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(USGovernment-News.Com, February 21, 2019 ) The global automated parcel delivery terminals market is valued at US$ 799.0 million in 2017 and is estimated to reach US$ 1973.4 million by 2025. APAC region consists of many developing countries which are slowly catching up pace in adopting automated parcel delivery terminals while the developed countries of APAC have made significant steps in adoption of automated parcel delivery terminals. With a collective population of over 3.5 billion, the region’s e-commerce market is growing significantly. Also, the population of APAC region comprises of young new generation, tech-savvy individuals who are demanding for innovative products and services.
1. Bell and Howell, LLC 2. Cleveron AS 3. Engy Group 4. ByBox Holdings Ltd. 5. InPost S.A. 6. KEBA AG 7. Neopost Group 8. Smartbox Ecommerce Solutions Pvt. Ltd. 9. TZ Ltd. 10. Winnsen Industry Co., Ltd. among others.
This report contains:
Market sizing for the global Automated Parcel Delivery Terminals Market. Compare major Automated Parcel Delivery Terminals providers strategies and approaches to the challenges they face Analysis of the effects deglobalisation trends may have for Automated Parcel Delivery Terminals providers Profiles of major Automated Parcel Delivery Terminals providers 5-year CAGR forecasts for Automated Parcel Delivery Terminals -intensive vertical sectors
According to World Bank projection, Asia Pacific will continue to account for 1/3rd of the global e-commerce industry. An extraordinary investment has been noticed within Asia Pacific e-commerce industry. For instance, in 2014, Alibaba’s IPO ranked world’s biggest at US$ 25 Bn, and Amazon invested around US$ 4.74 Bn in India. Furthermore, traditional brick and mortar business are also making considerable investments to accelerate their e-commerce business. Moreover, growth of cross-border commerce is also propelling the growth of e-commerce industry in the region.
In March 2016, DHL opened its innovation enter in Singapore with an aim to transform logistics operations in Asia Pacific. Also, in 2016, BOXiT launched parcel lockers in Malaysia. In 2014, InPost launched parcel lockers in Malaysia. During the same year, Pos Indonesia signed a contract with Gunnebo Indonesia c/o PT (distributor of TZ Ltd.) for parcel locker terminals trial in Indonesia. Further, in 2017, Smartbox.in, India’s first network of parcel lockers commenced its operations in the country. Also, in 2017, Palm Post Digital, Taiwan announced to introduce its range of parcel lockers, which will operate from more than 600 locations across Taiwan. In 2017, the Infocomm Media Development Authority (IMDA) tested out a parcel locker network in Punggol and Bukit Panjang HDB estates. It was performed under the Industry Digital Plan for the logistics sector, which is focused on helping the industry digitalize and promote sector-wide innovations. Further, in 2016, Singapore Post Limited introduced the country’s first island-wide open parcel locker service Rent-a-POP, a new service for POPStation. Also, in 2017, around 30 condominiums in Singapore installed parcel collection lockers.
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