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Postal sector registers growth for fifth consecutive year

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Postal sector registers growth for fifth consecutive year

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The global postal sector registered year-on-year revenue growth of 2.5% in 2015, according to a preliminary report published today (June 9) by International Post Corporation (IPC).

If accurate, it will be the fifth year in a row that the sector has experienced revenue growth, predominantly driven by growing e-commerce-related volumes. While mail volumes declined across most markets, mail revenue grew by 0.9% on average as posts continued their efforts to streamline mail operations and increase efficiency. Parcels and Express revenue grew 4.7% year-on-year as e-commerce growth further boosted parcel volumes.

Complete 2015 results, as well as results for the first half of 2016, will be presented in the IPC Global Postal Industry Report to be published in November 2016. The report will include a comprehensive and detailed review of the postal industry, covering 45 postal operators worldwide and analyzing key market trends.

Herbert-Michael Zapf, president and CEO of IPC, said, “The preliminary 2015 results show once again a positive trend for the postal sector, although the sector grows at a lower pace. In a mail market that continues to decline, postal operators are diversifying into new areas while at the same time innovating in the core business to increase efficiency. Booming e-commerce continues to drive the growth of the sector even though posts still have the potential to grow their share in the e-commerce market. IPC continues to support postal operators to leverage the growth potential presented by the developments in cross-border e-commerce, while at the same time maximizing efficiency and quality in the mail segment.”

For more information on the IPC Global Postal Industry Report click here
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