Parcel Sorter Market Size, Share, Growth and Global Industry Analysis By Type & Application, Regional Insights and Forecast to 2024-2032
Growth Factors of Parcel Sorter Market
The parcel sorter market size was valued at USD 3.00 billion in 2021, and the market is now projected to grow from USD 3.30 billion in 2022 to USD 6.70 billion by 2029, exhibiting a CAGR of 10.6% during the forecast period of 2022-2029.
The partial or world-wide complete lockdown due to COVID-19 occurrence caused in the downfall of numerous manufacturing procedures. Additionally, halted construction interrelated activities, manufacturing services, and interruption in supply chain adversely obstructed the market progression. The key parcel sorter performers observed a significant surge in the proceeds generated during 2020.
A development in e-commerce industry is anticipated to drive the development of the worldwide market of parcel sorter. The growing internet penetration with the easiness of virtual shopping have led to a rise in the number of products ordered online. Also, with the growth in emphasis of entities to buy products through online platforms, the demand for packet sorter systems upsurges.
Now, significant performers are aiming on presenting technological improvements with Artificial Intelligence (AI) based systems, 3D machine vision to strengthen the market rivalry. The machines can be used across numerous industry verticals such as logistics, e-commerce, pharmaceuticals, and among others. These machines are AI powered and upsurge the output of machines. The systems can identify parcels, envelopes, and even bags of several shapes, resources, and texture as well as their place, measurement, and alignment. The machines have been announced with technological developments, which is anticipated to enhance the parcel sorter market growth.
Comprehensive Analysis of Parcel Sorter Market
The market can be segmented in various ways, depending on the focus of analysis such as by type, by direction and by end-user. Based on type, the market is classified into cross belt sorter, shoe sorter, till tray sorter, pusher sorter, and others. Based on direction, the market is categorized into linear parcel sortation system and loop parcel sortation system. Based on end-user, the market is categorized into logistics, e-commerce, pharmaceutical & medical supply, airports, food & beverages, and others.
Asia Pacific region is dominating the parcel sorter market share due to varying client performances and growing disposable income of end-users.
The key players are enthusiastically contributing in planned events that are targeted at maintaining durable market position and growing market share by merger, partnerships and others. These players include Koerber AG (U.S.), Beumer Group (Germany), Pitney Bowes Inc (U.S.), Vanderlande Industries B.V. (Netherlands), Dematic (Kion Group AG) (Netherlands), Honeywell International Inc (U.S.), Interroll Group (Switzerland), Intralox (Netherlands), Fives Group (France), National Presort Inc (U.S.) these market players spending severely on research and development in order to arise with more new technology so that they can maintain and improve their existing market.
In February 2022, Korber AG attained Siemens Logistics, a subsidiary of Siemens AG. Siemens Logistics deals in the worldwide mail and parcel business. The achievement was done for roughly USD 569 million.
Segmentation Table
ATTRIBUTE
DETAILS
Study Period
2018 – 2029
Base Year
2021
Estimated Year
2022
Forecast Period
2022 – 2029
Historical Period
2018 – 2020
Unit
Value (USD billion)
Segmentation
By Type, Direction, End-user, and Region
By Type
Cross Belt Sorter
Shoe Sorter
Till Tray Sorter
Pusher Sorter
Others (Paddle Sorter, Parcel Singulator)
By Direction
Linear Parcel Sortation System
Loop Parcel Sortation System
By End-user
Logistics
E-commerce
Pharmaceutical & Medical Supply
Airports
Food & Beverages
Others
By Region
North America (Type, Direction, End-user, and Country)
- U.S. (By Direction)
- Canada (By Direction)
- Mexico (By Direction)
- Germany (By Direction)
- U.K. (By Direction)
- France (By Direction)
- Italy (By Direction)
- Rest of Europe
- China (By Direction)
- Japan (By Direction )
- India (By Direction )
- South Korea (By Direction)
- Rest of Asia Pacific
- GCC Countries (By Direction )
- South Africa (By Direction )
- Rest of Middle East and Africa
- Brazil (By Direction )
- Argentina (By Direction)
- Rest of Latin America
- 1. Introduction
- 1.1. Definition, By Segment
- 1.2. Research Methodology/Approach
- 1.3. Data Sources
- 2. Executive Summary
- 3. Market Dynamics
- 3.1. Macro and Micro Economic Indicators
- 3.2. Drivers, Restraints, Opportunities and Trends
- 3.3. Impact of COVID-19
- 3.3.1. Short-term Impact
- 3.3.2. Long-term Impact
- 4. Competition Landscape
- 4.1. Business Strategies Adopted by Key Players
- 4.2. Consolidated SWOT Analysis of Key Players
- 4.3. Global Parcel Sorter Market Key Players Market Share Insights and Analysis, 2021
- 5. Global Parcel Sorter Market Size Estimates and Forecasts (Quantitative Data), By Segments, 2018-2029
- 5.1. Key Findings
- 5.2. By Type(USD)
- 5.2.1. Cross Belt Sorter
- 5.2.2. Shoe Sorter
- 5.2.3. Till Tray Sorter
- 5.2.4. Pusher Sorter
- 5.2.5. Others (Puller Sorter, etc)
- 5.3. By Direction (USD)
- 5.3.1. Linear Parcel Sortation System
- 5.3.2. Loop Parcel Sortation System
- 5.4. By End User (USD)
- 5.4.1. Logistics
- 5.4.2. E-commerce
- 5.4.3. Pharmaceutical & Medical Supply
- 5.4.4. Airports
- 5.4.5. Food & Beverages
- 5.4.6. Others (Healthcare, etc)
- 5.5. By Region (USD)
- 5.5.1. North America
- 5.5.2. Europe
- 5.5.3. Asia Pacific
- 5.5.4. Latin America
- 5.5.5. Middle East and Africa
- 6. North America Parcel Sorter Market Size Estimates and Forecasts (Quantitative Data), By Segments, 2018-2029
- 6.1. Key Findings
- 6.2. By Type(USD)
- 6.2.1. Cross Belt Sorter
- 6.2.2. Shoe Sorter
- 6.2.3. Till Tray Sorter
- 6.2.4. Pusher Sorter
- 6.2.5. Others (Puller Sorter, etc)
- 6.3. By Direction (USD)
- 6.3.1. Linear Parcel Sortation System
- 6.3.2. Loop Parcel Sortation System
- 6.4. By End User (USD)
- 6.4.1. Logistics
- 6.4.2. E-commerce
- 6.4.3. Pharmaceutical & Medical Supply
- 6.4.4. Airports
- 6.4.5. Food & Beverages
- 6.4.6. Others (Healthcare, etc)
- 6.5. By Country (USD)
- 6.5.1. U.S.
- 6.5.1.1. Direction
- 6.5.1.1.1. Linear Parcel Sortation System
- 6.5.1.1.2. Loop Parcel Sortation System
- 6.5.2. Canada
- 6.5.2.1. Direction
- 6.5.2.1.1. Linear Parcel Sortation System
- 6.5.2.1.2. Loop Parcel Sortation System
- 6.5.3. Mexico
- 6.5.3.1. Direction
- 6.5.3.1.1. Linear Parcel Sortation System
- 6.5.3.1.2. Loop Parcel Sortation System
- 7. Europe Parcel Sorter Market Size Estimates and Forecasts (Quantitative Data), By Segments, 2018-2029
- 7.1. Key Findings
- 7.2. By Type(USD)
- 7.2.1. Cross Belt Sorter
- 7.2.2. Shoe Sorter
- 7.2.3. Till Tray Sorter
- 7.2.4. Pusher Sorter
- 7.2.5. Others (Puller Sorter, etc)
- 7.3. By Direction (USD)
- 7.3.1. Linear Parcel Sortation System
- 7.3.2. Loop Parcel Sortation System
- 7.4. By End User (USD)
- 7.4.1. Logistics
- 7.4.2. E-commerce
- 7.4.3. Pharmaceutical & Medical Supply
- 7.4.4. Airports
- 7.4.5. Food & Beverages
- 7.4.6. Others (Healthcare, etc)
- 7.5. By Country (USD)
- 7.5.1. Germany
- 7.5.1.1. Direction
- 7.5.1.1.1. Linear Parcel Sortation System
- 7.5.1.1.2. Loop Parcel Sortation System
- 7.5.2. U.K.
- 7.5.2.1. Direction
- 7.5.2.1.1. Linear Parcel Sortation System
- 7.5.2.1.2. Loop Parcel Sortation System
- 7.5.3. France
- 7.5.3.1. Direction
- 7.5.3.1.1. Linear Parcel Sortation System
- 7.5.3.1.2. Loop Parcel Sortation System
- 7.5.4. Italy
- 7.5.4.1. Direction
- 7.5.4.1.1. Linear Parcel Sortation System
- 7.5.4.1.2. Loop Parcel Sortation System
- 7.5.5. Rest of Europe
- 8. Asia-Pacific Parcel Sorter Market Size Estimates and Forecasts (Quantitative Data), By Segments, 2018-2029
- 8.1. Key Findings
- 8.2. By Type(USD)
- 8.2.1. Cross Belt Sorter
- 8.2.2. Shoe Sorter
- 8.2.3. Till Tray Sorter
- 8.2.4. Pusher Sorter
- 8.2.5. Others (Puller Sorter, etc)
- 8.3. By Direction (USD)
- 8.3.1. Linear Parcel Sortation System
- 8.3.2. Loop Parcel Sortation System
- 8.4. By End User (USD)
- 8.4.1. Logistics
- 8.4.2. E-commerce
- 8.4.3. Pharmaceutical & Medical Supply
- 8.4.4. Airports
- 8.4.5. Food & Beverages
- 8.4.6. Others (Healthcare, etc)
- 8.5. By Country (USD)
- 8.5.1. China
- 8.5.1.1. Direction
- 8.5.1.1.1. Linear Parcel Sortation System
- 8.5.1.1.2. Loop Parcel Sortation System
- 8.5.2. India
- 8.5.2.1. Direction
- 8.5.2.1.1. Linear Parcel Sortation System
- 8.5.2.1.2. Loop Parcel Sortation System
- 8.5.3. Japan
- 8.5.3.1. Direction
- 8.5.3.1.1. Linear Parcel Sortation System
- 8.5.3.1.2. Loop Parcel Sortation System
- 8.5.4. South Korea
- 8.5.4.1. Direction
- 8.5.4.1.1. Linear Parcel Sortation System
- 8.5.4.1.2. Loop Parcel Sortation System
- 8.5.5. Rest of Asia Pacific
- 9. Middle East & Africa Parcel Sorter Market Size Estimates and Forecasts (Quantitative Data), By Segments, 2018-2029
- 9.1. Key Findings
- 9.2. By Type(USD)
- 9.2.1. Cross Belt Sorter
- 9.2.2. Shoe Sorter
- 9.2.3. Till Tray Sorter
- 9.2.4. Pusher Sorter
- 9.2.5. Others (Puller Sorter, etc)
- 9.3. By Direction (USD)
- 9.3.1. Linear Parcel Sortation System
- 9.3.2. Loop Parcel Sortation System
- 9.4. By End User (USD)
- 9.4.1. Logistics
- 9.4.2. E-commerce
- 9.4.3. Pharmaceutical & Medical Supply
- 9.4.4. Airports
- 9.4.5. Food & Beverages
- 9.4.6. Others (Healthcare, etc)
- 9.5. By Country (USD)
- 9.5.1. GCC
- 9.5.1.1. Direction
- 9.5.1.1.1. Linear Parcel Sortation System
- 9.5.1.1.2. Loop Parcel Sortation System
- 9.5.2. South Africa
- 9.5.2.1. Direction
- 9.5.2.1.1. Linear Parcel Sortation System
- 9.5.2.1.2. Loop Parcel Sortation System
- 9.5.3. Rest of Middle East & Africa
- 10. Latin America Parcel Sorter Market Size Estimates and Forecasts (Quantitative Data), By Segments, 2018-2029
- 10.1. Key Findings
- 10.2. By Type(USD)
- 10.2.1. Cross Belt Sorter
- 10.2.2. Shoe Sorter
- 10.2.3. Till Tray Sorter
- 10.2.4. Pusher Sorter
- 10.2.5. Others (Puller Sorter, etc)
- 10.3. By Direction (USD)
- 10.3.1. Linear Parcel Sortation System
- 10.3.2. Loop Parcel Sortation System
- 10.4. By End User (USD)
- 10.4.1. Logistics
- 10.4.2. E-commerce
- 10.4.3. Pharmaceutical & Medical Supply
- 10.4.4. Airports
- 10.4.5. Food & Beverages
- 10.4.6. Others (Healthcare, etc)
- 10.5. By Country (USD)
- 10.5.1. Brazil
- 10.5.1.1. Direction
- 10.5.1.1.1. Linear Parcel Sortation System
- 10.5.1.1.2. Loop Parcel Sortation System
- 10.5.2. Argentina
- 10.5.2.1. Direction
- 10.5.2.1.1. Linear Parcel Sortation System
- 10.5.2.1.2. Loop Parcel Sortation System
- 10.5.3. Rest of Latin America
- 11. Company Profiles for Top 10 Players (Based on data availability in public domain and/or on paid databases)
- 11.1. Beumer Group
- 11.1.1. Overview
- 11.1.2. Offerings/Business Segments
- 11.1.3. Employee Size
- 11.1.4. Key Financials
- 11.1.5. Recent Developments
- 11.2. Koerber AG
- 11.2.1. Overview
- 11.2.2. Offerings/Business Segments
- 11.2.3. Employee Size
- 11.2.4. Key Financials
- 11.2.5. Recent Developments
- 11.3. Pitney Bowes Inc
- 11.3.1. Overview
- 11.3.2. Offerings/Business Segments
- 11.3.3. Employee Size
- 11.3.4. Key Financials
- 11.3.5. Recent Developments
- 11.4. Vanderlande Industries B.V.
- 11.4.1. Overview
- 11.4.2. Offerings/Business Segments
- 11.4.3. Employee Size
- 11.4.4. Key Financials
- 11.4.5. Recent Developments
- 11.5. Dematic (Kion Group AG)
- 11.5.1. Overview
- 11.5.2. Offerings/Business Segments
- 11.5.3. Employee Size
- 11.5.4. Key Financials
- 11.5.5. Recent Developments
- 11.6. Honeywell International Inc
- 11.6.1. Overview
- 11.6.2. Offerings/Business Segments
- 11.6.3. Employee Size
- 11.6.4. Key Financials
- 11.6.5. Recent Developments
- 11.7. Interroll Group
- 11.7.1. Overview
- 11.7.2. Offerings/Business Segments
- 11.7.3. Employee Size
- 11.7.4. Key Financials
- 11.7.5. Recent Developments
- 11.8. Intralox
- 11.8.1. Overview
- 11.8.2. Offerings/Business Segments
- 11.8.3. Employee Size
- 11.8.4. Key Financials
- 11.8.5. Recent Developments
- 11.9. Fives Group
- 11.9.1. Overview
- 11.9.2. Offerings/Business Segments
- 11.9.3. Employee Size
- 11.9.4. Key Financials
- 11.9.5. Recent Developments
- 11.10. National Presort Inc
- 11.10.1. Overview
- 11.10.2. Offerings/Business Segments
- 11.10.3. Employee Size
- 11.10.4. Key Financials
- 11.10.5. Recent Developments
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