Preliminary results published by International Postal Corporation (IPC) has revealed that the global postal industry strengthened its growth figures in 2018, registering year-on-year revenue growth of 4.3%, which was supported by increasing B2C parcels and express volumes – both domestic and cross-border.
Holger Winklbauer, CEO of IPC, said, “Postal industry revenue is growing solidly despite ongoing traditional mail decline. More than two-thirds of posts analyzed saw year-on-year growth of 1% or more, which clearly demonstrates that they continue to develop through broadening their service offerings and improving their existing network and efficiency. E-commerce does remain the main and common growth driver and posts are expanding their networks and capacity to respond to the increasing demands.
“The ongoing increase in cross-border e-commerce volumes, mainly driven by lightweight and low-value items, represents an opportunity for postal operators worldwide. For them to fully reap the potential of e-commerce, posts must offer an integrated cross-border delivery platform including a delivery duty payment system upfront.”
Complete 2018 results, as well as results for the first half of 2019, will be presented in the IPC Global Postal Industry Report, to be published in November 2019. The report will include a comprehensive and detailed review of the postal industry, covering 50 postal operators worldwide and analyzing key market trends. A publicly available summary, the IPC GPIR Key Findings, will also be published in November.
For more information on the IPC Global Postal Industry Report, click here.