Global parcel delivery market worth almost $350bn

Global parcel delivery market worth almost $350bn

Apex Insight has estimated the global parcels market was almost US$350bn in 2017, up from just over US$310bn in 2016.

In a statement issued on Friday (12 Janary), Apex Insight that its Global Parcel Delivery Market Insight 2018 report indicated that Asia Pacific is the largest regional parcels market by value, accounting for around 40% of the global market. North America and Europe together represent a little over 50% of the market.

As you would expect, Apex Insight said that “China is the key growth market, representing almost 60% of the Asia-Pacific regional total by value. Chinese volumes reached 31.2bn in 2016, over 50% up on 2015”. (The volumes are still on the rise. Reports published in China’s media last week said that the State Post Bureau has calculated that the total volume for 2017 was around 40bn.)

According to Apex Insight: “The US is still the largest country market in value terms, although China has surpassed it in volume. In Europe, Germany remains the largest market with the UK having been the fastest-growing of the main countries .”


About The Author

Ian Taylor

Ian Taylor is the Editor of Triangle’s Mail & Express Review Magazine and the portal. Ian has been a business journalist for almost 30 years, editing and writing for a wide range of magazines and newspapers with a particular focus on the transport and logistics industries.

News Archive



MER Magazine

The Mail & Express Review (MER) Magazine is our quarterly print publication. Packed with original content and thought-provoking features, MER is a a must-read for those who want the inside track on the industry.


P&P Poll


In the future, what type of food will we see delivered more often through domestic letter boxes?

Thank you for voting
You have already voted on this poll!
Please select an option!

Pin It on Pinterest

Share This