![PITNEY BOWES PACKAGE PARCEL BLOOMBERG.jpg PITNEY BOWES PACKAGE PARCEL BLOOMBERG.jpg](https://www.supplychainbrain.com/ext/resources/2024/08/10/PITNEY-BOWES-PACKAGE-PARCEL-BLOOMBERG.jpg?height=100&t=1723435795&width=150)
Visit Our Sponsors |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
The development of consumer markets in Asia, Africa and Latin America are changing distribution channels, Transport Intelligence Ltd. and Kewill, a logistics management software provider, said in a report. They predicted that by 2020, 1.8 billion people will be in a "consuming class," spending $30tr, up from $12tr today.
The shift will require logistics firms to focus on parcel delivery to consumers in developing countries, which has traditionally taken a backseat to exports or the movement of raw materials and parts through global supply chains. Parcel shipments from businesses to consumers will grow nearly 14 percent a year in the next five years in the Asia-Pacific region, outstripping growth in North America and Western Europe, consulting firm Accenture said in a report.
RELATED CONTENT
RELATED VIDEOS
Timely, incisive articles delivered directly to your inbox.