300% annual growth, Instabox launches in Germany

Instabox is a Swedish company that provides same-day delivery through its network of lockers. Currently active in Sweden, Denmark, Norway, and the Netherlands, the launch in Germany is the latest expansion in Europe .

Instabox is known for its automated parcel lockers and green door-to-door delivery services . A company representative said the launch in Germany is an important step for Instabox , and the combination of environmental awareness and an easy and fast customer experience is new in the parcel delivery market.

“Germany is a great fit for us, both culturally and geographically. Germans share our passion for sustainability and our service in Germany will be 100% fossil-free, which is unique in the market. The e-commerce industry is growing steadily, but when it comes to delivery options, customers have been met with long waiting times and daytime home delivery services offered by traditional players.”

According to Instabox, the company has been growing at a rate of 300% year-on-year , with revenues growing to €24 million between 2019 and 2020.

The company plans to launch in Germany in early 2022. It is expected to initially operate in the Berlin area, Hamburg and North Rhine -Westphalia , with the first terminals to be launched in Berlin and Düsseldorf, but Instabox plans to increase its expansion in Germany , hoping to quickly open more terminals during 2022 to ensure wider geographical coverage.

Instabox has already signed several contracts with leading German online retailers, and believes its services will be popular with merchants, location partners and consumers.

In the Dutch market, Instabox has become a strong player in the industry after acquiring Red Je Pakketje. It will place 3,000 automated parcel lockers in the next two years. It is also active in Sweden, Denmark and Norway, and claims to serve millions of customers in these markets.

In addition, Instabox has signed contracts with some well-known e-commerce partners such as Amazon, H&M, IKEA, De Bijenkorf, etc.

With the overall prosperity of the e-commerce market, Instabox has also seen significant growth, and its subsequent development is worth looking forward to.

Europe

Germany

Instabox