Sorter Machines Market is set to grow as logistics and warehousing sectors embrace automation. Efficient sortation systems boost productivity, accuracy, and meet rising e-commerce demands.
NEWARK, DE / ACCESSWIRE / August 26, 2024 / The global sorter machines market is on a steady growth path, with sales estimated to reach USD 1,457.5 million in 2024 and projected to increase to USD 1,902.4 million by 2034. The market is expected to expand at a compound annual growth rate (CAGR) of 2.7% during the forecast period between 2024 and 2034. In 2023, the revenue generated by sorter machines was USD 1,419.1 million, with an anticipated year-over-year (Y-o-Y) growth rate of 2.1% in 2024.
Sortation plays a key role in optimizing the order fulfilment process. The sorter machine not only enables efficient receiving, picking, packing, and shipping but also reduces room for errors. This affects the operation time as well as the cost of distribution. Thereby, by replacing manual sorting with an automated sortation system, productivity and accuracy can be increased significantly, resulting in high output.
Furthermore, the sorter machine is capable of precisely controlling gaping as it operates at a constant speed. This controlled speed of operation makes the sorting process more efficient and aids in reducing return rates. Consequently, the demand for sortation machines is likely to rise substantially as distribution centres and warehouses continue to demand automated systems for enhancing their operational capabilities.
Rising Demand from Logistics and Warehousing Industry
The logistics industry has witnessed tremendous growth in the past decade and is projected to continue till the upcoming period. With the expansion of the e-commerce sector, the demand for systematic distribution and warehousing has increased. For instance, the logistics sector in India was valued at US$ 255 billion in 2023, and the industry is projected to increase to US$ 380 billion by 2027.
Warehousing forms a crucial part of corporate infrastructure and is one of the primary enablers in the global supply chain. Warehousing accounts for 25% of the logistics industry, which remains largely unorganized in developing countries. However, this scenario is changing gradually, and warehousing is becoming more organized. As a result, the demand for conveyors, sorters, and other material handling systems has been surging in the past few years.
By using sortation systems at warehouses, order consolidation can be done quickly. Also, sorting at the destination becomes easier and more accurate by employing sorters. This will further boost the demand for sortation systems in warehouses and logistic centres, creating opportunities for suppliers of sortation systems.
Key Takeaways from Global Sorter Machines Market
Cross belt sorter machines are capturing 35.3% of the market share in the forecast period. Cross-belt sorter machines have a series of small belts and conveyors that are placed on the moving carts. These machines are used to handle large numbers of items including parcels, packages, and small to medium-sized products in e-commerce, and distribution centres. These machines have having highest accuracy in sorting, flexibility, and ability to handle large volumes.
Sorter machines having speed of 10,000 to 15,000 items per hour are significantly used in the global market. They have the right balance between cost efficiency and high output which makes them suitable for a wide range of applications. Companies are operating with large volumes, especially during the peak season they require high-speed sorting machines to efficiently manage accuracy and reliability.
Sorter machines are highly employed in the food and beverage industry for sorting fruits vegetables, candies, beverages, and packaged food. They help in the quality control of food items by identifying defective and contaminated items ensuring the product quality. The machines aid in meeting the standards of food safety by eliminating foreign objects and ensuring uniformity. Optical sensors and X-rays are utilized in machines along with weight sorters.
Europe is expected to lead in the sorter machine market in the assessment period. End-use industries with a high development rate and increased demand for automated sorting systems are among the factors propelling the sorter machines market forward in the coming years. Additionally, demand for sorter machines is expected to rise due to the continued expansion of end-user industries in East Asia and South Asia and Pacific.
"Innovation in AI and machine learning, increasing automation in logistics, rising e-commerce demand, enhanced accuracy and speed requirements, labour cost reduction, and the push for sustainability and energy efficiency drive the global sorter machine market." Says a Lead Consultant Ismail Sutaria in Packaging at Future Market Insights (FMI).
E-Commerce to Create Remunerative Potential for Manufacturers
The increasing popularity of e-Commerce has increased the number of orders placed per day. This has made their delivery a challenging task for the logistics industry. Thereby, the demand for material handling solutions such as sorter machines is witnessing a rise across all regions.
Order fulfilment in the e-commerce industry requires versatility in terms of handling packaging formats. E-commerce orders are arrived in cartons, which makes their sorting a challenging task. Moreover, polybags are increasingly being employed for e-Commerce delivery as they are less expensive and apt for the packaging of apparel, consumer durables, and other goods.
Manufacturers of sortation systems are reengineering their sorters to reduce instances of polybags getting stuck in conveyor belts, which can lead to damage. These developments are anticipated to create high opportunities for manufacturers of sortation systems as well as logistics companies shortly.
Key Players of Sorter Machines Industry
Mantissa Corporation
BEUMER Group GmbH & Co. KG
Dematic Group
Bastian Solutions, Inc.
Daifuku Co., Ltd.
Interroll Holding AG
Okura Yusoki Co., Ltd.
Honeywell International Inc
EuroSort Systems BV
Optimus Sorter Technology BV
GreyOrange pte Ltd.
Alstef Automation S.A.
Falcon Autotech Private Limited
Fives Intralogistics
Knapp Logistics & Automation
TGW Logistics Group GmbH
Vanderlande Industries
Murata Machinery, Ltd.
Nido Machineries Pvt. Ltd.
Central Conveyor Company
To Gain In-Depth Insights on Market, Browse Complete Report: https://www.futuremarketinsights.com/reports/sorter-machines-market
Key Segments of Sorter Machines Industry
By Product Type:
In terms of product type, the industry is divided into cross-belt, tilt-tray, sliding-shoe, narrow-belt, and others.
By Throughput (Units/Hour):
In terms of throughput, the industry is segregated below 5,000, 5,000-10,000, 10,000-15,000, and above 15,000.
By End Use:
The industry is classified by end use as pharmaceutical & medical devices, food and beverage, e-commerce and retail, consumer packaged goods, and logistics & transportation.
By Region:
Key countries of North America, Latin America, Western Europe, Eastern Europe, South Asia & Pacific, East Asia, and Middle East and Africa (MEA), have been covered in the report.
Authored by:
Ismail Sutaria (Lead Consultant, Packaging and Materials) has over 8 years of experience in market research and consulting in the packaging & materials industry. Ismail's strength lies in identifying key challenges faced by the client and offering logical and actionable insights to equip the clients with strategic decision-making power.
Ismail has been an instrumental part of several transformational consulting assignments. His key skills include competitive benchmarking, opportunity assessment, macroeconomic analysis, and business transformation advisory. Ismail is an MBA holder in Marketing and has a Bachelor's Degree in Mathematics.
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