Packaging Automation Trends and Forecast
The future of the global packaging automation market looks promising with opportunities in the food & beverage, healthcare, personal care & cosmetic, electrical & electronic, aerospace & defense, and automotive industries. The global packaging automation market is expected to reach an estimated $118.6 billion by 2030 with a CAGR of 7.3% from 2024 to 2030. The major drivers for this market are increasing demand automated packaging technology to streamline operations, guarantee product quality, and fullfill growing consumer needs, growing use of automation solutions in various industries, and rising preference for secondary packaging automation.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Packaging Automation by Segment
The study includes a forecast for the global packaging automation by product type, function, end use industry, and region.
Packaging Automation Market by Product Type [Shipment Analysis by Value from 2018 to 2030]:
• Packaging Robots
• Secondary Packaging Automation
• Automated Conveyor and Sorting Systems
• Tertiary and Palletizing Automation
Packaging Automation Market by Function [Shipment Analysis by Value from 2018 to 2030]:
• Filling
• Labelling
• Bagging
• Palletizing
• Capping
• Others
Packaging Automation Market by End Use Industry [Shipment Analysis by Value from 2018 to 2030]:
• Food & Beverage
• Healthcare
• Personal Care & Cosmetics
• Electrical & Electronics
• Aerospace & Defense
• Automotive
• Others
Packaging Automation Market by Region [Shipment Analysis by Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of Packaging Automation Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies packaging automation companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the packaging automation companies profiled in this report include-
• BEUMER
• Rockwell Automation
• Mitsubishi Electric
• Automated Packaging Systems
• Linkx Packaging
• Siemens
• Swisslog Holding
• SATO Holdings
• Kollmorgen
• Ranpak
Packaging Automation Market Insights
Lucintel forecasts that filling is expected to witness highest growth over the forecast period due to significant use of automated filling equipment to improve packaging operations.
Food & beverage is expected to witness highest growth over the forecast perioddue to increasing demand automated packaging technology to streamline operations, guarantee product quality, and fullfill growing consumer needs.
APAC is expected to witness highest growth over the forecast period due to increasing amount spent on food and drink, expanding number of manufacturing units, and presence of key players in the region.
Features of the Global Packaging Automation Market
Market Size Estimates: Packaging automation market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Packaging automation market size by product type, function, end use industry, and region in terms of value ($B).
Regional Analysis: Packaging automation market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different product types, functions, end use industries, and regions for the packaging automation market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the packaging automation market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q.1 What is the packaging automation market size?
Answer: The global packaging automation market is expected to reach an estimated $118.6 billion by 2030.
Q.2 What is the growth forecast for packaging automation market?
Answer: The global packaging automation market is expected to grow with a CAGR of 7.3% from 2024 to 2030.
Q.3 What are the major drivers influencing the growth of the packaging automation market?
Answer: The major drivers for this market are increasing demand automated packaging technology to streamline operations, guarantee product quality, and fullfill growing consumer needs, growing use of automation solutions in various industries, and rising preference for secondary packaging automation.
Q4. What are the major segments for packaging automation market?
Answer: The future of the packaging automation market looks promising with opportunities in the food & beverage, healthcare, personal care & cosmetic, electrical & electronic, aerospace & defense, and automotive industries.
Q5. Who are the key packaging automation market companies?
Answer: Some of the key packaging automation companies are as follows:
• BEUMER
• Rockwell Automation
• Mitsubishi Electric
• Automated Packaging Systems
• Linkx Packaging
• Siemens
• Swisslog Holding
• SATO Holdings
• Kollmorgen
• Ranpak
Q6. Which packaging automation market segment will be the largest in future?
Answer: Lucintel forecasts that filling is expected to witness highest growth over the forecast period due to significant use of automated filling equipment to improve packaging operations.
Q7. In packaging automation market, which region is expected to be the largest in next 5 years?
Answer: APAC is expected to witness highest growth over the forecast period due to increasing amount spent on food and drink, expanding number of manufacturing units, and presence of key players in the region.
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the packaging automation market by product type (packaging robots, secondary packaging automation, automated conveyor & sorting systems, and tertiary & palletizing automation), function (filling, labelling, bagging, palletizing, capping, and others), end use industry (food & beverage, healthcare, personal care & cosmetics, electrical & electronics, aerospace & defense, automotive, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
For any questions related to Packaging Automation Market, Packaging Automation Market Size, Packaging Automation Market Growth, Packaging Automation Market Analysis, Packaging Automation Market Report, Packaging Automation Market Share, Packaging Automation Market Trends, Packaging Automation Market Forecast, Packaging Automation Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.