The Global Postal Services Market Report by The Business Research Company covers postal services market drivers and restraints, postal services market size, major players, and the impact of COVID-19 on the postal services market.

The postal services market consists of sales of postal services and related goods by entities (organizations, sole traders and partnerships) that provide postal services. This industry includes establishments involved in providing mail services under a universal service obligation. Mail services include the carriage of letters, printed matter, or mailable packages, including acceptance, collection, processing, and delivery. Postal services establishments often provide parcel and express delivery services in addition to the mail services. Only goods and services traded between entities or sold to end consumers are included.

The global postal services market is expected to recover from COVID-19 crisis and grow from $193,249.8 million in 2020 to $200,766.9 million in 2023 at a compound annual growth rate (CAGR) of 1.60%. The market is expected to reach $205,724.9 million in 2025 at a CAGR of 1.2%, and $214,654.3 million in 2030 at a CAGR of 0.9%.

Postal operators have started adopting data analytics to explore new ways to increase mail volumes, retain their existing customers and also attract new customers. With the existing database of customers, the operators are applying analytics to gain deep insights on customer needs and drive value. For instance, the United States Postal Service (USPS) is applying predictive analytics to analyze customer behavior and identify customers that use less mail services. Retention campaigns are being used to address the customers that are using less mail services and these campaigns have been successful in stemming volume decline.

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Some postal services market trends include increasingly launching mobile applications that provide additional services to customers. These mobile applications allow users to find a postal code, calculate the shipping cost, manage parcel pickup, give product information, locate a post office or postal drop off box, track the delivery status of a product, order picture postage with your photo and even play interactive stamp games. Moreover, using drones for delivery of mails and parcels is a driving factor in this sector as drone can provide contact less delivery which is likely to attract customers in the current COVID-19 pandemic and is likely to be adopted in the future.

Global postal services market segments include:

1) By Type: Express Postal Services, Standard Postal Services

2) By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.

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The Postal Services Opportunities And Strategies: Forecast To 2030 is one of a series of new reports from The Business Research Company that provides postal services market overviews, analyzes and forecasts market size, share, postal services market players, postal services market segments and geographies, market’s leading competitors’ revenues, profiles and market shares.

The postal services identify top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.

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Read Postal Services Opportunities And Strategies: Forecast To 2030 from The Business Research Company for information on the following:

Data Segmentations: Market Size, Global, By Region And By Country; Historic And Forecast Size, And Growth Rates For The World, 7 Regions And 12 Countries

Market Players Covered: United States Postal Service, Deutsche Post DHL Group, Le Groupe La Poste. Royal Mail Group Limited, Japan Post Holdings Co., Ltd

Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.

Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Time Series: Five years historic (2015-20) and ten years forecast (2021-2025-2030)

Other Information And Analyses: SWOT analysis, customer information, market product/service analysis – product examples, trends and opportunities, drivers and restraints, key mergers and acquisitions, suggested trend based strategies, impact of COVID-19 on the market, future outlook and potential analysis, key metrics covered: number of enterprises, number of employees, global market in 2021 – countries offering most new opportunities, conclusions and recommendations by expert analysts.

Sourcing and Referencing: Data and analysis throughout the report are sourced using end notes.

Strategies For Participants In The Postal Services Industry: The report explains a number of strategies for companies in the market, based on industry trends and company analysis.

Opportunities For Companies In The Postal Services Sector: The report reveals where the global industry will put on most $ sales up to 2023.

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