Parcel Sortation Systems: Market Dynamics and Growth Projections Through 2034
The global parcel sortation system market is poised for steady growth, with a forecasted increase from $2.2 billion in 2023 to $3.1 billion by the end of 2034, reflecting a compound annual growth rate (CAGR) of 3.1%. This growth trajectory is driven by several key factors, including the surge in online shopping and the increased adoption of automated sorting technologies. Industry Drivers and...
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