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Global Packaging Automation Solution Market Expected to Reach US$ 155 Billion by 2033

packaging automation

Global Packaging Automation Solution Market Expected to Reach US$ 155 Billion by 2033

The global packaging automation solutions market is poised to achieve a significant milestone, with projections indicating it will reach a value of US$ 155 billion by 2033. This growth is expected to occur at a compound annual growth rate (CAGR) of 7.5% from 2023 to 2033.

Packaging, typically conducted towards the end of the production line, involves the organization and protection of products for storage and transit. Utilizing various technologies, this process aims to enhance efficiency and speed. Packaging automation refers to the method of packaging products without human intervention, ranging from simple machinery to comprehensive packaging lines. These automated systems can handle tasks such as packing, stacking, and unitizing products, thereby streamlining operations.

The increasing adoption of advanced packaging technologies across diverse industries is anticipated to drive the growth of the global packaging automation solutions market. This trend is fueled by the desire to reduce labor costs and enhance productivity. Furthermore, factors such as rising industrialization rates and increased manufacturing activities, driven by population growth, are contributing to the expansion of this market.

Rising concerns for worker safety within manufacturing, coupled with notable technological advancements like packaging robots, autonomous systems, and digital manufacturing, are anticipated to drive the global market forward. Additionally, intensified competition among industry participants, heightened demand for seamless supply chain integration, the expanding globalization of production, the imperative for cost-effective manufacturing practices, and escalating labor costs are all poised to further fuel the growth of the global packaging automation solutions market.

Here are the key insights from the market study:

  • The global packaging automation solution market was valued at US$ 75 billion in 2023.
  • By the end of 2033, it is expected to reach US$ 155 billion.
  • The demand for packaging automation solutions is estimated to grow at a CAGR of 7.5% from 2023 to 2033.
  • Asia Pacific accounted for 39% of the global market share in 2022.
  • The packaging robots segment is forecasted to grow at a CAGR of 6% throughout the projected period.

According to an analyst from Fact.MR, the main drivers of the global packaging automation solutions market include increasing adoption of automation in manufacturing, rapid industrialization, expanding manufacturing activities due to population growth, and the imperative to reduce labor requirements.

Regional Analysis:

During the study period, Asia Pacific is poised to dominate the global packaging automation solution market. This dominance is driven by the region’s expanding industrialization and rising living standards, which have led consumers to prefer higher-quality goods and services. Additionally, the growing e-commerce industry in the region has heightened the demand for automated solutions to facilitate efficient inventory management.

Competitive Landscape:

Key players in the packaging automation solution market are employing various marketing tactics such as investments, alliances, acquisitions, R&D activities, and technological advancements to expand and sustain their global presence. Additionally, several startups are introducing technologically advanced products to capture market share.

One such example is NEXA System Engineering, a Polish startup specializing in robotic packing stations and labeling and marking systems. Their packaging machines utilize SCARA, Delta, and 6-axis robots, offering production flexibility.

ULMA Packaging showcased the TSA 400, a compact tray sealer, at IFFA 2022. This versatile machine is suitable for MAP, SKIN, LEAFMAPTM, and LEAFSKINTM applications, boasting a small footprint and high-speed output, making it ideal for space-constrained layouts.

MULTIVAC introduced the W 500 as a universal flow packing solution in April 2022. This highly versatile product can pack a wide range of food items and can function as a stand-alone solution or as part of an automated line, catering to diverse needs in the market.

In March 2022, ULMA Packaging announced the integration of BETTER-SEAL technology into their machines. This innovative technique enhances sealing in mono-material solutions, reflecting the company’s commitment to innovation and environmental sustainability.

Key Companies Profiled:

  • Automated Packaging Systems, Inc
  • ABB Ltd
  • Kollmorgen Corporation
  • Beumer Group GmbH & Co. KG
  • Rockwell Automation, Inc
  • Emerson Electric Company

More Valuable Insights on Offer:

Fact.MR introduces an impartial analysis of the global packaging automation solution market, offering comprehensive insights based on historical demand data spanning from 2018 to 2022 and forecast statistics covering the period from 2023 to 2033.

The study delves into crucial aspects of the market, categorizing insights by product type, including packaging robots, automated packagers, and automated conveyors & sorting systems. Additionally, it examines various end-use sectors such as food & beverages, logistics & warehousing, retail, healthcare & pharmaceuticals, semiconductors & electronics, and other industries.

These insights are further segmented across five major regions: North America, Europe, Asia Pacific, Latin America, and MEA, providing a thorough understanding of the market dynamics and trends on a global scale.

Packaging Automation Solution Market is Expected to touch US$ 155 billion by 2033

Packaging Automation Solution Market is Expected to touch US$ 155 billion by 2033

The global packaging automation solution market is set to reach US$ 155 billion by 2033, expanding at 7.5% CAGR from 2023 to 2033.

Packaging is usually carried out at the end of the line and consists of arranging and protecting products for storage and transportation. Various technologies are used to make this process more effective and quicker. Packaging automation is the technique of packaging a product without any human intervention. Packaging automation can be as simple as a single piece of machinery to as complex as a standard process or a full packaging line. They can range from fully automated packing lines that pack, stack, and unitize entire pallets of products to something as simple as automatically producing and packing cartons.

The global packaging automation solutions market is predicted to develop at a substantial rate owing to the increasing usage of advanced packaging technologies throughout various end-user industries in order to reduce labor costs and boost productivity. Moreover, the global market is being driven by an increase in the rate of industrialization and manufacturing activities as a result of the expanding population.

Increased worker safety concerns among manufacturers and growing technological breakthroughs such as packaging robots, autonomous robots, and digital manufacturing are expected to propel the global market. Furthermore, fierce competition among market players, increased demand for supply chain integration, growing globalization of production, the requirement for cost-efficient manufacturing, and rising labor prices are projected to accelerate the growth of the global packaging automation solution market.

Key Takeaways from Market Study

  • The global packaging automation solution market is valued at US$ 75 billion in 2023.
  • The market is anticipated to hit US$ 155 billion by the end of 2033.
  • Global demand for packaging automation solutions is projected to evolve at a CAGR of 7.5% from 2023 to 2033.
  • Asia Pacific held 39% share of the worldwide market in 2022.
  • The packaging robots segment is likely to expand at a CAGR of 6% during the forecast period.

Competitive Landscape

Key players in the packaging automation solution market are pursuing marketing tactics such as investments, alliances, acquisitions, R&D activities, and technological advancements to expand and maintain their worldwide presence. Moreover, many start-ups are introducing technologically advanced products to gain market share.

  • NEXA System Engineering, a Polish startup, provides robotic packing stations and labeling and marking systems. The packaging machines are centered on SCARA, Delta, and 6-axis robots, allowing production flexibility. Robotized systems work with cartoners that fold or prepare cartons, labelers, and sealers.
  • ULMA Packaging exhibited TSA 400, a newly designed, compact tray sealer, at IFFA 2022, in May 2022. The TSA 400, according to the manufacturer, is a very versatile machine that can function in MAP, SKIN, LEAFMAPTM, and LEAFSKINTM applications, with a tiny footprint and high-speed output of just 2.3 meters, making it ideal for constrained layouts.
  • MULTIVAC announced the market debut of its W 500 as a universal flow packing solution in April 2022. The product is extremely versatile and can be used to pack a wide variety of food goods. This product can be utilized either as a stand-alone solution or as part of an automated line. The company is working on expanding its equipment offering to a new field of application with the advent of the new W 500 horizontal flow packer.
automated

8 Reasons Why The Packaging Process Should Be Automated

The packaging process is an important part of the supply chain. It ensures that products are packaged for shipping to customers and stores. The problem is that it’s time-consuming, costly, and difficult to do right. Automating the process can help solve all three of those problems and more. This article will discuss 8 compelling reasons why you should automate your packaging process.

Automation Saves Money

Automation saves money. Automated packaging means that a company does not need to hire people to do the work, and this can save thousands of dollars in wages each year.

It also avoids hiring mistakes or costly labor turnover costs, which can be expensive for any business. Take case erector manufacturers, for example, they can potentially save up to a million dollars every year by automating the packaging process. So just imagine: with automated packaging, there’s no need to worry about hiring extra personnel; plus all of these savings help lower your overhead expenses and cost you less money!

Automation Reduces Human Error

Any human worker is bound to make errors no matter their resume. One of the key benefits of automation is that it reduces human error. Machines do not have a mind, so they cannot make any mistakes on their own and complete tasks more accurately than humans can.  The time, effort, and money that would be wasted on human error can instead be invested in other parts of the company. Human error is a huge problem in the business world, and it is imperative to eliminate this type of issue.

Packaging machines will always complete their tasks with accuracy because they cannot make any mistakes. This means there are no human errors occurring which speeds up production times drastically.

Since everything has been automated, nothing can go wrong anymore – unless you’re talking about hardware but that’s another conversation entirely.

Automation Is Time Efficient

Machines can take care of things at a faster rate than humans so it takes much less time for them to complete a process that would take hours or even days with human hands alone.

When employees don’t have to do tasks manually, they can focus on more important things- like the next step in the production process.

Automated systems provide a smoother workflow and reduce bottlenecks that could otherwise slow down productivity or cause quality control issues later on.

For example, the right software will reduce errors by simplifying processes through automation and data collection from across your supply chain – saving time, money, and hassle for everyone involved in the packaging process.

Automated Machines Are Easier To Maintain

Automated machinery doesn’t require much maintenance due to its design. Machines are created with a specific purpose in mind, and they don’t have many moving parts or components that break down easily.

Thus, the equipment for automated machines is less likely to break down than the machinery used by humans. Humans need time off and they can’t work 24/hours a day, this is not an issue with robots since their workloads don’t depend on human intervention. Robots also don’t need to take breaks or sleep.

Apart from this, automated machines are less likely to injure themselves since they have the ability to sense what’s around them and stop before any accidents happen. Human errors can lead to injuries when packaging products such as heavy boxes that could cause a personal injury if dropped on their foot for example. Automated machinery doesn’t make mistakes like these which means “packaging-related” accidents will be greatly reduced with automation; you don’t have to pay for hospital bills.

Automation Is Predictable

A human can’t be expected to do the same job consistently. Consistency is an important part of any process, and it isn’t possible for humans to perform tasks in exactly the same way every time. This difference makes your product more varied, which may not always be a good thing. Automation removes variation from your manufacturing process, giving you consistent results each time.

The automation process will produce a consistent quality of work that humans cannot achieve, such as making sure each box is sealed tightly before moving onto the next one so there are no leaks or spills in transit.

Automation Means Less Product Damage

Less product damage is one of the most important reasons why packaging should be automated. Product damages happen even before the products are shipped to customers due to improper handling or rough transportation. The only way to prevent this from happening in a manual setting would be double-checking and triple-checking every step which takes more time away from production line efficiency but automation would prevent this by doing the checking automatically once and for all.

Automation Means Better Customer Satisfaction

The automated packaging process will dramatically increase customer service and satisfaction. By eliminating the need for human error, the number of times customers have to wait can be drastically reduced. This means that you’ll be able to offer better communication with your prospects since they won’t feel like their needs are being ignored because there is no one available to answer them.

Customers also like their products coming from an automated system because they know that there will be no human error involved in packing them up correctly; this builds trust between customer and company. For manufacturers who want to sell globally, customers outside North America are wary about packaged goods being tampered with if people pack them manually.

Automation Means Lower Environmental Impact

One of the best reasons to consider automating packaging is that it will lead to less environmental impact. This means there are fewer emissions being pushed into the air or water because the machine is using less energy to operate. With an automated system, the operator doesn’t have to do as much physically and thus will be able to use a smaller footprint of space in their facility when they’re not operating it.

Another reason why automating packaging can lead to lower environmental impact is that there are fewer emissions being released into the atmosphere over time because machines don’t need any maintenance or replacement parts like humans would if they were doing this task themselves on a daily basis.

The automation process is predictable, which means you can be sure that your machines will work as intended. This also saves time and money in the long run because automated machinery requires less maintenance than human-driven equipment. Plus, when it comes to customers, they appreciate not having to wait on hold for hours or talk with someone who doesn’t know what they’re talking about! By implementing a degree of automation into your production line, you’ll have happier customers and more efficient operations without sacrificing quality.