Global Packet & Parcel Sorting System Market Report, History and Forecast 2017-2028

Market Analysis and Insights: Global Packet & Parcel Sorting System Market

The research report studies the Packet & Parcel Sorting System market using different methodologies and analyses to provide accurate and in-depth information about the market. For a clearer understanding, it is divided into several parts to cover different aspects of the market. Each area is then elaborated to help the reader comprehend the growth potential of each region and its contribution to the global market. The researchers have used primary and secondary methodologies to collate the information in the report. They have also used the same data to generate the current market scenario. This report is aimed at guiding people towards an apprehensive, better, and clearer knowledge of the market.

Due to the COVID-19 pandemic, the global Packet & Parcel Sorting System market size was value at US$ 3,750.28 million in 2021 and is forecast to be a readjusted size of US$ 8,871.27 million by 2028 with a CAGR of 13.14% during the forecast period 2022-2028.

The global main companies of Packet & Parcel Sorting System include Interroll, Honeywell, Vanderlande, Dematic (KION), Beumer, Körber, Intralox, Damon Technology, and Okura, etc. In 2021, the global six largest players have a share approximately 36.20% in terms of revenue.

The North America Packet & Parcel Sorting System market size was US$ 898.76 million in 2021, while China was US$ 930.64 million. The proportion of the China was 24.82% in 2021 and it is predicted that the share will reach 30.28% in 2028, trailing a CAGR of 16.35% through the analysis period. As for the Europe Packet & Parcel Sorting System landscape, Germany is projected to reach US$ 561.24 million by 2028. and in Asia, the notable markets are Japan and South Korea, CAGR is 11.02% and 12.90% respectively for the next 6-year period.

Fully considering the economic change by the COVID-19, Linear Sorter accounting for 52.29% of the Packet & Parcel Sorting System global market in 2021, is projected to value US$ 4,389.99 million by 2028, growing at a revised 12.34% CAGR from 2022 to 2028. While E-commerce segment is altered to a 14.51% CAGR throughout this forecast period and will hold a share about 41.55% in 2028.

Global Packet & Parcel Sorting System Scope and Segment

The global Packet & Parcel Sorting System market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global Packet & Parcel Sorting System market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by region (country), by Type, and by Application for the period 2017-2028.

Segment by Type

Linear Sorter

Loop Sorter

Segment by Application

E-commerce

Third-party Logistic Companies

Postal Operators

Airport

Food and Beverage

Others

By Company

Interroll

Honeywell

Vanderlande

Dematic (KION)

Beumer

Körber

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

By Region

North America

United States

Canada

Mexico

Asia-Pacific

China

Japan

India

Southeast Asia

Korea

Australia

Europe

Germany

France

UK

Italy

Russia

South America

Brazil

Middle East & Africa

GCC Countries

South Africa

Turkey