Smart Parcel Locker Market Size by Deployment (Indoor Lockers, Outdoor Lockers), By Component (Hardware, Software), By Type (Modular Parcel Lockers, Cooling Lockers for Fresh Food, Postal Lockers, Laundry Lockers) By Application (Commercial Buildings, Condos and Apartments, Retail BOPIS, Universities and Colleges), By Geographic Scope and Forecast

Published Date: August - 2024 | Publisher: MIR | No of Pages: 320 | Industry: latest updates trending Report | Format: Report available in PDF / Excel Format

View Details Buy Now 2890 Download Sample Ask for Discount Request Customization

Smart Parcel Locker Market Size and Forecast

Smart Parcel Locker Market size was valued at USD 684 Million in 2024 and is projected to reach USD 2075 Million by 2031 growing at a CAGR of 12.8% from 2024 to 2031.

  • A Global Smart Parcel Locker is an automated, secure parcel receiving and storage solution. It permits contactless delivery and retrieval via digital authentication, which is frequently tied to mobile apps. These lockers are deliberately located in public or residential areas to improve package logistics convenience, security and efficiency for both customers and delivery services around the world.
  • It helps improve delivery efficiency, increase security and eliminate touch in e-commerce and logistics. They provide 24/7 access to consumers, reduce delivery failures, and optimize last-mile delivery. These lockers, which are widely used in cities, enterprises and residential complexes, help to meet the growing demand for efficient, contactless parcel management while also supporting sustainability by reducing delivery efforts and emissions.
  • These lockers will transform package distribution by increasing security, convenience, and efficiency. These automated systems provide 24-hour access, saving delivery times and minimizing lost deliveries. They combine IoT and sophisticated monitoring to enable real-time updates and contactless retrieval, fulfilling expanding e-commerce needs while supporting sustainability by lowering carbon footprints through improved logistics.

Global Smart Parcel Locker Market Regional Analysis

Here is a more detailed regional analysis of the global smart parcel locker market

North America

  • According to Market Research, North America is expected to dominate the global smart parcel locker market.
  • North America is now the dominant region in the smart parcel locker market, due to its advanced technological infrastructure and significant e-commerce adoption. The United States, in particular, leads in the widespread use of innovative parcel management solutions by major e-commerce and logistics organizations.
  • The region’s emphasis on improving last-mile delivery efficiency, combined with increasing customer demand for convenient and secure package handling is propelling market expansion.
  • Furthermore, North America’s investment in smart city initiatives, as well as the widespread usage of IoT and AI technologies, support the deployment and use of smart parcel lockers in a variety of urban and suburban locations.

Asia Pacific

  • The Asia-Pacific area is the fastest-growing market for smart parcel lockers, because to thriving e-commerce sectors in China, India and Japan.
  • Rapid urbanization and rising disposable incomes in these countries have considerably increased online shopping activity demanding efficient parcel delivery options. Government programs encouraging smart city development encourage the use of smart lockers to ease last-mile delivery.
  • The region’s enormous population base, along with a burgeoning middle class, drives higher demands for efficient and secure package handling.
  • Furthermore, technical improvements and the growing integration of IoT and AI in logistics are improving the usefulness and appeal of smart parcel lockers resulting in their rapid market expansion in Asia-Pacific.

What's inside a
industry report?

Our reports include actionable data and forward-looking analysis that help you craft pitches, create business plans, build presentations and write proposals.

Global Smart Parcel Locker MarketSegmentation Analysis

The Global Smart Parcel Locker Market is segmented based on Deployment, Component, Type, Application, and Geography.

Smart Parcel Locker Market, By Deployment

  • Indoor Lockers
  • Outdoor Lockers

Based on Deployment, the Global Smart Parcel Locker market is divided into Indoor Lockers and Outdoor Lockers. Indoor lockers are commonly built-in areas such as apartment complexes, offices and retail outlets to provide secure and convenient package retrieval in controlled situations. They are popular because they provide weather protection and are easy for residents and staff to access. Outdoor lockers on the other hand, are intended for public areas like streets, train stations and retail malls. These lockers are designed to endure a variety of weather conditions and provide 24-hour access, making them perfect for high-traffic areas and increasing last-mile delivery efficiency.

Smart Parcel Locker Market, By Component

  • Hardware
  • Software

Based on Component, the Global Smart Parcel Locker Market is divided into Hardware and Software. Hardware refers to the actual components of lockers, such as locker units, touch screens, barcode scanners and security measures such as locks and cameras. These components ensure that the locker system functions properly and securely. In contrast, software refers to the digital infrastructure that powers the smart parcel locker network. This comprises the administration software that tracks packages, authenticates users, generates access codes and sends real-time notifications. The software is critical to the smooth operation and integration of smart parcel lockers into the logistics ecosystem.

Smart Parcel Locker Market, By Type

  • Modular Parcel Lockers
  • Cooling Lockers for Fresh Food
  • Postal Lockers
  • Laundry Lockers

Based on Type, the market is segmented into Modular Parcel Lockers, Cooling Lockers for Fresh Food, Postal Lockers and Laundry Lockers. Modular parcel lockers can be customized to fit different parcel sizes and locations, Cooling lockers keep perishable items cool during delivery, Postal lockers store packages securely for recipients, and laundry lockers allow for contactless laundry drop-off and pick-up. Each model targets a distinct industrial need, improving convenience, security and efficiency in parcel handling across a wide range of sectors in the expanding smart locker market.

Smart Parcel Locker Market, By Application

  • Commercial Buildings
  • Condos and Apartments
  • Retail BOPIS
  • Universities and Colleges
  • Others

So, where are these smart parcel lockers showing up? Everywhere! Think commercial buildings, condos and apartments, and the ever-popular retail BOPIS (buy online, pick up in-store). Even universities and colleges are joining the party. It seems like businesses are really driving this trend, but retail BOPIS is exploding, with almost half of shoppers preferring it last year. And with package theft worries a real concern (53% of employees worry!), companies like Goodman Real Estate are providing package lockers for their people. Don't forget about apartments, condos, and universities where smart lockers are simplifying package delivery, reducing headaches (and liability!) for property managers and school staff. It's actually pretty cool – over 42% of college administrators are already investing in these smart locker solutions, which is pretty impressive!

Smart Parcel Locker Market, By Geography

  • North America
  • Europe
  • Asia Pacific
  • Rest of the World

When we look at the Global Smart Parcel Locker Market by geography, it breaks down into four key areasNorth America, Europe, Asia Pacific, and the Rest of the World. North America is really leading the charge, thanks to its love of new tech and all that online shopping. Europe's not far behind, especially with all the smart city initiatives and folks moving to urban areas. But Asia Pacific is seeing major growth, especially with e-commerce booming in countries like China and India. And don't forget the rest of the world! They're also getting in on the action, using smart lockers to solve those tricky "last-mile delivery" headaches. Basically, each region's unique economic situation and tech scene is shaping how these smart parcel lockers are being adopted and growing around the globe in different marketplaces.

Key Players

The Global Smart Parcel Locker Market study report will provide valuable insight with an emphasis on the global market. The major players in the market are Ricoh Group, Quadient SA, TZ Limited, Pitney Bowes Inc., KEBA Group AG, Cleveron, LUXER Corporation, ParcelPort Solutions, Inc., Hollman, Inc., Shenzhen Zhilai Sci and Tech Co.

Our market analysis also entails a section solely dedicated to such major players wherein our analysts provide an insight into the financial statements of all the major players, along with product benchmarking and SWOT analysis. The competitive landscape section also includes key development strategies, market share, and market ranking analysis of the above-mentioned players globally.

Smart Parcel Locker Market Recent Developments

  • In June 2023, Bell & Howell announced that a leading supermarket chain in the United States had implemented their BH QuickCollect GO! Pod to boost customer happiness and last-mile delivery efficiency.
  • In September 2022, Quadient, a smart locker supplier, teamed with DHL Parcel U.K. to safeguard delivery by installing over 500 locker stations. In 2022, 500 locker stations were established in the U.K., with an additional 5,000 anticipated for future years. The majority of these stations are outside and open 24/7.
  • In April 2022, TZ Limited secured a contract to build 3,000 TZ smart lockers with the NSW Government Department in Australia. The company updated the department’s existing lockers using advanced cloud-based technology.

Report Scope

REPORT ATTRIBUTESDETAILS
Study Period

2021-2031

Base Year

2024

Forecast Period

2024-2031

Historical Period

2021-2023

Unit

Value (USD Million)

Key Companies Profiled

Ricoh Group, Quadient SA, TZ Limited, Pitney Bowes Inc., KEBA Group AG, Cleveron, LUXER Corporation, ParcelPort Solutions, Inc., Hollman, Inc., Shenzhen Zhilai Sci and Tech Co.

Segments Covered

By Deployment, By Component, By Type, By Application, and By Geography.

Customization scope

Free report customization (equivalent up to 4 analyst’s working days)  with purchase. Addition or alteration to country, regional & segment scope

Research Methodology of Market Research

To know more about the Research Methodology and other aspects of the research study, kindly get in touch with our .

Reasons to Purchase this Report

We'll dig into the market using both numbers and deeper trends, breaking it down into key segments based on money matters and other things that influence choices. You'll get market value (in USD Billion) for every segment and sub-segment, plus we'll point out which region and segment we think will grow the fastest and lead the way. We'll also look at how the product/service is being used in different regions, explaining what's driving the market in each place. Think of it as a geographic deep-dive. For the competitive scene, we'll show you the market rankings of the big players, what new stuff they've launched, who they've teamed up with, how they've expanded, and any M&A activity from the last five years. We'll give you detailed company profiles for those key players, including overviews, insights, product comparisons, and SWOT analyses. We’ll lay out what we see happening now and in the future for the industry, keeping an eye on recent events – that means spotting chances for growth, what's pushing the market forward, and what's holding it back in both up-and-coming and established areas. Porter’s five forces analysis will give you an in-depth view from different angles. Finally, we’ll give you the inside scoop on the market's value chain, the market's dynamics, plus future growth opportunities. Oh, and you get 6 months of support from our analysts after the sale!

Customization of the Report

In case of any please connect with our sales team, who will ensure that your requirements are met.

Table of Content

To get a detailed Table of content/ Table of Figures/ Methodology Please contact our sales person at ( chris@marketinsightsresearch.com )

List Tables Figures

To get a detailed Table of content/ Table of Figures/ Methodology Please contact our sales person at ( chris@marketinsightsresearch.com )

FAQ'S

For a single, multi and corporate client license, the report will be available in PDF format. Sample report would be given you in excel format. For more questions please contact:

sales@marketinsightsresearch.com

Within 24 to 48 hrs.

You can contact Sales team (sales@marketinsightsresearch.com) and they will direct you on email

You can order a report by selecting payment methods, which is bank wire or online payment through any Debit/Credit card, Razor pay or PayPal.