Europe's highly competitive express and parcel delivery business is set for a spurt in growth, which could ignite an even tougher dogfight between the main service providers.
The growth will come from a forecast increase in business to consumer traffic within Europe, coupled with a strong demand in international flows in and out of the region, according to new research by independent market analyst, Datamonitor.
Erik van Baaren, author of European Express Market Map 2008, said the battle will be more than getting extra business, now growing at a rate of 4.7 percent in a sector valued at $55bn a year.
Over the next five years the business-to-consumer and consumer-to-consumer sectors will experience faster growth rates within the European market than the business-to-business sector, Van Baaren predicted.
Source: Air Cargo World, http://www.aircargoworld.com
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