The report contains insights on the European parcel market for the year 2014. It discusses the market size, and market forecasts for the different European countries. The report also contains the information on key market players and their market share.
Dallas, TX -- (SBWIRE) -- 03/13/2015 -- The main contributors of the European parcel market are the seven countries, Germany, UK, France, Spain, Italy, Benelux and Poland. These markets represent 75% of European GDP and, according to our market model, 78% of total parcels revenues. The other countries included in our market model are Switzerland, Sweden, Norway, Austria, Denmark, Greece, Finland, Portugal, Ireland, Czech Republic, Romania, Hungary, Slovak Republic, Croatia, Bulgaria, Slovenia, Serbia, Lithuania, Latvia, Estonia, Bosnia and Herzegovina, Iceland, Albania, FYR Macedonia, Malta and Montenegro. The analysis excludes Russia and Turkey.
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The global courier and parcel sector generates revenue of around $189 billion, each year. DHL, FedEx, TNT and UPS are some of the global leaders in the courier and parcel sector. According to Marketline, the UK courier and express sector generated annual revenue of around $6.6 billion in 2012. Growth is forecast to accelerate to 2.8% for the period 2010 to 2015. Revenue in the courier, express and parcel sector is forecast to grow to $7.6 billion by the end of 2015.
DPD is one of the UK parcel service giants. In the year 2013, DPD generated revenue more than 100 million Euros with 18.6% growth in turnover on year on year basis. DPD delivers more than 1.6 million parcels every week. It has more than 6700 employees in the UK. Key companies profiled in European parcel market research reports are FedEx UK, UPS, CityLink, TNT Express and Royal Mail.
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There are several key factors which affect European parcel market. The global oil price increase causes higher transportation cost. So there is a negative effect on the business. There are no alternatives to airline service for critical and time sensitive parcels. Another factor is online purchase or online retailing. E commerce industry is growing rapidly. The E commerce business plays a significant role in the rise in the parcel industry.
The report is useful for owners and operators of parcel networks and also customers of those networks, in particular, retailers who sell via the internet. It is also beneficial for investors in these businesses and institutes or individuals like banks, analysts, consultants, Market regulators and policymakers and other parties with interests in the sector.
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