Key Highlights
• The main advantages of packaging robots are their flexibility, precision, and consistency. In the packaging sector, robots can perform a wide range of operations such as picking & arranging, boxing, wrapping, depinning, detesting, & warehousing. Many companies favor robot packaging as it improves supply chain efficiency, increases distributing effectiveness, and lowers operational expenses. They use the correct end of arm tooling to complete any type of packing operation. They are available in a variety of robot sizes, payloads, reach, and mounting options. Packaging robots can now be integrated into any kind of workstation. Contamination is eliminated using a computerized manufacturing process as cleanliness in the food industry improves. The usage of robotic packing allows you to minimize your manpower while maintaining or increasing efficiency. Manufacturers and industry players are developing novel technologies and software to mimic human behaviors.
• The global Packaging Robots Market size grasped USD 5.89 billion in 2022 and it is expected to hit around USD 16.02 billion by 2032, growing at a CAGR of 10.97% during the projected timeframe of 2023 and 2032.
• May’22 - Fanuc Corporation, among the largest robot manufacturers, unveiled the R-2000id robot via cable-integrated technology. This robot can perform complex functions such as selecting, positioning, and auto-checking in alongside packaging.
• The IIoT (Industrial Internet of Things) has grown increasingly popular in the local packaging industry. This breakthrough, with new alternatives for upgraded machinery, digital infrastructure, plus well-trained administrators, may not only boost packing line productivity yet additionally pave the way towards a digitally driven future of packaging technology over the course of the next ten years. The significant growth of the pharmaceutical business in the next years will raise consumer demand for environmentally friendly packaging solutions.
Scope of the Industry Profile
Key Players
• ABB Limited
• AFAST Robotics
• BluePrint Automation
• Bosch Packaging Technology
• Brenton Engineering
• Epson Robots
• Fanuc Corporation
• Fuji Yusoki Kogyo
• Intelligent Actuator
• Krones AG
• Kuka Roboter GmbH
• Mitsubishi Electric Corporation
• Reis Robotics
• Remtec Automation LLC
• Schneider Electric SE
• Yaskawa Electric Corporation
• Yamaha Robotics
Segmentation
By Gripper Type
• Vacuum
• Clamp
• Claw
• Others
By Service
• Pick & place
• Packing
o Case packing
o Tray packing
o Filling
o Others
• Palletizing
o Case palletizing
o Bag palletizing
o De-palletizing
By End User
• Manufacturing
• Food & beverage
• Logistics
• Pharmaceutical
• Others
What To Expect from Industry Profile
1. Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the Packaging Robots market in the world.
2. Use the PORTER’s Five Forces analysis to determine the competitive intensity and therefore market attractiveness of the global Packaging Robots market.
3. Leading company profiles reveal details of key Packaging Robots market players’ global operations, strategies, financial performance & their recent developments.
4. Add weight to presentations and pitches by understanding the future growth prospects of the Global Packaging Robots market with forecast for decade by both market share (%) & revenue (USD Million).
Recent Developments
• Aug’22 - Maxpack Machinery LLC unveiled Leap by Maxpack, a unique piece of packing machinery that allows the client to pay on a monthly basis. Maxpack's response to the constantly evolving Buy Now & Pay Later industry is Leap. Premium packages of automation equipment are available with 18 free of interest, credit-free installments spread out over a period of eighteen months.
• Jan’22 - ABB Ltd. disclosed its acquisition of electric vehicles Charging Infrastructures Systems in order to extend its fleet electrifying software and digital services and enhance its customer base. This acquisition attempts to expand the company's product offering.
• Nov’21 - FANUC Corporation, manufacturer of automation equipment including robotics with computerized numerical control wireless technology, and ROBOMACHINE launched the LR-10iA/10 robot. It was developed for machine handling & a range of picking applications.
• Jan’20 - Syntegon Technology purchased Bosch Packaging Technology's German packaging machinery business.
Segment Insights
• In terms of revenue, the clamp and clows category dominated the globe's market and is predicted to increase at the quickest CAGR over the forecast period. The industry is experiencing rapid growth due to increased demand from the beverages and food & pharmaceutical industries.
• Due to the increased need for fresh food as well as beverage goods, the food & beverage sector is the end-user who will utilize robotic packaging machines the most in 2022. Packaging robot technology can help the food processing and manufacturing industries maintain consistency in their output quality.
• Pick & Place category is expected to increase at the fastest CAGR during the projection period. Picking robots are growing in popularity encouraged by online retailers for order fulfilment over traditional item picking. Due to automation, both the effectiveness and the price of item selecting have increased.
Regional Insights
• In 2022, the Asia Pacific area will account for approx. 35% of global revenue. The packing process is critical in manufacturing facilities, particularly those that produce goods for the end user market.
• Japan's packaging industry is expanding at a rapid pace. The growing popularity of packaged goods and beverages has increased the popularity of textured packaging across the country. The increasing food processing industry in Japan is expected to drive the food packaging automation market.
1 INTRODUCTION
1.1 Study Objectives
1.2 Market Definitions
1.2.1 Inclusions & Exclusions
1.2.2 Region: Inclusions & Exclusions
1.2.3 Study Scope
1.2.3.1 Markets Covered
1.2.3.2 Regional Scope
1.2.3.3 Years Considered
1.2.4 Currency Considered
1.2.5 Limitations
1.2.6 Summary Of Report (Chapter Wise Summary)
2 RESEARCH METHODOLOGY
2.1 Research Data
2.1.1 Secondary & Primary Research
2.1.2 Secondary Data
2.1.2.1 Secondary Sources
2.1.3 Primary Data
2.1.3.1 Primary Sources
2.2 Market Breakdown & Data Triangulation
2.3 Market Size Estimation
2.3.1 Bottom-Up Approach
2.3.2 Top-Down Approach
2.4 Research Assumptions & Limitations
2.4.1 Assumptions
2.4.2 Limitations
3 EXECUTIVE SUMMARY
4 ACROSS THE GLOBE
4.1 Upcoming Attractive Market Opportunities
4.2 Country Wise Market Growth
4.3 Segment Wise Market Growth
5 MARKET OVERVIEW
5.1 Market Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.2 Restraints
5.2.3 Opportunities
5.2.4 Challenges
5.3 PORTOR’S Five Forces Analysis
5.3.1 Threat of New Entrants
5.3.2 Threat of Substitutes
5.3.3 Bargaining Power of Suppliers
5.3.4 Bargaining Power of Buyers
5.3.5 Intensity of Competitive Rivalry
5.4 Market Premium insights (Enterprise license)
5.4.1 Case Study Analysis
5.4.2 Country Wise Import & Export Data (If
Applicable)
5.4.3 Regulatory Bodies & Authorization
Across the Globe
5.4.4 Key Conferences & Events: 2022 &
2023
5.4.5 Top Patents for The Market: 2022
6 PACKAGING ROBOTS MARKET OVERVIEW,
BY GRIPPER TYPE
6.1 Global Market Revenue & Share Analysis, By Gripper Type
6.1.1 Vacuum
6.1.2 Clamp
6.1.3 Claw
6.1.4 Others
6.2 Global Market Revenue & Share Analysis, 2018 – 2022
6.3 Global Market Revenue & Share Forecast Analysis, 2023 –
2032
6.4 Key Takeaways
7 PACKAGING ROBOTS MARKET OVERVIEW,
BY SERVICE
7.1 Global Market Revenue & Share Analysis, By Service
7.1.1 Pick & place
7.1.2 Packing
7.1.3 Palletizing
7.2 Global Market Revenue & Share Analysis, 2018 – 2022
7.3 Global Market Revenue & Share Forecast Analysis, 2023 –
2032
7.4 Key Takeaways
8 PACKAGING ROBOTS MARKET OVERVIEW,
BY END-USER
8.1 Global Market Revenue & Share Analysis, By End-User
8.1.1 Manufacturing
8.1.2 Food & beverage
8.1.3 Logistics
8.1.4 Pharmaceutical
8.1.5 Others
8.2 Global Market Revenue & Share Analysis, 2018 – 2022
8.3 Global Market Revenue & Share Forecast Analysis, 2023 –
2032
8.4 Key Takeaways
9 PACKAGING ROBOTS MARKET OVERVIEW,
BY REGION
9.1 Global Market Revenue & Share Analysis, By Region
9.1.1 North America
9.1.2 Europe
9.1.3 Asia Pacific
9.1.4 Middle East & Africa
9.1.5 South America
9.2 Global Market Revenue & Share Analysis, 2018 – 2022
9.3 Global Market Revenue & Share Forecast Analysis, 2023 –
2032
9.4 Key Takeaways
10 NORTH AMERICA MARKET
ANALYSIS
10.1 North America Market Revenue & Share Analysis, By Gripper
Type
10.2 North America Market Revenue & Share Analysis, By Service
10.3 North America Market Revenue & Share Analysis, By End-User
10.4 North America Market Revenue & Share Analysis, By Country
10.4.1 US
10.4.2 Canada
10.4.3 Mexico
10.5 Key Takeaways
11 EUROPE MARKET ANALYSIS
11.1 Europe Market Revenue & Share Analysis, By Gripper Type
11.2 Europe Market Revenue & Share Analysis, By Service
11.3 Europe Market Revenue & Share Analysis, By End-User
11.4 Europe Market Revenue & Share Analysis, By Country
11.4.1 UK
11.4.2 Italy
11.4.3 Spain
11.4.4 Germany
11.4.5 France
11.4.6 Rest of Europe
11.5 Key Takeaways
12 ASIA PACIFIC MARKET ANALYSIS
12.1 APAC Market Revenue & Share Analysis, By Gripper Type
12.2 APAC Market Revenue & Share Analysis, By Service
12.3 APAC Market Revenue & Share Analysis, By End-User
12.4 APAC Market Revenue & Share Analysis, By Country
12.4.1 China
12.4.2 Japan
12.4.3 India
12.4.4 South Korea
12.4.5 Rest of APAC
12.5 Key Takeaways
13 MIDDLE EAST & AFRICA MARKET
ANALYSIS
13.1 MEA Market Revenue & Share Analysis, By Gripper Type
13.2 MEA Market Revenue & Share Analysis, By Service
13.3 MEA Market Revenue & Share Analysis, By End-User
13.4 MEA Market Revenue & Share Analysis, By Country
13.4.1 GCC
13.4.2 South Africa
13.4.3 Rest of MEA
13.5 Key Takeaways
14 SOUTH AMERICA MARKET ANALYSIS
14.1 SA Market Revenue & Share Analysis, By Gripper Type
14.2 SA Market Revenue & Share Analysis, By Service
14.3 SA Market Revenue & Share Analysis, By End-User
14.4 SA Market Revenue & Share Analysis, By Country
14.4.1 Brazil
14.4.2 Argentina
14.4.3 Rest of SA
14.5 Key Takeaways
15 COMPETITIVE SCENARIO
15.1 Overview
15.2 Key Players Market Share Analysis
15.3 Recent Developments & Product Launches
15.4 Mergers & Acquisitions
15.5 Partnerships, Agreements & Collaborations
16 COMPANY PROFILES
16.1 Overview
16.2 Key players
16.2.1 ABB Limited
16.2.1.1 Business Overview
16.2.1.2 Products Offered
16.2.1.3 Financial Insights
16.2.1.4 Strategic Developments
16.2.1.4.1 New Product Launches
16.2.1.4.2 Agreements & Collaborations
16.2.1.5 Business Aspects (NOISE Analysis)
16.2.1.5.1 Key Strengths
16.2.1.5.2 Opportunities
16.2.1.5.3 Weaknesses & Competitive Threats
16.2.1.5.4 Needs & Improvements
16.2.2 AFAST Robotics
16.2.3 BluePrint Automation
16.2.4 Bosch Packaging Technology
16.2.5 Brenton Engineering
16.2.6 Epson Robots
16.2.7 Fanuc Corporation
16.2.8 Fuji Yusoki Kogyo
16.2.9 Intelligent Actuator
16.2.10 Krones AG
17 DISCLAIMER
18 APPENDIX
