close
close

Automated Parcel Delivery Terminals Market Analysis: Expected to Grow at 11% CAGR Through 2033, Totaling $2,140.7 Mn

Posted on by darion

The Automated Parcel Delivery Terminals Market Report, published by Future Market Insights, an ESOMAR certified market research and advisory firm, presents invaluable insights and meticulous analysis of the Automated Parcel Delivery Terminals market. Covering the scope and essence of the research, the report meticulously examines the drivers, market size, and predictive data for Automated Parcel Delivery Terminals. It provides sophisticated revenue and shipment segmentation, along with a decade-long forecast to 2033. Further, the document assesses key industry players, their market distribution, competitive scenario, and regional prospects.

The automated parcel delivery terminal market has witnessed significant expansion, driven primarily by the strong growth of the e-commerce sector and the widespread integration of online retail services. With consumers increasingly embracing the convenience of digital shopping, the demand for efficient and reliable parcel delivery solutions has increased significantly. Moreover, the market’s upward trajectory has been further strengthened by the escalation of international shipments, driven by business globalization and the growing momentum for cross-border e-commerce activities.

To remain competitive and meet growing customer expectations, freight forwarding and logistics companies are investing significantly in cutting-edge technologies and automated solutions to streamline operational processes and reduce overall expenses.

The global net demand for automated parcel delivery terminals is estimated to reach an approximate value of USD 753.9 Mn in the current year 2023. According to the latest market analysis by Future Market Insights (FMI), a promising CAGR of 11% is predicted for the period 2023-2033. Following this impressive growth trajectory, the entire market is positioned to reach a valuation of USD 2140.7 Mn by 2033.

Discover lucrative growth paths: Gain invaluable market intelligence with our holistic market analysis – Get your sample today

The major factors driving the automated parcel delivery terminal market continue to be the growing e-commerce industry and the widespread adoption of online retailing. Additionally, the growth in international shipping and the implementation of modern improvements in shipping and logistics to reduce operational costs have played a key role in promoting the market expansion.

The overall market growth potential is limited by issues such as the propensity for hacking and the emergence of competing delivery methods. In addition, the requirement for significant installation space and high capital for implementation may limit its adoption in emerging economies.

Key findings from the automated parcel delivery terminals market research report

  • Global players are mainly concentrated in the United States, which had a 26.7% share of the global market in 2022.
  • Germany is the leading country in Europe, accounting for 4.5% of global demand for automated parcel delivery terminals in 2022.
  • The adoption of automated parcel delivery terminals in the UK is expected to grow at a CAGR of 9.2% over the next ten years.
  • In the Asia-Pacific region, Japan and Australia are the top countries that heavily utilize automated parcel delivery terminals. According to FMI’s 2022 Market Research Report, these countries accounted for almost 4.1% and 1.4% of the global revenue share, respectively.
  • China is currently witnessing significant growth in the adoption of automated parcel delivery terminals and is expected to register a CAGR of 12.6% through 2033. Meanwhile, India is forecast to follow China in terms of demand for automated parcel delivery terminals, exhibiting a growth rate of 11.7% during this period.
  • Taking into account the different types of implementations, outdoor terminals constitute the dominant market segment, which generated a 44.5% share of revenue in 2022.
  • Based on having separate terminals for automatic parcel delivery, the segment of forwarding and logistics companies is the market leader, gaining 40.3% of the market share.

Competitive landscape for players in the automated parcel delivery terminal market

The entire market is becoming more fragmented day by day as there are so many competitors who have started providing automated parcel terminal services. Moreover, the development of private parcel terminal networks is currently a top priority for many postal operators, traders and logistics companies.

Mergers and collaborations between leading market players have proven to be key strategies for expanding their customer base and service networks. For example,

  • Cleveron joined forces with Bell & Howell in 2015 to streamline parcel delivery at terminals in the United States and Canada. It is also expected that such collaboration between terminal providers and merchants could increase competition in the coming days.
  • In June 2019, the Company also entered into cooperation with Latin American courier services company Falabella Retail, headquartered in Chile.

For personalized help with getting this reportplease contact our dedicated sales team

Key segments covered in the report on automatic parcel delivery terminals

By implementation type:

  • Internal terminal
  • External terminal

By ownership:

  • Retailers
  • Forwarding/Logistics companies
  • Government organization
  • Others

By region:

  • North America
  • Europe
  • Asia and Pacific
  • Middle East and Africa
  • Latin America

About us

Future Market Insights, Inc. (ESOMAR certified, Stevie Award-winning market research organization and member of the Greater New York Chamber of Commerce) provides an in-depth look at the factors driving the demand growth in the market. It reveals the opportunities that will drive the market growth in various segments based on source, application, sales channel and end-use over the next 10 years.

Contact:

Future Market Insights Inc.
Christiana Corporate,
200 Continental Drive,
Apartment 401, Newark,
Delaware – 19713, United States
Phone: +1-845-579-5705
For sales inquiries: [email protected]