- 20 February 2017
- Apex Insight News
A new report from Apex Insight shows that the value of the market for parcel lockers worldwide is now in excess of $750 million and is set for strong growth in the coming years.
Parcel lockers are increasingly being seen as a good solution for last mile delivery, and are also increasingly being used for the returns pathway.
Apex Insight believe that prospects for growth in parcel lockers are very good in the short to medium term. According to the report, called ‘The 2017 Global Parcel Locker Systems Market Report’, this growth forecast is based on:
• A pipeline of new deployments worldwide
• Plans to add further capacity in existing networks
• Our analysis of the longer-term market potential, which suggests ample headroom.
According Apex Insight, “There are around a dozen leading suppliers of locker systems, mostly based in Europe, China and Australia. While their systems have much in common, the report explores key differences between their locker hardware / functionality, their business models and their pricing structure and positioning. It also quantifies the current installed base of parcel lockers and explores some lessons learned from earlier deployments.”
The report by Apex Insight is based on extensive desk research, interviews with key players in the market, and is combined with the company’s long experience and extensive networks in the parcel locker segment. The analysts advise start-ups, investors and governments on parcel locker development. Recently, Apex Insight supported the Singapore government on its planned territory wide deployment of the systems.
If you wish to download the report, click here.
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