Global Postage Meters Market Growth 2023-2029

Global Postage Meters Market Growth 2023-2029

A postage meter 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 Meters Industry Forecast” looks at past sales and reviews total world Postage Meters sales in 2022, providing a comprehensive analysis by region and market sector of projected Postage Meters sales for 2023 through 2029. With Postage Meters sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Postage Meters industry.
This Insight Report provides a comprehensive analysis of the global Postage Meters 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 Meters portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Postage Meters market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Postage Meters 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 Meters.
The global Postage Meters market size is projected to grow from US$ 147.5 million in 2022 to US$ 166.7 million in 2029; it is expected to grow at a CAGR of 166.7 from 2023 to 2029.
Postage meters are mainly manufactured and sold by Quadient, Pitney Bowes, Francotyp-Postalia, Frama and Data-Pac, and these companies occupied over 93% market share in 2019, among which Quadient is in the top position with nearly 33% market share.
Segmented by region, North America is the largest consumption area of global Postage Meters market, with a market share of over 39%. Listed behind was Europe’s about 32% market share.
By application, Postage Meters could be categorized into segments of Large Businesses, Medium-sized Businesses and Small Businesses. In 2019, Large Businesses led a dominating position by occupying over 68% of global market.
This report presents a comprehensive overview, market shares, and growth opportunities of Postage Meters 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.
Quadient
Pitney Bowes
Francotyp-Postalia
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 Meters market?
What factors are driving Postage Meters market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Postage Meters market opportunities vary by end market size?
How does Postage Meters 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.