Packaging Automation Solution - Global Market Outlook (2019-2027)
According to Stratistics MRC, the Global Packaging Automation Solution Market is accounted for $42.60 billion in 2019 and is expected to reach $95.94 billion by 2027 growing at a CAGR of 10.7% during the forecast period. Increasing adoption of these solutions across various industries and reduction in labor costs are the major factors driving the market growth. However, high cost and installation of these systems is restraining the market growth.
Packaging Automation Solution is defined as the system that utilizes packaging machine to achieve packaging process without human intervention. Packaging machines completes the stages of the packaging process. They have advantages such as reduction in labor costs associated and increasing the efficiency of the packaging procedure through the usage of automation. They are used for sealing, wrapping, etc.
Based on function, the case packaging segment is likely to have a huge demand due to the increasing demand from industries for the purpose of secondary packaging, increased usage of robots for picking, placing, packaging in various industries. By geography, Europe is going to have a lucrative growth during the forecast period due to fast adoption of new technology, presence of several manufacturing industries and also packaging automation providers in the region.
Some of the key players profiled in the Packaging Automation Solution Market include ABB Ltd, Automated Packaging Systems Inc, Beumer Group GmbH & Co Kg, Emerson Electric Co, Kollmorgen, Mitsubishi Electric Corp, Rockwell Automation Inc, Schneider Electric Se, Siemens AG and Swisslog Holding AG.
• Direct Sales
Software and Services Covered:
• Case Packaging
• Form Filling & Sealing (FFS)
• Automated Conveyor & Sortation Systems
• Automated Packagers
• Packaging Robots
End Users Covered:
• Aerospace and Defense
• Food and Beverages
• Semiconductor and Electronics
• Logistics and Warehousing
• North America
o Rest of Europe
• Asia Pacific
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o South Africa
o Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2018, 2019, 2020, 2024 and 2027
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic analysis: Drivers and Constraints, Product/Technology Analysis, Porter’s five forces analysis, SWOT analysis, etc.
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
Best in class reports with high standard of research integrity
24X7 Research Support
Continuous support to ensure the best customer experience.
Adding more values to your product of interest.
Safe & Secure Access
Providing a secured environment for all online transactions.
Trusted by 600+ Brands
Serving the most reputed brands across the world.