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The Smart Parcel Delivery Locker Market is projected to grow from USD 677.6 million in 2022 to USD 1,644.1 million by 2028, at a CAGR of 13.5% from 2022 to 2028.
Smart Parcel Delivery Locker Market Overview
The global Smart Parcel Delivery Locker market has been experiencing significant growth over the years owing to the technological integration of smart locker systems. The Smart Parcel Locker is an automated system that allows businesses to store parcels more easily. They provide users with secure access to stocks and assets from near and far locations by automatically providing details on packages. It also helps retailers reduce last-mile shipping costs and utilize inventory in stores.
The world is going through a crisis unprecedented in human history. Almost a third of the world's population is under lockdown. Staying home and practicing social distancing is the only way to prevent further impact. However, this has resulted in huge demand and a surge in stockpiling of essential commodities such as food and medicine. This has further increased the risk of spreading the virus through person-to-person contact, even when delivering essentials to your home. Personal contact is a major risk factor for coronavirus. Therefore, for businesses to function properly, they ideally need a contactless way to interact with customers, which provides lucrative opportunities for the growth of the Smart Parcel Delivery Locker market.
Contrive Datum Insights has recently published the Smart Parcel Delivery Locker Market to its huge database which helps to shape the future of businesses by making well-informed business decisions. It offers a comprehensive analysis of various business aspects such as global market trends, recent technological advancements, market size, shares, and new innovations. Furthermore, this analytical data has been compiled through data exploratory techniques such as primary and secondary research. Moreover, an expert team of researchers throws light on various static and dynamic aspects of the global Smart Parcel Delivery Locker market.
Some of the key players profiled in the study are:
Different leading key players have been profiled to get better insights into the businesses. It offers detailed elaboration on different top-level industries which are functioning in global regions. It includes informative data such as company overview, contact information, and some significant strategies followed by key players: Quadient (Neopost), Parcel Port, Florence Corporation, TZ Limited, Luxer One, American Locker, Zhilai Tech, Hollman, Cleveron, KEBA, MobiiKey, Shanghai Fuyou, InPost, China Post, Kern, Parcel Pending, Cloud Box, My Parcel Locker, and others.
Industry Development:
What are the major Applications, Types, and Regions for the Smart Parcel Delivery Locker Market?
By Component
By Deployment
By Type
By Application
Smart Parcel Delivery Locker Market Regional Insights:
North America accounted for the largest market share owing to the surge in the number of package deliveries due to the exponential growth of online shopping in the region. Moreover, leading e-commerce companies are implementing cutting-edge technologies to create convenient shopping experiences for customers. According to a 2020 NPR/Marist poll, more than two-thirds of Americans prefer to buy online.
Asia Pacific is expected to witness rapid growth owing to the increasing number of online buyers and government initiatives to develop smart cities. China is expected to lead the way in the coming year's thanks to the presence of top e-commerce companies such as Alibaba, JD.com, and Pinduoduo. However, the use of parcel lockers in India is expected to grow at the highest CAGR owing to the surge in government initiatives to adopt advanced technology for post offices.
Smart parcel lockers represent a vital, national, emerging digital infrastructure of the future, with Germany and the UK set to become the largest parcel locker countries in Europe with multi-million-pound investments. Across Europe, retailers work with a number of logistics companies to deliver goods to lockers. Over a thousand parcel lockers are currently located in France, the UK, Germany, Poland, Italy, and Finland, with a parcel locker density of 8,000 people/parcel in Spain.
Geographically, the global Smart Parcel Delivery Locker market has been analyzed in various regions such as North America, Europe, Asia-Pacific, Latin America, the Middle East, and India. The global region is dominating this market in the upcoming future.
Smart Parcel Delivery Locker Market Report Scope:
Report Attributes |
Details |
Growth Rate |
CAGR of 13.5% from 2022 to 2030. |
By Component |
|
By Deployment |
|
By Type |
|
By Application |
|
By Companies |
Quadient (Neopost), Parcel Port, Florence Corporation, TZ Limited, Luxer One, American Locker, Zhilai Tech, Hollman, Cleveron, KEBA, MobiiKey, Shanghai Fuyou, InPost, China Post, Kern, Parcel Pending, Cloud Box, My Parcel Locker |
Regions and Countries Covered |
|
Base Year |
2022 |
Historical Year |
2017 to 2022 |
Forecast Year |
2023 to 2030 |
Frequently Asked Questions (FAQ) about the Smart Parcel Delivery Locker market:
What is the CAGR of the global Smart Parcel Delivery Locker market?
The Smart Parcel Delivery Locker Market is growing at a CAGR of 13.5% during the forecast period.
Which region would offer high growth for vendors in the Smart Parcel Delivery Locker market?
North America is the largest market for Smart Parcel Delivery Locker Market.
Which Is the Most potential market segment?
By Component
By Deployment
Which are the top industry players in the Smart Parcel Delivery Locker market?
Quadient (Neopost), Parcel Port, Florence Corporation, TZ Limited, Luxer One, American Locker, Zhilai Tech, Hollman, Cleveron, KEBA, MobiiKey, Shanghai Fuyou, InPost, China Post, Kern, Parcel Pending, Cloud Box, My Parcel Locker
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