Top five UK carriers account for 75% of UK parcel shipments
Pitney Bowes Inc., a global technology company that provides commerce solutions in the areas of ecommerce, shipping, mailing and financial services, has announced data on UK carrier market share as an update to its latest Parcel Shipping Index.
The updated Index now charts parcel volumes, revenue and market share by carrier for the UK, as well as for 12 other major markets. It reveals that, as a highly consolidated market, the top five carriers in the UK account for 75% of UK parcel shipments by volume. These are Royal Mail (35%), Amazon Logistics (15%), Hermes (10%), UPS (8%) and DHL (7%) Amazon Logistics generated significant growth of 72% CAGR in volume from 2013-19 and 80% CAGR in revenue growth during the same timeframe.
Ryan Higginson, Vice President & UK/ROI Country Leader, Pitney Bowes said, “Our Parcel Shipping Index has become the industry’s go-to source for market figures and forecasts. The addition of the carrier market share data means we now have the complete picture, making the Index invaluable for logistics companies, industry watchers and analysts”.
To view the Pitney Bowes Parcel Shipping Index, please click here.
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 Australia, Brazil, Canada, China, France, Germany, India, Italy, Japan, Norway, Sweden, the United Kingdom and the United States. Population data points were sourced from the International Monetary Fund, World Economic Outlook Database published in October 2018. The Pitney Bowes Parcel Shipping Index spans 13 countries and represents the parcel shipping activity of 3.7 billion people.
