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Postal & Courier Activities in Lithuania - Market Size, Industry Analysis, Trends and Forecasts (2024-2029)

LT-H53 March 2024 Factsheet

Revenue

€275.3m

2019-2024 2.4 %
2024-2029 X.X %

Employees

12,487

2019-2024 16.7 %
2024-2029 X.X %

Businesses

6,121

2019-2024 23.1 %
2024-2029 X.X %

Wages

€XX.Xm

2019-2024 X.X %
2024-2029 X.X %

Postal & Courier Activities in Lithuania market size outlook

Total value and annual change from from 2014-2029. Includes 5-year outlook.

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About Factsheets

Industry Statistics and Rankings

How does this industry perform in Lithuania compared to Europe?

Country Benchmarking

Industry Data Lithuania

Ranking are out of 37 European countries for which IBISWorld provides country-level factsheets.

Revenue
#28 In Europe
Business
#6 In Europe
Employees
#26 In Europe
Wages
#29 In Europe

The Postal & Courier Activities in Lithuania ranks 28 in Europe with regards to its 2024 revenue (€275.3m). Revenue received by operators in Lithuania has been low in volatility over the past five-year period, with the average annual change in revenue (2.4 %) most comparable to...

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Enterprises
Number of businesses in 2024

Revenue per Enterprise
Value (€ Million) in 2024

Top Questions Answered in this Report

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What is the market size of the Postal & Courier Activities industry in Lithuania in 2024?

The market size of the Postal & Courier Activities industry in Lithuania is €275.3m in 2024. 

How many businesses are there in the Postal & Courier Activities in Lithuania industry in 2024?

There are 6,121 businesses in the Postal & Courier Activities industry in Lithuania, which has grown at a CAGR of 23.1 % between 2019 and 2024.

Has the Postal & Courier Activities industry in Lithuania grown or declined over the past 5 years?

The market size of the Postal & Courier Activities industry in Lithuania has been growing at a CAGR of 23.1 % between 2019 and 2024. 

What is the forecast growth of the Postal & Courier Activities industry in Lithuania over the next 5 years?

Over the next five years, the Postal & Courier Activities industry in Lithuania is expected to grow.

What are the biggest companies in the Postal & Courier Activities market in Lithuania?

The biggest companies operating in the Postal & Courier Activities market in Lithuania are Deutsche Post AG, La Poste SA and Royal Mail Group Ltd

What does the Postal & Courier Activities in Lithuania include?

Parcel services and Domestic letter services are part of the Postal & Courier Activities industry.

Which companies have the highest market share in the Postal & Courier Activities in Lithuania?

The company holding the most market share in Lithuania is Deutsche Post AG.

How competitive is the Postal & Courier Activities industry in Lithuania?

The level of competition is moderate and steady in the Postal & Courier Activities industry in Lithuania.

Related Industries

This industry is covered in 37 countries

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Table of Contents

About this industry

Industry definition

This industry includes postal and courier activities, such as picking up, transporting and delivering letters and parcels under various arrangements. Local delivery and messenger services are also included.

What's included in this industry?

Parcel servicesDomestic letter servicesInternational letter servicesOther

Industry Code

ISIC 2006

53 - Postal and courier activities in Lithuania

Performance

Revenue Highlights

Trends
  • Revenue
  • 2024 Revenue CAGR
  • Revenue Volatility

Employment Highlights

Trends
  • Employees
  • Employees per Business
  • Revenue per Employee

Business Highlights

Trends
  • Businesses
  • Employees per Business
  • Revenue per Business

Current Performance

Charts
  • Revenue in the Postal & Courier Activities in Lithuania
  • Employees in the Postal & Courier Activities in Lithuania
  • Business in the Postal & Courier Activities in Lithuania
  • Profit in the Postal & Courier Activities in Lithuania

Current Performance

Analysis

How does this country's performance compare to Europe?


Life Cycle

Charts
  • Industry Life Cycle Matrix

Products and Markets

Highlights

Trends
  • Largest Market
  • Product Innovation

International Trade

Heat maps
  • Industry Concentration of Imports by Country
  • Industry Concentration of Exports by Country

Competitive Forces

Highlights

Trends
  • Concentration
  • Competition
  • Barriers to Entry
  • Substitutes
  • Buyer Power
  • Supplier Power
ANALYSIS

What is the competitive landscape in Europe?

External Environment

Highlights

Trends
  • Regulation & Policy
  • Assistance

Key Takeaways

High barriers to entry hinder new entrants. The European postal and courier services industry features high barriers to entry, including substantial capital requirements and established networks, limiting the entry of new competitors.

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External Drivers

Analysis

What demographic and macroeconomic factors impact the Postal & Courier Activities in Lithuania industry?

Financial Benchmarks

Highlights

Trends
  • Profit Margin
  • Average Wage
  • Largest Cost

Key Takeaways

Intense competition squeezes profit. The postal and courier services industry faces falling profits in Europe due to intense competition, prompting aggressive pricing strategies and reduced profit margins.

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Cost Structure

Charts
  • Share of Economy vs. Investment Matrix
  • Industry Cost Structure Benchmarks:
    • Marketing
    • Depreciation
    • Profit
    • Purchases
    • Wages
    • Rent
    • Utilities
    • Other
Analysis

What trends impact cost in the Postal & Courier Activities in Lithuania industry?


Key Ratios

Data tables
  • IVA/Revenue (2014-2029)
  • Imports/Demand (2014-2029)
  • Exports/Revenue (2014-2029)
  • Revenue per Employee (2014-2029)
  • Wages/Revenue (2014-2029)
  • Employees per Establishment (2014-2029)
  • Average Wage (2014-2029)

Country Benchmarks

European Leaders & Laggards

Data Tables

Top and boottom five countries listed for each:

  • Revenue Growth (2024)
  • Business Growth (2024)
  • Job Growth (2024)

European Country Performance

Data Tables

Rankings available for 37 countries. Statistics ranked include:

  • IVA/Revenue (2024)
  • Imports/Demand (2024)
  • Exports/Revenue (2024)
  • Revenue per Employee (2024)
  • Wages/Revenue (2024)
  • Employees per Establishment (2024)
  • Average Wage (2024)

Structural Comparison

Data Tables

Trends in 37 countries benchmarked against trends in Europe

  • Concentration
  • Competition
  • Barriers to Entry
  • Buyer Power
  • Supplier Power
  • Volatility
  • Capital Intensity
  • Innovation
  • Life Cycle

Key Statistics

Industry Data

Data Tables

Including values and annual change:

  • Revenue (2014-2029)
  • IVA (2014-2029)
  • Establishments (2014-2029)
  • Enterprises (2014-2029)
  • Employment (2014-2029)
  • Exports (2014-2029)
  • Imports (2014-2029)
  • Wages (2014-2029)

Methodology

Where does IBISWorld source its data?

IBISWorld is a world-leading provider of business information, with reports on 5,000+ industries in Australia, New Zealand, North America, Europe and China. Our expert industry analysts start with official, verified and publicly available sources of data to build an accurate picture of each industry.

Each industry report incorporates data and research from government databases, industry-specific sources, industry contacts, and IBISWorld's proprietary database of statistics and analysis to provide balanced, independent and accurate insights. 

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