Packet & Parcel Sorting System Market, Global Outlook and Forecast 2023-2032

Packet & Parcel Sorting System Market, Global Outlook and Forecast 20232032 Published Year : 2023

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Report Overview: • Global key players of packet & parcel sorting system include Interroll, Honeywell, Vanderlande Industries, Dematic (KION), Beumer Group and Siemens, etc.

• Top 5 players occupy for a share about 30%. Asia-Pacific is the largest market, with a share about 50%, followed by Europe and Americas. In terms of product, cross belt sorter is the largest segment, with a share over 28%. In terms of application, ecommerce is the largest market, with a share over 35%.

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Market Value: • The global Packet & Parcel Sorting System market was valued at US$ 3678.8 million in 2022 and is projected to reach US$ 4312.6 million by 2029, at a CAGR of 2.3% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.

CAGR of 2.3% (2023-2030)

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By Types: • Horizontal • Vertical

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By Applications:

E-commerce

Third-party Logistic Companies Postal Operators Others

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Full Report Url: https://www.statsmarketresearch.com/global-packet-pa rcel-sorting-system-forecast-2023-2032-134-7823207

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