The requirement for global packaging automation solutions industry is driven by a rise in the rate of manufacturing and industrialization activities owing to a growing population, reduction in the labor cost as automated packaging needs less manual inputs, and rise in industries using this solution including healthcare & pharmaceuticals, food & beverage, and e-commerce & logistics industry, automotive, chemicals, and others. Moreover, the use of automated solutions helps fast-paced and enhanced productivity, thereby leading to market growth.
MARKET DYNAMICS
The increase in the importance of shelf service marketing, ensuring speedy and effective packaging processes by manufacturers with minimal manual interventions, is the major factor driving the growth of the packaging automation solution market. Moreover, the increasing technological advancement in packaging technology is anticipated to provide new opportunities for packaging automation solutions market.
MARKET SCOPE
The "Global Packaging Automation Solution Market Analysis to 2028" is a specialized and in-depth study of the packaging automation solution market with a special focus on the global market trend analysis. The report aims to provide an overview of packaging automation solution market with detailed market segmentation by product type, component, function, vertical. The global packaging automation solution market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading packaging automation solution market players and offers key trends and opportunities in the packaging automation solution market.
MARKET SEGMENTATION
The global packaging automation solution market is segmented on the basis of product type, component, function, vertical. On the basis of product type, the market is segmented as automated packagers, packaging robots, automated conveyors and sortation systems. On the basis of component, the market is segmented as software, services. On the basis of function, the market is segmented as case packaging, palletizing, labeling, bagging, filling, capping, wrapping, others. On the basis of vertical, the market is segmented as food and beverages, healthcare, logistics and warehousing, chemical, retail, semiconductor and electronics, aerospace and defense, automotive, others
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global packaging automation solution market based on various segments. It also provides market size and forecast estimates from year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The packaging automation solution market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting packaging automation solution market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors effecting the packaging automation solution market in these regions.
MARKET PLAYERS
The reports cover key developments in the packaging automation solution market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from packaging automation solution market are anticipated to lucrative growth opportunities in the future with the rising demand for packaging automation solution market. Below mentioned is the list of few companies engaged in the packaging automation solution market.
The report also includes the profiles of key packaging automation solution market companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.
- ABB Ltd.
- Automated Packaging Systems, LLC
- BEUMER Group GmbH & Co., KG
- Emerson Electric Co.
- Kollmorgen
- Mitsubishi Electric Corporation
- Rockwell Automation
- Schneider Electric
- Siemens AG
- Swisslog Holding AG
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.