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Middle East & Africa ASRS for Garments on Hangers Market Forecast to 2030
Middle East & Africa ASRS for Garments on Hangers Market Forecast to 2030 – Regional Analysis – by Type (Garment Rail System, Garment Conveyor, Garment Property Storage, and Others) and Application (Warehousing & Logistics, Retail 3PL, Hotels, Hospitals & Institutes, and Others)
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Description
Growth in Urbanization Bolster Middle East & Africa ASRS for Garments on Hangers Market
Urbanization has been rapidly transforming the landscape of cities worldwide. With the rise in population and migration to urban areas, there has been a significant impact on various industries, including the garment industry. As more people choose to live in urban areas, the demand for clothing and fashion products has witnessed a considerable surge. Urban dwellers are more inclined toward stylish and trendy garments, increasing the need for efficient storage and handling solutions in the garment industry. ASRS technology provides an innovative solution to meet these demands and challenges of urbanization. Furthermore, by 2030, the global population is projected to grow from 8 billion to 8.6 billion, with 60% of individuals living in urban settings. As this population expansion and urbanization trend continues, the expenses associated with catering to customers are anticipated to escalate. Urbanization leads to increased consumer expectations for faster and more accurate order fulfillment. ASRS for GOH plays a vital role in meeting these expectations by automating the order-picking process. These systems ensure accurate and efficient retrieval of garments on hangers, minimizing errors and improving overall customer satisfaction. With urban areas characterized by higher population densities and competitive markets, businesses need reliable and efficient order fulfillment processes to stay competitive. As urbanization continues to shape the global landscape, the demand for ASRS for GOH is also growing. This factor is contributing to the ASRS for garments on hangers market growth.
Middle East & Africa ASRS for Garments on Hangers Market Overview
The ASRS for garments on hangers market in the MEA is segmented into Saudi Arabia, the UAE, South Africa, and the Rest of MEA. The apparel industries in the MEA seek modern solutions that can optimize their inventories and help them deliver products on time to consumers. This eventually helps them maintain a perfect balance between supply and demand as well as save costs and achieve better operational efficiencies. In the MEA, large-scale retail outlet chains and e-commerce generate a high demand for ASRS. The rising number of high-income people and growing tourist visits are among the significant factors contributing to the expansion of the retail industry, which signifies the need for effective material-handling solutions. Many companies, such as Amazon, eBay, and Alibaba, are investing in the MEA to expand their businesses. According to Arab News, in November 2022, Amazon established a new office in Riyadh, Saudi Arabia, to boost its e-commerce and logistics operations across the country. This expansion is predicted to support the country’s digital economy in line with its Saudi Vision 2030. Thus, with the expansion of e-commerce giants in the MEA, the market for ASRS for garments for hangers is also expected to grow significantly in the future. Moreover, various retailers in the region are implementing ASRS for garments on hangers. For example, as of February 2021, Dematic constructed a new 265,000-square-meter automated distribution center in Dubai, UAE, for the Landmark Group-which is a multinational conglomerate. Dematic allows the global retailer to streamline logistical activities for a portion of its five current manual distribution facilities. Thus, such instances create the demand for the ASRS for garments on hangers in the region.
Middle East & Africa ASRS for Garments on Hangers Market Revenue and Forecast to 2030 (US$ Million)
Middle East & Africa ASRS for Garments on Hangers Market Segmentation
The Middle East & Africa ASRS for garments on hangers market is categorized into type, application, and country.
Based on type, the Middle East & Africa 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 Middle East & Africa 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 Middle East & Africa 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 Middle East & Africa ASRS for garments on hangers market is segmented into the UAE, Saudi Arabia, South Africa, and the Rest of Middle East and Africa. The UAE dominated the Middle East & Africa ASRS for garments on hangers market share in 2022.
Schonenberger Systeme GmbH, BEUMER Group GmbH & Co KG, Dematic Corp, and KNAPP AG are among the leading companies operating in the Middle East & Africa ASRS for Garments on Hangers market.
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According to the Research Team’ research, the Middle East & Africa ASRS for garments on hangers market was valued at US$ 68.09 million in 2022 and is expected to reach US$ 117.30 million by 2030, registering a CAGR of 7.0% from 2022 to 2030. Advancements in AI AND ML, surge in demand due to labor shortage and growth in urbanization are among the critical factors attributed to drive the Middle East & Africa ASRS for garments on hangers market growth.
The ASRS for garments on hangers market is on the brink of a transformation with the rapid advancements in artificial intelligence (AI) and machine learning (ML). These cutting-edge technologies can potentially revolutionize the way ASRS operates, enhancing efficiency, accuracy, and overall performance. As the industry adopts AI and ML in its operations, a new era of intelligent and autonomous ASRS for garments on hangers is set to emerge. The integration of AI and ML with ASRS can significantly optimize its storage and retrieval processes. ASRS can dynamically adapt to changing inventory patterns, order volumes, and customer demands by leveraging AI algorithms and machine learning models. These intelligent systems can analyze historical data, identify patterns, and predict future trends, enabling them to optimize storage configurations and retrieval strategies proactively. As a result, businesses can achieve higher storage density, faster retrieval times, and improved overall efficiency. Thus, the advancements in AI and ML are anticipated to fuel the ASRS for garments on hangers market in the coming years.
On the contrary, high initial investment and limited flexibility hamper the growth of Middle East & Africa ASRS for garments on hangers market.
Based on type, the Middle East & Africa 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 40.6% market share in 2022, amassing US$ 27.65 million. It is projected to garner US$ 50.59 million by 2030 to register 7.8% CAGR during 2022-2030.
In terms of application, the Middle East & Africa ASRS for garments on hangers market is segmented into warehousing & logistics, retail 3PL, hotels, hospitals & institutes, and others. The warehousing & logistics segment held 43.7% share of Middle East & Africa ASRS for garments on hangers market in 2022, amassing US$ 29.74 million. It is anticipated to garner US$ 53.11 million by 2030 to expand at 7.5% CAGR during 2022-2030. 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.
Based on country, the Middle East & Africa ASRS for garments on hangers market is categorized into the UAE, Saudi Arabia, South Africa, and the Rest of Middle East and Africa. Our regional analysis states that the UAE captured 35.2% share of Middle East & Africa ASRS for garments on hangers market in 2022. It was assessed at US$ 23.99 million in 2022 and is likely to hit US$ 43.90 million by 2030, registering a CAGR of 7.8% during 2022-2030.
Key players operating in the Middle East & Africa ASRS for garments on hangers market are Schonenberger Systeme GmbH, BEUMER Group GmbH & Co KG, Dematic Corp, and KNAPP AG among others.
In May 2022, The BEUMER Group acquired FAM GmbH, Magdeburg, a supplier of conveying systems and loading technology. The contracts were signed to complete the transaction by the end of May. This also significantly strengthened the BEUMER Group’s market position in the large equipment sector.
In June 2021, BEUMER Group – a leading global supplier of automated material handling systems – launched its new BG Pouch System in response to the rapid growth of interest from omnichannel and D2C operators.
o Highlights key business priorities in order to assist companies to realign their business strategies.
o The key findings and recommendations highlight crucial progressive industry trends in the Middle East & Africa ASRS for garments on hangers market, thereby allowing players across the value chain to develop effective long-term strategies.
o Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
o Scrutinize in-depth Middle East & Africa market trends and outlook coupled with the factors driving the Middle East & Africa ASRS for garments on hangers market, as well as those hindering it.
o Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing, and distribution.
1. Introduction
1.1 The the Reporting Teams 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. Middle East & Africa 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 – Middle East & Africa 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. Middle East & Africa 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. Middle East & Africa 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. Middle East & Africa ASRS for Garments on Hangers Market – Country Analysis
9.1 Middle East & Africa Overview
9.1.1 Middle East & Africa: 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 UAE: ASRS for Garments on Hangers Market Revenue and Forecasts to 2030 (US$ Mn)
9.1.2.1.1 UAE: ASRS for Garments on Hangers Market Breakdown by Type
9.1.2.1.2 UAE: ASRS for Garments on Hangers Market Breakdown by Application
9.1.2.1.2.1 UAE: ASRS for Garments on Hangers Market Breakdown by Warehousing and Logistics
9.1.2.1.2.2 UAE: ASRS for Garments on Hangers Market Breakdown by Retail 3PL
9.1.2.2 Saudi Arabia: ASRS for Garments on Hangers Market Revenue and Forecasts to 2030 (US$ Mn)
9.1.2.2.1 Saudi Arabia: ASRS for Garments on Hangers Market Breakdown by Type
9.1.2.2.2 Saudi Arabia: ASRS for Garments on Hangers Market Breakdown by Application
9.1.2.2.2.1 Saudi Arabia: ASRS for Garments on Hangers Market Breakdown by Warehousing and Logistics
9.1.2.2.2.2 Saudi Arabia: ASRS for Garments on Hangers Market Breakdown by Retail 3PL
9.1.2.3 South Africa: ASRS for Garments on Hangers Market Revenue and Forecasts to 2030 (US$ Mn)
9.1.2.3.1 South Africa: ASRS for Garments on Hangers Market Breakdown by Type
9.1.2.3.2 South Africa ASRS for Garments on Hangers Market Breakdown by Application
9.1.2.3.2.1 South Africa: ASRS for Garments on Hangers Market Breakdown by Warehousing and Logistics
9.1.2.3.2.2 South Africa: ASRS for Garments on Hangers Market Breakdown by Retail 3PL
9.1.2.4 Rest of Middle East and Africa: ASRS for Garments on Hangers Market Revenue and Forecasts to 2030 (US$ Mn)
9.1.2.4.1 Rest of Middle East and Africa: ASRS for Garments on Hangers Market Breakdown by Type
9.1.2.4.2 Rest of Middle East and Africa ASRS for Garments on Hangers Market Breakdown by Application
9.1.2.4.2.1 Rest of Middle East and Africa: ASRS for Garments on Hangers Market Breakdown by Warehousing and Logistics
9.1.2.4.2.2 Rest of Middle East and Africa: 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
12. Appendix
12.1 Word Index
Table 1. ASRS for Garments on Hangers Market Segmentation
Table 2. ASRS for Garments on Hangers Market Revenue and Forecasts to 2030 (US$ Million)
Table 3. ASRS for Garments on Hangers Market Revenue and Forecasts to 2030 (US$ Million) – Type
Table 4. ASRS for Garments on Hangers Market Revenue and Forecasts to 2030 (US$ Million) – Application
Table 5. ASRS for Garments on Hangers Market Revenue and Forecasts to 2030 (US$ Million) – Warehousing and Logistics
Table 6. ASRS for Garments on Hangers Market Revenue and Forecasts to 2030 (US$ Million) – Retail 3PL
Table 7. Middle East & Africa: ASRS for Garments on Hangers Market by Country – Revenue and Forecast to 2030 (USD Million)
Table 8. UAE: ASRS for Garments on Hangers Market Revenue and Forecasts to 2030 (US$ Mn) – By Type
Table 9. UAE: ASRS for Garments on Hangers Market Revenue and Forecasts to 2030 (US$ Mn) – By Application
Table 10. UAE: ASRS for Garments on Hangers Market Revenue and Forecasts to 2030 (US$ Mn) – By Warehousing and Logistics
Table 11. UAE: ASRS for Garments on Hangers Market Revenue and Forecasts to 2030 (US$ Mn) – By Retail 3PL
Table 12. Saudi Arabia: ASRS for Garments on Hangers Market Revenue and Forecasts to 2030 (US$ Mn) – By Type
Table 13. Saudi Arabia: ASRS for Garments on Hangers Market Revenue and Forecasts to 2030 (US$ Mn) – By Application
Table 14. Saudi Arabia: ASRS for Garments on Hangers Market Revenue and Forecasts to 2030 (US$ Mn) – By Warehousing and Logistics
Table 15. Saudi Arabia: ASRS for Garments on Hangers Market Revenue and Forecasts to 2030 (US$ Mn) – By Retail 3PL
Table 16. South Africa: ASRS for Garments on Hangers Market Revenue and Forecasts to 2030 (US$ Mn) – By Type
Table 17. South Africa: ASRS for Garments on Hangers Market Revenue and Forecasts to 2030 (US$ Mn) – By Application
Table 18. South Africa: ASRS for Garments on Hangers Market Revenue and Forecasts to 2030 (US$ Mn) – By Warehousing and Logistics
Table 19. South Africa: ASRS for Garments on Hangers Market Revenue and Forecasts to 2030 (US$ Mn) – By Retail 3PL
Table 20. Rest of Middle East and Africa: ASRS for Garments on Hangers Market Revenue and Forecasts to 2030 (US$ Mn) – By Type
Table 21. Rest of Middle East and Africa: ASRS for Garments on Hangers Market Revenue and Forecasts to 2030 (US$ Mn) – By Application
Table 22. Rest of Middle East and Africa: ASRS for Garments on Hangers Market Revenue and Forecasts to 2030 (US$ Mn) – By Warehousing and Logistics
Table 23. Rest of Middle East and Africa: ASRS for Garments on Hangers Market Revenue and Forecasts to 2030 (US$ Mn) – By Retail 3PL
Table 24. List of Abbreviation
Figure 1. ASRS for Garments on Hangers Market Segmentation, By Country
Figure 2. PEST Analysis
Figure 3. Ecosystem: ASRS for Garments on Hangers Market
Figure 4. ASRS for Garments on Hangers Market – Key Industry Dynamics
Figure 5. Impact Analysis of Drivers and Restraints
Figure 6. ASRS for Garments on Hangers Market Revenue (US$ Million), 2020 & 2030
Figure 7. ASRS for Garments on Hangers Market Share (%) – Type, 2022 and 2030
Figure 8. Garment Rail System Market Revenue and Forecasts to 2030 (US$ Million)
Figure 9. Garment Conveyor Market Revenue and Forecasts to 2030 (US$ Million)
Figure 10. Garment Property Storage Market Revenue and Forecasts to 2030 (US$ Million)
Figure 11. Others Market Revenue and Forecasts to 2030 (US$ Million)
Figure 12. ASRS for Garments on Hangers Market Share (%) – Application, 2022 and 2030
Figure 13. Warehousing and Logistics Market Revenue and Forecasts to 2030 (US$ Million)
Figure 14. ASRS for Garments on Hangers Market Share (%) – Warehousing and Logistics, 2022 and 2030
Figure 15. Garment on Hanger Market Revenue and Forecasts to 2030 (US$ Million)
Figure 16. Flat or Folded Inventory Market Revenue and Forecasts to 2030 (US$ Million)
Figure 17. Retail 3PL Market Revenue and Forecasts to 2030 (US$ Million)
Figure 18. ASRS for Garments on Hangers Market Share (%) – Retail 3PL, 2022 and 2030
Figure 19. Garment on Hanger Market Revenue and Forecasts to 2030 (US$ Million)
Figure 20. Flat or Folded Inventory Market Revenue and Forecasts to 2030 (US$ Million)
Figure 21. Hotels Market Revenue and Forecasts to 2030 (US$ Million)
Figure 22. Hospitals and Institutes Market Revenue and Forecasts to 2030 (US$ Million)
Figure 23. Others Market Revenue and Forecasts to 2030 (US$ Million)
Figure 24. Middle East & Africa: ASRS for Garments on Hangers Market, By Key Country – Revenue 2022 (US$ Million)
Figure 25. Middle East & Africa: ASRS for Garments on Hangers Market Breakdown by Key Countries, 2022 And 2030 (%)
Figure 26. UAE: ASRS for Garments on Hangers Market Revenue and Forecasts to 2030 (US$ Mn)
Figure 27. Saudi Arabia: ASRS for Garments on Hangers Market Revenue and Forecasts to 2030 (US$ Mn)
Figure 28. South Africa: ASRS for Garments on Hangers Market Revenue and Forecasts to 2030 (US$ Mn)
Figure 29. Rest of Middle East and Africa: ASRS for Garments on Hangers Market Revenue and Forecasts to 2030 (US$ Mn)
The List of Companies – Middle East & Africa ASRS for Garments on Hangers Market
1. Schonenberger Systeme GmbH
2. BEUMER Group GmbH & Co KG
3. Dematic Corp
4. KNAPP AG
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