The primary growth driver for the moving services market in the US stems from residential relocation and corporate relocation. Residential relocation is taking place due to the increase in the number of renters when compared with ownership rates. The percentage of renters in the US rose from 32.13% in 2006 to 41.23% in 2016 owing to the increase in the employment relocation rate.
Technavio’s analysts forecast the moving services market in US to grow at a CAGR of 3.75% during the period 2017-2021.
Covered in this report The report covers the present scenario and the growth prospects of the moving services market in US for 2017-2021. To calculate the market size, the report presents the vendor landscape and a corresponding analysis of the vendors operating in the market.
Technavio's report, Moving Services Market in US 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors • Atlas Van Lines • Arpin Van Lines • Bekins • Mayflower Transit • United Van Lines • Wheaton World Wide Moving
Other prominent vendors • U-Pack • Armstrong Relocation • Beltmann Group • Coleman American Moving Services • Corrigan Moving Systems • Daryl Flood Relocation & Logistics • Ford Storage and Moving Company • Fidelity Moving and Storage • Mergenthaler Transfer and Storage • New World Van Lines • Palmer Moving & Storage • Tri Star Freight System • Planes Moving and Storage
Market driver • Rise in overseas employment and emigration. • For a full, detailed list, view our report
Market challenge • Damage during transit and improper packaging of goods. • For a full, detailed list, view our report
Market trend • Implementation of CRM and engagement analytics in moving industries. • For a full, detailed list, view our report
Key questions answered in this report • What will the market size be in 2021 and what will the growth rate be? • What are the key market trends? • What is driving this market? • What are the challenges to market growth? • Who are the key vendors in this market space? • What are the market opportunities and threats faced by the key vendors? • What are the strengths and weaknesses of the key vendors?
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Methodology Research methodology is based on extensive primary and secondary research. Primary research includes in-depth interviews with industry experts, vendors, resellers and customers. Secondary research includes Technavio Platform, industry publications, company reports, news articles, analyst reports, trade associations and the data published by Government agencies.
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