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The packaging robots market size is forecast to increase by USD 11.6 billion at a CAGR of 12.34% between 2023 and 2028.
The packaging robots industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in "USD billion" for the period 2024-2028, as well as historical data from 2018-2022 for the following segments.
Packaging robots have gained prominence in various industries due to their efficiency in primary packaging applications. Primary packaging, which includes initial product packaging such as bottles, cans, and cartons, is a significant driver of the market's growth. The food and beverage, pharmaceutical, and cosmetics sectors, in particular, have witnessed increasing demand for packaging robots due to their ability to handle flexible packaging materials like pouches and sachets. This trend is attributed to the growing preference for smaller product sizes and single-serve packaging. Packaging robots offer benefits such as cost reduction, increased workforce productivity, and improved packaging line efficiency. They come in various sizes, payloads, and reach capabilities, with mounting options for different industrial applications.
These robots can perform tasks such as palletizing, packing, picking, filling, tray packing, case packing, de-palletizing, bag palletizing, and case palletizing. Integrated controls, sensing and programming capabilities, and human-robot collaboration features further enhance their functionality. The market for packaging robots is fragmented, with industry leaders offering software and technology solutions for high-quality goods across various sectors, including electronics devices, chemicals, industrial packaging, and consumer products. Overall operational costs, including capital investment, are a significant consideration for producers In the e-commerce sector and industrialization. Specialty robots, such as those for industrial control systems and multipurpose applications, are also gaining popularity.
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The Primary packaging segment was valued at USD 7.80 billion in 2018 and showed a gradual increase during the forecast period.
Technavio's analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.
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The market in APAC is experiencing significant growth, making it the largest segment globally. Driven by developing economies like China and India, the region's the market expansion is primarily attributed to the rapid expansion of industries such as e-commerce, FMCG, and personal care. APAC's high manufacturing industry concentration increases the demand for packaging solutions and robots. Furthermore, the e-commerce sector's growth in countries like China, India, and Japan increases the need for automated packaging processes. Packaging robots offer benefits such as cost reduction, increased packaging efficiency, and improved workforce productivity. Flexible robots with integrated controls, sensing, and programming capabilities are increasingly popular due to their ability to handle various packaging applications, including palletizing, packing, picking, filling, and tray packing.
Industry leaders invest in high-quality packaging robots to cater to the diverse needs of industry 4.0, offering multipurpose applications, various axes, and payloads. The market's overall operational costs can be high due to the high capital investment required for these advanced technologies. However, the potential market is vast, with applications in various industries, including electronics devices, chemicals, industrial packaging, and consumer products.
Our researchers analyzed the data with 2023 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.
Advancements in robotics industry is the key driver of the market.
Increase inclination toward COBOTS is the upcoming market trend.
High upfront costs associated with purchasing and deploying robots is a key challenge affecting the industry growth.
The packaging robots market forecasting report includes the adoption lifecycle of the market, covering from the innovator's stage to the laggard's stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the packaging robots market report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their market growth analysis strategies.
Customer Landscape
Companies are implementing various strategies, such as strategic alliances, packaging robots market forecast, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence In the industry.
ABB Ltd. - Packaging robots are a vital solution for streamlining manufacturing processes, encompassing technologies such as robotic picking, packing, and palletizing. These automated systems optimize efficiency and accuracy in various industries, reducing labor costs and enhancing productivity. Robotic picking involves the use of robotic arms to select and place items into containers, while packing robots ensure proper product arrangement and secure sealing. Palletizing robots automate the process of stacking and securing pallets, facilitating seamless material handling and transportation. With the integration of advanced sensors and machine learning algorithms, these systems can adapt to different product shapes, sizes, and packaging configurations, making them a versatile investment for modern manufacturing operations.
The industry research and growth report includes detailed analyses of the competitive landscape of the market and information about key companies, including:
Qualitative and quantitative analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key industry players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.
Packaging robots have become an integral part of modern industrial operations, offering significant advantages in terms of cost reduction and increased packaging efficiency. These robots are designed to automate various packaging processes, from handling glass and metal sheets to pick and place operations In the electronics industry. Flexible robots have gained popularity in work-intensive packaging applications due to their ability to adapt to different tasks and product sizes. Integrated controls and advanced sensing and programming capabilities enable these robots to optimize packaging line performance and improve overall operational costs. Robot sizes and payloads vary depending on the specific packaging application.
For instance, vacuum grippers are suitable for handling delicate items, while larger robots with clamp and claws are used for palletizing and de-palletizing heavy loads. Reach and mounting options are also essential considerations when selecting the appropriate packaging robot. The packaging industries, including food and beverage, pharmaceuticals, and consumer products, have embraced the use of packaging robots to enhance productivity and maintain high-quality goods. The e-commerce sector has further fueled the demand for automation in packaging processes, as the need for efficient order fulfillment increases. The use of industrial control systems and software technology in packaging robots enables multipurpose applications, allowing for human-robot collaboration and voice or gesture control.
Vision sensor technology, color recognition, and labeling and coding capabilities enhance the accuracy and efficiency of packaging processes. Despite the high capital investment required, the market is expected to grow due to its high potential market. The fragmented sector offers a wide range of product offerings, catering to various industries and specific packaging applications. Industrialization and the need for increased workforce productivity have driven the adoption of industrial robots in packaging applications. Primary packaging processes, such as placing and part package time reduction, have seen significant benefits from automation. The benefits of packaging robots extend beyond labor cost reduction.
They offer improved safety, increased efficiency, and the ability to handle irregularities in product shapes and sizes. The food business, in particular, has embraced the use of packaging robots to maintain hygiene standards and ensure the quality of their products. In conclusion, packaging robots have become essential tools in modern industrial operations, offering significant advantages in terms of cost reduction, increased efficiency, and improved product quality. The market for packaging robots is expected to grow, driven by the need for automation in various industries and the increasing demand for efficient order fulfillment In the e-commerce sector.
Market Scope |
|
Report Coverage |
Details |
Page number |
170 |
Base year |
2023 |
Historic period |
2018-2022 |
Forecast period |
2024-2028 |
Growth momentum & CAGR |
Accelerate at a CAGR of 12.34% |
Market growth 2024-2028 |
USD 11.6 billion |
Market structure |
Fragmented |
YoY growth 2023-2024(%) |
10.88 |
Key countries |
China, US, Japan, Germany, and UK |
Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
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1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Application
7 Market Segmentation by End-user
8 Market Segmentation by Gripper Type
9 Customer Landscape
10 Geographic Landscape
11 Drivers, Challenges, and Opportunity/Restraints
12 Competitive Landscape
13 Competitive Analysis
14 Appendix
Research Framework
Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.
INFORMATION SOURCES
Primary sources
Secondary sources
DATA ANALYSIS
Data Synthesis
Data Validation
REPORT WRITING
Qualitative
Quantitative
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