Packaging Robots Market Technology, Opportunities and Key Manufacturers Report 2021-2030
increased investment in various end-user industries such as food and beverage, consumer products, pharmaceuticals, industrial goods and others.
PORTLAND, OR, USA, March 24, 2022 /EINPresswire.com/ — According to a new report published by Allied Market Research, titled “Packaging Robots Market by Gripper Type, Application and End User: Analysis of Global Opportunities and Industry Forecast, 2021-2030.” The global packaging robot market size was valued at USD 4.3 billion in 2020 and is projected to reach USD 14.4 billion by 2030, with growth at a CAGR of 12.3% from 2020 to 2030.
This research report will give you in-depth insights into the Packaging Robots market and also help you in strategic decision-making. The final research paper is a comprehensive document consisting of pages. All of our reports are commonly purchased across industries by executives, managers, senior executives, strategists, directors, VPs, CXOs, and more. and help them understand market trends and analysis, competition, industry landscape, market size, market revenue. , forecasts, COVID-19 impact analysis, SWOT analysis, etc.
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Packaging robots are designed to open, fill, transport, palletise, seal and label for the packaging sectors. Packaging robots are used in various industries such as food and beverage, chemicals and pharmaceuticals. The integration of packaging robot technology guarantees precision and facilitates automation in addition to increasing storage space and operational efficiency. The market is driven by the surge in demand for automation due to intense competition in the e-commerce industry, increase in the number of storage units, and advancement in technology. However, high initial cost and shortage of skilled and trained personnel is restraining the growth of the packaging robot market.
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The report provides study at global and regional level to provide comprehensive value market analysis for years (2017 and 2018 – historical years, 2019 – base year and forecast period 2020-2027). The Packaging Robots Market research report is an extensive investigation of current trends, market growth drivers, and restraints. Each market segment is extensively analyzed at the powder level by region (North America, Europe, Asia-Pacific, Middle East & Africa and South & Central America) to provide comprehensive insights at global as well as regional level.
Based on region, the market is analyzed into North America, Europe, Asia-Pacific, and LAMEA. Asia-Pacific is the largest user of packaging robots, followed by Europe. LAMEA is expected to grow at a CAGR of 19.4% over the forecast period. Asia-Pacific is expected to dominate the global packaging robot market owing to the growth of e-commerce, food and beverage, pharmaceutical, consumer product, logistics, and other industries during of the forecast period.
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The global packaging robot market has witnessed significant growth over the past decade, owing to increasing investments in various end-user industries such as food and beverages, consumer products, pharmaceuticals, industrial goods, etc. A number of players have expanded their business globally, through increased customer base, improved efficiency of operations, development of product portfolios and extension of reach geographical. Additionally, growth in e-commerce, food & beverage, and pharmaceutical industries is expected to boost the adoption of robots, which is expected to provide lucrative opportunities for market growth over the forecast period.
ABB Limited, Krones AG, Fanuc Corporation, Schneider Electric SE, Yaskawa America Inc., Mitsubishi Electric Corporation, Bosch Packaging Technology (Robert Bosch GmbH), Brenton Engineering, Kuka Roboter GmbH and Remtec Automation LLC.
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