Asia Pacific Parcel Sortation System Market Forecast to 2030 - Regional Analysis

Description

List of Tables

The Asia Pacific parcel sortation system market was valued at US$ 643.93 million in 2022 and is expected to reach US$ 1,301.03 million by 2030; it is estimated to grow at a CAGR of 9.2% from 2022 to 2030.

Rise in Demand for Warehouse Management Systems Fuels the Asia Pacific Parcel Sortation System Market

A warehouse management system (WMS) refers to the monitoring, control, and optimization of warehouse-related activities and associated distribution systems. As the volume of parcels continues to grow, the need for scalable and flexible sortation solutions is also increasing significantly. A WMS can adapt to changing requirements, handle various parcel sizes and shapes, and integrate with different types of sortation equipment, making it an attractive option for companies looking to expand their parcel sorting capabilities.

In addition, with the rise in e-commerce portals, the retail industry has shifted its marketing from brick-and-mortar stores to online e-commerce websites to reduce infrastructural costs. The adoption of warehouse management systems accelerated due to the increase in E-commerce industry. The different type of warehouse management systems such as parcel handling and sortation systems is gaining prominence across different regions, attributing to the significant rise in the volume of items in the warehouses. As a result, the number of warehouses that are integrating their parcel sorting units with advanced sorting systems is expected to increase, which is likely to create a lucrative opportunity for the players operating in the parcel sortation systems market in the coming years.

Asia Pacific Parcel Sortation System Market Overview

Asia Pacific is predicted to record the fastest-expanding market for parcel sortation systems during the forecast period. Huge population growth and a rise in disposable incomes are a few factors increasing parcel volumes in the region; hence, to manage such increased volume, logistics players are using advanced technologies such as parcel sortation systems. Also, rapidly developing e-commerce marketplaces are generating the need for efficient parcel sortation systems in the region. Further, the rising number of sorting centers in highly populated cities in China and India drives the Asia Pacific parcel sortation system market in Asia Pacific.

Asia Pacific Parcel Sortation System Market Revenue and Forecast to 2030 (US$ Mn)

Asia Pacific Parcel Sortation System Market Segmentation

The Asia Pacific parcel sortation system market is segmented type, application, and country.

Based on type, the Asia Pacific parcel sortation system market is segmented into pop-up sorters, shoe sorters, cross belt sorters, tilt tray sorters, pushtray, and others. The cross belt sorters segment held the largest market share in 2022.

Based on application, the Asia Pacific parcel sortation system market is segmented into logistics industry, e-commerce industry, food & beverages industry, post and parcel services, airports, pharmaceutical industry, and others. The others segment held the largest market share in 2022.

Based on country, the Asia Pacific parcel sortation system market is segmented into Australia, China, India, Japan, South Korea, and the Rest of Asia Pacific. China dominated the Asia Pacific parcel sortation system market share in 2022.

Bastian Solutions LLC, BEUMER Group GmbH & Co KG, Daifuku Co Ltd, Honeywell International Inc, Interroll Holding GmbH, Murata Machinery Ltd, Siemens Logistics GmbH, and Vanderlande Industries BV are some of the leading companies operating in the Asia Pacific parcel sortation system market.

Product Code: BMIRE00029338

1. Introduction

1.1 The Insight Partners Research Report Guidance
1.2 Market Segmentation

2. Executive Summary

2.1 Key Insights
2.2 Market Attractiveness

3. Research Methodology

3.1 Coverage
3.2 Secondary Research
3.3 Primary Research

4. Asia Pacific Parcel Sortation Systems Market Landscape

4.1 Overview
4.2 Ecosystem Analysis
- 4.2.1 Component Providers:
- 4.2.2 System Integrators:
- 4.2.3 Consultants:
- 4.2.4 End-Users:

5. Asia Pacific Parcel Sortation Systems Market - Key Industry Dynamics

5.1 Key Market Drivers:
- 5.1.1 Rising Production Volume of Consumer Goods and Increasing Adoption of Automated Technologies
- 5.1.2 Significant Rise in E-Commerce Business
- 5.1.3 Growing Demand for High-performance Hardware Units
5.2 Key Market Restraints:
- 5.2.1 Technological and Technical Complexities
- 5.2.2 High Installation and Maintenance Cost of Parcel Sorting Systems
5.3 Key Market Opportunities:
- 5.3.1 Integration of AI, Industry 4.0, and IoT with Parcel Sorting System
- 5.3.2 Rise in Demand for Warehouse Management Systems
5.4 Future Trend:
- 5.4.1 Introduction of Cost-effective Advanced Parcel Sortation System
5.5 Impact of Drivers and Restraints:

6. Parcel Sortation Systems Market - Asia Pacific Market Analysis

6.1 Asia Pacific Parcel Sortation Systems Market Share, By Region (%), 2020 and 2030
6.2 Asia Pacific Parcel Sortation Systems Market Revenue (US$ Mn), 2020 - 2030

7. Asia Pacific Parcel Sortation Systems Market Analysis - Type

7.1 Overview
7.2 Asia Pacific Parcel Sortation Systems Market Revenue Share, By Type (2022 and 2030)
7.3 Pop-Up Sorter
- 7.3.1 Overview
- 7.3.2 Pop-Up Sorter: Asia Pacific Parcel Sortation Systems Market Revenue and Forecast to 2030 (US$ Million)
7.4 Shoe Sorter
- 7.4.1 Overview
- 7.4.2 Shoe Sorter: Asia Pacific Parcel Sortation Systems Market Revenue and Forecast to 2030 (US$ Million)
7.5 Cross Belt Sorter
- 7.5.1 Overview
- 7.5.2 Cross Belt Sorter: Asia Pacific Parcel Sortation Systems Market Revenue and Forecast to 2030 (US$ Million)
7.6 Tilt Tray Sorter
- 7.6.1 Overview
- 7.6.2 Tilt Tray Sorter: Asia Pacific Parcel Sortation Systems Market Revenue and Forecast to 2030 (US$ Million)
7.7 Pushtray Sorter
- 7.7.1 Overview
- 7.7.2 Pushtray Sorter: Asia Pacific Parcel Sortation Systems Market Revenue and Forecast to 2030 (US$ Million)
7.8 Others
- 7.8.1 Overview
- 7.8.2 Others: Asia Pacific Parcel Sortation Systems Market Revenue and Forecast to 2030 (US$ Million)

8. Asia Pacific Parcel Sortation Systems Market Analysis - Application

8.1 Overview
8.2 Asia Pacific Parcel Sortation Systems Market Revenue Share, By Application (2022 and 2030)
8.3 Logistics
- 8.3.1 Overview
- 8.3.2 Logistics: Asia Pacific Parcel Sortation Systems Market Revenue and Forecast to 2030 (US$ Million)
8.4 E-Commerce
- 8.4.1 Overview
- 8.4.2 E-Commerce: Asia Pacific Parcel Sortation Systems Market Revenue and Forecast to 2030 (US$ Million)
8.5 Food & Beverage
- 8.5.1 Overview
- 8.5.2 Food & Beverage: Asia Pacific Parcel Sortation Systems Market Revenue and Forecast to 2030 (US$ Million)
8.6 Post & Parcel
- 8.6.1 Overview
- 8.6.2 Post & Parcel: Asia Pacific Parcel Sortation Systems Market Revenue and Forecast to 2030 (US$ Million)
8.7 Airport
- 8.7.1 Overview
- 8.7.2 Airport: Asia Pacific Parcel Sortation Systems Market Revenue and Forecast to 2030 (US$ Million)
8.8 Pharmaceutical
- 8.8.1 Overview
- 8.8.2 Pharmaceutical: Asia Pacific Parcel Sortation Systems Market Revenue and Forecast to 2030 (US$ Million)
8.9 Others
- 8.9.1 Overview
- 8.9.2 Others: Asia Pacific Parcel Sortation Systems Market Revenue and Forecast to 2030 (US$ Million)

9. Asia Pacific Parcel Sortation Systems Market - Country Analysis

9.1 Overview
- 9.1.1 Asia Pacific Parcel Sortation Systems Market, by Key Country
  - 9.1.1.1 Australia: Asia Pacific Parcel Sortation Systems Market Revenue and Forecasts to 2030 (US$ Million)
    - 9.1.1.1.1 Australia: Asia Pacific Parcel Sortation Systems Market, By Type
    - 9.1.1.1.2 Australia: Asia Pacific Parcel Sortation Systems Market, By Type
    - 9.1.1.1.3 Australia: Asia Pacific Parcel Sortation Systems Market, By Application
  - 9.1.1.2 China: Asia Pacific Parcel Sortation Systems Market Revenue and Forecasts to 2030 (US$ Million)
    - 9.1.1.2.1 China: Asia Pacific Parcel Sortation Systems Market, By Type
    - 9.1.1.2.2 China: Asia Pacific Parcel Sortation Systems Market, By Type
    - 9.1.1.2.3 China: Asia Pacific Parcel Sortation Systems Market, By Application
  - 9.1.1.3 India: Asia Pacific Parcel Sortation Systems Market Revenue and Forecasts to 2030 (US$ Million)
    - 9.1.1.3.1 India: Asia Pacific Parcel Sortation Systems Market, By Type
    - 9.1.1.3.2 India: Asia Pacific Parcel Sortation Systems Market, By Type
    - 9.1.1.3.3 India: Asia Pacific Parcel Sortation Systems Market, By Application
  - 9.1.1.4 Japan: Asia Pacific Parcel Sortation Systems Market Revenue and Forecasts to 2030 (US$ Million)
    - 9.1.1.4.1 Japan: Asia Pacific Parcel Sortation Systems Market, By Type
    - 9.1.1.4.2 Japan: Asia Pacific Parcel Sortation Systems Market, By Type
    - 9.1.1.4.3 Japan: Asia Pacific Parcel Sortation Systems Market, By Application
  - 9.1.1.5 South Korea: Asia Pacific Parcel Sortation Systems Market Revenue and Forecasts to 2030 (US$ Million)
    - 9.1.1.5.1 South Korea: Asia Pacific Parcel Sortation Systems Market, By Type
    - 9.1.1.5.2 South Korea: Asia Pacific Parcel Sortation Systems Market, By Type
    - 9.1.1.5.3 South Korea: Asia Pacific Parcel Sortation Systems Market, By Application
  - 9.1.1.6 Rest of Asia Pacific: Asia Pacific Parcel Sortation Systems Market Revenue and Forecasts to 2030 (US$ Million)
    - 9.1.1.6.1 Rest of Asia Pacific: Asia Pacific Parcel Sortation Systems Market, By Type
    - 9.1.1.6.2 Rest of Asia Pacific: Asia Pacific Parcel Sortation Systems Market, By Type
    - 9.1.1.6.3 Rest of Asia Pacific: Asia Pacific Parcel Sortation Systems Market, By Application

10. Competitive Landscape

10.1 Company Positioning & Concentration

11. Industry Landscape

11.1 Overview
11.2 Market Initiative
11.3 Product Development
11.4 Mergers & Acquisitions

12. Company Profiles

12.1 Siemens Logistics GmbH
- 12.1.1 Key Facts
- 12.1.2 Business Description
- 12.1.3 Products and Services
- 12.1.4 Financial Overview
- 12.1.5 SWOT Analysis
- 12.1.6 Key Developments
12.2 Honeywell International Inc
- 12.2.1 Key Facts
- 12.2.2 Business Description
- 12.2.3 Products and Services
- 12.2.4 Financial Overview
- 12.2.5 SWOT Analysis
- 12.2.6 Key Developments
12.3 Bastian Solutions LLC
- 12.3.1 Key Facts
- 12.3.2 Business Description
- 12.3.3 Products and Services
- 12.3.4 Financial Overview
- 12.3.5 SWOT Analysis
- 12.3.6 Key Developments
12.4 Daifuku Co Ltd
- 12.4.1 Key Facts
- 12.4.2 Business Description
- 12.4.3 Products and Services
- 12.4.4 Financial Overview
- 12.4.5 SWOT Analysis
- 12.4.6 Key Developments
12.5 Murata Machinery Ltd
- 12.5.1 Key Facts
- 12.5.2 Business Description
- 12.5.3 Products and Services
- 12.5.4 Financial Overview
- 12.5.5 SWOT Analysis
- 12.5.6 Key Developments
12.6 Interroll Holding GmbH
- 12.6.1 Key Facts
- 12.6.2 Business Description
- 12.6.3 Products and Services
- 12.6.4 Financial Overview
- 12.6.5 SWOT Analysis
- 12.6.6 Key Developments
12.7 BEUMER Group GmbH & Co KG
- 12.7.1 Key Facts
- 12.7.2 Business Description
- 12.7.3 Products and Services
- 12.7.4 Financial Overview
- 12.7.5 SWOT Analysis
- 12.7.6 Key Developments
12.8 Vanderlande Industries BV
- 12.8.1 Key Facts
- 12.8.2 Business Description
- 12.8.3 Products and Services
- 12.8.4 Financial Overview
- 12.8.5 SWOT Analysis
- 12.8.6 Key Developments

13. Appendix

13.1 Appendix