MICRO FULFILLMENT MARKET SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2024-2031)

Key Developments

• In September 2023, P. Moller-Maersk, one of the world's largest container shipping companies, announced its plans to open a 38,000-square-foot automated e-Commerce fulfillment center in Dallas. The facility will leverage robotic and software technology from Fabric, a leading micro-fulfillment center (MFC) provider known for its innovative solutions that enable efficient and scalable order fulfillment for retailers and logistics companies.
• In February 2023, Fulfil, a startup specializing in robotic micro-fulfillment center (MFC) solutions designed to help grocers efficiently pick and pack e-Commerce orders, announced that it had secured US$ 60 million in its Series B funding round. This investment will enable Fulfil to enhance its innovative solutions, further supporting grocery retailers in meeting the growing demands of online shopping.
• In March 2022, Instacart, a leading online grocery delivery service that pioneered e-Commerce solutions for the grocery industry, launched key new fulfillment, advertising, and insights capabilities for retailers including Publix, ALDI, Schnuck Markets Inc., Good Food Holdings, Plum Market, Key Food, and Food Bazaar. This initiative aims to enhance the digital transformation of these retailers by providing them with advanced tools to improve their omnichannel customer experiences.
• In March 2021, Flowspace, a startup that provides on-demand warehousing and fulfillment solutions for businesses of all sizes, announced it had raised US$ 31 million in a Series B funding round. The investment was led by BuildGroup, a venture capital firm based in Austin, Texas, with participation from existing investors. Flowspace's proprietary software platform helps businesses manage their warehousing and fulfillment needs and is currently utilized in hundreds of partnering fulfillment centers across the U.S.