Global Smart Parcel Locker market was valued at USD 798.75 million in 2021 and is expected to reach USD 1821.71 million by the year 2028, at a CAGR of 12.5%.
Smart parcel lockers are manufactured with innovative technology keeping in mind the importance of having strong exteriors and developed internal systems. The lockers are manufactured by utilizing corrosion-resistant steel, and the kiosk is run by a Windows operating system. This modern and innovative combination of hardware and software packs a punch. The uprising of smart technologies has rebuilt the traditional way of last-mile delivery from logistics outlets to IoT-based parcel lockers owing to the flexibility, convenience, and 24/7 accessibility
Major Key Players for Smart Parcel Locker Market:
Smartbox Ecommerce Solutions Pvt. Ltd. (India),TZ Limited (Australia),CleverBox Co. (U.K.),Quadient (France),Abell International Pte. Ltd. (Singapore),Cleveron (Estonia),Package Nexus (U.S.),DeBourgh Manufacturing Co. (U.S.),Mobiikey Technologies Pvt. Ltd. (India),KEBA AG (Austria) and others major players.
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Smart Parcel Locker Market Segmentation:
- Modular Parcel Locker
- Cooling Lockers for Fresh Food
- Postal Lockers
- Laundry Lockers
- Retail BOPIS
Geographic Segment Covered in the Report
- North America (U.S., Canada, Mexico)
- Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
- Asia-Pacific (China, India, Japan, Southeast Asia, Rest of APAC)
- Middle East & Africa (GCC Countries, South Africa, Rest of MEA)
- South America (Brazil, Argentina, Rest of South America)
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- Market Size & Forecast by Revenue 2023-2030
- Market Dynamics – Leading Trends, Growth Drivers, Restraints, and Investment Opportunities
- Market Segmentation – A detailed analysis By Product Type, End-Users, Form, and Region
- Competitive Landscape – Top Key Vendors and Other Prominent Vendors
COVID-19 Impact on Smart Parcel Locker Market
The COVID-19 pandemic has led people in many global economies to significantly restrict their physical interactions. Self-inflicted social distancing to avoid contagion, together with the stringent confinement measures executed in many economies, have put a large share of traditional brick-and-mortar retail virtually on hold, at least temporarily. In the United States, retail and food services sales between February and April 2020 were declined by 7.7% compared to the same period in 2019. Nevertheless, sales increased for grocery stores and non-store retailers (mostly e-commerce suppliers), by 16% and 14.8% respectively. The retail sales via mail order houses or the Internet in April 2020 raised by 30% compared to April 2019, while total retail sales declined by 17.9%.
Report includes Competitor’s Landscape:
- Major trends and growth projections by region and country
- Key winning strategies followed by the competitors
- Who are the key competitors in this industry?
- What shall be the potential of this industry over the forecast tenure?
- What are the factors propelling the demand for the Action Figures And Statues?
- What are the opportunities that shall aid in significant proliferation of the market growth?
- What are the regional and country wise regulations that shall either hamper or boost the demand for Action Figures And Statues?
- How has the covid-19 impacted the growth of the market?
- Has the supply chain disruption caused changes in the entire value chain?
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