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Pitney Bowes Parcel Shipping Index Reports Global Parcel Shipping Reaches $279 Billion in Revenue
Pitney Bowes Says Global Shipping Volume To Surpass 100 Billion Parcels in 2020
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(Graphic: Business Wire)
Parcel volume globally grew 17 percent last year to 74.4 billion parcels, up from 63.6 billion in 2016. This was in the 17-28 percent growth projection range given in last year’s Pitney Bowes Parcel Shipping Index. On average, there were 22 parcels shipped per person globally, and 2,300 parcels shipped every second.
“China continues to have the greatest impact on the growing shipping
market in terms of absolute scale and growth,” said
The Index expects global shipping volume to surpass 100 billion parcels
in 2020 in aggregate across the 13 countries reviewed:
View the Pitney Bowes Shipping Index interactive map and infographic to learn more.
Topline Trends Across Countries
-
China’s Parcel Volume Triples United States’:
China (40.1 billion),the United States (11.9 billion), andJapan (9.6 billion) represented the top three countries for parcel shipping volume in 2017. China’s parcel shipments represent 53 percent of the total shipments in the Pitney Bowes Parcel Shipping Index. -
United States Tops Shipping Revenue:
The United States ranks highest in parcel shipping revenue at$107 billion , generating 38 percent of the total revenue of the 13 countries.China ($73 billion ) andJapan ($25 billion ) follow. The average shipping price of a parcel is$8.95 in the US, compared to$1.83 inChina and$2.64 inJapan . -
China’s Parcel Growth Continued to Soar: Despite slower parcel
volume growth from the previous four years,
China represents the largest market in parcel volume growth at 28 percent YOY.India (11 percent) andSweden (9 percent) followed. -
Japanese Residents Receive the Most Packages:
Japan tops per capita shipping with 76 parcels shipped per person in 2017. TheUK follows at 48 parcels shipped per person, and thenGermany at 41 parcels.
Key Findings by Region
-
Brazil , parcel volume grew 6 percent YOY in 2017 with volume reaching 664 million parcels and 3 parcels shipped per person. -
Canada , parcel volume grew by 5 percent year-over-year to 1.1 billion parcels or 30 parcels per person. -
United States shipped 11.9 billion parcels, up 8 percent YOY. This represents an average of 37 parcels shipped per person for the year.
-
France grew 5 percent YOY, shipping 18 parcels per person with a total volume of 1.2 billion parcels shipped in 2017. -
Germany shipped an average of 41 parcels per person, reaching a total of 3.4 billion parcels. Parcel volume grew 6 percent YOY. -
Italy shipped a total of 759 million parcels growing at 5 percent YOY and 12 parcels shipped per person. -
Norway parcel shipping dipped 1 percent YOY, with a total volume of 56 million parcels shipped at 11 parcels per person in 2017. -
Sweden grew 9 percent YOY with a total volume of 113 million parcels and 11 parcels shipped per person in 2017. -
United Kingdom shipped a total of 3.2 billion parcels in 2017, growing 8 percent YOY, which represented 48 parcels shipped per person.
-
Australia shipped 841 million parcels at 34 parcels per person an 8 percent increase YOY. -
China’s parcel volume reached 40.1 billion in 2017, or 1,270
parcels shipped each second. With the highest parcel volume in the
study,
China is up 28 percent YOY shipping 29 parcels per person in 2017. -
India shipped just 1 parcel per person in 2017, yet grew 15 percent YOY reaching a total of 1.5 billion parcels shipped. -
Japan shipped 76 parcels per person in 2017 with YOY growth at 2 percent and a total parcel volume shipped at 9.6 billion.
About the Pitney Bowes Parcel Shipping Index
The Pitney Bowes Parcel Shipping Index measures parcel volume and spend
for business-to-business, business-to-consumer, consumer-to-business and
consumer consigned shipments with weight up to 31.5kg (70 pounds) across
About
View source version on businesswire.com: https://www.businesswire.com/news/home/20180828005237/en/
Source:
Pitney Bowes Inc.
Carol Wallace, 203-351-6974
Carol.wallace@pb.com