Asia Pacific Warehouse Management System Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Component (Hardware, Software, and Services), Tier Type (Advance [Tier 1], Intermediate [Tier 2], and Basic [Tier 3]), and Industry (Manufacturing, Automotive, Food and Beverage, Electrical and Electronics, Healthcare, Retail and E-commerce, and Others)
The Asia Pacific warehouse management system market is expected to grow from US$ 6,526.94 million in 2023 to US$ 21,963.59 million by 2030; it is estimated to grow at a CAGR of 18.9% from 2023 to 2030.
Cloud-Based Operations Management and Automated WMS
Companies increasingly opt for software-as-a-service (SaaS) technology when implementing warehouse management software. This cloud-based model provides greater flexibility in organizing logistics operations, and users can access the app from any computer or terminal with internet access. Moreover, SaaS is an option with a lower initial investment, and businesses do not have to allocate resources to hardware or equipment maintenance. Installing automated warehouse management systems in logistics is another rising trend. There is a growing need for agility and accuracy in operations such as picking, storage, and dispatch, driving businesses to incorporate automated solutions that improve goods management. Furthermore, there is increasing automation in a storage facility due to the efficiency of solutions such as stacker crane, a handling equipment that deposits and removes goods automatically from their locations. As a result, growing number of cloud-based operations management across several verticals becoming major trends in the market.
Asia Pacific Warehouse Management System Market Overview
In recent times, many retailers across Asia Pacific have had to rethink their entire supply chains to keep up with the demand. Across India, Singapore, Hong Kong, Japan, and Australia, the logistics space has become increasingly hot property as retail and logistics firms secure the sites, they need to keep up with growing delivery volumes and ensure their networks can best serve a diverse customer base. For instance, according to The Economics Times, India is expected to add 30 million square feet of space for building new warehouses, which is approximately one-third of the space expected to get added for APAC (86 million square feet). This demand for extra space for warehousing can be attributed to the growing manufacturing sector and e-commerce activities. Furthermore, e-commerce growth is on the cards across the region. For instance, according to China Daily, online retail sales in China rose by 4% to US$ 2 trillion (CNY 13.8 trillion) in 2022 compared to 2021. E-commerce represents a significant share of total retail sales across Asia Pacific. According to International Trade Administration, the strong e-commerce market in China contributes to the growth of B2C and B2B purchasing activities of other countries such as Indonesia, Vietnam, the Philippines, and other South Asian countries. Thus, the growing e-commerce activities and sales will fuel the growth of the warehouse management system market.
Asia Pacific Warehouse Management System Market Revenue and Forecast to 2030 (US$ Million)
Asia Pacific Warehouse Management System Market Segmentation
The Asia Pacific warehouse management system market is segmented based on component, tier type, industry, and country. Based on component, the Asia Pacific warehouse management system market is segmented into hardware, software, and services. The hardware segment held the largest market share in 2023.
Based on tier type, the Asia Pacific warehouse management system market is segmented into advance [Tier 1], intermediate [Tier 2], and basic [Tier 3]. The intermediate [Tier 2] segment held the largest market share in 2023.
Based on country, the Asia Pacific warehouse management system market is segmented into China, Australia, India, Japan, South Korea, and the Rest of Asia Pacific. China dominated the Asia Pacific warehouse management system market share in 2023.
International Business Machines Corp; SAP SE; Epicor Software Corp; Softeon Inc.; Oracle Corp; Panasonic Holdings Corp; Infor Inc; Manhattan Associates Inc; and PTC Inc are the leading companies operating in the Asia Pacific warehouse management system market.
1. Introduction
1.1 Study Scope
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
2. Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Asia Pacific Warehouse Management System Market Landscape
4.1 Market Overview
4.2 PEST Analysis
4.2.1 Asia Pacific
4.3 Ecosystem Analysis
4.4 Expert Opinions
5. Asia Pacific Warehouse Management System Market – Key Market Dynamics
5.1 Market Drivers
5.1.1 Immigration to Cloud-Based WMS
5.1.2 E-Commerce Industry Development
5.1.3 Asia Pacific Supply Chain Networks
5.2 Market Restraints
5.2.1 High Initial Investment Rate and Shortage of Awareness About WMS
5.3 Market Opportunities
5.3.1 Intensifying Adoption of Advanced Technologies Resulting in Smarter Warehouses
5.4 Future Trends
5.4.1 Improvement of Regional Warehouses for Rapid Delivery Facilities Resulted from E-commerce Growth
5.4.2 Cloud-Based Operations Management and Automated WMS
5.4.3 Consumption of Warehouse Management Systems in Omnichannel Logistics
5.5 Impact Analysis of Drivers and Restraints
6. Warehouse Management System Market – Asia Pacific Market Analysis
6.1 Asia Pacific Warehouse Management System Market Overview
6.2 Asia Pacific Warehouse Management System Market Revenue Forecast and Analysis
7. Asia Pacific Warehouse Management System Market Analysis – By Component
7.1 Overview
7.2 Warehouse Management System Market, By Component (2022 and 2030)
7.3 Hardware
7.3.1 Overview
7.3.2 Hardware: Warehouse Management System Market – Revenue, and Forecast to 2028 (US$ Million)
7.3.2.1 Robots
7.3.2.1.1 Overview
7.3.2.1.2 Robots: Warehouse Management System Market – Revenue, and Forecast to 2028 (US$ Million)
7.3.2.2 Automated Storage and Retrieval System
7.3.2.2.1 Overview
7.3.2.2.2 Automated Storage and Retrieval System: Warehouse Management System Market – Revenue, and Forecast to 2028 (US$ Million)
7.3.2.3 Conveyor and Sorting System
7.3.2.3.1 Overview
7.3.2.3.2 Conveyor and Sorting System: Warehouse Management System Market – Revenue, and Forecast to 2028 (US$ Million)
7.3.2.4 Automated Guided Vehicle
7.3.2.4.1 Overview
7.3.2.4.2 Automated Guided Vehicle: Warehouse Management System Market – Revenue, and Forecast to 2028 (US$ Million)
7.3.2.5 Others
7.3.2.5.1 Overview
7.3.2.5.2 Others: Warehouse Management System Market – Revenue, and Forecast to 2028 (US$ Million)
7.4 Software
7.4.1 Overview
7.4.2 Software: Warehouse Management System Market – Revenue, and Forecast to 2028 (US$ Million)
7.4.2.1 On-premise
7.4.2.1.1 Overview
7.4.2.1.2 On-premise: Warehouse Management System Market – Revenue, and Forecast to 2028 (US$ Million)
7.4.2.2 Cloud
7.4.2.2.1 Overview
7.4.2.2.2 Cloud: Warehouse Management System Market – Revenue, and Forecast to 2028 (US$ Million)
7.5 Services
7.5.1 Overview
7.5.2 Services: Warehouse Management System Market – Revenue, and Forecast to 2028 (US$ Million)
8. Asia Pacific Warehouse Management System Market Analysis – By Tier Type
8.1 Overview
8.2 Warehouse Management System Market, By Tier Type (2022 and 2030)
8.3 Advance (Tier 1)
8.3.1 Overview
8.3.2 Tier 1: Warehouse Management System Market- Revenue and Forecast to 2030 (US$ Million)
8.4 Intermediate (Tier 2)
8.4.1 Overview
8.4.2 Tier 2: Warehouse Management System Market- Revenue and Forecast to 2030 (US$ Million)
8.5 Basic (Tier 3)
8.5.1 Overview
8.5.2 Tier 3: Warehouse Management System Market- Revenue and Forecast to 2030 (US$ Million)
9. Asia Pacific Warehouse Management System Market Analysis – By Industry
9.1 Overview
9.2 Warehouse Management System Market Breakdown, By Industry, (2022 and 2030)
9.3 Manufacturing
9.3.1 Overview
9.3.2 Manufacturing Market Revenue and Forecast to 2030 (US$ Million)
9.4 Automotive
9.4.1 Overview
9.4.2 Automotive Market Revenue and Forecast to 2030 (US$ Million)
9.5 Food and Beverages
9.5.1 Overview
9.5.2 Food and Beverages Market Revenue and Forecast to 2030 (US$ Million)
9.6 Electrical and Electronics
9.6.1 Overview
9.6.2 Electrical and Electronics Market Revenue and Forecast to 2030 (US$ Million)
9.7 Healthcare
9.7.1 Overview
9.7.2 Healthcare Market Revenue and Forecast to 2030 (US$ Million)
9.8 Retail and E-commerce
9.8.1 Overview
9.8.2 Retail and E-commerce Market Revenue and Forecast to 2030 (US$ Million)
9.9 Others
9.9.1 Overview
9.9.2 Others Market Revenue and Forecast to 2030 (US$ Million)
10. Asia Pacific Warehouse Management System Market – by Country Analysis
10.1 Asia Pacific: Warehouse Management System Market
10.1.1 Asia Pacific: Warehouse Management System Market, by Key Country
10.1.1.1 Australia: Warehouse Management System Market – Revenue and Forecast to 2030 (US$ Million)
10.1.1.1.1 Australia: Warehouse Management System Market, by Component
10.1.1.1.1.1 Australia: Warehouse Management System Market, By Hardware
10.1.1.1.1.2 Australia: Warehouse Management System Market, By Software
10.1.1.1.2 Australia: Warehouse Management System Market, by Tier Type
10.1.1.1.3 Australia: Warehouse Management System Market, by Industry
10.1.1.2 China: Warehouse Management System Market – Revenue and Forecast to 2030 (US$ Million)
10.1.1.2.1 China: Warehouse Management System Market, By Component
10.1.1.2.1.1 China: Warehouse Management System Market, By Hardware
10.1.1.2.1.2 China: Warehouse Management System Market, By Software
10.1.1.2.2 China: Warehouse Management System Market, by Tier Type
10.1.1.2.3 China: Warehouse Management System Market, by Industry
10.1.1.3 India: Warehouse Management System Market – Revenue and Forecast to 2030 (US$ Million)
10.1.1.3.1 India: Warehouse Management System Market, By Component
10.1.1.3.1.1 India: Warehouse Management System Market, By Hardware
10.1.1.3.1.2 India: Warehouse Management System Market, By Software
10.1.1.3.2 India: Warehouse Management System Market, by Tier Type
10.1.1.3.3 India: Warehouse Management System Market, by Industry
10.1.1.4 Japan: Warehouse Management System Market – Revenue and Forecast to 2030 (US$ Million)
10.1.1.4.1 Japan: Warehouse Management System Market, By Component
10.1.1.4.1.1 Japan: Warehouse Management System Market, By Hardware
10.1.1.4.1.2 Japan: Warehouse Management System Market, By Software
10.1.1.4.2 Japan: Warehouse Management System Market, by Tier Type
10.1.1.4.3 Japan: Warehouse Management System Market, by Industry
10.1.1.5 South Korea: Warehouse Management System Market – Revenue and Forecast to 2030 (US$ Million)
10.1.1.5.1 South Korea: Warehouse Management System Market, By Component
10.1.1.5.1.1 South Korea: Warehouse Management System Market, By Hardware
10.1.1.5.1.2 South Korea: Warehouse Management System Market, By Software
10.1.1.5.2 South Korea: Warehouse Management System Market, by Tier Type
10.1.1.5.3 South Korea: Warehouse Management System Market, by Industry
10.1.1.6 Rest of APAC: Warehouse Management System Market – Revenue and Forecast to 2030 (US$ Million)
10.1.1.6.1 Rest of APAC: Warehouse Management System Market, By Component
10.1.1.6.1.1 Rest of APAC: Warehouse Management System Market, By Hardware
10.1.1.6.1.2 Rest of APAC: Warehouse Management System Market, By Software
10.1.1.6.2 Rest of APAC: Warehouse Management System Market, by Tier Type
10.1.1.6.3 Rest of APAC: Warehouse Management System Market, by Industry
11. Industry Landscape
11.1 Overview
11.2 Market Initiative
11.3 Product Development
11.4 Mergers & Acquisitions
12. Company Profiles
12.1 International Business Machines Corp
12.1.1 Key Facts
12.1.2 Business Description
12.1.3 Products and Services
12.1.4 Financial Overview
12.1.5 SWOT Analysis
12.1.6 Key Developments
12.2 SAP SE
12.2.1 Key Facts
12.2.2 Business Description
12.2.3 Products and Services
12.2.4 Financial Overview
12.2.5 SWOT Analysis
12.2.6 Key Developments
12.3 Epicor Software Corp
12.3.1 Key Facts
12.3.2 Business Description
12.3.3 Products and Services
12.3.4 Financial Overview
12.3.5 SWOT Analysis
12.3.6 Key Developments
12.4 Softeon Inc
12.4.1 Key Facts
12.4.2 Business Description
12.4.3 Products and Services
12.4.4 Financial Overview
12.4.5 SWOT Analysis
12.4.6 Key Developments
12.5 Oracle Corp
12.5.1 Key Facts
12.5.2 Business Description
12.5.3 Products and Services
12.5.4 Financial Overview
12.5.5 SWOT Analysis
12.5.6 Key Developments
12.6 Panasonic Holdings Corp
12.6.1 Key Facts
12.6.2 Business Description
12.6.3 Products and Services
12.6.4 Financial Overview
12.6.5 SWOT Analysis
12.6.6 Key Developments
12.7 Infor Inc
12.7.1 Key Facts
12.7.2 Business Description
12.7.3 Products and Services
12.7.4 Financial Overview
12.7.5 SWOT Analysis
12.7.6 Key Developments
12.8 Manhattan Associates Inc
12.8.1 Key Facts
12.8.2 Business Description
12.8.3 Products and Services
12.8.4 Financial Overview
12.8.5 SWOT Analysis
12.8.6 Key Developments
12.9 PTC Inc
12.9.1 Key Facts
12.9.2 Business Description
12.9.3 Products and Services
12.9.4 Financial Overview
12.9.5 SWOT Analysis
12.9.6 Key Developments
13. Appendix
13.1 About The Insight Partners
13.2 Word Index
LIST OF TABLES
Table 1. Asia Pacific Warehouse Management System Market Revenue and Forecast to 2030 (US$ Million)
Table 2. Australia: Warehouse Management System Market, By Component – Revenue and Forecast to 2030 (US$ Million)
Table 3. Australia: Warehouse Management System Market, By Hardware – Revenue and Forecast to 2030 (US$ Million)
Table 4. Australia: Warehouse Management System Market, By Software – Revenue and Forecast to 2030 (US$ Million)
Table 5. Australia: Warehouse Management System Market, by Tier Type – Revenue and Forecast to 2030 (US$ Million)
Table 6. Australia: Warehouse Management System Market, by Industry – Revenue and Forecast to 2030 (US$ Million)
Table 7. China: Warehouse Management System Market, By Component – Revenue and Forecast to 2030 (US$ Million)
Table 8. China: Warehouse Management System Market, By Hardware – Revenue and Forecast to 2030 (US$ Million)
Table 9. China: Warehouse Management System Market, By Software– Revenue and Forecast to 2030 (US$ Million)
Table 10. China: Warehouse Management System Market, by Tier Type – Revenue and Forecast to 2030 (US$ Million)
Table 11. China: Warehouse Management System Market, by Industry – Revenue and Forecast to 2030 (US$ Million)
Table 12. India: Warehouse Management System Market, By Component – Revenue and Forecast to 2030 (US$ Million)
Table 13. India: Warehouse Management System Market, By Hardware – Revenue and Forecast to 2030 (US$ Million)
Table 14. India: Warehouse Management System Market, By Software– Revenue and Forecast to 2030 (US$ Million)
Table 15. India: Warehouse Management System Market, by Tier Type – Revenue and Forecast to 2030 (US$ Million)
Table 16. India: Warehouse Management System Market, by Industry – Revenue and Forecast to 2030 (US$ Million)
Table 17. Japan: Warehouse Management System Market, By Component – Revenue and Forecast to 2030 (US$ Million)
Table 18. Japan: Warehouse Management System Market, By Hardware – Revenue and Forecast to 2030 (US$ Million)
Table 19. Japan: Warehouse Management System Market, By Software – Revenue and Forecast to 2030 (US$ Million)
Table 20. Japan: Warehouse Management System Market, by Tier Type – Revenue and Forecast to 2030 (US$ Million)
Table 21. Japan: Warehouse Management System Market, by Industry – Revenue and Forecast to 2030 (US$ Million)
Table 22. South Korea: Warehouse Management System Market, By Component – Revenue and Forecast to 2030 (US$ Million)
Table 23. South Korea: Warehouse Management System Market, By Hardware – Revenue and Forecast to 2030 (US$ Million)
Table 24. South Korea: Warehouse Management System Market, By Software – Revenue and Forecast to 2030 (US$ Million)
Table 25. South Korea: Warehouse Management System Market, by Tier Type – Revenue and Forecast to 2030 (US$ Million)
Table 26. South Korea: Warehouse Management System Market, by Industry – Revenue and Forecast to 2030 (US$ Million)
Table 27. Rest of APAC: Warehouse Management System Market, By Component – Revenue and Forecast to 2030 (US$ Million)
Table 28. Rest of APAC: Warehouse Management System Market, By Hardware – Revenue and Forecast to 2030 (US$ Million)
Table 29. Rest of APAC: Warehouse Management System Market, By Software – Revenue and Forecast to 2030 (US$ Million)
Table 30. Rest of APAC: Warehouse Management System Market, by Tier Type – Revenue and Forecast to 2030 (US$ Million)
Table 31. Rest of APAC: Warehouse Management System Market, by Industry – Revenue and Forecast to 2030 (US$ Million)
Table 32. List of Abbreviation
LIST OF FIGURES
Figure 1. Asia Pacific Warehouse Management System Market Segmentation
Figure 2. Asia Pacific Warehouse Management System Market Segmentation – By Country
Figure 3. Asia Pacific Warehouse Management System Market Overview
Figure 4. Asia Pacific Warehouse Management System Market, by Component
Figure 5. Asia Pacific Warehouse Management System Market, by Industry
Figure 6. Asia Pacific Warehouse Management System Market, by Country
Figure 7. Asia Pacific – PEST Analysis
Figure 8. Asia Pacific Warehouse Management System Market – Ecosystem Analysis
Figure 9. Asia Pacific Expert Opinions
Figure 10. Asia Pacific Warehouse Management System Market: Impact Analysis of Drivers and Restraints
Figure 11. Asia Pacific Warehouse Management System Market Revenue Forecast and Analysis (US$ Million)
Figure 12. Asia Pacific Warehouse Management System Market Revenue Share, By Component (2022 and 2030)
Figure 13. Hardware: Asia Pacific Warehouse Management System Market – Revenue, and Forecast to 2028 (US$ Million)
Figure 14. Robots: Asia Pacific Warehouse Management System Market – Revenue, and Forecast to 2028 (US$ Million)
Figure 15. Automated Storage and Retrieval System: Asia Pacific Warehouse Management System Market – Revenue, and Forecast to 2028 (US$ Million)
Figure 16. Conveyor and Sorting System: Asia Pacific Warehouse Management System Market – Revenue, and Forecast to 2028 (US$ Million)
Figure 17. Automated Guided Vehicle: Asia Pacific Warehouse Management System Market – Revenue, and Forecast to 2028 (US$ Million)
Figure 18. Others: Asia Pacific Warehouse Management System Market – Revenue, and Forecast to 2028 (US$ Million)
Figure 19. Software: Asia Pacific Warehouse Management System Market – Revenue, and Forecast to 2028 (US$ Million)
Figure 20. On-premise: Asia Pacific Warehouse Management System Market – Revenue, and Forecast to 2028 (US$ Million)
Figure 21. Cloud: Asia Pacific Warehouse Management System Market – Revenue, and Forecast to 2028 (US$ Million)
Figure 22. Services: Asia Pacific Warehouse Management System Market – Revenue, and Forecast to 2028 (US$ Million)
Figure 23. Asia Pacific Warehouse Management System Market Revenue Share, By Tier Type (2022 and 2030)
Figure 24. Tier 1: Asia Pacific Warehouse Management System Market- Revenue and Forecast to 2030 (US$ Million)
Figure 25. Tier 2: Asia Pacific Warehouse Management System Market- Revenue and Forecast to 2030 (US$ Million)
Figure 26. Tier 3: Asia Pacific Warehouse Management System Market- Revenue and Forecast to 2030 (US$ Million)
Figure 27. Asia Pacific Warehouse Management System Market Revenue Share, By Industry (2022 and 2030)
Figure 28. Manufacturing: Asia Pacific Warehouse Management System Market- Revenue and Forecast to 2030 (US$ Million)
Figure 29. Automotive: Asia Pacific Warehouse Management System Market- Revenue and Forecast to 2030 (US$ Million)
Figure 30. Food and Beverages: Asia Pacific Warehouse Management System Market- Revenue and Forecast to 2030 (US$ Million)
Figure 31. Electrical and Electronics: Asia Pacific Warehouse Management System Market- Revenue and Forecast to 2030 (US$ Million)
Figure 32. Healthcare: Asia Pacific Warehouse Management System Market- Revenue and Forecast to 2030 (US$ Million)
Figure 33. Retail and E-commerce: Asia Pacific Warehouse Management System Market- Revenue and Forecast to 2030 (US$ Million)
Figure 34. Others: Asia Pacific Warehouse Management System Market- Revenue and Forecast to 2030 (US$ Million)
Figure 35. Asia Pacific: Warehouse Management System Market, by Key Country – Revenue (2022) (US$ Million)
Figure 36. Asia Pacific: Warehouse Management System Market Revenue Share, by Key Country (2022 and 2030)
Figure 37. Australia: Warehouse Management System Market – Revenue and Forecast to 2030 (US$ Million)
Figure 38. China: Warehouse Management System Market – Revenue and Forecast to 2030 (US$ Million)
Figure 39. India: Warehouse Management System Market – Revenue and Forecast to 2030 (US$ Million)
Figure 40. Japan: Warehouse Management System Market – Revenue and Forecast to 2030 (US$ Million)
Figure 41. South Korea: Warehouse Management System Market – Revenue and Forecast to 2030 (US$ Million)
Figure 42. Rest of APAC: Warehouse Management System Market – Revenue and Forecast to 2030 (US$ Million)
- International Business Machines Corp
- SAP SE
- Epicor Software Corp
- Softeon Inc.
- Oracle Corp
- Panasonic Holdings Corp
- Infor Inc
- Manhattan Associates Inc
- PTC Inc
- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the Asia Pacific warehouse management system market.
- Highlights key business priorities in order to assist companies to realign their business strategies
- The key findings and recommendations highlight crucial progressive industry trends in the Asia Pacific warehouse management system market, thereby allowing players across the value chain to develop effective long-term strategies
- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
- Scrutinize in-depth Asia Pacific market trends and outlook coupled with the factors driving the Asia Pacific warehouse management system market, as well as those hindering it
- Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing, and distribution