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The rise of e-commerce and digitalization is fueling the packaging automation market, driven by the need for efficient solutions in a landscape dominated by online shopping. This surge reflects the global trend of industrial automation transforming various sectors. With the augmenting technological advancements, the need for machines enabled with intelligent packing is increasing, leading to manufacturers' launch of innovative technologies.
Packaging automation is the procedure of packaging a product without any human aid. The adoption of packaging automation decreases reliance on labor, enhances packaging efficiency, and thus propels global market growth. As automated machines for packaging increase the efficiency and productivity in the manufacturing processes and lower the cost of packaging, they are in high demand in many end-use industries. Increasing demand for improving productivity, rapid industrialization, and the expanding use of automation drive the global packaging automation market growth.
A rapid increase in disposable incomes and the rise in the standard of living has augmented the demand for sturdy packaging solutions to ensure the longevity & durability of the products during transit. Such factors encourage manufacturers in e-commerce & logistics, healthcare, food & beverage, and many other industries to use advanced packaging solutions for speedy and mass production. The rapid production and rising safety concerns among the manufacturers for the workers also drive the packaging automation industry growth.
The high capital cost and maintenance required for automated packaging systems are the key factors restraining the growth of packaging automation. Moreover, continuous and regular operation of such machines needs proper and periodic maintenance, thus resulting in additional costs. Additionally, the strict government regulations regarding worker safety while using automated packing techniques also hampers the market growth.
COVID-19 harmed the global packaging automation market. Large-scale supply chain disruptions that led to halting production were observed in the early stages of the pandemic. The COVID-19 pandemic is forcing manufacturers in the packaging industry to rethink their existing business models. However, with the increasing concerns about workers' safety and awareness regarding health, the market is accelerated in the post-pandemic era. Additionally, the pandemic boosted the adoption of robotic packaging automation processes such as wraparound packaging.
The packaging automation report will cover the following key insights:
Based on the type, the market is segmented into packaging robots, secondary packaging automation, automated conveyor systems, and tertiary and palletizing. Packaging robots are the most dominating segment of the global packaging automation market. The dominance is due to its application to offer product safety and quality throughout the value chain and cause a minimal environmental impact.
Based on the function, the market is segmented into filling, labelling, bagging, palletizing, capping, and others. Filling is the dominating function of the global packaging automation market. The rapid growth of this segment is due to the extensive usage of automated filling machines to enhance packaging operations and the vast demand from the food & beverages industry.
Based on the end-use industry, the market is segmented into food & beverage, healthcare, personal care & cosmetics, electrical & electronics, aerospace & defense, automotive, and others. Food & beverage dominates the global packaging automation market owing to an increased demand for rigid packaging solutions such as filling and palletizing machines used in packaging beverages in bottles or hard plastics.
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The packaging automation market has been studied across North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Europe is the dominating region of the global market. The dominance is due to the fast adoption of new technology & the presence of several manufacturing industries. Asia-Pacific is the fastest-growing region owing to its increasing solutions & services adoption by the population. North America will experience steady growth due to the proliferating demand for packaged food & beverages in this region. Latin America and the Middle East & African packaging automation industry will witness moderate growth in the upcoming years.
By Type | By Function | By End-use Industry | By Geography |
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