Courier drivers and businesses will be interested to read that according to the Pitney Bowes Parcel Shipping Index 2021 the number of parcels delivered around the world is expected to almost double between 2021 and 2026. This sounds like good news for those operating within this important sector and may encourage more people to join the courier sector.

In 2020 there were around 131 billion parcels delivered worldwide and in the next 5 years this is forecast to increase to around 266 billion parcels. In 2019 there were 103 billion parcels delivered. In 2020 there were 4,160 parcels delivered every second, 360 million parcels delivered each day and an average of 34 parcels were delivered to each person.

In the UK there were around 5 billion parcels delivered in 2020 compared to 3.8 billion in 2019. That equates to 160 parcels delivered per second, 14 million parcels delivered per day and an average of 74 parcels delivered to every person.

As you can see from the above figures, there has been a huge increase in the volume of parcels delivered between 2019 and 2020. The forecast for the next few years looks promising so now may be an ideal time to set up a courier service business. Obviously you will need to do your own due diligence in your locality to explore the viability of such a venture. There are so many things that you will need to consider so you may want to get some professional advice from the likes of an accountant who has clients in the courier sector.

If you do decide to set up as a courier, one of the things that you will need to sort out is courier insurance, In this respect, you will be pleased to read that we provide access to an extensive panel of specialist insurers who offer cover for a competitive premium. So, why not get in touch with us to discuss your requirements.