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Packaging Automation Market Outlook | Development Factors, Latest Opportunities and Forecast 2025

11-12-2019 02:24 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Global Market Insights, Inc.

/ PR Agency: Packaging Automation Market
Packaging Automation Market

Packaging Automation Market

The study on the global Packaging Automation Market evaluated the historical and current performance of this market, especially highlighting the key trends and growth opportunities. According to the study, the rising demand for this product is driving the global market significantly. The expansion in the various related industry is also expected to reflect positively on the sales of the product over the next few years.

Automated packaging machines are highly used for sorting and tracking tasks in the manufacturing industry for speeding up the production process. The implementation of automated conveyors in the production line helps in the efficient transportation of equipment or materials to each production station. Moreover, the usage of these automated belts can sort, weigh, and monitor heavy loads and also provides a smooth packaging flow management, and ensuring the quality of packaging. With the increase in the usability of these machines, the demand for packaging automation market will increase.

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The rapid growth of the pharmaceutical industry will increase the demand for sustainable packaging solutions in the coming years. According to the International Federation of Pharmaceutical Manufacturers and Association (IFPMA), the global pharmaceutical market is estimated to reach USD 1,430 billion by 2020. With the constant growth of the industry, the demand for sophisticated packaging for protecting pharmaceutical drugs from environmental conditions and to prevent modification of their chemical properties will increase.

The pharmaceutical manufacturers are investing highly in packaging robots to improve operations and services. The implementation of automated machines for packaging small plastic parts such as bottles, caps & closures, catheters, syringes, inhalers, disposables, and other medical devices reduces operator failures and increases the product quality and patient safety. These factors will spur the demand for packaging automation market.

The Asia Pacific packaging automation market accounted for the majority of the industry share owing to the rising industrialization and increasing penetration of these devices in the manufacturing activities in countries including China, India, Australia, Singapore, and Japan. Favorable government initiatives for the development of infrastructure and the adoption of advanced technologies will further propel the packaging automation market growth.

For instance, the Chinese government announced the 12th Five-Year Plan for advanced manufacturing, which includes restructuring the industrial sector with a strong focus on moving toward high-end machinery. Moreover, the presence of established players and easy availability of raw material are boosting technological innovations of the market in this region.

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Key players operating in packaging automation market include BEUMER Group GmbH & Co., Rockwell Automation, Mitsubishi Electric Corp., Automated Packaging Systems, Linkx Packaging, Siemens AG, Swisslog Holding AG, SATO Holdings, Kollmorgen Corporation, ABB Ltd, Schneider Electric SE, and Emerson Electric Co., among others. These players are focusing on product development strategies through various partnerships and long-term collaborations & acquisitions.

Contact Us:

Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone: 1-302-846-7766
Toll Free: 1-888-689-0688
Email: sales@gminsights.com

About Global Market Insights:

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology

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