ASRS for Garments on Hangers Market Size and Forecasts (2020 - 2030), Global and Regional Share, Trend, and Growth Opportunity Analysis By Type (Garment Rail System, Garment Conveyor, Garment Property Storage, and Others) and Application (Warehousing and Logistics, Retail 3PL, Hotels, Hospitals and Institutes, and Others)
The ASRS for Garments on Hangers Market size is expected to reach US$ 3.21 billion by 2030 from 1.69 billion in 2022, at an estimated CAGR of 8.3% from 2022 to 2030.
The US, Canada, and Mexico are among the key countries in North America, a hub of technological development and held a significant share in the global ASRS for garments on hangers market forecast. With the increasing popularity of IoT, companies in the US are implementing IoT with automated storage solutions, which can save time and costs. IoT-integrated automated storage solutions enable remote monitoring, timely report status generation, quicker recovery in case of any errors, and enhanced efficiency. Montreal is the fashion capital of North America. It has been a center of innovation in textile design, manufacturing, and handling for more than a century. Hence, several ASRS for garments on hangers market players in North America are focusing on developing the solutions in these systems. For example, as of April 2021, Planiform launched its revolutionary automated system for the storage and retrieval of garments on hangers (GOH). In July 2021, the GOH Hive was launched, which is expected to receive accolades from various garment-handling businesses, including warehouses, distribution centers, and e-commerce businesses, among others. The GOH Hive is a cutting-edge system powered by intelligent robots that read unique SKUs and then determine the way each garment should be handled. The system is designed on several levels, and robots utilize elevators to access rows of ship-ready clothing. Moreover, several players across the region are providing solutions considered in the ASRS for garments on hangers market analysis. For example, Dematic provides a wide range of storage options designed to reduce and mobilize inventory. The company can assist with organizing and controlling goods on pallets, cartons (totes), and garments-on-hangers. Thus, such instances propel the ASRS for garments on hangers market growth in North America. The unavailability of cheap labor and growing automation in factories are mainly driving the ASRS market in the country. The e-commerce market is flourishing in the US, and with this, there is a rise in the warehouse industry, contributing to the adoption of ASRS. For instance, according to Waredock Estonia LLC, the North American warehouse and storage industry grew annually at 11.5% in 2021. Moreover, several players across the US provide solutions in ASRS for garments on hangers market. For example, Conveyco Technologies provides the Go-Fer Bot AMR AS/RS, a floor-moving robot that can go under shelving racks, lift them slightly, and move them to pick stations. Totes, cartons, pallets, hanging clothes, and loose fill can all be arranged on the racks in the same way to suit demands. Integrated pick-to-light systems can also be used to increase throughput and accuracy. Automation is been hugely adopted in Canada, which enables greater production control for manufacturers. Thus, due to the huge demand for automation, smart connected sensing devices are integrated with ASRS, which optimizes their functionality and offers greater overall productivity. Moreover, the expansion of e-commerce businesses and rising demand of e-commerce bolsters the sales and implementation of ASRS systems, which help run these facilities efficiently. For example, considering the surge in e-commerce sales in Canada, several players are providing ASRS for apparel. For example, Planiform provides Planiform conveyors, which have applications in the fashion, retail, e-commerce, thrift, second-hand, and re-selling industries. If one needs to transport items on hangers, Planiform offers a solution for them. Thus, growth in e-commerce and the presence of such players in the region are propelling the ASRS for garments on hangers market growth.
Based on application, the global ASRS for Garments on Hangers market analysis is segmented into warehousing & logistics, and retail 3PL, hotels, hospital and institutes, and others. ASRS integrates with advanced software systems to provide real-time visibility into order status, inventory levels, and system performance. Managers can make informed decisions, monitor system efficiency, and address issues promptly, contributing to overall operational excellence. Systems in ASRS for garments on hangers incorporate security features such as access controls and surveillance cameras in warehousing and logistics. Also, systems in ASRS for garments on hangers market is designed to store garments in a hanging position, minimizing wrinkles and preserving the quality of the clothing. Garments are maintained in a retail-ready condition, reducing the need for additional handling or processing before shipping. Hence, products in ASRS for garments on hangers market are a transformative solution for the warehousing and logistics industry, providing efficiency, space optimization, and improved garment handling. A significant ASRS for garments on hangers market share in held by the retail third-party logistics (3PL) industry. ASRS systems for this industry offer several advantages that cater to the specific needs of handling garments efficiently in a retail 3PL environment. Solutions in ASRS for garments on hangers market maximizes the use of vertical space and provides high-density storage for garments on hangers, optimizing the storage capacity within the 3PL facility. A retail 3PL facility can efficiently store and retrieve large volumes of hanging garments in a compact footprint, reducing the need for extensive floor space. Solutions in ASRS for garments on hangers market automates the handling of hanging garments, eliminating the need for manual picking, and reducing the risk of errors associated with human intervention.
Based on type, the ASRS for Garments on Hangers market share is segmented into garment rail system, garment conveyor, garment property storage, and others. Garment rail systems are used by garment manufacturers, distribution centers, laundries, and retail industries. It either incorporates a manual rail system or a fully automated retrieval system; these systems can maximize productivity. These garment distribution conveyors feature automatic loading and unloading of garments. It provides complete traffic logic controls and power and free coupled with a gravity system to maximize the overhead storage, reduce footprint, and minimize power requirement and conveyor costs. In many solutions in ASRS for garments on hangers market setups, garment rail systems are designed to operate across multiple levels or tiers to maximize vertical storage space. When an order is placed, the ASRS system identifies the location of the requested garment and automatically retrieves it from the rail system. The rail system can include sorting mechanisms to streamline the retrieval process based on order requirements. The garment rail system within an ASRS for garments on the hangers market is essential to automated garment storage and retrieval systems' efficiency, accuracy, and overall performance. It addresses the unique requirements of the garment industry, where preserving the integrity of hanging garments is essential for order fulfillment.
Ferag, SDI element logic, Schonenberger, Beumer Group, Vanderlande, Dematic, KNAPP, Daifuku, ABCO, Railex, Conveyco, and White Conveyor are among the key ASRS for Garments on Hangers Market players that are profiled in this market study.
The overall ASRS for Garments on Hangers Market forecast has been evaluated using both primary and secondary sources. Exhaustive secondary research has been conducted using internal and external sources to obtain qualitative and quantitative information related to the ASRS for Garments on Hangers Market size. The process also helps obtain an overview and forecast of the market with respect to all the market segments. Also, multiple primary interviews have been conducted with industry participants to validate the data and gain analytical insights. This process includes industry experts such as VPs, business development managers, market intelligence managers, and national sales managers, along with external consultants such as valuation experts, research analysts, and key opinion leaders, specializing in the ASRS for Garments on Hangers Market.
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