In 2024, the parcel delivery sector in Spain is projected to reach a record 1.216 billion shipments, marking a 20% increase from the previous year. This surge contrasts sharply with the significant decline in letter shipments, which have dropped by 64% over the last ten years, totaling 1.260 billion shipments in 2024.

The shift in market dynamics is expected to impact businesses in both the parcel and traditional mail sectors. Competition law advisors are urged to monitor potential anti-competitive behaviors among delivery companies as the rise in parcel services may attract increased regulatory scrutiny. The decline in letter services also raises questions about how businesses will adapt to changing consumer preferences and maintain fair competition.

The CNMC's 2024 Annual Postal Sector Report highlights the growing preference for online shopping, with 80% of Spaniards utilizing parcel services for their purchases. The report indicates that the number of postal operators has increased by 39% to 4,341, primarily focusing on last-mile delivery, which suggests heightened competition in the market.

Correos, the dominant player in the traditional postal market, holds an 83.8% share of mail deliveries but has seen its market share in parcel delivery decrease to 17.5%. This decline, coupled with the rise of independent operators, indicates a rapidly evolving market landscape that competition law advisors should closely monitor.

Furthermore, the report reveals that e-commerce platforms are increasingly relying on large operators for parcel deliveries, raising concerns about market concentration and the competitive landscape for smaller delivery services. The trends suggest that businesses must adapt their strategies to meet consumer demands for convenience, such as automated lockers and collection points, while ensuring compliance with competition laws to avoid penalties.