Press release
Waterless Cosmetics Market Overview 2024: Exploring Global Demand and Forecast
"Waterless Cosmetics
Market Size And Growth Forecast:
The warehouse execution system market size has grown rapidly in recent years. It will grow from $1.79 billion in 2023 to $2.02 billion in 2024 at a compound annual growth rate (CAGR) of 12.8%. The growth in the historic period can be attributed to pilot projects and success stories, industry-specific requirements, focus on real-time visibility, labor shortages and cost pressures, customer expectations..
The warehouse execution system market size is expected to see rapid growth in the next few years. It will grow to $3.42 billion in 2028 at a compound annual growth rate (CAGR) of 14.1%. The growth in the forecast period can be attributed to cross-industry adoption, data analytics, focus on sustainability, customer-centric fulfillment, demand for operational efficiency.. Major trends in the forecast period include automation and robotics integration, ai and machine learning implementation, multi-channel fulfillment, cloud-based solutions, dynamic slotting and inventory optimization..
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Market Segmentation:
The warehouse execution system market covered in this report is segmented -
1) By Component: Software, Service
2) By Deployment: On-Premises, Cloud
3) By End User: Consumer Electronics, Healthcare, Food And Beverages, Automotive, Third-Party Logistics (3PL), Other End Users
Major Driver - Pandemic-Driven E-Commerce Surge Fuels Growth In The Warehouse Execution System Market
The rising growth of the e-commerce sector owing to the pandemic propels the growth of the warehouse execution system market. E-commerce (electronic commerce) refers to the purchasing and selling of goods and services, along with the transmission of payments and data, over an electronic network, primarily on the internet. A warehouse execution system helps E-commerce by managing, optimizing, and directing the physical work processes such as picking, receiving, and replenishment in a warehouse or distribution center. For instance, according to the US Department of Commerce, the executive department of the U.S. federal government, concerned with economic growth and opportunity, in the first quarter of 2022, retail e-commerce sales increased by 2.4 % as compared to the first quarter of the previous year, 2021, which was valued at $250.0 billion. Therefore, the rising growth of the e-commerce sector owing to the pandemic is driving the warehouse execution system market growth.
Competitive Landscape:
Major companies operating in the warehouse execution system market report are Softeon, SSI SCHAEFER - Fritz Schaefer GmbH, Fortna Inc., Invata Intralogistics, Tompkins International Inc., Manhattan Associates Inc., Blue Yonder Group Inc., Körber AG, Oracle Corporation, SAP SE, Matthews Automation Solutions, Bastian Solutions LLC, Honeywell International Inc., Toyota Material Handling, VARGO Integrated Systems Inc., Westfalia Technologies Inc., Parametric Technology Corporation, Swisslog, Dematic, Mantis, Inther Group, Transportgeräte Wels Logistics Group, viastore SYSTEMS, Knapp AG, KION Group, Vanderlande Industries, Beumer Group GmbH & Co. KG, Interroll Holding AG, Daifuku Co. Ltd., Murata Machinery Ltd., GreyOrange
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Top Trend - Technological Progress Is Transforming The Landscape Of The Warehouse Execution System Market
Technological advancements are the key trends gaining popularity in the warehouse execution system market. Major companies operating in the warehouse execution systems sector are focused on developing new technologies to strengthen their position in the warehouse execution systems market. For instance, in May 2021, Matthews Automation Solutions, a US-based automation company, launched a new product called Nexus. Nexus is a warehouse execution system (WES) that is designed to connect various automated processes to manage them as a centralized, integrated material handling system. It offers full visibility of the entire system, a balanced workflow, and an easy-to-use interface. With real-time data visualization, the system provides easily readable screens and a landing dashboard with customizable widgets. Nexus is accessible on multiple devices, including PCs, tablets, and smartphones, and supports dark and light themes with colorblind support. The system also features robust security with Microsoft Identity single sign-on and role-based security.
The Table Of Content For The Market Report Include:
1. Executive Summary
2. Warehouse Execution System Market Characteristics
3. Warehouse Execution System Market Trends And Strategies
4. Warehouse Execution System Market - Macro Economic Scenario
5. Warehouse Execution System Market Size And Growth
…..
27. Warehouse Execution System Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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