On average, each person around the globe generated 34 parcels during 2020. Looking ahead, the Index estimates parcel volume could reach 232 billion, or as high as 303 billion, by 2026. Pitney Bowes projects the most likely outcome is that parcel volume will double in the next five years to reach 266 billion in 2026, with an 11% compound annual growth rate (CAGR) from 2021-26.