Rapid Growth in E-Commerce Sector Fuel Demand for Automated Parcel Delivery Terminals

Globalization along with improved technology has boosted e-commerce sector phenomenally. Nowadays, online ordering and there is also a rise seen in cross-border delivery, which has augmented demand for automated parcel delivery terminals. Moreover, developing advanced distribution channel and the presence of swift modes of delivery have further boosted growth in the global automated parcel delivery terminals market. 

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Seeing growth in the e-commerce sector and advantages of using automated parcel delivery terminals, governments across the globe have started installing these terminals. Availability of these terminals has simplified the difficulty that was faced while fetching parcels. According to a market research company, the global automated parcel delivery terminals market is expected to rise at a staggering 12.3% CAGR between 2017 and 2025. Over this tenure, the market is expected to reach a valuation of US$1.03 bn by the end of 2025. 

Another significant contribution is made by players operating in the global automated parcel delivery terminals market. Players such as ByBox Holdings Ltd., TZ Ltd., Bell and Howell, LLC., ENGY Company, Neopost group, and Winnsen Industry Co., Ltd. are making sincere efforts in using advanced technologies to enhance services of automated parcel delivery terminals. Moreover, the entry of new players in the market is also expected to diversify the market at a great extent. Therefore, this market is seems fragmented due to the presence of a large number of old and new players operating in the global automated parcel delivery terminals market.

Cross-Border Delivery to Flourish Growth for Automated Parcel Delivery Terminals

A significant rise in the use of internet and advanced technologies has resulted in the growth of online sales. This is a crucial factor augmenting growth in the global automated parcel delivery terminals market. Advancements taking place in distribution channels and the presence of swift delivery modes have contributed to growing this market. In addition, rising cross border parcel system on a regular basis is also a primary factor driving growth in the global automated parcel delivery terminals market.