Parcel Sortation System Market Size Forecast: $2.84 Billion by 2029 | Global Outlook

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What Is the Projected Market Size Valuation of the Parcel Sortation System Market by 2025?
The market size of the parcel sortation system has seen significant growth in recent years. The market, which was valued at $1.94 billion in 2024, is projected to escalate to $2.11 billion in 2025, marking a compound annual growth rate (CAGR) of 8.4%. The surge during the historical period is a result of the expansion in omnichannel retailing, an upswing in international e-commerce, a rise in subscription box services, heightening consciousness of eco-friendly logistics, and a growing emphasis on minimizing delivery mistakes.

What Is the Estimated Market Growth Value for the Parcel Sortation System Industry in 2029?
In the coming years, the parcel sortation system market is projected to experience significant expansion. By 2029, the market is poised to reach a valuation of $2.84 billion, registering a compound annual growth rate (CAGR) of 7.8%. Various factors contributing to its growth within this forecast period are the escalating volumes of e-commerce transactions, surging automation demand, continually growing urbanization, increased allocation of resources in logistics infrastructure, and heightened requirement for same-day delivery services. The forecast period also anticipates major trends like advancements in technology, AI implementation, IoT usage, the influence of big data, and the increasing adoption of cloud services for sortation solutions.

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What Are the Growth Drivers and Opportunities in the Parcel Sortation System Market?
The expansion of the parcel sortation system market is predicted to be fueled by the burgeoning e-commerce sector. The buying and selling of goods and services online constitutes the e-commerce industry. This industry's growth is attributed to factors like convenience, a wide range of products, competitive prices, easy comparison, and individualized buying experiences. Parcel sortation systems play a crucial role in e-commerce, automating and improving the sorting and distribution of packages. This allows for the efficient handling of a large quantity of parcels resulting from online transactions. For illustration, the United States Census Bureau, a governmental agency in the US, reported that in the first quarter of 2024, US retail e-commerce sales rose to $289.2 billion, a 2.1 percent increase (±0.7%) from the final quarter of 2023. Consequently, the expanding e-commerce industry is stimulating the parcel sortation system market's growth.

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What Are the Primary Segments Covered in the Global Parcel Sortation System Market Report?
The parcel sortation system market covered in this report is segmented -

1) By Type: Linear Parcel Sortation Systems, Loop Parcel Sortation System, Other Types
2) By Offering: Hardware, Software, Services
3) By Application: Logistics, E-commerce, Airports, Pharmaceuticals and Medical Supply, Food And Beverage, Other Applications

Subsegments:
1) By Linear Parcel Sortation Systems: Belt Conveyor-Based Systems, Roller Conveyor-Based Systems, Cross-Belt Sortation Systems
2) By Loop Parcel Sortation System: Tilt Tray Sorters, Cross-Belt Loop Sorters, Pop-Up Wheel Sorters
3) By Other Types: Automated Guided Vehicle (AGV) Sortation Systems, Overhead Sortation Systems, Pusher-Based Sortation Systems

What Are the Top Growth Trends in the Parcel Sortation System Market?
Leading businesses in the parcel sortation system market are pioneering the creation of robot-centric parcel sorting systems and AI-powered vision systems to enhance precision and efficiency. Parcel sorting systems operating on robotic technology are state-of-the-art automation solutions used for sorting and dealing with parcels in logistics and distribution centres. These systems utilize robotic technology to elevate effectiveness, precision, and speed of the sorting process. To exemplify, in January 2024, Viettel Post, a parcel delivery service in Vietnam, rolled out 160 LiBiao 'Mini Yellow' autonomous guided robots. These are set up in the storage and distribution hub, culminating in a fully automated parcel sortation technology. Viettel Post's robots use AI-based algorithms that can independently identify, categorize, and sort parcels according to their size, weight, and destination. This kind of automation minimizes sorting blunders and augments processing speed, enhancing the overall logistical efficiency. The highlight of this system is its ability to track and monitor parcels in real-time, giving stakeholders an opportunity to oversee the movement and status of parcels at each stage of the sorting procedure.

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Which Companies Are Shaping the Future of the Parcel Sortation System Market?
Major companies operating in the parcel sortation system market are Honeywell International Inc., Kawasaki Heavy Industries, FANUC America Corporation, Daifuku Co. Ltd., Yaskawa America, Vanderlande, Pitney Bowes Inc., Dematic, Körber AG, Fives, BEUMER Group, TGW Logistics, Interroll Group, Daifuku, Bastian Solutions, Murata Machinery Ltd., Siemens Logistics GmbH, Viastore Systems, National Presort Inc., Böwe Systec, Muratec America, Mantissa Corporation, Okura Yusaki Co. Ltd.

Which Region Holds the Largest Market Share in the Parcel Sortation System Industry?
North America was the largest region in the parcel sortation system market in 2024. The regions covered in the parcel sortation system market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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