Authored By: Sarah
28 Aug 2024

Robotic Palletizer Market Size to grow by USD 1566.1 million between 2024-2028

The Robotic Palletizer Market is segmented by End-user (Food and beverage industry, Ecommerce and logistics industry, Healthcare industry, Retail industry, and Others), Type (Articulated robots and Collaborative robots), and Geography (APAC, Europe, North America, South America, and Middle East and Africa). As per the Global Forecast research report 2024-2028 published by Technavio, the market size is estimated to grow by USD 1566.1 million, at a CAGR of 5.72% during the forecast period. There are several companies that are contributing to the market as per this report. Rise in adoption of industrial internet of things (IIoT) technology in robotics .

By End-user, the Food and beverage industry segment is projected to dominate the market size in 2024

In the dynamic and demanding food and beverage industry, the adoption of robotic palletizers has become a strategic priority. With increasing production demands and frequent SKU changes, the need for efficient and flexible material handling solutions has grown significantly. Human labor, despite being tireless, faces challenges in handling the high volume of packaged goods, leading to potential product damage. To mitigate these issues, industry players are investing in automated palletizing systems. These systems not only ensure reduced product damage but also streamline production processes, enabling smaller batch sizes, as low as 50 pallets, to be efficiently handled. This shift towards automation is crucial in meeting tight delivery schedules and maintaining a competitive edge in the market.

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Why is APAC forecasted to hold the largest regional market size in 2024?

The Robotic Palletizer market is experiencing significant growth due to the increasing demand for automated solutions in manufacturing processes. Companies are investing in robotic palletizing systems to enhance productivity, reduce labor costs, and improve product quality. Key players in this market include KUKA, FANUC, and Bosch Rexroth, who offer advanced technologies such as 3D vision and collaborative robots to meet evolving customer needs. The market is expected to continue its upward trajectory, driven by industry trends like Industry 4.0 and the growing preference for flexible and efficient production lines.

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Research Analysis Overview

The Robotic Palletizer Market is witnessing significant growth in the food and beverage industry, particularly in the handling of fresh and organic fruits such as Raspberries, Blueberries, and Strawberries. These fruits, rich in antioxidant properties, are known to combat chronic diseases like cancer and cardiovascular diseases. The growing seasons for these fruits can be challenging for profitability due to their perishable nature. However, the use of robotic palletizers ensures efficient and accurate handling, reducing production costs and minimizing damage to the fruits. Raspberries, Blueberries, and Strawberries, along with Cranberries, are rich sources of phytochemicals like polyphenols, carotenoids, flavonoids, minerals, vitamins, dietary fibers, and bioactive components. Oxygen free radicals, a major cause of these diseases, are neutralized by the tannins and phenolics present in these fruits. The market for organic fruits is on the rise due to increasing consumer awareness and demand for healthier food options. The production of RTE (Ready-to-Eat) and RTD (Ready-to-Drink) products like juices, syrups, and desserts from these fruits is a growing trend. The taste, skin, and health benefits of these fruits make them a popular choice for consumers. The use of robotic palletizers in the production of these products ensures the maintenance of the fruits' natural taste, texture, and nutritional value.

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. Key growth drivers for the global industrial machinery, supplies, and components market include expanding industrial production in process and discrete industries, fueled by increasing demand for energy, chemicals and petrochemicals, pulp and paper products, and processed food and beverages in developing economies.

The Robotic Palletizer Market is experiencing significant growth, fueled by the automation of material handling operations to reduce labor requirement. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.

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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