Our comprehensive research on the Global Packaging Robot Market (2023-2031) provides insights for businesses. It covers trends, investments, tech advancements, and major players. The report uses qualitative and statistical data from 2017-2031, including SWOT, BCG, PESTLE analysis, and visuals. It offers a full market landscape with stakeholder insights, regional outlooks, and financial considerations.
The global packaging robot market size was US$ 5.4 billion in 2021. The global packaging robot market is forecast to grow to US$ 15.1 billion by 2030 by growing at a compound annual growth rate (CAGR) of 12.8% during the forecast period from 2022 to 2030.
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Packaging robots are designed to perform various packaging operations, including coding, filling, sealing, transporting, etc.
Factors Influencing the Market
The growth of the end-use industry, such as automation and robotics, will fuel the growth of the global packaging robot market during the forecast period. In addition, industries are increasing their focus on technologies instead of the workforce. As a result, it will augment the growth of the global packaging robot market during the forecast period.
The increasing industrialization and favorable policies by governments such as ‘Make in India’ and ‘Made in China’ will offer ample growth opportunities for the global packaging robot market.
Rising urbanization and the growing e-commerce industry will propel the packaging robot market forward during the study period.
High initial costs associated with packaging robots may restrict the growth of the global packaging robots market.
Regional Analysis
North America is forecast to hold the highest share in the global packaging robot market, owing to the growing penetration of advanced technologies. In addition, the growing automation in the region is expected to benefit the regional packaging robot market.
Asia-Pacific packaging robot market is forecast to register significant growth due to growing industrialization and favorable government policies, such as ‘Make in India’ and ‘Made in China.’
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Competitors in the Market
- ABB Limited
- Amada Co Ltd.
- Bosch Packaging Technology
- Brenton Engineering
- Brokk AB (SE)
- Durr Systems
- Fanuc Corporation
- Guangzhou Risong Intelligent Technology Holding (CN)
- Krones AG
- Kuka Roboter GmbH
- Mitsubishi Electric Corporation
- Remtec Automation LLC
- Schneider Electric SE
- Yaskawa America Inc.
- Other Prominent Players
The report furnishes an intricate comprehension of each segment, delivering potential estimations for principal applications and insights into emerging prospects. Every regional market is meticulously scrutinized to ascertain its potential for growth, development, and demand in the forthcoming years.
As of the end of 2022, the Packaging Robot industry experienced notable growth in its workforce. Starting in January, employment within the Packaging Robot sector exceeded its pre-COVID levels, resulting in an expansion of payrolls by over 15,000 employees throughout the course of the year. The global Packaging Robot output demonstrated a remarkable increase of 5.2% during 2021, primarily attributed to a widespread economic upswing and a surge in demand for commodities. However, the momentum shifted in 2022, with the global industrial sector’s production contracting. This reversal followed a robust expansion in 2021, fueled by altered consumer spending patterns and substantial fiscal support.
Forecasts indicate that the global Packaging Robot output is set to rise by approximately 2.9% in 2023. This projection is underpinned by the gradual recovery of production in Western Europe from its previous troughs, as well as a rebound in output across the Asia/Pacific region. Maintaining its dominant position, China, accounting for nearly 45% of the global Packaging Robot market, remains both its largest producer and consumer. Remarkably, China’s market share has surged since 2010, when it stood at around 26%. This ascent has led to a substantial contribution to the nation’s GDP. Notably excelling as a top exporter, China leads in various sectors, including silicon, PVC, and several specific segments of the Packaging Robot market.
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Market Segmentation
The global packaging robot market segmentation focuses on Gripper, Application, End-User, and Region.
The packaging robot market has been segmented based on gripper type –
- Clamp
- Claw
- Vacuum
- Others
The packaging robot market has been segmented based on application –
- Packing
- Case Packing
- Tray Packing
- Filling
- Others
- Palletizing
- Case palletizing
- De-palletizing
- Others
- Picking & Placing
The packaging robot market has been segmented based on end-user –
- Logistics
- Food & Beverages
- Pharmaceuticals
- Household goods
- Others (Cosmetics)
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Table of Contents:
Chapter 1: Introduction to the Global Packaging Robot Industry
Chapter 3: Dynamics of the Market
Chapter 4: Profiles of Leading Companies
Chapter 5: Competition in the Global Packaging Robot Market among Players
Chapter 6: Market Size across Global Regions
Chapter 7: Application Segments in the Global Market
Chapter 8: Segment Analysis of the Global Packaging Robot Industry
Chapter 9: Market Chain, Sourcing Strategies, and Downstream Buyers
Chapter 10: Strategies and Key Policies by Distributors/Suppliers/Traders
Chapter 11: In-depth Analysis of Key Marketing Strategies by Market Vendors
Chapter 12: Evaluation of Market Impact Factors
Chapter 13: Forecasted Global Packaging Robot Market Size (2023-2031)
Reasons to Acquire This Report
(A) This research imparts invaluable insights tailored for senior management, policymakers, industry professionals, product innovators, sales executives, and stakeholders within the market. It equips them with the information needed to make well-informed decisions and craft effective strategies.
(B) The report delivers a comprehensive analysis of global, regional, and country-level Packaging Robot market revenues, extending projections until 2030. This dataset empowers companies to gauge their market presence, recognize avenues for growth, and explore emerging markets.
(C) Through meticulous segmentation of the Packaging Robot market encompassing types, applications, technologies, and end-uses, this study empowers leaders to blueprint their products and allocate resources based on the projected growth trajectories of each segment.
(D) Investors stand to gain from the market analysis by gaining insights into market scope, positioning, key drivers, challenges, limitations, expansion prospects, and potential risks. Armed with this knowledge, they can make well-considered investment choices.
(E) The report conducts an intricate analysis of competitors, unraveling their pivotal strategies and market positioning. This intelligence equips businesses with a profound understanding of the competitive landscape, enabling them to chart their own strategies accordingly.
(F) The study facilitates the assessment of Packaging Robot business projections delineated by region, key countries, and prominent companies, bestowing invaluable information for investment strategizing and decision-making.
Why is our study consequential?
Our study holds paramount importance for various reasons, a few of which include:
• Assisting businesses in gauging the viability of new or existing products or services.
• Facilitating business enterprises in the identification and cultivation of novel market segments.
• Providing a preemptive understanding of consumer demand prior to introducing new products, services, or features.
• Enhancing the overall efficacy of marketing, advertising, and promotional initiatives.
• Analyzing market trends to aid businesses in devising adaptive strategies.
• Guiding businesses in the optimal placement of their products.
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