Warehouse Order Picking Market Size Worth
$11.16 Billion By 2025
The global warehouse order picking market size is projected to reach USD 11.16 billion by 2025 and expected to grow
with CAGR of 10.2% over the forecast period, from 2019 to 2025. The increasing demand for automation in warehouses
to reduce operational time and to increase order fulfilment productivity is a key factor to drive the market growth over
the forecast period. In addition, the rapid growth of the e-commerce sector has increased the demand for warehouses
worldwide, thereby, expected to propel the demand for order picking systems.
Order picking accounts for around 50-55% cost of the total warehouse operating cost. Hence, the warehouse industry is
industry is witnessing shift towards the adoption of new technologies wherein convectional processes are replacing with
semi-automated and automated solutions. Convectional method includes paper-based picking in which labours have
provided batch numbers to pick up specific orders. This method has been replaced with augmented reality as well as
voice-based solutions. These factors are expected to reduce the operational cost, thereby improving efficiency and
reduce response time.
Globalization has increased the complexity in supply chain networks due to which market players are outsourcing their
storage and manufacturing operations from a third party. Furthermore, growing demand for management of supply
chain operations has enforced the companies to upgrade their product as well as service offerings which will help them
to gain a maximum customer base.
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“The global warehouse order picking market size is projected to reach USD 11.16
billion by 2025 and expected to grow with CAGR of 10.2% over the forecast period, from
2019 to 2025. The increasing demand for automation in warehouses to reduce