South Korea Parcel Sortation Systems Market to 2032

Overview

The South Korea Parcel Sortation Systems Market is expected to reach a 387.42 USD Million by 2032 and is projected to grow at a CAGR of 22.32% from 2025 to 2032.

Revenue, 2024 (USD Million)

121.19

Forecast, 2032 (USD Million)

387.42

CAGR, 2024 - 2032

22.32%

Report Coverage

South Korea

South Korea Parcel Sortation Systems Market 2018-2032 USD Million

South Korea Parcel Sortation Systems Market, Key Findings (2025-2032)

Market Growth and Projections:

Market Size (2024): 121.19 USD Million
Projected Market Size (2032): 387.42 USD Million
CAGR (2025-2032): 22.32%

Key Findings of South Korea Parcel Sortation Systems Market

The South Korea Parcel Sortation Systems Market was valued at 121.19 USD Million in 2024.
The South Korea Parcel Sortation Systems Market is likely to grow at a CAGR of 22.32% during the forecast period of 2024 to 2032.
In 2024, the Largest segment Less than 20000 Parcels/hr in Parcel Handling Capacity Segment accounted for the largest share of the market with a revenue of 72.49 USD Million
The fastest growing segment E-Commerce in End User Segment grew Fastest with a CAGR of 23.86% during the forecast period from 2024 to 2032.

South Korea Parcel Sortation Systems Market Scope

South Korea Parcel Sortation Systems Market Segmentation & Scope

End User

Food & Beverages
Pharmaceuticals and Medical Supply
Others
Logistics
E-Commerce

Offering

Services
Software
Hardware

Tray Size

Large
Small
Medium

Parcel Handling Capacity

More than 30000 Parcel/hr
20000 to 30000 Parcels/hr
Less than 20000 Parcels/hr

Type

Loop Parcel Sortation Systems
Linear Parcel Sortation Systems

South Korea Parcel Sortation Systems Market Data Coverage Insights

Study Period	2024-2032
Base Year	2021
Unit	Revenue in USD Million
Market Value in 2024	121.19 USD Million
Market Value in 2032	387.42 USD Million
CAGR (2025-2032)	22.32%
Historic Data	2016-2023
Market Segments Covered	End User,Offering,Tray Size,Parcel Handling Capacity,Type

Regional Insights:

Leading Market (2024-2032): South Korea, leading in terms of revenue 121.19 USD Million in 2024
- Key Country: South Korea, leading in terms of revenue with value of 121.19 USD Million in 2024.

Segments and Scope

South Korea Parcel Sortation Systems Market to 2032, By End User
- E-Commerce is the largest segment in South Korea Parcel Sortation Systems Market to 2032 with a revenue of 47.45 USD Million in the year 2024.
- E-Commerce is the Fastest growing segment in South Korea Parcel Sortation Systems Market to 2032 with a Growth rate of 23.86 % in forecast period 2025-2032.
South Korea Parcel Sortation Systems Market to 2032, By Offering
- Hardware is the largest segment in South Korea Parcel Sortation Systems Market to 2032 with a revenue of 65.18 USD Million in the year 2024.
- Hardware is the Fastest growing segment in South Korea Parcel Sortation Systems Market to 2032 with a Growth rate of 23.33 % in forecast period 2025-2032.
South Korea Parcel Sortation Systems Market to 2032, By Tray Size
- Medium is the largest segment in South Korea Parcel Sortation Systems Market to 2032 with a revenue of 60.05 USD Million in the year 2024.
- Medium is the Fastest growing segment in South Korea Parcel Sortation Systems Market to 2032 with a Growth rate of 23.46 % in forecast period 2025-2032.
South Korea Parcel Sortation Systems Market to 2032, By Parcel Handling Capacity
- Less than 20000 Parcels/hr is the largest segment in South Korea Parcel Sortation Systems Market to 2032 with a revenue of 72.49 USD Million in the year 2024.
- 20000 to 30000 Parcels/hr is the Fastest growing segment in South Korea Parcel Sortation Systems Market to 2032 with a Growth rate of 22.11 % in forecast period 2025-2032.
South Korea Parcel Sortation Systems Market to 2032, By Type
- Linear Parcel Sortation Systems is the largest segment in South Korea Parcel Sortation Systems Market to 2032 with a revenue of 66.32 USD Million in the year 2024.
- Loop Parcel Sortation Systems is the Fastest growing segment in South Korea Parcel Sortation Systems Market to 2032 with a Growth rate of 21.29 % in forecast period 2025-2032.

South Korea Parcel Sortation Systems Market Company Share Analysis

Company Name
Siemens
Honeywell International Inc.
Daifuku Co., Ltd.
Dematic
Pitney Bowes Inc.

South Korea Parcel Sortation Systems Market Geographical Sales Distribution, 2018-2032 USD Million

South Korea Parcel Sortation Systems Market Company Profiling

Industry Related Reports

South America Application-Specific Integrated Circuit (ASIC) Market

Middle East & Africa Application-Specific Integrated Circuit (ASIC) Market

North America Application-Specific Integrated Circuit (ASIC) Market

Europe Application-Specific Integrated Circuit (ASIC) Market

Asia-Pacific Application-Specific Integrated Circuit (ASIC) Market

Argentina Application-Specific Integrated Circuit (ASIC) Market

Australia Application-Specific Integrated Circuit (ASIC) Market

Belgium Application-Specific Integrated Circuit (ASIC) Market

Brazil Application-Specific Integrated Circuit (ASIC) Market

Canada Application-Specific Integrated Circuit (ASIC) Market

Frequently Asked Questions

What are the primary segments covered in the South Korea Parcel Sortation Systems Market?

The South Korea Parcel Sortation Systems Market is segmented based on Segmentation End User,Offering,Tray Size,Parcel Handling Capacity,Type.

What is the current market size of the South Korea Parcel Sortation Systems Market?

South Korea Parcel Sortation Systems Market was valued at USD 121.19(Revenue in USD Million) in 2021.

What is the expected growth rate of the South Korea Parcel Sortation Systems Market?

South Korea Parcel Sortation Systems Market is projected to grow at a CAGR of 22.32% during the forecast period of 2024 to 2032.

Which is the dominating segment in the South Korea Parcel Sortation Systems Market?

The Less than 20000 Parcels/hr segment is expected to dominate the South Korea Parcel Sortation Systems Market, holding a largest market share of 72.49 USD Million in 2024