Smart Parcel Delivery Locker
Manufacturing and Construction

CAGR of 13.5% , Smart Parcel Delivery Locker Market growing with 1,644.1 million by 2028

Cleveron; Debourgh; Keba; Kernpack; Package Nexus; Patterson Pope; RENOME SMART, are some of the key market players operating in the global smart parcel delivery locker market. The listing of key players is derived by considering multiple factors such as overall revenue, current smart parcel delivery locker portfolio, geographical reach, new product launches, market initiatives, and investment in technology up gradation, partnerships, and other market related activities. In addition to these players, there are several other important players operating in the smart parcel delivery locker market which were analyzed during the course of this market research study, such as, Smartbox Ecommerce Solutions Private Limited; Snaile Inc.; and TZ Limited among others.

Cleveron; Debourgh; Keba; Kernpack; Package Nexus; Patterson Pope; RENOME SMART; – PROMINENT MARKET PARTICIPANTS IN SMART PARCEL DELIVERY LOCKER MARKET

The smart parcel delivery locker market is segmented based on type, component, and application. Based on application, the global smart parcel delivery locker market is segmented into retail, residential, university, office, and others. On the basis of component, the global smart parcel delivery locker market is segmented into hardware, and software. On the basis of type, the global smart parcel delivery locker market is segmented into standard smart locker and temperature controlled smart locker.  Based on geography, the global smart parcel delivery locker market is segmented into five major regions—North America, Europe, Asia Pacific (APAC), Middle East and Africa (MEA), and South America (SAM).

After witnessing a significant drop in 2020 due to the onset of COVID-19, the global e-commerce market began witnessing a gradual recovery in consumer demand since the last quarter of 2020. Rapid recovery in online sales is anticipated to boost the demand for smart parcel delivery lockers during the forecast period. According to the United Nations Conference on Trade and Development, COVID-19 has led to a surge in e-commerce and digital transformation amid slowing economic activity. Retailers and delivery companies are working to cater to the growing customer demand efficiently. Adjusting to the new normal, businesses and consumers are providing and purchasing more goods and services online. The colleges and universities across the globe are also rethinking their mail and package delivery processes as students and faculty prepare to return to campuses. Smart locker technologies with touch-free package delivery are rapidly gaining popularity among retailers, universities, and corporations amid COVID-19 scenarios. Buy online, pick up in store (BOPIS) is being embraced by customers and businesses to reduce exposure to the COVID-19 and eliminate shipping fees and operational costs.

Most of the market initiatives were observed in North America, APAC and Europe regions, which has a high potential for smart parcel delivery locker providers. Few of the important market initiatives and product developments from the industry are mentioned below:

Year News Country
2020 Cleveron announced that by the end of 2020, parcel lockers would be installed in every village and town. Villagers have a variety of delivery choices, including drive-in collection, courier services, BOPIS, and outdoor package lockers located across the region. North America, Europe
2019 Smartbox Ecommerce Solutions Private Limited has been named a member of NASSCOM-National Association of Software and Service Companies, an apex body with over 1800 members, including Indian technology (IT) and Business Process Outsourcing (BPM) firms, for its outstanding work in optimising the final leg of last mile delivery while providing secure, efficient, and convenient delivery and retrieval through smart lockers. APAC