Parcel Sorter Market by Type (Cross Belt Sorter, Shoe Sorter, Till Tray Sorter, Pusher Sorter, and Others), by Direction (Linear Parcel Sortation System and Loop Parcel Sorting System), by End-user (Logistics, E-Commerce, Pharmaceutical & Medical Supply, Airports, Food & Beverages, and Others), by North America (United States, Canada, Mexico), by South America (Brazil, Argentina, Rest of South America), by Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), by Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), by MEA (Middle East, Africa) Forecast 2024-2032
The Parcel Sorter Market size was valued at USD 3.00 USD billion in 2023 and is projected to reach USD 10.94 USD billion by 2032, exhibiting a CAGR of 20.3 % during the forecast period. A parcel sorter is an organized technological solution that can sort parcels in line with particular standards including size, destination, and weight of the items. This is one of the advanced technologies utilized in current logistics and warehousing as it increases the speed and efficiency of parcel handling. There are various kinds of parcel sorters, these are tilt tray sorters, cross belt sorters, and shoe sorters that have various working mechanisms for the sorting process. The main characteristics of parcel sorters are high speed of sorting, tracking of parcels at the moment, extensibility and compatibility with logistics management systems. They contain features such as sensors and software that allow the sorting to be very effective with a limited margin of error. Parcel sorters are useful in depots of online shops, mail delivery, and warehouses, where they deal with hundreds of parcels each day. The advantages that can be attained from parcel sorters are numerous such as improving on operational efficiency, minimal labour costs required in the process and customers’ satisfaction from speedy and effective deliveries. These systems are very important, especially to companies that want to stay relevant in an ever-evolving market.
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The comprehensive report provides in-depth analysis and insights into the parcel sorter market, including key market trends, drivers, challenges, and opportunities. It covers the market segmentation, leading players, and significant developments in the industry.
The parcel sorter market is expected to grow significantly in all regions, with Asia-Pacific expected to be the fastest-growing region due to the rapid expansion of e-commerce and logistics infrastructure in the region.
Aspects | Details |
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Study Period | 2018-2032 |
Base Year | 2023 |
Estimated Year | 2024 |
Forecast Period | 2024-2032 |
Historical Period | 2018-2023 |
Growth Rate | CAGR of 20.3% from 2018-2032 |
Segmentation |
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Aspects | Details |
---|---|
Study Period | 2018-2032 |
Base Year | 2023 |
Estimated Year | 2024 |
Forecast Period | 2024-2032 |
Historical Period | 2018-2023 |
Growth Rate | CAGR of 20.3% from 2018-2032 |
Segmentation |
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Note* : In applicable scenarios
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