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The global Postage Meters market was valued at 157.37 Million USD in 2021 and will grow with a CAGR of 1.7% from 2021 to 2027, based on HNY Research newly published report.
The prime objective of this report is to provide the insights on the post COVID-19 impact which will help market players in this field evaluate their business approaches. Also, this report covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).
A postage meter or franking machine is a mechanical device used to create and apply physical evidence of postage (or franking) to mailed matter. Postage meters are regulated by a country`s postal authority. A postage meter imprints an amount of postage, functioning as a postage stamp, a cancellation and a dated postmark all in one. The meter stamp serves as proof of payment and eliminates the need for adhesive stamps.Postage meters are mainly manufactured and sold by Quadient, Pitney Bowes, Francotyp-Postalia, Frama and Data-Pac, and these companies occupied over 93% market share in 2019, among which Quadient is in the top position with nearly 33% market share. Segmented by region, North America is the largest consumption area of global Postage Meters market, with a market share of over 39%. Listed behind was Europe`s about 32% market share. By application, Postage Meters could be categorized into segments of Large Businesses, Medium-sized Businesses and Small Businesses. In 2019, Large Businesses led a dominating position by occupying over 68% of global market.
By Market Verdors:
Quadient
Pitney Bowes
Francotyp-Postalia
Frama
Data-Pac
Gongda Pute
Hunan Copote Science & Technology
By Types:
Low Volume: Below 100 Items
Mid Volume: 100-500 Items
High Volume: More than 500 Items
By Applications:
Market Analysis and Insights: Global Postage Meters Market
Large Businesses
Medium-sized Businesses
Small Businesses
Key Indicators Analysed
Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2016-2027 & Sales with a thorough analysis of the market’s competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.
Global and Regional Market Analysis: The report includes Global & Regional market status and outlook 2016-2027. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis by types and applications.
Market Trends: Market key trends which include Increased Competition and Continuous Innovations.
Opportunities and Drivers: Identifying the Growing Demands and New Technology
Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.
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