Packaging Robots Market 2022: Industry Drivers, Opportunity, Growth, Regions and Forecast by 2027
The latest report by IMARC Group, titled “Packaging Robots Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027,” offers a comprehensive analysis of the industry, which comprises insights on packaging robots market segments. The report also includes competitor and regional analysis, and contemporary advancements in the global market. The global packaging robots market reached a value of US$ 2,763.7 Million in 2021. Looking forward, IMARC Group expects the market value to reach US$ 6,227.5 Million by 2027, expanding at a CAGR of 13.20% during the forecast period (2022-2027).
Packaging robots represent industrial robot systems designed to move or pack items, handle materials, and seal and label them. They are of several types, such as articulated, selective compliance assembly robot arm or SCARA, cartesian, and delta robots. These packaging robots are integrated into manufacturing facilities to allow goods to be packed with accuracy, quality, and consistency. They are more flexible, reliable, and cost-effective as compared to humans on account of multiple benefits, which include reduced instances of faulty packaging, faster delivery time, and improved productivity. As a result, packaging robots find extensive applications across various sectors, including consumer goods, food and beverage (F&B), pharmaceuticals, chemicals, electronics, logistics, etc.
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Market Trends:
The increasing need to automate the packaging production line to minimize labor costs and improve safety in the work environment, thereby reducing the damage to products, is among the key factors driving the packaging robot’s market. In addition to this, the shifting preferences toward decreasing operational costs and the inflating demand for high-quality products from consumers are acting as significant growth-inducing factors. Apart from this, the escalating usage of robots in the e-commerce industry to perform labor-intensive manual item-picking tasks is also positively influencing the global market. Moreover, the rising investments by leading market players in the modernization of manufacturing facilities to enhance productivity and output and the growing availability of low-cost industrial robots are further stimulating the market growth. Besides this, the expanding employment of automated packaging in the pharmaceutical segment to ensure proper labeling, capping, and collation is anticipated to propel the packaging robots market over the forecasted period.
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Competitive Landscape with Key players:
The report has also analysed the competitive landscape of the market with some of the key players being.
- ABB Ltd.
- Fanuc Corporation
- FIPA GmbH
- KRONES AG
- KUKA AG
- MIP Robotics
- Mitsubishi Electric Corporation
- ProMach Inc.
- Remtec Automation LLC
- Schneider Electric SE
- Syntegon Holding GmbH
- Yaskawa America Inc. (Yaskawa Electric Corporation)
Packaging Robots Market Segmentation:
Our report has categorized the market based on region, gripper type, application and end user.
Breakup by Gripper Type:
- Clamp
- Claw
- Vacuum
- Others
Breakup by Application:
- Picking and Placing
- Packing
- Tray Packing
- Case Packing
- Filling
- Others
- Palletizing
- Case Palletizing
- Bag Palletizing
- De-Palletizing
Breakup by End User:
- Food and Beverage
- Pharmaceutical
- Consumer Products
- Logistics
- Others
Breakup by Region:
- North America (United States, Canada)
- Europe (Germany, France, United Kingdom, Italy, Spain, Others)
- Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)
Key highlights of the report:
- Market Performance (2016-2021)
- Market Outlook (2022-2027)
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
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