Smart Parcel Locker Market Positioned for Accelerated Growth
Smart Parcel Locker Market Overview and Insights:
IMR posted new studies guide on Smart Parcel Locker Market Insights with self-defined Tables and charts in presentable format. In the Study you may locate new evolving Trends, Drivers, Restraints, Opportunities generated via targeting market related stakeholders. The boom of the Smart Parcel Locker marketplace became specifically driven with the aid of the growing R&D spending internationally.
Some of the Top Leading Key Players: Smartbox Ecommerce Solutions Pvt. Ltd. (India), TZ Limited (Australia), CleverBox Co. (U.K.), Quadient (France), Abell International Pte. Ltd. (Singapore), Cleveron (Estonia), Package Nexus (U.S.), DeBourgh Manufacturing Co. (U.S.), Mobiikey Technologies Pvt. Ltd. (India), KEBA AG (Austria) and others major players.COVID-19 Impact on Smart Parcel Locker Market The COVID-19 pandemic has led people in many global economies to significantly restrict their physical interactions. Self-inflicted social distancing to avoid contagion, together with the stringent confinement measures executed in many economies, have put a large share of traditional brick-and-mortar retail virtually on hold, at least temporarily. In the United States, retail and food services sales between February and April 2020 were declined by 7.7% compared to the same period in 2019. Nevertheless, sales increased for grocery stores and non-store retailers (mostly e-commerce suppliers), by 16% and 14.8% respectively. The retail sales via mail order houses or the Internet in April 2020 raised by 30% compared to April 2019, while total retail sales declined by 17.9%. Furthermore, demand for logistics fulfillment has augmented in the times of the COVID-19 crisis over the globe more than it could have in the last 5 years. In the last 10 years, the relocation of retailers to 'fulfillment models' was not so inspired by the approaching technological push as it has been in the last few weeks by the global health pandemic.