Parcel Sorting System Market Size and Share Analysis 2024: Business Growth, Emerging Trends, and Regional Forecast to 2032
The “Parcel Sorting System Market” Research Report serves as a comprehensive guide, providing crucial insights into industry Top players [Vanderlande, Honeywell, Siemens, BEUMER, Interroll, Fives] with industry’s current and future trajectories. It emphasizes market size, growth, and emerging trends, offering valuable perspectives on regional development. The report incorporates SWOT and PESTLE analyses, enabling businesses to make informed decisions in a dynamic environment. It also evaluates recent developments and strategic approaches of industry players to maintain a competitive edge.
Furthermore, it provides industry trends, cost structures, revenue, and productivity projections, equipping stakeholders with essential information to gain a competitive advantage through a comprehensive market analysis.
Browse Detailed TOC, Tables and Figures with Charts which is spread across 110 Pages that provides exclusive data, information, vital statistics, trends, and competitive landscape details in this niche sector.
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The global Parcel Sorting System market size was valued at USD 1467.4 million in 2023 and is forecast to a readjusted size of USD 3414.7 million by 2030 with a CAGR of 12.8% during review period.
Parcel sortation automation involves the use of technology for package processing, taking care of many of the tasks that would be time-consuming and repetitive to do by hand.
The asia-pacific region was the largest market owner of parcel sorting systems in 2018, with a market share of 42%, followed by Europe and North America, with market shares of 26% and 23%, respectively.In terms of application, it has the largest revenue in the logistics industry in recent years, ranked 2nd and 3rd in e-commerce and airport respectively, and its market share in 2018 is 31%, 27% and 19% respectively. Due to different strategies, the market share gap keeps widening.Over the next seven years, we expect global revenue to grow at a compound annual rate of 13%.At present, the quantity of goods of e-commerce has been increasing exponentially. The general management mode has been unable to correctly manage e-commerce warehouses, and the working speed of workers is far from keeping up with the market demand.The emergence of automatic sorting system is very clever to help e-commerce solve this big problem.The biggest advantage of the automatic sorting system is the automatic operation mode. Different from manual work, the automatic sorting system is more accurate and efficient, and its automatic operation mode can operate 24 hours a day.In the future, e-commerce industry will have a large number of demand for automatic sorting system, and the development prospect of automatic sorting system will be better and better.In this report, there are two types of parcel sorting system: horizontal cross belt sorting machine and vertical cross belt sorting machine.Horizontal cross-belt sorters are the main type of parcel sorting system, accounting for 68% of the global market share in 2018.The technology of parcel sorting system has been relatively mature, new enterprises cannot surpass the reputation and design of existing famous brands in a short time, and the technical and capital barriers in this industry are relatively high.The team therefore recommends that new entrants be carefully considered before entering the field.With the continuous development of science and technology, parcel sorting system will present the following characteristics in the future.Greatly reduce labor intensity, improve efficiency;Accurate sorting, few errors;Easy to assemble, with the characteristics of flexible layout, convenient maintenance, low cost advantages.With the implementation of the “area” initiative, the international competition, the development of logistics industry in China faces enormous challenges, in order to cope with the challenges, the domestic relevant departments and enterprises are also actively, using high technology content of facilities of logistics operations, will need more than two months of original international logistics distribution shortened from a week.But with the development of logistics industry in our country, the industry and consumers for the logistics service level and quality requirements also more and more high, this requires the sorting link of the logistics industry is more and more high quality, at the same time for sorting device selection requirement also gradually improve, from the original only look at to consider sorting equipment system efficiency, safety, environmental protection, maintenance and operation factors such as noise, power consumption, the application scope of automatic sorting system will be more and more widely.
The Researcher report includes an overview of the development of the Parcel Sorting System industry chain, the market status and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hot applications and market trends of Parcel Sorting System.
Regionally, the report analyzes the Parcel Sorting System markets in key regions. North America and Europe are experiencing steady growth, driven by government initiatives and increasing consumer awareness. Asia-Pacific, particularly China, leads the global Parcel Sorting System market, with robust domestic demand, supportive policies, and a strong manufacturing base.
Major Players Covered in this Report:
- Vanderlande
- Honeywell
- Siemens
- BEUMER
- Interroll
- Fives
- Dematic
- Bastian Solutions,
- Murata machinery
- Okura Nikko Hotels
- Invata Intralogistics
- GIEICOM
- OMH
- Better Convey
Key Features:
The report presents comprehensive understanding of the Parcel Sorting System market. It provides a holistic view of the industry, as well as detailed insights into individual components and stakeholders. The report analysis market dynamics, trends, challenges, and opportunities within the Parcel Sorting System industry.
Market Segmentation:
Parcel Sorting System market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market Segment by Type:
- Horizontal Cross – band Sorting Machine
- Vertical Sross – band Sorting Machine
Market segment by Application:
- Logistics
- Electronic Commerce
- Airport
- Medical
- Food & beverage
- Other
Parcel Sorting System industry share including production data, market challenges, sales profit, upstream raw materials sourcing, downstream buyers, consumption, import, export, trade data, price, gross margin, analysis and forecast etc.
Global Parcel Sorting System Market, by Regions:
- North America (United States, Canada and Mexico)
- Europe (Germany, France, UK, Russia and Italy)
- Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
- South America (Brazil, Argentina, Colombia etc.)
- Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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The report involves analyzing the market at a macro level:
Market Sizing and Segmentation: Report collect data on the overall market size, including the sales quantity (K MT), revenue generated, and market share of different by Type
Industry Analysis: Report analyse the broader industry trends, such as government policies and regulations, technological advancements, consumer preferences, and market dynamics. This analysis helps in understanding the key drivers and challenges influencing the Parcel Sorting System market.
Regional Analysis: The report involves examining the Parcel Sorting System market at a regional or national level. Report analyses regional factors such as government incentives, infrastructure development, economic conditions, and consumer behaviour to identify variations and opportunities within different markets.
Market Projections: Report covers the gathered data and analysis to make future projections and forecasts for the Parcel Sorting System market. This may include estimating market growth rates, predicting market demand, and identifying emerging trends
The report also involves a more granular approach to Parcel Sorting System:
Company Analysis: Report covers individual Parcel Sorting System manufacturers, suppliers, and other relevant industry players. This analysis includes studying their financial performance, market positioning, product portfolios, partnerships, and strategies.
Consumer Analysis: Report covers data on consumer behaviour, preferences, and attitudes towards Parcel Sorting System This may involve surveys, interviews, and analysis of consumer reviews and feedback from different by Application (Desulfurization, Denitrification and Mercury Removal, Air Purification).
Technology Analysis: Report covers specific technologies relevant to Parcel Sorting System. It assesses the current state, advancements, and potential future developments in Parcel Sorting System areas.
The Primary Objectives in This Report Are:
- To determine the size of the total market opportunity of global and key countries
- To assess the growth potential for Parcel Sorting System
- To forecast future growth in each product and end-use market
- To assess competitive factors affecting the marketplace
- This report profiles key players in the global Parcel Sorting System market based on the following parameters – company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments.
- This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, COVID-19 and Russia-Ukraine War Influence.
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The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Parcel Sorting System product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Parcel Sorting System, with price, sales, revenue and global market share of Parcel Sorting System from 2019 to 2024.
Chapter 3, the Parcel Sorting System competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Parcel Sorting System breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2019 to 2030.
Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2019 to 2030.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2023.and Parcel Sorting System market forecast, by regions, type and application, with sales and revenue, from 2024 to 2029.
Chapter 12, market dynamics, drivers, restraints, trends, Porters Five Forces analysis, and Influence of COVID-19 and Russia-Ukraine War.
Chapter 13, the key raw materials and key suppliers, and industry chain of Parcel Sorting System.
Chapter 14 and 15, to describe Parcel Sorting System sales channel, distributors, customers, research findings and conclusion.
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Detailed TOC of Global Parcel Sorting System Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030
1 Market Overview
1.1 Product Overview and Scope of Parcel Sorting System
1.2 Market Estimation Caveats and Base Year
1.3 Market Analysis by Type
1.4 Market Analysis by Application
1.5 Global Parcel Sorting System Market Size & Forecast
2 Manufacturers Profiles
3 Competitive Environment: Parcel Sorting System by Manufacturer
3.1 Global Parcel Sorting System Sales Quantity by Manufacturer (2019-2024)
3.2 Global Parcel Sorting System Revenue by Manufacturer (2019-2024)
3.3 Global Parcel Sorting System Average Price by Manufacturer (2019-2024)
3.4 Market Share Analysis (2023)
3.5 Parcel Sorting System Market: Overall Company Footprint Analysis
3.6 New Market Entrants and Barriers to Market Entry
3.7 Mergers, Acquisition, Agreements, and Collaborations
4 Consumption Analysis by Region
4.1 Global Parcel Sorting System Market Size by Region
4.2 North America Parcel Sorting System Consumption Value (2019-2030)
4.3 Europe Parcel Sorting System Consumption Value (2019-2030)
4.4 Asia-Pacific Parcel Sorting System Consumption Value (2019-2030)
4.5 South America Parcel Sorting System Consumption Value (2019-2030)
4.6 Middle East and Africa Parcel Sorting System Consumption Value (2019-2030)
5 Market Segment by Type
5.1 Global Parcel Sorting System Sales Quantity by Type (2019-2030)
5.2 Global Parcel Sorting System Consumption Value by Type (2019-2030)
5.3 Global Parcel Sorting System Average Price by Type (2019-2030)
6 Market Segment by Application
6.1 Global Parcel Sorting System Sales Quantity by Application (2019-2030)
6.2 Global Parcel Sorting System Consumption Value by Application (2019-2030)
6.3 Global Parcel Sorting System Average Price by Application (2019-2030)
7 North America
8 Europe
9 Asia-Pacific
10 South America
11 Middle East & Africa
12 Market Dynamics
12.1 Parcel Sorting System Market Drivers
12.2 Parcel Sorting System Market Restraints
12.3 Parcel Sorting System Trends Analysis
12.4 Porters Five Forces Analysis
12.5 Influence of COVID-19 and Russia-Ukraine War
13 Raw Material and Industry Chain
13.1 Raw Material of Parcel Sorting System and Key Manufacturers
13.2 Manufacturing Costs Percentage of Parcel Sorting System
13.3 Parcel Sorting System Production Process
13.4 Parcel Sorting System Industrial Chain
14 Shipments by Distribution Channel
14.1 Sales Channel
14.2 Parcel Sorting System Typical Distributors
14.3 Parcel Sorting System Typical Customers
15 Research Findings and Conclusion
16 Appendix
16.1 Methodology
16.2 Research Process and Data Source
16.3 Disclaimer
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