The Worldwide Packaging Robots Industry is Expected to Reach $8.6 Billion by 2030 - ResearchAndMarkets.com

DUBLIN--(BUSINESS WIRE)--The "Packaging Robots Market by Product Type, by Payload Capacity, by Application, by Reach and by Packaging Type - Global Opportunity Analysis and Industry Forecast 2022-2030" report has been added to ResearchAndMarkets.com's offering.

The Packaging Robots Market size was valued at 4.02 billion in 2021 and is predicted to reach 8.60 billion by 2030 with a CAGR of 8.9% from 2022-2030.

Packaging robots are designed to handle materials, seal & label, and move or pack goods among other tasks to enable products to be packaged. These robots are significantly flexible and easy to integrate into a workspace. When compared with manual processes, packaging robots bring the accuracy, speed, and productivity, while delivering relatively fast return on investment (ROI).

These robots are significantly being used in an extensive range of industries such as retail, food & beverages, and pharmaceutical. Some of the main advantages associated with packaging robots include ability to lift larger packages, reduce part package time, and lower labor cost.

The factors that drive the growth of the packaging robots market include rise in need to reduce overall operational costs across the packaging sector and increase in advancements across manufacturing technology due to significant demand for high-quality goods.

However, high initial cost and shortage of skilled personnel are expected to restrain the growth of the market to some extent. On the other hand, rapid growth of the e-commerce industry provides lucrative growth opportunities for the market. In addition, factors such as rapid industrialization, ongoing R&D activities, favourable government policies, and product innovations are opportunistic for the growth of the global packaging robot's market.

Key Market Segments

Packaging Robots Market - By Product Type

• SCARA Modular Robots
• Articulated Modular Robots
• 3 Axes ARs
• 4 Axes ARs
• 5 Axes Ars
• 6 Axes Ars
• Collaborative Modular Robots
• Cartesian Modular Robots
• Delta Robots
• 3 Axes ARs
• 4 Axes ARs
• 5 Axes ARs
• 6 Axes Ars

Packaging Robots Market- By Payload Capacity

• Less than 1kg
• Between 1kg-5kg
• Between 5.1kg-10kg
• Between 10.1kg-20kg
• Between 20.1kg-30kg
• Between 30.1kg-40kg
• Between 40.1kg-60kg
• Between 60.1kg-100kg
• Between 100.1kg-150kg
• Between 150.1kg-200kg
• More than 200kg

Packaging Robots Market- By Reach

• Less than 1000 mm
• 1001 mm to 1500 mm
• 1501 mm to 2000 mm
• More than 2000 mm

Packaging Robots Market- By Packaging Type

• Primary Packaging
• Secondary Packaging
• Tertiary Packaging

Packaging Robots Market - By Application

• Beverages
• Dairy Products
• Meat Processing
• Bakery & Confectionery
• Fruit & Vegetables
• Processed Food
• Pharmaceuticals
• Electronics
• Personal care

Packaging Robots Market- By Geography

• North America
• U.S
• Canada
• Mexico
• Europe
• UK
• Germany
• France
• Italy
• Spain
• Rest of Europe
• Asia-Pacific
• China
• India
• Japan
• South Korea
• Australia
• Rest of Asia-Pacific
• RoW
• UAE
• Saudi Arabia
• South Africa
• Brazil
• Remaining countries

Companies Mentioned

• KRONES AG
• Remtec Automation, LLC
• ABB Ltd.
• Syntegon Technology
• Fanuc Corporation
• KUKA AG
• Mitsubishi Electric Corporation
• Yaskawa Electric Corporation
• Schneider Electric SE
• Brenton LLC

For more information about this report visit https://www.researchandmarkets.com/r/jjhyf2

ResearchAndMarkets.com
Laura Wood, Senior Press Manager
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