Consumer deliveries and international business to drive German CEP market growth
The German courier, express and parcels (CEP) market is likely to grow only moderately in the 4% – 5% range over the next few years. International business will continue to grow well while consumer deliveries will generate the bulk of new volumes in the domestic sector. Those are the key findings of the newly-published “CEP Market Fact Sheet Germany” from CEP-Research. The in-depth report also contains detailed market and competitor figures, profiles of the ten leading operators, and a comparative overview of their products.
Germany reinforced its status as Europe’s largest CEP market with total revenues of just over EUR 9.2 billion in 2005, the latest report by the Hamburg-based market research company revealed. The deferred parcels segment, accounting for over 60% of market revenues, grew faster than the express sector. Confirming the recent trend towards more online-generated parcels business, the B2C/C2C (or “consumer deliveries”) segment has grown to 32% of the market. Domestic business accounted for about 75% of market revenues. “We are now expecting a 4.6% increase for the overall market in 2006, with the B2C/C2C segment generating somewhat higher growth,” commented Robert Thyssen, CEP-Research manager.
In its medium-term forecast, CEP-Research predicted that the German market will grow moderately by 4.4% a year to reach total revenues of over EUR 11.4 billion in 2010. International growth will outpace domestic market growth. Key factors driving additional volumes will be the emergence of Central and Eastern Europe as an important regional import and export market, and rising international trade with Asia. While competition in the B2B sector will intensify, domestic market growth is likely to be mostly generated by increasing demand in the B2C and C2C segments.
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