What Has Been The Evolution of the Packaging Automation Market in Recent Years?
The packaging automation market has seen considerable growth due to a variety of factors.
• The packaging automation market has expanded rapidly in recent years. It will grow from $78.49 billion in 2024 to $86.72 billion in 2025, at a compound annual growth rate (CAGR) of 10.5%.
Factors contributing to this growth include higher demand for packaging automation, increased automation in secondary packaging, a need for automated packaging machines, and growing adoption of automation solutions across industries.
What Is the Forecasted Market Size and Growth Rate for The Packaging Automation Market Size In The Coming Years?
The packaging automation market is expected to maintain its strong growth trajectory in upcoming years.
• The packaging automation market is expected to reach $127.53 billion by 2029, with a CAGR of 10.1%.
This growth is driven by the increasing demand for productivity, industrialization, and manufacturing process improvements, as well as rising demand in the food and beverage, pharmaceutical, and cosmetics industries, and growing awareness of supply chain integration. Trends include innovation in packaging automation, technological advancements, customized packaging, and the rise of robotics technologies.
What Factors Are Driving Growth In The Packaging Automation Market?
The projected growth of the packaging automation market is largely fueled by the booming e-commerce sector. Essentially, e-commerce is the online buying and selling of goods and services. Its attractiveness lies in its convenience, accessibility, and the extensive variety of products and services it offers consumers without leaving their homes. To optimize order fulfillment, cut costs, increase efficiency, and maintain uniform packaging quality even for large order volumes, e-commerce relies on packaging automation. For example, the United States Census Bureau disclosed data for 2023, which illustrated a 7.6% rise in e-commerce sales from the third quarter of 2022 to the equivalent period in 2023. Consequently, the growing demand spurred by the ever-expanding e-commerce sector is steering the growth trajectory of the packaging automation market.
What Are The Main Segments Of The Global Packaging Automation Market?
The packaging automation market covered in this report is segmented –
1) By Offering: Solution, Services
2) By Automation Type: Robotic Pick And Place Automation, Secondary Packaging Automation, Tertiary And Palletizing Automation
3) By Industry Vertical: Healthcare And Pharmaceuticals, E-Commerce And Logistics, Food And Beverage, Automotive, Chemical And Refinery, Aerospace And Defense, Other Industry Verticals
Subsegments:
1) By Solution: Automated Packaging Systems, Robotic Packaging Solutions, Conveyor Systems, Labeling and Coding Systems, End-Of-Line Packaging Equipment, Packaging Software Solutions
2) By Services: Consulting Services, System Integration Services, Maintenance And Support Services, Training Services, Customization And Upgrades
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How Are New Trends Impacting The Size Of The Packaging Automation Market?
Key businesses in the packaging automation industry have turned their attention to automated packaging solutions for liquids, such as vertical form-fill-seal strategies, in response to the expanding demand for simplified liquid packaging options across a multitude of sectors. An automated vertical form-fill-seal system effectively packages items via a single, integrated process of forming, filling, and sealing, promoting smooth production and maintaining uniform quality. For example, Sealed Air Corporation, a leading American packaging company, introduced the automated CRYOVAC Brand 308A CE Vertical Form-Fill-Seal System for liquid packages in November 2023. This pioneering system can hold packages that weigh up to 2 kg in either one or two stages while utilizing a vertical filling method. The vertical pouch packaging remarkably ensures product quality and protection due to the absence of a headspace. It also makes the pouches easy to store, access, and discard while delivering beneficial features like cost-effectiveness, lightweight construct, damage resistance, and preservation of taste and freshness.
Who Are the Key Players In The Packaging Automation Market?
Major companies operating in the packaging automation market are:
• Siemens AG
• Mitsubishi Electric Corporation
• Schneider Electric SE
• Honeywell International Inc.
• Jabil Inc.
• ABB Ltd.
• Toshiba Corporation
• Emerson Electric Co.
• Rockwell Automation Inc.
• Bosch Rexroth AG
• Omron Corporation
• Krones AG
• Daifuku Co. Ltd.
• Dematic Corporation
• KUKA AG
• YASKAWA Electric Corporation
• ATS Corporation
• BEUMER Group GmbH & Co. KG
• ProMach Inc.
• Kollmorgen Corporation
• ACTEGA GmbH
• Essel Propack Ltd.
• CFT S.p.A
• JLS Automation LLP
• Automated Packaging Systems Inc
What Is The Most Dominant Region In The Packaging Automation Market?
North America was the largest region in the packaging automation market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the packaging automation market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
