Pitney Bowes Parcel Shipping Index
STAMFORD, Conn., November 15, 2016 - Pitney Bowes Inc. (PBI), a global technology company that provides products and solutions that power commerce, today unveiled the Pitney Bowes Parcel Shipping Index, an annual report that measures both volume and spend for business-to-business, business-to-consumer, consumer-to-business and consumer consigned shipments with weight up to 31.5 kg (70 lbs.) in 12 major markets, consisting of the U.S., Canada, Brazil, Germany, UK, France, Italy, Norway, Sweden, Japan, Australia and India. Based on proprietary and published data, the Pitney Bowes Parcel Shipping Index found that parcel shipping volume was 31 billion parcels in 2015, which was a 2.9 percent increase over 2014. Furthermore, the Index forecasts parcel shipping volume to grow annually at 5 to 7 percent for a total increase of 20 percent by 2018, with cross-border shipping leading the way.
The Pitney Bowes Parcel Shipping Index, which is unique in its focus on the parcel shipping market, confirmed that the U.S. is the largest parcel shipping market of the countries studied with more than 11.8 billion parcels shipped and $85 billion spent in 2015. Japan, Germany, UK and France round out the top five countries with parcel volumes of 9.4B, 3.0B, 2.2B and 1.5B units respectively in 2015. Globally, the parcel shipping market is being driven primarily by growth in ecommerce with an increasing number of online shoppers around the world. Of the countries in this Index, the U.S. has the largest retail ecommerce market followed by the UK, Japan, Germany and France.
The Pitney Bowes Parcel Shipping Index focuses on business-to-business, business-to-consumer, consumer-to-business and consumer consigned shipments with weight up to 31.5 kg (70 lbs.). All service levels, such as time definite deliveries, are included. Adjacent services offered by carriers such as freight forwarding, supply chain management and cargo shipments are excluded.
In North America, parcel shipping volume grew 3.6 percent in 2015 to 11.8 billion in the U.S. and grew 1.6 percent to 0.55 billion in Canada in 2015.
U.S. businesses spent more than $85 billion on parcel shipping in 2015, up 1.2 percent from 2014.
Pitney Bowes Parcel Shipping Index
The Pitney Bowes Parcel Shipping Index measures parcel volume and spend for business-to-business, business-to-consumer, consumer-tobusiness and consumer consigned shipments with weight up to 31.5kg (70 pounds). It tracks data for Australia, Brazil, Canada, China, France, Germany, India, Italy, Japan, Norway, Sweden, the United Kingdom and the United States. The Index represents the parcel shipping activity of 3.8 billion people across these markets.
| Year | Global parcel shipments (billion) | US parcel shipments (billion) | Canada parcel shipments (billion) | China parcel shipments (billion) |
|---|---|---|---|---|
| 2014 | 43 | 9.3 | 0.54 | |
| 2015 | 51 | 10 | 0.55 | 21 |
| 2016 | 63.6 | 11 | 0.597 | 31 |
| 2017 | 74.4 | 12 | 1.1 | 40.1 |
| 2018 | 87.5 | 13.3 | 1.1 | 51 |
| 2019 | 103 | 14.8 | 1.2 | 63.5 |
| 2020 | 131 | 20.2 | 1.6 | 83.4 |
| 2021 | 159 | 21.6 | 1.5 | 108 |