Packaging Automation Market Size, Share, Trends, Growth and Forecast 2032

The global Packaging Automation Market size was worth around USD 67.85 Billion in 2023 and is predicted to grow to around USD 141.38 Billion by 2032 with a compound annual growth rate (CAGR) of roughly 8.50% between 2024 and 2032.

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The report covers forecast and analysis for the packaging automation market on a global and regional level. The study provides historical data from 2017 to 2023 along with a forecast from 2023 to 2032 based on revenue (USD Billion).

Packaging Automation Market: Overview

Packaging plays a key role in the marketing of a product, as it is one of the most significant factors that determine the sales of the product. Advancement in packaging automated solutions has been emerging as an important factor due to rising popularity of shelf service marketing which results in effective & speedy packaging process by manufacturers with minimal manual interventions. These solutions have major applications in wide range of packaging processes such as product shipment, product sorting, product storage, and product handling. Growing demand from packaging manufacturers to speed up packaging process to meet consumer demands is the major factor expected to drive the packaging automation market growth over the forecast period.

Automation is mostly used in the packaging industry to improve labor productivity, ensure the quality of packaging, and also to decrease storage and packaging cost. Safety regulations are the foremost concern among manufacturers particularly in the food and beverage and healthcare industries. Regulations associated with safety can also adhere to the developing applications which include automated reporting capabilities that aid in generating brief reports for each line of packaging. The packaging also helps to protect the products from dust, physical damage, and various other factors. In order to gain maximum profits, cost-cutting is a major factor in the light of intense competition coupled with increased globalization of manufacturing. However, the requirement of high level of maintenance and high capital cost for automated packaging systems is expected to restrain industry growth in the future years.

The study includes drivers and restraints for the packaging automation market along with the impact they have on the demand over the forecast period. Additionally, the report includes the study of opportunities available in the packaging automation market on a global level.

In order to give the users of this report a comprehensive view on the packaging automation market, we have included competitive landscape and analysis of Porter’s Five Forces model for the market. The study encompasses a market attractiveness analysis, wherein product type segment, application segment, and end-user industry segments are benchmarked based on their market size, growth rate, and general attractiveness.

The report provides company market share analysis in order to give a broader overview of the key players in the market. In addition, the report also covers key strategic developments of the market including acquisitions & mergers, new technology launch, agreements, partnerships, collaborations & joint ventures, research & development, technology and regional expansion of major participants involved in the market on the global and regional basis. Moreover, the study covers price trend analysis, product type portfolio of various companies according to the region.

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Packaging Automation Market: Segmentation

The study provides a decisive view on the packaging automation market by segmenting the market based on product type, application, end-user industry, and regions. All the segments have been analyzed based on present and future trends and the market is estimated from 2018 to 2024.

Based on product type, the market is segmented into packaging robots, automated conveyors, and automated packagers.

On the basis of application, the market is segmented into form, filling & sealing (FFS), capping, labeling, wrapping, palletizing, and others.

Based on end-user industry, the market is segmented into healthcare & pharmaceutical, food & beverage, logistics & e-commerce, automotive, chemicals, and others.

Packaging Automation Market: Report Scope

Packaging Automation Market: Regional Analysis

The regional segmentation includes the historic and forecast demand for North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa. This segmentation includes demand for packaging automation market based on all segments in all the regions and countries.

Europe held major revenue share of the global packaging automation market in 2023 and the region is anticipated to continue with its regional supremacy over the forecast period. The growth of this regional market is attributed due to the presence of major companies in the region that are engaged in offering user-friendly, cost-effective, and advanced packaging automation solutions. The Asia Pacific is projected to provide significant opportunities for packaging automation. The region is the hub for food and beverages, healthcare, and automotive industries, which will increase demand for advanced packaging solutions.

Key Market Players & Competitive Landscape

The report also includes detailed profiles of end players such as -

• 3M
• MeadWestvaco Corporation
• BASF SE
• Du Pont De Nemours and Company
• Amcor Limited
• Avery Dennison Corp.
• Sealed Air Corporation
• Avery Dennison Corp.
• Huhtamaki Group
• Stora Enso OYJ
• International Paper
• RR Donnelley
• Sonoco Products Company
• Smartrac N.V.
• others.  

This report segments the global packaging automation market as follows:

Global Packaging Automation Market: Product Type Segment Analysis

• Packaging Robots
• Automated Conveyors
• Automated Packagers 

Global Packaging Automation Market: Application Segment Analysis

• Form, Filling & Sealing (FFS)
• Capping
• Labeling
• Wrapping
• Palletizing
• Others 

Global Packaging Automation Market: End-User Industry Segment Analysis

• Healthcare & Pharmaceutical
• Food & Beverage
• Logistics & E-commerce
• Automotive
• Chemicals
• Others 

Global Packaging Automation Market: Regional Segment Analysis

• North America
  • The U.S.
• Europe
  • UK
  • France
  • Germany
• Asia Pacific
  • China
  • Japan
  • India
• Latin America
  • Brazil
• Middle East and Africa