Global Palletizers Market – Industry Trends and Forecast to 2029

Global Palletizers Market, By Product (Conventional Palletizers, Robotic Palletizers), Product Type (Cases and Boxes, Bags and Sacks, Pails and Drums, Trays and Crates, Bundles), End-user (Food and Beverage Pharmaceuticals, Personal Care and Cosmetics, Chemicals, Others) – Industry Trends and Forecast to 2029

Market Analysis and Size

In recent years, a growing number of advanced automatic and robotic palletizing systems have appeared around the world. Advances in technology, the need to increase the speed and quality of packaging lines, as well as changing consumer tastes, have fueled the development of more automated and robotic palletizing systems.

Global Palletizers Market was valued at USD 782.00 million in 2021 and is expected to reach USD 1218.45 million by 2029, registering a CAGR of 5.70% during the forecast period of 2022-2029. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, patent analysis and technological advancements.

Report Scope and Market Segmentation

Market Definition

A palletizer is a machine that allows commerce and products to be stacked in a predetermined order. It also makes de-palletizing or emptying of items possible. As a result, palletizers ensure efficiency and achieve operational greatness while being simple to work with; as a result, the use of programmed palletizers is expanding for a wide range of firms and industrial facilities.

Palletizers Market Dynamics

This section deals with understanding the market drivers, advantages, opportunities, restraints and challenges. All of this is discussed in detail as below:

Drivers

• High Demand across Food and Beverages Industry

The food and beverage industry has long been a major contributor to palletizer sales growth. Retailer needs are becoming more stringent as distributor rivalry intensifies and government requirements grow more stringent. As a result, the need for palletizing robots in the food and beverage industry has never been more critical.

Furthermore, the increasing diversity and its applications will further boost the growth rate of palletizers market. The eminence of the multinational on enhancing operational efficiencies and supply chain coupled with the declining prices for the highly advanced technology largely drive market value growth. The rising demand for SCARA robots in the food processing industry is also one of the market growth determinants.

Opportunities

• Implementation and Promotional Methods

The increase in implementation of human machine interface (HMI) within the industrial sector further extends profitable opportunities to the market players in the forecast period of 2022 to 2029. Additionally, the key players are adopting promotional methods to implement automated palletizers and achieve higher production rates, which will further expand the future growth of the palletizers market.

Restraints/Challenges

• High Overall Cost

The high hardware cost pooled with high support cost is estimated to create hindrances for the growth of the palletizers market.

• Not Suitable for Every Situations

Although the palletizers can adapt to most warehouse and factory environments, however, unusually sized pallets or products may require additional equipment or tools. This factor will challenge the palletizers market growth rate.

This palletizers market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized 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, geographic expansions, technological innovations in the market. To gain more info on the palletizers market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.

COVID-19 Impact on Palletizers Market

Coronavirus had negative impact on the palletizers market as it influenced the global import and export of construction materials. Because China is the world's largest exporter of construction materials, negative economic trends are expected to reduce worldwide imports and exports. Since the COVID-19 outbreak in December 2019, demand for new construction materials has shifted dramatically in the negative direction, with manufacturers and investors predicting a sharp slowdown in economic growth. Travel restrictions have had an impact on the construction materials trade all around the world. As a result, global supply and demand for construction materials were nearly stalled in 2020, while the situation was different in 2021. The worldwide construction materials market has been hampered by home quarantine orders imposed by governments, which have resulted in the cessation of construction material production. Sales of construction materials have been reduced and slowed globally due to lower consumer demand and consumption in the current economic year.

Recent Developments

• In April 2020, The AR-225 model was introduced by PremierTech. It's a quick robotic palletizer that can produce 25 bags per minute. With its pallet magazine and dispenser that can handle pallets of various sizes, this palletizing machine reduces downtime.

Global Palletizers Market Scope

The palletizers market is segmented on the basis of number of product, type and end-user. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Product

• Conventional Palletizers
• Robotic Palletizers

 Type

• Cases and Boxes
• Bags and Sacks
• Pails and Drums
• Trays and Crates
• Bundles

 End-user

• Food and Beverage Pharmaceuticals
• Personal Care and Cosmetics
• Chemicals
• Others

Palletizers Market Regional Analysis/Insights

The palletizers market is analyzed and market size insights and trends are provided by country, product, type and end-user as referenced above.

The countries covered in the palletizers 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, South Africa, Egypt, Israel, 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.

North America dominates the palletizers market in terms of market share and market revenue and will continue to flourish its dominance during the forecast period of 2022-2029. The market growth over this region is attributed to the strong economic growth and presence of key players within the region.

Asia-Pacific, on the other hand, is estimated to show lucrative growth over the forecast period of 2022-2029, due to the high adoption of robotics and automation in the manufacturing and commercial sectors in the emerging regions such as India and China.

The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the 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 Palletizers Market Share Analysis

The palletizers 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 palletizers market.

Some of the major players operating in the palletizers market are

• A-B-C Packaging Machine Corporation (U.S.)
• ABB (Sweden)
• Columbia Machine, Inc. (Columbia)
• Premier Tech Ltd., (Canada)
• 3M (U.S)
• Anchor Packaging LLC, (U.S)
• Berry Global Inc., (U.S)
• CeDo Ltd., (U.K)
• Dow (U.S.)
• FANUC Corporation (Japan)
• Kion Group AG (Germany)
• Kuka AG (Germany)
• Honeywell International Inc (U.S.)
• Krones AG (Germany)
• Wildeck (U.S.)
• Schneider Packaging Equipment Co. Inc. (U.S.)
• Okura Yusoki Co., Ltd. (Japan)
• Fuji Robotics Americas (U.S.)
• Concetti S.P.A (Italy)