The rising demand for automation across industry sectors, greater use of robots for optimal efficiency, and advantages related to cost savings are some of the reasons driving the growth of the packaging robots market.
The packaging robots market has a current business value of about USD 5.6 billion in 2022 and it is expected to grow 10.87% globally to around USD 15.73 billion by 2032.
Market Overview:
Packaging robots are robotic industrial systems that handle materials, transport or pack goods, seal them, and label them. Packing often makes use of robots like the articulated, Cartesian, SCARA (selected compliance assembly robot arm), and delta types. Industries using packaging robots include consumer goods, medicines, food and beverage, logistics, and others. It's typical to use vacuum grippers when selecting flat materials like metal sheets or glass. These grippers use suction caps to capture multiple objects simultaneously during the packaging and palletizing processes.
The packaging robot market is being driven by factors such as rising demand for automation across a variety of industrial sectors, increased use of robots for maximum efficiency, and cost savings. Additionally, the growing robotics industry and the ongoing development of the retail and e-commerce sectors are expected to drive growth in the market for packaging robots throughout the forecast period. With the use of packaging robots, it is now quicker and easier to scan and update inventory, pack packages, organize products on shelves, and complete other related operations. As e-commerce and packaging become more integrated, the market for packaging robots is growing.
Track and Trace Solutions Market Report Scope:
| Report Coverage | Details |
| Market Size in 2022 | USD 5.6 Billion |
| Projected Forecast Value in 2032 | USD 15.73 Billion |
| Growth Rate | 10.87% from 2023 to 2032 |
| Largest Market | Asia Pacific |
| Base Year | 2022 |
| Forecast Period | 2023 to 2032 |
| Segments Covered | By Technology, By Product, By Application, and By End-User |
| Regions Covered | North America, Europe, Asia-Pacific, Latin America and Middle East & Africa |
Reports Highlights:
Regional Insight:
In 2022, the Asia Pacific region held a 35% revenue share. In manufacturing facilities, especially those that create products for the consumer market, the packing process is crucial. Robotic packaging systems increase flexibility and increase the output of the packaging line as a whole. Packing robots use a lot less floor area than people and can operate at a variety of temperatures. Robotic packaging is frequently used in the food, beverage, and pharmaceutical industries for both primary and secondary packaging applications.
The report identifies picking, pressing (which includes pressing plates and cases), and palletizing as the three primary applications for packing robots (which includes sack palletizing, case palletizing, and de-palletizing). The picking and packaging robot industry received xx% of the attention in 2020, illustrating how changing urban lifestyles have increased the consumption of items like food, drinks, and consumer goods. Also, the local packaging industry is using the Industrial Internet of Things (IIoT) more and more frequently. This development may not only increase the efficiency of packing lines but also pave the way for a digital future of packaging equipment over the next ten years through new possibilities for enhanced equipment, machine infrastructure, and operators.
On the other hand, Europe held a stake of more than xx% in 2020. This can be linked to the rising use of automation in nations in this region like Germany, the United Kingdom, and France, which contribute significantly to the consumption of robotic systems. Furthermore, it is anticipated that there will be a huge demand in this region for the market due to the expanding use of automated solutions in the logistics industry.
Market Dynamics:
Drivers
Vision sensor technology adoption and intelligent upgrading are both urgently needed
The rapid growth in demand for a range of goods from manufacturing sectors like pharmaceuticals, food & beverage, and e-commerce has caused organizations to concentrate on improving production efficiency and operations management. Long-term production efficiency depends on overall equipment efficiency, which is made possible by robotic automation in packaging units. Technology advancements like human-robot collaboration are fostering industry expansion as well. Cooperative robot use also permits maximum operational effectiveness while ensuring human safety. When a robot is interacting with humans, the task is slowed down or terminated when it finds humans in its path.
Restraints
The cost of automated packaging is higher than that of traditional packaging
The packaging automation market is not growing as quickly as it could due to the high costs associated with the development and maintenance of these devices. The use of cutting-edge technology and the need for skilled labor will increase the overall cost of these devices. For the machinery to continue working as intended, proper and regular maintenance is also required, this raises the cost. The use of automated packaging methods is constrained by stringent government rules regarding worker safety, which is impeding the development of the sector.
Opportunities
Development of technology
The industry's quick pace of technological development has led to an increased demand for IoT-connected packaging equipment and smart embedded technologies. Utilizing desktop computers, mobile devices, and laptops, modern technology makes it simple to monitor packing equipment from any location. These state-of-the-art technologies have made it easier for production line workers to assess the effectiveness and consistency of such automated systems. They also aid in locating and resolving problems by enabling remote control, which transmits the necessary instructions to remotely activate or deactivate a machine's operation.
Challenges
High capital expenditure
It costs a lot of money to install an automated packaging system on a packaging line, whether it's new or already there. The food and beverage sector is a highly fragmented market, with a large number of small and medium-sized companies offering a wide range of goods. Due to the high installation and maintenance costs, some manufacturers are hesitant to use packaging robots. Additionally, local distributors and manufacturers, who frequently lack the financial resources to invest in facility automation, dominate other industries, including consumer goods and tracking and logistics. Numerous small businesses in various end-use industries would choose labor due to budget constraints.
Recent Development:
Major Key Players:
Market Segmentation:
By Gripper Type
By Service
By End User
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