Press release
Middle East and Africa Packaging Robots Market to Hit US$ 613.90 Million by 2028 to Grow Steady at 10.14% CAGR | Fanuc Corporation, Krones AG, Kuka AG
The Middle East and Africa packaging robots market is expected to reach US$ 613.90 million by 2028 from US$ 312.21 million in 2021; it is estimated to grow at a CAGR of 10.14% from 2021 to 2028.Packaging robots are the technologies used to automate the packaging operations across different industries such as consumer goods, consumer electronics, pharmaceuticals, e-commerce, food & beverage, chemicals, and personal care products sector. These robots are designed primarily for packaging operations such as material handling, moving or packing goods, sealing & labelling, and other tasks in order to sustain consistency, quality, and accuracy in packaging operations. There are primarily four different types of packaging robotic technologies used across different industries for packaging automation. This includes articulated robots, Cartesian robots, SCARA robots, and delta robots which are also called parallel link robots
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The major factors driving the growth of market are the rising demand for packaging robots from several industries and growing demand for reducing the overall operation costs across packaging sector. However, the high deployment cost of packaging robots hampers the market growth.
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Major Key players covered in this report:
• ABB
• Fanuc Corporation
• Krones AG
• Kuka AG
• Mitsubishi Electric Corporation
• Syntegon Technology GmbH (Bosch Packaging Technology)
• Schneider Electric SE
• Yaskawa Electric Corporation
MIDDLE EAST AND AFRICA PACKAGING ROBOTS MARKET SEGMENTATION
Middle East and Africa Packaging Robots Market, by Industry Verticals
• Food & Beverages
• Pharmaceuticals
• Consumer Electronics
• Others
Middle East and Africa Packaging Robots Market, by Application
• Primary Packaging
• Secondary Packaging
• Tertiary Packaging
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Reasons to buy the report
1. Determine prospective investment areas based on a detailed trend analysis of Middle East and Africa packaging robots market over the next years.
2. Gain an in-depth understanding of the underlying factors driving demand for different addictions therapeutics segments in the top spending countries and identify the opportunities offered by each of them.
3. Strengthen your knowledge of the market in terms of demand drivers, industry trends, and the latest technological developments, among others.
4. Identify the major channels driving the Middle East and Africa packaging robots market, providing a clear picture of future opportunities that will help analyze, resulting in revenue expansion.
5. Channelize resources by focusing on the ongoing programs undertaken by the different countries within the Middle East and Africa packaging robots market.
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