According to Verified Market Intelligence, the global Parcel Sortation Systems market was valued at USD 1.11 Billion in 2017 and is projected to reach USD 2.20 Billion by 2025, growing at a CAGR of 8.9% from 2018 to 2025.

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Parcel Sortation Systems is an automated process that involves identification of parcel items on a conveyor system and further diverting them to specific destinations with the help of the devices that are controlled by task-specific software. The purpose of the system includes induction, separation, diversion, and recirculation of different parcels within a warehouse or distribution facility. Sortation is used at different steps of the order fulfillment process in a distribution center that includes receiving, picking, packing and shipping. It is categorized into a belt, roller, overhead, and screw. These systems are very useful and help in sorting a wide range of product sizes and weights within a distribution center. Growing industrial automation and expansion in e-commerce sector have contributed to the growth of parcel sortation systems market.
Rising labor cost and industrial automation and growing e-commerce sector have been driving the global parcel sortation systems market. On the other hand, high maintenance and deployment costs might hinder the overall growth at a global level.
The “Global Parcel Sortation Systems Market” study report will provide a valuable insight with an emphasis on the global market including some of the major players such as Dematic, Muratec, Vanderlande, BEUMER Group, Intelligrated, Fives, Bastian Solutions, Siemens, Interroll, and Invata Intralogistics. Our market analysis also entails a section solely dedicated for such major players wherein our analysts provide an insight into the financial statements of all the major players, along with its product benchmarking and SWOT analysis.