Market Overview:
The global smart express cabinet market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for smart express cabinets from various end-use applications, such as schools, communities, malls, and others. In addition, the growing awareness about energy conservation is also propelling the growth of this market.
Product Definition:
A Smart Express Cabinet is a storage system that utilizes an express-lane design to speed up the retrieval of stored items. The importance of a Smart Express Cabinet lies in its ability to improve efficiency and productivity in the workplace by providing employees with easy access to the items they need.
General Type:
The general type segment includes products such as cash recyclers, money boxes, bill acceptors and others. The product is used in the express cabinets to recycle the payment coupons or bills. It also helps to reduce the number of payment coupon or bill storage which reduces cost and occupies less space. These factors are expected to drive market growth over the forecast period.
Cash recycler is a device that receives money from customer.
Frozen Type:
Frozen type is the new trend in the market and it's majorly used for smart express cabinet. It has a wide range of applications such as food & beverage, pharmaceuticals, cosmetics, chemicals and others. The frozen products are processed at low temperatures which help to preserve its nutrient content and other properties for a longer time span.
Application Insights:
The school application segment accounted for the largest market share in 2017 and is projected to expand at a CAGR of XX% over the forecast period. This growth can be attributed to increasing number of schools, colleges and universities across the globe. The express cabinets are widely used in educational institutes, offices, commercial places as well as homes. These smart cabinets have various features such as network connectivity that enables them to operate through Wi-Fi or Bluetooth connectivity which makes it more user-friendly and convenient for users from any part of the world.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing regional market over the forecast period. The growth can be attributed to increasing number of shopping malls, rapid urbanization and rising disposable income in emerging economies such as China and India. In addition, growing trend of home delivery service for online purchase is anticipated to propel demand for smart express cabinets in this region. For instance, Alibaba Group Holding Ltd., a Chinese e-commerce giant has entered into a strategic partnership with DHL International GmbH & Co., KGAT offer door-to-door delivery services across China using their own fleet of trucks called Jitney vans.
North America accounted for more than 20% share in 2016 owing to early adoption by U.S.-based retailers such as Walmart Inc.
Growth Factors:
- Increasing demand for organized storage solutions in residential and commercial spaces
- Growing popularity of modular furniture and cabinets
- Rising awareness about the benefits of using smart cabinets for storage purposes
- Proliferation of online retail platforms that offer a wide range of smart cabinet options at competitive prices
- Increasing number of home improvement projects undertaken by homeowners
Scope Of The Report
Report Attributes
Report Details
Report Title
Smart Express Cabinet Market Research Report
By Type
General Type, Frozen Type, Insulation Type
By Application
School, Community, The Mall, Others
By Companies
DHL International, Keba Ag, Guangzhou Boyue Intelligent Manufacturing, Zhejiang Yusong Technology, Shenzhen Zhilai Technology, Shandong New Beiyang Information Technology
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
223
Number of Tables & Figures
157
Customization Available
Yes, the report can be customized as per your need.
Global Smart Express Cabinet Market Report Segments:
The global Smart Express Cabinet market is segmented on the basis of:
Types
General Type, Frozen Type, Insulation Type
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
School, Community, The Mall, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- DHL International
- Keba Ag
- Guangzhou Boyue Intelligent Manufacturing
- Zhejiang Yusong Technology
- Shenzhen Zhilai Technology
- Shandong New Beiyang Information Technology
Highlights of The Smart Express Cabinet Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- General Type
- Frozen Type
- Insulation Type
- By Application:
- School
- Community
- The Mall
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Smart Express Cabinet Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Smart Express Cabinet is a cabinet that can be controlled with an app. The cabinet has sensors that detect when food is being taken out and put back in, so it can keep track of how much food people are eating.
Some of the major players in the smart express cabinet market are DHL International, Keba Ag, Guangzhou Boyue Intelligent Manufacturing, Zhejiang Yusong Technology, Shenzhen Zhilai Technology, Shandong New Beiyang Information Technology.
The smart express cabinet market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Smart Express Cabinet Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Smart Express Cabinet Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Smart Express Cabinet Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Smart Express Cabinet Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Smart Express Cabinet Market Size & Forecast, 2020-2028
4.5.1 Smart Express Cabinet Market Size and Y-o-Y Growth
4.5.2 Smart Express Cabinet Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 General Type
5.2.2 Frozen Type
5.2.3 Insulation Type
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 School
6.2.2 Community
6.2.3 The Mall
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Smart Express Cabinet Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Smart Express Cabinet Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 General Type
9.6.2 Frozen Type
9.6.3 Insulation Type
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 School
9.10.2 Community
9.10.3 The Mall
9.10.4 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 General Type
10.6.2 Frozen Type
10.6.3 Insulation Type
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 School
10.10.2 Community
10.10.3 The Mall
10.10.4 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 General Type
11.6.2 Frozen Type
11.6.3 Insulation Type
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 School
11.10.2 Community
11.10.3 The Mall
11.10.4 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 General Type
12.6.2 Frozen Type
12.6.3 Insulation Type
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 School
12.10.2 Community
12.10.3 The Mall
12.10.4 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 General Type
13.6.2 Frozen Type
13.6.3 Insulation Type
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 School
13.10.2 Community
13.10.3 The Mall
13.10.4 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Smart Express Cabinet Market: Competitive Dashboard
14.2 Global Smart Express Cabinet Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 DHL International
14.3.2 Keba Ag
14.3.3 Guangzhou Boyue Intelligent Manufacturing
14.3.4 Zhejiang Yusong Technology
14.3.5 Shenzhen Zhilai Technology
14.3.6 Shandong New Beiyang Information Technology
