Parcel Sortation Systems Market Growth, Size | Forecast 2031
Parcel Sortation Systems Market Growth, Size | Forecast 2031
Segments - Parcel Sortation Systems Market by Type (Linear Sorters [Shoe Sorters, Vertical Belt Sorters, Small Parcel Sorters, Paddle Sorters, and Pusher Sorters] and Loop Sorters [Cross-Belt Sorters, Tilt Tray Sorters, and Bomb Bay Sorters]), End-user (Airports, Food & Beverage, E-commerce, Manufacturing, Warehouses, Logistics, and Others), and Region (Asia Pacific, North America, Latin America, Europe, and Middle East & Africa) - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast 2023 – 2031
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| Report ID :AL-5269
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| 202 Pages
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Report Description
The global parcel sortation systems market size was valued at USD 3.34 Bn in 2022 and is likely to reach USD 7.89 Bn by 2031, expanding at a CAGR of 10.7% during 2023–2031. The rising demand for high-efficiency automated package sorting solutions from the end-use industries is expected to drive the market.
A parcel sortation system is an automated system that separates parcels, packages, and materials of different sizes depending on the system’s capability and manufacturer’s requirements. Distribution centers and post & couriers offices widely used it to separate the items according to the size and weight.
The parcel sortation system consists of a conveyor belt, remote controls, software control, and roller. The conveyor belt is a crucial part of the parcel sortation system as it carries the parcels on top of it. The system is categorized based on its functioning mechanism and applications. The sorted goods are further categorized according to the logistics requirements for the second stage of packing, shipping, and delivery purposes.
Airports and harbors require to separate the passengers’ luggage. The parcel sortation systems play a major role in separating the luggage depending on the weight. It is then arranged in the baggage compartments of ships and airplanes in order to maintain the aerodynamic balance of airplanes and ships to perform efficiently at fast speeds. Furthermore, the exact process of weight-wise separation of the payloads is followed for the air-borne and water-borne transportation of merchandise by the transportation vessel and transport aircraft.
The logistics, retail, and supply chain management industry need to maintain their warehouses. The sortation of parcels and packages of different sizes is a major part of warehouse management. The sortation system also plays an important role in manufacturing units, distribution centers, factories, and the food & beverage industry.
The COVID-19 pandemic affected the market due to a sudden decline in demand from the end-user industries. The operation of warehouses and logistics were ceased and many industries have to shut down their manufacturing units, which hampered the market. However, in the latter half of the pandemic, the market faced a sudden upsurge in demand, as many businesses started selling goods through e-commerce.
Parcel Sortation Systems Market Dynamics
Key Trends
Growing adoption of artificial intelligence (AI) based systems to reduce workload is a major market trend. For instance, in September 2020, Photoneo launched a 3D machine vision. This AI powered machine has the ability to recognize parcels according to the shape, size, and texture and pick around 2,350 parcels per hour.
Major Drivers
Increasing demand for high-level accuracy sortation systems is expected to drive the market. The automated parcel sortation systems have the ability to record the sortation data to ensure the accurate separation of the products. This feature is essential for the manufacturer from a production perspective to get a flawless and error-free output.
Rising requirement from manufacturers to reduce labor cost is projected to boost the market growth. The automation in parcel sortation replaces the manual work require for the material sortation. Growing industrial automation and the rapid expansion of e-commerce industry are likely to propel the market.
Existing Restraints
High cost of installation and maintenance are expected to restrains the market growth. The startups and small-scale businesses cannot avail the sortation system due to their limited funding. Moreover, sortation system is not suitable for the fragile products, as the system operated with a high speed, which may damage the fragile products.
Scope of the Parcel Sortation Systems Market Report
The market report includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.
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Attributes |
Details |
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Report Title |
Parcel Sortation Systems Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast |
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Base Year |
2022 |
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Historic Data |
2016–2021 |
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Forecast Period |
2023–2031 |
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Segmentation |
Type (Linear Sorters [Shoe Sorters, Vertical Belt Sorters, Small Parcel Sorters, Paddle Sorters, and Pusher Sorters] and Loop Sorters [Cross-Belt Sorters, Tilt Tray Sorters, and Bomb Bay Sorters]), and End-user (Airports, Food & Beverage, E-commerce, Manufacturing, Warehouses, Logistics, and Others) |
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Regional Scope |
Asia Pacific, North America, Latin America, Europe, and Middle East & Africa |
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Report Coverage |
Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, Market Trends, and Revenue Forecast |
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Key Players Covered in the Report |
Vanderlande Industries B. V.; Murata Machinery, Ltd.; Dematic; Siemens Logistics GmbH; BEUMER Group; Honeywell International Inc; Interroll Group; Fives; Bastian Solutions LLC; and Invata Intralogistics |
Parcel Sortation Systems Market Segment Insights
Based on type, the parcel sortation systems market is bifurcated into linear sorters and loop sorters. The linear sorters segment is further divided into shoe sorters, vertical belt sorters, small parcel sorters, paddle sorters, and pusher sorters. The loop sorters segment is further categorized into cross-belt sorters, tilt tray sorters, and bomb bay sorters. The linear sorters segment is expected to expand at a significant growth rate during the projection period due to its ability to sort different kinds of parcels.
Linear sorters are mainly used in the logistics and e-commerce industries due to its capability to handle huge number of parcels during peak hours. The parcels are sorted with optimum accuracy in a preset time. The parcels of a variety of sizes and weights are easily sorted by linear sorters.
The loop sorters segment is projected to grow at a high CAGR in the coming years, owing to the increasing adoption in warehouses and logistics. Bomb bay sorters and tilt tray sorters are used to carry or deliver bulk packages. Easy collection and delivery associated with the loop sorters is further likely to boost the segment.
On the basis of end-user, the global market is segregated into airports, food & beverage, e-commerce, manufacturing, warehouses, logistics, and others. The e-commerce segment is projected to register a considerable CAGR during the forecast period due to the rising popularity of online shopping for everyday groceries, personal care, grooming essentials, home appliances, clothes, and other goods. The e-commerce companies receive huge number of parcels a day, which needs to be separated based on multiple parameters such as weight, size, and fragility of the products. The segment growth is further attributed to the increasing demand for automated material handling equipment.
In terms of region, the global parcel sortation systems market is classified as Asia Pacific, North America, Latin America, Europe, and Middle East & Africa. Asia Pacific is expected to dominate the market during the projection period owing to the rapid expansion of e-commerce industry. Increasing manufacturing units and warehouses in developing countries demand for automation, which is further likely to fuel the regional market growth.
Segments
The parcel sortation systems market has been segmented on the basis of
Type
- Linear Sorters
- Shoe Sorters
- Vertical Belt Sorters
- Small Parcel Sorters
- Paddle Sorters
- Pusher Sorters
- Loop Sorters
- Cross-Belt Sorters
- Tilt Tray Sorters
- Bomb Bay Sorters
End-user
- Airports
- Food & Beverage
- E-commerce
- Manufacturing
- Warehouses
- Logistics
- Others
Region
- Asia Pacific
- North America
- Latin America
- Europe
- Middle East & Africa
Key Players
- Vanderlande Industries B. V.
- Murata Machinery, Ltd.
- Dematic
- Siemens Logistics GmbH
- BEUMER Group
- Honeywell International Inc
- Interroll Group
- Fives
- Bastian Solutions LLC
- and Invata Intralogistics
Competitive Landscape
Key players competing in the global parcel sortation systems market are Vanderlande Industries B. V.; Murata Machinery, Ltd.; Dematic; Siemens Logistics GmbH; BEUMER Group; Honeywell International Inc; Interroll Group; Fives; Bastian Solutions LLC; and Invata Intralogistics.
Some of these key players are engaged in brand acquisitions, mergers, product launches, and multiple business strategies to deliver innovative solutions to the manufacturers. For instance,
- In February 2022, Korber AG signed an agreement to acquire Siemens Logistics, a subsidiary company of Siemens AG. The acquisition took place to enhance the business presence in the market by offering leading solutions in parcel and mail logistics.
- In October 2021, Equinox launched LR Sorter System at a Parcel Post Expo in Germany. The system is designed to fulfill the requirements of the e-commerce industry and logistics to distribute and deliver a maximum number of shipments on an everyday basis.
- In March 2020, Beumer Group launched a BG Sorter Compact CB. It combines cross belt technology, which further improve efficiency, easy integration, and effective output.
Table Of Content
1. Executive Summary2. Assumptions and Acronyms Used
3. Research Methodology
4. Parcel Sortation Systems Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Parcel Sortation Systems Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Parcel Sortation Systems Market - Supply Chain
4.5. Global Parcel Sortation Systems Market Forecast
4.5.1. Parcel Sortation Systems Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Parcel Sortation Systems Market Size (000’ Units) and Y-o-Y Growth
4.5.3. Parcel Sortation Systems Market Absolute $ Opportunity
5. Global Parcel Sortation Systems Market Analysis and Forecast by Types
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Types
5.2.2. Y-o-Y Growth Projections by Types
5.3. Parcel Sortation Systems Market Size and Volume Forecast by Types
5.3.1. Linear Sorters
5.3.2. Loop Sorters
5.4. Absolute $ Opportunity Assessment by Types
5.5. Market Attractiveness/Growth Potential Analysis by Types
6. Global Parcel Sortation Systems Market Analysis and Forecast by End Users
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by End Users
6.2.2. Y-o-Y Growth Projections by End Users
6.3. Parcel Sortation Systems Market Size and Volume Forecast by End Users
6.3.1. Airports
6.3.2. Food & Beverage
6.3.3. E-commerce
6.3.4. Manufacturing
6.3.5. Warehouses
6.3.6. Logistics
6.3.7. Others
6.4. Absolute $ Opportunity Assessment by End Users
6.5. Market Attractiveness/Growth Potential Analysis by End Users
7. Global Parcel Sortation Systems Market Analysis and Forecast by Region
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Region
7.2.2. Y-o-Y Growth Projections by Region
7.3. Parcel Sortation Systems Market Size and Volume Forecast by Region
7.3.1. North America
7.3.2. Latin America
7.3.3. Europe
7.3.4. Asia Pacific
7.3.5. Middle East and Africa (MEA)
7.4. Absolute $ Opportunity Assessment by Region
7.5. Market Attractiveness/Growth Potential Analysis by Region
7.6. Global Parcel Sortation Systems Demand Share Forecast, 2019-2026
8. North America Parcel Sortation Systems Market Analysis and Forecast
8.1. Introduction
8.1.1. Basis Point Share (BPS) Analysis by Country
8.1.2. Y-o-Y Growth Projections by Country
8.2. North America Parcel Sortation Systems Market Size and Volume Forecast by Country
8.2.1. U.S.
8.2.2. Canada
8.3. Absolute $ Opportunity Assessment by Country
8.4. North America Parcel Sortation Systems Market Size and Volume Forecast by Types
8.4.1. Linear Sorters
8.4.2. Loop Sorters
8.5. Basis Point Share (BPS) Analysis by Types
8.6. Y-o-Y Growth Projections by Types
8.7. North America Parcel Sortation Systems Market Size and Volume Forecast by End Users
8.7.1. Airports
8.7.2. Food & Beverage
8.7.3. E-commerce
8.7.4. Manufacturing
8.7.5. Warehouses
8.7.6. Logistics
8.7.7. Others
8.8. Basis Point Share (BPS) Analysis by End Users
8.9. Y-o-Y Growth Projections by End Users
8.10. Market Attractiveness/Growth Potential Analysis
8.10.1. By Country
8.10.2. By Product Type
8.10.3. By Application
8.11. North America Parcel Sortation Systems Demand Share Forecast, 2019-2026
9. Latin America Parcel Sortation Systems Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.1.3. Latin America Average Pricing Analysis
9.2. Latin America Parcel Sortation Systems Market Size and Volume Forecast by Country
9.2.1. Brazil
9.2.2. Mexico
9.2.3. Rest of Latin America
9.3. Absolute $ Opportunity Assessment by Country
9.4. Latin America Parcel Sortation Systems Market Size and Volume Forecast by Types
9.4.1. Linear Sorters
9.4.2. Loop Sorters
9.5. Basis Point Share (BPS) Analysis by Types
9.6. Y-o-Y Growth Projections by Types
9.7. Latin America Parcel Sortation Systems Market Size and Volume Forecast by End Users
9.7.1. Airports
9.7.2. Food & Beverage
9.7.3. E-commerce
9.7.4. Manufacturing
9.7.5. Warehouses
9.7.6. Logistics
9.7.7. Others
9.8. Basis Point Share (BPS) Analysis by End Users
9.9. Y-o-Y Growth Projections by End Users
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.11. Latin America Parcel Sortation Systems Demand Share Forecast, 2019-2026
10. Europe Parcel Sortation Systems Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Europe Average Pricing Analysis
10.2. Europe Parcel Sortation Systems Market Size and Volume Forecast by Country
10.2.1. Germany
10.2.2. France
10.2.3. Italy
10.2.4. U.K.
10.2.5. Spain
10.2.6. Russia
10.2.7. Rest of Europe
10.3. Absolute $ Opportunity Assessment by Country
10.4. Europe Parcel Sortation Systems Market Size and Volume Forecast by Types
10.4.1. Linear Sorters
10.4.2. Loop Sorters
10.5. Basis Point Share (BPS) Analysis by Types
10.6. Y-o-Y Growth Projections by Types
10.7. Europe Parcel Sortation Systems Market Size and Volume Forecast by End Users
10.7.1. Airports
10.7.2. Food & Beverage
10.7.3. E-commerce
10.7.4. Manufacturing
10.7.5. Warehouses
10.7.6. Logistics
10.7.7. Others
10.8. Basis Point Share (BPS) Analysis by End Users
10.9. Y-o-Y Growth Projections by End Users
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.11. Europe Parcel Sortation Systems Demand Share Forecast, 2019-2026
11. Asia Pacific Parcel Sortation Systems Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Asia Pacific Average Pricing Analysis
11.2. Asia Pacific Parcel Sortation Systems Market Size and Volume Forecast by Country
11.2.1. China
11.2.2. Japan
11.2.3. South Korea
11.2.4. India
11.2.5. Australia
11.2.6. Rest of Asia Pacific (APAC)
11.3. Absolute $ Opportunity Assessment by Country
11.4. Asia Pacific Parcel Sortation Systems Market Size and Volume Forecast by Types
11.4.1. Linear Sorters
11.4.2. Loop Sorters
11.5. Basis Point Share (BPS) Analysis by Types
11.6. Y-o-Y Growth Projections by Types
11.7. Asia Pacific Parcel Sortation Systems Market Size and Volume Forecast by End Users
11.7.1. Airports
11.7.2. Food & Beverage
11.7.3. E-commerce
11.7.4. Manufacturing
11.7.5. Warehouses
11.7.6. Logistics
11.7.7. Others
11.8. Basis Point Share (BPS) Analysis by End Users
11.9. Y-o-Y Growth Projections by End Users
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.11. Asia Pacific Parcel Sortation Systems Demand Share Forecast, 2019-2026
12. Middle East & Africa Parcel Sortation Systems Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Middle East & Africa Average Pricing Analysis
12.2. Middle East & Africa Parcel Sortation Systems Market Size and Volume Forecast by Country
12.2.1. Saudi Arabia
12.2.2. South Africa
12.2.3. UAE
12.2.4. Rest of Middle East & Africa (MEA)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Middle East & Africa Parcel Sortation Systems Market Size and Volume Forecast by Types
12.4.1. Linear Sorters
12.4.2. Loop Sorters
12.5. Basis Point Share (BPS) Analysis by Types
12.6. Y-o-Y Growth Projections by Types
12.7. Middle East & Africa Parcel Sortation Systems Market Size and Volume Forecast by End Users
12.7.1. Airports
12.7.2. Food & Beverage
12.7.3. E-commerce
12.7.4. Manufacturing
12.7.5. Warehouses
12.7.6. Logistics
12.7.7. Others
12.8. Basis Point Share (BPS) Analysis by End Users
12.9. Y-o-Y Growth Projections by End Users
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.11. Middle East & Africa Parcel Sortation Systems Demand Share Forecast, 2019-2026
13. Competition Landscape
13.1. Global Parcel Sortation Systems Market: Market Share Analysis
13.2. Parcel Sortation Systems Distributors and Customers
13.3. Parcel Sortation Systems Market: Competitive Dashboard
13.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
13.4.1. Vanderlande Industries B. V.
13.4.2. Murata Machinery, Ltd.
13.4.3. Dematic
13.4.4. Siemens Logistics GmbH
13.4.5. BEUMER Group
13.4.6. Honeywell International Inc
13.4.7. Interroll Group
13.4.8. Fives
13.4.9. Bastian Solutions LLC
13.4.10. and Invata Intralogistics
Methodology
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