Preliminary results from a report by International Post Corporation (IPC) have shown that the global postal sector registered overall revenue growth of 2.9% for 2014.
It is the fourth year in a row that the industry has grown, which is largely due to increased e-commerce related volumes. Total revenue growth in Europe reached 1.4%, and Asia Pacific and North America showed growth of 3.9% and 3.2% respectively. Posts from emerging economies presented a strong growth of 8.0%, which can be partly explained by higher economic growth and rapidly increasing e-commerce sales.
Herbert-Michael Zapf, president and CEO of IPC, said, “These preliminary results for 2014 confirm a positive trend for the postal sector. This demonstrates that postal strategies to diversify into new areas while at the same time continuing to innovate in the core business are paying off. Ongoing e-commerce growth as well as data-driven marketing present untapped growth opportunities for the postal sector. IPC continues to support postal operators in maintaining high quality standards, while at the same time helping them to further improve the postal sector’s cross-border solutions for consumers and e-retailers, to leverage this growth potential.”
Complete 2014 results as well as results for the first half of 2015 will be presented in the 2015 IPC Global Postal Industry Report to be published in November 2015.
July 15, 2015