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The German parcel market has seen a decline in deliveries for the first time since 2013. According to research by Pitney Bowes, an international postal services provider, parcel shipments in this country fell nearly 7 percent year-on-year to 4.2 billion. This is partly due to normalization after the surge during the corona pandemic.
Industry leader DHL, a subsidiary of Deutsche Post, lost nearly 9 percent of its market share. Other companies such as Hermes, GLS, UPS and DPD also saw slight declines. In U.S. dollar terms, the overall German parcel market shrank 12.9 percent to $25 billion.
This development is attributed to weak consumer sentiment in Germany and a decline in online sales. Year-on-year, online sales fell 12.2 percent to 19.17 billion euros in Q2 2023.
In contrast, the global parcel market nevertheless saw growth of 1 percent to 161 billion shipments, with India standing out with an 18 percent increase. DHL has benefited from this boom in India after it acquired Blue Dart, an Indian delivery company, in 2006.