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Palletizer Market 2020 Strategic Assessment - A-B-C Packaging Machine Corp, ABB Ltd, Honeywell Intelligrated, Krones AG

05-15-2020 02:56 PM CET | Logistics & Transport

Press release from: Market Insights Reports

Palletizer Market

Palletizer Market

Palletizer - A Market Overview and Forecast 2020 - 2025, This report presents a profound evaluation of basic elements of Palletizer industry such as production scale and profit generation. Market driving factors, newly adopted technologies, latest business methodologies have been discussed in this report. The report also forecasts the potential of the market and reviews thorough analysis of vital segments and regional markets.

The palletizer market accounted for USD 2.37 billion in 2019 and is expected to touch USD 3..27 billion by 2025, at a CAGR of 5.34% during (2020 - 2025).

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The Palletizer Market is competitive owing to the presence of various international and domestic manufacturers. The market appears to be fragmented with the vendors competing in terms of price, capacity, volume, product quality, and technological innovation in the market. Some of the major players in the market are A-B-C Packaging Machine Corp, ABB Ltd, Honeywell Intelligrated, Krones AG, Schneider Packaging Equipment Co. Inc., etc

- A palletizer is a machine that enables the automatic stacking of goods and products. It also enables the depalletizing or unloading of goods. Thus the palletizers ensure time-saving and achieve operational excellence coupled with ease to operate, thereby, the use of automatic palletizers is growing on a large scale at industries and factories.
- Moreover, the Census of Fatal Occupational Injuries, which has been conducted under the U.S. Bureau of Labor Statistics, has established that workplace injuries have decreased by 25% in 10 years, due to the advent of various technologies in the workplace. Thus, when considering the safety that robotic palletizer offers compared to a person stacking and lifting, the overall savings are more significant and palletizers continue to prove profitable for packaging and packing products.
- However, the high equipment cost coupled with high maintenance cost is acting as a restraint for the market during the forecast period.

Scope of the Report

An automatic palletizer is a machine that enables the automatic stacking of goods and products. It also enables the depalletizing or unloading of goods. Robotic palletizers provide a viable method to reduce operational costs and improve work efficiency for industries that employ the manual workforce for repetitive tasks, such as loading/unloading goods, packaging, and palletizing. Owing to the intense growth in demand in sectors such as food & beverage, healthcare, and others across the globe, the future scope for the market also increases.

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Competitive Insights

February 2019 - Wildeck, Inc. introduced a new product in addition to its family of material handling products i.e.the Pallet Drop Zone (DZ) Safety Gate. As one side of the DZ gate is raised the other closes. This ensures that the elevated ledge is protected at all times, safeguarding personnel and palletized materials from falls
February 2018 - Columbia Machine introduced HL9200 palletizer, which is designed to provide flexibility by incorporating variable lane position technology with soft turn case handling; and two configurable layer tables to provide stable layer forming.

Pharmaceutical Packaging Offers Potential Growth

- With a high level of specification in the pharmaceuticals packaging industry and increasing demand for integration of track-and-trace serialization technology, palletizer is to grow among the other types of packaging machinery.
- Further, to ensure high precision and accuracy, many pharmaceuticals packaging plants are constantly automating their final product with the palletizing robot due to the demand for increased productivity. Their compact design makes palletizers ideal for small space and depalletizers provide an efficient means to sort containers from bulk layered pallets onto a conveyor or conveying system. This also ensures a safe environment free of toxins and contaminants because of chemicals used in manufacturing drugs.
- The packaging of the pharmaceutical products is very important with regard to its stability, acceptance to the patient, transport, etc and palletizing is one of its important machinery because it helps in proper stacking and transportation of products without any error.
- Moreover, the growing demand for unit dosing and small-size pharmaceuticals have a positive impact on the palletizer market. The palletizer speed capacity which can continuously work in the same mode, without any interruption results in cost reduction and increases in productivity and thus helps in fulfilling the demand.
- Thus, with the advancement and improvement of the pharmaceutical packaging, palletizer is also expected to grow along with that.

Furthermore, this study will help to solve the following issues:

Cyclical dynamics-Report foresees dynamics of industries by using core analytical and unconventional market research approaches.
Identifying key cannibalizes- Strong substitute of a product or service?is that the?most prominent threat. Report includes key cannibalizes of a market, by procuring?marketing research. This helps in aligning new product development/launch strategies?before.
Spotting emerging trends- Report helps?to identify?upcoming hot market trends. Report also track possible impact and disruptions which a market would witness by?a specific?emerging trend.
Interrelated opportunities-This report will allow making decisions based on data, thereby increasing the chances that the strategies will perform better.

Customization of the Report:

The report could be customized according to the client's specific research requirements. No additional cost will be required to pay for limited additional research.

CONTACT US:

Irfan Tamboli (Head of Sales) - Market Insights Reports

Phone: + 1704 266 3234 | +91-750-707-8687

sales@marketinsightsreports.com | irfan@marketinsightsreports.com

ABOUT US:

MarketInsightsReports provides syndicated market research on industry verticals including Healthcare, Information and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc. MarketInsightsReports provides global and regional market intelligence coverage, a 360-degree market view which includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.

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