Packaging Robots Market Size, Industry Growth, Share and Futuristic Developments During 2024-2031 | Bosch Packaging Technology, Schneider Electric SE

Packaging robots automate the process of handling and packaging various products. They are used in industries such as food & beverage, pharmaceutical, consumer goods, and others for functions including palletizing, case packing, tray packing, filling, and more.

Market Dynamics:

The packaging robots market is expected to witness significant growth over the forecast period owing to the growing adoption of packaging robots in the e-commerce industry. E-commerce sector has been growing at an exponential rate over the past few years. However, processing of a large volume of packages on a daily basis is a challenge for e-commerce companies. Packaging robots help automate the packaging process and improve efficiency. Furthermore, rising labor costs and shortage of labor are also estimated to drive the adoption of packaging robots across industries as they reduce the dependency on human workforce for repetitive packaging tasks. In addition, growing demand for customized and flexible packaging from end-use industries is estimated to propel the growth of the market during the forecast period.

The Global Packaging Robots Market was valued at US$ 5.57 Bn in 2022 and is expected to reach US$ 11.84 Bn by 2030, growing at a CAGR of 11.4% between 2022 and 2030.

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Major Key Players:

Mitsubishi Electric Corporation, Remtec Automation, LLC, Bosch Packaging Technology, Schneider Electric SE, KUKA Roboter GmbH, Brenton LLC, FANUC Corporation, Krones AG, Yaskawa Electric Corporation, and ABB Ltd

Detailed Segmentation:

Global Packaging Robots Market, By Gripping Type:
Clamp Type
Claw Type
Vacuum
Others

Global Packaging Robots Market, By Application:
Picking
Packing
Tray
Cases
Other
Palletizing
Case Palletizing
Bag Palletizing
De-palletizing

Global Packaging Robots Market, By End-use Industry:
Food
Beverages
Cosmetics & Personal Care
Pharmaceuticals
Tracking, Logistics,& Transport
Chemical Manufacturing
Consumer Goods
Other End Use Industries

Major Market Drivers for the Packaging Robots Market

Increasing demand for automation in packaging processes to reduce costs and improve efficiency

Automation has become increasingly important for packaging companies as it allows reducing labor costs and improving production efficiency. Packaging robots can perform repetitive and dangerous tasks much faster than human workers without breaks. They offer consistency in package quality and allow 24/7 operation. This is driving many companies to adopt packaging robots to reduce costs and improve throughput.

Growing demand from e-commerce and food and beverage industries

The explosive growth in e-commerce has led to a surge in packaging needs across different industries. E-commerce companies require packaging solutions that allow handling large order volumes efficiently. Similarly, the food and beverage industry also needs automation to meet consumer demand and ensure food safety. Both these industries are investing heavily in packaging robots to fulfill changing consumer needs efficiently. Their growing demand remains a key growth driver for the packaging robots market.

Major Market Restrain for the Packaging Robots Market

High initial investment requirements

Setting up an automated packaging line requires a significant capital expenditure on procuring robots, conveyors, end effector tools, wrapping devices, control systems etc. This high initial investment deters many small and medium packaging companies from automating processes. The payback period also tends to be long. Furthermore, any design or product change may require additional investments. The high upfront costs associated with packaging robots act as a key restrain for wider adoption.

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Major Market Opportunity for the Packaging Robots Market

Growing demand for customized and flexible packaging solutions

With changing consumer preferences, packages today need to be more customized and varied in shapes and sizes. They also require flexibility to accommodate design changes. Packaging robots offer advantages over fixed automation as they can handle diverse package styles with minimal changeover time. Their reprogrammable nature allows quick adaptation to packaging variations. This growing need for flexible packaging presents an opportunity for collaborative robots that can easily switch tasks.

Major Market Trend in the Packaging Robots Market

Adoption of collaborative robots or cobots

To make packaging robotics more accessible, collaborative robots (cobots) have emerged as a trend. Cobots are designed to safely work alongside human workers without the need for safety fences. They offer flexibility, affordability and ease of programming compared to traditional industrial robots. Cobots can handle tasks like picking and placing, product inspection, palletizing etc. More packaging companies are adopting cobots as they provide partial automation at lower costs. Their rising popularity remains an important trend shaping the future of the packaging robots industry.

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𝗙𝗔𝗤'𝗦:

What is the projected size of the Packaging Robots Market by 2031?
Which major countries will experience the greatest impact from the Packaging Robots Market?
Which regional market in the Packaging Robots Market is the largest?
Which leading companies dominate the majority of the Packaging Robots Market?
Which geographic market within the Packaging Robots Market industry is expected to exhibit the most significant growth potential?
What are the primary drivers of the Packaging Robots Market?
What are the current trends and future predictions for the global Packaging Robots Market industry?
What are the key strategies employed in the Packaging Robots Market?
What are the main growth prospects for the Packaging Robots Market?

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