The Europe Packaging Automation Solutions Market would witness market growth of 6.5% CAGR during the forecast period (2024-2031).
The Germany market dominated the Europe Packaging Automation Solutions Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $6,213.9 million by 2031. The UK market is showcasing a CAGR of 5.6% during (2024 - 2031). Additionally, The France market would experience a CAGR of 7.4% during (2024 - 2031).
The scope of packaging automation spans various sectors, including food and beverage, pharmaceuticals, cosmetics, e-commerce, consumer goods, and more. It encompasses technologies like robotics, conveyors, labelling machines, wrapping machines, and various other automated solutions designed to streamline the packaging process. The global demand for packaging automation is driven by factors including the need to meet the growing consumer demand for packaged goods, increasing labour costs, the pursuit of better product quality, and sustainability efforts.
Moreover, packaging automation solutions are used across several industries and applications, providing tangible efficiency, safety, and flexibility benefits. The food and beverage sector is one of the largest adopters of packaging automation. Automated packaging solutions in this industry help manage the mass production and distribution of a wide range of food products, including snacks, beverages, dairy, frozen foods, and ready-to-eat meals.
The growth of the automotive sectors in Italy and Portugal, both significant players in the global automotive industry, is poised to create substantial demand for packaging automation solutions. With Italy’s automotive sector generating €92.7 billion in revenue and accounting for a sizable portion of its manufacturing turnover and GDP, and Portugal’s automotive industry being a key exporter with over 300,000 vehicles produced in 2022, both countries’ automotive industry will drive the need for advanced, efficient, and scalable packaging solutions. These developments will impact various facets of packaging automation, particularly in logistics, production line efficiency, and automotive parts handling.
Free Valuable Insights: The Global Packaging Automation Solutions Market will Hit USD 92.63 Billion by 2031, at a CAGR of 6.9%
Based on Application, the market is segmented into Form Filling & Sealing, Palletizing Automation Solution, Labeling Automation Solution, Wrapping Automation Solution, and Other Applications. Based on Product Type, the market is segmented into Automated Packagers, Automated Conveyors, and Packaging Robots. Based on End-User, the market is segmented into Food & Beverages, Healthcare & Pharmaceutical, Automotive, E-commerce & Logistics, Chemicals, and Others. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
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