Global Packaging Automation Solution Market Size, Trends & Growth Opportunity and By Type (Packaging Robots, Automated Conveyors, and Packaging Robots), By Application (Capping, Labeling, Wrapping, Palletizing, and Others), By End User (Chemicals, E-commerce & Logistics, Automotive, Healthcare & Pharmaceutical, Food & Beverages, and Others), By Region and Forecast till 2027.
Report ID : IR100180 | Industries : Energy & Power | Published On :May 2024 | Page Count : 247
Global Packaging Automation Solution Market Size, Trends & Growth Opportunity and By Type (Packaging Robots, Automated Conveyors, and Packaging Robots), By Application (Capping, Labeling, Wrapping, Palletizing, and Others), By End User (Chemicals, E-commerce & Logistics, Automotive, Healthcare & Pharmaceutical, Food & Beverages, and Others), By Region and Forecast till 2027.
Global Packaging Automation Solution Market
The Global Packaging Automation Solution Market is expected to grow from US$ 63.84 Million in 2021 to US$ 101.2 Million by 2027; it is estimated to grow at a CAGR of 7.97% from 2022 to 2027.
Packaging automation solution is defined as the procedure of packaging a product without the need for human assistance. Rise in importance of shelf service marketing, ensuring speedy and effective packaging processes by manufacturers with minimal manual interventions will propel the packaging automation solution market growth across the globe.
Market Drivers
The primary reason anticipated to spur the growth of the global packaging automation solution market is the increase in the rate of industrialization and manufacturing activities as a result of the expanding population. Additionally, the market will grow as automation solutions are increasingly adopted across a variety of sectors, including chemicals, e-commerce & logistics, automotive, healthcare & pharmaceutical, food & beverage, and others. Additionally, the market will expand due to the expansion of packaging automation solutions in the retail and e-commerce sectors.
Market Restraints
The high development and upkeep costs of these machines are impeding the expansion of the packaging automation market. Due to the use of cutting-edge technologies and the need for skilled labour, the total cost of these machines will increase. The machinery must also receive adequate and consistent upkeep in order for them to continue operating as intended, which raises the cost. Furthermore, stringent government regulations relating to worker safety when automated packaging processes are used are impeding the industry's growth.
Market Opportunities
The demand for packaging equipment linked to IoT as well as smart embedded technologies is increasing due to the field's accelerating rate of technological development. With such advanced technology, desktop computers, mobile devices, and laptops can easily monitor packaging machines from any place. Thanks to these cutting-edge technologies, production line workers can now evaluate the efficiency and consistency of such automatic systems more easily. They also assist in locating and correcting flaws by allowing remote control, which transmits essential instructions to activate or deactivate a machine's function from a distance.
Impact of Covid-19
The COVID-19 pandemic is causing the packaging industry's players to reconsider their current business strategies. Not only are producers impacted by the rise in e-commerce, but also distribution firms. Additionally, producers spend time and resources on packing that matches the goods they create. The adoption of robotic packaging automation techniques, such as wrap around packaging, was also hastened by COVID.
Segmentation By Type: Global Packaging Automation Solution Market is segmented on the basis of Type into Packaging Robots, Automated Conveyors, and Packaging Robots.
Segmentation By Application: Global Packaging Automation Solution Market is segmented on the basis of Application into Capping, Labeling, Wrapping, Palletizing, and Others.
Segmentation By End User: Global Packaging Automation Solution Market is segmented on the basis of End User into Chemicals, E-commerce & Logistics, Automotive, Healthcare & Pharmaceutical, Food & Beverages, and Others. According to estimates, the packaging automation industry is dominated by the e-commerce and logistics segment.
Segmentation By Region: Global Packaging Automation Solution Market is segmented into five regions such as North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. Asia-Pacific is anticipated to experience the highest CAGR during the forecast period due to the region's growing usage of solutions and services in the manufacturing, e-commerce, and healthcare sectors.
Market key Players
Various key players are discussed in this report such as Rockwell Automation, SATO Holdings PakTech, Brenton, Swisslog Holding AG, Siemens AG, BEUMER Group GmbH & Co., KG, Automated Packaging Systems, Inc., and Schneider Electric SE.
Market Taxonomy
By Type
• Packaging Robots
• Automated Conveyors
• Packaging Robots
By Application
• Capping
• Labeling
• Wrapping
• Palletizing
• Others
By End User
• Chemicals
• E-commerce & Logistics
• Automotive
• Healthcare & Pharmaceutical
• Food & Beverages
• Others
By Region
• North America
• Latin America
• Europe
• Asia Pacific
• Middle East & Africa
Key Questions Addressed by the Report
• What are the Key Opportunities in Packaging Automation Solution Market?
• What will be the growth rate from 2022 to 2027?
• Which segment/region will have highest growth?
• What are the factors that will impact/drive the Market?
• What is the competitive Landscape in the Industry?
• What is the role of key players in the value chain?
Global Packaging Automation Solution Market TOC:
1 Introduction
1.1 Objective of the Study
1.2 Market definition
1.3 Market Scope
2 Research Methodology
2.1 Data Mining
2.2 Validation
2.3 Primary Interviews
2.4 List of Data Sources
3 Executive Summary
4 Global Packaging Automation Solution Market Outlook
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5 Global Packaging Automation Solution Market, By Type
5.1 Y-o-Y Growth Comparison, By Type
5.2 Global Packaging Automation Solution Market Share Analysis, By Type
5.3 Global Packaging Automation Solution Market Size and Forecast, By Type
5.3.1 Packaging Robots
5.3.2 Automated Conveyors
5.3.3 Packaging Robots
6 Global Packaging Automation Solution Market, By Application
6.1 Y-o-Y Growth Comparison, By Application
6.2 Global Packaging Automation Solution Market Share Analysis, By Application
6.3 Global Packaging Automation Solution Market Size and Forecast, By Application
6.3.1 Capping
6.3.2 Labelling
6.3.3 Wrapping
6.3.4Palletizing
6.3.5Others
7 Global Packaging Automation Solution Market, By End User
7.1 Y-o-Y Growth Comparison, By End User
7.2 Global Packaging Automation Solution Market Share Analysis, By End User
7.3 Global Packaging Automation Solution Market Size and Forecast, By End User
7.3.1 Chemicals
7.3.2 E-commerce & Logistics
7.3.3 Automotive
7.3.4 Healthcare & Pharmaceutical
7.3.5 Food & Beverages
7.3.6 Others
8 Global Packaging Automation Solution Market, By Region
8.1 Global Packaging Automation Solution Market Share Analysis, By Region
8.2 Global Packaging Automation Solution Market Share Analysis, By Region
8.3 Global Packaging Automation Solution Market Size and Forecast, By Region
9 North America Packaging Automation Solution Market Analysis and Forecast (2022 – 2027)
9.1 Introduction
9.2 North America Packaging Automation Solution Market Share Analysis, By Type
9.3 North America Packaging Automation Solution Market Size and Forecast, By Application
9.4 North America Packaging Automation Solution Market Size and Forecast, By End User
9.5 North America Packaging Automation Solution Market Size and Forecast, By Country
9.5.1 U.S.
9.5.2 Canada
9.5.3 Mexico
10 Europe Packaging Automation Solution Market Analysis and Forecast (2022 – 2027)
10.1 Introduction
10.2 Europe Packaging Automation Solution Market Share Analysis, By Type
10.3 Europe Packaging Automation Solution Market Size and Forecast, By Application
10.4 Europe Packaging Automation Solution Market Size and Forecast, By End User
10.5 Europe Packaging Automation Solution Market Size and Forecast, By Country
10.5.1 Germany
10.5.2 France
10.5.3 UK
10.54. Rest of Europe
11 Asia Pacific Packaging Automation Solution Market Analysis and Forecast (2022 – 2027)
11.1 Introduction
11.2 Asia Pacific Packaging Automation Solution Market Share Analysis, By Type
11.3 Asia Pacific Packaging Automation Solution Market Size and Forecast, By Application
11.4 Asia Pacific Packaging Automation Solution Market Size and Forecast, By End User
11.5 Asia Pacific Packaging Automation Solution Market Size and Forecast, By Country
11.5.1 China
11.5.2 Japan
11.5.3 India
11.5.4. Rest of Asia Pacific
12 Latin America Packaging Automation Solution Market Analysis and Forecast (2022 – 2027)
12.1 Introduction
12.2 Latin America Packaging Automation Solution Market Share Analysis, By Type
12.3 Latin America Packaging Automation Solution Market Size and Forecast, By Application
12.4 Latin America Packaging Automation Solution Market Size and Forecast, By End User
12.5 Latin America Packaging Automation Solution Market Size and Forecast, Country
13 Middle East Packaging Automation Solution Market Analysis and Forecast (2022 – 2027)
13.1 Introduction
13.2 Middle East Packaging Automation Solution Market Share Analysis, By Type
13.3 Middle East Packaging Automation Solution Market Size and Forecast, By Application
13.4 Middle East Packaging Automation Solution Market Size and Forecast, By End User
13.5 Middle East Packaging Automation Solution Market Size and Forecast, By Country
14 Competitive Analysis
14.1 Competition Dashboard
14.2 Market share Analysis of Top Vendors
14.3 Key Development Strategies
15 Company Profiles
15.1 Rockwell Automation
15.1.1 Overview
15.1.2 Offerings
15.1.3 Key Financials
15.1.4 Business Segment & Geographic Overview
15.1.5 Key Market Developments
15.1.6 Key Strategies
15.2 SATO Holdings PakTech
15.2.1 Overview
15.2.2 Offerings
15.2.3 Key Financials
15.2.4 Business Segment & Geographic Overview
15.2.5 Key Market Developments
15.2.6 Key Strategies
15.3 Brenton
15.3.1 Overview
15.3.2 Offerings
15.3.3 Key Financials
15.3.4 Business Segment & Geographic Overview
15.3.5 Key Market Developments
15.3.6 Key Strategies
15.4 Swisslog Holding AG
15.4.1 Overview
15.4.2 Offerings
15.4.3 Key Financials
15.4.4 Business Segment & Geographic Overview
15.4.5 Key Market Developments
15.4.6 Key Strategies
15.5 Siemens AG
15.5.1 Overview
15.5.2 Offerings
15.5.3 Key Financials
15.5.4 Business Segment & Geographic Overview
15.5.5 Key Market Developments
15.5.6 Key Strategies
15.6 BEUMER Group GmbH & Co., KG
15.6.1 Overview
15.6.2 Offerings
15.6.3 Key Financials
15.6.4 Business Segment & Geographic Overview
15.6.5 Key Market Developments
15.6.6 Key Strategies
15.7 Automated Packaging Systems, Inc
15.7.1 Overview
15.7.2 Offerings
15.7.3 Key Financials
15.7.4 Business Segment & Geographic Overview
15.7.5 Key Market Developments
15.7.6 Key Strategies
15.8 Schneider Electric SE
15.8.1 Overview
15.8.2 Offerings
15.8.3 Key Financials
15.8.4 Business Segment & Geographic Overview
15.8.5 Key Market Developments
15.8.6 Key Strategies