The Global Packaging Robots Market size is expected to reach $9 billion by 2027, rising at a market growth of 12.4% CAGR during the forecast period.
The employment of robots, automated systems, and specialized software to transfer various duties and streamline the packaging process is referred to as packaging robotics. Packaging robots are employed in a variety of industries, including consumer goods, pharmaceuticals, food and beverage, logistics, and others. Choosing flat materials like metal sheets or glass with vacuum grippers is common. During the packaging and palletizing procedures, these grippers use suction caps to grab many things at once. Vacuum grippers are used to handle large boxes, crates, bottles, and cans, and thus, have seen widespread use in the packaging industry.
Factors driving the packaging robot market include a rise in the requirement for automation in many industrial verticals, increased use of robots for optimal efficiency, and cost benefits. Furthermore, the packaging robots market is expected to increase throughout the forecast period, owing to the expanding robotics industry and continued growth in the retail and e-commerce industries. Packaging robots have reduced the time and effort required to scan and update inventory, pack packages, arrange items on shelves, and execute other related tasks in a short period of time. The packaging robots market is growing due to a rise in collaboration between e-commerce and packaging.
Picking, packing, and palatalizing are the three applications that make up the packaging robotics sector. Picking and placement is the fastest expanding application, due to the rapid growth of the e-commerce sector, which accounts for the majority of demand for packaging robots. Because manual item choosing is a labor-intensive and difficult activity, picking robots are commonly used in the e-commerce industry for order fulfillment. As a result, item picking automation increases efficiency while lowering costs. Robotic systems are increasingly being used in the e-commerce, food & beverages, automotive, and healthcare industries to suit their needs and improve efficiency. The need for these systems in the market is driven by the growth of industrialization and a need for automation to minimize waste and costs, as well as increase production efficiency. Furthermore, pick & place robot systems' high precision, improved efficiency, and reduced product damage feed this need.
Due to the COVID-19 pandemic, many firms in the packaging robots market had to temporarily suspend operations to ensure compliance with new government rules aimed at preventing the disease's spread. This suspension in operations has a direct influence on the overall market's revenue flow. Moreover, due to a scarcity of raw materials and people during the lockdown, the manufacturing of industrial products stopped. In addition, no fresh consignments were obtained by companies in this industry.
As a result, the worldwide market was damaged by a halt in industrial activity and lockdowns for several months, and the market is expected to revive slowly during the forecast period. Governments are prioritizing the acceptance of automation by concentrating on emerging edge technologies like machine learning, artificial intelligence (AI), 3D printing, deep learning, and machine vision, which are likely to drive long-term demand development.
Rapid growth in demand for a wide range of products from manufacturing industries such as pharmaceuticals, food & beverages, and e-commerce is driving organizations to concentrate on developing production efficiency and executing better operations management. Overall equipment efficiency, which is a need for long-term production efficiency, is achieved by robotic automation in packaging units. New technologies, such as human-robot collaboration, are also helping to drive industry growth. Additionally, the use of collaborating robots permits optimal operational efficiency while simultaneously assuring human safety. When a robot detects humans in its pathway while working with humans, the task is slowed or stopped.
Industrial infrastructure in wealthy countries is rapidly deteriorating. Increased demand for various items is forcing enterprises to focus on enhancing production efficiency and implementing better operations management. The implementation of robotic automation in packaging units can help attain overall equipment efficiency (OEE), which is a necessary need for long-term production efficiency. Robotic installation in packaging lines improves the high-speed efficiency of product selecting, packing, and palletizing by reducing physical dexterity. It also boosts equipment efficiency while cutting operational costs and delivering excellent returns on investment. As a result, during the forecast period, value-added benefits provided by robotic automation are likely to drive market growth.
Installing an automated packaging system in a new packaging line or an existing line necessitates a significant financial investment. The food & beverage industry is a highly fragmented industry, with many small and medium-sized businesses with diverse product lines. Because of the large financial expenditure required for installation and maintenance, some manufacturers are hesitant to install packaging robots. Furthermore, other industries like consumer items and tracking and logistics are dominated by local distributors & manufacturers, who typically lack the financial resources to invest in facility automation. The budget constraints of various small companies across different end-use industries would motivate them to opt for labors.
Based on Application, the market is segmented into Packing, Pick & Place and Palletizing. The Packing segment acquired the highest revenue share in packaging robots market in 2020. Packaging is a well-established robotic that use in a variety of industries, particularly the food industry. Because items are more homogeneous during the packaging step, they are easier to automate than duties previously in the food supply chain. Agriculture & food manufacturing tasks are more difficult to automate with robots, although companies are beginning to do so.
Based on Gripper Type, the market is segmented into Claw, Vacuum, Clamp and Others. The Clamp segment garnered a substantial revenue share in packaging robots market in 2020. Clamps can help companies to save time and money on their automation project by speeding up production and reducing the number of things that fall or break on the factory floor. These clamps are available in several styles and sizes, making them suitable for a wide range of applications. To choose which clamps are appropriate for a company, it is important to look at their entire specifications.
Based on End User, the market is segmented into Food & Beverage, Pharmaceuticals, Consumer Products, Logistics and Others. The food & beverage segment acquired the highest revenue share in the packaging robots market in 2020. Robots will be used more frequently on the primary packaging line by 2020, as per food and beverage firms. This is because robots on the primary packaging line can give enhanced production, flexibility, and efficiency. Food makers are anticipated to increase their use by more than doubling. These delta-style robots come with tried-and-true end-of-arm tools like vacuum grippers and clamps, all of which are equipped with sensors that let the robot know if it is safely holding a product.
| Report Attribute | Details |
|---|---|
| Market size value in 2020 | USD 4.2 Billion |
| Market size forecast in 2027 | USD 9 Billion |
| Base Year | 2020 |
| Historical Period | 2017 to 2019 |
| Forecast Period | 2021 to 2027 |
| Revenue Growth Rate | CAGR of 12.4% from 2021 to 2027 |
| Number of Pages | 224 |
| Number of Tables | 384 |
| Report coverage | Market Trends, Revenue Estimation and Forecast, Segmentation Analysis, Regional and Country Breakdown, Competitive Landscape, Companies Strategic Developments, Company Profiling |
| Segments covered | Gripper Type, Application, End User, Region |
| Country scope | US, Canada, Mexico, Germany, UK, France, Russia, Spain, Italy, China, Japan, India, South Korea, Singapore, Malaysia, Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria |
| Growth Drivers |
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| Restraints |
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Based on Regions, the market is segmented into North America, Europe, Asia Pacific, and Latin America, Middle East & Africa. Asia Pacific emerged as the leading region in the packaging robots market with the maximum revenue share in 2020. Packaging robots are most commonly used in Asia-Pacific. Due to expansion in the food & beverages, e-commerce, consumer products, pharmaceuticals, logistics, and other industries, Asia-Pacific is predicted to lead the packaging robots market over the forecast period.
Free Valuable Insights: Global Packaging Robots Market size to reach USD 9 Billion by 2027
The major strategies followed by the market participants are Product Launches. Based on the Analysis presented in the Cardinal matrix; ABB Group is the forerunners in the Packaging Robots Market. Companies such as FANUC Corporation, Schneider Electric SE, Mitsubishi Electric Corporation are some of the key innovators in the Market.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include ABB Group, The Krones Group, FANUC Corporation, Schneider Electric SE, Mitsubishi Electric Corporation, Yaskawa Electric Corporation, Syntegon Technology GmbH (Bosch Pakaging technology), Brenton, LLC (Pro Mach, Inc.), Kuka AG, and Remtec Automation LLC (C.M. Paula)
By Application
By Gripper Type
By End User
By Geography
The packaging robots market size is projected to reach USD 9 billion by 2027.
Rising requirement for intelligent modernization of industrial facilities are driving the market in coming years, however, high capital investment limited the growth of the market.
ABB Group, The Krones Group, FANUC Corporation, Schneider Electric SE, Mitsubishi Electric Corporation, Yaskawa Electric Corporation, Syntegon Technology GmbH (Bosch Pakaging technology), Brenton, LLC (Pro Mach, Inc.), Kuka AG, and Remtec Automation LLC (C.M. Paula).
Yes, Due to COVID-19 the scarcity of raw materials and people during the lockdown, the manufacturing of industrial products stopped. In addition, no fresh consignments were obtained by companies in this industry.
The Claw segment acquired maximum revenue share in the Global Packaging Robots Market by Gripper Type in 2020; thereby, achieving a market value of $2.8 billion by 2027.
The Asia Pacific market dominated the Global Packaging Robots Market by Region in 2020, and would continue to be a dominant market till 2027; thereby, achieving a market value of $3.6 billion by 2027.
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