In this report, Planet Market Reports covers the present scenario with the base year being 2017 and the growth prospects of global Locker market for 2018-2023.
A locker is a small, usually narrow storage compartment. They are commonly found in dedicated cabinets, very often in large numbers, in various public places such as locker rooms, workplaces, middle and high schools, transport hub and the like. They vary in size, purpose, construction, and security.
In North America and Europe, the market is driven by the demand from recreation centers, health clubs, hospitals, office break rooms, schools, restaurants, day care facilities, pool areas, gyms, country clubs, fire and police departments, apartments. In China, the supermarket are also play important role due to Chinese unique market environment.
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In future, the new demand from parcel lockers, express and logistics will drive the global lockers market. For example, in Germany, DHL has 250,000 lockers and 20,000 parcel shops, and in France 60 million parcels are sent to pick-up points of lockers. The US is catching up quickly, with all the major delivery companies already having introduced limited trials, and progressed beyond, as have retailers such as Amazon now visible in most neighborhoods. Now UPS has committed to the technology and, as the Wall Street Journal recently reported, will increase their shop Access Points from a few thousand to 20,000 by the end of the year.
Over the next five years, Planet Market Reports projects that Locker will register a 2.8% CAGR in terms of revenue, reach US$ 740 million by 2023, from US$ 630 million in 2017.
This report presents a comprehensive overview, market shares, and growth opportunities of Locker market by product type, application, key manufacturers and key regions.
To calculate the market size, Planet Market Reports considers value and volume generated from the sales of the following segments:
Segmentation by product type:
Plastic and Phenolic Lockers
Segmentation by application:
Express and Logistics
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This report also splits the market by region:
Middle East & Africa
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report:
American Specialties, Inc.
Anthony Steel Manufacturing
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