48 Percent Growth in Parcel Volume since 2014

September 6, 2017 Ken Klaver

Pitney Bowes recently unveiled its second-ever ParcelShipping Index, revealing a 48 percent growth in parcel volume over the past two years, and estimating annual growth to continue to rise at a rate of 17-28 percent YOY between now and 2021. 

The study results indicate rising consumer expectations surrounding online shopping are putting pressure on retailers to deliver on convenience, price, and the availability of products from around the world.

This infographic below is a summary of the findings of this years arcel Shipping Index. It breaks down the trends and results per region. After reading, please don't forget to scroll down. there we have gathered some more interesting facts, straight from the report. 

More valuable details from this report

The study results indicate rising consumer expectations surrounding online shopping are putting pressure on retailers to deliver on convenience, price, and the availability of products from around the world.

For Jerry Hempstead, president of parcel express analyst firm Hempstead Consulting, the research contains some other nuggets:

"Clearly we see the great potential of China and India as the most populous areas," he says. "Consider the U.S. has 330 million folks, China has 1 billion 330 million people. 

Hempstead also notes that one does see in that data (as its presented) that revenue growth lags shipment growth and that will have to change.

"Companies that transport don't offer "free shipping". Free shipping 'ain't,' he said. "So I expect continued focus, at least on the part of the publically traded companies like DHL, UPS and FedEx (TNT is now gone from the competitive landscape) on yield improvement - translate that into higher shipping charged and stricter shipping rules and fees."

About the Author

Ken Klaver

Ken Klaver governs ControlPay’s social media strategy, while developing brand awareness, generating inbound traffic and encouraging product adoption. On a daily basis, Klaver manages all social channels of CP, writes blogs, creates infographics and maintains a daily news page regarding the most relevant logistics and supply chain topics.

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