Automated Parcel Delivery Terminals Market Trends and Opportunities : A Regional Perspective

Automated parcel delivery terminals, also known as parcel kiosks or automated lockers, are standalone units strategically placed in high-traffic areas such as shopping malls, sidewalks, supermarkets, and train stations. These terminals empower recipients to conveniently receive and/or return their parcels around the clock.

Automated Parcel Delivery Terminals Market Report, published by published by Allied Market Research, forecasts that the global market was valued at $294 million in 2014 and is projected to reach $803 million by 2022, growing at a CAGR of 14.2% from 2016 to 2022. The retail sector segment dominated the total end-user market in 2015.

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The market for automated parcel delivery terminals presents promising prospects for industry players. Europe leads in the adoption of these terminals, closely followed by the Asia-Pacific region, North America, and LAMEA. Moreover, numerous companies in the market, such as Smartbox Ecommerce Solutions Pvt. Ltd., ByBox Holdings Ltd., Neopost group, among others, are implementing innovative strategies to offer cutting-edge and pioneering solutions.

Impacts of Covid-19 on the Automated Parcel Delivery Terminals Market:

• Numerous manufacturers of automated parcel delivery terminals worldwide have ceased production due to disrupted supply chains during the Covid-19 lockdown.

• The growth of the automated parcel delivery terminal market is anticipated to decrease during the Covid-19 pandemic due to restrictions on cross-border mobility among states, resulting in parcels being unable to reach their intended recipients.

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The increasing customer needs has induced innovation in the postal industry through automated parcel delivery terminals. These terminals are modern state-of-the-art delivery systems that enable convenient delivery and return options for consumers.

Growth in cross-border deliveries, booming e-commerce business & internet penetration, and decline in operating costs are expected to drive the growth of the global automated parcel delivery terminals market. However, factors such as susceptibility to burglary, emergence of other competitive delivery technologies, and need for a large installation space for deployment are expected to hamper the market growth during the forecast period. Growth in emerging economies is expected to provide lucrative opportunities for the automated parcel delivery terminals market growth.

In 2015, indoor terminal segment accounted for the maximum revenue share among the deployment types of automated parcel delivery terminals market. This is due to the increasing burglary susceptibility in outdoor terminals and the convenience associated with indoor terminals' operability. In addition, indoor terminals are also expected to witness the fastest growth over the forecast period.

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The retail sector dominated the global automated parcel delivery terminals market in 2015 owing to the massive growth in the e-retail sector. Furthermore, automated parcel delivery terminals enable retailers to implement a cheaper, effective, and faster delivery model as compared to the conventional one.

The other sectors (large enterprises and educational institutions are projected to witness the highest growth rate among other end users of the automated parcel delivery terminals market. LAMEA is estimated to grow at the highest rate due to flourishing e-commerce industry and increased infrastructural expenditure.

Key Benefits for Automated Parcel Delivery Terminals Market:

• This study provides an analytical depiction of the global automated parcel delivery terminals market along with the trends and future estimations to depict the imminent investment pockets.

• The overall market potential is determined by understanding the profitable trends to gain stronger coverage in the market.

• The report presents information regarding key drivers, restraints, and opportunities along with detailed impact analyses.

• Quantitative analysis of the market for the period of 2014-2022 is provided to determine its financial competency.

• Porters five forces analysis of the industry illustrates the potency of buyers and suppliers in the automated parcel delivery terminals industry.

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