Pre-order Enquiry
Request Free Sample
Healthcare
Aerospace & Defence
Agriculture
Automations
Chemicals & Advanced Materials
Food & Beverages
Information & Communication Technology
Oil & Gas
Power & Energy
According to the latest research, the global Micro Fulfillment market size was valued at USD 6.17 million in 2022 and is expected to expand at a CAGR of 303.15% during the forecast period, reaching USD 26491.6 million by 2028.
Influence of COVID-19 Outbreak on Micro Fulfillment Market for Grocery and General Merchandise Industry Development
Initially, the spread of COVID-19 has had a dramatic impact on global consumption patterns. One is the trend of an increase in demand for omnichannel groceries, which include door-to-door delivery, curbside pickup, and buy online purchase in-store pickup (BOPIS). Retailers cannot keep up with unprecedented levels of online ordering, and consumers have been chasing advertising spaces that are not normally available. As consumers cope with social distancing, self-quarantine, and lifestyle changes, the pandemic has greatly increased online grocery sales. For example, in the US, due to the epidemic, the penetration rate of households using e-commerce grocery services has accelerated dramatically within a year.
Under this circumstance, a large number of physical grocery stores and general merchandise have to quickly find new strategies to adapt to the strong growth of online ordering. Consumers increasingly need same-day delivery, rather than endure the 2-3 day delivery deadlines in online shopping, micro fulfillment centers (MFC) may be the best answer to make grocery store e-commerce profitable. Retailers such as Walmart, Amazon, Kroger, Woolworths, Amazon, Ocado, Carrefour, Uniqlo, Meijer, HEB, Albertsons, Majid Al Futtaim, and Ahold Delhaize have already adopted and implemented these new technologies during the COVID-19.
Additionally, under the influence of this epidemic, shortage of labor in the supply chain, rising labor costs, and rising demand for contactless delivery have exposed labor inefficiencies that are becoming more and more serious. Artificial intelligence-driven robots in warehouses that can intelligently pick and pack orders can greatly reduce the risk of virus infection.
Of course, those habits and sudden increases in demand are undoubtedly temporary and will change as COVID-19 subsides. However, as this form of superior performance continues to highlight, for example, faster delivery, low labor costs, less construction and installation time, low capital expenditures, and low total cost of ownership, and other factors will prompt retailers and individual consumers may increasingly rely on new forms of delivery after the COVID-19.
Strength
Demand is poised to skyrocket as retailers seek to defend market share within the changing market landscape
Convenience and quick delivery windows has become popular
Micro Fulfillment can achieve contactless delivery
Weakness
The supply chain of the industry is not very agile
Due to higher demand for technology, it is difficult to popularize in developing regions
Opportunities
Online grocery will contribute more to overall grocery sale
New demand for efficient, accurate and rapid order fulfillment solutions
The Internet of Things (IoT) is evolving rapidly
The epidemic rapidly drives demand for daily necessities in the short term
Threat
Its supply chain is vulnerable to all kinds of risks. From cyber-attacks to the threat of counterfeit products, to the potential for trade wars and port strikes.
Region Overview:
North America had the highest growth rate of all regions.
Company Overview:
Takeoff Technologies ,Autostore ,Ocado ,Attabotics and Fabric are the five key players in the global Micro Fulfillment market. These companies have shown consistent growth in revenue, larger volumes of sales and a prominent presence in terms of share in the global Micro Fulfillment market in the past 5 years.
Takeoff is an eGrocery solution that empowers retailers to attain profitable online growth by leveraging automation at a hyperlocal scale. The Company is based in Massachusetts.
Fabric was founded in Tel Aviv in 2015 and is now headquartered in New York. Its Series B will be used for its U.S. expansion, where it currently has 14 sites under contract, including three micro-fulfillment centers that are currently being built in New York City.
Segmentation Overview:
Among different product types, Shuttle Based segment is anticipated to contribute the largest market share in 2027.
Application Overview:
By application, the Between 5000 Sq. Ft. and 25000 Sq. Ft. segment occupied the biggest share from 2017 to 2022.
This report elaborates on the market size, market characteristics, and market growth of the Micro Fulfillment industry between the year 2018 to 2028, and breaks down according to the product type, downstream application, and consumption area of Micro Fulfillment. The report also introduces players in the industry from the perspective of the value chain and looks into the leading companies.
Key Points this Global Micro Fulfillment Market Report Include:
Market Size Estimates: Micro Fulfillment market size estimation in terms of revenue and sales from 2018-2028
Market Dynamic and Trends: Micro Fulfillment market drivers, restraints, opportunities, and challenges
Macro-economy and Regional Conflict: Influence of global inflation and Russia & Ukraine War on the Micro Fulfillment market
Segment Market Analysis: Micro Fulfillment market revenue and sales by type and by application from 2018-2028
Regional Market Analysis: Micro Fulfillment market situations and prospects in major and top regions and countries
Micro Fulfillment Market
Micro Fulfillment Industry Chain: Micro Fulfillment market raw materials & suppliers, manufacturing process, distributors by region, downstream customers
Micro Fulfillment Industry News, Policies by regions
Micro Fulfillment Industry Porters Five Forces Analysis
Key players in the global Micro Fulfillment market are covered in Chapter 2:
Addverb Technologies
Swisslog
TGW
Attabotics
Takeoff Technologies
Vanderlande
Dematic
Exotec Solutions
Autostore
Alert Innovation
Fabric
Opex Corporation
Ocado
Honeywell Intelligrated
In Chapter 6 and Chapter 9, on the basis of types, the Micro Fulfillment market from 2018 to 2028 is primarily split into:
AutoStore
Shuttle Based
In Chapter 7 and Chapter 10, on the basis of applications, the Micro Fulfillment market from 2018 to 2028 covers:
Less than 5000 Sq. Ft.
Between 5000 Sq. Ft. and 25000 Sq. Ft.
More than 25000 Sq. Ft.
Geographically, the detailed analysis of consumption, revenue, market share and growth rate of the following regions from 2018 to 2028 are covered in Chapter 8 and Chapter 11:
United States
Europe
China
Japan
India
Southeast Asia
Latin America
Middle East and Africa
Others
In summary, this report relies on sources from both primary and secondary, combines comprehensive quantitative analysis with detailed qualitative analysis, and pictures the market from a macro overview to micro granular segment aspects. Whatever your role in this industry value chain is, you should benefit from this report with no doubt.
Chapter Outline
This report consists of 12 chapters. Below is a brief guideline to help you quickly grasp the main contents of each chapter:
Chapter 1 first introduces the product overview, market scope, product classification, application, and regional division, and then summarizes the global Micro Fulfillment market size in terms of revenue, sales volume, and average price.
Chapter 2 analyzes the main companies in the Micro Fulfillment industry, including their main businesses, products/services, sales, prices, revenue, gross profit margin, and the latest developments/updates.
Chapter 3 is an analysis of the competitive environment of Micro Fulfillment market participants. This mainly includes the revenue, sales, market share, and average price of the top players, along with the market concentration ratio in 2022 and the players' M&A and expansion in recent years.
Chapter 4 is an analysis of the Micro Fulfillment industrial chain, including raw material analysis, manufacturing cost structure, distributors, and major downstream buyers.
Chapter 5 focuses on Micro Fulfillment market dynamics and marketing strategy analysis, which include opportunities, challenges, industry development trends under inflation, industry news and policies analyzed by region, Porter's Five Forces analysis, as well as direct and indirect marketing, and the development trends of marketing channels.
Chapters 6-8 have segmented the Micro Fulfillment market by type, application, and region, with a focus on sales and value from 2018 to 2023 from both vertical and horizontal perspectives.
Chapters 9-11 provide detailed Micro Fulfillment market forecast data for 2023-2028, broken down by type and application, region, and major countries to help understand future growth trends.
Chapter 12 concludes with an explanation of the data sources and research methods. Verify and analyze through preliminary research to obtain final quantitative and qualitative data.
2022
Influence of COVID-19 Outbreak on Micro Fulfillment Market for Grocery and General Merchandise Industry Development
Initially, the spread of COVID-19 has had a dramatic impact on global consumption patterns. One is the trend of an increase in demand for omnichannel groceries, which include door-to-door delivery, curbside pickup, and buy online purchase in-store pickup (BOPIS). Retailers cannot keep up with unprecedented levels of online ordering, and consumers have been chasing advertising spaces that are not normally available. As consumers cope with social distancing, self-quarantine, and lifestyle changes, the pandemic has greatly increased online grocery sales. For example, in the US, due to the epidemic, the penetration rate of households using e-commerce grocery services has accelerated dramatically within a year.
Under this circumstance, a large number of physical grocery stores and general merchandise have to quickly find new strategies to adapt to the strong growth of online ordering. Consumers increasingly need same-day delivery, rather than endure the 2-3 day delivery deadlines in online shopping, micro fulfillment centers (MFC) may be the best answer to make grocery store e-commerce profitable. Retailers such as Walmart, Amazon, Kroger, Woolworths, Amazon, Ocado, Carrefour, Uniqlo, Meijer, HEB, Albertsons, Majid Al Futtaim, and Ahold Delhaize have already adopted and implemented these new technologies during the COVID-19.
Additionally, under the influence of this epidemic, shortage of labor in the supply chain, rising labor costs, and rising demand for contactless delivery have exposed labor inefficiencies that are becoming more and more serious. Artificial intelligence-driven robots in warehouses that can intelligently pick and pack orders can greatly reduce the risk of virus infection.
Of course, those habits and sudden increases in demand are undoubtedly temporary and will change as COVID-19 subsides. However, as this form of superior performance continues to highlight, for example, faster delivery, low labor costs, less construction and installation time, low capital expenditures, and low total cost of ownership, and other factors will prompt retailers and individual consumers may increasingly rely on new forms of delivery after the COVID-19.
Strength
Demand is poised to skyrocket as retailers seek to defend market share within the changing market landscape
Convenience and quick delivery windows has become popular
Micro Fulfillment can achieve contactless delivery
Weakness
The supply chain of the industry is not very agile
Due to higher demand for technology, it is difficult to popularize in developing regions
Opportunities
Online grocery will contribute more to overall grocery sale
New demand for efficient, accurate and rapid order fulfillment solutions
The Internet of Things (IoT) is evolving rapidly
The epidemic rapidly drives demand for daily necessities in the short term
Threat
Its supply chain is vulnerable to all kinds of risks. From cyber-attacks to the threat of counterfeit products, to the potential for trade wars and port strikes.
Region Overview:
North America had the highest growth rate of all regions.
Company Overview:
Takeoff Technologies ,Autostore ,Ocado ,Attabotics and Fabric are the five key players in the global Micro Fulfillment market. These companies have shown consistent growth in revenue, larger volumes of sales and a prominent presence in terms of share in the global Micro Fulfillment market in the past 5 years.
Takeoff is an eGrocery solution that empowers retailers to attain profitable online growth by leveraging automation at a hyperlocal scale. The Company is based in Massachusetts.
Fabric was founded in Tel Aviv in 2015 and is now headquartered in New York. Its Series B will be used for its U.S. expansion, where it currently has 14 sites under contract, including three micro-fulfillment centers that are currently being built in New York City.
Segmentation Overview:
Among different product types, Shuttle Based segment is anticipated to contribute the largest market share in 2027.
Application Overview:
By application, the Between 5000 Sq. Ft. and 25000 Sq. Ft. segment occupied the biggest share from 2017 to 2022.
This report elaborates on the market size, market characteristics, and market growth of the Micro Fulfillment industry between the year 2018 to 2028, and breaks down according to the product type, downstream application, and consumption area of Micro Fulfillment. The report also introduces players in the industry from the perspective of the value chain and looks into the leading companies.
Key Points this Global Micro Fulfillment Market Report Include:
Market Size Estimates: Micro Fulfillment market size estimation in terms of revenue and sales from 2018-2028
Market Dynamic and Trends: Micro Fulfillment market drivers, restraints, opportunities, and challenges
Macro-economy and Regional Conflict: Influence of global inflation and Russia & Ukraine War on the Micro Fulfillment market
Segment Market Analysis: Micro Fulfillment market revenue and sales by type and by application from 2018-2028
Regional Market Analysis: Micro Fulfillment market situations and prospects in major and top regions and countries
Micro Fulfillment Market
Competitive Landscape
and Major Players: Analysis of 10-15 leading market players, sales, price, revenue, gross, gross margin, product/service profile and recent development/updates, etc.Micro Fulfillment Industry Chain: Micro Fulfillment market raw materials & suppliers, manufacturing process, distributors by region, downstream customers
Micro Fulfillment Industry News, Policies by regions
Micro Fulfillment Industry Porters Five Forces Analysis
Key players in the global Micro Fulfillment market are covered in Chapter 2:
Addverb Technologies
Swisslog
TGW
Attabotics
Takeoff Technologies
Vanderlande
Dematic
Exotec Solutions
Autostore
Alert Innovation
Fabric
Opex Corporation
Ocado
Honeywell Intelligrated
In Chapter 6 and Chapter 9, on the basis of types, the Micro Fulfillment market from 2018 to 2028 is primarily split into:
AutoStore
Shuttle Based
In Chapter 7 and Chapter 10, on the basis of applications, the Micro Fulfillment market from 2018 to 2028 covers:
Less than 5000 Sq. Ft.
Between 5000 Sq. Ft. and 25000 Sq. Ft.
More than 25000 Sq. Ft.
Geographically, the detailed analysis of consumption, revenue, market share and growth rate of the following regions from 2018 to 2028 are covered in Chapter 8 and Chapter 11:
United States
Europe
China
Japan
India
Southeast Asia
Latin America
Middle East and Africa
Others
In summary, this report relies on sources from both primary and secondary, combines comprehensive quantitative analysis with detailed qualitative analysis, and pictures the market from a macro overview to micro granular segment aspects. Whatever your role in this industry value chain is, you should benefit from this report with no doubt.
Chapter Outline
This report consists of 12 chapters. Below is a brief guideline to help you quickly grasp the main contents of each chapter:
Chapter 1 first introduces the product overview, market scope, product classification, application, and regional division, and then summarizes the global Micro Fulfillment market size in terms of revenue, sales volume, and average price.
Chapter 2 analyzes the main companies in the Micro Fulfillment industry, including their main businesses, products/services, sales, prices, revenue, gross profit margin, and the latest developments/updates.
Chapter 3 is an analysis of the competitive environment of Micro Fulfillment market participants. This mainly includes the revenue, sales, market share, and average price of the top players, along with the market concentration ratio in 2022 and the players' M&A and expansion in recent years.
Chapter 4 is an analysis of the Micro Fulfillment industrial chain, including raw material analysis, manufacturing cost structure, distributors, and major downstream buyers.
Chapter 5 focuses on Micro Fulfillment market dynamics and marketing strategy analysis, which include opportunities, challenges, industry development trends under inflation, industry news and policies analyzed by region, Porter's Five Forces analysis, as well as direct and indirect marketing, and the development trends of marketing channels.
Chapters 6-8 have segmented the Micro Fulfillment market by type, application, and region, with a focus on sales and value from 2018 to 2023 from both vertical and horizontal perspectives.
Chapters 9-11 provide detailed Micro Fulfillment market forecast data for 2023-2028, broken down by type and application, region, and major countries to help understand future growth trends.
Chapter 12 concludes with an explanation of the data sources and research methods. Verify and analyze through preliminary research to obtain final quantitative and qualitative data.
Years considered for this report:
Historical Years:
2018-2022Base Year:
2022Estimated Year:
2023Forecast Period:
2023-2028Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
- By product type
- By End User/Applications
- By Technology
- By Region
The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
