Parcels maintain growth of posts globally

0

According to a report by the IPC (International Post Corporation) parcels remained the key driver of growth in the postal industry in 2019. The report identified worldwide growth of 4.2% for posts, buoyed by e-commerce and despite a continued decline in mail volume.

Holger Winklbauer, CEO of IPC said, “Postal industry revenue is showing solid growth, notwithstanding ongoing traditional mail decline and many other market challenges. Many of the posts analyzed reported year-on-year growth, mainly driven by e-commerce. Posts continue to work on increasing network capacity and efficiency in order to respond to higher parcel volumes, both domestically and internationally.

“Posts have also intensified their diversification efforts and new service offerings alongside traditional mail – the share of non-mail services continued to increase in 2019. While parcels remained a key revenue driver, many posts reporting logistics and financial services revenue saw growth in these areas.”

The IPC said that complete 2019 results as well as results for the first half of 2020 will be presented in the IPC Global Postal Industry Report to be published in November 2020. The report will include a comprehensive and detailed review of the postal industry, covering over 50 postal operators worldwide and analyzing key market trends as well as first implications from the Covid-19 crisis. A publicly available summary, the IPC GPIR Key Findings, will also be published in November.

Share.

About Author

Comments are closed.