The Europe Intelligent Parcel Locker Market would witness market growth of 11.3% CAGR during the forecast period (2022-2028).
For many online marketers, this is a significant step in the right direction. The electronic technology has real-time analytics capabilities and cloud-based software that can track, manage, and control inventory and assets. All of this leads to increased productivity, which decreases the demand for employees and, thus, lowers expenses for some businesses.
If users are quite familiar with how to parcel lockers work, won't hesitate to adopt such a clever solution into the company for consumables administration, delivery confirmation, asset control, and others. Retail stores are finding that the buy online, pick up in-store (BOPIS) strategy works best for them. Customers can shop from the convenience of their homes using BOPIS, and the packages will be delivered to a store or pickup site.
In Germany and other countries, Pack station is a service provided by DHL Parcel Germany, a business subdivision of Deutsche Post's Mail division (e.g. in Italy). It was initially a test program in 2001, but it swiftly grew. In Germany, there are 3,000 Pack station units and 90% of German residents lived within ten minutes of a DHL Pack station. Pack stations only accept standard packages and mails delivered by Deutsche Post.
The Germany market dominated the Europe Intelligent Parcel Locker Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $104.1 million by 2028.The UK market is anticipated to grow at a CAGR of 10.4% during (2022 - 2028). Additionally, The France market would exhibit a CAGR of 12.1% during (2022 - 2028).
Based on Application, the market is segmented into Indoor and Outdoor. Based on Component, the market is segmented into Hardware and Software. Based on End User, the market is segmented into Residential and Non-residential. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
Free Valuable Insights: The Global Intelligent Parcel Locker Market will Hit $1.5 Billion by 2028, at a CAGR of 11.8%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include CKI Locker LLC (Cole Kepro International, LLC), Cleveron (Posti Group Corporation), Florence Corporation (Gibraltar Industries, Inc.), Hollman, Inc., KEBA Group AG, Luxer Corporation (Assa Abloy AB), Package Nexus, Parcel Port Solutions, Inc., Pitney Bowes, Inc., and Quadient.
By Application
By Component
By End User
By Country
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