According to a new report, published by KBV research, The Global Robotic Palletizer Market size is expected to reach $2.3 billion by 2031, rising at a market growth of 6.3% CAGR during the forecast period.
The Traditional Robot segment is generating the highest revenue in the Global Robotic Palletizer Market by Robot Type in 2023; thereby, achieving a market value of $1.4 billion by 2031. Traditional robots have been used in palletizing applications for many years and have a well-established reliability and performance track record. Their long history of successful deployment in palletizing tasks instils confidence in businesses seeking a dependable and proven solution for their palletizing needs.
The Robotic Arm segment is registering a CAGR of 5.7 % during the forecast period. Robotic arms offer a high level of versatility, making them suitable for various palletizing applications across various industries. Their ability to handle different types of products, packaging formats, and pallet configurations makes them a flexible solution for palletizing tasks in diverse manufacturing and distribution environments.
The Boxes & Cases segment led the Global Robotic Palletizer Market by Application in 2023; thereby, achieving a market value of $869.5 million by 2031. Boxes and cases are widely used as packaging formats across various industries, including food and beverage, consumer goods, pharmaceuticals, and e-commerce. Their standardized shape, size, and structure make them ideal candidates for robotic palletizing, as robotic systems can easily handle and stack these uniform loads efficiently.
The Food & Beverages segment is growing at a CAGR of 5.5 % during the forecast period. This segment encompasses a wide range of products, including packaged foods, beverages, dairy products, fresh produce, and frozen goods. Robotic palletizers offer versatility and flexibility in handling diverse product types, sizes, shapes, and packaging formats, making them suitable for palletizing various food and beverage products with different handling requirements.
Full Report: https://www.kbvresearch.com/robotic-palletizer-market/
The North America region dominated the Global Robotic Palletizer Market by Region in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $797 million by 2031. The Europe region is anticipated to grow at a CAGR of 5.9% during (2024 - 2031). Additionally, The Asia Pacific region would witness a CAGR of 7.1% during (2024 - 2031).
By Robot Type
By Component
By Application
By End Use
By Geography