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Mar 16, 2006 (newstodate): Express and delivery markets across the 10 new EU countries are poised for double-digit growth rates over the coming five years, spearheaded by Central and Eastern Europe.
According to a new report by independent market analyst, Datamonitor, the express delivery market in this region will be a EURO2.7 billion business by 2010.
However, the report stresses early entry into these countries is paramount. Already, the four integrators are present in the region and other large pan-European players, namely GLS and GeoPost, are making moves.
Datamonitor's analysis of the central and eastern European region reveals that Poland, the biggest economy in Eastern Europe, represents the largest share of the Eastern European express and parcels market in value terms.
The Czech Republic and Hungary are the second and third largest markets respectively.
According to the report, the major players in Poland's express and parcels market control nearly 80 percent of the market. With an estimated 31 percent share, the largest player is DHL Express Polska, formed by the consolidation of DHL and local Servisco businesses.
The second largest player in Poland is Stolica, although still quite a long way behind DHL. However, the company was acquired by UPS at the beginning of 2005 and the new company will compete with DHL in most market segments. The estimated market share of the new UPS/Stolica would be 18.6 percent.
Other leading parcel carriers in the country include TNT, Masterlink, which from 2004 is wholly own by French GeoPost, GLS Poland and local company Siodemka.
According to a new report by independent market analyst, Datamonitor, the express delivery market in this region will be a EURO2.7 billion business by 2010.
However, the report stresses early entry into these countries is paramount. Already, the four integrators are present in the region and other large pan-European players, namely GLS and GeoPost, are making moves.
Datamonitor's analysis of the central and eastern European region reveals that Poland, the biggest economy in Eastern Europe, represents the largest share of the Eastern European express and parcels market in value terms.
The Czech Republic and Hungary are the second and third largest markets respectively.
According to the report, the major players in Poland's express and parcels market control nearly 80 percent of the market. With an estimated 31 percent share, the largest player is DHL Express Polska, formed by the consolidation of DHL and local Servisco businesses.
The second largest player in Poland is Stolica, although still quite a long way behind DHL. However, the company was acquired by UPS at the beginning of 2005 and the new company will compete with DHL in most market segments. The estimated market share of the new UPS/Stolica would be 18.6 percent.
Other leading parcel carriers in the country include TNT, Masterlink, which from 2004 is wholly own by French GeoPost, GLS Poland and local company Siodemka.