Press release
Global Packaging Automation Market gaining big growth in the coming years, market worth USD 61.2 Billion By 2024, According to Research Nester
Packing automation is defined as a packaging of a product completed by machines or robots. It protects the product from physical damage. Packing automation machines help to lower down the cost of packaging and it helps to decrease the labor cost and minimize damages during material handling. Packing automation helps the manufacturers to deliver more products in less time.
Global packaging automation market is expected to register a CAGR of 9.2% over the forecast period. Moreover, global packaging automation market is projected to reach USD 61.2 billion globally by 2024. The market of packaging automation is expected to expand on the back of rapid industrialization accompanied by increasing manufacturing activities in developing nation such as China, India and others.
The food and beverages segment by end user is estimated to account for a market share of 25.2% in overall packaging automation market during the forecast period. Moreover, the food and beverages segment is believed to capture the largest share of revenue across the globe by the end of 2024. In addition to this, Europe region captured the largest market of packaging automation, with 36% share in global packaging automation market. Apart from this, Asia-Pacific region is the fastest growing packaging automation market due to large automotive industry.
Technological advancement in packaging
Growing adoption of advanced packaging technology by numerous end user industries to curb their labor cost and increase their production is predicted to bolster the growth packaging automation market. Furthermore, increasing advanced technological developments such as packaging robots, autonomous robots and others is one of the major factors bolstering the market of packaging automation across the globe.
Request Report Sample@ https://www.researchnester.com/sample-request/2/rep-id-388
Rising concerns for labor safety
The factors driving the growth of packaging automation market include rising safety concerns among the manufacturers and growing adoption of automation packaging due to high productivity. Further, strict safety regulation is believed to bolster the growth of automation packing market. Growing start up industries and increasing adoption for the packaging automation technology in developing nations are also envisioned to bolster the growth of packaging automation market.
However, high initial investment associated with the packaging automation is anticipated to hinder the growth of global packaging automation market by 2024. Further, high maintenance associated with packaging automation is believed to restraint the growth of packaging automation market.
The report titled “Packaging Automation Market: Global Demand Analysis & Opportunity Outlook 2024” delivers detailed overview of the global packaging automation market in terms of market segmentation by function, by product type, by end-user and by region.
Further, for the in-depth analysis, the report encompasses the industry growth drivers, restraints, supply and demand risk, market attractiveness, BPS analysis and Porter’s five force model.
Request Table of Contents: https://www.researchnester.com/toc-request/1/rep-id-388
This report also provides the existing competitive scenario of some of the key players of the global packaging automation market which includes company profiling of Schneider Electric SE, Rockwell Automation, Siemens AG, ABB Ltd., Mitsubishi Electric Corporation, Automated Packaging Systems, Emerson Electric Co., Beumer Group GmbH & Co., Swisslog Holding AG, Kollmorgen. The profiling enfolds key information of the companies which encompasses business overview, products and services, key financials and recent news and developments. On the whole, the report depicts detailed overview of the global packaging automation market that will help industry consultants, equipment manufacturers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.
Request Buy Now: https://www.researchnester.com/payment/rep-id-388
Research Nester is a leading service provider for strategic market research and consulting. We aim to provide unbiased, unparalleled market insights and industry analysis to help industries, conglomerates and executives to take wise decisions for their future marketing strategy, expansion and investment etc. We believe every business can expand to its new horizon, provided a right guidance at a right time is available through strategic minds. Our out of box thinking helps our clients to take wise decision so as to avoid future uncertainties.
For Table of Content & Free Sample Report Contact:
Name:-Ajay Daniel
Email: ajay.daniel@researchnester.com
U.S. +1 646 586 9123
U.K. +44 203 608 5919
Website:-www.researchnester.com
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Global Packaging Automation Market gaining big growth in the coming years, market worth USD 61.2 Billion By 2024, According to Research Nester here
News-ID: 928325 • Views: …
More Releases from Research Nester Pvt Ltd
Key Players in the Single-cell Omics Market: Share Positioning & Investor Perfor …
The single-cell omics market has become one of the most transformative domains in life sciences, enabling unprecedented insights into cellular heterogeneity, disease mechanisms, therapeutic targets, and precision medicine. As research institutes, biotech companies, and pharmaceutical innovators expand their reliance on single-cell sequencing, single-cell proteomics, metabolomics, and epigenomics, competitive intensity within the market continues to rise.
➤ Request Free Sample PDF Report @ https://www.researchnester.com/sample-request-5060
Top…
Medium Voltage Switchgear Market - Key Players, Capability Assessment & M&A Indi …
The medium voltage switchgear market is emerging as a central pillar of modern power infrastructure, playing a critical role in grid modernization, renewable energy integration, smart substations, industrial electrification, and resilient power distribution. As utilities, industrial facilities, data centers, and commercial infrastructures embrace more advanced electrical systems, demand for reliable and intelligent medium voltage switchgear continues to intensify.
➤ Request Free Sample PDF Report @ https://www.researchnester.com/sample-request-4899 …
Top Companies in Outboard Engines Market - Benchmarking Performance & Future Val …
The outboard engines market is undergoing a profound phase of transformation as marine mobility adopts cleaner propulsion technologies, intelligent vessel systems, and advanced performance-engineering. As recreational boating rebounds, coastal tourism expands, and commercial operators seek more efficient propulsion systems, demand for high-performance outboard engines continues to accelerate. Simultaneously, stringent environmental norms and the rise of electric and hybrid solutions are reshaping competitive dynamics.
➤ Request Free Sample PDF Report @ https://www.researchnester.com/sample-request-4768…
Loop-mediated Isothermal Amplification (LAMP) Market - Top Companies, SWOT Deep …
The Loop-mediated Isothermal Amplification (LAMP) market has emerged as a powerful force in molecular diagnostics, driven by its speed, sensitivity, and ability to operate without sophisticated laboratory infrastructure. As global demand rises for rapid, point-of-care, and decentralized diagnostic capabilities, LAMP technology is transitioning from niche research applications into mainstream clinical, veterinary, agricultural, and industrial use. The evolving competitive landscape highlights a blend of established biotechnology firms, innovative diagnostic startups, and…
More Releases for Packaging
Personalized Packaging Market 2019 By Key Players: Owens Illinois, Salazar Packa …
Personalized Packaging Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period.
Download PDF Sample of this Report @
http://www.supplydemandmarketresearch.com/home/contact/277379?ref=Sample-and-Brochure&toccode=SDMRCH277379&utm_source=S2
The following manufacturers are covered:
Owens Illinois
Salazar Packaging
Design Packaging
PrimeLine Packaging
International Packaging
Elegant Packaging
Pak Factory
ABOX Packaging
ACG Ecopak
CB Group
SoOPAK Company
Huhtamaki…
E-Commerce Packaging Market by Top Key Players - Pioneer Packaging, Arihant pack …
E-commerce packaging involves the use of materials for safe packaging of products sold by the e-commerce industry. E-commerce packaging plays a vital role in the consumers' perception about the e-retailer. It also indicates the perceived value of the item received. Packaging reflects the value of shipment in the e-commerce supply chain, that is, better the packaging, better the product inside it.
Get Sample Copy of this Report @ https://www.bigmarketresearch.com/request-sample/2904563
The E-Commerce…
Luxury Packaging Market 2019 SWOT Analysis By Top Key Players; MW Luxury Packagi …
Luxury Packaging Market report provides an in-depth overview of product specification, technology, product type and production analysis considering major factors such as revenue, cost, gross and gross margin. The company profiles of all the key players and brands that are dominating the Luxury Packaging Market with moves like product launches, joint ventures, merges and accusations which in turn is affecting the sales, import, export, revenue and CAGR values are mentioned…
Global Luxury Packaging Market 2019 Top Key Players: MW Luxury Packaging, Progre …
Summary
WiseGuyReports.com adds “Luxury Packaging Market 2019 Global Analysis, Growth, Trends and Opportunities Research Report Forecasting to 2024” reports to its database.
This report provides in depth study of “Luxury Packaging Market” using SWOT analysis i.e. Strength, Weakness, Opportunities and Threat to the organization. The Luxury Packaging Market report also provides an in-depth survey of key players in the market which is based on the various objectives of an organization such as…
Top Manufacturer in Luxury Packaging Market 2019: MW Luxury Packaging, Progress …
Luxury packaging is used for packaging and decorating high-end products.An increase in the luxury product consumption rate and the number of product launches in the fashion and cosmetic sectors are some major factors driving the market growth.
The global Luxury Packaging market is valued at xx million US$ in 2018 and will reach xx million US$ by the end of 2025, growing at a CAGR of xx% during 2019-2025. The objectives…
Personalized Packaging Market 2025 | Design Packaging, Inc., PrimeLine Packaging …
As per the new market report published by Research Report Insights titled ‘Personalized Packaging Market’: Global Industry Analysis and Forecast 2017-2025’, global personalized packaging market attained a value worth US$ 25,577.9 Mn in 2017 and will possibly thrive at a promising CAGR of 5.1% over the forecast period (2017-2025). The global personalized packaging market has witnessed solid growth during the past few decades, owing to the increasing trend of luxury…
