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

☰ Use “CTRL+F” to quickly find statistics. There are total 37 Courier Statistics on this page 🙂

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

Couriers play a vital role in our economy by connecting businesses and consumers, facilitating the flow of goods and services across regions and even countries. They offer convenience and flexibility, enabling businesses to meet the demands of their customers and stay competitive in the market. Whether it’s delivering important documents, high-value items, or perishable goods, couriers provide a reliable and secure means of transportation.

One of the key advantages of using courier services is the speed of delivery. Unlike traditional mail services that may take days or even weeks to deliver a package, couriers can ensure same-day or next-day delivery in most cases. This is especially important for time-sensitive shipments or urgent deliveries that cannot afford to be delayed. Couriers offer tracking services that provide real-time updates on the status and location of the package, giving both the sender and the recipient peace of mind.

Another benefit of using courier services is the personalized attention and care given to each shipment. Couriers take extra measures to ensure the safe handling and delivery of packages, minimizing the risk of damage or loss during transit. Unlike standard mail services, couriers offer door-to-door delivery, eliminating the need for recipients to pick up their packages at a post office or distribution center. This added convenience makes couriers an attractive option for busy individuals and businesses alike.

In addition to speed and security, couriers also offer reliability and flexibility. With scheduled pickup and delivery times, businesses can better plan and manage their logistics, ensuring that their products reach customers on time. Couriers are also equipped to handle a wide range of items, from small documents to large and bulky parcels. This versatility makes them an ideal choice for businesses of all sizes and industries.

While the benefits of using courier services are clear, there are some limitations and challenges to consider. One of the main concerns is the cost of courier services, which can be significantly higher than traditional mail services. Businesses need to weigh the convenience and speed of couriers against the increased expenses to determine if it is a cost-effective solution for their shipping needs.

Overall, courier services are an invaluable asset to our modern economy, providing businesses and consumers with a reliable and efficient means of transporting goods and services. With their speed, security, and flexibility, couriers have become an essential partner for businesses looking to meet the demands of today’s market. While there may be some drawbacks, the benefits of using courier services far outweigh the costs for many businesses and individuals.

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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