Parcel Sorter Market : A Study of the Industry's Current Status and Future Outlook
The Parcel Sorter Market size was estimated at USD 3.6 billion in 2023 and is expected to reach USD 9.1 billion by 2032 at a CAGR of 10.8% during the forecast period of 2024-2032.
The parcel sorter market is experiencing significant growth, driven by the rise in e-commerce and increasing demand for efficient package handling solutions. As online shopping continues to surge globally, logistics companies are seeking advanced automated systems to streamline operations and improve delivery times. Parcel sorters, which automate the sorting process, are critical in meeting the high-volume demands of fulfillment centers and distribution networks. Technologies such as RFID, barcode scanning, and AI-powered systems are enhancing the speed and accuracy of sorting, helping companies reduce labor costs while improving overall operational efficiency.
Additionally, the global expansion of logistics and the push towards same-day delivery are propelling innovations in parcel sorting systems. Key players in the market are investing in modular and scalable solutions that can adapt to different facility sizes and operational requirements. With sustainability being a growing concern, manufacturers are also developing energy-efficient parcel sorters that minimize carbon footprints. Geographically, North America and Europe dominate the market due to their advanced infrastructure, while emerging markets in Asia-Pacific are expected to witness the fastest growth due to the rapid digitalization of their retail and logistics sectors.
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Covid 19 impact analysis:
The latest report is the most recent study that offers 360° coverage of the Parcel Sorter industry that has been facing the brunt of the adverse economic impact of the COVID-19 outbreak since the beginning of this year. The global health crisis has affected nearly every aspect of the business vertical and led to massive disruptions to the global Parcel Sorter market demand and supply chains. Researchers draw predictions for the market scenario in the post-COVID era. The report, additionally, assesses the present market situation and estimates its future outcomes, keeping in mind the impact of the pandemic on the global economic landscape.
Major companies profiled in the market report include
Koerber AG, Beumer Group, Pitney Bowes Inc, Vanderlande Industries B.V., Dematic, Honeywell International Inc, Interroll Group, Intralox, Fives Group (France), National Presort Inc. and Other Players
Research objectives:
The latest research report has been formulated using industry-verified data. It provides a detailed understanding of the leading manufacturers and suppliers engaged in this market, their pricing analysis, product offerings, gross revenue, sales network & distribution channels, profit margins, and financial standing. The report’s insightful data is intended to enlighten the readers interested in this business sector about the lucrative growth opportunities in the Parcel Sorter market.
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It has segmented the global Parcel Sorter market
By Type
Cross Belt Sorter
Shoe Sorter
Till Tray Sorter
Pusher Sorter
Others (Paddle Sorter, Parcel Singulator)
By Direction
Linear Parcel Sortation System
Loop Parcel Sortation System
By End-user
Logistics
E-Commerce
Pharmaceutical & Medical Supply
Airports
Food & Beverages
Others
Key Objectives of the Global Parcel Sorter Market Report:
The report conducts a comparative assessment of the leading market players participating in the global Parcel Sorter
The report marks the notable developments that have recently taken place in the Parcel Sorter industry
It details on the strategic initiatives undertaken by the market competitors for business expansion.
It closely examines the micro- and macro-economic growth indicators, as well as the essential elements of the Parcel Sorter market value chain.
The repot further jots down the major growth prospects for the emerging market players in the leading regions of the market
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