Asia Pacific ASRS for Garments on Hangers Market Forecast to 2030 - Regional Analysis

Description

List of Tables

The Asia Pacific ASRS for garments on hangers market was valued at US$ 435.12 million in 2022 and is expected to reach US$ 780.50 million by 2030; it is estimated to register a CAGR of 7.6% from 2022 to 2030.

Surge in Demand due to Labor Shortage Boosts Asia Pacific ASRS for Garments on Hangers Market

In recent years, the garment industry has experienced a significant shift toward automation to overcome challenges posed by labor shortages. As the demand for efficient order fulfillment and storage solutions increases, businesses are adopting automated storage and retrieval systems (ASRS) as a viable solution. This labor shortage has become a significant concern in the garment industry, leading to a growing demand for ASRS as a solution. Despite strong retail sales and business inventory levels, the warehouse industry's labor market has been lagging. There is still a persistent issue of understaffing in the industry. ASRS offers a labor-saving solution by automating the garment industry's storage, retrieval, and sorting processes. By implementing ASRS systems, businesses can reduce their reliance on manual, labor-intensive tasks and overcome the challenges posed by labor shortages. In addition, labor shortages often lead to increased labor costs as employers must compete for available workers. By implementing ASRS for GOH, businesses can reduce their reliance on manual labor and associated costs. These systems provide a long-term return on investment (ROI) by minimizing labor expenses, optimizing space utilization, and reducing errors in order fulfillment. With reduced labor costs and improved operational efficiency, businesses can allocate resources to R&D or marketing initiatives and other critical areas. Thus, a surge in demand for ASRS for garments on hangers due to labor shortage drives the market growth.

Asia Pacific ASRS for Garments on Hangers Market Overview

The ASRS for garments on hangers market in APAC is segmented into India, Japan, China, Australia, South Korea, and the Rest of APAC. Also, Japan, India, Australia, China, Taiwan, Singapore, and Indonesia, among others, have a multitude of manufacturing industries, including textile, apparel, electronics, food & beverages, chemicals, automobiles, and healthcare. The manufacturing sector in countries in Asia Pacific has experienced a massive shift over the years; it can quickly adopt innovation accelerators such as robotics and emerging cloud and mobility technologies. The evolution of the garment industry has led to the trend of personalization, rapid fashion, new business models, and new supply chain service systems. Inform Storage, a leading firm in logistics equipment, closely follows the industry's development trend and has successfully given Anta Shoes and Daqian Textile solutions in line with the customer's supply chain system. As of February 2021, Inform Storage has signed a deal with Anta Group's integrated industrial park logistics project. Inform supplies intelligent automated warehousing solutions for the Anta logistics park project, which aims to optimize the Anta footwear and apparel logistics supply chain. Moreover, several retailers in Japan are implementing automated systems for the warehousing of clothing. For example, as of January 2022, Uniquelo has rebuilt the existing warehouse with an automated system developed in collaboration with Daifuku, a material handling system provider. Uniqlo has reduced warehouse staff by 90% after the integration of technology. The Uniqlo Tokyo warehouse is open 24 hours a day. Thus, all these factors create demand for ASRS for garments on hangers in the region.

Asia Pacific ASRS for Garments on Hangers Market Revenue and Forecast to 2030 (US$ Million)

Asia Pacific ASRS for Garments on Hangers Market Segmentation

The Asia Pacific ASRS for garments on hangers market is categorized into type, application, and country.

Based on type, the Asia Pacific ASRS for garments on hangers market is segmented into garment rail system, garment conveyor, garment property storage, and others. The garment rail system segment held the largest market share in 2022.

In terms of application, the Asia Pacific ASRS for garments on hangers market is segmented into warehousing & logistics, retail 3PL, hotels, hospitals & institutes, and others. The warehousing & logistics segment held the largest share of Asia Pacific ASRS for garments on hangers market in 2022. Furthermore, the warehousing & logistics segment is subcategorized into garment on hanger and flat or folded inventory. Additionally, the retail 3PL segment is bifurcated into garment on hanger and flat or folded inventory.

By country, the Asia Pacific ASRS for garments on hangers market is segmented into China, Japan, South Korea, India, Australia, and the Rest of Asia Pacific. China dominated the Asia Pacific ASRS for garments on hangers market share in 2022.

Schonenberger Systeme GmbH, BEUMER Group GmbH & Co KG, Dematic Corp, KNAPP AG, Daifuku Co Ltd, and Vanderlande Industries BV are some of the leading companies operating in the Asia Pacific ASRS for Garments on Hangers market.

Product Code: BMIRE00030350

1. Introduction

1.1 The Insight Partners Research Report Guidance
1.2 Market Segmentation

2. Executive Summary

2.1 Key Insights
2.2 Market Attractiveness

3. Research Methodology

3.1 Coverage
3.2 Secondary Research
3.3 Primary Research

4. ASRS for Garments on Hangers Market Landscape

4.1 Overview
4.2 PEST Analysis
4.3 Ecosystem Analysis
- 4.3.1 List of Vendors in Value Chain:
- 4.3.2 Main Points of Use:
- 4.3.3 Points of Use:

5. Asia Pacific ASRS for Garments on Hangers Market - Key Industry Dynamics

5.1 Drivers
- 5.1.1 Rise in E-Commerce Growth
- 5.1.2 Surge in Demand due to Labor Shortage
- 5.1.3 Growth in Urbanization
5.2 Restraints
- 5.2.1 High Initial Investment
- 5.2.2 Limited Flexibility
5.3 Opportunities
- 5.3.1 Improvement in Order Fulfilment
- 5.3.2 Integration with Other Technologies
5.4 Trends
- 5.4.1 Advancements in AI and ML
5.5 Impact of Drivers and Restraints:

6. ASRS for Garments on Hangers Market - Asia Pacific Market Analysis

6.1 ASRS for Garments on Hangers Market Revenue (US$ Million), 2020 - 2030
6.2 ASRS for Garments on Hangers Market Forecast and Analysis

7. Asia Pacific ASRS for Garments on Hangers Market Analysis - Type

7.1 Garment Rail System
- 7.1.1 Overview
- 7.1.2 Garment Rail System Market Revenue and Forecasts to 2030 (US$ Million)
7.2 Garment Conveyor
- 7.2.1 Overview
- 7.2.2 Garment Conveyor Market Revenue and Forecasts to 2030 (US$ Million)
7.3 Garment Property Storage
- 7.3.1 Overview
- 7.3.2 Garment Property Storage Market Revenue and Forecasts to 2030 (US$ Million)
7.4 Others
- 7.4.1 Overview
- 7.4.2 Others Market Revenue and Forecasts to 2030 (US$ Million)

8. Asia Pacific ASRS for Garments on Hangers Market Analysis - Application

8.1 Warehousing and Logistics
- 8.1.1 Overview
- 8.1.2 Warehousing and Logistics Market Revenue and Forecasts to 2030 (US$ Million)
- 8.1.3 Garment on Hanger
  - 8.1.3.1 Overview
  - 8.1.3.2 Garment on Hanger Market Revenue and Forecasts to 2030 (US$ Million)
- 8.1.4 Flat or Folded Inventory
  - 8.1.4.1 Overview
  - 8.1.4.2 Flat or Folded Inventory Market Revenue and Forecasts to 2030 (US$ Million)
8.2 Retail 3PL
- 8.2.1 Overview
- 8.2.2 Retail 3PL Market Revenue and Forecasts to 2030 (US$ Million)
- 8.2.3 Garment on Hanger
  - 8.2.3.1 Overview
  - 8.2.3.2 Garment on Hanger Market Revenue and Forecasts to 2030 (US$ Million)
- 8.2.4 Flat or Folded Inventory
  - 8.2.4.1 Overview
  - 8.2.4.2 Flat or Folded Inventory Market Revenue and Forecasts to 2030 (US$ Million)
8.3 Hotels
- 8.3.1 Overview
- 8.3.2 Hotels Market Revenue and Forecasts to 2030 (US$ Million)
8.4 Hospitals and Institutes
- 8.4.1 Overview
- 8.4.2 Hospitals and Institutes Market Revenue and Forecasts to 2030 (US$ Million)
8.5 Others
- 8.5.1 Overview
- 8.5.2 Others Market Revenue and Forecasts to 2030 (US$ Million)

9. Asia Pacific ASRS for Garments on Hangers Market - Country Analysis

9.1 Asia Pacific Overview
- 9.1.1 Asia Pacific: ASRS for Garments on Hangers Market, By Key Country - Revenue 2022 (US$ Million)
- 9.1.2 ASRS for Garments on Hangers Market Breakdown by Countries
  - 9.1.2.1 China: ASRS for Garments on Hangers Market Revenue and Forecasts to 2030 (US$ Mn)
    - 9.1.2.1.1 China: ASRS for Garments on Hangers Market Breakdown by Type
    - 9.1.2.1.2 China: ASRS for Garments on Hangers Market Breakdown by Application
    - 9.1.2.1.2.1 China: ASRS for Garments on Hangers Market Breakdown by Warehousing and Logistics
    - 9.1.2.1.2.2 China: ASRS for Garments on Hangers Market Breakdown by Retail 3PL
  - 9.1.2.2 Japan: ASRS for Garments on Hangers Market Revenue and Forecasts to 2030 (US$ Mn)
    - 9.1.2.2.1 Japan: ASRS for Garments on Hangers Market Breakdown by Type
    - 9.1.2.2.2 Japan: ASRS for Garments on Hangers Market Breakdown by Application
    - 9.1.2.2.2.1 Japan: ASRS for Garments on Hangers Market Breakdown by Warehousing and Logistics
    - 9.1.2.2.2.2 Japan: ASRS for Garments on Hangers Market Breakdown by Retail 3PL
  - 9.1.2.3 South Korea: ASRS for Garments on Hangers Market Revenue and Forecasts to 2030 (US$ Mn)
    - 9.1.2.3.1 South Korea: ASRS for Garments on Hangers Market Breakdown by Type
    - 9.1.2.3.2 South Korea: ASRS for Garments on Hangers Market Breakdown by Application
    - 9.1.2.3.2.1 South Korea: ASRS for Garments on Hangers Market Breakdown by Warehousing and Logistics
    - 9.1.2.3.2.2 South Korea: ASRS for Garments on Hangers Market Breakdown by Retail 3PL
  - 9.1.2.4 India: ASRS for Garments on Hangers Market Revenue and Forecasts to 2030 (US$ Mn)
    - 9.1.2.4.1 India: ASRS for Garments on Hangers Market Breakdown by Type
    - 9.1.2.4.2 India: ASRS for Garments on Hangers Market Breakdown by Application
    - 9.1.2.4.2.1 India: ASRS for Garments on Hangers Market Breakdown by Warehousing and Logistics
    - 9.1.2.4.2.2 India: ASRS for Garments on Hangers Market Breakdown by Retail 3PL
  - 9.1.2.5 Australia: ASRS for Garments on Hangers Market Revenue and Forecasts to 2030 (US$ Mn)
    - 9.1.2.5.1 Australia: ASRS for Garments on Hangers Market Breakdown by Type
    - 9.1.2.5.2 Australia: ASRS for Garments on Hangers Market Breakdown by Application
    - 9.1.2.5.2.1 Australia: ASRS for Garments on Hangers Market Breakdown by Warehousing and Logistics
    - 9.1.2.5.2.2 Australia: ASRS for Garments on Hangers Market Breakdown by Retail 3PL
  - 9.1.2.6 Rest of Asia Pacific: ASRS for Garments on Hangers Market Revenue and Forecasts to 2030 (US$ Mn)
    - 9.1.2.6.1 Rest of Asia Pacific: ASRS for Garments on Hangers Market Breakdown by Type
    - 9.1.2.6.2 Rest of Asia Pacific: ASRS for Garments on Hangers Market Breakdown by Application
    - 9.1.2.6.2.1 Rest of Asia Pacific: ASRS for Garments on Hangers Market Breakdown by Warehousing and Logistics
    - 9.1.2.6.2.2 Rest of Asia Pacific: ASRS for Garments on Hangers Market Breakdown by Retail 3PL

10. Industry Landscape

10.1 Overview
10.2 Market Initiative
10.2 New Product Development
10.3 Merger and Acquisition

11. Company Profile

11.1 Schonenberger Systeme GmbH
- 11.1.1 Key Facts
- 11.1.2 Business Description
- 11.1.3 Products and Services
- 11.1.4 Financial Overview
- 11.1.5 SWOT Analysis
- 11.1.6 Key Developments
11.2 BEUMER Group GmbH & Co KG
- 11.2.1 Key Facts
- 11.2.2 Business Description
- 11.2.3 Products and Services
- 11.2.4 Financial Overview
- 11.2.5 SWOT Analysis
- 11.2.6 Key Developments
11.3 Dematic Corp
- 11.3.1 Key Facts
- 11.3.2 Business Description
- 11.3.3 Products and Services
- 11.3.4 Financial Overview
- 11.3.5 SWOT Analysis
- 11.3.6 Key Developments
11.4 KNAPP AG
- 11.4.1 Key Facts
- 11.4.2 Business Description
- 11.4.3 Products and Services
- 11.4.4 Financial Overview
- 11.4.5 SWOT Analysis
- 11.4.6 Key Developments
11.5 Daifuku Co Ltd
- 11.5.1 Key Facts
- 11.5.2 Business Description
- 11.5.3 Products and Services
- 11.5.4 Financial Overview
- 11.5.5 SWOT Analysis
- 11.5.6 Key Developments
11.6 Vanderlande Industries BV
- 11.6.1 Key Facts
- 11.6.2 Business Description
- 11.6.3 Products and Services
- 11.6.4 Financial Overview
- 11.6.5 SWOT Analysis
- 11.6.6 Key Developments

12. Appendix

12.1 Word Index