Parcel Sorter Market Analysis, Opportunities & Trends 2031
Parcel Sorter Market Analysis, Opportunities & Trends 2031
Segments - Parcel Sorter Market by Sorter Type (Cross Belt, Shoe, Pusher, Pneumatic Diverts, Roller Belt, Bombay, Narrow Belt, and Tilt Tray), Direction (Loop and Linear), End-user (Airports, Pharmaceutical & Medical Supply, Logistics, Food & Beverages, E-commerce, 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-5258
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| 188 Pages
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Report Description
The parcel sorter market size was valued at nearly USD 3.4 Bn in 2022 and is anticipated to reach USD 8.8 Bn by 2031, expanding at a CAGR of 11.1% during 2023 – 2031. The market growth is attributed to the growing need for the automation of sorting systems and delivery processes in the e-commerce industry coupled with increasing labor costs around the globe.
Parcel sorting is a method used by shipment carriers in the effective routing of parcels and mail through advanced segregation techniques. In the past, parcel sorting was carried out manually through hand sorting. With advancements in technology, the processes are now automated through improvised sorter machines.
Logistics units deploy automated parcel and bundle sorter (APBS) systems in their sorting chains. APBS is an upgraded small parcel and bundle sorter with a control system to manage the workflow. Optical character reader technology and barcode scanners with improved induction stations are salient features of ABPS.
Parcel sorting equipment sort parcels on the basis of size, weight, or location to streamline processes. Adopting parcel sorting solutions aids in making the operations scalable to any size and influx of parcel volumes. The implementation of parcel sorting systems is useful in maintaining accurate tracking of the packages passing through order processing and fulfillment centers.
The COVID-19 pandemic propelled the parcel sorter market, due to an increase in online shopping by consumers around the world. This led to the development of new systems for parcel sorting with a surge in delivery packages. Logistics firms had to tackle a sudden surge in deliveries with inadequate resources. As a result, the demand for parcel sorting systems rose significantly during the pandemic.
Parcel Sorter Market Dynamics
Major Drivers
Growing preference by buyers for e-commerce with increased coverage of the internet is expected to fuel the market. As per reports by Morgan Stanley, the global e-commerce industry surged by 6% in 2021 in comparison to online sales in 2015. Increasing automation in industries and the need for substitutes to counter the growing costs of labor are likely to propel the parcel sorter market in the coming years.
Existing Restraints
High initial investments in setting up technology-based infrastructure that involves installation costs, software, integrating sensors, and maintenance costs are likely to restrain the market.
Emerging Opportunities
Growing need in reducing manual interventions in sorting systems for reducing labor costs presents a lucrative opportunity for market expansion. Technological developments through the leveraging of systems backed by artificial intelligence in supply chains that can recognize parcels through pre-trained neural networks are major growth opportunities for market expansion.
Scope of the Parcel Sorter Market Report
The 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 Sorter 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 |
Sorter Type (Cross Belt, Shoe, Pusher, Pneumatic Diverts, Roller Belt, Bombay, Narrow Belt, and Tilt Tray), Direction (Loop and Linear), and End-user (Airports, Pharmaceutical & Medical Supply, Logistics, Food & Beverages, E-commerce, 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, and Trends, and Revenue Forecast |
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Key Players Covered in the Report |
Körber AG.; Vanderlande Industries B.V.; Honeywell International Inc.; Daifuku Co. Ltd.; Bastian Solutions Inc.; viastore SYSTEMS GmbH; National Presort Inc.; Parcelforce Worldwide; Dematic; Interroll Group; Intralox; Royal Mail Group Ltd; Fives Group Beumer Group; Yodel Delivery Network Limited; and Pitney Bowes Inc. |
Parcel Sorter Market Segment Insights
In terms of sorter type, the market is divided into cross belt, shoe, pusher, pneumatic diverts, roller belt, bombay, narrow belt, and tilt tray. The shoe segment is expected to dominate the market during the forecasted period owing to a growing demand for package sorting systems in the freight & logistics and e-commerce industries. The shoe sorting systems have a throughput of sorting around 200 cartons a minute. The cross-belt sorter segment is anticipated to gain significant shares of the market in the coming years, due to the growing demand for sorting individual items for fulfilling shopping orders and for cross-docking.
Based on direction, the market is divided into linear and loop. The linear segment is projected to expand at a considerable CAGR during the forecast period, due to widescale applications in the medical field, retail e-commerce, and logistics. Durability and output-friendly designs of linear parcel sorting machines are likely to boost the segment during the forecast period. The loop segment is anticipated to hold a key share of the parcel sorter market, due to increased scalability and reduced dependence on human involvement in the segregation of parcels.
On the basis of end-user, the parcel sorter market is segmented into airports, pharmaceutical & medical supply, logistics, food & beverages, e-commerce, and others. The e-commerce segment is expected to expand at a significant growth rate during the projection period due to an increase in online buying patterns by consumers. Automation of daily tasks by wholesalers and retailers for meeting delivery schedules is aided through the use of parcel sorters. The food & beverages segment is anticipated to hold a key market share during the forecast period, owing to an increase in automation processes for sorting food products in warehouses and distribution centers.
In terms of region, the global parcel sorter 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 an increase in disposable incomes of buyers in the region. This has led to a spur in online buying of products in Asia Pacific which is expected to fuel the parcel sorter market in the region.
The market in North America is projected to grow at a rapid pace, owing to a robust economy coupled with a widespread presence of manufacturers of package and parcel sorting systems. The growing number of warehouses and automation of distribution centers for catering to a vast population is expected to propel the market in North America.
Segments
The global parcel sorter market has been segmented on the basis of
Sorter Type
- Cross Belt
- Shoe
- Pusher
- Pneumatic Diverts
- Roller Belt
- Bombay
- Narrow Belt
- Tilt Tray
Direction
- Loop
- Linear
End-user
- Airports
- Pharmaceutical & Medical Supply
- Logistics
- Food & Beverages
- E-commerce
- Others
Region
- Asia Pacific
- North America
- Latin America
- Europe
- Middle East & Africa
Key Players
- Körber AG.
- Vanderlande Industries B.V.
- Honeywell International Inc.
- Daifuku Co. Ltd.
- Bastian Solutions Inc.
- viastore SYSTEMS GmbH
- National Presort Inc.
- Parcelforce Worldwide
- Dematic
- Interroll Group
- Intralox
- Royal Mail Group Ltd
- Fives Group
- Beumer Group
- Yodel Delivery Network Limited
- Pitney Bowes Inc.
Competitive Landscape
Players in the global parcel sorter market are Körber AG.; Vanderlande Industries B.V.; Honeywell International Inc.; Daifuku Co. Ltd.; Bastian Solutions Inc.; viastore SYSTEMS GmbH; National Presort Inc.; Parcelforce Worldwide; Dematic Interroll Group; Intralox; Royal Mail Group Ltd; Fives Group; Beumer Group; Yodel Delivery Network Limited; and Pitney Bowes Inc. These companies use strategies such as mergers, acquisitions, collaborations, , partnerships, and product launches to increase their presence.
- In February 2022, Siemens Logistics was acquired by Körber AG, a multinational technology company based in Hamburg. The deal was valued at USD 569 Mn. The acquisition complemented the strong supply chain offerings of Körber AG.
- In March 2021, Interroll Group launched a split tray sorter named MT0155 useful for handling e-commerce, pharmaceuticals, and logistics for industrial applications.
Table Of Content
1. Executive Summary2. Assumptions and Acronyms Used
3. Research Methodology
4. Parcel Sorter 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 Sorter Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Parcel Sorter Market - Supply Chain
4.5. Global Parcel Sorter Market Forecast
4.5.1. Parcel Sorter Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Parcel Sorter Market Size (000’ Units) and Y-o-Y Growth
4.5.3. Parcel Sorter Market Absolute $ Opportunity
5. Global Parcel Sorter Market Analysis and Forecast by End Users
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by End Users
5.2.2. Y-o-Y Growth Projections by End Users
5.3. Parcel Sorter Market Size and Volume Forecast by End Users
5.3.1. Airports
5.3.2. Pharmaceutical & Medical Supply
5.3.3. Logistics
5.3.4. Food & Beverages
5.3.5. E-commerce
5.3.6. Others
5.4. Absolute $ Opportunity Assessment by End Users
5.5. Market Attractiveness/Growth Potential Analysis by End Users
6. Global Parcel Sorter Market Analysis and Forecast by Region
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Region
6.2.2. Y-o-Y Growth Projections by Region
6.3. Parcel Sorter Market Size and Volume Forecast by Region
6.3.1. North America
6.3.2. Latin America
6.3.3. Europe
6.3.4. Asia Pacific
6.3.5. Middle East and Africa (MEA)
6.4. Absolute $ Opportunity Assessment by Region
6.5. Market Attractiveness/Growth Potential Analysis by Region
6.6. Global Parcel Sorter Demand Share Forecast, 2019-2026
7. North America Parcel Sorter Market Analysis and Forecast
7.1. Introduction
7.1.1. Basis Point Share (BPS) Analysis by Country
7.1.2. Y-o-Y Growth Projections by Country
7.2. North America Parcel Sorter Market Size and Volume Forecast by Country
7.2.1. U.S.
7.2.2. Canada
7.3. Absolute $ Opportunity Assessment by Country
7.4. North America Parcel Sorter Market Size and Volume Forecast by End Users
7.4.1. Airports
7.4.2. Pharmaceutical & Medical Supply
7.4.3. Logistics
7.4.4. Food & Beverages
7.4.5. E-commerce
7.4.6. Others
7.5. Basis Point Share (BPS) Analysis by End Users
7.6. Y-o-Y Growth Projections by End Users
7.7. Market Attractiveness/Growth Potential Analysis
7.7.1. By Country
7.7.2. By Product Type
7.7.3. By Application
7.8. North America Parcel Sorter Demand Share Forecast, 2019-2026
8. Latin America Parcel Sorter 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
8.1.3. Latin America Average Pricing Analysis
8.2. Latin America Parcel Sorter Market Size and Volume Forecast by Country
8.2.1. Brazil
8.2.2. Mexico
8.2.3. Rest of Latin America
8.3. Absolute $ Opportunity Assessment by Country
8.4. Latin America Parcel Sorter Market Size and Volume Forecast by End Users
8.4.1. Airports
8.4.2. Pharmaceutical & Medical Supply
8.4.3. Logistics
8.4.4. Food & Beverages
8.4.5. E-commerce
8.4.6. Others
8.5. Basis Point Share (BPS) Analysis by End Users
8.6. Y-o-Y Growth Projections by End Users
8.7. Market Attractiveness/Growth Potential Analysis
8.7.1. By Country
8.7.2. By Product Type
8.7.3. By Application
8.8. Latin America Parcel Sorter Demand Share Forecast, 2019-2026
9. Europe Parcel Sorter 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. Europe Average Pricing Analysis
9.2. Europe Parcel Sorter Market Size and Volume Forecast by Country
9.2.1. Germany
9.2.2. France
9.2.3. Italy
9.2.4. U.K.
9.2.5. Spain
9.2.6. Russia
9.2.7. Rest of Europe
9.3. Absolute $ Opportunity Assessment by Country
9.4. Europe Parcel Sorter Market Size and Volume Forecast by End Users
9.4.1. Airports
9.4.2. Pharmaceutical & Medical Supply
9.4.3. Logistics
9.4.4. Food & Beverages
9.4.5. E-commerce
9.4.6. Others
9.5. Basis Point Share (BPS) Analysis by End Users
9.6. Y-o-Y Growth Projections by End Users
9.7. Market Attractiveness/Growth Potential Analysis
9.7.1. By Country
9.7.2. By Product Type
9.7.3. By Application
9.8. Europe Parcel Sorter Demand Share Forecast, 2019-2026
10. Asia Pacific Parcel Sorter 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. Asia Pacific Average Pricing Analysis
10.2. Asia Pacific Parcel Sorter Market Size and Volume Forecast by Country
10.2.1. China
10.2.2. Japan
10.2.3. South Korea
10.2.4. India
10.2.5. Australia
10.2.6. Rest of Asia Pacific (APAC)
10.3. Absolute $ Opportunity Assessment by Country
10.4. Asia Pacific Parcel Sorter Market Size and Volume Forecast by End Users
10.4.1. Airports
10.4.2. Pharmaceutical & Medical Supply
10.4.3. Logistics
10.4.4. Food & Beverages
10.4.5. E-commerce
10.4.6. Others
10.5. Basis Point Share (BPS) Analysis by End Users
10.6. Y-o-Y Growth Projections by End Users
10.7. Market Attractiveness/Growth Potential Analysis
10.7.1. By Country
10.7.2. By Product Type
10.7.3. By Application
10.8. Asia Pacific Parcel Sorter Demand Share Forecast, 2019-2026
11. Middle East & Africa Parcel Sorter 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. Middle East & Africa Average Pricing Analysis
11.2. Middle East & Africa Parcel Sorter Market Size and Volume Forecast by Country
11.2.1. Saudi Arabia
11.2.2. South Africa
11.2.3. UAE
11.2.4. Rest of Middle East & Africa (MEA)
11.3. Absolute $ Opportunity Assessment by Country
11.4. Middle East & Africa Parcel Sorter Market Size and Volume Forecast by End Users
11.4.1. Airports
11.4.2. Pharmaceutical & Medical Supply
11.4.3. Logistics
11.4.4. Food & Beverages
11.4.5. E-commerce
11.4.6. Others
11.5. Basis Point Share (BPS) Analysis by End Users
11.6. Y-o-Y Growth Projections by End Users
11.7. Market Attractiveness/Growth Potential Analysis
11.7.1. By Country
11.7.2. By Product Type
11.7.3. By Application
11.8. Middle East & Africa Parcel Sorter Demand Share Forecast, 2019-2026
12. Competition Landscape
12.1. Global Parcel Sorter Market: Market Share Analysis
12.2. Parcel Sorter Distributors and Customers
12.3. Parcel Sorter Market: Competitive Dashboard
12.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
12.4.1. Körber AG.
12.4.2. Vanderlande Industries B.V.
12.4.3. Honeywell International Inc.
12.4.4. Daifuku Co. Ltd.
12.4.5. Bastian Solutions Inc.
12.4.6. viastore SYSTEMS GmbH
12.4.7. National Presort Inc.
12.4.8. Parcelforce Worldwide
12.4.9. Dematic
12.4.10. Interroll Group
12.4.11. Intralox
12.4.12. Royal Mail Group Ltd
12.4.13. Fives Group
12.4.14. Beumer Group
12.4.15. Yodel Delivery Network Limited
12.4.16. Pitney Bowes Inc.
Methodology
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