Packaging Automation Market Growth Driven by E-Commerce Expansion and Demand for Cost-Effective Manufacturing Solutions

InsightAce Analytic Pvt. Ltd. announces the release of a market assessment report on the "Global Packaging Automation Market Size, Share & Trends Analysis Report By Offering (Solution, Services), Automation Type (Robotic Pick & Place Automation, Secondary Packaging Automation, Tertiary & Palletizing Automation), And Industry Vehicle (Healthcare & Pharmaceuticals, E-Commerce & Logistics, Food & Beverage, Automotive, Chemical & Refinery, Aerospace & Defense)- Market Outlook And Industry Analysis 2031"

The global packaging automation market is estimated to reach over USD 166.14 billion by 2031, exhibiting a CAGR of 10.11% during the forecast period.

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Packaging automation refers to the process of executing packaging operations without direct human intervention. This strategic approach enables manufacturing and packaging companies to enhance productivity while minimizing labor requirements, thereby optimizing resource utilization. The adoption of packaging automation reduces labor dependency, improves packing efficiency and consistency, and maximizes the use of available floor space.

Furthermore, automated packaging systems enhance product quality while lowering overall packaging costs. The integration of automation and robotics has significantly increased the productivity and efficiency of manufacturing processes. Over the past few decades, manufacturing lines worldwide have undergone substantial transformation due to the adoption of advanced automation technologies. In response to growing competitive pressures and the need to accelerate production turnaround times, manufacturers globally are increasingly adopting automation to sustain high levels of operational efficiency.

The market growth is primarily driven by the significant advantages offered by packaging automation systems. However, the high initial capital investment required for implementation remains a key barrier, particularly for smaller enterprises, which has slowed the pace of adoption, especially during the economic challenges brought on by the pandemic.

List of Prominent Players in the Packaging automation market:
• Rockwell Automation, Inc.
• Mitsubishi Electric Corporation
• Swisslog Holding AG
• ABB Ltd.
• Kollmorgen Corporation
• ULMA Packaging
• Multivac Group
• Coesia SpA
• Emerson Electric Co.
• Falcon Autotech Private Limited

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Market Dynamics
Drivers:
The rapid increase in online shopping has emerged as one of the most significant market trends in recent years. In developing economies such as China and India, the adoption of e-commerce is growing at a remarkable pace. The thriving e-commerce sector is driving demand for packaging automation, as there is a substantial need for packaging equipment at various stages of e-commerce operations, including primary and secondary packaging, labeling, coding, and product marking. In addition to protecting products from damage, innovative and aesthetically appealing packaging designs influence consumer purchasing decisions and help businesses differentiate themselves in a competitive market.

Challenges:
The high costs associated with the design and maintenance of automated packaging systems are a key constraint on market growth. The integration of advanced technologies and the requirement for skilled labor contribute to increased overall costs. Additionally, regular and consistent maintenance is essential to ensure the smooth operation of these systems, further adding to operational expenses. Furthermore, stringent government regulations regarding worker safety when operating automated packaging equipment present an additional challenge to the industry's expansion.

Regional Trends:
Europe holds the largest share of the packaging automation market, primarily driven by the rapid adoption of advanced technologies and the presence of a robust manufacturing sector. The region is home to numerous packaging automation providers offering a broad range of automated solutions across industries such as food and beverages, logistics and warehousing, retail, healthcare, chemicals, automotive, and aerospace and defense. The Asia-Pacific region is expected to witness the highest compound annual growth rate (CAGR) during the forecast period, fueled by the increasing adoption of automated solutions in the manufacturing, e-commerce, and healthcare sectors. The rising demand for packaged food and beverages, particularly in countries like China and India, is further driving the need for corrugated packaging, thereby supporting the growth of the packaging automation market in the region.

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Recent Developments:
• In August 2022, Maxpack Machinery LLC unveiled Leap by Max pack, a ground-breaking piece of packaging machinery that enables the client to pay overtime. Leap is a product that Maxpack created in response to the growing Buy Now, Pay Later market. Premium packages of the automation gear are offered, and payments can be made over an 18-month period without interest or credit.
• In May 2022, the TSA 400, a newly created compact tray sealer, was unveiled by ULMA Packaging. It is anticipated that it will be featured at the next IFFA 2022. The TSA 400 is a highly adaptable device, according to the manufacturer, capable of working in SKIN, MAP, LEAFSKINTM, and LEAFMAPTM settings. Due to its small size and high-speed output of only 2.3 meters.

Segmentation of the Packaging Automation Market-
By Offering-
• Solution
o Case Sealers & Erectors
o Wrappers
 Stretch Wrappers
 Flow Wrappers
 Shrink Wrappers
o Filling
o Sleevers & Cartoners
o Markers & Labelers
o Strappers
o Palletizer and Depalletize
o Automated Mailer Systems
o Case Packers
 Vertical/Top Load Case Packer
 Wrap-around Load Case Packer
 Horizontal/Side Load Case Packer
 Others
• Services
o Consulting
o Support & Maintenance
o Installation & Training
By Automation type-
• Robotic Pick & Place Automation
• Secondary Packaging Automation
• Tertiary & Palletizing Automation
By Industry Vehicle-
• Healthcare & Pharmaceuticals
o Healthcare & Pharmaceutical Manufacturing Companies
o Contract Manufacturing Organizations
• E-commerce & Logistics
o E-commerce
o Contract Packaging
o Logistics Companies
• Food & Beverage
• Automotive
• Chemical & Refinery
• Aerospace & Defense
• Others
By Region-
North America-
• The US
• Canada
• Mexico
Europe-
• Germany
• The UK
• France
• Italy
• Spain
• Rest of Europe
Asia-Pacific-
• China
• Japan
• India
• South Korea
• South East Asia
• Rest of Asia Pacific
Latin America-
• Brazil
• Argentina
• Rest of Latin America
Middle East & Africa-
• GCC Countries
• South Africa
• Rest of Middle East and Africa

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This release was published on openPR.