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Packaging Automation Market Trends, Size, Share, Report, Forecast 2024-2032
Packaging Automation Market OverviewAccording to a new report by Expert Market Research titled, "Global Packaging Automation Market Share, Size, Analysis, Report and Forecast 2024-2032″, the packaging automation market size is projected to expand at a CAGR of 5.4% between 2024 and 2032. Aided by the expanding e-commerce sector and the increasing need for efficient supply chains, the market is expected to grow significantly by 2032.
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Packaging automation refers to the comprehensive process which involves the usage of automated systems and machinery in the packaging processes of products. These automated systems not only increase the efficiency of the packaging process but also enhance the accuracy, thereby reducing potential human errors. They are extensively utilised in various sectors such as food & beverage, pharmaceuticals, automotive, and electronics, to name a few.
The upswing in the e-commerce sector is one of the primary drivers behind the rise of the global packaging automation market growth. As the number of online shoppers surges worldwide, there is an increasing need for faster and more efficient packaging systems that can handle a higher volume of products, ensuring timely delivery. Automated packaging solutions are aptly fulfilling this growing demand, ensuring that products are securely packaged, and ready for shipment in less time than manual packaging processes.
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Additionally, sustainability has emerged as a global concern, leading many companies to seek eco-friendly packaging solutions, which propels the packaging automation market demand. The automation in packaging often provides the capability to reduce waste and ensure optimal use of resources, making it not just a cost-effective but also an environmentally friendly option.
Pharmaceutical companies are significantly benefiting from packaging automation. The necessity for accurate and contamination-free packaging in the pharmaceutical industry cannot be stressed enough. As per the packaging automation market analysis, automated packaging solutions guarantee the precision required, ensuring patient safety and adherence to stringent regulations.
The electronics industry, with its array of fragile and high-value products, relies heavily on packaging automation. Automated systems ensure these products are packaged securely, minimising the risk of damage during transportation. This, in turn, leads to reduced returns and increased customer satisfaction. Moreover, the continuous technological advancements in the field of robotics and Artificial Intelligence (AI) are some of the crucial packaging automation market trends that are further elevating the capabilities of packaging automation systems.
Packaging Automation Market Segmentation
The market can be divided based on offering, automation type, end use, and region.
Market Breakup by Offering
Solution
Filling
Labelling
Case Packaging
Bagging
Palletising
Capping
Wrapping
Others
Services
Consulting
Support and Maintenance
Installation and Training
Market Breakup by Automation Type
Robotic Pick and Place Automation
Secondary Packaging Automation
Tertiary and Palletising Automation
Market Breakup by End Use
E-commerce and Logistics
Food and Beverage
Healthcare and Pharmaceuticals
Automotive
Chemical and Refinery
Aerospace and Defence
Others
Market Breakup by Region
North America
Europe
Asia Pacific
Latin America
Middle East and Africa
Competitive Landscape
The EMR report looks into the market shares, plant turnarounds, capacities, investments, and mergers and acquisitions, among other major developments, of the leading companies operating in the global packaging automation market. Some of the major players explored in the report by Expert Market Research are as follows:
Rockwell Automation Inc.
Mitsubishi Electric Corporation
Emerson Electric Co.
Kollmorgen Corporation
MULTIVAC Sepp Haggenmüller SE & Co. KG
ULMA Group
Siemens AG
ABB Ltd
Coesia S.p.A.
Syntegon Technology GmbH
Swisslog Healthcare AG
Sealed Air Corporation
Others
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