The Asia Pacific Packaging Robots Market would witness market growth of 12.8% CAGR during the forecast period (2021-2027).
Collaborative robots (cobots) for packaging and palletizing are being utilized in a variety of sectors to improve fulfillment processes. Packaging cobots place goods or products in cases or trays and are frequently utilized for light operations. Case palletizing collaborative robot systems offer streamlined and compact designs that provide both speed and precision while piling medium to large payloads of bottles, boxes, pallets, bags, and cartons.
Packaging and palletizing cobots meet high packing standards and provide an effective, error-free answer to the needs of ergonomically unfavorable, repetitive work. They help the employees prevent injuries by making it easier to move large goods with the help of lightweight collaborative robotic arms. A packing and palletizing cobot can be reconfigured and reassigned to meet a variety of payload needs. The robotic arm's small size and lightweight construction allow it to be utilized in new constellations as workflow requirements reduce.
The regional packaging robots market is expanding due to the expansion of the manufacturing industry, fueled by efforts in rising economies like 'Make in India' & 'Made in China,' which is propelling manufacturing sectors across the globe. There is an increasing demand for packaging robots in the manufacturing sector of various nations across this region. The e-commerce and retail industries have continued to rise as a result of increasing urbanization and disposable income, which is expected to drive the packaging robot market throughout the forecast period.
China will most likely demonstrate high deal esteem as well as high deal volume in the packaging robot market before long. The influx of Chinese suppliers is projected to increase competition in the global packaging robot industry in the Asia Pacific region.
The China market dominated the Asia Pacific Packaging Robots Market by Country 2020, and would continue to be a dominant market till 2027; thereby, achieving a market value of $1,135.4 million by 2027. The Japan market is poised to grow at a CAGR of 12.1% during (2021 - 2027). Additionally, The India market would exhibit a CAGR of 13.6% during (2021 - 2027).
Based on Application, the market is segmented into Packing, Pick & Place and Palletizing. Based on Gripper Type, the market is segmented into Claw, Vacuum, Clamp and Others. Based on End User, the market is segmented into Food & Beverage, Pharmaceuticals, Consumer Products, Logistics and Others. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
Free Valuable Insights: The Worldwide Packaging Robots Market is Projected to reach USD 9 Billion by 2027, at a CAGR of 12.4%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include ABB Group, The Krones Group, FANUC Corporation, Schneider Electric SE, Mitsubishi Electric Corporation, Yaskawa Electric Corporation, Syntegon Technology GmbH (Bosch Pakaging technology), Brenton, LLC (Pro Mach, Inc.), Kuka AG, and Remtec Automation LLC (C.M. Paula)
By Application
By Gripper Type
By End User
By Country
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