HAKOM: Growing Number of Packages on Postal Services Market
Since the beginning of 2015, the postal services market saw an increase in the number of packages processed, especially in the segment of high-quality services. The number of packages increased by 400,000 since the beginning of the year, while their share in the total postal services market increased by approximately 1%.
Packages now take up about 5% of the total market. This trend is expected, due to the increase of e-commerce. Increasing the number of packages affected the increase in total revenue generated from the provision of postal services; revenues increased by 7%, compared to the previous quarter, and by 5% year-on-year.
The consolidation of the postal services market continued in Q3 2015, which increased Croatian Post’s (HP) market share by 6%, reaching approximately 82% market share.