E-commerce driving parcel market

The development of e-commerce has contributed substantially to parcel shipping profits of NZ$ 10 billion in 2015, an increase of 6.2 per cent over the prior year, according to a new report.The Pitney Bowes

Parcel Shipping Index discovered that Australians receive approximately 34 parcels a year, with total parcel volume in Australia growing 8 per cent to 841 million parcels, up from 778 million in 2016.

The index did not include per capita parcel volume for New Zealand this year, but it expects to include market-specific figures in next year’s report.

“Global e-commerce giants continue to raise the bar, resetting customer expectations when it concerns shipping. As retailers and marketplaces seek to cross-border commerce to drive development, carriers should develop efficient, seamless paths to market,” Pitney Bowes ANZ nation supervisor Stephen Darracott said.

“Over the next year, we anticipate companies will be undergoing a digital transformation of their mailing and shipping workflow, improving their effectiveness and incoming and outbound tracking capabilities.”

Relieve of shipping, shipment and tracking parcels domestically and globally is contributing to the anticipated rapid growth of the parcel delivery market, which is anticipated to grow by 1 billion parcels a year by 2021.

Internationally, the report keeps in mind that China’s parcel volume (40.1 billion) represent 53 percent of total shipments, and is triple that of the United States (11.9 billion), with Japan (9.6 billion) following shortly after.The US ranks greatest in parcel shipping earnings at NZ$ 117 billion, generating 38 percent of the total income of the 13 countries indexed. The average shipping cost of a parcel in the United States is NZ$ 9.81, compared with NZ$ 2.01 in China and NZ$ 2.89 in Japan.Japanese locals received, on average, 76

parcels per individual in the year of 2017, with the UK following at 48, and Germany at 41. The post E-commerce driving parcel industry appeared initially on Within Retail.

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