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Packaging Automation Global Market by Product, Research Scope, Analysis and Forecasts to 2023

09-14-2017 12:26 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: ReportsWeb

Reportsweb

Reportsweb

According to Publisher, the Global Packaging automation market is expected to grow from $30.98 billion in 2016 to reach $59.21 billion by 2023 with a CAGR of 9.6%. Huge competition among companies in the markets, need for supply chain integration, rising globalization of production, need for lean & cost effective manufacturing and reduced labor costs are the major drivers propelling the market growth. Factors such as large capital investment and higher level of maintenance are hindering the market growth.

By end- user segment, the food and beverages sector holds the largest share in the market. The rising applications for automation in this industry are accelerated by the intensifying competition among contemporaries in the business. By Geography, the European packaging automation market witnessed incredible gains in the market due to the rapid adoption of new technologies by the people and the presence of various manufacturing units and packaging automation providers in this region. Asia Pacific is also expected to witness lucrative opportunities in the market due to booming automotive, healthcare, and food and beverages industries which exhibit high demand for advanced packaging solutions.

For more information @ http://www.reportsweb.com/packaging-automation-global-market-outlook-2017-2023

Some of the key players in the packaging automation market include Mitsubishi Electric Corp., Siemens AG, Kollmorgen, ABB Ltd., Rockwell Automation, Inc., DE-STA-CO, Swisslog Holding AG, ULMA Packaging, Denso, Automated Packaging Systems, Inc., Schneider Electric Se, TS Automation Tooling Systems, Massman Automation Designs, LLC, Beumer Group GmbH & Co. Kg, Emerson Electric Co. and Gerhard Schubert GmbH.

Products covered:
-Packing Robots
-Automated Packagers
-Automated Conveyor & Sortation Systems

Functions covered:
-Labeling
-Wrapping
-Bagging
-Palletizing
-Case Packaging
-Filling
-Capping
-Horizontal/Vertical Pillow
-Other Functions

Businesses covered:
-B2B e-commerce retailers
-B2B e-commerce retailers
-Omni Channel Retailers
-Wholesale Distributors
-Manufacturers
-Personal Document Shippers

Request Sample Copy http://www.reportsweb.com/inquiry&RW00011033060/sample

End Users covered :
-Retail
-Aerospace and Defense
-Healthcare
-Pharmaceutical
-Medical Device
-Chemical
-Automotive
-Semiconductor and Electronics
-Logistics and Warehousing
-E-Commerce
-Cosmetic
-Household
-Confectionery
-Food & Beverages
-Other End- Users

Regions Covered:
-North America
-US
-Canada
-Mexico
-Europe
-Germany
-UK
-France
-Italy
-Spain
-Rest of Europe
-Asia Pacific
-Japan
-China
-India
-Australia
-New Zealand
-South Korea
-Rest of Asia Pacific
-South America
-Argentina
-Brazil
-Chile
-Rest of South America
-Middle East & Africa
-Saudi Arabia
-UAE
-Qatar
-South Africa
-Rest of Middle East & Africa

Make an enquiry: http://www.reportsweb.com/inquiry&RW00011033060/buying

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Email: sales@reportsweb.com

ReportsWeb.com is a one stop shop of market research reports and solutions to various companies across the globe. We help our clients in their decision support system by helping them choose most relevant and cost effective research reports and solutions from various publishers. We provide best in class customer service and our customer support team is always available to help you on your research queries.

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