Packaging Automation Market 2020: Technological Innovation and Emerging Trends Outlook To 2025

Cappers in the packaging automation market will account for the majority of the industry share in the coming years. This equipment is experiencing high demand in the pharmaceutical and food & beverage industry for packing small plastic parts. Companies operating in these industries are installing automatic capping machine in their production facilities to speed up the production process and to gain accuracy in their systems. Manufacturers are developing products, which can handle various caps such as metal, flat, round, Yorker, and sport caps.

High development and maintenance costs associated with these machines are restraining the packaging automation market growth. The integration of advanced technologies and the requirement for skilled labor will increase the overall costs for these machines. Moreover, regular and continuous operation of the machines requires proper and periodic maintenance, resulting in additional costs. In addition, the presence of stringent government regulations related to workers safety during the usage of automated packing techniques in the industry are hampering the industry growth.

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With the growing technological advancements, the need and requirement for machines enabled with intelligent packing, IoT technology, and smart sensors are increasing. IoT enabled packaging automation machines enable remote monitoring, evaluation, and control of the processes and functions that can be operated using smartphones, personal computers, and laptops. This technology enables managers and operators to estimate the effectiveness and reliability in the process of these automated products.

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.

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 market growth.

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

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Methodology Used in This Report:-

Our researchers and domain experts use a unique blend of primary and secondary research, with validation and iterations at every stage, in order to minimize deviation and present the most accurate analysis of the packaging automation market. The research process begins with extensive data mining, using authentic sources such as trade magazines, technical publications, independent studies along with paid avenues such as ICIS, Hoovers, etc. Primary objectives of data mining include:
• Definition and scope of research
• Packaging Automation Market dynamics, growth drivers and industry pitfalls
• Regulatory and political guidelines for the industry
• Demographics and statistical data

All the above factors are identified and analyzed in detail, with their present and expected market impact, which is quantified and used to derive market growth expectation. Market forecast is built using statistical analysis with models built around time-variance, regression and correlation analytics.
Significant emphasis is put on primary research, which serves the dual role or not only validating our findings but also obtaining penetrating packaging automation market. insights, which help us gain more clarity regarding business environment and competitive leverage. Notable participants in our primary research process include:
• Leadership figures such as CEOs, CSOs, VPs etc. in key companies
• Supply-chain participants, distributors and domain experts
• Key customers and B2B clients

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