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Globe and Mail
07-07-2025
- Business
- Globe and Mail
Smart Parcel Locker Market to Reach USD 1.52 Billion by 2030 – Exclusive Research Report by Arizton
"Smart Parcel Locker Market Research Report by Arizton" Industry Analysis Report, Regional Outlook, Growth Potential, Price Trends, Competitive Market Share & Forecast 2025–2030. According to Arizton's latest research report, the global smart parcel locker market is growing at a CAGR 7.50% of during 2024-2030. Looking for More Information? Click Report Scope: Market Size (2030): USD 1.52 Billion Market Size (2024): USD 990.49 Million CAGR (2024-2030): 7.50% Historic Year: 2021-2023 Base Year: 2024 Forecast Year: 2025-2030 Market Segmentation: Components, Type, End User, and Geography Geographic Analysis: North America, Europe, APAC, Latin America, and Middle East & Africa Largest Region (2024): North America Fastest-Growing Region: APAC The global smart parcel locker market size was valued at USD 990.49 million in 2024 and is expected to reach USD 1.52 billion by 2030, growing at a CAGR of 7.50% during the forecast period. The rise in e-commerce and the need for secure, convenient delivery solutions have increased the demand for smart lockers, allowing users to receive packages safely. Moreover, rising urbanization and a growing population in cities have led to space constraints, making smart lockers an efficient solution for storage in public areas. In addition, technological advances, such as mobile applications and IoT integration, enhance user convenience and security, further boosting smart parcel locker market growth. Also, the rising focus on contactless solutions, especially post-pandemic, has increased the popularity of smart lockers in various sectors, including retail, logistics, and residential applications. Technological Advancements Accelerate Efficiency in Smart Parcel Locker Networks With the growing adoption of smart parcel lockers, technology is playing a critical role in enhancing operational efficiency and user experience. Artificial intelligence is increasingly being integrated to optimize delivery schedules, predict pickup times, and manage routing based on dynamic variables such as traffic, weather, and vehicle capacity. Machine learning further supports intelligent route planning, enabling smarter allocation of resources and minimizing delivery delays. Reflecting this shift, in June 2024, Quadient launched Parcel Pending PLUS, an advanced locker solution with real-time analytics, multi-use compartments, and resident-centric features designed for multifamily properties. These innovations not only enhance operational performance but also drive customer satisfaction and long-term retention, positioning smart lockers as a future-proof solution in the evolving e-commerce ecosystem. Smart Parcel Locker Market News In January 2025, Quadient partnered with ScotRail to install smart parcel lockers across Scotland's rail network, enhancing commuter convenience and sustainability. The lockers offer 24/7 secure, contactless delivery and drop-off services. In April 2025, InPost secured a partnership with Vinted to handle parcels across key European markets, including the UK, Poland, France, Belgium, the Netherlands, Italy, Portugal, and Spain. This deal, extending through 2027, offers sellers a fast and eco-friendly delivery option via InPost's 82,000 lockers and PUDO points. Strategic Partnerships Drive Expansion of Smart Parcel Locker Networks Worldwide The growing demand for convenient and flexible delivery solutions is accelerating investment in smart parcel locker networks across the globe, especially in urban areas where traditional delivery methods face challenges such as congestion and limited access. To meet rising last-mile delivery needs, companies are increasingly partnering with retail chains, real estate developers, and municipalities to expand locker accessibility in high-density residential zones and commercial hubs. A notable example is Sainsbury's partnership with Royal Mail in April 2025, introducing over 1,500 parcel lockers and 7,000 collection points across UK stores, beginning in Clapham and Kidderminster and expanding further to provide seven-day access for sending and collecting parcels. Similarly, in March, Lazada deepened its partnership with Pick Network to enable 24/7 secure parcel collection, with plans to expand 40–50 high-traffic lockers by adding 20 compartments each, boosting capacity by up to 50% between May 2025 and March 2026. Pick Network, which handled 8 million parcels in 2024, is also joining forces with China's SF Express to diversify delivery offerings. These strategic collaborations underscore the global shift toward scalable, contactless delivery infrastructure tailored for urban convenience. Geographical Overview: Smart Parcel Locker Market Growth by Region The global smart parcel locker market is witnessing robust growth, fueled by rising e-commerce and the demand for efficient last-mile delivery solutions. North America leads with over 38% market share in 2024, driven by strong e-commerce penetration and advanced tech adoption. In Europe, increasing urban density and sustainability priorities are encouraging the deployment of smart lockers as a solution to reduce packaging waste and delivery-related congestion. Asia-Pacific is emerging as the fastest-growing region, with countries like China and India driving expansion through high digital penetration and cross-sector partnerships. Meanwhile, Latin America and the Middle East & Africa are gradually adopting smart locker technologies. Brazil leads in Latin America, while markets such as the UAE and South Africa are gaining traction, supported by rising e-commerce activity and improved logistics readiness. Key Company Profiles Quadient Pitney Bowes Inc. KEBA InPost S.A. Ricoh Other Prominent Company Profiles Abell International Pte Ltd ALFA 3, S.R.O. Alfred24 ARKA Smart Parcel Locker Bpostgroup Cesare Mauri S.R.L. Cleveron AS DeBourgh DPD Lietuva Godrej Interio Hongdian KernTerminal LockTec Luxer One OMNIC Package Concierge Package Nexus Panasonic Connect Parcel Hive ParcelPort Solutions Inc Pareva GmbH Pudo SantaPocket SHENZHEN ZHILAI SCI AND TECH CO. LTD Signifi Inc Smartbox Lockers Smiota Snaile Inc SwipBox International A/S Violanta Vpod Smart Solutions TZ Limited Market Segmentation & Forecast Components Hardware Software Type Modular Postal Laundry Temperature-Controlled End User Logistics Office & Workspace Buildings & Facilities Owners Others Geography North America The U.S. Canada Europe The U.K. Germany France Italy Spain Poland Netherlands Sweden APAC China Japan South Korea India Australia Indonesia Vietnam Latin America Brazil Argentina Middle East & Africa UAE Saudi Arabia South Africa Other Related Reports that Might be of Your Business Requirement Global Flexible Packaging Market - Focused Insights 2024-2029 Glass Packaging Market - Global Outlook & Forecast 2023-2028 What Key Findings Will Our Research Analysis Reveal? What is the growth rate of the global smart parcel locker market? How big is the global smart parcel locker market? What are the significant trends in the smart parcel locker market? Which region dominates the global smart parcel locker market share? Who are the key players in the global smart parcel locker market? Why Arizton? 100% Customer Satisfaction 24x7 availability – we are always there when you need us 200+ Fortune 500 Companies trust Arizton's report 80% of our reports are exclusive and first in the industry 100% more data and analysis 1500+ reports published till date Post-Purchase Benefit 1hr of free analyst discussion 10% off on customization About Us: Arizton Advisory and Intelligence is an innovative and quality-driven firm that offers cutting-edge research solutions to clients worldwide. We excel in providing comprehensive market intelligence reports and advisory and consulting services. We offer comprehensive market research reports on consumer goods & retail technology, automotive and mobility, smart tech, healthcare, life sciences, industrial machinery, chemicals, materials, I.T. and media, logistics, and packaging. These reports contain detailed industry analysis, market size, share, growth drivers, and trend forecasts. Arizton comprises a team of exuberant and well-experienced analysts who have mastered generating incisive reports. Our specialist analysts possess exemplary skills in market research. We train our team in advanced research practices, techniques, and ethics to outperform in fabricating impregnable research reports.
Yahoo
21-06-2025
- Business
- Yahoo
Descartes Systems acquires PackageRoute for $2M
Descartes Systems (DSGX) announced that it has acquired PackageRoute, a provider of final-mile carrier solutions that offers a mobile and web-based platform that provides real-time visibility into package deliveries, route optimization, and fleet management. 'PackageRoute works primarily with subcontracted delivery service providers working as agents for larger carriers. We believe PackageRoute customers can get substantial value from our integrated Descartes GroundCloud routing, safety and compliance solutions,' said James Wee, General Manager of Routing, Mobile and Telematics at Descartes. PackageRoute is headquartered in Sammamish, WA. Descartes acquired PackageRoute for approximately $2M, satisfied from cash on hand, the company noted. Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>> See the top stocks recommended by analysts >> Read More on DSGX: Disclaimer & DisclosureReport an Issue Descartes Systems Group Announces Shareholder Meeting Results Descartes Systems Group Reports Strong Shareholder Support at Annual Meeting Descartes Systems Group Reports Strong Q1 Earnings Descartes Systems price target lowered to $126 from $130 at RBC Capital Balanced Hold Rating for Descartes Systems Group Amid Revenue Miss and High Valuation Concerns
