Report : Horizontal Carousels ASRS Market Report: Size, Share and Outlook by 2031
According to our latest study on "Horizontal Carousels ASRS Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis - by Type, End Use Industry, and regions" the Horizontal Carousels ASRS Market size was US$ 7.27 million in 2024 and is expected to reach US$ 11.93 million by 2031. The horizontal carousels ASRS market size is estimated to register a CAGR of 7.8% during 2025-2031.
The horizontal carousels ASRS market is segmented into five major regions-North America, Europe, Asia Pacific, Middle East & Africa (MEA) and South America (SAM). Asia Pacific dominated the market in 2024.
The Horizontal Carousels ASRS market in Asia Pacific is experiencing strong growth due to the region's rapid industrialization, e-commerce expansion, and focus on warehouse automation. Companies are increasingly adopting horizontal carousels to improve storage density, reduce labor costs, and enhance picking accuracy. These systems are gaining popularity across industries such as manufacturing, logistics, retail, and healthcare, where space optimization and quick order fulfillment are critical. In April 2024, Kardex, a global leader in automated storage and retrieval systems, partnered with DKSH, a leading market expansion services provider. This alliance enables DKSH to distribute Kardex's advanced ASRS technologies across key Asia Pacific markets, including China, Indonesia, the Philippines, Malaysia, Singapore, Thailand, and Vietnam. The partnership aims to meet the growing demand for automation solutions in the region and support companies in improving supply chain efficiency.
Several factors are driving the market's expansion. Increasing labor shortages and rising operational costs are encouraging businesses to invest in automation. The growth of e-commerce platforms and 3PL providers is also fueling demand for faster and more efficient storage systems. Moreover, governments across the region are supporting smart manufacturing initiatives, creating favorable conditions for ASRS adoption. Overall, the Asia Pacific Horizontal Carousels ASRS market is expected to grow steadily over the next few years. Continuous technological advancements, strategic partnerships, and the need for efficient warehouse operations will remain key factors contributing to the market's strong outlook.
The Europe Horizontal Carousels ASRS market is witnessing steady growth driven by the region's strong e-commerce expansion, rising labor costs, and the push toward warehouse automation. According to the International Trade Administration, Europe ranked as the third-largest retail e-commerce market globally, generating US$ 631.9 billion in 2023, with projections to reach approximately US$ 902.3 billion by 2027 at a CAGR of 9.31%. This rapid growth is increasing pressure on warehouses and distribution centers to improve storage efficiency, accuracy, and order fulfillment speed. Horizontal carousel systems are gaining popularity across Europe as they allow businesses to maximize space utilization and streamline order-picking processes. Industries such as retail, automotive, electronics, and pharmaceuticals are increasingly implementing these systems to enhance productivity and reduce manual labor dependency. The technology supports high-density storage and fast retrieval, which is essential for meeting the demands of next-day or same-day delivery services that are now common in European markets. Major automation providers are expanding their presence through strategic partnerships and local collaborations. Companies such as Kardex, SSI Sch