Automated Parcel Delivery Terminal Market Analysis: Expected to grow at 11% CAGR between 2023 and 2033, totaling US$2,140.7 million

The Automatic Parcel Delivery Terminals market report, unveiled by Future Market Insights – an ESOMAR-certified market research and consultancy firm – presents invaluable insights and rigorous analysis of the Automatic Parcel Delivery Terminals market. This report covers the scope and essence of the research and closely examines the driving factors, market size and predictive data for automated parcel delivery terminals. It provides complex revenue and shipment segmentations, accompanied by a ten-year projection until 2033. In addition, the document evaluates the key players in the industry, their market division, competitive scenario and regional perspectives.

The automated parcel delivery terminal market has seen remarkable expansion, driven primarily by the robust growth of the e-commerce sector and the widespread integration of online retail services. With a growing preference for the convenience of digital shopping among consumers, 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 transportation, driven by the globalized nature of businesses and the increasing interest in cross-border e-commerce activities.

To maintain competitiveness and meet escalating customer expectations, shipping and logistics companies have devoted substantial investments to advanced technologies and automated solutions, with the aim of streamlining their operational processes and reducing overall expenditure.

For the current year, 2023, the global net need for automated parcel delivery terminals is estimated to reach approximately $753.9 million. According to the latest market analyzes from Future Market Insights (FMI), a promising compound annual growth rate (CAGR) of 11% is expected between 2023 and 2033. Following this impressive growth trajectory, the market as a whole is positioned to achieve an appreciation of the US economy. $2,140.7 million by the year 2033.

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The key drivers of the automated parcel delivery terminal market remain the fast-growing e-commerce industry and the widespread adoption of online retail. Moreover, the increase in the number of international deliveries and the implementation of modern shipping and logistics improvements to reduce operational costs have played a crucial role in promoting market expansion.

The overall development potential of the market is limited by issues such as the propensity for burglaries and the emergence of competitive delivery methods. Furthermore, the need for significant installation space and high capital for its implementation could limit its adoption in emerging economies.

Key Takeaways from the Automated Parcel Delivery Terminals Market Research Report

• Global players are mainly concentrated in the United States, which held 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 increase at a CAGR of 9.2% over the next decade.
• In the Asia-Pacific region, Japan and Australia are the prominent countries that widely use automated parcel delivery terminals. According to the 2022 FMI market research report, these countries contributed nearly 4.1% and 1.4% to the global revenue share, respectively.
• Today, China is growing significantly in the adoption of automated parcel delivery terminals and could register a CAGR of 12.6% through 2033. Meanwhile, India is expected to follow China’s demand for automated parcel delivery terminals with a growth rate of 11.7%. during this period.
• Based on different types of deployment, outdoor terminals are the dominant market segment, generating a 44.5% revenue share in 2022.
• Based on owning several automated parcel delivery terminals, the shipping or logistics companies segment leads the market by capturing a 40.3% market share.

Competitive Landscape for the Automated Parcel Delivery Terminals Market Players

The overall market is becoming quite fragmented day by day as there are so many competitors who have started offering automated parcel terminal services. In addition, the development of private networks of parcel terminals is today a top priority for many postal companies, merchants and logistics companies.

Mergers and collaborations among the leading market players have emerged as key strategies for expanding the consumer base and service network. For example,

• Cleveron partnered with Bell & Howell in 2015 to improve parcel terminal delivery in the United States and Canada. Such collaboration between terminal providers and merchants is also expected to escalate competition in the coming days.
• In June 2019, the company also partnered with Falabella Retail’s parcel services businesses in Latin America, which is headquartered in Chile.

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Key segments covered in the Automated Parcel Delivery Terminals report

By deployment type:

• Indoor terminal
• Outdoor terminal

By property:

• Retailers
• Shipping/logistics companies
• Government organization
• Others

Per region:

• North America
• Europe
• Asiatic-Pacific
• The Middle East and Africa
• Latin America

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