At what rate last maile industry is growing

The mail industry, also known as the postal industry, has been experiencing a decline in recent years due to the rise of digital communication and e-commerce. However, there are some areas where the industry is still growing, albeit at a slower rate than in the past.

Here are some statistics that provide an overview of the growth rate of the mail industry:

  1. Global postal market: The global postal market has been declining at a compound annual growth rate (CAGR) of around 2-3% over the past few years, according to a report by the International Postal Corporation (IPC).
  2. US Postal Service: The United States Postal Service (USPS) has been experiencing a decline in mail volume, with a CAGR of around -3% to -4% over the past few years. However, the USPS has been growing its package delivery business, with a CAGR of around 10% to 15% over the same period.
  3. E-commerce growth: The growth of e-commerce has been driving demand for package delivery services, with a CAGR of around 15% to 20% over the past few years. This has been a major factor in the growth of the USPS's package delivery business.
  4. Digital mail: The use of digital mail, such as electronic bills and statements, has been growing, with a CAGR of around 10% to 15% over the past few years. This has been reducing the volume of physical mail, but it has also created new opportunities for the industry.
  5. Specialized services: The mail industry is also growing in specialized services such as logistics, supply chain management, and e-commerce fulfillment. These services are becoming increasingly important as companies look for ways to streamline their operations and improve their customer experience.

Overall, while the mail industry is still declining in some areas, there are opportunities for growth in specialized services and e-commerce fulfillment.