Amid a slowdown in inflation, actors in the market expect consumer spending to rebound towards the end of the year, a time that contributes most of their annual revenue.
“Amid a decline inflation, we expect Romanian consumers’ spending appetite to return, which is why we estimate a 10% to 15% increase in deliveries compared with last year’s Black Friday and a 25% increase on the rest of the year,” says Cornel Morcov, chief commercial officer of FAN Courier.
“We expect a spectacular rebound in consumer spending for the end of the year, especially since there are two months of Black Friday and holiday sales, when the shopping volume traditionally increases.”
To prepare for the increase, FAN Courier has expanded its locker network this year, will add more vehicles and boost capacity of its warehouses.
Another courier company to have prepared is Cargus, which added more employees, as well. It also invested in renovating and relocating six of its warehouses to a larger space to be able to handle increased volumes.
“We estimate about 40% growth in November-December compared with a regular period. Compared with the same time last year, we estimate 10% growth in volume for the entire peak season. Most of this growth is driven by the local e-commerce segment, but we also expect nice performance for cross-border inbound and outbound deliveries,” says Oana Mandicescu, chief sales officer of Cargus.
(English version by Loredana Fratila-Cristescu)