global parcel volume increases

Global Parcel Volume Increased, Notes Pitney Bowes

Global parcel volume has increased over the last two years, as eCommerce solutions experts Pitney Bowes have noted.

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Parcel volume has grown to 65 billion in 2016, up from 44 billion in 2014. This is a 48 percent increase and shows no signs of slowing down.

It is expected to rise at a rate of 17-28 percent from 2017 to 2021.

Let’s look at the numbers

The parcel volume index has been taken from 13 countries which include the U.S., Australia, China, Canada, France, Brazil, Germany, Sweden, Italy, Japan, Norway, India and Italy.

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So far the largest market has been China with parcel volume growing by 52 percent. The Chinese parcel volume has grown from 21 billion in 2015 to 31 billion in 2016. Other markets have grown as well, with an average annual growth of 4.3 percent since 2012.

This growth is expected to continue from 4.5 to 5.4 percent until 2021.

The U.S. and Japan are two of the major players in terms of parcel volume. The U.S. is at 13 billion while Japan is at 9 billion.

The U.S. is the largest when it comes to investment, spending $96 billion. China is at $60 billion while Japan is at $22 billion in parcel shipment.

With eCommerce growing, the parcel volume is expected to increase as more people order from online sites, increasing traffic in shipment and deliveries.

New trends and technology would make parcel shipment much faster.

One of those trends is in robotics, something that some companies such as Amazon is looking into.

The importance of services such as same day delivery would increase volume as more products are delivered at a faster rate. In turn this can then mean an increased demand as eCommerce picks up.

These improvements will benefit much of eCommerce and would drive it forward. Innovation would help increase eCommerce business, a trend that is seen to continue as more people discover it.

eCommerce is certainly not slowing down for the foreseeable future, what do you think of these numbers? Is now a good time to be thinking about international expansion?  Let us know in the comments below.

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