PUBLISHER: Stratistics Market Research Consulting | PRODUCT CODE: 1284087
PUBLISHER: Stratistics Market Research Consulting | PRODUCT CODE: 1284087
Palletizer Market Forecasts to 2028 - Global Analysis By Product Type, Machine Type, Application and By Geography
According to Stratistics MRC, the Global Palletizer Market is accounted for $1.84 billion in 2022 and is expected to reach $2.65 billion by 2028 growing at a CAGR of 6.2% during the forecast period. A palletizer is a device used to arrange products on a pallet. It is made with the intention of aligning, arranging, and packing various goods for freight forwarding. The requirements of the end users will determine how it will be implemented. Palletizers guarantee the accuracy, efficiency, and stability of the load. They also allow for the transportation of numerous loads. The shift from manual to machine-controlled operations is turning into an additional benefit as employers' expectations for worker safety and flexibility rise. The most important pieces of equipment for automated material handling systems are palletizers.
According to the Germany's Federal Statistical Office, the approximately 250 companies, mainly medium-sized organizations produced packaging machinery worth around EUR 7.3 billion, an increase of 2% from previous year. The Italian government's Industry 4.0 incentive scheme is also proving to be aiding the growth of packaging machinery as well as palletizers in Italy.
Market Dynamics:
Driver:
High demand from food & beverages industry
Due to the low cost, small footprint, and high throughput rate of palletizers, the food and beverage industry has always played a significant role in increasing market revenue. For every industry, including the pharmaceutical, chemical, personal care, and cosmetics ones, palletizing systems are helpful components at the end of a packaging line. The implementation of the selective compliance assembly robot arm (SCARA) in the food processing industry, along with innovations in manufacturing that are lowering energy costs, leads one to the conclusion that the industry is bracing itself for advancements in the packaging machinery and palletizer sectors in the near future. Therefore, the need for palletizing robots has never been more crucial for the success of the food and beverage industry.
Restraint:
Not appropriate in every circumstance
However, unusually sized pallets or products may need additional equipment or tools, even though the palletizers can adapt to the majority of warehouse and factory environments. Additionally, it requires routine maintenance for optimal performance, costing the producers a lot in after-sale services. The market growth rate for palletizers will be hampered by these factors.
Opportunity:
Human machine interface popularity to drive market expansion
The world of manufacturing is currently governed by human-machine interfaces. Multiple product layers, different case sizes, and handling pallet patterns are being accommodated by reconfiguring the machinery. Robotic palletizing keeps the end-of-line process moving continuously, which boosts output and cuts down on downtime. In order to increase production rates, market participants are also stepping up their selling strategies by moving toward automation. As an illustration, PremierTech and Buhler Group worked together in August 2019 to develop solutions for food-safe bagging, automated palletizing, and other issues. During the projection period, adoption of these technologies is anticipated to fuel the palletizer market's expansion.
Threat:
High initial investments in manufacturing
The primary factor impeding market growth is the initial capital expenditure necessary for manufacturing processes and R&D. It is anticipated that the manufacturers will invest significantly in creating technologically sophisticated palletizing machines. Additionally, it necessitates routine maintenance for efficient operation, costing the manufacturers a lot in after-sale services. It is difficult for small and medium-sized manufacturers to factor in the cost of unnecessary maintenance. In turn, this is impeding market expansion.
COVID-19 Impact:
Globally, the manufacturing industry has been negatively impacted by the COVID-19 pandemic's constant evolution. However, the global palletizer market experienced low impact amid the pandemic. As a result, there is now a health emergency, which has increased demand for pharmaceuticals and healthcare products. In turn, pick-and-place robot demand increased as a result. Governmental organizations from all over the world are also actively promoting worker safety and a quick supply of equipment. In order to deal with the current situation, manufacturers like Kawasaki Heavy Industries, Ltd., Honeywell Intelligrated, ABB, BW Packaging Systems, and others are increasing their investments in the market for automatic machines. It is eventually increasing the demand for these machines across the end-use industries, including food and beverage, healthcare and pharmaceuticals, automotive, and others. The COVID-19 pandemic thus has a moderate impact on global market share.
The robotic palletizer segment is expected to be the largest during the forecast period
The robotic palletizer segment is expected to grow significantly during the forecasted period. This is due to a number of features of robotic technology, such as support for intricate layer patterns and the capacity to change product proportions. Additionally, robotic palletizers have a lower potential for user injury owing to improved human-machine interactions, which is fueling the growth of the robotic palletizing segment.
The healthcare and pharmaceuticals segment is expected to have the highest CAGR during the forecast period
The healthcare and pharmaceuticals segment is anticipated to have the highest CAGR during the forecast period. It is attributed to rising medication consumption. Additionally, these devices speed up the packaging procedures, reducing the amount of time that the drugs must travel. The COVID-19 pandemic has increased the demand for medications, which in turn has increased the demand for these kinds of machines. Additionally, the dominance of multinationals in improving supply chain and operational efficiencies, along with the falling costs of highly advanced technology, significantly contribute to market value growth.
Region with largest share:
North America controls the market because it is one of the biggest and most advanced markets for implementing cutting-edge palletizing technologies. The United States is one of the biggest and most advanced markets for implementing cutting-edge palletizing techniques. The country's demand for palletizing solutions is expected to rise as a result of the robust economy, which has increased e-commerce activity, port traffic, and other manufacturing-related metrics. Furthermore, the robust economy of the nation, which includes rising port traffic, e-commerce activity, and significant manufacturing indices, has led to a significant expansion of manufacturing and is anticipated to increase demand for palletizing solutions.
Region with highest CAGR:
Asia Pacific is expected to experience the highest growth in the market during the forecast period as a result of the adoption of automatic palletizing machines in the manufacturing and commercial sectors. Due to the expansion of the packaging sector and the demand for automated packaging solutions, palletizer demand is rising. An increase in orders from the Asia-Pacific region is currently inundating the market. Additionally, well-known companies are building factories in countries with low production costs, such as China, India, and several Southeast Asian countries, which is boosting the market in this region.
Key players in the market:
Some of the key players profiled in the Palletizer Market include ABB Ltd., A-B-C Packaging Machine Corp, Anchor Packaging LLC, Berry Global Inc., Beumwer Group, BW Packaging Systems, CeDo Ltd., Columbia Machine, Inc., Concetti S.P.A, FANUC Corporation, Fuji Robotics Americas, Fuji Yusoki Kogyo Co., Ltd., Honeywell International Inc., Kawasaki Heavy Industries, Ltd., Kion Group AG, Krones AG, Kuka AG, Okura Yusoki Co., Ltd., Premier Tech Ltd., Schneider Packaging Equipment Co. Inc. and Wildeck.
Key Developments:
In April 2023, ABB is accelerating its growth strategy in the United States by investing approximately $170 million and creating highly skilled jobs in manufacturing, innovation and distribution operations. ABB is committed to growing in the US by investing in its electrification and automation businesses that meet increased demand from industry-leading customers, while supporting the clean energy transition and the trend towards reshoring of production.
In April 2022, Premier Tech announced its acquisition of Arima intending to increase its manufacturing productivity. This acquisition will offer smart manufacturing and further contribute to transforming the company and ultimately boost the market demand for palletizers.
In September 2021, AAA20Group, LLC, a subscription-based robotic solutions provider, announced to introduce new Robotics as a Service (RaaS) at the PACK EXPO 2021. AAA20 is targeting growing companies to cater to their solution as these companies benefit by relocating their workforce toward a higher level of activities to conserve valuable working capital.
Product Types Covered:
- Bulk
- Cases
- Bags
- Pail
Machine Types Covered:
- Conventional Palletizer
- Robotic Palletizer
Applications Covered:
- Chemicals
- Cosmetic and Personal Care
- Food and Beverages
- Healthcare and Pharmaceuticals
- Others Applications
Regions Covered:
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- UK
- Italy
- France
- Spain
- Rest of Europe
- Asia Pacific
- Japan
- China
- India
- Australia
- New Zealand
- South Korea
- Rest of Asia Pacific
- South America
- Argentina
- Brazil
- Chile
- Rest of South America
- Middle East & Africa
- Saudi Arabia
- UAE
- Qatar
- South Africa
- 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 2020, 2021, 2022, 2025, and 2028
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- 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
- Comprehensive profiling of additional market players (up to 3)
- SWOT Analysis of key players (up to 3)
- Regional Segmentation
- 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
Table of Contents
1 Executive Summary
2 Preface
- 2.1 Abstract
- 2.2 Stake Holders
- 2.3 Research Scope
- 2.4 Research Methodology
- 2.4.1 Data Mining
- 2.4.2 Data Analysis
- 2.4.3 Data Validation
- 2.4.4 Research Approach
- 2.5 Research Sources
- 2.5.1 Primary Research Sources
- 2.5.2 Secondary Research Sources
- 2.5.3 Assumptions
3 Market Trend Analysis
- 3.1 Introduction
- 3.2 Drivers
- 3.3 Restraints
- 3.4 Opportunities
- 3.5 Threats
- 3.6 Product Analysis
- 3.7 Application Analysis
- 3.8 Emerging Markets
- 3.9 Impact of Covid-19
4 Porters Five Force Analysis
- 4.1 Bargaining power of suppliers
- 4.2 Bargaining power of buyers
- 4.3 Threat of substitutes
- 4.4 Threat of new entrants
- 4.5 Competitive rivalry
5 Global Palletizer Market, By Product Type
- 5.1 Introduction
- 5.2 Bulk
- 5.3 Cases
- 5.4 Bags
- 5.5 Pail
6 Global Palletizer Market, By Machine Type
- 6.1 Introduction
- 6.2 Conventional Palletizer
- 6.2.1 High-Level
- 6.2.2 Low-Level
- 6.3 Robotic Palletizer
- 6.3.1 Anthromorphic
- 6.3.2 Gantry
7 Global Palletizer Market, By Application
- 7.1 Introduction
- 7.2 Chemicals
- 7.3 Cosmetic and Personal Care
- 7.4 Food and Beverages
- 7.5 Healthcare and Pharmaceuticals
- 7.6 Others Applications
8 Global Palletizer Market, By Geography
- 8.1 Introduction
- 8.2 North America
- 8.2.1 US
- 8.2.2 Canada
- 8.2.3 Mexico
- 8.3 Europe
- 8.3.1 Germany
- 8.3.2 UK
- 8.3.3 Italy
- 8.3.4 France
- 8.3.5 Spain
- 8.3.6 Rest of Europe
- 8.4 Asia Pacific
- 8.4.1 Japan
- 8.4.2 China
- 8.4.3 India
- 8.4.4 Australia
- 8.4.5 New Zealand
- 8.4.6 South Korea
- 8.4.7 Rest of Asia Pacific
- 8.5 South America
- 8.5.1 Argentina
- 8.5.2 Brazil
- 8.5.3 Chile
- 8.5.4 Rest of South America
- 8.6 Middle East & Africa
- 8.6.1 Saudi Arabia
- 8.6.2 UAE
- 8.6.3 Qatar
- 8.6.4 South Africa
- 8.6.5 Rest of Middle East & Africa
9 Key Developments
- 9.1 Agreements, Partnerships, Collaborations and Joint Ventures
- 9.2 Acquisitions & Mergers
- 9.3 New Product Launch
- 9.4 Expansions
- 9.5 Other Key Strategies
10 Company Profiling
- 10.1 ABB Ltd.
- 10.2 A-B-C Packaging Machine Corp
- 10.3 Anchor Packaging LLC
- 10.4 Berry Global Inc.
- 10.5 Beumwer Group
- 10.6 BW Packaging Systems
- 10.7 CeDo Ltd.
- 10.8 Columbia Machine, Inc.
- 10.9 Concetti S.P.A
- 10.10 FANUC Corporation
- 10.11 Fuji Robotics Americas
- 10.12 Fuji Yusoki Kogyo Co., Ltd.
- 10.13 Honeywell International Inc.
- 10.14 Kawasaki Heavy Industries, Ltd.
- 10.15 Kion Group AG
- 10.16 Krones AG
- 10.17 Kuka AG
- 10.18 Okura Yusoki Co., Ltd.
- 10.19 Premier Tech Ltd.
- 10.20 Schneider Packaging Equipment Co. Inc.
- 10.21 Wildeck
List of Tables
- Table 1 Global Palletizer Market Outlook, By Region (2020-2028) ($MN)
- Table 2 Global Palletizer Market Outlook, By Product Type (2020-2028) ($MN)
- Table 3 Global Palletizer Market Outlook, By Bulk (2020-2028) ($MN)
- Table 4 Global Palletizer Market Outlook, By Cases (2020-2028) ($MN)
- Table 5 Global Palletizer Market Outlook, By Bags (2020-2028) ($MN)
- Table 6 Global Palletizer Market Outlook, By Pail (2020-2028) ($MN)
- Table 7 Global Palletizer Market Outlook, By Machine Type (2020-2028) ($MN)
- Table 8 Global Palletizer Market Outlook, By Conventional Palletizer (2020-2028) ($MN)
- Table 9 Global Palletizer Market Outlook, By High-Level (2020-2028) ($MN)
- Table 10 Global Palletizer Market Outlook, By Low-Level (2020-2028) ($MN)
- Table 11 Global Palletizer Market Outlook, By Robotic Palletizer (2020-2028) ($MN)
- Table 12 Global Palletizer Market Outlook, By Anthromorphic (2020-2028) ($MN)
- Table 13 Global Palletizer Market Outlook, By Gantry (2020-2028) ($MN)
- Table 14 Global Palletizer Market Outlook, By Application (2020-2028) ($MN)
- Table 15 Global Palletizer Market Outlook, By Chemicals (2020-2028) ($MN)
- Table 16 Global Palletizer Market Outlook, By Cosmetic and Personal Care (2020-2028) ($MN)
- Table 17 Global Palletizer Market Outlook, By Food and Beverages (2020-2028) ($MN)
- Table 18 Global Palletizer Market Outlook, By Healthcare and Pharmaceuticals (2020-2028) ($MN)
- Table 19 Global Palletizer Market Outlook, By Other Applications (2020-2028) ($MN)
- Table 20 North America Palletizer Market Outlook, By Country (2020-2028) ($MN)
- Table 21 North America Palletizer Market Outlook, By Product Type (2020-2028) ($MN)
- Table 22 North America Palletizer Market Outlook, By Bulk (2020-2028) ($MN)
- Table 23 North America Palletizer Market Outlook, By Cases (2020-2028) ($MN)
- Table 24 North America Palletizer Market Outlook, By Bags (2020-2028) ($MN)
- Table 25 North America Palletizer Market Outlook, By Pail (2020-2028) ($MN)
- Table 26 North America Palletizer Market Outlook, By Machine Type (2020-2028) ($MN)
- Table 27 North America Palletizer Market Outlook, By Conventional Palletizer (2020-2028) ($MN)
- Table 28 North America Palletizer Market Outlook, By High-Level (2020-2028) ($MN)
- Table 29 North America Palletizer Market Outlook, By Low-Level (2020-2028) ($MN)
- Table 30 North America Palletizer Market Outlook, By Robotic Palletizer (2020-2028) ($MN)
- Table 31 North America Palletizer Market Outlook, By Anthromorphic (2020-2028) ($MN)
- Table 32 North America Palletizer Market Outlook, By Gantry (2020-2028) ($MN)
- Table 33 North America Palletizer Market Outlook, By Application (2020-2028) ($MN)
- Table 34 North America Palletizer Market Outlook, By Chemicals (2020-2028) ($MN)
- Table 35 North America Palletizer Market Outlook, By Cosmetic and Personal Care (2020-2028) ($MN)
- Table 36 North America Palletizer Market Outlook, By Food and Beverages (2020-2028) ($MN)
- Table 37 North America Palletizer Market Outlook, By Healthcare and Pharmaceuticals (2020-2028) ($MN)
- Table 38 North America Palletizer Market Outlook, By Other Applications (2020-2028) ($MN)
- Table 39 Europe Palletizer Market Outlook, By Country (2020-2028) ($MN)
- Table 40 Europe Palletizer Market Outlook, By Product Type (2020-2028) ($MN)
- Table 41 Europe Palletizer Market Outlook, By Bulk (2020-2028) ($MN)
- Table 42 Europe Palletizer Market Outlook, By Cases (2020-2028) ($MN)
- Table 43 Europe Palletizer Market Outlook, By Bags (2020-2028) ($MN)
- Table 44 Europe Palletizer Market Outlook, By Pail (2020-2028) ($MN)
- Table 45 Europe Palletizer Market Outlook, By Machine Type (2020-2028) ($MN)
- Table 46 Europe Palletizer Market Outlook, By Conventional Palletizer (2020-2028) ($MN)
- Table 47 Europe Palletizer Market Outlook, By High-Level (2020-2028) ($MN)
- Table 48 Europe Palletizer Market Outlook, By Low-Level (2020-2028) ($MN)
- Table 49 Europe Palletizer Market Outlook, By Robotic Palletizer (2020-2028) ($MN)
- Table 50 Europe Palletizer Market Outlook, By Anthromorphic (2020-2028) ($MN)
- Table 51 Europe Palletizer Market Outlook, By Gantry (2020-2028) ($MN)
- Table 52 Europe Palletizer Market Outlook, By Application (2020-2028) ($MN)
- Table 53 Europe Palletizer Market Outlook, By Chemicals (2020-2028) ($MN)
- Table 54 Europe Palletizer Market Outlook, By Cosmetic and Personal Care (2020-2028) ($MN)
- Table 55 Europe Palletizer Market Outlook, By Food and Beverages (2020-2028) ($MN)
- Table 56 Europe Palletizer Market Outlook, By Healthcare and Pharmaceuticals (2020-2028) ($MN)
- Table 57 Europe Palletizer Market Outlook, By Other Applications (2020-2028) ($MN)
- Table 58 Asia Pacific Palletizer Market Outlook, By Country (2020-2028) ($MN)
- Table 59 Asia Pacific Palletizer Market Outlook, By Product Type (2020-2028) ($MN)
- Table 60 Asia Pacific Palletizer Market Outlook, By Bulk (2020-2028) ($MN)
- Table 61 Asia Pacific Palletizer Market Outlook, By Cases (2020-2028) ($MN)
- Table 62 Asia Pacific Palletizer Market Outlook, By Bags (2020-2028) ($MN)
- Table 63 Asia Pacific Palletizer Market Outlook, By Pail (2020-2028) ($MN)
- Table 64 Asia Pacific Palletizer Market Outlook, By Machine Type (2020-2028) ($MN)
- Table 65 Asia Pacific Palletizer Market Outlook, By Conventional Palletizer (2020-2028) ($MN)
- Table 66 Asia Pacific Palletizer Market Outlook, By High-Level (2020-2028) ($MN)
- Table 67 Asia Pacific Palletizer Market Outlook, By Low-Level (2020-2028) ($MN)
- Table 68 Asia Pacific Palletizer Market Outlook, By Robotic Palletizer (2020-2028) ($MN)
- Table 69 Asia Pacific Palletizer Market Outlook, By Anthromorphic (2020-2028) ($MN)
- Table 70 Asia Pacific Palletizer Market Outlook, By Gantry (2020-2028) ($MN)
- Table 71 Asia Pacific Palletizer Market Outlook, By Application (2020-2028) ($MN)
- Table 72 Asia Pacific Palletizer Market Outlook, By Chemicals (2020-2028) ($MN)
- Table 73 Asia Pacific Palletizer Market Outlook, By Cosmetic and Personal Care (2020-2028) ($MN)
- Table 74 Asia Pacific Palletizer Market Outlook, By Food and Beverages (2020-2028) ($MN)
- Table 75 Asia Pacific Palletizer Market Outlook, By Healthcare and Pharmaceuticals (2020-2028) ($MN)
- Table 76 Asia Pacific Palletizer Market Outlook, By Other Applications (2020-2028) ($MN)
- Table 77 South America Palletizer Market Outlook, By Country (2020-2028) ($MN)
- Table 78 South America Palletizer Market Outlook, By Product Type (2020-2028) ($MN)
- Table 79 South America Palletizer Market Outlook, By Bulk (2020-2028) ($MN)
- Table 80 South America Palletizer Market Outlook, By Cases (2020-2028) ($MN)
- Table 81 South America Palletizer Market Outlook, By Bags (2020-2028) ($MN)
- Table 82 South America Palletizer Market Outlook, By Pail (2020-2028) ($MN)
- Table 83 South America Palletizer Market Outlook, By Machine Type (2020-2028) ($MN)
- Table 84 South America Palletizer Market Outlook, By Conventional Palletizer (2020-2028) ($MN)
- Table 85 South America Palletizer Market Outlook, By High-Level (2020-2028) ($MN)
- Table 86 South America Palletizer Market Outlook, By Low-Level (2020-2028) ($MN)
- Table 87 South America Palletizer Market Outlook, By Robotic Palletizer (2020-2028) ($MN)
- Table 88 South America Palletizer Market Outlook, By Anthromorphic (2020-2028) ($MN)
- Table 89 South America Palletizer Market Outlook, By Gantry (2020-2028) ($MN)
- Table 90 South America Palletizer Market Outlook, By Application (2020-2028) ($MN)
- Table 91 South America Palletizer Market Outlook, By Chemicals (2020-2028) ($MN)
- Table 92 South America Palletizer Market Outlook, By Cosmetic and Personal Care (2020-2028) ($MN)
- Table 93 South America Palletizer Market Outlook, By Food and Beverages (2020-2028) ($MN)
- Table 94 South America Palletizer Market Outlook, By Healthcare and Pharmaceuticals (2020-2028) ($MN)
- Table 95 South America Palletizer Market Outlook, By Other Applications (2020-2028) ($MN)
- Table 96 Middle East & Africa Palletizer Market Outlook, By Country (2020-2028) ($MN)
- Table 97 Middle East & Africa Palletizer Market Outlook, By Product Type (2020-2028) ($MN)
- Table 98 Middle East & Africa Palletizer Market Outlook, By Bulk (2020-2028) ($MN)
- Table 99 Middle East & Africa Palletizer Market Outlook, By Cases (2020-2028) ($MN)
- Table 100 Middle East & Africa Palletizer Market Outlook, By Bags (2020-2028) ($MN)
- Table 101 Middle East & Africa Palletizer Market Outlook, By Pail (2020-2028) ($MN)
- Table 102 Middle East & Africa Palletizer Market Outlook, By Machine Type (2020-2028) ($MN)
- Table 103 Middle East & Africa Palletizer Market Outlook, By Conventional Palletizer (2020-2028) ($MN)
- Table 104 Middle East & Africa Palletizer Market Outlook, By High-Level (2020-2028) ($MN)
- Table 105 Middle East & Africa Palletizer Market Outlook, By Low-Level (2020-2028) ($MN)
- Table 106 Middle East & Africa Palletizer Market Outlook, By Robotic Palletizer (2020-2028) ($MN)
- Table 107 Middle East & Africa Palletizer Market Outlook, By Anthromorphic (2020-2028) ($MN)
- Table 108 Middle East & Africa Palletizer Market Outlook, By Gantry (2020-2028) ($MN)
- Table 109 Middle East & Africa Palletizer Market Outlook, By Application (2020-2028) ($MN)
- Table 110 Middle East & Africa Palletizer Market Outlook, By Chemicals (2020-2028) ($MN)
- Table 111 Middle East & Africa Palletizer Market Outlook, By Cosmetic and Personal Care (2020-2028) ($MN)
- Table 112 Middle East & Africa Palletizer Market Outlook, By Food and Beverages (2020-2028) ($MN)
- Table 113 Middle East & Africa Palletizer Market Outlook, By Healthcare and Pharmaceuticals (2020-2028) ($MN)
- Table 114 Middle East & Africa Palletizer Market Outlook, By Other Applications (2020-2028) ($MN)
