Press release
Packaging Automation market Deep Research Report with Forecast to 2034
InsightAce Analytic Pvt. Ltd. announces the release of a market assessment report on the "Global Packaging Automation Market Size, Share & Trends Analysis Report By Offering (Solution, Services), Automation Type (Robotic Pick & Place Automation, Secondary Packaging Automation, Tertiary & Palletizing Automation), And Industry Vehicle (Healthcare & Pharmaceuticals, E-Commerce & Logistics, Food & Beverage, Automotive, Chemical & Refinery, Aerospace & Defense)- Market Outlook And Industry Analysis 2034"The global packaging automation market is estimated to reach over USD 224.89 billion by 2034, exhibiting a CAGR of 10.5% during the forecast period.
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Packaging automation refers to the use of automated systems to perform packaging tasks without human intervention. This strategic approach enables manufacturing and packaging companies to increase operational efficiency while minimizing labor dependency. By streamlining processes, packaging automation reduces the need for manual labor, enhances consistency and efficiency, and optimizes the utilization of available floor space.
Furthermore, automation contributes to improved product quality and helps lower overall packaging costs. The integration of advanced technologies and robotics has significantly transformed production lines globally, leading to substantial gains in productivity and operational efficiency. In response to heightened competition and the growing demand for faster turnaround times, manufacturers are increasingly adopting automation to sustain high-performance production environments.
List of Prominent Players in the Packaging automation market:
• Rockwell Automation, Inc.
• Mitsubishi Electric Corporation
• Swisslog Holding AG
• ABB Ltd.
• Kollmorgen Corporation
• ULMA Packaging
• Multivac Group
• Coesia SpA
• Emerson Electric Co.
• Falcon Autotech Private Limited
Market Dynamics:
Drivers-
The rapid rise in online shopping has emerged as a major driver of growth in the packaging automation market. This trend is particularly pronounced in emerging economies such as China and India, where e-commerce is expanding at a remarkable pace. The surge in online retail has led to increased demand for automated packaging solutions across all stages of the e-commerce supply chain, including primary and secondary packaging, product labeling, coding, and marking.
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Challenges:
Despite its advantages, the packaging automation industry faces challenges related to high design, implementation, and support costs. The use of advanced technologies often necessitates significant capital investment and access to skilled labor, both of which increase the overall cost of automation systems.
Regional Trends:
Europe currently holds the largest share of the global packaging automation market, driven by the region's rapid adoption of advanced technologies and a strong presence of manufacturing and packaging automation companies. These providers offer a diverse range of solutions tailored to industries such as food and beverage, logistics, retail, healthcare, chemicals, automotive, and aerospace and defense. Meanwhile, the Asia-Pacific region is projected to register the highest compound annual growth rate (CAGR) over the forecast period. This growth is attributed to increasing adoption of automation solutions in the manufacturing, e-commerce, and healthcare sectors. Rising demand for packaged food and beverages is also contributing to the growing need for corrugated and automated packaging, positioning Asia-Pacific as a key region for future market expansion.
Recent Developments:
• In August 2022, Maxpack Machinery LLC unveiled Leap by Max pack, a ground-breaking piece of packaging machinery that enables the client to pay overtime. Leap is a product that Maxpack created in response to the growing Buy Now, Pay Later market. Premium packages of the automation gear are offered, and payments can be made over an 18-month period without interest or credit.
• In May 2022, the TSA 400, a newly created compact tray sealer, was unveiled by ULMA Packaging. It is anticipated that it will be featured at the next IFFA 2022. The TSA 400 is a highly adaptable device, according to the manufacturer, capable of working in SKIN, MAP, LEAFSKINTM, and LEAFMAPTM settings. Due to its small size and high-speed output of only 2.3 meters.
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Segmentation of the Packaging Automation Market-
By Offering-
• Solution
o Case Sealers & Erectors
o Wrappers
Stretch Wrappers
Flow Wrappers
Shrink Wrappers
o Filling
o Sleevers & Cartoners
o Markers & Labelers
o Strappers
o Palletizer and Depalletize
o Automated Mailer Systems
o Case Packers
Vertical/Top Load Case Packer
Wrap-around Load Case Packer
Horizontal/Side Load Case Packer
Others
• Services
o Consulting
o Support & Maintenance
o Installation & Training
By Automation type-
• Robotic Pick & Place Automation
• Secondary Packaging Automation
• Tertiary & Palletizing Automation
By Industry Vehicle-
• Healthcare & Pharmaceuticals
o Healthcare & Pharmaceutical Manufacturing Companies
o Contract Manufacturing Organizations
• E-commerce & Logistics
o E-commerce
o Contract Packaging
o Logistics Companies
• Food & Beverage
• Automotive
• Chemical & Refinery
• Aerospace & Defense
• Others
By Region-
North America-
• The US
• Canada
• Mexico
Europe-
• Germany
• The UK
• France
• Italy
• Spain
• Rest of Europe
Asia-Pacific-
• China
• Japan
• India
• South Korea
• South East Asia
• Rest of Asia Pacific
Latin America-
• Brazil
• Argentina
• Rest of Latin America
Middle East & Africa-
• GCC Countries
• South Africa
• Rest of Middle East and Africa
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InsightAce Analytic is a market research and consulting firm that enables clients to make strategic decisions. Our qualitative and quantitative market intelligence solutions inform the need for market and competitive intelligence to expand businesses. We help clients gain a competitive advantage by identifying untapped markets, exploring new and competing technologies, segmenting potential markets, and repositioning products. Our expertise is in providing syndicated and custom market intelligence reports with an in-depth analysis with key market insights in a timely and cost-effective manner.https://www.insightaceanalytic.com/images_data/148861653.
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