PUBLISHER: IMARC | PRODUCT CODE: 1298685
PUBLISHER: IMARC | PRODUCT CODE: 1298685
The global packaging robots market size reached US$ 3,198 Million in 2022. Looking forward, IMARC Group expects the market to reach a value of US$ 7,056 Million by 2028, exhibiting a growth rate (CAGR) of 12.8% during 2023-2028.
Packaging robots refer to industrial robot systems designed to handle materials, move or pack items, and seal and label them. Some commonly used packaging robots include articulated, cartesian, selective compliance assembly robot arm (SCARA), and delta robots. They are easy to integrate into manufacturing facilities and allow goods to be packed with quality, accuracy, and consistency. They are more reliable, efficient, flexible, and cost-effective than their human counterparts as they minimize the instances of faulty packaging, improve productivity, and speed up the delivery time. In recent years, packaging robots have gained traction across numerous industries, including food and beverage (F&B), pharmaceuticals, consumer goods, chemicals, electronics, and logistics.
Packaging robots help automate the packaging production line thereby, reducing labor costs, improving efficiency, enhancing safety in the work environment, and minimizing the damage to products. As a result, the rising need for high-degree automation across various sectors to cut costs and decrease wastage represents the primary factor driving the market growth. Besides this, the growing need to reduce operational costs and the escalating demand for high-quality products from consumers are accelerating the adoption of packaging robots. Additionally, significant growth in the e-commerce industry is escalating the demand for packaging robots to perform labor-intensive manual item picking tasks. Furthermore, several leading players in different sectors are making heavy investments in the modernization of manufacturing facilities to enhance productivity, efficiency, and output. Along with this, the easy availability of low-cost industrial robots is propelling the market growth. Moreover, the emerging pick and place applications across various sectors, rapid industrialization, favorable government policies, ongoing research and development (R&D) activities, product innovations, and technological advancements are some of the other factors providing a positive thrust to the market growth.
IMARC Group provides an analysis of the key trends in each sub-segment of the global packaging robots market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on gripper type, application and end user.
Clamp
Claw
Vacuum
Others
Picking and Placing
Packing
Tray Packing
Case Packing
Filling
Others
Palletizing
Case Palletizing
Bag Palletizing
De-Palletizing
Food and Beverage
Pharmaceutical
Consumer Products
Logistics
Others
North America
United States
Canada
Asia-Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa
The competitive landscape of the industry has also been examined along with the profiles of the key players being ABB Ltd., Fanuc Corporation, FIPA GmbH, KRONES AG, KUKA AG, MIP Robotics, Mitsubishi Electric Corporation, ProMach Inc., Remtec Automation LLC, Schneider Electric SE, Syntegon Holding GmbH and Yaskawa America Inc. (Yaskawa Electric Corporation).