The Gross Value Added (GVA) for Postal and Courier Services in the US has shown a strong growth trajectory from 2013 to 2023. Reaching $153.46 billion in 2023, the sector experienced a particularly notable surge from 2020 onwards. Key year-on-year variations reveal significant jumps of 14.19% in 2020, 12.95% in 2021, 10.33% in 2022, and 9.44% in 2023. The CAGR over the past five years stands at an impressive 10.15%, reflecting consistent expansion.
Looking ahead, the sector is forecasted to maintain robust growth, with GVA projected to climb to $217.67 billion by 2028. The forecasted five-year CAGR is estimated at 5.5%, with a cumulative 30.68% growth over this period.
Future trends to watch for include:
- The increasing integration of advanced technologies, such as AI and drones, to enhance delivery efficiency. - Expansion of e-commerce driving higher demand for postal and courier services. - Potential regulatory changes impacting the operational landscape of the sector. - Shift towards sustainability and green logistics as environmental concerns gain prominence.
