IPC reports overall growth for global postal industry
International Post Corporation (IPC) has announced today that – for the fourth year in a row – the global postal sector saw overall revenue growth in 2014, as many posts reported increased e-commerce-related volumes. IPC said that the preliminary results published today indicated the global industry had achieved year-on-year revenue growth of 2.9%.
While this was an increase, it was down compared to the 3.7% rise in 2013, and the 3.9% in 2012. Nevertheless, IPC was keen to accentuate the positive.
“These preliminary results for 2014 confirm a positive trend for the postal sector,” commented Herbert-Michael Zapf, President and CEO of IPC. “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 added that its 2014 findings highlighted some important 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,” commented IPC. “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.”
IPC will be presenting its full 2014 results as well as findings for the first half of 2015 in the 2015 IPC Global Postal Industry Report, which is set to be published in November.