Asia Pacific Parcel Sortation System Market Forecast to 2030 - Regional Analysis - by Type and Application

The Asia Pacific parcel sortation system market was valued at US$ 643.93 million in 2022 and is expected to reach US$ 1,301.03 million by 2030; it is estimated to grow at a CAGR of 9.2% from 2022 to 2030.

Rise in Demand for Warehouse Management Systems Fuels the Asia Pacific Parcel Sortation System Market

A warehouse management system (WMS) refers to the monitoring, control, and optimization of warehouse-related activities and associated distribution systems. As the volume of parcels continues to grow, the need for scalable and flexible sortation solutions is also increasing significantly. A WMS can adapt to changing requirements, handle various parcel sizes and shapes, and integrate with different types of sortation equipment, making it an attractive option for companies looking to expand their parcel sorting capabilities.

In addition, with the rise in e-commerce portals, the retail industry has shifted its marketing from brick-and-mortar stores to online e-commerce websites to reduce infrastructural costs. The adoption of warehouse management systems accelerated due to the increase in E-commerce industry. The different type of warehouse management systems such as parcel handling and sortation systems is gaining prominence across different regions, attributing to the significant rise in the volume of items in the warehouses. As a result, the number of warehouses that are integrating their parcel sorting units with advanced sorting systems is expected to increase, which is likely to create a lucrative opportunity for the players operating in the parcel sortation systems market in the coming years.

Asia Pacific Parcel Sortation System Market Overview

Asia Pacific is predicted to record the fastest-expanding market for parcel sortation systems during the forecast period. Huge population growth and a rise in disposable incomes are a few factors increasing parcel volumes in the region; hence, to manage such increased volume, logistics players are using advanced technologies such as parcel sortation systems. Also, rapidly developing e-commerce marketplaces are generating the need for efficient parcel sortation systems in the region. Further, the rising number of sorting centers in highly populated cities in China and India drives the Asia Pacific parcel sortation system market in Asia Pacific.

Asia Pacific Parcel Sortation System Market Revenue and Forecast to 2030 (US$ Mn)

Asia Pacific Parcel Sortation System Market Segmentation

The Asia Pacific parcel sortation system market is segmented type, application, and country.

Based on type, the Asia Pacific 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 Asia Pacific 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 Asia Pacific parcel sortation system market is segmented into Australia, China, India, Japan, South Korea, and the Rest of Asia Pacific. China dominated the Asia Pacific parcel sortation system market share in 2022.

Bastian Solutions LLC, BEUMER Group GmbH & Co KG, Daifuku Co Ltd, Honeywell International Inc, Interroll Holding GmbH, Murata Machinery Ltd, Siemens Logistics GmbH, and Vanderlande Industries BV are some of the leading companies operating in the Asia Pacific parcel sortation system market.

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