Online Retail Boom Accelerates Packaging Automation Market to USD 52.2 Billion, Growing at a 3.7% CAGR from 2024 to 2032: Report by Transparency Market Research, Inc

Packaging automation is growing, driven by the increased efficiency of new packaging technologies.

Wilmington, Delaware, United States, Transparency Market Research, Inc. , Sept. 03, 2024 (GLOBE NEWSWIRE) -- The global packaging automation market (포장 자동화 시장) was projected to attain US$ 37.5 billion in 2023. It is likely to garner a 3.7% CAGR from 2024 to 2032, and by 2032, the market is expected to attain US$ 52.2 billion.

Automated machinery and technology are integrated into the packaging process through packaging automation. Long-term material waste may be avoided with the aid of this technology, which also allows manufacturers to reallocate critical resources to high-value projects or activities.

The majority of the packaging process may be improved using automated packaging systems; machines are available for everything from conveying and wrapping to selecting and packing.

Pallet wrapping, carton taping, and box erecting can also be mechanized for shipment, and automated and semi-automated packing methods can be distinguished.

Semi-automated packaging combines human assistance with a certain amount of automation. For example, when an operator starts the packaging process, an automatic system will finish it.

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Key Findings of Market Report

Growing emphasis on lowering labor costs, eliminating waste, boosting output, and enhancing safety is anticipated to fuel the packaging automation market's expansion in the near future.
It is possible to customize automated packaging methods to solve a range of issues, including packing perishable items and safeguarding the integrity of fragile antiques.
Automating packing processes may be advantageous for a variety of businesses, including e-commerce, consumer goods, food & beverage, and more.
These devices provide precision, uniformity, and speed in the filling process while increasing productivity and reducing labor costs.

Market Trends for Packaging Automation

With packaging automation, businesses can develop specialized packaging for individual products, ensuring the best possible protection during transportation and improving appearance and brand recognition. In the e-commerce industry, this customization capability is critical as packaging affects marketing and brand recognition.
With more consumers turning to online shopping and e-commerce platforms, there is a growing demand for efficient and automated packaging solutions.
In order to improve customer happiness, expedite shipment, and streamline operations, a number of retailers are investing in packing automation technology. The dynamics of the packaging automation industry are therefore being fueled by this.

Global Market for Packaging Automation: Regional Outlook

The packaging automation market is expected to be dominated by Europe in 2023, based on recent trends. The region's market figures are increasing due to growing worker safety concerns and the introduction of cutting-edge technology like digital manufacturing, packaging robots, and autonomous robots.
The CRYOVAC Brand 308A CE Vertical Form-Fill-Seal technology is a new automated liquid packaging technology that SEE (previously Sealed Air) introduced in November 2023. Packages up to 2 kg can be processed by this technology in one or two steps.
The market share of packaging automation in Europe is increasing due to the surge in the use of made-to-measure and on-demand paper bags.

Global Packaging Automation Market: Competitive Landscape

In order to meet growing consumer demand for sustainability in the food and beverage and e-commerce sectors, the leading companies in the global packaging automation market are concentrating on developing state-of-the-art vision systems for packaging automation as well as adaptable packaging automation software for dynamic workflows.

Additionally, suppliers are introducing tailored packaging automation systems for a range of sectors. EndFlex Packaging Machinery introduced a brand-new turnkey system for selecting, arranging, and sealing bottles in cartons in July 2023. The following companies are well-known participants in the global packaging automation market:

ABB Ltd.
Rockwell Automation Inc.
Schneider Electric SE
Siemens AG
Mitsubishi Electric Corporation
Automated Packaging Systems Inc.
Swisslog Holding AG
Beumer Group

Key developments by the players in this market are:

German food merchant Bartels-Langness chose Swisslog Holding AG to be the primary integrator of a new automated high bay warehouse in 2023. The whole intralogistics and civil engineering work at the current Neumünster site will be covered by the €13.9 million project.
In order to provide industrial clients with simpler, more intelligent, and more efficient methods to develop, implement, and oversee robot applications, Rockwell Automation, Inc. teamed up with Comau, a producer of industrial automation and robots, in 2021.

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Global Packaging Automation Market Segmentation
By Product Type

Die Cut Display Containers
Corrugated Cardboard Boxes
Shrink-wrapped Trays
Plastic Containers
Folding Cartons
Modified Cases
Others (Promotional Bins, etc.)

By Material Type

Paper & Paperboard
Plastics
Others (Metals, Fiberboard, Glass, etc.)

By Application

Food

Dairy Products
Fruits & Vegetables
Pet Food
Baby Food
Confectionery
Meat, Poultry & Seafood
Others

Beverages

Alcoholic Beverages
Non-alcoholic Beverages

Health & Beauty Products
Household Products
Electronics
Flowers
Others (Gifts, Flowers, Fashion Items, etc.)

By Region

North America
Latin America
Europe
Asia Pacific
Middle East & Africa

Have a Look at More Valuable Insights of Packaging

Sustainable Packaging Market: The global sustainable packaging market (지속 가능한 포장 시장) is estimated to flourish at a CAGR of 5.8% from 2023 to 2030.
Packaging Printing Market: The packaging printing market (포장 인쇄 시장) was valued at US$ 293.2 Bn in 2021. It is projected to grow at a CAGR of 4.7% from 2022 to 2030 and reach US$ 441.1 Billion by 2030.
Luxury Boxes Market – The global luxury boxes market (고급 상자 시장) is is estimated to grow at a CAGR of 4.1% from 2024 to 2032 and reach US$ 12.1 Billion by the end of 2032.
Plastic Drums Market – The global plastic drums market (플라스틱 드럼 시장) is estimated to grow at a CAGR of 3.5% from 2024 to 2032 and reach US$ 4.1 Billion by the end of 2032.

About Transparency Market Research

Transparency Market Research, a global market research company registered at Wilmington, Delaware, United States, provides custom research and consulting services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insights for thousands of decision makers. Our experienced team of Analysts, Researchers, and Consultants use proprietary data sources and various tools & techniques to gather and analyses information.

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