Global Paperless Picking System Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030
According to our (Global Info Research) latest study, the global Paperless Picking System market size was valued at USD 3035.4 million in 2023 and is forecast to a readjusted size of USD 5790.4 million by 2030 with a CAGR of 9.7% during review period.
A paperless picking system refers to a warehouse management system (WMS) that utilizes mobile technology, such as handheld scanners or tablets, to track inventory levels and facilitate order fulfillment without relying on paper documents or printed pick lists. Instead of printing out pick lists or manually recording item quantities, workers use these devices to scan items and confirm they have picked the correct quantity and location.
The paperless picking system market refers to the segment of the logistics industry that focuses on the adoption of digital technologies to streamline and automate the order picking process. It involves replacing traditional paper-based methods with digital solutions like mobile devices, barcode scanners, and inventory management software. Here are some general insights on the current market situation in the paperless picking system industry:
Market growth: The demand for paperless picking systems has been on the rise, driven by the increasing need for efficiency, accuracy, and productivity in the order fulfillment process. Factors such as e-commerce growth, omnichannel retailing, globalization of supply chains, and the need for real-time inventory management are propelling the market forward.
Technological advancements: Advancements in technology, particularly in mobile computing, wireless connectivity, barcode scanning, and cloud-based systems, have enabled the development and adoption of paperless picking solutions. These technologies offer greater flexibility, scalability, and real-time data visibility, improving operational efficiency in warehousing and distribution centers.
Benefits of paperless picking systems: The adoption of paperless picking systems brings numerous benefits to businesses. These include increased picking accuracy, reduced picking errors, improved productivity, faster order fulfillment, enhanced inventory management, real-time data access, and the ability to scale operations as per demand.
Industry verticals: The market for paperless picking systems serves various industries, such as e-commerce, retail, manufacturing, healthcare, and logistics. Each industry has unique requirements and challenges, and paperless picking systems are tailored to meet these specific needs, allowing for customization and integration with existing enterprise resource planning (ERP) and warehouse management systems (WMS).
Integration with other technologies: Paperless picking systems often integrate with other technologies such as warehouse automation, robotics, Internet of Things (IoT), and artificial intelligence (AI). These integrations enhance the overall efficiency and effectiveness of the order picking process, enabling further automation and optimization.
The Global Info Research report includes an overview of the development of the Paperless Picking System industry chain, the market status of Assembly and Manufacturing (Pick-by-Light, Pick-by-Voice), Retail and E-Commerce (Pick-by-Light, Pick-by-Voice), and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hot applications and market trends of Paperless Picking System.
Regionally, the report analyzes the Paperless Picking System markets in key regions. North America and Europe are experiencing steady growth, driven by government initiatives and increasing consumer awareness. Asia-Pacific, particularly China, leads the global Paperless Picking System market, with robust domestic demand, supportive policies, and a strong manufacturing base.
Key Features:
The report presents comprehensive understanding of the Paperless Picking System market. It provides a holistic view of the industry, as well as detailed insights into individual components and stakeholders. The report analysis market dynamics, trends, challenges, and opportunities within the Paperless Picking System industry.
The report involves analyzing the market at a macro level:
Market Sizing and Segmentation: Report collect data on the overall market size, including the sales quantity (K Units), revenue generated, and market share of different by Type (e.g., Pick-by-Light, Pick-by-Voice).
Industry Analysis: Report analyse the broader industry trends, such as government policies and regulations, technological advancements, consumer preferences, and market dynamics. This analysis helps in understanding the key drivers and challenges influencing the Paperless Picking System market.
Regional Analysis: The report involves examining the Paperless Picking System market at a regional or national level. Report analyses regional factors such as government incentives, infrastructure development, economic conditions, and consumer behaviour to identify variations and opportunities within different markets.
Market Projections: Report covers the gathered data and analysis to make future projections and forecasts for the Paperless Picking System market. This may include estimating market growth rates, predicting market demand, and identifying emerging trends.
The report also involves a more granular approach to Paperless Picking System:
Company Analysis: Report covers individual Paperless Picking System manufacturers, suppliers, and other relevant industry players. This analysis includes studying their financial performance, market positioning, product portfolios, partnerships, and strategies.
Consumer Analysis: Report covers data on consumer behaviour, preferences, and attitudes towards Paperless Picking System This may involve surveys, interviews, and analysis of consumer reviews and feedback from different by Application (Assembly and Manufacturing, Retail and E-Commerce).
Technology Analysis: Report covers specific technologies relevant to Paperless Picking System. It assesses the current state, advancements, and potential future developments in Paperless Picking System areas.
Competitive Landscape: By analyzing individual companies, suppliers, and consumers, the report present insights into the competitive landscape of the Paperless Picking System market. This analysis helps understand market share, competitive advantages, and potential areas for differentiation among industry players.
Market Validation: The report involves validating findings and projections through primary research, such as surveys, interviews, and focus groups.
Market Segmentation
Paperless Picking System market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value.
Market segment by Type
Pick-by-Light
Pick-by-Voice
Pick-by-Terminal
Others
Market segment by Application
Assembly and Manufacturing
Retail and E-Commerce
Pharma and Cosmetics
Food and Beverages
Others
Major players covered
SSI Schaefer
KNAPP
Creform
Bowe Systec
Daifuku
Dematic
TRILUM Solutions
BITO-Lagertechnik
Outsource Equipment
Ekko
LUCA Logistic Solutions
Triumph Business Systems
Kapelou
Million Tech
Quadruple Automation
WIBOND
Acumatica
Emdoor
ULMA Handling Systems
AIOI Systems
ATOX
Market segment by region, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Paperless Picking System product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Paperless Picking System, with price, sales, revenue and global market share of Paperless Picking System from 2019 to 2024.
Chapter 3, the Paperless Picking System competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Paperless Picking System breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2019 to 2030.
Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2019 to 2030.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2023.and Paperless Picking System market forecast, by regions, type and application, with sales and revenue, from 2025 to 2030.
Chapter 12, market dynamics, drivers, restraints, trends and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Paperless Picking System.
Chapter 14 and 15, to describe Paperless Picking System sales channel, distributors, customers, research findings and conclusion.