Pitney Bowes Parcel Shipping Index Reports Australia’s Parcel Shipping Volume Exceeds 63 Million
Pitney Bowes Says Global Shipping Volume to Surpass 100 Billion Parcels in 2020
Australia Key highlights:
- Parcel volume increase to 841 million from 778 million, increase of over 8% YOY
- Parcel revenue increase to 9.2 billion from 8.6 billion, increase of over 6.2% YOY
- 34 parcels per capita in 2017, increase of over 6.4% YOY
Sydney, August 28, 2018. The Pitney Bowes Parcel Shipping Index, released today, reports that parcel shipping generated AUD $9.2 billion in revenue last year, an increase of 6.2 percent over 2016. Pitney Bowes Inc. (NYSE: PBI), a global technology company that provides commerce solutions in the areas of ecommerce, shipping, mailing and data, has today released its third annual Parcel Shipping Index, which revealed parcel volume in Australia grew eight percent last year to 841 million parcels, up from 778 million in 2016.
The annual report, which measures both volume and spend for business-to-business, business-to-consumer, consumer-to-business and consumer consigned shipments, shows Australians receive an average of 34 parcels each year, driven by fast growth in e-commerce sales this past year.
The ecommerce revolution in Australia has contributed significantly to the strength of the parcel shipping market. The seamless experience provided by many online marketplaces has driven consumers’ expectations for convenience, price and availability of products from around the world, made possible through global ecommerce.
The omnipresence of ecommerce has spurred a global boom industry, with parcel shipping generating $279 billion in global revenue last year, increasing 11 percent from 2016. In the 13 markets reviewed, the Shipping Index expects global shipping volume to surpass 100 billion parcels by the year 2020.
Stephen Darracott, ANZ Country Manager and Director, Pitney Bowes, said, “The parcel shipping market remains strong, with growth across all regions. Global ecommerce giants continue to raise the bar, resetting customer expectations when it comes to shipping. As retailers and marketplaces look to cross-border commerce to drive growth, carriers must create efficient, seamless routes to market. They’re doing this by turning to technology, investing in commerce platforms, logistics hubs and fulfillment centers. Over the next year, we expect businesses will be undergoing a digital transformation of their mailing and shipping workflow, improving their efficiency and inbound and outbound tracking capabilities.”
View the Pitney Bowes Shipping Index interactive map and infographic to learn more.
Australia’s parcel market is expected to grow to more than 1 billion parcels a year by 2021. The parcel delivery market is seeing an exponential growth backed by ease of shipping, delivery and tracking parcels domestic and internationally.
“The Australiana and New Zealand market is gearing for an exponential growth as we’re also seeing more and more ecommerce companies looking to the shipping industry with a value proposition. Pitney Bowes accelerated its entry into the shipping market by introducing SendPro to Australian SMB retailers. As the competition heats up, simplified and reliable service, accelerated delivery times, and transparent and accurate tracking will be the key to success,” Darracott continued.
Topline Trends Across the globe
- China’s Parcel Volume Triples United States’: China (40.1 billion), the United States (11.9 billion), and Japan (9.6 billion) represented the top three countries for parcel shipping volume in 2017. China’s parcel shipments represent 53 percent of the total shipments in the Pitney Bowes Parcel Shipping Index.
- United States Tops Shipping Revenue: The United States ranks highest in parcel shipping revenue at $107 billion, generating 38 percent of the total revenue of the 13 countries. China ($73 billion) and Japan ($25 billion) follow. The average shipping price of a parcel is $8.95 in the US, compared to $1.83 in China and $2.64 in Japan.
- China’s Parcel Growth Continued to Soar: Despite slower parcel volume growth from the previous four years, China represents the largest market in parcel volume growth at 28 percent YOY. India (11 percent) and Sweden (9 percent) followed.
- Japanese Residents Receive the Most Packages: Japan tops per capita shipping with 76 parcels shipped per person in 2017. The UK follows at 48 parcels shipped per person, and then Germany at 41 parcels.
About the Pitney Bowes Parcel Shipping Index
The Pitney Bowes Parcel Shipping Index measures parcel volume and spend for business-to-business, business-to-consumer, consumer-to-business and consumer consigned shipments with weight up to 31.5kg (70 pounds) across Australia, Brazil, Canada, China, France, Germany, India, Italy, Japan, Norway, Sweden, the United Kingdom and the United States. Population data points were sourced from the International Monetary Fund, World Economic Outlook Database published in October 2017. The Pitney Bowes Parcel Shipping Index spans 13 countries and represents the parcel shipping activity of 3.7 billion people.
About Pitney Bowes
Pitney Bowes (NYSE:PBI) is a global technology company providing commerce solutions that power billions of transactions. Clients around the world, including 90 percent of the Fortune 500, rely on the accuracy and precision delivered by Pitney Bowes solutions, analytics, and APIs in the areas of ecommerce fulfillment, shipping and returns; cross-border ecommerce; presort services; office mailing and shipping; location data; and software. For nearly 100 years, Pitney Bowes has been innovating and delivering technologies that remove the complexity of getting commerce transactions precisely right. For additional information, visit Pitney Bowes, the Craftsmen of Commerce, at https://www.pitneybowes.com/us.
Communications Manager, ANZ
Francesca Di Stefano, Burson Marsteller, on behalf of Pitney Bowes
+61 438 656 328