Packaging Automation Solution Market by Product Type, Function, Industry and by Geography – Opportunities & Forecast 2016-2021
Packaging Automation Solution Market by Product Type (Automated Packagers, Packaging Robots, Automated Conveyor & Sortation Systems), Function (Case Packaging, Palletizing, Labelling, Bagging, Filling, Capping, Wrapping, Others), Industry (Food and Beverages, Logistics and warehousing, Healthcare, Chemical, Retail, Semiconductor & Electronics, Aerospace and Defense, Automotive and Others) and by Geography
Packaging Automation Solution Market is projected to reach at USD 48 Billion by 2021 at a CAGR of 8.4% during the forecast period.
Major Packaging Automation Solution Market Drivers
The global packaging automation solution market has witnessed a substantial growth in recent years. The rise in the adoption rate of packaging automation solutions by industries as well as growing need for supply chain integration are the key factors fuelling the growth of the global packaging automation market. In addition, the growing trend of customised packaging automation solutions as well as growth in e-commerce and retail sectors will further propel the growth of the packaging automation solution during the forecast period.
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The case packaging function is estimated to dominate the packaging automation market in 2016 owing to the increasing demand from industries for the purpose of secondary packaging. The case packaging as well as palletizing segment is expected to grow at substantial growth rates during the forecast period. This growth can be attributed to the increased usage of robots for picking, placing, case packaging in various industries such as automotive, food beverages and retail.
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Regional – Segment Analysis
Europe is estimated to dominate the packaging automation solution market in 2016. The key factors fuelling the growth of the market include favourable government policies and regulations pertaining to the use environment friendly products and increased demand for advanced as well as cost-effective packaging automation solutions. U.K. and Germany are the key countries in the region. On the other hand, Asia-Pacific is expected to grow at the highest CAGR during the forecast period owing to the presence of large number of end-use industries as well as rising application of packaging automation solutions in high growth industries majorly food and beverages as well as healthcare.
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This research report on packaging automation solution market provides in-depth analysis of the global packaging automation solution market based on product type, function, industry and major geographies for the period from 2016 to 2021. The report highlights the major market drivers pushing the growth and challenges faced by market participants. The research report provides market size and forecast for packaging automation solution market. The report also analyses the competitive landscape and the major player and their strategies in 2016. The competitive landscape section of the report also captures and highlights the recent development in the market.
Top Market Players
The report also profiles the major companies active in this field, including Beumer Group GmbH & Co., Kg, Rockwell Automation, Inc, Mitsubishi Electric Corp., ABB Ltd., Emerson Electric Co., Siemens AG, Schneider Electric Se, ABB Ltd., Kollmorgen, Automated Packaging Systems, Inc.
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Key questions this research would answer:
• Is the packaging automation solution market growing? How long will it continue to grow and at what rate?
• What are the key drivers and restraints in the current market? What will be the impact of drivers and restraints in the future?
• What are the regional revenue and forecast breakdowns? What are the regional hotspots for growth in the packaging automation solution market?
• What are the various industry application areas and how they are poised to grow?
The global packaging automation solution market is segmented on the basis of product type, function, industry and geography:
Global Packaging Automation Solution Market by Product Type
• Automated Packagers
• Packaging Robots
• Automated Conveyor & Sortation Systems
Global Packaging Automation Solution Market by Function
• Case Packaging
• Palletizing
• Labelling
• Bagging
• Filling
• Capping
• Wrapping
• Others
Global Packaging Automation Solution Market by Region
• North America
• Europe
• Asia-Pacific
• RoW
Global Packaging Automation Solution Market Competitive Landscape
• Major Players and their Key Strategies
• New product launches
• Mergers and acquisitions
• Collaborations, partnerships, agreements and joint venture
Frequently Asked Question About This Report
Packaging Automation Solution Market [CGP03A-00-0719]
Europe is estimated to dominate the Packaging Automation Solution Market due to favourable government policies and regulations pertaining to the use environment friendly products and increased demand for advanced as well as cost-effective packaging automation solutions.
The major factors driving the Packaging Automation Solution Market is due to the rise in the adoption rate of packaging automation solutions by industries as well as growing need for supply chain integration are the key factors fuelling the growth of the global packaging automation market.
The case packaging function is expected to dominate the Packaging Automation Solution Market owing to the increasing demand from industries for the purpose of secondary packaging.
Packaging Automation Solution Market is predicted to grow at 8.4% CAGR during the forecast period.
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