Packaging Robots Market Technology, Opportunities and Key Manufacturers Report 2021-2030
rise in investment in various end-user industries such as food & beverage, consumer products, pharmaceuticals, industrial goods, and others.
PORTLAND, OR, UNITES STATES, March 24, 2022 /EINPresswire.com/ -- According to a new report published by Allied Market Research, titled, “Packaging Robots Market by Gripper Type, Application, and End-User: Global Opportunity Analysis and Industry Forecast, 2021–2030.” The global packaging robots market size was valued at $4.3billion in 2020 and is projected to reach $14.4 billion by 2030, growing at a CAGR of 12.3% from 2020 to 2030.
This research report will give you deep insights about the Packaging Robots Market and it will also help you in strategic decision making. The final research document is an exhaustive document comprising of pages. All our reports are usually purchased across industries by Executives, Managers, Senior Managers, Strategy people, Directors, Vice Presidents, CXOs, etc. and help them in understanding about the market trends and analysis, competition, industry landscape, market size, market revenue, forecast, COVID-19 impact analysis, SWOT analysis, etc.
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Packaging robots are designed to open, fill, transport, palletize, seal, and label for packaging sectors. Packaging robots are used in various industries such as food & beverages, chemicals, and pharmaceuticals. The integration of packaging robots technology ensures accuracy and facilitates automation apart from increasing the storage space and operation efficiency. The market driven by surge in demand for automation due to intense competition in e-commerce sector, rise in number of stock-keeping units, and advancements in technology. However, high initial cost and shortage of skilled & trained personnel restrain the packaging robots market growth.
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The report provides study at global and regional level to provide comprehensive value market analysis for the years (2017 & 2018 – Historic Years, 2019 – Base Year and 2020-2027 Forecast Period). The Packaging Robots Market research report is a wide-ranging study of current trends, market growth drivers, and restraints. Each market segment is broadly analyzed at a powdered level by region (North America, Europe, Asia Pacific, Middle East & Africa, and South & Central America) to provide thorough information on the global and regional level.
On the basis of region, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA. Asia-Pacific is the largest user of packaging robots, followed by Europe. LAMEA is expected to grow at a CAGR of 19.4% during the forecast period. Asia-Pacific is expected to dominate the global packaging robots market due to growth in the e-commerce, food & beverage, pharmaceuticals, consumer products, logistics, and others industries during the forecast period.
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The global packaging robots market witnessed significant growth over the past decade, owing to rise in investment in various end-user industries such as food & beverage, consumer products, pharmaceuticals, industrial goods, and others. A number of players expanded their business globally, owing to increase in customer base, enhanced effective operations, developed product portfolios, and expanded geographical reach. Moreover, growth in e-commerce, food & beverage, and pharmaceutical industries is expected to boost the adoption of robots, which is anticipated to provide lucrative opportunities for the growth of the market during the forecast period
Key players :
ABB Limited, Krones AG, Fanuc Corporation, Schneider Electric SE, Yaskawa America Inc., Mitsubishi Electric Corporation, Bosch Packaging Technology (Robert Bosch GmbH), Brenton Engineering, Kuka Roboter GmbH, and Remtec Automation LLC.
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David Correa
Allied Analytics LLP
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