Micro Fulfillment Market Report: Trends, Forecast and Competitive Analysis to 2030

Micro Fulfillment Market Report: Trends, Forecast and Competitive Analysis to 2030

Micro Fulfillment Trends and Forecast

The future of the global micro fulfillment market looks promising with opportunities in the e-commerce, traditional retailer & distributor, and manufacturer markets. The global micro fulfillment market is expected to reach an estimated $15.2 billion by 2030 with a CAGR of 24.3% from 2024 to 2030. The major drivers for this market are increasing e-commerce demand, rising demand for online grocery shopping, and growing focus on speed and efficiency.

A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.

Micro Fulfillment by Segment

The study includes a forecast for the global micro fulfillment by type, components, end use, and region.

Micro Fulfillment Market by Type [Shipment Analysis by Value from 2018 to 2030]:

• Standalone
• Store-Integrated/In Stores
• Dark Stores

Micro Fulfillment Market by Components [Shipment Analysis by Value from 2018 to 2030]:

• Hardware
• Software
• Services

Micro Fulfillment Market by End Use [Shipment Analysis by Value from 2018 to 2030]:

• E-Commerce
• Traditional Retailers & Distributors
• Manufacturers

Micro Fulfillment Market by Region [Shipment Analysis by Value from 2018 to 2030]:

• North America
• Europe
• Asia Pacific
• The Rest of the World

List of Micro Fulfillment Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies micro fulfillment companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the micro fulfillment companies profiled in this report include-

• Alert Innovation
• Dematic
• Honeywell
• OPEX
• Swisslog
• AutoStore
• Exotec SAS
• Takeoff Technologies
• TGW Logistic
• Get Fabric

Micro Fulfillment Market Insights

Lucintel forecasts that store-integrated/in store is expected to witness the highest growth over the forecast period due to this strategy helps businesses to make better use of their retail space and goods and potentially minimize the requirement for separate dedicated fulfillment centers.

Within this market, traditional retailer & distributor is expected to witness the highest growth as they have a well-established network of physical storefronts, warehouses, and distribution hubs.

North America will remain the largest region over the forecast period due to presence of well-established infrastructure, growing innovation and increasing customer's preference towards online purchasing.

Features of the Global Micro Fulfillment Market

Market Size Estimates: Micro fulfillment market size estimation in terms of value ($B).

Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.

Segmentation Analysis: Micro fulfillment market size by type, components, end use, and region in terms of value ($B).

Regional Analysis: Micro fulfillment market breakdown by North America, Europe, Asia Pacific, and Rest of the World.

Growth Opportunities: Analysis of growth opportunities in different types, components, end uses, and regions for the micro fulfillment market.

Strategic Analysis: This includes M&A, new product development, and competitive landscape of the micro fulfillment market.

Analysis of competitive intensity of the industry based on Porter’s Five Forces model.

FAQ

Q1. What is the micro fulfillment market size?

Answer: The global micro fulfillment market is expected to reach an estimated $15.2 billion by 2030.

Q2. What is the growth forecast for micro fulfillment market?

Answer: The global micro fulfillment market is expected to grow with a CAGR of 24.3% from 2024 to 2030.

Q3. What are the major drivers influencing the growth of the micro fulfillment market?

Answer: The major drivers for this market are increasing e-commerce demand, rising demand for online grocery shopping, and growing focus on speed and efficiency.

Q4. What are the major segments for micro fulfillment market?

Answer: The future of the micro fulfillment market looks promising with opportunities in the e-commerce, traditional retailer & distributor, and manufacturer markets.

Q5. Who are the key micro fulfillment market companies?

Answer: Some of the key micro fulfillment companies are as follows:

• Alert Innovation
• Dematic
• Honeywell
• OPEX
• Swisslog
• AutoStore
• Exotec SAS
• Takeoff Technologies
• TGW Logistic
• Get Fabric

Q6. Which micro fulfillment market segment will be the largest in future?

Answer: Lucintel forecasts that store-integrated/in store is expected to witness the highest growth over the forecast period due to this strategy helps businesses to make better use of their retail space and goods and potentially minimize the requirement for separate dedicated fulfillment centers.

Q7. In micro fulfillment market, which region is expected to be the largest in next 5 years?

Answer: North America will remain the largest region over the forecast period due to presence of well-established infrastructure, growing innovation and increasing customer's preference towards online purchasing.

Q.8 Do we receive customization in this report?

Answer: Yes, Lucintel provides 10% customization without any additional cost.

This report answers following 11 key questions:

Q.1. What are some of the most promising, high-growth opportunities for the micro fulfillment market by type (standalone, store-integrated/in stores, and dark stores), components (hardware, software, and services), end use (e-commerce, traditional retailers & distributors, and manufacturers), and region (North America, Europe, Asia Pacific, and the Rest of the World)?

Q.2. Which segments will grow at a faster pace and why?

Q.3. Which region will grow at a faster pace and why?

Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?

Q.5. What are the business risks and competitive threats in this market?

Q.6. What are the emerging trends in this market and the reasons behind them?

Q.7. What are some of the changing demands of customers in the market?

Q.8. What are the new developments in the market? Which companies are leading these developments?

Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?

Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?

Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?