Global Packet & Parcel Sorting System Market Growth (Status and Outlook) 2023-2029

Global Packet & Parcel Sorting System Market Growth (Status and Outlook) 2023-2029

To ensure that parcels and parcels reach the desired address as quickly and reliably as possible, the sorting center needs efficient and flexible solutions to optimize and automate the process. Various sorter systems have many types of equipment, such as Cross Belt Sorter, Shoe Sorter, Tilt Tray Sorter and other types.
The Packet & Parcel Sorting System market covers Shoe Sorter, Cross Belt Sorter, etc. The typical players include Beumer Group, Siemens, Dematic (KION), Honeywell, etc.
LPI (LP Information)' newest research report, the “Packet & Parcel Sorting System Industry Forecast” looks at past sales and reviews total world Packet & Parcel Sorting System sales in 2022, providing a comprehensive analysis by region and market sector of projected Packet & Parcel Sorting System sales for 2023 through 2029. With Packet & Parcel Sorting System sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Packet & Parcel Sorting System industry.
This Insight Report provides a comprehensive analysis of the global Packet & Parcel Sorting System landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Packet & Parcel Sorting System portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Packet & Parcel Sorting System market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Packet & Parcel Sorting System and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Packet & Parcel Sorting System.
The global Packet & Parcel Sorting System market size is projected to grow from US$ 3497.5 million in 2022 to US$ 8317.7 million in 2029; it is expected to grow at a CAGR of 13.2% from 2023 to 2029.
Global key players of packet & parcel sorting system include Interroll, Honeywell, Vanderlande Industries, Dematic (KION), Beumer Group and Siemens, etc. Top 5 players occupy for a share about 30%. Asia-Pacific is the largest market, with a share about 50%, followed by Europe and Americas. In terms of product, cross belt sorter is the largest segment, with a share over 28%. In terms of application, e-commerce is the largest market, with a share over 35%.
This report presents a comprehensive overview, market shares, and growth opportunities of Packet & Parcel Sorting System market by product type, application, key players and key regions and countries.
Market Segmentation:
Segmentation by type
Shoe Sorter
Cross Belt Sorter
Tilt Tray Sorter
Others
Segmentation by application
E-commerce
Third-party Logistic Companies
Postal Operators
Airport
Food and Beverage
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Interroll
Honeywell Intelligrated
Vanderlande
Dematic (KION)
Beumer
Siemens
Intralox
Damon Technology
Okura
Fives Group
Murata
OMH
TGW
Toshiba
NEC Corporation
Bastian Solutions
Hytrol
SOLYSTIC
Böwe Systec
National Presort
Viastore
Invata Intralogisitcs
MHS
Kengic

Please note: The report will take approximately 2 business days to prepare and deliver.