Global Packaging Robots Market to Reach $8.60 Billion by 2030, According to a Report by Next Move Strategy Consulting

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Next Move Strategy Consulting

Rising need to reduce overall operational costs in the packaging industry and increasing advancements in manufacturing technologies with an increase in demand for high-quality products are driving the growth of the global packaging robots market packaging.

New York, July 13. 28, 2022 (GLOBE NEWSWIRE) — According to the report published by Next Move Strategy Consulting, the global packaging robot market earned USD 4.02 billion in 2021 and is expected to reach USD 8.60 billion by 2030, manifesting a CAGR by 8.9% from 2022 to 2030. The report highlights and analyzes the factors influencing the growth of the market. Moreover, it offers a detailed analysis of major segments, current market shares and estimates and major market players with the help of tables and figures.

The research, consisting of 1175 pages, is a valuable source of information for market players, investors, shareholders, and startups to determine the overall scenario of the Packaging Robots industry. Equipped with 969 tables and 952 figures, the report aims to offer a better understanding of each factor associated with the global market along with the impact of Covid-19 pandemic on the Packaging Robots market size.

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Report cover

Details

Forecast period

2022–2030

base year

2021

Market size in 2021

$4.02 billion

Market size in 2030

$8.60 billion

CAGR

8.9%

Number of pages

1175

the tables

969

The figures

952

Segments Covered

Product type, payload capacity, package type, scope, application and region.

Drivers

Increased requirement to reduce overall operational costs in the packaging sector

Rise in advancements in manufacturing technologies with an increase in demand for high quality goods

Opportunities

The rapid growth of the e-commerce sector

Ramp-up of industrialization and R&D activities

The research provides a comprehensive analysis of driving factors, opportunities, and restraining factors of the global Packaging Robots market. This analysis is helpful in determining which factors to focus on to achieve sustainable growth. Rising requirement for reduction in overall operational costs in the packaging industry and increasing advancements in manufacturing technologies with increase in demand for high quality products are driving the growth of the market. However, high investment cost and shortage of skilled workers are restraining the growth of the market.

Highlighting the opportunities to be tapped to increase the market share of packaging robots, Senior ICT & Media Category Analyst at Next Move Strategy Consulting, said, “The rapid growth of the e-commerce industry is creating huge opportunities for the market. Additionally, factors such as rising industrialization, supportive government policies, increasing R&D activities and product innovations present new opportunities in the coming years.

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The report offers a detailed segmentation of the global packaging robots market. The research analyzes major segments and their sub-segments to enable market players and investors to determine the most revenue-generating and fastest-growing segments. The report offers analysis of major segments including product type, payload capacity, package type, scope, application, and region. Based on product type, the research further categorizes the market into Cartesian Modular Robots, SCARA Modular Robots, Collaborative Modular Robots, Articulated Modular Robots, and Delta Robots. On the basis of payload capacity, the report sub-segments the market into under 1 kg, between 1 kg and 5 kg, between 5 kg and 10 kg, between 10.1 kg and 20 kg, between 20.1 kg and 30 kg, between 30.1 kg and 40 kg, between 40.1 kg kg and 60 kg, between 60.1 kg and 100 kg, between 100.1 kg and 150 kg, between 150.1 kg and 200 kg and more than 200 kg.

Based on the scope, the research further segments the market into under 1000mm, 1001mm to 1500mm, 1501mm to 2000mm and over 2000mm. On the basis of packaging type, the market is sub-divided into primary packaging, secondary packaging, and tertiary packaging. Based on application, the market is sub-segmented into Beverages, Meat Processing, Dairy, Fruits & Vegetables, Bakery & Confectionery, Pharmaceuticals, Processed Foods, Personal Care, Electronics, and Others.

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Based on region, the report splits the market into North America, Europe, Asia-Pacific, and RoW. The research indicates that the Asia-Pacific region accounted for the highest share in 2021 and is expected to maintain its dominance during the forecast period. This is due to the adoption of high adoption of automated robots and smart modernization as well as increasing implementation of vision sensor technology. On the other hand, North America is estimated to witness steady growth throughout the forecast period, owing to the surge in the adoption of packaging robots in the automotive, food and beverage and pharmacy. The emphasis on the development of science and technology also complements the growth of the market. The report also analyzes each region and country based on market segment and sub-segment.

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The report analyzes key market players operating in the global Packaging Robots Market to highlight the competitive scenario and design strategies for market players to adopt to achieve market growth. The report analyzes market players including KRONES AG, ABB Ltd., Remtec Automation, LLC, Fanuc Corporation, Syntegon Technology, Mitsubishi Electric Corporation, KUKA AG, Schneider Electric SE, Yaskawa Electric Corporation, and Brenton LLC. This analysis will make it possible to determine the strategies to be adopted to increase the volume of sales according to the sectors of activity and geography.

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See also related reports:

industrial robotics market by type (articulated robots, cylindrical robots, Selective Compliant Assembly Robot Arm (SCARA) robots, Cartesian robots and other types), by end user (automotive, electrical and electronics, chemical, rubber and plastics, machinery, metals, food and beverages, precision and optics, and others), by function (welding and welding, materials handling, assembly and disassembly, painting and dispensing, milling, cutting and processing, and others) and geography – Global Opportunities Analysis and Industry Forecast 2022 -2030

automotive robotics market by type (SCARA modular robots, articulated modular robots, collaborative modular robots, Cartesian modular robots, parallel modular robots and others), component (hardware, software and services), application (handling, assembly and disassembly, welding, painting, cutting, Pick & Place and others) – Global Opportunities Analysis and Industry Forecast 2022-2030

Mobile robotics market by Product (UGV, AUV and AUV), by Component (Hardware, Software and Support and Service), Application (Logistics and Warehousing, Military and Defense, Healthcare, Domestic, Entertainment, Education, Agriculture and Forestry, and Others) – Global Opportunities Analysis and Industry Forecast, 2022-2030

About Us:

Next Move Strategy Consulting is a leading management consulting and market research firm committed to providing its clients with the latest, strategically analyzed and well-researched research reports. The search industry is flooded with many companies to choose from, what sets Next Move apart from others is its superior research and obsession with turning data into knowledge by dissecting each element and providing recommendations evidence-based research backed by information gathered from over 500 million websites, paid databases, industry journals and one-on-one consultations with industry experts across a wide range of industry sectors. High quality, personalized research reports with actionable insights and excellent end-to-end customer service help our clients make critical business decisions that allow them to go beyond time and gain a competitive edge in the market. We have served over 1,000 customers globally, including 90% of Fortune 500 companies over a decade. Our analysts constantly track various high-growth markets and identify hidden opportunities in each sector or industry. We provide one of the best quality syndicates in the industry along with custom research reports across 10 different industry verticals. We are committed to providing high quality research solutions in line with your business needs. Our industry-standard delivery solutions, ranging from pre-consultation to after-sales services, provide excellent customer experience and ensure proper strategic decision-making for businesses.

CONTACT: Joseph Lawrence Head - Client Engagement & Servicing Next Move Strategy Consulting E-Mail: [email protected] Direct: +1-217-650-7991 You can also email us at - [email protected] Website: www.nextmsc.com
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