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Automatic Palletizer and Depalletizer Market by Type, End-user, and Geography - Forecast and Analysis 2020-2024

  • Published: Dec 2020
  • Pages: 120
  • SKU: IRTNTR41628
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Automatic Palletizer and Depalletizer market growth will increase by $466.89 million during 2019-2024.
The automatic palletizer and depalletizer market is expected to grow at a CAGR of 4.01% during 2019-2024.
Technavio has segmented the automatic palletizer and depalletizer market by end user (Food and beverage industry, Pharmaceutical and personal care industry, Consumer durables industry, Chemicals industry, and Other industries) ,type (Automatic palletizer and Automatic depalletizer) , and geographic (APAC, Europe, North America, South America, and MEA).
A-B-C Packaging Machine Corp., Arrowhead Systems Inc., BEUMER Group GmbH & Co. KG, Clevertech Spa, Columbia Machine Inc., Ehcolo AS, KRONES AG, MSK Verpackungs-Systeme GmbH, Ouellette Machinery Systems Inc., pester pac automation GmbH are a few of the key vendors in the automatic palletizer and depalletizer market.
APAC will register the highest growth rate of 55.81% among the other regions. Therefore, the automatic palletizer and depalletizer market in APAC is expected to garner significant business opportunities for the vendors during the forecast period.
The key factors driving the automatic palletizer and depalletizer market growth are:
  • High efficiency of palletizers and depalletizers
  • Emergence of smart factories
The automatic palletizer and depalletizer market vendors should focus on grabbing business opportunities from the Food and beverage industry segment as it accounted for the largest market share in the base year.
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