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Packaging Automation Market Outlook 2032: Expected to Reach US$ 52.2 Billion by 2032, Growing at a CAGR of 3.7% from 2024
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Analyst Viewpoint
The increase in efficiency through advanced packaging technologies is propelling the packaging automation market size. Automation improves efficiency, reduces errors, and enhances the work environment across various industries. The robust expansion of the online retail sector further fuels market value, as automated packaging solutions help e-retailers reduce transportation costs and improve mail order fulfillment and e-commerce packaging accuracy.
Key players in the packaging automation market are offering data-driven and robotic solutions for logistics automation. They are also developing dynamic, space-saving, and flexible solutions for small parts storage in light goods logistics.
Market Introduction
Packaging automation integrates automated technology and equipment into the packaging process, preventing material waste, saving money, and allowing manufacturers to redistribute resources to high-value projects or operations. Automated packaging systems enhance various aspects of the packaging process, including picking, packing, conveying, and wrapping.
Types of Packaging Automation
Fully Automated Systems: Manage every task from product selection to packaging and palletizing without human intervention.
Semi-Automated Systems: Combine automation with human intervention, typically more economical for companies with limited budgets.
Market Drivers
Increase in Efficiency through Advanced Packaging Technologies:
Automated systems in the food industry improve efficiency, accuracy, and adherence to quality standards.
The focus on reducing labor costs, cutting waste, increasing productivity, and improving safety drives market growth.
Filling machines, used across various industries, boost production, cut labor expenses, and ensure accuracy and speed.
Robust Expansion in the E-commerce Sector:
Customized packaging for specific items enhances protection, presentation, and brand awareness.
Increased online shopping and e-commerce platforms drive the need for efficient and automated packing solutions.
Packaging automation reduces waste and inventory management, enhancing sustainability programs for retailers.
Regional Outlook
Leading Region: Europe
Europe held the largest market share in 2023, driven by concerns regarding worker safety and the introduction of advanced technologies such as autonomous robots, packaging robots, and digital manufacturing. Key developments include:
2023: SEE (formerly Sealed Air) launched the CRYOVAC Brand 308A CE Vertical Form-Fill-Seal System for liquids.
2023: Amazon tested automated packaging machines for on-demand, made-to-measure paper bags, aiming to cut down on pack volume, weight, and carbon emissions.
Analysis of Key Players
Key players are focusing on developing cutting-edge vision systems in packaging automation and flexible packaging automation software for dynamic workflows. They are also launching customized packaging automation solutions for diverse industries.
Notable Companies
ABB Ltd.
Rockwell Automation Inc.
Schneider Electric SE
Siemens AG
Mitsubishi Electric Corporation
Automated Packaging Systems Inc.
Swisslog Holding AG
Beumer Group
Key Developments
2023: Swisslog Holding AG was selected for a new automated high bay warehouse project for Bartels-Langness in Germany.
2021: Rockwell Automation, Inc. partnered with Comau to offer industrial customers easier, smarter, and more productive ways to design, deploy, and manage robot applications.
Market Segmentation
By Application
Palletizing
Labeling
Filling
Capping
Wrapping
Others
By Type
Packaging Robots
Automated Packagers
Automated Conveyors
By End-user
Logistics
Food and Beverages
Healthcare
Retail
Electronics
Automotive
Others
Regions Covered
North America
Europe
Asia Pacific
Latin America
Middle East & Africa
Countries Covered
U.S.
Canada
Brazil
Mexico
Germany
Spain
Italy
France
U.K.
BENELUX
Russia
China
India
ASEAN
Australia and New Zealand
Japan
North Africa
South Africa
GCC Countries
Market Snapshot
Market Size in 2023: US$ 37.5 Bn
Market Forecast (Value) in 2032: US$ 52.2 Bn
Growth Rate (CAGR): 3.7%
Forecast Period: 2024-2032
Historical Data Available for: 2019-2023
Quantitative Units: US$ Bn for Value and Units for Volume
Market Analysis: Includes segment analysis and regional-level analysis. Furthermore, qualitative analysis includes drivers, restraints, opportunities, key trends, Porter's Five Forces Analysis, value chain analysis, and key trend analysis.
Competition Landscape: Market share analysis by company (2023), company profiles (overview, product portfolio, sales footprint, key subsidiaries or distributors, strategy, recent developments, and key financials).
The packaging automation market (Markt für Verpackungsautomatisierung) is set for steady growth, driven by advancements in automation technologies and the expanding e-commerce sector. While Europe leads in market share, the global landscape presents opportunities for innovation and development across various industries.
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Transparency Market Research, a global market research company registered at Wilmington, Delaware, United States, provides custom research and consulting services. The firm scrutinizes factors shaping the dynamics of demand in various markets. The insights and perspectives on the markets evaluate opportunities in various segments. The opportunities in the segments based on source, application, demographics, sales channel, and end-use are analysed, which will determine growth in the markets over the next decade.
Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insights for thousands of decision-makers, made possible by experienced teams of Analysts, Researchers, and Consultants. The proprietary data sources and various tools & techniques we use always reflect the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in all of its business reports.
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