Packaging Robots Market Segmentation and Industrial Overview Forecast 2022-2027

The latest report by IMARC Group, titled "Packaging Robots Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027," offers a comprehensive analysis of the industry, which comprises insights on packaging robots market. The report also includes competitor and regional analysis, and contemporary advancements in the global market. The global packaging robots market reached a value of US$ 2,763.7 Million in 2021. Looking forward, IMARC Group expects the market value to reach US$ 6,227.5 Million by 2027, expanding at a CAGR of 13.20% during the forecast period (2022-2027).

Packaging robots are robot systems designed to perform labor-intensive work in a faster, cheaper and cost-effective manner. They offer multiple advantages during the process of packaging, such as flexibility, accuracy, and consistency. They are widely integrated with controls and intuitive human-machine interfaces with advanced sensing and software that are easy to use. As a result, they are extensively used across various industries, such as food and beverage, pharmaceutical, logistics and electronics.

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We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.

Global Packaging Robots Market Trends:

The global market is majorly driven by significant growth in the food and beverage industry. This, along with the improving sanitization awareness across the food industry, is contributing to the widespread preference for robots in automated production lines, thus driving the market growth. Furthermore, the development of new software and technologies by the leading players to mimic human movements is creating a positive outlook for the market. Moreover, the increasing product demand from the pharmaceutical industry to perform various operations is further catalyzing the market growth. Additionally, considerable growth in the e-commerce industry and extensive research and development (R&D) activities are also providing a boost to the market growth.

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Competitive Landscape with Key players:

The report has also analysed the competitive landscape of the market with some of the key players being.
• ABB Ltd.
• Fanuc Corporation
• FIPA GmbH
• KRONES AG
• KUKA AG
• MIP Robotics
• Mitsubishi Electric Corporation
• ProMach Inc.
• Remtec Automation LLC
• Schneider Electric SE
• Syntegon Holding GmbH
• Yaskawa America Inc. (Yaskawa Electric Corporation)

Packaging Robots Market Segmentation:
Our report has categorized the market based on region, gripper type, application and end user.

Breakup by Gripper Type:
• Clamp
• Claw
• Vacuum
• Others

Breakup by Application:
• Picking and Placing
• Packing
o Tray Packing
o Case Packing
o Filling
o Others
• Palletizing
o Case Palletizing
o Bag Palletizing
o De-Palletizing

Breakup by End User:
• Food and Beverage
• Pharmaceutical
• Consumer Products
• Logistics
• Others

Breakup by Region:
• North America (United States, Canada)
• Europe (Germany, France, United Kingdom, Italy, Spain, Others)
• Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
• Latin America (Brazil, Mexico, Others)
• Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)

Key highlights of the report:
• Market Performance (2016-2021)
• Market Outlook (2022-2027)
• Porter's Five Forces Analysis
• Market Drivers and Success Factors
• SWOT Analysis
• Value Chain
• Comprehensive Mapping of the Competitive Landscape

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This release was published on openPR.