Packaging Robots Market Size & Growth Analysis to 2030

The global packaging robots market size is projected to grow at a significant CAGR of around 9% during the forecast period 2021 to 2027. The increasing adoption of automated equipment in various end-use industries is a major factor to drive market growth. Furthermore, the increasing adoption of robotic packaging to reduce cost and provide better efficiency is anticipated to boost market growth. Moreover, the fast-growing retail and e-commerce industry is projected to spur market growth over the forecast period. However, high installation costs and the lack of skilled professionals are some factors to restrain the market growth.

Market Drivers:

Increasing demand for automation in packaging: With the rise in global manufacturing and e-commerce industries, there is a growing need for automation in packaging processes. Packaging robots offer speed, accuracy, and efficiency in packaging operations, reducing manual labor and improving productivity. As companies seek to streamline their packaging operations and meet the demands of a rapidly changing market, the demand for packaging robots is increasing.

Cost reduction and operational efficiency: Packaging robots help companies reduce labor costs and increase operational efficiency. By automating packaging tasks, companies can achieve faster packaging speeds, consistent product quality, and reduced error rates. Packaging robots also optimize space utilization, minimize material waste, and enable flexible packaging configurations. These benefits contribute to cost savings and improved overall operational efficiency for businesses.

Growing emphasis on product safety and hygiene: In industries such as food and beverage, pharmaceuticals, and healthcare, product safety and hygiene are paramount. Packaging robots ensure that packaging processes are carried out in a clean and controlled environment, minimizing the risk of contamination or product damage. Automated packaging also reduces human contact with products, enhancing safety and hygiene standards.

Technological advancements in robotics: The continuous advancements in robotics technologies, including machine vision, artificial intelligence (AI), and collaborative robotics, have significantly improved the capabilities and performance of packaging robots. Advanced robotics systems can handle complex packaging tasks, adapt to different product sizes and shapes, and integrate seamlessly with other manufacturing processes. The evolution of robotics technology drives the adoption of packaging robots across various industries.

Increase in customization and personalization: Consumer preferences for customized and personalized products are driving companies to offer a wide range of product variations and packaging options. Packaging robots enable efficient handling and packaging of diverse product configurations, ensuring accurate customization and personalization. These robots can quickly switch between different packaging formats, label designs, and product combinations, meeting the growing demand for customized packaging.

Growing e-commerce and online retail market: The booming e-commerce and online retail sectors require efficient packaging solutions to handle the increasing volume of orders. Packaging robots enable automated order fulfillment, packaging, and labeling, improving order accuracy, reducing shipping times, and enhancing customer satisfaction. The scalability and speed offered by packaging robots are crucial for meeting the demands of e-commerce and online retail operations.

Focus on sustainability and eco-friendly packaging: The rising environmental concerns and the emphasis on sustainable packaging practices are driving the adoption of packaging robots. These robots optimize material usage, minimize packaging waste, and support the use of eco-friendly packaging materials. By automating packaging processes, companies can achieve sustainable packaging practices, reducing their carbon footprint and aligning with environmentally conscious consumer preferences.

Integration with digital technologies and connectivity: Packaging robots are increasingly integrated with digital technologies and connectivity, enabling real-time monitoring, data analytics, and predictive maintenance. Connected packaging robots provide valuable insights into packaging operations, helping companies identify bottlenecks, optimize workflows, and improve overall efficiency. The integration with digital technologies enhances the capabilities of packaging robots and contributes to their market growth.

Market Outlook:

Market Insights:

The global packaging robots market is segmented into application, end-use, and geography. On the basis of application, the market is further classified into pick & place, packing, and palletizing. The pick and place segment dominated the global market in 2020 and estimated to hold the largest revenue share of over one-third percent of the market. The segment is also estimated to grow at the fastest growth rate over the forecast period. The improved efficiency and low cost are some major factors to drive the segment growth. In contrast, the palletizing segment is accounted to grow at the slowest growth rate over the forecast period.

On the basis of end-use, the global packaging robots market is bifurcated into food & beverage, pharmaceutical, consumer products, logistics, and others. The pharmaceutical segment is expected to grow at a significant growth rate over the forecast period. In pharmaceuticals, automated packaging is required to ensure proper capping, labeling, and matching; this requirement is anticipated to increase the demand for robotic packaging, which is expected to boost the market growth in the pharmaceutical sector.

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The packaging robots comprehensive study offers an in-depth analysis of industry trends, market size, competitive analysis, and market forecast – 2021 to 2027. Research Corridor report provides detailed premium insight into the global market and reveals the potential revenue streams, commercial prospects, market drivers, challenges, opportunities, issues, and events affecting the industry. In addition, the report has a dedicated section covering market forecasts and analysis for leading geographies, profiles of major companies operating in the market and expert opinion obtained from interviews with industry executives and experts from prominent companies.

The packaging robots market research report presents the analysis of each segment from 2018 to 2027 considering 2020 as the base year for the research. The compounded annual growth rate (CAGR) for each respective segment is calculated for the forecast period from 2021 to 2027.

Historical & Forecast Period

• 2018-19 – Historical Year
• 2020 – Base Year
• 2021-2027 – Forecast Period

Market Segmentation:

By Application:

• Pick & Place
• Packing
• Palletizing

By End-Use:

• Food & Beverage
• Pharmaceutical
• Consumer Products
• Logistics
• Others

By Region:

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa

Geographic Coverage:

Geographically, the packaging robots market report comprises dedicated sections centering on the regional market revenue and trends. The packaging robots market has been segmented on the basis of geographic regions into North America, Europe, Asia Pacific, and the Rest of the World (RoW). The RoW segment consists of Latin America and the Middle East & Africa. The packaging robots market has been extensively analyzed on the basis of various regional factors such as demographics, gross domestic product (GDP), inflation rate, acceptance, and others. Packaging robots market estimates have also been provided for the historical years 2018 & 2019 along with forecasts for the period from 2021 – 2027.

Competition Assessment:

Some of the significant market players operating in the global packaging robots market are ABB Ltd., Brenton Engineering, FANUC Corporation, Krones AG, and KUKA Roboter GmbH. Companies are exploring markets through expansion, new investment, the introduction of new services, and collaboration as their preferred strategies. Players are exploring new geography through expansion and acquisition to gain a competitive advantage through joint synergy.

Key Companies:

• ABB Ltd.
• Brenton Engineering
• FANUC Corporation
• Krones AG
• KUKA Roboter GmbH
• Mitsubishi Electric Corporation
• Remtec Automation, LLC
• Robert Bosch GmbH
• Schneider Electric
• Yaskawa America

Key Questions Answered by Packaging Robots Market Report

• Global packaging robots market forecasts from 2021-2027
• Regional packaging robots market forecasts from 2021-2027 covering Asia-Pacific, North America, Europe, Middle East & Africa, and Latin America
• Country-level forecasts from 2021-2027 covering 15 major countries from the aforementioned regions
• Packaging robots submarket forecasts from 2021-2027 covering the market by application, by end-use, and geography
• Various industry models such as SWOT analysis, Value Chain Analysis pertaining to the packaging robots market
• Analysis of the key factors driving and restraining the growth of the global, regional, and country-level packaging robots markets from 2021-2027
• Competitive Landscape and market positioning of top 10 players operating in the packaging robots market