Parcel Sorter Market: Key Growth Drivers, Industry Size, and Trends by 2024

The Parcel Sorter Market sector is undergoing significant transformation, with substantial growth and technological advancements expected by 2032. According to a new in-depth market research report, the sector is poised for expansion, driven by various factors such as market size, share, and emerging trends.

This comprehensive report provides key insights into the Parcel Sorter Market, exploring critical market segmentation and definitions. It highlights the essential components driving growth, offering a clear picture of the industry’s trajectory. Utilizing SWOT and PESTEL analyses, the report evaluates the market’s strengths, weaknesses, opportunities, and threats, while also considering political, economic, social, technological, environmental, and legal factors that impact the market landscape.

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Market Summary:

The global parcel sorter market size was valued at USD 3.00 billion in 2021 and is projected to grow from USD 3.30 billion in 2022 to USD 6.70 billion by 2029, exhibiting a CAGR of 10.6% during the forecast period. The Asia-Pacific dominated the parcel sorter market with a share of 40.66% in 2021.

Recent industry developments are;

• Korber AG acquired Siemens Logistics, a subsidiary of Siemens AG. Siemens Logistics deals in the global mail and parcel business. The acquisition was done for approximately USD 569 million.
• Interroll Group launched a new split tray sorter named MT015S. It is an automated sortation system, which is suitable for various industry verticals such as logistics, e-commerce, and pharmaceuticals. It has a weighing capacity of 12 kg.
• Beumer Group launched BG sorter Compact CB, a new compact cross belt sorter. It has a range of features such as flexibility, robust nature, easy integration, and energy efficiency.
• Neetwk GmbH launched a new Optisorter Vertical Packet and parcel sorting system. It has features such as high performance system, space efficiency, easy operation, and smooth sorting system. The product was developed for industries such as logistics, e-commerce, and warehouse.
• Daifuku Co Ltd signed an agreement with AFT Industries AG. Based in Germany, the company deals in the manufacturing and distribution of material handling systems and parcel sortation systems. The agreement was aimed at using parcel sortation systems for the automotive industry.

Browse Detailed TOC, Tables and Figures with Charts which is spread across 100+ Pages that provides exclusive data, information, vital statistics, trends, and competitive landscape details in this niche sector.

Major Players:

Koerber AG (U.S.), Beumer Group (Germany), Pitney Bowes Inc (U.S.), Vanderlande Industries B.V. (Netherlands), Dematic (Kion Group AG) (Netherlands), Honeywell International Inc (U.S.), Interroll Group (Switzerland), Intralox (Netherlands), Fives Group (France), National Presort Inc (U.S.)

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Parcel Sorter Market Segmentation:

By Type

• Cross Belt Sorter
• Shoe Sorter
• Till Tray Sorter
• Pusher Sorter
• Others (Paddle Sorter, Parcel Singulator)

By Direction

• Linear Parcel Sortation System
• Loop Parcel Sortation System

By End-user

• Logistics
• E-commerce
• Pharmaceutical & Medical Supply
• Airports
• Food & Beverages
• Others

Reasons to purchase this report:

This report offers a detailed analysis of the competitive landscape, emerging growth areas, market conditions, and key trends within the Parcel Sorter Market. It helps businesses identify expansion opportunities while addressing potential risks and challenges. By assessing product portfolios and business segments, the report provides valuable insights that guide stakeholders in formulating informed investment and market strategies.

The in-depth understanding of industry dynamics presented in the report supports the creation of effective strategies for success in the Parcel Sorter Market, greatly enhancing decision-making. Overall, this report is an essential resource for those looking to stay updated in this rapidly evolving industry.

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Drivers & Restraints:

• Drivers:
  • Growing e-commerce industry and the need for efficient logistics solutions driving the demand for advanced parcel sorting systems to enhance delivery speed and accuracy.
  • Technological advancements in automation and AI, improving the efficiency and precision of parcel sorting processes in warehouses and distribution centers.
• Restraints:
  • High initial capital investment and installation costs associated with advanced parcel sorter systems may deter small and medium-sized logistics companies.
  • Challenges related to integrating new sorting systems with existing infrastructure and operations can limit market adoption.

Table of Contents:

• Introduction
  • Research Scope
  • Market Segmentation
  • Research Methodology
  • Definitions and Assumptions
• Executive Summary
• Market Dynamics
  • Market Drivers
  • Market Restraints
  • Market Opportunities
• Key Insights
  • Key Industry Developments – Merger, Acquisitions, and Partnerships
  • Porter’s Five Forces Analysis
  • SWOT Analysis
  • Technological Developments
  • Value Chain Analysis

TOC Continued…!

Parcel Sorter Market Regional Segmentation:

• North America (Type, Direction, End-user, and Country)
  • U.S. (By Direction)
  • Canada (By Direction)
  • Mexico (By Direction)
• Europe (Type, Direction, End-user, and Country)
  • Germany (By Direction)
  • U.K. (By Direction)
  • France (By Direction)
  • Italy (By Direction)
  • Rest of Europe
• Asia Pacific (Type, Direction, End-user, and Country)
  • China (By Direction)
  • Japan (By Direction )
  • India (By Direction )
  • South Korea (By Direction)
  • Rest of Asia Pacific
• Middle East and Africa (Type, Direction, End-user, and Country )
  • GCC Countries (By Direction )
  • South Africa (By Direction )
  • Rest of Middle East and Africa
• Latin America (Type, Direction, End-user, and Country )
  • Brazil (By Direction )
  • Argentina (By Direction)
  • Rest of Latin America

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