Automated parcel delivery terminal is an ultramodern delivery solution, developed to simplify present-day logistic operations. These are the individual units, which are deployed in populated areas such as shopping malls, walkways, grocery outlets, railway stations, etc. These terminals allow receiver to collect and return parcel as per their suitability 24/7. Furthermore, e-commerce and cross-border delivery is expected to boost the market growth.
This research report on the global automated parcel delivery terminals market offers detailed scrutiny of the parcel terminals and helps understanding the driving factors behind the attractiveness of automated parcel delivery terminals in the market. It also offers scrutiny of major sub-segments of the global automated parcel delivery terminals market for the forecast period. This report comprises extensive exploration of various aspects such as drivers, restraining factors, potential growth opportunities, current market trends, and industry structure. The study also offers an inclusive evaluation of stakeholder strategies and essentials for succeeding in the business.
The large amount of human interference required in conventional parcel distribution systems can make it difficult to distribute parcels on time to consumers during the festivals, holidays and in bad weather. These failures of orthodox distribution systems, coupled with an increase in volume of parcel and numbers, have generated the demand for substitute delivery solutions, thereby being the prime factor for the growth in automated parcel delivery terminals and other such delivery systems.
Automated parcel delivery terminal offers consistent service to users irrespective of weather and other concerns. This not only facilitates easy return process for consumers to drop off parcels at the automated parcel delivery terminals, but also increases the suitability for delivery services to transport parcels.
However, lessening human interference can also create concerns in terms of package security and integrity. The smooth operation and reliability of a supply service that uses automated delivery terminals is more concerned about convenience, hence consumers are more comfortable if the parcel is supplied to their doorstep.
The global automated parcel delivery terminals market can be segmented on the basis of development types, ownership and geography. On the basis of development types, the global automated parcel delivery terminals market is segmented into outdoor terminals and indoor terminals. On the basis of ownership, the global automated parcel delivery terminals market is segmented into logistic companies, retailers, and government organizations among others.
In terms of geography, the global automated parcel delivery terminals market is divided into North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. European region dominates the automated parcel delivery terminals market. The progress of this market in Europe has always been strong and is expected to continue owing to the sturdy surge in the number of products and accessible e-services. Followed by Europe, North America leads the market and is expected to be the fastest growing region in the forecast period. Though North America has an established e-commerce as a conventional shopping process, the total volume of various products is expected to downpour e-commerce sector in the forecast period. This is expected to boost the automated parcel delivery terminals market. Most of the consumers favor automated parcel delivery terminals over traditional doorstep distribution solutions owing to the interruptions that can be caused by the holiday, volume of parcels, and weather.
The global automated parcel delivery terminals market is anticipated to witness a soaring competition in the near future owing to the entry of large number of local and generic manufacturers. Key players operating in the global automated parcel delivery terminals market include Keba AG, Neopost group, Cleveron Ltd. Winnsen Industry Co., Ltd., InPost S.A., Smartbox Ecommerce Solutions Pvt. Ltd., ByBox Holdings Ltd., TZ Ltd., ENGY Company, LL OPTIC (Loginpost) among others.