IPC global report reveals what is driving postal growth

0

The International Post Corporation (IPC) has released its Global Postal Industry Report 2019, which reveals that e-commerce was the driving force of postal industry growth in 2018. According to the report, parcels revenue increased year-on-year by €6.9bn(US$7.7bn) in 2018.

Volumes of parcels (weighing 2-30kg) delivered by posts grew 9.1% on average in 2018, while their aggregate volumes have almost doubled since 2008. However, volume growth still lags behind that of the e-commerce market, which quadrupled in size over the same period, offering posts opportunities for further development.

“E-commerce remains the engine for postal industry growth. And with global e-commerce sales predicted to roughly double over the next five years, delivery firms are competing intensely to offer faster, cheaper and simpler solutions to consumers and e-retailers alike,” said Holger Winklbauer, CEO of IPC.

Driven by growth for lightweight e-commerce packets, as well as rate increases, posts saw aggregate mail revenue grow €1.8bn (US$2bn) in 2018, despite accelerating volume decline. Mail volumes were down 5.9% on average in 2018, following a 5.0% average drop in 2017.

The IPC Global Postal Industry Report is published annually and covers 50 posts from Europe, North America, Asia-Pacific and BRICS countries, as well as integrators UPS and FedEx.

To read more about the IPC Global Postal Industry Report, click here. <https://www.ipc.be/sector-data/postal-sector/key-findings>

Share.

About Author

mm
, editor-in-chief

Helen has worked for UKi Media & Events for nearly a decade. She joined the company as assistant editor on Passenger Terminal World and since progressed to become editor of five publications, covering everything from aviation, logistics and e-commerce to meteorology. She has a love for travel and property and has redeveloped three houses in three years. When she’s not editing magazines, she’s running around after her two boys and their partner in crime, Pete the pug.

Comments are closed.