Category

Packaging Automation Market - Forecast From 2019 To 2024

119 pages
Published on : Jun 2019
Report Code : KSI061612683

Related Reports

Description

Packaging Automation enables improvement in accuracy, efficiency and shorter packaging time. These solutions use machinery at various stages of the packaging of the product such as filling, capping, wrapping and labelling among others. The rising preference towards automation coupled with time saving and efficiency features of packaging machines is anticipated to drive the packaging automation market. The growing consumption of food & beverages along with increasing demand for safe and protective packaging is projected to be a major driver for the packaging automation market during the upcoming years. Moreover, growing demand by the manufacturers to speed up the packaging process to meet the consumer needs is projected to propel the market growth for packaging automation solutions. Furthermore, technological advancements such as wireless technology is expected to create growth opportunities for the market growth during the forecast period. However, the high investment cost is anticipated to hinder the market growth in the coming years. Asia-Pacific is expected to witness a significant growth owing to the rising food & beverage and logistics industry. North America and Europe are also anticipated to show steady growth in the upcoming years.

DRIVERS

Budding packaging industry.

Rising technological advancements.

RESTRAINTS

High investment cost

INDUSTRY UPDATE

In October 2018, Automated Packaging Systems, the world leader in high-reliability bagging systems, launched two new Auto-bag bag packaging systems with advanced engineering technology for flexibility and efficiency in large bag applications.

In September 2017, Automated Packaging Systems, the world leader in high-reliability bagging systems, introduced a new, fully-integrated counter and bag packaging system designed for high-speed counting and packaging of bulk small products.

The major players profiled in the Packaging Automation market include Automated Packaging Systems, Inc., Swisslog Holding Ltd., Rockwell Automation Inc, Siemens AG, Kollmorgen, BEUMER Group, ABB Ltd.

Segmentation

The Packaging Automation market has been analyzed through the following segments:

By Product Type

Automated packers

Automated conveyors

Automatic robot

Sort systems

Others

By Application

Filling

Labeling

Wrapping

Palletizing

Others

By Industry Vertical

Food & Beverage

Logistics

Electronics

Automotive

Healthcare

By Geography

North America

USA

Canada

Mexico

South America

Brazil

Argentina

Others

Europe

Germany

France

United Kingdom

Spain

Others

Middle East and Africa

Saudi Arabia

Israel

Others

Asia Pacific

China

Japan

South Korea

India

Others

OUR CLIENTS