Authored By: Sarah
11 Sep 2024

Latest News: Packaging Robots Market is expected to grow by a CAGR of 12.34% during 2024-2028; Trends and Forecasts to 2018

The Packaging Robots Market is expected to grow at a CAGR of 12.34% to reach USD 11.6 billion by 2028. In the packaging industry, Collaborative Robots, or COBOTS, are gaining significant traction due to their ability to work in close proximity to human workers in a shared workspace. These robots are specifically designed to execute repetitive, labor-intensive, and potentially hazardous tasks, thereby augmenting human productivity and efficiency. COBOTS are equipped with advanced safety features, such as sensors, to recognize the presence of human workers and adjust their speed accordingly, ensuring a secure working environment and preventing accidents. The integration of COBOTS in the packaging sector is a strategic move towards enhancing operational efficiency, optimizing resources, and prioritizing workplace safety.

APAC dominates the regional market because of The Packaging Robots Market is experiencing significant growth due to the increasing demand for automated packaging solutions in various industries. Companies are investing in advanced robotic systems to streamline production processes, improve efficiency, and reduce labor costs. Key players in this market are focusing on developing innovative technologies, such as collaborative robots and smart packaging solutions, to cater to evolving consumer needs and regulatory requirements. The market is expected to continue its robust growth trajectory in the coming years.

There are various factors that drive the Packaging Robots Market market which are as following: The packaging robots market has experienced substantial growth due to advancements in robotics technology. Robotics technology has significantly enhanced the capabilities of packaging robots, making them more sophisticated, effective, and versatile. One of the key advantages of robotics technology in the packaging sector is its ability to automate repetitive tasks, increasing efficiency and reducing human error. Packaging robots can perform various functions, including product picking and placing, filling and sealing containers. Moreover, the flexibility of robotics technology in adapting to evolving production demands is a significant benefit for the packaging industry. By automating tasks and minimizing human intervention, robotics technology raises the standard of the final product and lowers the risk of errors.

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Packaging Robots Market Segmentation

Application (Primary packaging, Secondary packaging) End-user (Food and beverage industry, Pharmaceutical industry, Electronic and semiconductor industry, Machine tools and auto industry) Geography (APAC, North America, Europe, South America, Middle East and Africa)

The market witnesses several challenges, which are as follows The global market for packaging robots presents significant challenges for vendors due to the substantial initial investment required for purchasing and deploying these advanced systems. This includes the cost of hardware, software, installation, and integration. While the long-term benefits, such as increased efficiency and productivity, are compelling, small and medium-sized businesses may find the upfront costs prohibitive. Consequently, affordability remains a key barrier to entry for many potential customers.

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Some of the key companies that have been profiled in the report include: 

  • ABB Ltd.
  • BluePrint Automation BV
  • Comau Spa
  • DENSO Corp.
  • FANUC Corp.
  • Fuji Yusoki Thailand Co. Ltd.
  • IAI Industrieroboter GmbH
  • IPG Photonics Corp.
  • Krones AG
  • KUKA AG
  • Mitsubishi Electric Corp.
  • Pro Mach Inc.
  • Remtec Automation LLC
  • Robert Bosch GmbH
  • Schneider Electric SE
  • Seiko Epson Corp.
  • Syntegon Technology GmbH
  • Teradyne Inc.
  • Yamaha Motor Co. Ltd.
  • Yaskawa Electric Corp.

Market Research Overview 

The industrial machinery and supplies and components market encompasses businesses involved in the manufacturing of industrial machinery and components, including presses, machine tools, compressors, pollution control equipment, elevators, escalators, insulators, pumps, roller bearings, and other metal fabrications. According to Technavio, the market size is determined by the consolidated revenue generated by these manufacturers supplying equipment for industrial applications. Factors driving growth in this market include expanding industrial production in process and discrete industries, fueled by rising demand for energy, chemicals and petrochemicals, pulp and paper products, and processed food and beverages, primarily in developing countries. - The Packaging Robots Market is experiencing significant growth, fueled by the Advancements in robotics industry. Businesses are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.

Market Research Analysis

Packaging robots are industrial robots specifically designed for placing and handling primary packaging materials in various packaging applications. These robots offer numerous benefits to industrial operations, including cost reduction, increased efficiency, and improved product quality. With axes ranging from 6 to 12, packaging robots are versatile and can be used for multipurpose applications, such as pick and place, clamp and claws, and gripper type. In the food business, packaging robots are essential for maintaining hygiene and ensuring automated production lines run smoothly. Specialty robots, like vacuum grippers, are ideal for handling glass sheets and other delicate items. Industrial control systems enable seamless integration with other automation systems, further enhancing production capabilities. Packaging robots have become a staple in the food and beverage industry, with applications ranging from pick and place of bottles and cans to clamping and closing boxes. By automating these tasks, operating costs are significantly reduced, and the overall production process becomes more efficient and consistent. With advancements in robot technology, the benefits of packaging robots continue to expand, making them a valuable investment for businesses in various industries seeking to streamline their operations and improve their bottom line.


Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

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