Packaging Automation Market - Size
Base Year For Estimation
2024
Forecast Data Period
2025-2030
Historical Data Period
2018-2023
Source: Envision Intelligence Analysis & Experts Insights.
*Graph shown for illustrative purpose only, the final report will have the graph with actual data and data labels
Packaging is one of the important elements in the product manufacturing process which helps in protecting the products from physical damage, dust, and various other factors and the automation can be defined as the technology by which a process or procedure is performed without human assistance. Increasing pressure on manufacturers to reduce the operating costs, emerging markets are emerging as low-cost labour and increased competition and reducing the machine downtime, and product waste are the key factors that are boosting the growth of the market.
Global Packaging Automation Market Segments Size & Growth:
Global Packaging Automation Market size is projected to reach approximately $81.92 billion by the end of 2024 with a CAGR of close to 4.20% from $64.00 billion in 2017 during the forecast timeline 2018-2024. The major factors that propel the growth of the Global Packaging Automation Market are increasing the need for supply chain integration, reduction in labour costs, increasing adoption of automation across various industries and rising global consumption of consumer goods. However, stringent government rules, high installation cost and requirement of high-level maintenance are the factors that are hampering the
Packaging Automation Market - Growth
Source: Envision Intelligence Analysis & Experts Insights.
*Graph shown for illustrative purpose only, the final report will have the graph with actual data and data labels
growth of the market.
Global Packaging Automation Market Segments Share:
Global Packaging Automation Market is segmented by the type which consists of the automated packager, packaging robots, and automated conveyors. By application, the market is segmented into labelling, capping, palletising, wrapping, form, filling and sealing. Among these, palletising segment contributes the major market owing to the advancement in technology include the paradigm shift from traditional palletizers to hybrid palletizers that intended to make packaging easier. By the end user, the market is segmented into food & beverages, healthcare & pharmaceuticals, automotive, e-commerce & logistics, chemicals and others. Among these, food & beverages sector accounts largest market share owing to the rising demand for automation in the food & beverages industry. By businesses, the market is categorised into Omnichannel retailers, wholesale distributors, manufacturers, personal document shippers and others. By Geography, Europe contributes the largest market share owing to the presence of advanced user-friendly and cost-effective packaging automation solutions.
Global Packaging Automation Market Trends:
- FactoryTalk View Site Edition v9.0 software by Rockwell Automation, Inc. that allows control engineers to reduce design time and errors and also allows users
You can also purchase parts of this report. Do you want to check out a section wise price list
Packaging Automation Market - Porter's Five Force Analysis
Source: Envision Intelligence Analysis & Experts Insights.
*Graph shown for illustrative purpose only, the final report will have the graph with actual data and data labels
to gain valuable data-driven insights with a modern trend tool
.
Automated Packaging Systems has launched a versatile machine with high-speed productivity, and Autobag 550 baggers that offer easier and faster loading, even for bulky and hard to handle items.
EcoStruxure innovation in connectivity and real-time data for maximising energy efficiency and sustainability by Schneider Electric Se.
Global Packaging Automation Market Research Report:
An executive summary condensing the whole report such that essential authority can rapidly twist up doubtlessly acquainted with brief overview and conclusion.
To have complete market analysis, industry value chain analysis, Porter’s Five Force Analysis, PESTLE, SWOT analysis, and Y-o-Y analysis were carried to understand the market more comprehensively.
Regional and Global Diversity is analysed with the major countries and the unions. Scrutinizing the revenue generation on Year-On-Year
Identifying DROC in the current market and their impact in altering the market dynamics.
Competitive landscape analysis to identify the mergers and acquisitions which will have a comparative financial study with significant competitors.
Expertise investment opportunities by an analyst to the individual and organisation to have a better foothold in the market.
The primary critical players in the Global Packaging Automation Market are:
- ABB Ltd.
- Rockwell Automation, Inc.
- Schneider Electric Se
- Mitsubishi Electric Corp.
- Swisslog Holding AG
Exclusive Benefits
Credibility and
Transparency
We actively recruit consumers, business professionals, and elusive individuals for our research panels, fostering enduring relationships. Our commitment to transparency is evident in the comprehensive listing of primary and secondary data sources, ensuring unwavering credibility in our reports.
Exhaustive
Coverage
Uncover the full spectrum with Envision Intelligence. Our detailed and extensive geographical coverage, coupled with survey consultation services, spans brand tracking, concept testing, and consumer behaviour analysis. Adapt to your evolving needs with scalable market research services that leave no facet unexplored.
Competitive
Edge
Stay ahead with Envision Intelligence. Our reports provide the latest market updates up to the date of purchase. Recognising the urgency of impactful decisions, we deliver timely analyses on the unprecedented choices made by CXOs during the COVID-19 crisis—providing valuable insights at no extra cost.
Golden
pportunities
Unearth hidden gems with Envision Intelligence. Our analysts and consultants conduct a comprehensive strategic sieve analysis, augmented by AI tools, to identify non-obvious, golden, and emerging opportunities. Evaluate possibilities that set you apart in the market.
Top-notch Reportsd
Guaranteed
Experience unparalleled depth with Envision Intelligence. Over 70% of our research is exclusive, establishing us as the premier source for in-depth and extensive market insights. Elevate your decision-making with reports that go beyond the ordinary.
Post Purchase
Support
Empower your journey with Envision Intelligence. Our commitment extends beyond the purchase. Enjoy post-purchase support for three months, with queries addressed within 24 business hours via telephone or email. We stand by you in your quest for ongoing success.
