Japan automated storage and retrieval system (ASRS) market is estimated to grow at a CAGR of 10.5% during the forecast period. The major factors that are driving the Chinese ASRS market include the rising focus of the warehousing companies towards automation and the significant growth of e-commerce and retail industries in the country. The e-commerce industry in Japan has witnessed considerable growth during the past decade. Some of the major factors that drive the e-commerce industry in Japan include the increase in internet penetration with strong growth in the infrastructure network. Japan is a developed economy and has a high urban population that makes the country an attractive destination to online retailers. Along with this, the availability of the highly developed logistics system and distribution network further adds to the lucrativeness of the e-commerce logistics industry in Japan.
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