Global Palletizer Market 2021 Outlook with Key Industry Manufacturers - A-B-C Packaging Machine Corp, ABB Ltd, Honeywell Intelligrated

Latest released, the research study on Global Palletizer Market Report Forecast 2021 - 2026, offers a detailed overview of the factors influencing the global business scope. Palletizer Market research report shows the latest market insights, current situation analysis with upcoming trends and breakdown of the products and services. The report provides key statistics on the market status, size, share, growth factors of the Palletizer. The study covers emerging player's data, including competitive landscape, sales, revenue and global market share of top manufacturers are: A-B-C Packaging Machine Corp, ABB Ltd, Honeywell Intelligrated, Krones AG, Schneider Packaging Equipment Co. Inc., etc. 

The palletizer market was valued at USD 2.37 billion in 2020 and expected to reach USD 3.27 billion by 2026 and grow at a CAGR of 5.34% over the forecast period (2021-2026). 

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Industry News and Updates:

- In April 2019 - Honeywell Intelligrated announced a new automated robotic solution for unloading a wide range of packages from truck trailers and shipping containers at distribution centers.
- In 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

Regional Analysis:

North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia and Australia)
South America (Brazil, Argentina, Colombia)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)

United States to Occupy Significant Market Share

- The United States is one of the largest and most advanced markets for adopting new and innovative palletizing solutions. The strong economy, with notable port traffic, increased e-commerce activity, and key manufacturing indices, results in significant growth in manufacturing and is poised to drive the demand for palletizing solutions in the country.
- Sectors, including retail, automotive, food and beverage, and pharmaceutical, are the largest sources of demand for such solutions in the country. Prior to COVID-19, it was estimated that the US shipments of corrugated packaging exceeded 470 billion square feet by 2025 annually. The need for transportation of the products for the food and beverage industry to maintain an SKU that is cost-effective for shipping has resulted in the widespread adoption of the organization's palletizing solutions irrespective of their size.
- Post pandemic, this number is expected to be higher than the estimated owing to the increased demand to keep the actual product safer and highly sanitized.
- According to CBRE, the e-commerce retail sales grew by 25% during the quarter ending June 2020, in the country, reflecting the consumer shift to e-commerce, while grocery stores and building and garden suppliers each saw a 13% growth over this period. With such an increase in the e-commerce industry, it is expected that the actual share would surpass the previously predicted value in the e-commerce industry in the country, which would significantly increase the demand for the palletizers across warehouses and DCs.
- Before a pandemic, the country has been witnessing demand for robotic palletizers. The country has seen a few product launches owing to this. For instance, in March 2019, ESS Technologies released The Dual Cell-E Robotic Palletizer, which integrates a FANUC robot with custom-designed end-of-arm tooling (EOAT) to create a cost-effective, efficient, end-of-line solution for palletizing in a small footprint.

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