For the fourth year in a row, the global postal sector registers overall revenue growth as many posts report increased e-Commerce-related volumes, a key driver for future growth.
In 2014, the global postal industry registered year-on-year revenue growth of 2.9%* , according to preliminary results published by International Post Corporation (IPC).
Speaking on the report, 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.”
Although the report failed to capture African region, but other regional differences remain between Europe, Asia Pacific and North America.
While total revenue growth in Europe reached 1.4%, 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.
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.
The report includes a comprehensive and detailed review of the postal industry, covering 45 postal operators worldwide and analysing key market trends.
A publicly available summary, the IPC GPIR Key Findings, will also be published.
International Post Corporation (IPC) is the leading service provider of the global postal industry that provides leadership by driving service quality, interoperability and business-critical intelligence to support posts in defending existing business and expanding into new growth areas.
It is a cooperative association of 24 member postal operators in Asia Pacific, Europe and North America. IPC’s solutions and services are used by over 180 posts worldwide.
Since 1989 IPC has set standards for upgrading quality and service performance and developed technological solutions that help members enhance service for international letters, packets and parcels. IPC engages in industry research, creates business-critical intelligence, provides a range of platforms and programmes for member post CEOs and senior management to exchange best practices and discuss strategy. IPC also manages the system for incentive-based payments between postal operators.
E-Commerce Lifts Overall Global Postal Industry 2014 Trends - Report
For the fourth year in a row, the global postal sector registers overall revenue growth as many posts report increased e-Commerce-related volumes, a key driver for future growth. In 2014, the global…
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