Between 2018 and 2023, the compound annual growth rate (CAGR) of shipping volume generated by the IT industry is expected to be around 7.5 percent worldwide. In 2018, the global parcel shipping volume amounted to approximately 87 billion parcels shipped.
Projected compound annual growth rate of parcel shipping volumes in selected industries worldwide from 2018 to 2023*
Characteristic
Compound annual growth rate (CAGR)
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* Parcels that were shipped from business-to-business, business-to-consumer, consumer-to-business and consumer consigned shipments with a weight up to 31.5 kg (70 pounds) across 13 countries were measured.
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Business Wire. (October 8, 2019). Projected compound annual growth rate of parcel shipping volumes in selected industries worldwide from 2018 to 2023* [Graph]. In Statista. Retrieved July 22, 2024, from https://www.statista.com/statistics/1140084/parcel-shipping-cagr-worldwide/
Business Wire. "Projected compound annual growth rate of parcel shipping volumes in selected industries worldwide from 2018 to 2023*." Chart. October 8, 2019. Statista. Accessed July 22, 2024. https://www.statista.com/statistics/1140084/parcel-shipping-cagr-worldwide/
Business Wire. (2019). Projected compound annual growth rate of parcel shipping volumes in selected industries worldwide from 2018 to 2023*. Statista. Statista Inc.. Accessed: July 22, 2024. https://www.statista.com/statistics/1140084/parcel-shipping-cagr-worldwide/
Business Wire. "Projected Compound Annual Growth Rate of Parcel Shipping Volumes in Selected Industries Worldwide from 2018 to 2023*." Statista, Statista Inc., 8 Oct 2019, https://www.statista.com/statistics/1140084/parcel-shipping-cagr-worldwide/
Business Wire, Projected compound annual growth rate of parcel shipping volumes in selected industries worldwide from 2018 to 2023* Statista, https://www.statista.com/statistics/1140084/parcel-shipping-cagr-worldwide/ (last visited July 22, 2024)
Projected compound annual growth rate of parcel shipping volumes in selected industries worldwide from 2018 to 2023* [Graph], Business Wire, October 8, 2019. [Online]. Available: https://www.statista.com/statistics/1140084/parcel-shipping-cagr-worldwide/