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Packaging Automation Solution Market is Forecasted to Reach US$ 155 Billion by 2033

packaging-automation-solution-market-forecast-2023-2033

The global packaging automation solutions market is projected to experience robust growth, with an expected compound annual growth rate (CAGR) of 7.5% over the next decade. This growth will drive the market from its present value of US$ 75 billion to a substantial US$ 155 billion by the conclusion of 2033.

The past decade has witnessed a significant revolution in production lines worldwide, marked by the introduction of automation and robotics. This transformation has been driven by intense competition in the manufacturing sector and a growing emphasis on reducing turnaround times. Manufacturers worldwide have increasingly adopted automation to ensure consistency and enhance efficiency in their operations.

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Emerging Trends and Innovations:

The packaging automation solution market continues to evolve, driven by innovative developments and emerging trends:

  1. Smart Packaging: Smart packaging solutions equipped with sensors and RFID technology enable real-time monitoring of products, ensuring freshness and quality. These solutions enhance transparency in the supply chain and improve consumer trust.
  2. Sustainability: As sustainability becomes a central concern, eco-friendly packaging automation solutions are gaining traction. These solutions focus on reducing material waste, energy consumption, and carbon emissions.
  3. Collaborative Robotics: Collaborative robots, or cobots, are designed to work safely alongside humans. They are increasingly being used in packaging operations, where their flexibility and ease of integration are advantageous.
  4. Predictive Maintenance: Predictive maintenance uses data analytics and AI to anticipate equipment failures and schedule maintenance proactively. This minimizes downtime and extends the lifespan of automation systems.
  5. Cloud-Based Automation: Cloud-based automation solutions offer remote monitoring and control capabilities, enabling manufacturers to manage their packaging lines from anywhere. This trend enhances operational flexibility and efficiency.

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.
  • ULMA Packaging stated in March 2022 that their machines now have BETTER-SEAL, a revolutionary technique that increases sealing in mono-material solutions. This feature represents a step forward in the company’s innovation strategy and dedication to the environment.
  • MULTIVAC acquired TVI’s entire holdings in Bruckmühl in January 2022. Since January 2017, TVI has been a member of the MULTIVAC Group as a provider of portioning machines. This acquisition is critical to MULTIVAC’s continued positioning as a full-service processing and packaging solutions provider.

Key Segments of Packaging Automation Solution Industry Research:

·         By Product Type :

  • Packaging Robots
  • Automated Packagers
  • Automated Conveyors & Sorting Systems

·         By End Use :

  • Food & Beverages
  • Logistics & Warehousing
  • Retail
  • Healthcare & Pharmaceuticals
  • Semiconductors & Electronics
  • Other End Uses

·         By Region :

  • North America
  • Latin America
  • Europe
  • APAC
  • MEA

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How will be insights and market estimations provided in the Fact.MR report on the Demand of Packaging Automation Solution make a difference?

  • The study takes a closer look at the major economic turmoil, with a focus on the recent COVID-19 pandemic disruptions
  • The assessment of key growth dynamics highlights the attractiveness of new automation technologies and offers readers insight on the prospect of these during the forecast period
  • The study tries to offer a balance perspective of the opportunities in mature and the most lackluster markets
  • Provides scrutiny of the industry trends that have shaped recent government policies
  • Provides an account of major breakthroughs in all segments that might change the course of the market considerably
  • Provides an incisive analysis of socio-political milieu in which the key markets operate, and how will that influence the lucrativeness of the overall Packaging Automation Solution  Market
  • Analyzes how collaborations and partnerships among players from different industries shape the key growth dynamics in the near future
  • Evaluates the role of various stages of funding on new growth avenues in key regional markets

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