E-commerce is fueling major growth in warehouse automation
Global e-commerce sales account for 20% of total retail sales today and are expected to exceed 30% by the end of the 2020s. Those projections have pulled back slightly in a post-Covid world, where shoppers struggle to attain some sense of normalcy after shutdowns and head back to the brick-and-mortar shopping malls. But that doesn’t seem like it will hold up for long.
With the growth in e-commerce, the warehouse automation industry grows as well. The robotics market has ballooned to $20 billion in 2021 and should increase by another $10 billion in the next eight years. Consumers are now at the top of the pyramid, and warehouse automation can only increase satisfaction.
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