Amazon thought to be Royal Mail’s biggest competitor in parcel market
This year, Royal Mail has faced fines from Ofcom for consistently failing to hit punctuality targets. Furthermore, the company crashed to a £319million half-year loss, as of this December. Following this news, what company is steadily becoming a bigger player in the postal field, and, as a result, a bigger competitor for Royal Mail?
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00:00 Whilst Royal Mail remains the UK's biggest parcel carrier, Amazon's threat to the company
00:06 is seeming to grow, as the American giant becomes the second largest player in this
00:11 field after just over four years of starting its own operations.
00:15 With Christmas around the corner, internet shopping has evidently triggered an explosion
00:20 in parcel deliveries.
00:21 According to figures reported by the Pitney Bowes Parcel Shipping Index, Amazon continues
00:26 to gain ground in the postal market as their share has increased from 15% in 2020 to 17%
00:32 in 2022.
00:33 Alongside this figure, it's also apparent that whilst Royal Mail's share was as much
00:37 as 34% in 2020, that figure had decreased to 25% in 2022.
00:43 Every's share in 2022 was 12%, whilst DHL and UPS's share stood respectively at 6%.
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