Global Smart Parcel Locker Market to reach $1.96 Bn by 2028: COVID Impact, Opportunities, Trends and Forecast

Evolve Business Intelligence, today has published a new market research report on “The global Smart Parcel Locker market was estimated to be USD 682.7 million in 2020 and is anticipated to grow at a CAGR of 13.8% from 2021 to 2028”

For more information on the report: https://evolvebi.com/product/smart-parcel-delivery-locker-market-analysis-and-global-forecast-2021-2028-with-covid-impact-analysis/

The COVID-19 pandemic has led to disruption in the supply chain leading to lower demand or supply shortages in the Smart Parcel Locker market. The travel restrictions and social-distancing measures have resulted in a sharp drop in consumer and business spending and this pattern is expected to continue for some time. The end-user trend and preferences have changed due to the pandemic and have resulted in manufacturers, developers, and service providers adopting various strategies to stabilize the company.

In terms of COVID 19 impact, the Smart Parcel Locker market report also includes the following data points:
• COVID19 Impact on Smart Parcel Locker market size
• End-User/Industry/Application Trend, and Preferences
• Government Policies/Regulatory Framework
• Key Players Strategy to Tackle Negative Impact/Post-COVID Strategies
• Opportunity in Smart Parcel Locker market

Analyst View
According to Parimal, Principal Analyst, Evolve Business Intelligence, “the COVID scenario has boosted the market trend of home deliveries and online ordering. The increase in online purchase has increased the parcel and package deliveries. Due to the high risk of virus transmission the demand for touch-free parcel deliveries has increased. The smart parcel lockers help the courier companies, delivery agent, and the receiver to maintain social distancing norm and also eliminate physical verification.”

Competitive Scenario
Some of the major Smart Parcel Locker players holding high market share include Neopost, TZ limited, American locker, and Florence Corporation. These players use collaboration and partnership as a key strategy to gain significant market share to compete with market leaders.

Segmental Analysis
Smart Parcel Locker market is analyzed across the below-mentioned segments:
• Type
o Modular Parcel Locker
o Cooling Lockers for Fresh Food
o Postal Lockers
o Laundry Lockers
• Application
o Commercial Buildings
o Condos and Apartments
o Retail BOPIS
o Others
• Deployment
o Indoor
o Outdoor

Report Coverage
The study also contains a comprehensive value chain, as well as details on the key factors affecting the market growth (drivers, constraints, and opportunities). Furthermore, the report includes 10 key players in the Smart Parcel Locker market ecosystem that have been strategically profiled, along with the market ranking/share for major players. Under the company profile section, the company’s core competencies have been comprehensively analyzed, along with detailing the competitive landscape for the market players, and the strategies such as partnerships and collaboration, acquisitions, product launches and developments, contracts, and business expansion adopted by them to grow in the market.

The key players profiled in the report are:
• Neopost
• TZ Limited
• American Locker
• Florence Corporation
• Cleveron
• Hollman
• Luxer One
• Parcel Port
• KEBA
• Zhilai Tech

To request a free sample report, click on the “Request Sample PDF” button on https://evolvebi.com/product/smart-parcel-delivery-locker-market-analysis-and-global-forecast-2021-2028-with-covid-impact-analysis/

Research Methodology
This research study makes substantial use of secondary sources, archives, and databases (such as annual reports, news releases, magazines, Trademap, company websites, and other paid databases) to classify and gather information valuable for this analysis. The entire process involves a review of top industry participants' financial records. Following the determination of the overall market size, the total market was divided into several segments and sub-segments, and this information was then verified through key industry specialists such as CEOs, directors, VPs, and marketing executives.

Report Objectives
• To define, describe, and forecast the Smart Parcel Locker market, in terms of value, segmented on the basis of indication, type, technology, and geography
• To forecast the market size across 4 key regions—Asia Pacific (APAC), North America, Europe, and Rest of the World (RoW)
• To provide detailed information regarding drivers, restraints, and opportunities, in the Smart Parcel Locker market
• To provide an overview of the value chain analysis pertaining to the Smart Parcel Locker industry
• To strategically analyze each segment and subsegment with respect to individual overall growth trends and their contribution to the overall Smart Parcel Locker market
• To analyze opportunities in the market by identifying high-growth segments of the Smart Parcel Locker market
• To profile key players in the Smart Parcel Locker market and comprehensively analyze their core competencies
• To analyze competitive developments such as partnerships, product launches and developments, contracts, and mergers and acquisitions carried out in the global Smart Parcel Locker market

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