InPost sees 71% volume growth in 2021

InPost has provided a 2021 full operational update, revealing that the company has seen 71% year-on-year growth and 180 million parcels were delivered in Q4.

“In 2021 we continued to widen our leadership in the Polish market while we accelerated our efforts to bring the convenience and economic efficiencies of the automated out-of-home delivery experience to European consumers and merchants,” InPost founder and chief executive officer Rafal Brzoska said. 

“Moreover, the underlying trends we are monitoring leave us even more confident about the benefits of our differentiated offering and the longer-term opportunity to become Europe’s most sustainable and efficient last mile delivery solution.

“Consistent with our prior outlook, we delivered 180 million parcels in Q4, up 71% year-on-year on a reported basis, with record volumes across all our markets. We also continued to make excellent progress in key strategic initiatives that will support our longer-term growth.”

READ MORE: InPost to install parcel lockers in Westfield Shopping Centres

The parcel locker company has also accelerated its network expansion across Poland, ending the year with more than 16,400 APMs and 2.4 million lockers, bringing more than 56% of consumers within a seven minute walk of an InPost APM, vs 50% at the end of 2020. 

The news comes as InPost recently achieved the milestone of deploying over 3,000 locker units in the UK. The company has seen growing demand for its services, with 250% year-on-year volume growth in Q4 and partnerships with over 150 leading brands in the UK.

In addition, InPost has signed landlord contracts with Tesco, WHSmith and Lidl. The number of potential customers within five minutes of a locker has also risen from two million to almost seven million in the last year.

Brzoska added: “Despite ongoing macro and COVID-related uncertainty across the globe, we remain fully focused on executing our pan-European growth strategy. Supported by strengthening secular consumer tailwinds in areas such as sustainability, convenience and efficiency, we look forward to 2022 with confidence and clarity on our mission to transform the last mile delivery experience.”

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