Press release
Smart Parcel Locker Market to reach USD 1.58 Bn by 2029, emerging at a CAGR of 10.79 percent and forecast 2023-2029
Smart Parcel Locker Market
The report employs robust research methodologies to analyze complex data, providing clear insights in accessible language.
Utilizes PORTER and PESTEL analysis to assess market dynamics and potential micro-economic impacts.
Evaluation of external and internal factors influencing the market outlook, facilitating informed decision-making.
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What are Smart Parcel Locker Market Dynamics:
1) Emerging postal and parcel market to drive growth: The growing e-commerce market is pushing parcel delivery companies to adopt advanced smart technology to improve customer satisfaction by providing reliable and secure parcel services. In addition, offers such as free delivery and free shipping have led to the fast-growing postal and parcel market around the world. Varied applications of smart cameras and advancements in technology are driving the global parcel lockers market. E-Commerce market expected to grow at 14.8% CAGR through the forecasted period.
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Smart Parcel Locker Market Regional Insights:
North America Dominates: With a market share of 28.57% in 2021, North America is poised for substantial growth at a CAGR of 12.6%. The region's robust e-commerce sector and technological innovations contribute to its dominance.
Rapid Growth in Asia Pacific: Driven by burgeoning e-commerce markets in China and India, the Asia Pacific region is expected to witness significant growth. China's large population and government initiatives for advanced post office technologies fuel market expansion.
Potential Growth in South America: South America anticipates market growth, fueled by increasing demand in logistics and e-commerce sectors. Rising incidents of luggage theft drive the adoption of smart parcel lockers, particularly in countries like Brazil.
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What is Smart Parcel Locker Market Segmentation:
by Type
• Modular Parcel Locker
• Cooling Lockers For Fresh Food
• Postal Lockers
• Laundry Lockers
by Application
• Commercial Building
• Condos and Apartment
• Retail BOPIS
• Universities and Colleges
• Others
by Deployment
• Indoor
• Outdoor
Who are Smart Parcel Locker Market Key Players:
• TZ Limited
• Patterson Pope
• DeBourgh
• KEBA
• RENOME
• Xiamen Headleader Technology Co., Ltd.
• SHENZHEN ZHILAI SCI AND TECH CO., LTD
• Locker & Lock Pte Ltd.
• ALPHA Corporation
• Cleveron AS
• Smartbox Ecommerce Solutions Pvt. Ltd.
• Snaile Inc.
• Package Nexus
• Vlocker
• Focus Action Sdn Bhd
• ABELL INTERNATIONAL PTE LTD
• VIOLANTA
• Kern Limited
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Table of content for the Smart Parcel Locker Market includes:
Global Smart Parcel Locker Market: Research Methodology
Global Smart Parcel Locker Market: Executive Summary
Market Overview and Definitions
Introduction to the Global Market
Summary
Key Findings
Recommendations for Investors
Recommendations for Market Leaders
Recommendations for New Market Entry
3.Global Smart Parcel Locker Market: Competitive Analysis
MMR Competition Matrix
Market Structure by region
Competitive Benchmarking of Key Players
Consolidation in the Market
M&A by region
Key Developments by Companies
Market Drivers
Market Restraints
Market Opportunities
Market Challenges
Market Dynamics
PORTERS Five Forces Analysis
PESTLE
Regulatory Landscape by region
North America
Europe
Asia Pacific
Middle East and Africa
South America
COVID-19 Impact
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