Postal & Courier Activities in the UK - Market Research Report (2014-2029)

All delivered: Industry revenue is forecast to rise in 2023-24 as online shopping activity remains high

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.

Over the five years through 2023-24, revenue is projected to strengthen at a compound annual rate of 0.5%. This growth is largely attributable to the significant rise in e-commerce activity, increasing consumer's postal and courier requirements. Increased internet usage has reduced the volume of letters posted, restricting revenue growth. Since consumers can send messages online, one of the major motivations behind social letters has disappeared. Similarly, businesses that want to advertise or contact their customers now have many other cheaper and quicker options than direct mail.

Licensed and non-licensed postal operators and courier companies in this industry pick up, sort, transport and deliver letters, parcels, bulk materials, documents and medical supplies. Operators distribute advertising material, newspapers and periodicals. Postal activities under the Universal Service Obligation are included.