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  March 8th, 2024 | Written by

Packaging Robots is Set to Grow US$ 7.5 Billion by 2032 at a CAGR of 8%

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According to data from Fact.MR, the global packaging robots market is on a significant growth trajectory, expected to surge from US$3.8 billion in 2022 to US$7.5 billion by 2032. This growth is projected to maintain a robust compound annual growth rate (CAGR) of 7% over the period spanning from 2022 to 2032.

Packaging robots, characterized by their adaptability, are engineered to efficiently handle labor-intensive tasks with speed and cost-effectiveness. Featuring integrated controls, user-friendly interfaces, and advanced software and sensors, these robots are designed for easy operation. Their key advantages lie in their flexibility, precision, and reliability. Tasks such as picking and placing, boxing, palletizing, and warehousing are within their versatile capabilities.

Many companies opt for packaging robots due to their ability to enhance supply chain efficiency, improve packaging effectiveness, and reduce operational costs. These robots utilize appropriate end-of-arm tooling to complete various packing operations. They are available in different sizes, payloads, reaches, and mounting configurations, making integration into different workspaces straightforward. 

Key Takeaways from Market Study

·         The global packaging robots market is slated to reach US$ 7.5 billion by 2032.

·         Sales of clamp grippers are expected to increase at a CAGR of 6% from 2022 to 2032

·         Market in Germany is estimated to develop at a CAGR of 4% through 2032.

·         Market in Japan is anticipated to evolve at a CAGR of 3.5% over the forecast period (2022-2032).

Vacuum grippers utilize suction force generated by a vacuum to perform various tasks, such as installation, packaging, and material handling. In the food and beverage sector, manufacturers are increasingly transitioning from traditional assembly line methods to fully automated assembly lines to produce both standard and customized packaging. 

This shift towards automation highlights the adoption of packaging robots equipped with vision capabilities, which are particularly preferred for assembly line operations. Employing packaging robots in these processes ensures superior quality, responsiveness, reliability, and precision for both primary and secondary applications.

Market Segmentations:

·         By Gripper Type: Claw, Clamp, Vacuum, Others

·         By Packaging Type: Primary Packaging, Secondary Packaging, Tertiary Packaging

·         By Application: Food & Beverages, Pharmaceuticals, Consumer Products, Logistics, Others

·         By Region: North America, Europe, Asia Pacific, Latin America, Middle East & Africa

Competitive Landscape

Top companies in the packaging robots market plan to conduct research and development initiatives to create unique robotic packaging systems to meet the increased demand from factories throughout the world. Key companies are anticipated to release advanced products to provide a reliable pick-and-place operation at work as smart factories continue to evolve and industrial automation is used.

In 2020, one of the biggest manufacturers of robots, Fanuc Corporation, introduced the R-2000id robot with cable-integrated technology. This robot has advanced features including picking and positioning and auto checking in addition to packaging.

Winning Strategy

Key market players are concentrating on growing their customer base internationally. Top suppliers are providing advanced robotic machines that may be used for simultaneous picking, palletising, and packing tasks.

In 2020, Bosch Packaging Technology’s German-based packaging machinery division was acquired by Syntegon Technology.

More Valuable Insights on Offer

Fact.MR presents an analysis of the global packaging robots market, presenting historical demand data (2017-2021) and forecast statistics for the period of 2022-2032.

 The study divulges essential insights on the market on the basis of gripper type (claw, clamp, vacuum, others), packaging type (primary packaging, secondary packaging, tertiary packaging), and application (food & beverages, pharmaceuticals, consumer products, logistics, others), across five major regions (North America, Europe, Asia Pacific, Latin America, and MEA).