Astute Analytica published a new report deciphering the Global Parcel Delivery Locker Market, the report provides detailed analysis and meaningful insights of important aspects required to shape the growth of the market. It unmasked the prominent growth drivers, restraint factors, challenges, opportunity analysis, and trends, along with other indispensable factors including the geographical outlook, current and prospective scenario of competitive landscape and market vendors. The report also contains a detailed analysis of market size and segmentation along with determinants representing the dominating segments.
Global Parcel Delivery Locker Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and also about each type from 2017 to 2027. This section mentions the volume of production by region from 2017 to 2027.
The rising e-commerce industry has strengthened the demand for parcel delivery lockers. It has become a necessity for logistics companies to offer convenient delivery to their users. Since parcels are delivered to a specific locker location and not in the form of door-to-door delivery, the parcel delivery locker system has come out to be a cost and time effective delivery process. Parcel delivery locker market is currently valued to be around US$ 500 billion industry and is expected to grow at an approx. CAGR of 11.6% in the forecast period 2021-2027.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.
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Segmentation of Parcel Delivery Lockers Market:
The Parcel Delivery Lockers Market has been segmented based on product, application and region. These major segments are further categorized into sub-segments to study the market in detail.
- One Side Locker
- Double Side Locker
- Multi-family Housing
- Commercial Mailroom Automation
- Supply chain & Logistic
- Postal Operators
- North America
- Asia Pacific
- South America
- Middle East and Africa
Global Parcel Delivery Locker Market: Competitive Landscape:
The report also focuses on global major leading industry players of the Global Parcel Delivery Locker Market Share providing information such as company profiles, product picture and specification, capacity, production, price, cost, revenue and contact information. Upstream raw materials and equipment and downstream demand analysis is also carried out. This research provides key statistics on the state of the industry and is a valuable source of guidance and direction for companies and individuals interested in the market.
The major players in the market include:
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Key market insights
The last mile element of parcel delivery is the most expensive stage, typically accounting for 35-50% of total costs. Parcel lockers offer a convenient last-mile delivery solution for consumers, retailers and parcel carriers which has the potential to reduce overall costs significantly by transforming a series of fragmented home deliveries into a single consolidated drop and pick-up at one location.