Asia Pacific Smart Parcel Delivery Locker Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Type (Standard Smart Locker and Temperature Controlled Smart Locker), Component (Hardware and Software), and Application (Retail, Residential, University, Office, and Others)
The APAC smart parcel delivery locker market is expected to grow from US$ 134.66 million in 2021 to US$ 346.68 million by 2028; it is estimated to grow at a CAGR of 14.5% from 2021 to 2028.
Players in the smart parcel delivery locker market are adopting and innovating new products to cater to the demands of evolving online marketplaces, emerging businesses, retailers, and consumers. The rise in trend of digitization and increase in demand for faster, more flexible, and lower-cost parcel delivery services are driving the market. The proliferation of the internet and smart devices has increased users' ability to manage the entire transaction from product selection to payment to shipment tracking on their smartphones. Rising disposable income and changing consumer preferences are fueling the demand for digital parcel delivery solutions. Digital parcel delivery enables customers to retrieve packages and mails by providing a centralized delivery point and audit tracking benefits. Electronic digital parcel delivery lockers installed at apartment complexes, small businesses, and large enterprises send instant notifications to the recipient that their package has arrived. The smart locker also ensures that their package is safe and secure throughout every step of the delivery process. An immense surge in the growth of online platforms post-COVID-19 pandemic is further driving the demand for digital and advanced smart parcel lockers across APAC region.
In case of COVID-19, APAC is highly affected specially India. The COVID-19 pandemic has not only disrupted the overall economy and e-commerce market in APAC but has also changed the buyers’ attitude toward the sector. A rise in consumer demand for expensive safety features for parcel storage and management is encouraging manufacturers to invest in high-end technological solutions. The market rebound in the last few months is encouraging the growth of smart parcel delivery locker solutions. The increasing trend toward e-commerce as the economies start to open and function again is likely to be sustained during recovery and the post-pandemic era. Countries in the APAC region are anticipated to harness the potential of e-commerce and benefit from digitalization. For instance, Indonesia launched a capacity-building program to expedite digitization among micro, small, and medium enterprises. Further, the growing demand for technologies that reduce contact between people and surfaces would propel the smart parcel delivery locker market growth.
With the new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the APAC smart parcel delivery locker market. The APAC smart parcel delivery locker market is expected to grow at a good CAGR during the forecast period.
APAC Smart Parcel Delivery Locker Market Revenue and Forecast to 2028 (US$ Million)
APAC Smart Parcel Delivery Locker Market Segmentation
APAC Smart Parcel Delivery Locker Market – By Type
- Standard Smart Locker
- Temperature Controlled Smart Locker
APAC Smart Parcel Delivery Locker Market – By Component
- Hardware
- Software
APAC Smart Parcel Delivery Locker Market – By Application
- Retail
- Residential
- University
- Office
- Others
APAC Smart Parcel Delivery Locker Market, by Country
- China
- Japan
- India
- South Korea
- Australia
- Rest of APAC
APAC Smart Parcel Delivery Locker Market - Companies Mentioned
- Cleveron
- KEBA
- Smartbox Ecommerce Solutions Private Limited
- TZ Limited
1. Introduction
1.1 Study Scope
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
2. Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. APAC Smart Parcel Delivery Locker Market Landscape
4.1 Market Overview
4.2 APAC PEST Analysis
4.3 Ecosystem Analysis
4.4 Expert Opinions
5. APAC Smart Parcel Delivery Locker Market – Key Market Dynamics
5.1 Market Drivers
5.1.1 Surging E-Commerce and Parcel Volumes
5.1.2 Escalating Demand for Digital Parcel Delivery Solutions
5.2 Market Restraints
5.2.1 Issues Regarding Cyber Security Threats
5.3 Market Opportunities
5.3.1 Burgeoning Advancements in Autonomous Technology for Storage and Management of Parcels
5.4 Future Trends
5.4.1 Rise of Buy Online, Pick Up in Store (BOPIS) Trend
5.5 Impact Analysis of Drivers and Restraints
6. Smart Parcel Delivery Locker Market – APAC Analysis
6.1 APAC Smart Parcel Delivery Locker Market Overview
6.2 APAC Smart Parcel Delivery Locker Market Revenue Forecast and Analysis
7. APAC Smart Parcel Delivery Locker Market Analysis – By Type
7.1 Overview
7.2 APAC Smart Parcel Delivery Locker Market, By Type (2020 & 2028)
7.3 Standard Smart Locker
7.3.1 Overview
7.3.2 Standard Smart Locker: Smart Parcel Delivery Locker Market Revenue and Forecast to 2028 (US$ Million)
7.4 Temperature Controlled Smart Locker
7.4.1 Overview
7.4.2 Temperature Controlled Smart Locker: Smart Parcel Delivery Locker Market Revenue and Forecast to 2028 (US$ Million)
8. APAC Smart Parcel Delivery Locker Market Analysis – By Component
8.1 Overview
8.2 APAC Smart Parcel Delivery Locker Market, by Component (2020 & 2028)
8.3 Hardware
8.3.1 Overview
8.3.2 Hardware: Smart Parcel Delivery Locker Market Revenue and Forecast to 2028 (US$ Million)
8.4 Software
8.4.1 Overview
8.4.2 Software: Smart Parcel Delivery Locker Market Revenue and Forecast to 2028 (US$ Million)
9. APAC Smart Parcel Delivery Locker Market Analysis – By Application
9.1 Overview
9.2 APAC Smart Parcel Delivery Locker Market, By Application (2020 & 2028)
9.3 Retail
9.3.1 Overview
9.3.2 Retail: Smart Parcel Delivery Locker Market Revenue and Forecast to 2028 (US$ Million)
9.4 Residential
9.4.1 Overview
9.4.2 Residential: Smart Parcel Delivery Locker Market Revenue and Forecast to 2028 (US$ Million)
9.5 University
9.5.1 Overview
9.5.2 University: Smart Parcel Delivery Locker Market Revenue and Forecast to 2028 (US$ Million)
9.6 Office
9.6.1 Overview
9.6.2 Office: Smart Parcel Delivery Locker Market Revenue and Forecast to 2028 (US$ Million)
9.7 Others
9.7.1 Overview
9.7.2 Others: Smart Parcel Delivery Locker Market Revenue and Forecast to 2028 (US$ Million)
10. APAC Smart Parcel Delivery Locker Market – Country Analysis
10.1 Overview
10.1.1 APAC: Smart Parcel Delivery Locker Market, By Country
10.1.1.1 Australia: Smart Parcel Delivery Locker Market – Revenue and Forecast to 2028 (US$ Million)
10.1.1.1.1 Australia: Smart Parcel Delivery Locker Market, By Type
10.1.1.1.2 Australia: Smart Parcel Delivery Locker Market, By Component
10.1.1.1.3 Australia: Smart Parcel Delivery Locker Market, By Application
10.1.1.2 China: Smart Parcel Delivery Locker Market – Revenue and Forecast to 2028 (US$ Million)
10.1.1.2.1 China: Smart Parcel Delivery Locker Market, By Type
10.1.1.2.2 China: Smart Parcel Delivery Locker Market, By Component
10.1.1.2.3 China: Smart Parcel Delivery Locker Market, By Application
10.1.1.3 India: Smart Parcel Delivery Locker Market – Revenue and Forecast to 2028 (US$ Million)
10.1.1.3.1 India: Smart Parcel Delivery Locker Market, By Type
10.1.1.3.2 India: Smart Parcel Delivery Locker Market, By Component
10.1.1.3.3 India: Smart Parcel Delivery Locker Market, By Application
10.1.1.4 Japan: Smart Parcel Delivery Locker Market – Revenue and Forecast to 2028 (US$ Million)
10.1.1.4.1 Japan: Smart Parcel Delivery Locker Market, By Type
10.1.1.4.2 Japan: Smart Parcel Delivery Locker Market, By Component
10.1.1.4.3 Japan: Smart Parcel Delivery Locker Market, By Application
10.1.1.5 South Korea: Smart Parcel Delivery Locker Market – Revenue and Forecast to 2028 (US$ Million)
10.1.1.5.1 South Korea: Smart Parcel Delivery Locker Market, By Type
10.1.1.5.2 South Korea: Smart Parcel Delivery Locker Market, By Component
10.1.1.5.3 South Korea: Smart Parcel Delivery Locker Market, By Application
10.1.1.6 Rest of APAC: Smart Parcel Delivery Locker Market – Revenue and Forecast to 2028 (US$ Million)
10.1.1.6.1 Rest of APAC: Smart Parcel Delivery Locker Market, By Type
10.1.1.6.2 Rest of APAC: Smart Parcel Delivery Locker Market, By Component
10.1.1.6.3 Rest of APAC: Smart Parcel Delivery Locker Market, By Application
11. APAC Smart Parcel Delivery Locker Market - COVID-19 Impact Analysis
11.1 APAC: Impact Assessment of COVID-19 Pandemic
12. Industry Landscape
12.1 Overview
12.2 Market Initiative
13. Company Profiles
13.1 Cleveron
13.1.1 Key Facts
13.1.2 Business Description
13.1.3 Products and Services
13.1.4 Financial Overview
13.1.5 SWOT Analysis
13.1.6 Key Developments
13.2 KEBA
13.2.1 Key Facts
13.2.2 Business Description
13.2.3 Products and Services
13.2.4 Financial Overview
13.2.5 SWOT Analysis
13.2.6 Key Developments
13.3 Smartbox Ecommerce Solutions Private Limited
13.3.1 Key Facts
13.3.2 Business Description
13.3.3 Products and Services
13.3.4 Financial Overview
13.3.5 SWOT Analysis
13.3.6 Key Developments
13.4 TZ Limited
13.4.1 Key Facts
13.4.2 Business Description
13.4.3 Products and Services
13.4.4 Financial Overview
13.4.5 SWOT Analysis
13.4.6 Key Developments
14. Appendix
14.1 About The Insight Partners
14.2 Word Index
LIST OF TABLES
Table 1. APAC Smart Parcel Delivery Locker Market Revenue and Forecast to 2028 (US$ Million)
Table 2. APAC Smart Parcel Delivery Locker Market, By Country – Revenue and Forecast to 2028 (US$ Million)
Table 3. Australia Smart Parcel Delivery Locker Market, By Type – Revenue and Forecast to 2028 (US$ Million)
Table 4. Australia Smart Parcel Delivery Locker Market, By Component – Revenue and Forecast to 2028 (US$ Million)
Table 5. Australia Smart Parcel Delivery Locker Market, By Application– Revenue and Forecast to 2028 (US$ Million)
Table 6. China Smart Parcel Delivery Locker Market, By Type – Revenue and Forecast to 2028 (US$ Million)
Table 7. China Smart Parcel Delivery Locker Market, By Component – Revenue and Forecast to 2028 (US$ Million)
Table 8. China Smart Parcel Delivery Locker Market, By Application– Revenue and Forecast to 2028 (US$ Million)
Table 9. India Smart Parcel Delivery Locker Market, By Type – Revenue and Forecast to 2028 (US$ Million)
Table 10. India Smart Parcel Delivery Locker Market, By Component – Revenue and Forecast to 2028 (US$ Million)
Table 11. India Smart Parcel Delivery Locker Market, By Application– Revenue and Forecast to 2028 (US$ Million)
Table 12. Japan Smart Parcel Delivery Locker Market, By Type– Revenue and Forecast to 2028 (US$ Million)
Table 13. Japan Smart Parcel Delivery Locker Market, By Component– Revenue and Forecast to 2028 (US$ Million)
Table 14. Japan Smart Parcel Delivery Locker Market, By Application– Revenue and Forecast to 2028 (US$ Million)
Table 15. South Korea Smart Parcel Delivery Locker Market, By Type – Revenue and Forecast to 2028 (US$ Million)
Table 16. South Korea Smart Parcel Delivery Locker Market, By Component – Revenue and Forecast to 2028 (US$ Million)
Table 17. South Korea Smart Parcel Delivery Locker Market, By Application– Revenue and Forecast to 2028 (US$ Million)
Table 18. Rest of APAC Smart Parcel Delivery Locker Market, By Type – Revenue and Forecast to 2028 (US$ Million)
Table 19. Rest of APAC Smart Parcel Delivery Locker Market, By Component – Revenue and Forecast to 2028 (US$ Million)
Table 20. Rest of APAC Smart Parcel Delivery Locker Market, By Application– Revenue and Forecast to 2028 (US$ Million)
Table 21. List of Abbreviation
LIST OF FIGURES
Figure 1. APAC Smart Parcel Delivery Locker Market Segmentation
Figure 2. APAC Smart Parcel Delivery Locker Market Segmentation – By Country
Figure 3. APAC Smart Parcel Delivery Locker Market Overview
Figure 4. APAC Smart Parcel Delivery Locker Market, By Type
Figure 5. APAC Smart Parcel Delivery Locker Market, By Component
Figure 6. APAC Smart Parcel Delivery Locker Market, By Country
Figure 7. APAC – PEST Analysis
Figure 8. APAC Smart Parcel Delivery Locker Market- Ecosystem Analysis
Figure 9. APAC Smart Parcel Delivery Locker Market Impact Analysis of Drivers and Restraints
Figure 10. APAC Smart Parcel Delivery Locker Market Revenue Forecast and Analysis (US$ Million)
Figure 11. APAC Smart Parcel Delivery Locker Market, by Type (2020 & 2028)
Figure 12. APAC Standard smart locker: Smart Parcel Delivery Locker Market Revenue and Forecast to 2028 (US$ Million)
Figure 13. APAC Temperature controlled smart locker: Smart Parcel Delivery Locker Market Revenue and Forecast to 2028 (US$ Million)
Figure 14. APAC Smart Parcel Delivery Locker Market, By Component (2020 & 2028)
Figure 15. APAC Hardware: Smart Parcel Delivery Locker Market Revenue and Forecast to 2028 (US$ Million)
Figure 16. APAC Software: Smart Parcel Delivery Locker Market Revenue and Forecast to 2028 (US$ Million)
Figure 17. APAC Smart Parcel Delivery Locker Market, By Application (2020 & 2028)
Figure 18. APAC Retail: Smart Parcel Delivery Locker Market Revenue and Forecast to 2028 (US$ Million)
Figure 19. APAC Residential: Smart Parcel Delivery Locker Market Revenue and Forecast to 2028 (US$ Million)
Figure 20. APAC University: Smart Parcel Delivery Locker Market Revenue and Forecast to 2028 (US$ Million)
Figure 21. APAC Office: Smart Parcel Delivery Locker Market Revenue and Forecast to 2028 (US$ Million)
Figure 22. APAC Others: Smart Parcel Delivery Locker Market Revenue and Forecast to 2028 (US$ Million)
Figure 23. APAC: Smart Parcel Delivery Locker Market Revenue Overview, by Country (2020) (US$ Mn)
Figure 24. APAC: Smart Parcel Delivery Locker Market Revenue Share, By Country (2020 and 2028)
Figure 25. Australia: Smart Parcel Delivery Locker Market – Revenue and Forecast to 2028 (US$ Million)
Figure 26. China: Smart Parcel Delivery Locker Market – Revenue and Forecast to 2028 (US$ Million)
Figure 27. India: Smart Parcel Delivery Locker Market – Revenue and Forecast to 2028 (US$ Million)
Figure 28. Japan: Smart Parcel Delivery Locker Market – Revenue and Forecast to 2028 (US$ Million)
Figure 29. South Korea: Smart Parcel Delivery Locker Market – Revenue and Forecast to 2028 (US$ Million)
Figure 30. Rest of APAC: Smart Parcel Delivery Locker Market – Revenue and Forecast to 2028 (US$ Million)
Figure 31. Impact of COVID-19 Pandemic in APAC Country Markets
- Cleveron
- KEBA
- Smartbox Ecommerce Solutions Private Limited
- TZ Limited
- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the APAC smart parcel delivery locker market.
- Highlights key business priorities in order to assist companies to realign their business strategies
- The key findings and recommendations highlight crucial progressive industry trends in the APAC smart parcel delivery locker market, thereby allowing players across the value chain to develop effective long-term strategies
- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
- Scrutinize in-depth APAC market trends and outlook coupled with the factors driving the smart parcel delivery locker market, as well as those hindering it
- Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing, and distribution