North America ASRS for Garments on Hangers Market Forecast to 2030

At 8.6% CAGR, North America ASRS for Garments on Hangers Market is Speculated to be Worth US$ 1,020.81 Million by 2030, says the Research Team

According to the Research Team’ research, the North America ASRS for garments on hangers market was valued at US$ 529.46 million in 2022 and is expected to reach US$ 1,020.81 million by 2030, registering a CAGR of 8.6% from 2022 to 2030. Rise in e-commerce growth, surge in demand due to labor shortage and growth in urbanization are among the critical factors attributed to drive the North America ASRS for garments on hangers market growth.

E-commerce has significantly impacted the garment industry, leading to an increased need for efficient storage and retrieval systems to handle the growing volume of orders. Automated storage and retrieval systems (ASRS) offer a solution by automating the storage and retrieval of garments, enabling faster order processing and fulfillment. ASRS utilizes advanced technologies such as robotics, conveyors, and computer control systems to store and retrieve garments efficiently. These systems can handle large inventory volumes, optimize space utilization, and improve inventory management. By automating the storage and retrieval process, ASRS eliminates the need for manual handling, thereby reducing the risk of errors and enhancing overall efficiency. The integration of ASRS in the garment industry offers several benefits. It enables faster order processing, allowing companies to meet the demand for quick and efficient delivery. ASRS can retrieve garments from storage locations in seconds, reducing the time required for order fulfillment. Furthermore, ASRS improves inventory accuracy and control. With automated tracking and monitoring capabilities, companies can have real-time inventory visibility, reducing the risk of stockouts or overstocking. This helps maintain optimal inventory levels and minimize costs associated with inventory management. Moreover, traditional warehousing methods often struggle to handle the increased volume of orders generated by e-commerce platforms. ASRS for GOH systems leverages automation and robotics to maximize warehouse efficiency. These systems can handle many garments on hangers, storing and retrieving them quickly and accurately. ASRS for GOH enables retailers to optimize space utilization, reduce labor costs, minimize errors in order picking, and enhance overall warehouse productivity. The scalability and flexibility of ASRS for GOH systems make them an ideal choice for e-commerce businesses. With the ability to handle large volumes of garments on hangers, these systems can adapt to the ever-changing demands of online retail. ASRS for GOH allows retailers to expand their product range, accommodate seasonal fluctuations, and easily integrate with existing warehouse management systems.

On the contrary, high initial investment and limited flexibility hamper the growth of North America ASRS for garments on hangers market.

Based on type, the North America 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 43.1% market share in 2022, amassing US$ 228.44 million. It is projected to garner US$ 465.14 million by 2030 to register 9.3% CAGR during 2022-2030.

In terms of application, the North America ASRS for garments on hangers market is segmented into warehousing & logistics, retail 3PL, hotels, hospitals & institutes, and others. The warehousing & logistics segment held 44.6% share of North America ASRS for garments on hangers market in 2022, amassing US$ 236.08 million. It is anticipated to garner US$ 470.04 million by 2030 to expand at 9.0% 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 North America ASRS for garments on hangers market is categorized into the US, Canada, and Mexico. Our regional analysis states that the US captured 76.5% share of North America ASRS for garments on hangers market in 2022. It was assessed at US$ 405.09 million in 2022 and is likely to hit US$ 796.84 million by 2030, registering a CAGR of 8.8% during 2022-2030.

Key players operating in the North America ASRS for garments on hangers market are Element Logic US Bidco Inc, ABCO Systems LLC, Schonenberger Systeme GmbH, BEUMER Group GmbH & Co KG, Dematic Corp, KNAPP AG, Daifuku Co Ltd, Railex Conveyor Systems Inc, Conveyco Technologies Inc, White Conveyors Inc, and Vanderlande Industries BV, among others.

In March 2022, Element Logic, a specialized integrator for automated warehouse solutions centered around the AutoStore system, announced the acquisition of SDI Industries, a US provider of leading turnkey automation solutions and sortation systems.

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 Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the North America ASRS for garments on hangers market.
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 North America 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 North America market trends and outlook coupled with the factors driving the North America 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.

TABLE OF CONTENTS

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. North America 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 – North America 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. North America 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. North America 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. North America ASRS for Garments on Hangers Market – Country Analysis
9.1 North America Market Overview
9.1.1 North America: ASRS for Garments on Hangers Market, By Key Country – Revenue 2022 (US$ Mn)
9.1.2 North America: ASRS for Garments on Hangers Market Revenue and Forecasts and Analysis – By Countries
9.1.2.1 US: ASRS for Garments on Hangers Market Revenue and Forecasts to 2030 (US$ Mn)
9.1.2.1.1 US: ASRS for Garments on Hangers Market Breakdown by Type
9.1.2.1.2 US: ASRS for Garments on Hangers Market Breakdown by Application
9.1.2.1.2.1 US: ASRS for Garments on Hangers Market Breakdown by Warehousing and Logistics
9.1.2.1.2.2 US: ASRS for Garments on Hangers Market Breakdown by Retail 3PL
9.1.2.2 Canada: ASRS for Garments on Hangers Market Revenue and Forecasts to 2030 (US$ Mn)
9.1.2.2.1 Canada: ASRS for Garments on Hangers Market Breakdown by Type
9.1.2.2.2 Canada: ASRS for Garments on Hangers Market Breakdown by Application
9.1.2.2.2.1 Canada: ASRS for Garments on Hangers Market Breakdown by Warehousing and Logistics
9.1.2.2.2.2 Canada: ASRS for Garments on Hangers Market Breakdown by Retail 3PL
9.1.2.3 Mexico: ASRS for Garments on Hangers Market Revenue and Forecasts to 2030 (US$ Mn)
9.1.2.3.1 Mexico: ASRS for Garments on Hangers Market Breakdown by Type
9.1.2.3.2 Mexico: ASRS for Garments on Hangers Market Breakdown by Application
9.1.2.3.2.1 Mexico: ASRS for Garments on Hangers Market Breakdown by Warehousing and Logistics
9.1.2.3.2.2 Mexico: 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 Element Logic US Bidco Inc
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 ABC0 Systems LLC
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 Schonenberger Systeme GmbH
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 BEUMER Group GmbH & Co KG
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 Dematic Corp
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 KNAPP AG
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
11.7 Daifuku Co Ltd
11.7.1 Key Facts
11.7.2 Business Description
11.7.3 Products and Services
11.7.4 Financial Overview
11.7.5 SWOT Analysis
11.7.6 Key Developments
11.8 Railex Conveyor Systems Inc
11.8.1 Key Facts
11.8.2 Business Description
11.8.3 Products and Services
11.8.4 Financial Overview
11.8.5 SWOT Analysis
11.8.6 Key Developments
11.9 Conveyco Technologies Inc
11.9.1 Key Facts
11.9.2 Business Description
11.9.3 Products and Services
11.9.4 Financial Overview
11.9.5 SWOT Analysis
11.9.6 Key Developments
11.10 White Conveyors Inc
11.10.1 Key Facts
11.10.2 Business Description
11.10.3 Products and Services
11.10.4 Financial Overview
11.10.5 SWOT Analysis
11.10.6 Key Developments
11.11 Vanderlande Industries BV
11.11.1 Key Facts
11.11.2 Business Description
11.11.3 Products and Services
11.11.4 Financial Overview
11.11.5 SWOT Analysis
11.11.6 Key Developments
12. Appendix
12.1 Word Index

LIST OF TABLES

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. North America ASRS for Garments on Hangers Market by Country – Revenue and Forecast to 2030 (USD Million)
Table 8. US: ASRS for Garments on Hangers Market Revenue and Forecasts to 2030 (US$ Mn) – By Type
Table 9. US: ASRS for Garments on Hangers Market Revenue and Forecasts to 2030 (US$ Mn) – By Application
Table 10. US: ASRS for Garments on Hangers Market Revenue and Forecasts to 2030 (US$ Mn) – By Warehousing and Logistics
Table 11. US: ASRS for Garments on Hangers Market Revenue and Forecasts to 2030 (US$ Mn) – By Retail 3PL
Table 12. Canada: ASRS for Garments on Hangers Market Revenue and Forecasts to 2030 (US$ Mn) – By Type
Table 13. Canada : ASRS for Garments on Hangers Market Revenue and Forecasts to 2030 (US$ Mn) – By Application
Table 14. Canada: ASRS for Garments on Hangers Market Revenue and Forecasts to 2030 (US$ Mn) – By Warehousing and Logistics
Table 15. Canada: ASRS for Garments on Hangers Market Revenue and Forecasts to 2030 (US$ Mn) – By Retail 3PL
Table 16. Mexico: ASRS for Garments on Hangers Market Revenue and Forecasts to 2030 (US$ Mn) – By Type
Table 17. Mexico: ASRS for Garments on Hangers Market Revenue and Forecasts to 2030 (US$ Mn) – By Application
Table 18. Mexico: ASRS for Garments on Hangers Market Revenue and Forecasts to 2030 (US$ Mn) – By Warehousing and Logistics
Table 19. Mexico: ASRS for Garments on Hangers Market Revenue and Forecasts to 2030 (US$ Mn) – By Retail 3PL
Table 20. List of Abbreviation

LIST OF FIGURES

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. ASRS for Garments on Hangers Market, By Key Country – Revenue 2022 (US$ Mn)
Figure 25. ASRS for Garments on Hangers Market Breakdown by Key Countries, 2022 and 2030 (%)
Figure 26. US: ASRS for Garments on Hangers Market Revenue and Forecasts to 2030 (US$ Mn)
Figure 27. Canada: ASRS for Garments on Hangers Market Revenue and Forecasts to 2030 (US$ Mn)
Figure 28. Mexico: ASRS for Garments on Hangers Market Revenue and Forecasts to 2030 (US$ Mn)