Smart Parcel Locker Market Growth, Size, Trends, Demand, Share, Revenue and Future Outlook
Smart Parcel Locker Market Size- By Product Type, By Deployment, By Application- Regional Outlook, Competitive Strategies and Segment Forecast to 2033
| Published: Aug-2024 | Report ID: IACT24156 | Pages: 1 - 233 | Formats*: |
| Category : Information & Communications Technology | |||
Smart Parcel Locker Market Introduction and Overview
According to SPER Market Research, the Global Smart Parcel Locker Market is estimated to reach USD 2872.22 million by 2033 with a CAGR of 12.53%.
The report includes an in-depth analysis of the Global Smart Parcel Locker Market, including market size and trends, product mix, applications, and supplier analysis. We can securely and effectively manage package pickup and delivery thanks to smart parcel lockers. This streamlines the reverse logistics process, as it is called in the industry, which involves returning things. Simply scan the return code, then replace the unwanted item in the locker. Usually modular in design, smart parcel lockers have many sections or lockers of different sizes. Residential complexes, workplaces, retail establishments, and public areas frequently incorporate them. When the recipient is not accessible or it's after work hours, a smart parcel locker offers a safe place to receive packages. The receiver receives a notice with a special code or barcode to access the locker once couriers deliver the package to the locker.
- May 2022, Velocity Smart Technology, a UK-based business, and Decarbonization consulting jointly introduced the first carbon-neutral package locker in May 2022. Intelligent, high-tech lockers for online food delivery workers. A hypermarket installed the newest, safest locker available. All varieties of frozen, chilled, and room temperature food goods can be stored in the lockers, which ensure food preservation.
- May 2023, SLG Storage unveiled a brand-new, hassle-free, and secure locker storage solution in May 2023. Recipients will be able to obtain their packages' OTP codes thanks to it.
- June 2023, Leveron announced the release of its battery-operated outdoor parcel locker, which is specifically engineered to be a grid-independent solution lowering CO2 emissions by 70%.
Market Opportunities and Challenges
Opportunities- Advances in smart technology are being driven by the expanding e-commerce business, which requires parcel delivery companies to offer secure and dependable parcel services to enhance client satisfaction. Furthermore, free delivery and shipping are among the perks that have contributed to the world's postal and parcel markets expanding quickly. Global demand for parcel lockers is being driven by a variety of smart camera applications and technological breakthroughs. The food and beverage industry's growing use of smart technologies, such as smart refrigerators, for the delivery and storage of fresh food has the potential to propel market expansion for smart parcel lockers. The improved effectiveness of first- and last-mile services are driving up demand for smart parcel lockers.
Challenges- Large lockers are in high demand, and the market is finding it difficult to meet this demand. Although manufacturers provide custom lockers in all sizes, the market's expansion is anticipated to be hampered by the dearth of huge smart lockers. High upfront expenses for things like real estate, electricity, Internet, and maintenance can also act as a deterrent for IT startups and stunt the expansion of the smart parcel locker industry. Installing infrastructure (such as a power supply and network access), connecting with pre-existing systems (such parcel tracking and management software), and buying the lockers themselves are all major upfront costs associated with setting up smart parcel locker systems.
Market Competitive Landscape
Through alliances and agreements, the major players in the market are expanding their businesses. Rapidly growing websites and online platforms are always searching for new and creative ways to provide their goods. Furthermore, these outlets are seeing an increase in requests for home delivery. Therefore, companies that handle large volumes of parcels are strategically partnered with the major suppliers. In order to satisfy the needs of numerous industries, including logistics, retail, education, healthcare, and the food and beverage sector, these companies are also focusing on offering state-of-the-art and next-generation parcel storage solutions. Leading Companies in the industry are ABELL INTERNATIONAL PTE LTD, ALPHA CORPORATION, CLEVERON AS, DEBOURGH, FOCUS ACTION SDN BHD, KERN LIMITED, SHENZHEN ZHILAI SCI AND TECH CO, VIOLANTA, XIAMEN HEADLEADER TECHNOLOGY CO., LTD.
Scope of the Report:
| Report Metric | Details |
| Market size available for years | 2020-2033 |
| Base year considered | 2023 |
| Forecast period | 2024-2033 |
| Segments covered | By Product Type, By Deployment, By Application |
| Regions covered | North America, Asia-Pacific, Latin America, Middle East & Africa and Europe. |
| Companies Covered | ABELL INTERNATIONAL PTE LTD, ALPHA CORPORATION, CLEVERON AS, DEBOURGH, FOCUS ACTION SDN BHD, KERN LIMITED, SHENZHEN ZHILAI SCI AND TECH CO, VIOLANTA, XIAMEN HEADLEADER TECHNOLOGY CO, LTD. |
COVID-19 Impact on Global Smart Parcel Locker Market
COVID-19 pandemic significantly impacted the market for Smart Parcel Lockers. The Online shopping surged in response to lockdowns and limitations on physical stores. The need for effective delivery and pickup solutions, such smart parcel lockers, increased as a result of the rise in package quantities. It was decided to switch to contactless distribution methods due to worries about virus spread. Without having to deal with delivery staff directly, smart parcel lockers provided clients with a simple and safe option to pick up their products. Smart parcel locker deployment, manufacture, and maintenance were impacted by lockdown protocols and supply chain interruptions. While growing their locker networks, businesses encountered delays and practical difficulties.
Key Target Audience:
- Residential Communities (Apartment, Gated communities)
- Commercial Spaces (Offices, Retail stores, Universities and colleges)
- Public Locations (Airports, train stations, shopping malls, Convenience stores)
- Logistics and Delivery Companies (Courier services, Last-mile delivery providers)
- E-commerce Businesses (Online retailers, Marketplaces)
Our in-depth analysis of the Smart Parcel Locker Market includes the following segments:
| By Product Type: |
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| By Deployment: |
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| By Application: |
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Key Topics Covered in the Report:
- Global Smart Parcel Locker Market Size (FY’2024-FY’2033)
- Overview of Global Smart Parcel Locker Market
- Segmentation of Global Smart Parcel Locker Market by Product Type (Postal Lockers, Cooling Lockers For Fresh Food, Modular Parcel Locker, Laundry Lockers)
- Segmentation of Global Smart Parcel Locker Market by Deployment (Indoor, Outdoor)
- Segmentation of Global Smart Parcel Locker Market by Application (Commercial Buildings, Universities and Colleges, Condos and Apartments Retail BOPIS, Others)
- Statistical Snap of Global Smart Parcel Locker Market
- Expansion Analysis of Global Smart Parcel Locker Market
- Problems and Obstacles in Global Smart Parcel Locker Market
- Competitive Landscape in the Global Smart Parcel Locker Market
- Impact of COVID-19 and Demonetization on Global Smart Parcel Locker Market
- Details on Current Investment in Global Smart Parcel Locker Market
- Competitive Analysis of Global Smart Parcel Locker Market
- Prominent Players in the Global Smart Parcel Locker Market
- SWOT Analysis of Global Smart Parcel Locker Market
- Global Smart Parcel Locker Market Future Outlook and Projections (FY’2024-FY’2033)
- Recommendations from Analyst
1. Introduction
1.1. Scope of the report1.2. Market segment analysis
2. Research Methodology
2.1. Research data source
2.1.1. Secondary Data2.1.2. Primary Data2.1.3. SPER’s internal database2.1.4. Premium insight from KOL’s
2.2. Market size estimation
2.2.1. Top-down and Bottom-up approach
2.3. Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis
4.1.1. Drivers4.1.2. Restraints4.1.3. Opportunities4.1.4. Challenges
4.2. COVID-19 Impacts of the Global Smart Parcel Locker Market.
5. Market variable and outlook
5.1. SWOT Analysis
5.1.1. Strengths
5.1.2. Weaknesses
5.1.3. Opportunities
5.1.4. Threats
5.2. PESTEL Analysis
5.2.1. Political Landscape
5.2.2. Economic Landscape
5.2.3. Social Landscape
5.2.4. Technological Landscape
5.2.5. Environmental Landscape
5.2.6. Legal Landscape
5.3. PORTER’s Five Forces
5.3.1. Bargaining power of suppliers
5.3.2. Bargaining power of buyers
5.3.3. Threat of Substitute
5.3.4. Threat of new entrant
5.3.5. Competitive rivalry
5.4. Heat Map Analysis
6. Competitive Landscape
6.1. Global Smart Parcel Locker Market Manufacturing Base Distribution, Sales Area, Product Type6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Global Smart Parcel Locker Market
7. Global Smart Parcel Locker Market, By Product Type (USD Million) 2020-2033
7.1. Global Smart Parcel Locker Market Size, Share and Forecast, By Product Type, 2020-20267.2. Global Smart Parcel Locker Market Size, Share and Forecast, By Product Type, 2027-20337.3. Postal Lockers7.4. Cooling lockers For Fresh Food7.5. Modular Parcel Lockers7.6. Laundry Lockers
8. Global Smart Parcel Locker Market, By Deployment (USD Million) 2020-2033
8.1. Global Smart Parcel Locker Market Size, Share and Forecast, By Deployment, 2020-20268.2. Global Smart Parcel Locker Market Size, Share and Forecast, By Deployment, 2027-20338.3. Indoor8.4. Outdoor
9. Global Smart Parcel Locker Market, By Application (USD Million) 2020-2033
9.1. Global Smart Parcel Locker Market Size, Share and Forecast, By Application, 2020-20269.2. Global Smart Parcel Locker Market Size, Share and Forecast, By Application, 2027-20339.3. Commercial Buildings9.4. Universities and Colleges9.5. Condos and Apartments9.6. Retail BOPIS9.7. Others
10. Global Smart Parcel Locker Market Forecast, 2020-2033 (USD Million)
10.1. Global Smart Parcel Locker Market Size and Market Share
11. Global Smart Parcel Locker Market, By Region, 2020-2033 (USD Million)
11.1. Global Smart Parcel Locker Market Size and Market Share By Region (2020-2026)11.2. Global Smart Parcel Locker Market Size and Market Share By Region (2027-2033)11.3. Asia-Pacific
11.3.1. Australia11.3.2. China11.3.3. India11.3.4. Japan11.3.5. South Korea11.3.6. Rest of Asia-Pacific
11.4. Europe
11.4.1. France11.4.2. Germany11.4.3. Italy11.4.4. Spain11.4.5. United Kingdom11.4.6. Rest of Europe
11.5. Middle East and Africa
11.5.1. Kingdom of Saudi Arabia11.5.2. United Arab Emirates11.5.3. Qatar11.5.4. South Africa11.5.5. Egypt11.5.6. Morocco11.5.7. Nigeria11.5.8. Rest of Middle-East and Africa
11.6. North America
11.6.1. Canada11.6.2. Mexico11.6.3. United States
11.7. Latin America
11.7.1. Argentina11.7.2. Brazil11.7.3. Rest of Latin America
12. Company Profile
12.1. ABELL INTERNATIONAL PTE LTD
12.1.1. Company details12.1.2. Financial outlook12.1.3. Product summary12.1.4. Recent developments
12.2. ALPHA CORPORATION
12.2.1. Company details12.2.2. Financial outlook12.2.3. Product summary12.2.4. Recent developments
12.3. CLEVERON AS
12.3.1. Company details12.3.2. Financial outlook12.3.3. Product summary12.3.4. Recent developments
12.4. DEBOURGH
12.4.1. Company details12.4.2. Financial outlook12.4.3. Product summary12.4.4. Recent developments
12.5. FOCUS ACTION SDN BHD
12.5.1. Company details12.5.2. Financial outlook12.5.3. Product summary12.5.4. Recent developments
12.6. KERN LIMITED
12.6.1. Company details12.6.2. Financial outlook12.6.3. Product summary12.6.4. Recent developments
12.7. SHENZHEN ZHILAI SCI AND TECH CO
12.7.1. Company details12.7.2. Financial outlook12.7.3. Product summary12.7.4. Recent developments
12.8. VIOLANTA
12.8.1. Company details12.8.2. Financial outlook12.8.3. Product summary12.8.4. Recent developments
12.9. XIAMEN HEADLEADER TECHNOLOGY CO., LTD
12.9.1. Company details12.9.2. Financial outlook12.9.3. Product summary12.9.4. Recent developments
12.10. Others
13. Conclusion
14. List of Abbreviations
15. Reference Links
SPER Market Research’s methodology uses great emphasis on primary research to ensure that the market intelligence insights are up to date, reliable and accurate. Primary interviews are done with players involved in each phase of a supply chain to analyze the market forecasting. The secondary research method is used to help you fully understand how the future markets and the spending patterns look likes.
The report is based on in-depth qualitative and quantitative analysis of the Product Market. The quantitative analysis involves the application of various projection and sampling techniques. The qualitative analysis involves primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes are validated through experts opinion. Our research methodology entails an ideal mixture of primary and secondary initiatives.
Frequently Asked Questions About This Report
Smart Parcel Locker Market is projected to reach USD 2872.22 million by 2033, growing at a CAGR of 12.53 % during the forecast period.
Smart Parcel Locker Market grew in Market size from 2024. The Market is expected to reach USD 2872.22 million by 2033, at a CAGR of 12.53 % during the forecast period.
Smart Parcel Locker Market CAGR of 12.53 % during the forecast period.
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Smart Parcel Locker Market size is USD 2872.22 million from 2024 to 2033.
Smart Parcel Locker Market is covered By Product Type, By Deployment, By Application.
The North America is anticipated to have the highest Market share in the Smart Parcel Locker Market.
The key players in the Market include Companies Covered ABELL INTERNATIONAL PTE LTD, ALPHA CORPORATION, CLEVERON AS, DEBOURGH, FOCUS ACTION SDN BHD, KERN LIMITED, SHENZHEN ZHILAI SCI AND TECH CO, VIOLANTA, XIAMEN HEADLEADER TECHNOLOGY CO, LTD.
We can securely and effectively manage package pickup and delivery thanks to smart parcel lockers. This streamlines the reverse logistics process, as it is called in the industry, which involves returning things.
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