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Packaging Automation Market Size Forecasted To Achieve $127.53 Billion By 2029 With Steady Growth
Packaging Automation Market
What Is the Packaging Automation Market Size and Projected Growth Rate?
The packaging automation market has grown rapidly in recent years. It will increase from $78.49 billion in 2024 to $86.72 billion in 2025, with a CAGR of 10.5%. Key factors for this growth include the growing demand for automated packaging solutions, the rise of secondary packaging automation, the need for automated packaging equipment, and the increasing adoption of automation technologies across industries.
The packaging automation market is expected to grow rapidly, reaching $127.53 billion by 2029, with a CAGR of 10.1%. The growth is due to the demand for enhanced productivity, industrialization of manufacturing, increased demand in food and beverage, pharmaceuticals, and cosmetics sectors, greater awareness of supply chain integration, and a booming e-commerce industry. Trends in this market include automation advancements, technological innovations, customized packaging solutions, a demand for further technological improvements, and the rise of robotics.
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What Are the Major Segments in the Packaging Automation Market?
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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What Are The Driving Packaging Automation Market Evolution?
The expansion of the e-commerce industry is predicted to propel the packaging automation market's growth. E-commerce is growing due to its convenience and the ability to provide a vast selection of products to consumers from anywhere. Packaging automation in e-commerce helps optimize order fulfillment, cut costs, improve efficiency, and ensure consistent packaging quality. In 2023, U.S. Census Bureau data showed a 7.6% increase in e-commerce sales from the third quarter of 2022 to the third quarter of 2023. This increasing demand for e-commerce is driving the growth of the packaging automation market.
Which Firms Dominate The Packaging Automation Market Segments?
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
What Trends Are Driving Growth in The Packaging Automation Market?
Major companies in the packaging automation market are developing automated solutions such as vertical form-fill-seal systems for liquids to meet demand for efficient packaging. These systems integrate forming, filling, and sealing into one streamlined process. For example, Sealed Air Corporation, a US-based packaging firm, introduced the CRYOVAC Brand 308A CE system in November 2023. This vertical filling system creates tightly sealed liquid pouches that maintain freshness, are easy to handle, and reduce waste.
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Which Is The Largest Region 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.
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Packaging Automation Market?
2. What is the CAGR expected in the Packaging Automation Market?
3. What Are the Key Innovations Transforming the Packaging Automation Industry?
4. Which Region Is Leading the Packaging Automation Market?
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