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Parcel Sorting System Market Share

Report ID: GMI6461
Published Date: Aug 2023
Report Format: PDF

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Parcel sorting system Market Share

Major companies operating in the parcel sorting system market are :

Beumer Group
Daifuku Co. Ltd
Dematic
Equinox
Honeywell International Inc,
Interroll Group
Koerber AG
Pitney Bowes Inc
Vanderlande Industries B.V.

Authors: Preeti Wadhwani

Frequently Asked Questions (FAQ) :

The market size for parcel sorting system was valued at USD 1.9 billion in 2022 and is anticipated to grow at a CAGR of over 7% between 2023 and 2032m driven by the increasing competition and focus on differentiation.

The retail & e-commerce segment held around 20% market share in 2022, on account of the ability of parcel sorting systems to meet the fast-paced demands of online retail, expedite order fulfillment, and offer reliable shipping options.

North America accounted for over 30% market share in 2022 and expected to grow at a significant CAGR through 2032, due to the region's robust e-commerce landscape and technological advancements.

Beumer Group, Daifuku Co. Ltd, Dematic, Equinox, Honeywell International Inc, Interroll Group, Koerber AG, Pitney Bowes Inc, and Vanderlande Industries B.V.