From 2013 to 2023, the output of postal and courier services in Australia showed an overall increasing trend, with fluctuations. The value started at 11.99 billion Australian dollars in 2013 and reached 21.6 billion Australian dollars in 2023. Significant year-on-year variations were observed, including a 12.14% increase in 2015 and a notable 29.46% jump in 2020, likely driven by heightened e-commerce activities. The period saw an average annual growth rate of 6.2% over the last five years.
Looking forward, the market is projected to continue its upward trajectory, with an average annual growth rate forecasted at 3.49% over the next five years. By 2028, the output is anticipated to reach 26.98 billion Australian dollars, representing an 18.71% overall increase from 2023 values.
Trends to watch for include the ongoing impact of digital transformation, potential disruptions from technological advancements such as drones and AI, and changes in regulatory environments that could affect service delivery and market dynamics.