The report analyzes the global market on the type, application, deployment, and region. The report is comprehensive and provides comprehensive historical and forecast market size, along with trend analysis. The report also offers a market share analysis, the market for e-commerce by country, a summary of the competition, key strategic imperatives, growth potential areas, and a competitive analysis of the key players in the global smart parcel lockers market.

The Market Review and the Dynamics: The growing logistics and transportation sector is expected to boost demand for smart lockers in the coming years.

The smart parcel locker market is anticipated to expand at a rate of 12% during the forecast period of 2022-2028. The rapid growth in internet shopping and E-commerce is expected to boost demand for smart parcel lockers around the globe.

Additionally, contactless delivery, the complete chain of custody 24/7 self-service, rapid delivery, and easy installation are some of the advantages that are expected to surge the demand for acceptance of smart parcel lockers across the globe.

In addition, the expanding global use of smartphones and the internet allows consumers to purchase items from different countries. This will lead to a substantial increase in parcel deliveries. In addition, retailers are promoting the importance of using smart solutions for parcel lockers to prevent late or unsuccessful delivery, which is further expected to boost the global smart parcel lockers market growth.

Segmental Analysis

Based on type, the modular locker holds a prominent share of the global smart parcel locker market owing to its compatibility and maximum utilization feature, whereas the cooling lockers are expected to be the fastest-growing segment in the forthcoming years.

Based on the Deployment, Indoor lockers are expected to dominate the global smart parcel lockers market as indoor lockers are comparatively more economical and cost-effective than outdoor lockers, whereas the maintenance of outdoor lockers is challenging and expensive.

Based on application, the public enterprises, and commercial buildings segment is expected to hold a prominent share in the global smart parcel locker market as corporate companies provide lockers to their employees so that they can manage parcels while at work.

Competition Analysis: Increasing adoption of parcel management solutions by e-commerce players is expected to boost the market growth

Due to the presence of many well-established companies in the global smart parcel locker sector, there is intense competition. In order to preserve a competitive advantage in the market, technology upgradation, and increasing focus on providing optimum solutions to customers are some of the key strategies adopted by the market players.

Acquisitions, product launches, and partnerships are the identified industry trend in the global smart parcel locker market. Significant consolidation is expected in the global market during the assessed period 2022-2028.

In September 2022, Industrial automation company Arka opened a US$ 2 million (€2 million) smart locker factory in Romania.

In September 2022, Swedish last-mile delivery companies Budbee and Instabox merged together under a new holding company, Instabee.

The global smart parcel market is fragmented in nature with the presence of many players in the market. Some of the prominent players operating in the global smart parcel lockers market include TZ Limited, Quadient SA, Ricoh Group, Pitney Bowes Inc, KEBA AG, DE Bourgh Manufacturing Company, Mobiikey Technologies Pvt Ltd., Parcel Port, Florence Corporation, Abell International Pte Ltd., CleverBox Co., RENOME Group, Cleveron, Kern Ltd, and Alpha Locker System among others.

RationalStat has segmented the global smart parcel locker market on the basis of type, application, deployment, and region

By Type
Modular Parcel Locker
Cooling Locker
Postal Locker
Laundry Locker
Others (Self-Service Parcel Locker)
By Application
Retail
Government Agencies
(Post Offices, etc.)
Colleges and Universities
Public Enterprises and Commercial Buildings
Others (Residential, etc.)
By Deployment
Indoor
Outdoor
By Region
North America
US
Canada
Latin America
Brazil
Mexico
Rest of Latin America
Western Europe
Germany
UK
France
Spain
Italy
Benelux
Nordic
Rest of Western Europe
Eastern Europe
Russia
Poland
Rest of Eastern Europe
Asia Pacific
China
Japan
India
South Korea
Australia
ASEAN (Indonesia, Vietnam, Malaysia, etc.)
Rest of Asia Pacific
Middle East & Africa
GCC
South Africa
Turkey
Rest of the Middle East & Africa


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