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The future of the robotic palletizer market looks promising with opportunities in the food & beverages, pharmaceuticals, electronics & semiconductor industries. The global robotic palletizer market is expected to decline in 2020 due to global economic recession led by COVID-19. However, the market will witness recovery in 2021 and it is expected to grow with a CAGR of 12% to 14% from 2020 to 2025. The major growth drivers for this market are adoption of automation, the growing popularity of collaborative robots in material handling.
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Growth in various segments of the robotic palletizer market are given below: