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South & Central America Parcel Sortation System Market Forecast to 2030
South & Central America Parcel Sortation System Market Forecast to 2030 – Regional Analysis – by Type (Pop-Up Sorters, Shoe Sorters, Cross Belt Sorters, Tilt Tray Sorters, Pushtray, and Others) and Application (Logistics Industry, E-Commerce Industry, Food & Beverages Industry, Post and Parcel Services, Airports, Pharmaceutical Industry, and Others)
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Description
Rising Production Volume of Consumer Goods and Increasing Adoption of Automated Technologies Fuels the South & Central America Parcel Sortation System Market
The rise in the global population is tremendously increasing the demand for multiple product categories in the automotive, pharmaceutical, retail, electronics, food & beverage, and many other industries. To cater to this rising demand, manufacturers are making several efforts to increase their production significantly, which is generating an extensive requirement for sorting and storage facilities. Warehouses, storage centers, and distribution centers play a vital role in maintaining stocks of consumer goods in various companies. Minimal damage to the products while storage, low storage costs, and ease of sorting are a few significant features of an efficient storage and sortation system, which are contributing to its demand among manufacturers and supply chain partners.
Moreover, the adoption of different automated technologies is consistently growing across the globe. The manufacturing industry is a major adopter of automated technologies owing to the increasing labor cost as well as the aging population. The automated technologies also facilitated the manufacturing industry to increase their production volume and generate high revenues. With the growing number of consumer goods, the parcel sortation facility centers are challenged by the inefficiency of the traditional parcel sortation systems, such as sorting huge volumes of parcels, shorter processing windows, and increasing technical errors. Hence, to overcome this challenge and easily sort the parcels in the designated segments, warehouses, logistics facility centers, airports, and dockyards are increasingly procuring automated technologies. This factor is driving the parcel sortation systems market.
South & Central America Parcel Sortation System Market Overview
The South & Central America parcel sortation system market is expected to grow significantly owing to the rise in e-commerce business and infrastructural development in countries such as Brazil and Argentina. Also, several initiatives taken by government institutions, such as creating the Panama Pacific Special Economic Zone, help to build a strong infrastructure for the logistics industry, thereby driving the parcel sortation system market in the region.
South & Central America Parcel Sortation System Market Revenue and Forecast to 2030 (US$ Mn)
South & Central America Parcel Sortation System Market Segmentation
The South & Central America parcel sortation system market is segmented type, application, and country.
Based on type, the South & Central America parcel sortation system market is segmented into pop-up sorters, shoe sorters, cross belt sorters, tilt tray sorters, pushtray, and others. The cross belt sorters segment held the largest market share in 2022.
Based on application, the South & Central America parcel sortation system market is segmented into logistics industry, e-commerce industry, food & beverages industry, post and parcel services, airports, pharmaceutical industry, and others. The others segment held the largest market share in 2022.
Based on country, the South & Central America parcel sortation system market is segmented into Brazil, Argentina, and the Rest of South & Central America. Brazil dominated the South & Central America parcel sortation system market share in 2022.
Bastian Solutions LLC, BEUMER Group GmbH & Co KG, Daifuku Co Ltd, Honeywell International Inc, Interroll Holding GmbH, Vanderlande Industries BV, and Viastore SYSTEMS GmbH are some of the leading companies operating in the South & Central America parcel sortation system market.
Summary Info
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According to The Research Team’ research, the South & Central America parcel sortation system market was valued at US$ 188.63 million in 2022 and is expected to reach US$ 350.75 million by 2030, registering a CAGR of 8.1% from 2022 to 2030. Significant rise in e-commerce business and growing demand for high-performance hardware units are among the critical factors attributed to the South & Central America parcel sortation system market expansion.
Many parcel sortation systems manufacturers are integrating their products with advanced technologies to gain customer attraction. However, the integration of advanced technologies and software is increasing the upfront cost of the systems. Thus, these manufacturers are focusing on developing advanced parcel sortation systems with reduced prices of the final products as well as the cost involved in their maintenance. This factor is expected to substantially increase the procurement of such technologies, which can help the warehouses, airports, dockyards, and delivery centers in developing countries to efficiently sort the parcels. Thus, the introduction of cost-effective advanced parcel sortation systems is expected to fuel the parcel sortation systems market growth during the forecast period.
On the contrary, technological, and technical complexities hampers on the growth of South & Central America parcel sortation system market.
Based on product type, the South & Central America parcel sortation system market is segmented into pop-up sorters, shoe sorters, cross belt sorters, tilt tray sorters, pushtray, and others. The cross belt sorters segment held 31.3% share of South & Central America parcel sortation system market in 2022, amassing US$ 59.01 million. It is projected to garner US$ 99.82 million by 2030 to expand at 6.8% CAGR during 2022–2030.
Based on application, the South & Central America parcel sortation system market is segmented into logistics industry, e-commerce industry, food & beverages industry, post and parcel services, airports, pharmaceutical industry, and others. The others segment held 27.0% share of South & Central America parcel sortation system market in 2022, amassing US$ 50.95 million. It is projected to garner US$ 90.05 million by 2030 to expand at 7.4% CAGR during 2022–2030.
Based on country, the South & Central America parcel sortation system market has been categorized into Brazil, Argentina, and the Rest of South & Central America. Our regional analysis states that Brazil captured 53.1% share of South & Central America parcel sortation system market in 2022. It was assessed at US$ 100.14 million in 2022 and is likely to hit US$ 196.07 million by 2030, exhibiting a CAGR of 8.8% during 2022–2030.
Key players operating in the South & Central America parcel sortation system market are Bastian Solutions LLC, BEUMER Group GmbH & Co KG, Daifuku Co Ltd, Honeywell International Inc, Interroll Holding GmbH, Vanderlande Industries BV, and Viastore SYSTEMS GmbH, among others.
o Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the South & Central America parcel sortation systems market.
o Highlights key business priorities in order to assist companies to realign their business strategies.
o The key findings and recommendations highlight crucial progressive industry trends in South & Central America parcel sortation systems market, thereby allowing players across the value chain to develop effective long-term strategies.
o Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
o Scrutinize in-depth South & Central America market trends and outlook coupled with the factors driving the market, as well as those hindering it.
o Enhance the decision-making process by understanding the strategies that underpin security interest with respect to client products, segmentation, pricing and distribution.
TABLE OF CONTENTS
1. Introduction
1.1 The Research Team Research Report Guidance
1.2 Market Segmentation
2. Executive Summary
2.1 Key Insights
2.2 Market Attractiveness
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. South & Central America Parcel Sortation Systems Market Landscape
4.1 Overview
4.2 Ecosystem Analysis
4.2.1 Component Providers:
4.2.2 System Integrators:
4.2.3 Consultants:
4.2.4 End-Users:
5. South & Central America Parcel Sortation Systems Market – Key Industry Dynamics
5.1 Key Market Drivers:
5.1.1 Rising Production Volume of Consumer Goods and Increasing Adoption of Automated Technologies
5.1.2 Significant Rise in E-Commerce Business
5.1.3 Growing Demand for High-performance Hardware Units
5.2 Key Market Restraints:
5.2.1 Technological and Technical Complexities
5.2.2 High Installation and Maintenance Cost of Parcel Sorting Systems
5.3 Key Market Opportunities:
5.3.1 Integration of AI, Industry 4.0, and IoT with Parcel Sorting System
5.3.2 Rise in Demand for Warehouse Management Systems
5.4 Future Trend:
5.4.1 Introduction of Cost-effective Advanced Parcel Sortation System
5.5 Impact of Drivers and Restraints:
6. Parcel Sortation Systems Market – South & Central America Market Analysis
6.1 South & Central America Parcel Sortation Systems Market Share, By Region (%), 2020 and 2030
6.2 South & Central America Parcel Sortation Systems Market Revenue (US$ Mn), 2020 – 2030
7. South & Central America Parcel Sortation Systems Market Analysis – Type
7.1 Overview
7.2 South & Central America Parcel Sortation Systems Market Revenue Share, By Type (2022 and 2030)
7.3 Pop-Up Sorter
7.3.1 Overview
7.3.2 Pop-Up Sorter: South & Central America Parcel Sortation Systems Market Revenue and Forecast to 2030 (US$ Million)
7.4 Shoe Sorter
7.4.1 Overview
7.4.2 Shoe Sorter: South & Central America Parcel Sortation Systems Market Revenue and Forecast to 2030 (US$ Million)
7.5 Cross Belt Sorter
7.5.1 Overview
7.5.2 Cross Belt Sorter: South & Central America Parcel Sortation Systems Market Revenue and Forecast to 2030 (US$ Million)
7.6 Tilt Tray Sorter
7.6.1 Overview
7.6.2 Tilt Tray Sorter: South & Central America Parcel Sortation Systems Market Revenue and Forecast to 2030 (US$ Million)
7.7 Pushtray Sorter
7.7.1 Overview
7.7.2 Pushtray Sorter: South & Central America Parcel Sortation Systems Market Revenue and Forecast to 2030 (US$ Million)
7.8 Others
7.8.1 Overview
7.8.2 Others: South & Central America Parcel Sortation Systems Market Revenue and Forecast to 2030 (US$ Million)
8. South & Central America Parcel Sortation Systems Market Analysis – Application
8.1 Overview
8.2 South & Central America Parcel Sortation Systems Market Revenue Share, By Application (2022 and 2030)
8.3 Logistics
8.3.1 Overview
8.3.2 Logistics: South & Central America Parcel Sortation Systems Market Revenue and Forecast to 2030 (US$ Million)
8.4 E-Commerce
8.4.1 Overview
8.4.2 E-Commerce: South & Central America Parcel Sortation Systems Market Revenue and Forecast to 2030 (US$ Million)
8.5 Food & Beverage
8.5.1 Overview
8.5.2 Food & Beverage: South & Central America Parcel Sortation Systems Market Revenue and Forecast to 2030 (US$ Million)
8.6 Post & Parcel
8.6.1 Overview
8.6.2 Post & Parcel: South & Central America Parcel Sortation Systems Market Revenue and Forecast to 2030 (US$ Million)
8.7 Airport
8.7.1 Overview
8.7.2 Airport: South & Central America Parcel Sortation Systems Market Revenue and Forecast to 2030 (US$ Million)
8.8 Pharmaceutical
8.8.1 Overview
8.8.2 Pharmaceutical: South & Central America Parcel Sortation Systems Market Revenue and Forecast to 2030 (US$ Million)
8.9 Others
8.9.1 Overview
8.9.2 Others: South & Central America Parcel Sortation Systems Market Revenue and Forecast to 2030 (US$ Million)
9. South & Central America Parcel Sortation Systems Market – Country Analysis
9.1 Overview
9.1.1 South & Central America Parcel Sortation Systems Market, by Key Country
9.1.1.1 Brazil: South & Central America Parcel Sortation Systems Market Revenue and Forecasts to 2030 (US$ Million)
9.1.1.1.1 Brazil: South & Central America Parcel Sortation Systems Market, By Type
9.1.1.1.2 Brazil: South & Central America Parcel Sortation Systems Market, By Type
9.1.1.1.3 Brazil: South & Central America Parcel Sortation Systems Market, By Application
9.1.1.2 Argentina: South & Central America Parcel Sortation Systems Market Revenue and Forecasts to 2030 (US$ Million)
9.1.1.2.1 Argentina: South & Central America Parcel Sortation Systems Market, By Type
9.1.1.2.2 Argentina: South & Central America Parcel Sortation Systems Market, By Type
9.1.1.2.3 Argentina: South & Central America Parcel Sortation Systems Market, By Application
9.1.1.3 Rest of SAM: South & Central America Parcel Sortation Systems Market Revenue and Forecasts to 2030 (US$ Million)
9.1.1.3.1 Rest of SAM: South & Central America Parcel Sortation Systems Market, By Type
9.1.1.3.2 Rest of SAM: South & Central America Parcel Sortation Systems Market, By Type
9.1.1.3.3 Rest of SAM: South & Central America Parcel Sortation Systems Market, By Application
10. Competitive Landscape
10.1 Company Positioning & Concentration
11. Industry Landscape
11.1 Overview
11.2 Market Initiative
11.3 Product Development
11.4 Mergers & Acquisitions
12. Company Profiles
12.1 Honeywell International Inc
12.1.1 Key Facts
12.1.2 Business Description
12.1.3 Products and Services
12.1.4 Financial Overview
12.1.5 SWOT Analysis
12.1.6 Key Developments
12.2 Bastian Solutions LLC
12.2.1 Key Facts
12.2.2 Business Description
12.2.3 Products and Services
12.2.4 Financial Overview
12.2.5 SWOT Analysis
12.2.6 Key Developments
12.3 Daifuku Co Ltd
12.3.1 Key Facts
12.3.2 Business Description
12.3.3 Products and Services
12.3.4 Financial Overview
12.3.5 SWOT Analysis
12.3.6 Key Developments
12.4 Interroll Holding GmbH
12.4.1 Key Facts
12.4.2 Business Description
12.4.3 Products and Services
12.4.4 Financial Overview
12.4.5 SWOT Analysis
12.4.6 Key Developments
12.5 BEUMER Group GmbH & Co KG
12.5.1 Key Facts
12.5.2 Business Description
12.5.3 Products and Services
12.5.4 Financial Overview
12.5.5 SWOT Analysis
12.5.6 Key Developments
12.6 Vanderlande Industries BV
12.6.1 Key Facts
12.6.2 Business Description
12.6.3 Products and Services
12.6.4 Financial Overview
12.6.5 SWOT Analysis
12.6.6 Key Developments
12.7 Viastore SYSTEMS GmbH
12.7.1 Key Facts
12.7.2 Business Description
12.7.3 Products and Services
12.7.4 Financial Overview
12.7.5 SWOT Analysis
12.7.6 Key Developments
13. Appendix
13.1 Appendix
LIST OF TABLES
Table 1. South & Central America Parcel Sortation Systems Market Segmentation
Table 2. South & Central America Parcel Sortation Systems Market Revenue And Forecasts To 2030 (US$ Mn)
Table 3. South & Central America Parcel Sortation Systems Market Sales And Forecasts To 2030 (Units)
Table 4. South & Central America Parcel Sortation Systems Market, By Type – Revenue and Forecast to 2030 (US$ Million)
Table 5. South & Central America Parcel Sortation Systems Market, By Type – Sales and Forecast to 2030 (Units)
Table 6. South & Central America Parcel Sortation Systems Market, By Application – Revenue and Forecast to 2030 (US$ Million)
Table 7. Brazil: South & Central America Parcel Sortation Systems Market, By Type – Revenue and Forecast to 2030 (US$ Million)
Table 8. Brazil: South & Central America Parcel Sortation Systems Market, By Type – Sales and Forecast to 2030 (Units)
Table 9. Brazil: South & Central America Parcel Sortation Systems Market, By Application – Revenue and Forecast to 2030 (US$ Million)
Table 10. Argentina: South & Central America Parcel Sortation Systems Market, By Type – Revenue and Forecast to 2030 (US$ Million)
Table 11. Argentina: South & Central America Parcel Sortation Systems Market, By Type – Sales and Forecast to 2030 (Units)
Table 12. Argentina: South & Central America Parcel Sortation Systems Market, By Application – Revenue and Forecast to 2030 (US$ Million)
Table 13. Rest of SAM: South & Central America Parcel Sortation Systems Market, By Type – Revenue and Forecast to 2030 (US$ Million)
Table 14. Rest of SAM: South & Central America Parcel Sortation Systems Market, By Type – Sales and Forecast to 2030 (Units)
Table 15. Rest of SAM: South & Central America Parcel Sortation Systems Market, By Application – Revenue and Forecast to 2030 (US$ Million)
LIST OF FIGURES
Figure 1. South & Central America Parcel Sortation Systems Market Segmentation, By Country
Figure 2. South & Central America Parcel Sortation Systems Market – Ecosystem Analysis
Figure 3. South & Central America Parcel Sortation Systems Market – Key Industry Dynamics
Figure 4. Impact Analysis of Drivers and Restraints
Figure 5. South & Central America Parcel Sortation Systems Market Share, By Region (%), 2020 and 2030
Figure 6. South & Central America Parcel Sortation Systems Market Revenue (US$ Mn), 2020 – 2030
Figure 7. South & Central America Parcel Sortation Systems Market Revenue Share, By Type (2022 and 2030)
Figure 8. Pop-Up Sorter: South & Central America Parcel Sortation Systems Market Revenue and Forecast to 2030 (US$ Million)
Figure 9. Shoe Sorter: South & Central America Parcel Sortation Systems Market Revenue and Forecast to 2030 (US$ Million)
Figure 10. Cross Belt Sorter: South & Central America Parcel Sortation Systems Market Revenue and Forecast to 2030 (US$ Million)
Figure 11. Tilt Tray Sorter: South & Central America Parcel Sortation Systems Market Revenue and Forecast to 2030 (US$ Million)
Figure 12. Pushtray Sorter: South & Central America Parcel Sortation Systems Market Revenue and Forecast to 2030 (US$ Million)
Figure 13. Others: South & Central America Parcel Sortation Systems Market Revenue and Forecast to 2030 (US$ Million)
Figure 14. South & Central America Parcel Sortation Systems Market Revenue Share, By Application (2022 and 2030)
Figure 15. Logistics: South & Central America Parcel Sortation Systems Market Revenue and Forecast to 2030 (US$ Million)
Figure 16. E-Commerce: South & Central America Parcel Sortation Systems Market Revenue and Forecast to 2030 (US$ Million)
Figure 17. Food & Beverage: South & Central America Parcel Sortation Systems Market Revenue and Forecast to 2030 (US$ Million)
Figure 18. Post & Parcel: South & Central America Parcel Sortation Systems Market Revenue and Forecast to 2030 (US$ Million)
Figure 19. Airport: South & Central America Parcel Sortation Systems Market Revenue and Forecast to 2030 (US$ Million)
Figure 20. Pharmaceutical: South & Central America Parcel Sortation Systems Market Revenue and Forecast to 2030 (US$ Million)
Figure 21. Others: South & Central America Parcel Sortation Systems Market Revenue and Forecast to 2030 (US$ Million)
Figure 22. South & Central America Parcel Sortation Systems Market, by Key Country- Revenue (2022) (US$ Million)
Figure 23. South & Central America Parcel Sortation Systems Market -Revenue Share, By Key Country (2022 and 2030)
Figure 24. Brazil: South & Central America Parcel Sortation Systems Market Revenue and Forecasts to 2030 (US$ Million)
Figure 25. Argentina: South & Central America Parcel Sortation Systems Market Revenue and Forecasts to 2030 (US$ Million)
Figure 26. Rest of SAM: South & Central America Parcel Sortation Systems Market Revenue and Forecasts to 2030 (US$ Million)
Figure 27. Company Positioning & Concentration
The List of Companies – South & Central America Parcel Sortation System Market
o Bastian Solutions LLC
o BEUMER Group GmbH & Co KG
o Daifuku Co Ltd
o Honeywell International Inc
o Interroll Holding GmbH
o Vanderlande Industries BV
o Viastore SYSTEMS GmbH
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