South & Central America ASRS for Garments on Hangers Market Forecast to 2030

At 6.6% CAGR, South & Central America ASRS for Garments on Hangers Market is Speculated to be Worth US$ 87.85 Million by 2030, says the Research Team

According to the Research Team’ research, the South & Central America ASRS for garments on hangers market was valued at US$ 52.68 million in 2022 and is expected to reach US$ 87.85 million by 2030, registering a CAGR of 6.6% from 2022 to 2030. Improvement in order fulfilment, surge in demand due to labor shortage and growth in urbanization are among the critical factors attributed to drive the South & Central America ASRS for garments on hangers market growth.

With its advanced automation capabilities, these systems provide a broad range of benefits that can significantly improve the efficiency and accuracy of order fulfillment operations. One of the key opportunities ASRS presents for garments on hangers is the ability to enhance order accuracy. Traditional manual picking processes in garment warehouses can be prone to errors, leading to incorrect shipments and dissatisfied customers. However, with the implementation of ASRS, the reliance on manual picking has been reduced. The robotic arms and conveyor systems used in ASRS efficiently and accurately retrieve the required garments based on the order specifications, thereby minimizing the risk of human error. This ensures that customers receive the exact product they ordered, which increases customer satisfaction and reduces returns. Another advantage of ASRS for garments on hangers is the significant improvement in order fulfillment speed. These systems are designed to operate at high speeds, enabling rapid retrieval and consolidation of garments. Advanced software and algorithms streamline the picking process, optimizing the retrieval sequence and minimizing the time required to fulfill an order. As a result, businesses can handle larger orders within shorter timeframes, reducing lead times and meeting customer expectations for prompt delivery. Additionally, SDI Element offered its client a unique ASRS solution. In August 2022, SDI delivered an innovative and comprehensive solution to Stage Stores, surpassing their expectations in resolving their operational challenges. The implementation of the advanced Joey Pouch Sorter in their existing 436,000 square feet distribution center required minimal additional space for induction. This utilization of previously unused areas allowed Stage Stores to optimize their limited footprint and maximize efficiency. Thus, improvement in order fulfilment is likely to create immense opportunities for the players operating in the ASRS for garments on hangers market during the forecast period.

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

Based on type, the South & Central 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 48.1% market share in 2022, amassing US$ 25.34 million. It is projected to garner US$ 44.09 million by 2030 to register 7.2% CAGR during 2022-2030.

In terms of application, the South & Central America ASRS for garments on hangers market is segmented into warehousing & logistics, retail 3PL, hotels, hospitals & institutes, and others. The warehousing & logistics segment held 45.0% share of South & Central America ASRS for garments on hangers market in 2022, amassing US$ 23.71 million. It is anticipated to garner US$ 40.74 million by 2030 to expand at 7.0% 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 South & Central America ASRS for garments on hangers market is categorized into Brazil, Argentina, and the Rest of South and Central America. Our regional analysis states that Brazil captured 55.2% share of South & Central America ASRS for garments on hangers market in 2022. It was assessed at US$ 29.08 million in 2022 and is likely to hit US$ 51.08 million by 2030, registering a CAGR of 7.3% during 2022-2030.

Key players operating in the South & Central America ASRS for garments on hangers market are BEUMER Group GmbH & Co KG, Dematic Corp, KNAPP AG, Daifuku Co Ltd, and Vanderlande Industries BV, 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 Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the South & Central 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 South & Central 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 South & Central America market trends and outlook coupled with the factors driving the South & Central 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. South & Central 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 – South & Central 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. South & Central 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. South & Central 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. South & Central America ASRS for Garments on Hangers Market – Country Analysis
9.1 South & Central America Overview
9.1.1 South & Central America: 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 Brazil: ASRS for Garments on Hangers Market Revenue and Forecasts to 2030 (US$ Mn)
9.1.2.1.1 Brazil: ASRS for Garments on Hangers Market Breakdown by Type
9.1.2.1.2 Brazil: ASRS for Garments on Hangers Market Breakdown by Application
9.1.2.1.2.1 Brazil: ASRS for Garments on Hangers Market Breakdown by Warehousing and Logistics
9.1.2.1.2.2 Brazil: ASRS for Garments on Hangers Market Breakdown by Retail 3PL
9.1.2.2 Argentina: ASRS for Garments on Hangers Market Revenue and Forecasts to 2030 (US$ Mn)
9.1.2.2.1 Argentina: ASRS for Garments on Hangers Market Breakdown by Type
9.1.2.2.2 Argentina : ASRS for Garments on Hangers Market Breakdown by Application
9.1.2.2.2.1 Argentina: ASRS for Garments on Hangers Market Breakdown by Warehousing and Logistics
9.1.2.2.2.2 Argentina: ASRS for Garments on Hangers Market Breakdown by Retail 3PL
9.1.2.3 Rest of South and Central America: ASRS for Garments on Hangers Market Revenue and Forecasts to 2030 (US$ Mn)
9.1.2.3.1 Rest of South and Central America: ASRS for Garments on Hangers Market Breakdown by Type
9.1.2.3.2 Rest of South and Central America: ASRS for Garments on Hangers Market Breakdown by Application
9.1.2.3.2.1 Rest of South and Central America: ASRS for Garments on Hangers Market Breakdown by Warehousing and Logistics
9.1.2.3.2.2 Rest of South and Central America: 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 BEUMER Group GmbH & Co KG
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 Dematic Corp
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 KNAPP AG
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 Daifuku Co Ltd
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 Vanderlande Industries BV
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
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. South & Central America: ASRS for Garments on Hangers Market by Country – Revenue and Forecast to 2030 (USD Million)
Table 8. Brazil: ASRS for Garments on Hangers Market Revenue and Forecasts to 2030 (US$ Mn) – By Type
Table 9. Brazil: ASRS for Garments on Hangers Market Revenue and Forecasts to 2030 (US$ Mn) – By Application
Table 10. Brazil: ASRS for Garments on Hangers Market Revenue and Forecasts to 2030 (US$ Mn) – By Warehousing and Logistics
Table 11. Brazil: ASRS for Garments on Hangers Market Revenue and Forecasts to 2030 (US$ Mn) – By Retail 3PL
Table 12. Argentina : ASRS for Garments on Hangers Market Revenue and Forecasts to 2030 (US$ Mn) – By Type
Table 13. Argentina: ASRS for Garments on Hangers Market Revenue and Forecasts to 2030 (US$ Mn) – By Application
Table 14. Argentina: ASRS for Garments on Hangers Market Revenue and Forecasts to 2030 (US$ Mn) – By Warehousing and Logistics
Table 15. Argentina: ASRS for Garments on Hangers Market Revenue and Forecasts to 2030 (US$ Mn) – By Retail 3PL
Table 16. Rest of South and Central America: ASRS for Garments on Hangers Market Revenue and Forecasts to 2030 (US$ Mn) – By Type
Table 17. Rest of South and Central America: ASRS for Garments on Hangers Market Revenue and Forecasts to 2030 (US$ Mn) – By Application
Table 18. Rest of South and Central America: ASRS for Garments on Hangers Market Revenue and Forecasts to 2030 (US$ Mn) – By Warehousing and Logistics
Table 19. Rest of South and Central America: 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. South & Central America: ASRS for Garments on Hangers Market, By Key Country – Revenue 2022 (US$ Million)
Figure 25. South & Central America: ASRS for Garments on Hangers Market Breakdown by Key Countries, 2022 And 2030 (%)
Figure 26. Brazil: ASRS for Garments on Hangers Market Revenue and Forecasts to 2030 (US$ Mn)
Figure 27. Argentina: ASRS for Garments on Hangers Market Revenue and Forecasts to 2030 (US$ Mn)
Figure 28. Rest of South and Central America: ASRS for Garments on Hangers Market Revenue and Forecasts to 2030 (US$ Mn)