- Postal Lockers
- Cooling Lockers for Fresh Food
- Modular Parcel Locker
- Laundry Lockers
Smart Parcel Locker Market is expected to be valued USD 682.1 million in 2022, growing at a 12.6% CAGR from 2022 to 2028. A parcel locker is a popular and very convenient solution to an effective last-mile delivery system. A smart parcel locker is also known as a smart packaged locker. It is a type of electronic locker operated by a computer that delivers parcels at any time with customer customization. The smart parcel lockers offer a fundamental delivery point that increases the chain of protection as well as offers review tracking system. They provide safe access to lists and assets from nearby and remote locations to consumers by automatically informing them of details regarding their parcels. Additionally, affordability and convenience to a large population over the globe enhance the smart parcel locker market growth. The world previously went through a crisis that is unpredictable in human history. During that pandemic, people have to follow some government restrictions to stop the spread of viruses. However, these circumstances increase the parcel’s demand exponentially for their essential commodities like medicines, and groceries. These significant factors had surely boosted the smart parcel locker market growth and also key players had a golden opportunity to huge investments for faster and cost-effective parcel management across the globe. Furthermore, with innovations and advancements in smart parcel locker products would expect to lead with a considerable smart parcel locker market share in upcoming years. Recent Market Developments: In March 2020, Eroski introduced technologically advanced smart lockers for online food delivery pickers. The latest and safe locker was installed in a hypermarket. The lockers are appropriate for all types of refrigerated, frozen, and room temperature food products and assure food preservation. In May 2022, Velocity Smart Technology, UK based company launched the first carbon-neutral parcel locker in collaboration with Decarbonisation consultancy.
Smart Parcel Locker Market Summary
Study Period
2023-29
Base Year
2022
CAGR
12.6%
Largest Market
Asia Pacific
Fastest Growing Market
North America
Smart Parcel Locker Market Dynamics
The growing e-commerce industry is driving the smart parcel locker market by adopting advanced smart technologies to improve customer satisfaction by providing consistent and safe parcel services. Furthermore, free delivery and no shipping charges push the rising post and parcel industry worldwide. The increasing adoption of the latest technology such as smart cooling lockers in the food and beverage sector to preserve and deliver fresh food products is another significant factor that is expected to boost the global smart parcel locker market growth in forecasted periods. Additionally, the adoption of strategies such as collaborations and partnerships by many key players to make more reliable parcel systems with time will be projected to a considerable contribution to the growth of the market in coming years. The smart Parcel locker market is constrained by the limited capacity and sizes of parcel items. Although manufacturers deliver parcels with customization but in a limited capacity.
North-America Got Significant Share
Smart Parcel Locker Market
The Smart Parcel Locker market in North America is likely to stand with a significant revenue share in 2021, and, in the following years, it is predicted to increase rapidly. North America is expected to remain at the lead in the smart parcel locker market and retain the highest place globally in forecasted years. This is owing to the rising adoption of advanced parcel organization solutions by key e-commerce players, which is probable to propel the demand for technologically and innovative smart parcel lockers in the upcoming time. Moreover, Europe is also expected to stand a considerable position in the global smart parcel locker market due to the existence of established logistics grids in the regions.
Latin America
Europe
Asia Pacific
Middle East
North America
Key Features of the Reports
- The smart parcel locker market report provides granular level information about the market size, regional market share, historic market (2017-2021), and forecast (2022-2028)
- The report covers in-detail insights about the competitor’s overview, company share analysis, key market developments, and their key strategies
- The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
- The report tracks recent innovations, key developments, and startup details that are actively working in the market
- The report provides a plethora of information about market entry strategies, regulatory framework, and reimbursement scenario
- The report analyses the impact of the socio-political environment through PESTLE Analysis and competition through Porter’s Five Force Analysis in addition to recent technology advancements and innovations in the market
Smart Parcel Locker Market Segmentation
By Product Type
By deployment
- Indoor
- Outdoor
By Application
- Commercial Buildings
- Universities & Colleges
- Condos and Apartments
- Retail BOPIS
- Others
Frequently Asked Questions
The smart parcel locker market is projected to expand at a CAGR of 12.6% during the forecast period
Your-Pick-Up-Point, Eroski, Smartbox Ecommerce Solutions Pvt. Ltd., TZ Limited (New South Wales, Australia), CleverBox Co. (London, U.K.), Quadient (Bagneux, France), Package Nexus (California, U.S.)
North America is the fastest-growing region for the smart parcel locker market
| 1. Executive Summary |
| 2. Global Smart Parcel Locker Market Introduction |
| 2.1. Global Smart Parcel Locker Market – Taxonomy |
| 2.2. Global Smart Parcel Locker Market –Definitions |
| 2.2.1. Product Type |
| 2.2.2. Deployment |
| 2.2.3. Application |
| 2.2.4. Geography |
| 3. Global Smart Parcel Locker Market Dynamics |
| 3.1. Drivers |
| 3.2. Restraints |
| 3.3. Opportunities/Unmet Needs of the Market |
| 3.4. Trends |
| 3.5. Global Smart Parcel Locker Market Dynamic Factors - Impact Analysis |
| 3.6. Global Smart Parcel Locker Market – Competition Landscape |
| 4. Global Smart Parcel Locker Market Analysis,2017 - 2021 and Forecast, 2022 - 2028 |
| 4.1. Market Analysis, 2017 - 2021 and Forecast, 2022 - 2028 (Revenue, USD Mn) |
| 4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) |
| 4.3. Market Opportunity Analysis |
| 5. Global Smart Parcel Locker Market, By Product Type, 2017–2021 and Forecast, 2022–2028 (Revenue, USD Mn) |
| 5.1. Postal Lockers |
| 5.1.1. Market Analysis, 2017 - 2021 and Forecast, 2022 - 2028 (Revenue, USD Mn) |
| 5.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.1.3. Market Opportunity Analysis |
| 5.2. Cooling Lockers for Fresh Food |
| 5.2.1. Market Analysis, 2017 - 2021 and Forecast, 2022 - 2028 (Revenue, USD Mn) |
| 5.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.2.3. Market Opportunity Analysis |
| 5.3. Modular Parcel Locker |
| 5.3.1. Market Analysis, 2017 - 2021 and Forecast, 2022 - 2028 (Revenue, USD Mn) |
| 5.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.3.3. Market Opportunity Analysis |
| 5.4. Laundry Lockers |
| 5.4.1. Market Analysis, 2017 - 2021 and Forecast, 2022 - 2028 (Revenue, USD Mn) |
| 5.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.4.3. Market Opportunity Analysis |
| 6. Global Smart Parcel Locker Market, By Deployment, 2017 – 2021 and Forecast, 2021 – 2027 (Revenue, USD Mn) |
| 6.1. Indoor |
| 6.1.1. Market Analysis, 2017 - 2021 and Forecast, 2022 - 2028 (Revenue, USD Mn) |
| 6.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.1.3. Market Opportunity Analysis |
| 6.2. Outdoor |
| 6.2.1. Market Analysis, 2017 - 2021 and Forecast, 2022 - 2028 (Revenue, USD Mn) |
| 6.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.2.3. Market Opportunity Analysis |
| 7. Global Smart Parcel Locker Market Forecast, By Application, 2017–2021 and Forecast, 2022–2028 (Revenue, USD Mn) |
| 7.1. Commercial Buildings |
| 7.1.1. Market Analysis, 2017 - 2021 and Forecast, 2022 - 2028 (Revenue, USD Mn) |
| 7.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.1.3. Market Opportunity Analysis |
| 7.2. Universities & Colleges |
| 7.2.1. Market Analysis, 2017 - 2021 and Forecast, 2022 - 2028 (Revenue, USD Mn) |
| 7.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.2.3. Market Opportunity Analysis |
| 7.3. Condos and Apartments |
| 7.3.1. Market Analysis, 2017 - 2021 and Forecast, 2022 - 2028 (Revenue, USD Mn) |
| 7.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.3.3. Market Opportunity Analysis |
| 7.4. Retail BOPIS |
| 7.4.1. Market Analysis, 2017 - 2021 and Forecast, 2022 - 2028 (Revenue, USD Mn) |
| 7.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.4.3. Market Opportunity Analysis |
| 7.5. Others |
| 7.5.1. Market Analysis, 2017 - 2021 and Forecast, 2022 - 2028 (Revenue, USD Mn) |
| 7.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.5.3. Market Opportunity Analysis |
| 8. Global Smart Parcel Locker Market Forecast, By Region, 2017–2021 and Forecast, 2022–2028(Revenue, USD Mn) |
| 8.1. North America |
| 8.1.1. Market Analysis, 2017 - 2021 and Forecast, 2022 - 2028 (Revenue, USD Mn) |
| 8.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.1.3. Market Opportunity Analysis |
| 8.2. Europe |
| 8.2.1. Market Analysis, 2017 - 2021 and Forecast, 2022 - 2028 (Revenue, USD Mn) |
| 8.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.2.3. Market Opportunity Analysis |
| 8.3. Asia-Pacific |
| 8.3.1. Market Analysis, 2017 - 2021 and Forecast, 2022 - 2028 (Revenue, USD Mn) |
| 8.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.3.3. Market Opportunity Analysis |
| 8.4. Latin America |
| 8.4.1. Market Analysis, 2017 - 2021 and Forecast, 2022 - 2028 (Revenue, USD Mn) |
| 8.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.4.3. Market Opportunity Analysis |
| 8.5. Middle East and Africa |
| 8.5.1. Market Analysis, 2017 - 2021 and Forecast, 2022 - 2028 (Revenue, USD Mn) |
| 8.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.5.3. Market Opportunity Analysis |
| 8.6. Global Smart Parcel Locker Market - Opportunity Analysis Index, By Product Type, Deployment, Application, and Region, 2022 - 2028 |
| 9. North America Smart Parcel Locker Market Analysis,2017–2021 and Forecast, 2022–2028(Revenue, USD Mn) |
| 9.1. Product Type Analysis 2017–2021and Forecast 2022 - 2028by Revenue (USD Mn),Y-o-Y Growth (%), and Market Share (%) |
| 9.1.1. Postal Lockers |
| 9.1.2. Cooling Lockers for Fresh Food |
| 9.1.3. Modular Parcel Locker |
| 9.1.4. Laundry Lockers |
| 9.2. Deployment Type Analysis 2017 - 2021 and Forecast 2022 - 2028 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
| 9.2.1. Indoor |
| 9.2.2. Outdoor |
| 9.3. Application Analysis 2017 - 2021 and Forecast 2022 - 2028 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
| 9.3.1. Commercial Buildings |
| 9.3.2. Universities & Colleges |
| 9.3.3. Condos and Apartments |
| 9.3.4. Retail BOPIS |
| 9.3.5. Others |
| 9.4. Country Analysis 2017 - 2021 and Forecast 2022 - 2028by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) |
| 9.4.1. USA |
| 9.4.2. Canada |
| 9.5. North America Smart Parcel Locker Market - Opportunity Analysis Index, By Product Type, Deployment, Application, and Country, 2022 - 2028 |
| 9.6. North America Smart Parcel Locker Market Dynamics – Trends |
| 10. Europe Smart Parcel Locker Market Analysis, 2017–2021 and Forecast, 2022–2028(Revenue, USD Mn) |
| 10.1. Product Type Analysis 2017–2021and Forecast 2022 - 2028by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
| 10.1.1. Postal Lockers |
| 10.1.2. Cooling Lockers for Fresh Food |
| 10.1.3. Modular Parcel Locker |
| 10.1.4. Laundry Lockers |
| 10.2. Deployment Type Analysis 2017 - 2021 and Forecast 2022 - 2028 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
| 10.2.1. Indoor |
| 10.2.2. Outdoor |
| 10.3. Application Analysis 2017 - 2021 and Forecast 2022 - 2028 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
| 10.3.1. Commercial Buildings |
| 10.3.2. Universities & Colleges |
| 10.3.3. Condos and Apartments |
| 10.3.4. Retail BOPIS |
| 10.3.5. Others |
| 10.4. Country Analysis 2017–2021and Forecast 2022 - 2028 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) |
| 10.4.1. Germany |
| 10.4.2. UK |
| 10.4.3. France |
| 10.4.4. Spain |
| 10.4.5. Italy |
| 10.4.6. Russia |
| 10.4.7. Poland |
| 10.4.8. Rest of Europe |
| 10.5. Europe Smart Parcel Locker Market - Opportunity Analysis Index, By Product Type, Deployment, Application, and Country 2022 - 2028 |
| 10.6. Europe Smart Parcel Locker Market Dynamics – Trends |
| 11. Asia-Pacific Smart Parcel Locker Market Analysis, 2017 - 2021 and Forecast, 2022 - 2028 (Revenue, USD Mn) |
| 11.1. Product Type Analysis 2017–2021and Forecast 2022 - 2028by Revenue (USD Mn),Y-o-Y Growth (%), and Market Share (%) |
| 11.1.1. Postal Lockers |
| 11.1.2. Cooling Lockers for Fresh Food |
| 11.1.3. Modular Parcel Locker |
| 11.1.4. Laundry Lockers |
| 11.2. Deployment Type Analysis 2017 - 2021 and Forecast 2022 - 2028 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
| 11.2.1. Indoor |
| 11.2.2. Outdoor |
| 11.3. Application Analysis 2017 - 2021 and Forecast 2022 - 2028 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
| 11.3.1. Commercial Buildings |
| 11.3.2. Universities & Colleges |
| 11.3.3. Condos and Apartments |
| 11.3.4. Retail BOPIS |
| 11.3.5. Others |
| 11.4. Country Analysis2017–2021and Forecast 2022 - 2028 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) |
| 11.4.1. Japan |
| 11.4.2. China |
| 11.4.3. India |
| 11.4.4. ASEAN |
| 11.4.5. Australia & New Zealand |
| 11.4.6. Rest of Asia-Pacific |
| 11.5. Asia-Pacific Smart Parcel Locker Market - Opportunity Analysis Index, By Product Type, Deployment, Application, and Country,2022 - 2028 |
| 11.6. Asia-Pacific Smart Parcel Locker Market Dynamics – Trends |
| 12. Latin America Smart Parcel Locker Market Analysis,2017 - 2021 and Forecast, 2022–2028(Revenue, USD Mn) |
| 12.1. Product Type Analysis 2017–2021and Forecast 2022 - 2028by Revenue (USD Mn),Y-o-Y Growth (%), and Market Share (%) |
| 12.1.1. Postal Lockers |
| 12.1.2. Cooling Lockers for Fresh Food |
| 12.1.3. Modular Parcel Locker |
| 12.1.4. Laundry Lockers |
| 12.2. Deployment Type Analysis 2017 - 2021 and Forecast 2022 - 2028 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
| 12.2.1. Indoor |
| 12.2.2. Outdoor |
| 12.3. Application Analysis 2017 - 2021 and Forecast 2022 - 2028 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
| 12.3.1. Commercial Buildings |
| 12.3.2. Universities & Colleges |
| 12.3.3. Condos and Apartments |
| 12.3.4. Retail BOPIS |
| 12.3.5. Others |
| 12.4. Country Analysis 2017–2021and Forecast 2022 - 2028 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) |
| 12.4.1. Brazil |
| 12.4.2. Mexico |
| 12.4.3. Argentina |
| 12.4.4. Rest of Latin America |
| 12.5. Latin America Smart Parcel Locker Market - Opportunity Analysis Index, By Product Type, Deployment, Application, and Country, 2022 - 2028 |
| 12.6. Latin America Smart Parcel Locker Market Dynamics – Trends |
| 13. Middle East and Africa Smart Parcel Locker Market Analysis, 2017 - 2021 and Forecast, 2022 - 2028 (Revenue, USD Mn) |
| 13.1. Product Type Analysis 2017–2021and Forecast 2022 - 2028by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
| 13.1.1. Postal Lockers |
| 13.1.2. Cooling Lockers for Fresh Food |
| 13.1.3. Modular Parcel Locker |
| 13.1.4. Laundry Lockers |
| 13.2. Deployment Type Analysis 2017 - 2021 and Forecast 2022 - 2028 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
| 13.2.1. Indoor |
| 13.2.2. Outdoor |
| 13.3. Application Analysis 2017 - 2021 and Forecast 2022 - 2028 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
| 13.3.1. Commercial Buildings |
| 13.3.2. Universities & Colleges |
| 13.3.3. Condos and Apartments |
| 13.3.4. Retail BOPIS |
| 13.3.5. Others |
| 13.4. Country Analysis 2017 - 2021 and Forecast 2022 - 2028 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) |
| 13.4.1. Gulf Cooperation Council (GCC) Countries |
| 13.4.2. Israel |
| 13.4.3. South Africa |
| 13.4.4. Rest of MEA |
| 13.5. MEA Smart Parcel Locker Market - Opportunity Analysis Index, By Product Type, Deployment, Application, and Country, 2022 - 2028 |
| 13.6. MEA Smart Parcel Locker Market Dynamics – Trends |
| 14. Competition Landscape |
| 14.1. Strategic Dashboard of Top Market Players |
| 14.2. Company Profiles (Introduction, Financial Analysis, Product Type& Service Testing Types, Key Developments, Strategies, and SWOT Analysis) |
| 14.2.1. Your-Pick-Up-Point |
| 14.2.2. Eroski |
| 14.2.3. Smartbox Ecommerce Solutions Pvt. Ltd. (UP, India) |
| 14.2.4. TZ Limited (New South Wales, Australia) |
| 14.2.5. CleverBox Co. (London, U.K.) |
| 14.2.6. Quadient (Bagneux, France) |
| 14.2.7. Package Nexus (California, U.S.) |
| 14.2.8. Abell International Pte. Ltd. (Singapore) |
| 14.2.9. KEBA AG (Linz, Austria) |
| 14.2.10. Cleveron (Viljandi, Estonia) |
| 14.2.11. DeBourgh Manufacturing Co. (Colorado, U.S.) |
| 14.2.12. Mobiikey Technologies Pvt. Ltd. (Karnataka, India) |
| 15. Research Methodology |
| 16. Key Assumptions and Acronyms |
- Your-Pick-Up-Point
- Eroski
- Smartbox Ecommerce Solutions Pvt. Ltd. (UP, India)
- TZ Limited (New South Wales, Australia)
- CleverBox Co. (London, U.K.)
- Quadient (Bagneux, France)
- Package Nexus (California, U.S.)
- Abell International Pte. Ltd. (Singapore)
- KEBA AG (Linz, Austria)
- Cleveron (Viljandi, Estonia)
- DeBourgh Manufacturing Co. (Colorado, U.S.)
- Mobiikey Technologies Pvt. Ltd. (Karnataka, India)