Global express and small parcels market grew by 12.2% in 2021, reaching it’s highest market value since 2010. Will this growth continue in 2022?
The express and small parcels market continued to witness double-digit growth in 2021, but growth is slowing from 2020 levels. Ti’s latest logistics market forecasts project the market will grow 9% in 2022, reaching a value of €503,534m.
With ongoing macroeconomic trends such as inflation, Ukraine-Russia war, high energy prices and supply chain disruptions likely to persist, 2026 forecasts are also pessimistic. Ti predicts the market will grow at a CAGR of 7% over the next 5 years to 2026.
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