United State – Global Packaging Robot Market Status, Trends and COVID-19 Impact Report 2021, Covid 19 Outbreak Impact research report added by Report Ocean, is an in-depth analysis of market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends, and strategies for this market. It traces the market’s historic and forecast market growth by geography. It places the market within the context of the wider Packaging Robot market, and compares it with other markets., market definition, regional market opportunity, sales and revenue by region, manufacturing cost analysis, Industrial Chain, market effect factors analysis, Digital Evidence Management market size forecast, market data & Graphs and Statistics, Tables, Bar &Pie Charts, and many more for business intelligence. Get complete Report (Including Full TOC, 100+ Tables & Figures, and Chart). – In-depth Analysis Pre & Post COVID-19 Market Outbreak Impact Analysis & Situation by Region.
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.
COVID-19 Impact Analysis
The sudden onset of the COVID-19 pandemic positively influenced the packaging robot market. The industries increased the deployment of machinery in order to reduce human contact and labor where necessary. As a result, companies started adopting packaging robots to escalate the speed and productivity of work. Moreover, the pandemic has forced professionals to stay at home, which further created a labor shortage. As a result, the demand for automation increased drastically among various end-user industries.
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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.’
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
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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)
Key questions answered in the global Packaging Robot market report are:
- How does a global company acquire markets?
- What are its core strategies and policies?
- What factors will influence the Packaging Robot market over the forecast period?
- What are the factors driving and restraining the market for Packaging Robot?
- What are the leading competitors in the global market?
- Which region is growing at a higher pace in the global market?
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