Parcel shipments passed 100B in 2019, will double by 2026

Shippers sent 103 billion parcels globally in 2019, at a rate of 3,248 parcels per second, according to the Pitney Bowes 2019 Parcel Shipping Index released Monday. The Index tracks parcels weighing less than 70 pounds shipped from the U.S., Canada, Brazil, Germany, the U.K., France, Italy, Norway, Sweden, China, Japan, Australia and India.

China increased its lead in global parcel volume in 2019, shipping more than 63 billion parcels last year, representing 26% YoY growth and making up substantially more than half of global parcel volume. China, Japan and the U.S. volume combined represent 84% of global parcel volume.

Pitney Bowes predicts global parcel volume will reach 220-262 billion annual parcel shipments by 2026 due to the quickening pace of e-commerce offerings from retailers and adoption from consumers around the world.

Source: Supplychaindive.com

FULL ARTICLE

VIEW ARTICLES