Courier Statistics


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Courier Statistics 2023: Facts about Courier outlines the context of what’s happening in the tech world.

LLCBuddy editorial team did hours of research, collected all important statistics on Courier, and shared those on this page. Our editorial team proofread these to make the data as accurate as possible. We believe you don’t need to check any other resources on the web for the same. You should get everything here only 🙂

Are you planning to form an LLC? Maybe for educational purposes, business research, or personal curiosity, whatever the reason is – it’s always a good idea to gather more information about tech topics like this.

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On this page, you’ll learn about the following:

Top Courier Statistics 2023

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Courier “Latest” Statistics

  • The courier industry saw a consistent year-over-year turnover increase, averaging 4.1% every year, compared to nonfinancial services, which saw an average growth rate of 5.3% per year.[1]
  • Domestic deliveries made up the great majority of the total for both letters and packages, with 98.5% for letters and 97.7% for packages.[1]
  • The cost of employees was still more than one-third of other courier operations (35.5%) of operating expenses in 2005 were slightly over twice as high as the average for the non-financial company sector during the same year.[1]
  • The tangible investment rate in the EU-27’s post and courier operations was 3.0 billion in 2006, which is 5.0% of the value added. This investment rate was the fifth lowest among the NACE categories for the non-financial sector economy in 2005 or 2006.[1]
  • Other courier operations had a higher wage-adjusted labor productivity ratio of 13.1%, whilst national post activities in the EU-27 as a whole had a ratio as low as 11.0%.[1]
  • This sector’s production contribution was substantially smaller, coming in at only 13.1% of turnover and 17.2% of value added.[1]
  • With over 1.9 million employees, this industry accounted for 38.4% of the media and communications industry.[1]
  • In countries other than Ireland, the postal and courier services sector’s wage-adjusted labor productivity ratios varied from 100.4% in the Czech republic to 132.8% in Estonia.[2]
  • The four biggest member states made up 64% of the value added in the EU-28’s non-financial business economy, but they made up 71.8% of the value added in the EU-28’s postal and courier services sector.[2]
  • In the postal and courier services industry, Cyprus had the highest gross operating rate (22.5%), followed by Italy (14.3%).[2]
  • The median pay is the wage estimate at the 50th percentile, meaning that 50% of employees earn less than the median, and 50% of workers earn more than the median.[3]
  • 77% of firms provide free delivery to enhance customer experience, while 61% of consumers demand speedy deliveries without any damage.[4]
  • According to Statista, B2C segments used same-day delivery services more often than B2B segments, accounting for more than 65% of the market.[4]
  • While just 5% of seniors are concerned about same-day delivery, roughly 30% of buyers find it fascinating.[4]
  • Demand for last-mile delivery services and inquiries from B2C e-commerce businesses increased by 50%.[4]
  • The market for courier services would grow at a 12% CAGR from 2017 to 2025 to reach $326.32 billion.[4]
  • Over 45% of consumers are now prepared to pay more for delivery services that arrive the same day or the following day.[4]
  • There are no businesses with a market share of more than 5% in Denmark’s postal courier activities sector, which has a low market share concentration.[5]
  • Between 2017 and 2022, the market size for postal courier activities in Denmark decreased on average by 2.3% annually.[5]
  • Between 2017 and 2022, the market size of the global courier delivery services business increased by 5.2% annually on average.[6]
  • 41% rated same-day delivery as swift and dependable. When making an online purchase, BOPIS prioritizes visibility for their package order throughout the delivery process.[7]
  • When a merchant didn’t provide free home delivery, 68% of U.S. consumers polled by Digital Commerce 360 said they didn’t make a purchase at least 50% of the time.[7]
  • According to 72% of respondents, covid sped up the digital transformation of their business by at least a year.[7]
  • Consumers claim to be buying online more often today than they were before the epidemic, and 88% of individuals believe they will keep doing so even if a cure or vaccine is found1.[7]
  • To keep their B2B clients, a forward-thinking courier service will work to increase their on-time delivery rate to about 90% or 100%.[7]
  • 81% of retailers want to increase investment in more complicated last-mile logistics projects, such as curbside pickup or in-store shipping from shops and intelligent package delivery lockers.[7]
  • Global retail e-commerce sales will exceed $10 trillion by 2022, or 25% of all retail sales, according to GroupM.[7]
  • And most merchants, 57%, claim to have expanded their carrier choices in the last year by partnering with at least one more delivery business.[7]
  • The final three months of 2020 saw royal mail deliver 496 million packages in the UK, a 30% increase in volume over the same time in 2020, driven by online shopping.[7]
  • Reliability, or a business’s ability to deliver on its promises, was listed among the top factors affecting respondents’ probability of staying loyal to a particular brand by 46%.[7]
  • According to the Washington Post, during the COVID-19 epidemic, parcel delivery volume increased by 70% in the U.S. Normally, parcels make up about 5% of the amount of mail sent by the postal service.[7]
  • Online sales accounted for the majority of consumer refunds with a staggering 30% return rate, compared to just 8.9% for in-store purchases.[7]
  • Statistics and trends for the courier delivery industry in 2022 forecast growth of 4.9% in the worldwide market for courier and delivery services.[8]
  • Couriers make up 57% of the population and have an average age of 40+.[9]
  • We examined trends in the proportion of each ethnic group among couriers between 2010 and 2019 using data from the census bureau.[9]
  • Graduates 33% associate degree 26% high school diploma 26% degree 7% various degrees 8% medical messenger pay dividends by education.[10]
  • Analysis of 1,506 medical couriers’ resumes revealed that, on average, they remain at their jobs for 1-2 years or 34% of their working lives.[10]

Also Read

How Useful is Courier

Courier services offer a convenient and hassle-free way to send and receive packages, whether it be a small parcel or a large shipment. Unlike traditional mail services, couriers provide a faster and more reliable delivery option, with door-to-door service ensuring that packages reach their destination in a timely manner.

The convenience of courier services cannot be overstated. With just a few clicks, you can schedule a pickup for your package and have it delivered to its destination within a matter of hours or days, depending on the service level chosen. This level of flexibility is especially beneficial for businesses that rely on quick turnaround times for their shipments.

Additionally, couriers offer a level of security and tracking that is unparalleled by standard mail services. With real-time tracking updates and proof of delivery options, you can rest assured that your package will reach its intended recipient safely and on time. This added peace of mind is invaluable, especially for high-value or sensitive shipments.

Furthermore, courier services cater to a wide range of needs and budgets, making them accessible to businesses and individuals alike. Whether you need same-day delivery, overnight shipping, or international shipping, there is a courier service to meet your specific requirements. This level of customization and flexibility allows you to choose the service level that best fits your needs and budget.

The accessibility and convenience of courier services have not gone unnoticed by businesses, who rely on these services to keep their operations running smoothly. From small businesses to large corporations, couriers play a vital role in ensuring that products reach customers in a timely and efficient manner. In the competitive world of e-commerce, where customer satisfaction is paramount, courier services have become an indispensable tool for businesses looking to gain a competitive edge.

Moreover, courier services contribute to the economy by creating jobs and supporting the logistics industry. From courier drivers to warehouse staff, a whole ecosystem of jobs is supported by the demand for courier services. This not only benefits individuals who rely on these jobs for their livelihood but also contributes to the overall growth of the economy.

In conclusion, the usefulness of courier services cannot be overstated. In a world where speed and efficiency are paramount, couriers offer a convenient and reliable option for sending and receiving packages. From the convenience of scheduling pickups online to the security of real-time tracking, courier services provide a level of service that is unmatched by traditional mail services. Whether you are a business looking to streamline your shipping process or an individual sending a gift to a loved one, courier services offer a convenient and cost-effective solution to your shipping needs.

Reference

  1. europa – https://ec.europa.eu/eurostat/statistics-explained/index.php/Archive:Post_and_courier_sector_statistics_-_NACE_Rev._1.1
  2. europa – https://ec.europa.eu/eurostat/statistics-explained/index.php/Archive:Postal_and_courier_services_statistics_-_NACE_Rev._2
  3. bls – https://www.bls.gov/oes/current/oes435021.htm
  4. elluminatiinc – https://www.elluminatiinc.com/courier-delivery-statistics/
  5. ibisworld – https://www.ibisworld.com/denmark/industry-statistics/postal-courier-activities/3336/
  6. ibisworld – https://www.ibisworld.com/global/market-size/global-courier-delivery-services/
  7. parcelpending – https://www.parcelpending.com/blog/package-delivery-statistics/
  8. upperinc – https://www.upperinc.com/blog/courier-delivery-business-statistics-trends/
  9. zippia – https://www.zippia.com/courier-jobs/demographics/
  10. zippia – https://www.zippia.com/medical-courier-jobs/demographics/

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