The North America Packaging Automation Solutions Market would witness market growth of 6.3% CAGR during the forecast period (2024-2031).
The US market dominated the North America Packaging Automation Solutions Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $21,786.6 million by 2031. The Canada market is experiencing a CAGR of 8.4% during (2024 - 2031). Additionally, The Mexico market would showcase a CAGR of 7.6% during (2024 - 2031).
The cosmetics industry is another sector where packaging automation plays a vital role. Automated systems help package personal care products such as lotions, shampoos, perfumes, and makeup. Automation in this sector improves the speed of production and consistency in product quantity and enhances the appearance of the packaging, which is important for brand aesthetics.
Additionally, automation ensures products are properly sealed and labelled, increasing consumer confidence in the product’s safety and quality. Consumer electronics, including mobile phones, laptops, and home appliances, require packaging that ensures product protection during transit and storage. Automated packaging solutions in this sector streamline the packaging process, reducing the risk of product damage.
The growth of the food processing industry in Mexico and the cosmetics sector in Canada is expected to drive significant demand for packaging automation solutions in both countries. Mexico’s food processing industry, one of the country’s most dynamic sectors, with a projected GDP contribution of $39.4 billion in 2020 and an annual growth rate of 4.3%, will significantly influence the market. As the demand for processed foods rises, driven by domestic consumption and exports, the need for efficient, high-speed packaging solutions will grow. Packaging automation systems in the food processing industry are critical to handling the increasing volume of products while ensuring safety, hygiene, and compliance with stringent regulations.
Free Valuable Insights: The Packaging Automation Solutions Market is Predict to reach USD 92.63 Billion by 2031, at a CAGR of 6.9%
Based on Application, the market is segmented into Form Filling & Sealing, Palletizing Automation Solution, Labeling Automation Solution, Wrapping Automation Solution, and Other Applications. Based on Product Type, the market is segmented into Automated Packagers, Automated Conveyors, and Packaging Robots. Based on End-User, the market is segmented into Food & Beverages, Healthcare & Pharmaceutical, Automotive, E-commerce & Logistics, Chemicals, and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
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