Forecast Report

ForecastView: Parcel Forecast, 2018 To 2019 (Global)

ForecastView Document

April 1st, 2020
Michael O'Grady, Principal Forecast Analyst
Michael O'Grady Principal Forecast Analyst
Reineke Reitsma, null
Reineke Reitsma
With contributors:
George Lawrie , Fiona Swerdlow , Sanjeev Kumar

Summary

eCommerce will drive parcel volume growth by 66% over the next five years. This report uses the ForecastView: Parcel Forecast, 2018 To 2019 (Global) to understand parcel volume size and growth across 49 countries in Latin America, North America, Europe, and Asia Pacific. The forecast calculates net domestic parcels, net imports, and net exports by country, as well as the countries they buy from and export to. Additionally, the report analyzes the challenges that logistics companies face, notably in maintaining margins as competition with marketplaces increases, driving a larger share of the parcel market. Please note: The impact to the global economy of COVID-19 is uncertain. We adjusted the forecast based on information available on March 4, 2020. The five-year parcel forecast is reduced to just 2018 and 2019; we will revisit this forecast in three months as more data becomes available on the COVID-19 global impacts.

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