Press release
Global Packaging Automation Market Projected to Surpass $127.53 Billion by 2029 with 10.12% Annual Growth
Packaging Automation
The continuous rise of the e-commerce industry is expected to drive the growth of the packaging automation market. E-commerce involves buying and selling goods online, which has gained popularity due to its convenience, accessibility, and diverse product options. Packaging automation is integral to e-commerce as it helps streamline order fulfillment, reduce costs, enhance efficiency, and maintain packaging quality for large order volumes. According to the United States Census Bureau, U.S. e-commerce sales grew by 7.6% between the third quarters of 2022 and 2023. This increasing demand for e-commerce is pushing the growth of the packaging automation market.
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How will the growth rate of the packaging automation market shape industry trends by 2034?
The packaging automation market has expanded rapidly in recent years, expected to grow from $78.49 billion in 2024 to $86.72 billion in 2025, at a CAGR of 10.5%. This growth can be attributed to the increasing demand for packaging automation, the rise in secondary packaging automation, the need for automated packaging machines, and the growing adoption of automation solutions in various industries.
The packaging automation market is forecasted to grow rapidly, reaching $127.53 billion by 2029 at a CAGR of 10.1%. This growth is supported by the need to improve productivity and manufacturing efficiency, particularly in the food, beverage, pharmaceutical, and cosmetics sectors, along with the rising prominence of e-commerce. Trends include technological advancements in packaging, customized solutions, and the increasing use of robotics.
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What trends are poised to drive the future success of the packaging automation market?
Companies in the packaging automation market are advancing automated packaging solutions, such as vertical form-fill-seal systems, to enhance the efficiency of liquid packaging. These systems streamline the entire process from forming to sealing, ensuring high-quality packaging. For example, in November 2023, Sealed Air Corporation launched the CRYOVAC Brand 308A CE Vertical Form-Fill-Seal System, which is ideal for packaging liquids with superior protection, cost-efficiency, and a lightweight design.
Which primary segments of the packaging automation market are driving growth and industry transformations?
The packaging automation market covered in this report is segmented -
1) By Offering: Solution, Services
2) By Automation Type: Robotic Pick And Place Automation, Secondary Packaging Automation, Tertiary And Palletizing Automation
3) By Industry Vertical: Healthcare And Pharmaceuticals, E-Commerce And Logistics, Food And Beverage, Automotive, Chemical And Refinery, Aerospace And Defense, Other Industry Verticals
Subsegments:
1) By Solution: Automated Packaging Systems, Robotic Packaging Solutions, Conveyor Systems, Labeling and Coding Systems, End-Of-Line Packaging Equipment, Packaging Software Solutions
2) By Services: Consulting Services, System Integration Services, Maintenance And Support Services, Training Services, Customization And Upgrades
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Which geographical regions are pioneering growth in the packaging automation market?
North America was the largest region in the packaging automation market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the packaging automation market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Who are the influential players reshaping the packaging automation market landscape?
Major companies operating in the packaging automation market are Siemens AG, Mitsubishi Electric Corporation, Schneider Electric SE, Honeywell International Inc., Jabil Inc., ABB Ltd., Toshiba Corporation, Emerson Electric Co., Rockwell Automation Inc., Bosch Rexroth AG, Omron Corporation, Krones AG, Daifuku Co. Ltd., Dematic Corporation, KUKA AG, YASKAWA Electric Corporation, ATS Corporation, BEUMER Group GmbH & Co. KG, ProMach Inc., Kollmorgen Corporation, ACTEGA GmbH, Essel Propack Ltd., CFT S.p.A, JLS Automation LLP, Automated Packaging Systems Inc
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What Is Covered In The Packaging Automation Global Market Report?
•Market Size Forecast: Examine the packaging automation market size across key regions, countries, product categories, and applications.
•Segmentation Insights: Identify and classify subsegments within the packaging automation market for a structured understanding.
•Key Players Overview: Analyze major players in the packaging automation market, including their market value, share, and competitive positioning.
•Growth Trends Exploration: Assess individual growth patterns and future opportunities in the packaging automation market.
•Segment Contributions: Evaluate how different segments drive overall growth in the packaging automation market.
•Growth Factors: Highlight key drivers and opportunities influencing the expansion of the packaging automation market.
•Industry Challenges: Identify potential risks and obstacles affecting the packaging automation market.
•Competitive Landscape: Review strategic developments in the packaging automation market, including expansions, agreements, and new product launches.
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