Global Packaging Automation Market, By Product Type (Filling, Labelling, Decorating, and Coding, Case Handling, Bottling Line, Palletizing, Wrapping & Bundling, Other Product Types), Application (Wrapping, Capping, Filling, Labeling, Palletizing, Others), End-user Industry (Food, Beverage, Pharmaceutical, Industrial, & Chemicals, Other End-user Industries), Function (Case Packaging, Palletizing), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028.
Packaging Automation Market Analysis and Insights
Packaging automation market will grow at a rate of 7.00% for the forecast period of 2021 to 2028. Increasing adoption of automation solutions across various industries is an essential factor driving the packaging automation market.
Packaging automation can potentially help in maximizing the productivity and therefore providing a competitive edge to the manufacturers. The automated machines help in increasing the productivity and efficiency in the manufacturing processes. Moreover, manufacturers are highly implementing automated machines for packaging goods and products because of their effectiveness and the ability to reduce labor time and cost.
Increase in the disposable incomes along with the rise in the standard of living is the major factor escalating the market growth, also rising need for supply chain integration, rising reduction in the labor costs, increase in the striking of automation mode of packaging benefits over traditional methods along with rising delivery of real-time diagnostics and performance information and rising need of safety concern are the major factors among others propelling the growth of packaging automation market. Moreover, increasing huge scope of growth in the e-commerce and retail sectors, increasing customized packaging automation solutions, rising research and development activities in the market and increasing technological advancements and modernization in the packaging techniques will further create new opportunities for the packaging automation market in the in the forecast period of 2021- 2028.
However, increasing capital cost and rising requirement of high-level maintenance are the major factors among others restraining the market growth, while rising standardization of solutions to cater to various compatibility requirements will further challenge the growth of packaging automation market.
This packaging automation market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographical expansions, technological innovations in the market. To gain more info on packaging automation market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Packaging Automation Market Scope and Market Size
Packaging automation market is segmented on the basis of product type, application, end-user industry and function. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target markets.
- On the basis of product type, the packaging automation market is segmented into filling, labelling, decorating, and coding, case handling, bottling line, palletizing, wrapping & bundling, and other product types.
- Based on application, the packaging automation market is segmented into wrapping, capping, filling, labeling, palletizing and others.
- Based on end-user industry, the packaging automation market is segmented into food & beverage, healthcare & pharmaceutical, automotive, E-commerce & Logistics, chemicals and others.
- The packaging automation market is also segmented on the basis of function into case packaging and palletizing.
Packaging Automation Market Country Level Analysis
Packaging automation market is analysed and market size, volume information is provided by product type, application, end-user industry and function as referenced above.
The countries covered in the packaging automation market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
Asia-Pacific dominates packaging automation market due to increasing industrialization, increasing penetration of these devices in the manufacturing activities in countries including China, India, Australia, Singapore, and Japan, rising favorable government initiatives for the development of infrastructure, increasing presence of established players and easy availability of raw material in this region.
The country section of the packaging automation market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Packaging Automation Market Share Analysis
Packaging automation market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to packaging automation market.
The major players covered in the packaging automation market report are Rockwell Automation, ABB, Mitsubishi Electric Corporation, Schneider Electric, Emerson Electric Co., Swisslog Holding AG, Siemens, Automated Packaging Systems, LLC, Kollmorgen, BEUMER GROUP, Robert Bosch GmbH, Coesia S.p.A, Krones AG, Tetra Pak and Graphic Packaging International, LLC among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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