Spanish express market grew 9.4 pct in 2006

The Spanish express market grew by 9.4 pct last year, compared to 2005, reaching nearly 6.69 billion euros.

Business parcels grew by 10% to almost EUR 3.8 billion and industrial courier services by 8.6% to EUR 2.9 billion.

The better coverage of Spanish territory, the good services of consolidation companies (due the fusion and acquisition processes of express Spanish companies in 2006) and also the higher prices are one of the main reasons of the growth of this sector.

According to DBK research, “EU enlargement was a factor behind increasing international parcels and courier growth, with less trade barriers, improved transit times and cheaper shipment costs”.

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