Packaging Automation Market Set for Rapid Growth with Increasing Adoption in E-Commerce and Food & Beverage Industries

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 166.14 billion by the year 2031 , exhibiting a CAGR of 10.30% during the forecast period.

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Packaging automation refers to the use of automated systems to perform packaging tasks without the need for direct human involvement. This approach allows manufacturing and packaging companies to improve productivity while reducing labor costs, thereby optimizing resource utilization. The implementation of packaging automation reduces reliance on manual labor, enhances packing efficiency and consistency, and maximizes the utilization of available floor space.

Additionally, automated packaging systems contribute to higher product quality and lower overall packaging expenses. The integration of automation and robotics has significantly boosted the productivity and efficiency of manufacturing processes. Over the past few decades, the adoption of advanced automation technologies has transformed manufacturing lines globally. To remain competitive and meet the demand for faster production cycles, manufacturers worldwide are increasingly incorporating automation to maintain high operational efficiency.

Market growth is primarily driven by the substantial benefits provided by packaging automation systems. However, the high upfront investment required for implementation remains a significant challenge, particularly for smaller businesses, which has slowed adoption, especially in the wake of the economic difficulties caused 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 growth of online shopping has become one of the most influential market trends in recent years, particularly in developing economies like China and India, where e-commerce adoption is expanding at an accelerated rate. The burgeoning e-commerce sector is driving the demand for packaging automation, as there is a significant need for packaging equipment across various stages of e-commerce operations, including primary and secondary packaging, labeling, coding, and product marking. Besides safeguarding products from potential damage, innovative and visually appealing packaging designs play a crucial role in influencing consumer purchasing decisions, allowing businesses to differentiate themselves in a competitive marketplace.

Challenges:
The high costs associated with the design, implementation, and maintenance of automated packaging systems present a significant challenge to market growth. The integration of advanced technologies and the need for specialized labor contribute to increased capital and operational expenses. Furthermore, ongoing maintenance is necessary to ensure the smooth functioning of these systems, adding to the overall cost structure. Additionally, stringent government regulations regarding worker safety in the operation of automated packaging equipment pose further obstacles to the industry's expansion.

Regional Trends:
Europe currently dominates the packaging automation market, driven by the rapid adoption of advanced technologies and the region's strong manufacturing base. Numerous packaging automation providers in Europe offer a diverse range of automated solutions across industries such as food and beverages, logistics, retail, healthcare, chemicals, automotive, and aerospace. The Asia-Pacific region is expected to experience the highest compound annual growth rate (CAGR) during the forecast period, driven by increased adoption of automation solutions in the manufacturing, e-commerce, and healthcare sectors. The growing demand for packaged food and beverages, particularly in China and India, is further stimulating the need for corrugated packaging, thereby supporting the expansion 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.