About Moving Services
Moving Services provide assistance to people and businesses in moving their goods from one place to another. There considerable growth in the number of employees traveling abroad where the need for the moving services is vital. The moving services also help selling an existing home, costs incurred house hunting, temporary housing if necessary and all travel costs by the employee and family to the new location. Due to the factors such as adequate overseas employment and emigration of the United States citizens abroad the market is expected to grow over the coming years.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
In Moving Services Market, it has been observed that most of the companies are upgrading or introducing innovative services. They rely on strategies such as mergers & acquisitions, product development, geographical expansion, technological innovation and sourcing strategies to enhance their market share. Analyst at AMA Research estimates that United States Vendors will contribute the maximum growth to Global Moving Services market throughout the forecasted period. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Atlas Van Lines (United States), Arpin Van Lines (United States), Bekins Van Lines, Inc. (United States), Mayflower Transit, LLC (United States), United Van Lines (United States), Wheaton World Wide Moving (United States), U-Pack (India), Armstrong Relocation (United States), Beltmann Group Incorporated (United States), Coleman American Moving Services (United States), Corrigan Moving Systems (United States), Daryl Flood Relocation & Logistics (United States), Ford Storage and Moving Company (United States), Fidelity Moving and Storage (United States), Mergenthaler Transfer and Storage Co. (United States) and New World Van Lines (United States) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research coverage are Palmer Moving & Storage (United States), Tri Star Freight System (United States), Planes Moving and Storage (United States), JK Moving & Storage, Inc. (United States) and Others.
Segmentation Overview
AMA Research has segmented the market of Global Moving Services market by Type (Corporate, Residential and Military and Government), Application (Commercial and Personal) and Region.
On the basis of geography, the market of Moving Services has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Services, the sub-segment i.e. Packing Services will boost the Moving Services market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Implementation of CRM and Engagement Analytics in Moving Industries
Market Growth Drivers:
Increase in the Number of Renters Globally and Increase in the Employment Relocation rate
Challenges:
Eliminating Moving Scams
Restraints:
High Costs Involved with Relocation Services
Opportunities:
Increasing Emigration of the Citizens Abroad and Hassle Free Shifting to New Places
Market Leaders and their expansionary development strategies
In February 2019, Wheaton Van Lines acquired Stevens Worldwide Van Lines. This acquisition will expand the capacity and capabilities of the four brands under the Wheaton group umbrella.
In October 2019, JK Moving Services forged a stronger partnership with Yembo. This partnership enables JK customers to use Yembo’s AI-driven software to conduct virtual surveys of goods using a mobile phone.
Key Target Audience
New Entrants/Investors, Analysts and Strategic Business Planners, Moving Services Providers, Venture Capitalists and Private Equity Firms, Government Regulatory and Research Organizations and End-Users
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.