Global Postage Meter Machine Market Growth 2023-2029

Global Postage Meter Machine Market Growth 2023-2029

A postage meter machine or franking machine is a mechanical device used to create and apply physical evidence of postage (or franking) to mailed matter. Postage meters are regulated by a country's postal authority. A postage meter imprints an amount of postage, functioning as a postage stamp, a cancellation and a dated postmark all in one. The meter stamp serves as proof of payment and eliminates the need for adhesive stamps.
LPI (LP Information)' newest research report, the “Postage Meter Machine Industry Forecast” looks at past sales and reviews total world Postage Meter Machine sales in 2022, providing a comprehensive analysis by region and market sector of projected Postage Meter Machine sales for 2023 through 2029. With Postage Meter Machine sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Postage Meter Machine industry.
This Insight Report provides a comprehensive analysis of the global Postage Meter Machine 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 Postage Meter Machine portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Postage Meter Machine market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Postage Meter Machine 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 Postage Meter Machine.
The global Postage Meter Machine market size is projected to grow from US$ 145.3 million in 2022 to US$ 166.5 million in 2029; it is expected to grow at a CAGR of 166.5 from 2023 to 2029.
The main global Postage Meter Machine players include Pitney Bowes, Francotyp-Postalia, Quadient, etc. The top three Postage Meter Machine players account for approximately 75% of the total market. Americas is the largest consumer market for Postage Meter Machine, accounting for about 42%, followed by Europe and Asia-Pacific. In terms of type, Low Volume: Below 100 Items is the largest segment, with a share over 63%. And in terms of application, the largest application is Large Businesses, followed by Medium-sized Businesses.
This report presents a comprehensive overview, market shares, and growth opportunities of Postage Meter Machine market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Low Volume: Below 100 Items
Mid Volume: 100-500 Items
High Volume: More than 500 Items
Segmentation by application
Large Businesses
Medium-sized Businesses
Small Businesses
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.
Pitney Bowes
Francotyp-Postalia
Quadient
Frama
Data-Pac
Gongda Pute
Hunan Copote Science & Technology

Key Questions Addressed in this Report
What is the 10-year outlook for the global Postage Meter Machine market?
What factors are driving Postage Meter Machine market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Postage Meter Machine market opportunities vary by end market size?
How does Postage Meter Machine break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?

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