Across markets, postal companies experienced a shift toward mail/parcel parity.
Mail-to-parcel ratio
¹
Second values are 2022 values.
Source: Company annual reports; investor presentations; postal regulators’ reporting; McKinsey analysis
McKinsey & Company
2019
2023
30:1
10:1
1:1
20:1
China¹
Norway
Japan¹
Finland
US
Netherlands
Austria
Germany
Ireland
UK
Belgium
Italy
Switzerland
Canada
Portugal
Belgium
US