The latest report by IMARC Group, titled “Packaging Robots Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027,” offers a comprehensive analysis of the industry, which comprises insights on Packaging Robots market share. The report also includes competitor and regional analysis, and contemporary advancements in the global market. The global packaging robots market reached a value of US$ 2,763.7 Million in 2021.Packaging robots are industrial robots designed to handle materials, move or pack goods, and seal and label products. These robots are integrated into manufacturing facilities to ensure that the products are packed with quality, accuracy, and consistency. Some commonly used packaging robots include articulated, cartesian, delta, and selective compliance assembly robot arm (SCARA) robots. Presently, these robots are extensively utilized across numerous industries, including food and beverage (F&B), pharmaceuticals, consumer goods, chemicals, electronics, and logistics.
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Global Packaging Robots Market Trends:
The market is primarily driven by the growing need for high-degree automation across various industries. Packaging robots can automate the production line, reduce labor costs, improve efficiency, and minimize product damage while enhancing the safety of the work environment. In addition, the growing need to reduce operational costs to meet the increasing consumer demand for high-quality products represents another major growth-inducing factor. Besides this, several key players in different sectors are making heavy investments to modernize the manufacturing facilities and enhance productivity, efficiency, and the final output. This, coupled with the emerging e-commerce industry, is escalating the demand for packaging robots to perform labor-intensive and critical tasks. Furthermore, rapid industrialization, favorable government policies, ongoing research and development (R&D) activities, and the easy availability of low-cost industrial robots are some of the other factors anticipated to propel the market growth. Looking forward, IMARC Group expects the market value to reach US$ 6,227.5 Million by 2027, expanding at a CAGR of 13.20% during the forecast period (2022-2027).
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Competitive Landscape with Key players:
The report has also analysed the competitive landscape of the market with some of the key players being.
ABB Ltd.
Fanuc Corporation
FIPA GmbH
KRONES AG
KUKA AG
MIP Robotics
Mitsubishi Electric Corporation
ProMach Inc.
Remtec Automation LLC
Schneider Electric SE
Syntegon Holding GmbH
Yaskawa America Inc. (Yaskawa Electric Corporation)
Packaging Robots Market Segmentation:
Our report has categorized the market based on region, gripper type, application and end user.
Breakup by Gripper Type:
Clamp
Claw
Vacuum
Others
Breakup by Application:
Picking and Placing
Packing
Tray Packing
Case Packing
Filling
Others
Palletizing
Case Palletizing
Bag Palletizing
De-Palletizing
Breakup by End User:
Food and Beverage
Pharmaceutical
Consumer Products
Logistics
Others