openPR Logo
Press release

Key Influencer in the ASRS For Garments On Hangers Market 2025: E-Commerce Boom Fuels Growth In ASRS For Garments On Hangers Market Driver

03-07-2025 02:36 PM CET | Logistics & Transport

Press release from: The Business Research Company

ASRS For Garments On Hangers Market

ASRS For Garments On Hangers Market

What combination of drivers is leading to accelerated growth in the asrs for garments on hangers market?
The anticipated growth of the ASRS for garments-on-hangers market can be attributed to the flourishing e-commerce sector. The e-commerce field essentially encompasses online buying and selling of goods and services. It has been gaining traction due to increasing internet accessibility, the convenience of online shopping, and evolving consumer purchasing behaviors. ASRS, or Automated Storage and Retrieval Systems, for garments-on-hangers are pivotal in enhancing inventory management and boosting efficiency in e-commerce warehouses as they enable quicker, more accurate processing of clothing orders. For example, data from the International Trade Administration, a US Department of Commerce, suggests that global B2C e-commerce revenue will escalate to an impressive $5.5 trillion by 2027, growing at a consistent compound annual growth rate of 14.4%. Furthermore, the gross merchandise value (GMV) in the year 2023 recorded a rise to $24,453 billion from $21,019 billion in the preceding year of 2022. Thus, the progress of the e-commerce sector is fuelling the advancement of the ASRS for the garments-on-hangers market.

Get Your ASRS For Garments On Hangers Market Report Here:
https://www.thebusinessresearchcompany.com/report/asrs-for-garments-on-hangers-global-market-report

What is the projected compound annual growth rate (CAGR) of the asrs for garments on hangers market from 2025 to 2034, and what factors influence it?
The market size for the ASRS for garments on hangers has seen significant growth recently. The market is expected to expand from $1.9 billion in 2024 to $2.08 billion in 2025, exhibiting a compound annual growth rate (CAGR) of 9.5%. Factors contributing to this growth during the historic period include the surge in retail and e-commerce, heightened environmental consciousness, need for customized storage solutions, growing focus on maximizing space use and organization within warehouses, and escalating labour expenses.

The market for ASRS for garments on hangers is predicted to experience substantial growth in the near future. The market is set to expand to $2.83 billion in 2029, boasting a compound annual growth rate (CAGR) of 8.0%. The expected growth in this period can be linked to the fast expansion of fast fashion which requires nimble and efficient storage systems, a growing need for on-time inventory management, the emergence of smart cities that demand intelligent logistics solutions, and a rise in customer demand for quicker order fulfilment. Key trends anticipated during the forecast period are AI and machine learning integration, customization options, the inclusion of robotics, adoption of modular designs, cloud connectivity and technological advancements.

Get Your Free Sample Now - Explore Exclusive Market Insights:
https://www.thebusinessresearchcompany.com/sample.aspx?id=14256&type=smp

What new trends are reshaping the asrs for garments on hangers market and its opportunities?
Leading firms in the Automated Storage and Retrieval Systems (ASRS) for hanging garments market are placing emphasis on high-tech solutions such as automated hangers to increase efficiency and cut down expenses. They are also prioritizing IoT integration and sustainable techniques to streamline operations and elevate inventory management. Automated hangers utilise technology to neatly stow away and retrieve outfits, often using robotic or conveyor systems, thereby bringing down labour expenses in environments like laundry and dry cleaning services. For instance, RT Knits Ltd., a Mauritius-based textile firm, introduced its Automated Hanger System (AHS) in November 2023. The AHS system boosts efficiency and lessens labour expenses by mechanizing garment management throughout the production process. It augments workflow, quality control, and sustainability, ultimately fine-tuning operations in the garment production industry.

What are the major segments of the asrs for garments on hangers market and their role in driving growth?
The ASRS for garments on hangers market covered in this report is segmented -

1) By Type: Garment Rail System, Garment Conveyor, Garment Property Storage, Other Types
2) By Load: Unit Load, Mid Load, Vertical Lift Module (VLM), Carousel, Mini Load
3) By Application: Warehousing And Logistics, Retail Third-Party Logistic (3PL), Hotels, Hospitals And Institutes, Other Applications

Subsegments:
1) By Garment Rail System: Overhead Rail Systems, Vertical Rail Systems
2) By Garment Conveyor: Automated Conveyor Belts, Shuttle Conveyors
3) By Garment Property Storage: Hanging Storage Systems, Modular Storage Units
4) By Other Types: Mobile Racking Systems, Vertical Lift Modules (VLM), Custom Automated Solutions

Unlock Exclusive Market Insights - Purchase Your Research Report Now!
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=14256

Which regions are key players in the growth of the asrs for garments on hangers market?
North America was the largest region in the ASRS for garments on hangers market in 2024. The regions covered in the ASRS for garments on hangers market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

Who are the key firms paving the way for growth in the asrs for garments on hangers market?
Major companies operating in the ASRS for garments on hangers market are Dematic Corporation, Daifuku Co. Ltd., Vanderlande Industries Holding B.V., KNAPP AG, Mainetti, Mecalux S.A., TGW Logistics Group GmbH, Bastian Solutions Inc., Vecna Robotics Inc., Kardex AG, J.S. Hanger, Whitmor, SSI SCHAEFER Systems International Holding AG, Interroll Group, M&B Hangers, Conveyco Technologies Inc., Henry Hanger, Bend & Hook, Swisslog Holding AG, Noega Systems S.L., Westfalia Technologies Inc., Geek+ Robotics (Beijing) Co. Ltd., Bend & Hook

Customize Your Report - Get Tailored Market Insights!
https://www.thebusinessresearchcompany.com/sample.aspx?id=14256&type=smp

What Is Covered In The ASRS For Garments On Hangers Global Market Report?

• Market Size Forecast: Examine the asrs for garments on hangers market size across key regions, countries, product categories, and applications.
• Segmentation Insights: Identify and classify subsegments within the asrs for garments on hangers market for a structured understanding.
• Key Players Overview: Analyze major players in the asrs for garments on hangers market, including their market value, share, and competitive positioning.
• Growth Trends Exploration: Assess individual growth patterns and future opportunities in the asrs for garments on hangers market.
• Segment Contributions: Evaluate how different segments drive overall growth in the asrs for garments on hangers market.
• Growth Factors: Highlight key drivers and opportunities influencing the expansion of the asrs for garments on hangers market.
• Industry Challenges: Identify potential risks and obstacles affecting the asrs for garments on hangers market.
• Competitive Landscape: Review strategic developments in the asrs for garments on hangers market, including expansions, agreements, and new product launches.

Connect with us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company,
Twitter: https://twitter.com/tbrc_info,
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ.

Contact Us
Europe: +44 207 1930 708,
Asia: +91 88972 63534,
Americas: +1 315 623 0293 or
Email:info@tbrc.info

Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Key Influencer in the ASRS For Garments On Hangers Market 2025: E-Commerce Boom Fuels Growth In ASRS For Garments On Hangers Market Driver here

News-ID: 3904705 • Views:

More Releases from The Business Research Company

C-X-C Chemokine Receptor Type 2 Market on Track for Strong Growth, Estimated to Grow at 11.6% CAGR Through 2029
C-X-C Chemokine Receptor Type 2 Market on Track for Strong Growth, Estimated to …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts. What Is the Expected CAGR for the C-X-C Chemokine Receptor Type 2 Market Through 2025? There has been a significant expansion in the market for C-X-C chemokine receptor type 2 in the past few years. The market is projected to increase from $1.24 billion in 2024 to $1.38 billion
Top Market Shifts Transforming the Coenzyme Q10 Market Landscape: Key Insights
Top Market Shifts Transforming the Coenzyme Q10 Market Landscape: Key Insights
"Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts. What Is the Expected CAGR for the Coenzyme Q10 Market Through 2025? The market size of coenzyme Q10 has seen impressive expansion in the past years, with predictions stating an increase from $0.74 billion in 2024 up to $0.84 billion in 2025, implying a compound annual growth rate (CAGR)
2025-2034 Chimeric Antibody Market Evolution: Disruptions, Innovations, and Untapped Opportunities
2025-2034 Chimeric Antibody Market Evolution: Disruptions, Innovations, and Unta …
"Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts. What Is the Expected CAGR for the Chimeric Antibody Market Through 2025? In recent times, there has been a swift expansion in the chimeric antibody market size. We can expect an increase from $12.27 billion in 2024 to $13.74 billion in 2025, reflecting a compound annual growth rate (CAGR)
2025-2034 Chimeric Antibody Market Evolution: Disruptions, Innovations, and Untapped Opportunities
2025-2034 Chimeric Antibody Market Evolution: Disruptions, Innovations, and Unta …
"Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts. What Is the Expected CAGR for the Chimeric Antibody Market Through 2025? In recent times, there has been a swift expansion in the chimeric antibody market size. We can expect an increase from $12.27 billion in 2024 to $13.74 billion in 2025, reflecting a compound annual growth rate (CAGR)

All 5 Releases


More Releases for ASRS

Key Influencer in the ASRS For Garments On Hangers Market 2025: E-Commerce Boom …
"What Is the Forecasted Market Size and Growth Rate for the ASRS For Garments On Hangers Market? The ASRS for garments on hangers market has experienced strong growth in recent years. It is expected to expand from $1.9 billion in 2024 to $2.08 billion in 2025, at a compound annual growth rate (CAGR) of 9.5%. The historical growth can be attributed to the rise of retail and e-commerce, increasing environmental awareness,
Germany ASRS Market 2023 Driving Factors Forecast Research 2029
The German automated storage and retrieval system (ASRS) market is estimated to grow at a CAGR of over 10.0% during the forecast period. This Germany ASRS Market research report focuses more on a number of distinctive as well as foremost market sectors. It further focuses market segmentation. Industry-specific interviews are carried out with market players to foresee future business growth. Various facets of the industry are also depicted here under
US ASRS Market 2023 Driving Factors Forecast Research 2029
The US automated storage and retrieval system (ASRS) market is estimated to generate a significant market value in 2018 and is estimated to grow at a CAGR of 10.2% during the forecast period. US ASRS Market report provides us with a complete outlook on thorough assessment of thorough data about vital feature of the global industry related to market size, revenue, development and market sales. This study report captures regulatory
Indian ASRS Market 2023 Driving Factors Forecast Research 2029
The Indian automated storage and retrieval system (ASRS) market is estimated to grow at a CAGR of 12.7% during the forecast period. Indian ASRS Market report provides us with a complete outlook on thorough assessment of thorough data about vital feature of the global industry related to market size, revenue, development and market sales. This study report captures regulatory concerns and entry barriers that greatly affect the market growth. This
China ASRS Market to Witness Robust Expansion by 2029
China automated storage and retrieval system (ASRS) market is estimated to grow at a CAGR of 11.3% during the forecast period. The major factors that are driving the China ASRS market include the rising focus of the warehousing companies towards automation and the significant growth of e-commerce and retail industries in the country. China has rapidly positioned itself as a global leader in terms of automation. According to the International
US ASRS Market 2023 Driving Factors Forecast Research 2029
The US automated storage and retrieval system (ASRS) market is estimated to generate a significant market value in 2018 and is estimated to grow at a CAGR of 10.2% during the forecast period. The growth of the market is majorly driven by the increasing application of these systems in end-user industries such as retail, e-commerce, automobile, and healthcare industry among others. In addition, the well-established ICT infrastructure of the country