Global Packaging Robots Market Size, Share, and COVID-19 Impact Analysis, By Gripper Type (Clamp, Claw, Vacuum, and Others), By Application (Pick & Place, Packing, and Palletizing), By End-User (Food & Beverages, Pharmaceuticals, Consumer Products, Logistics, and Others), and by Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2022-2030

KEY MARKET INSIGHTS        

The Global Packaging Robots Market is projected to grow from USD 4.3 billion in 2021 to USD 14.4 billion by 2030 at a CAGR of 12.3% during the forecast period. Packaging robots are used in a various industries including pharmaceuticals, consumer goods, logistics, food & beverage, amongst others. Picking up flat materials like glass or metal sheets with vacuum grippers is common. During the palletizing and packaging procedures, these grippers use suction caps to grab many things at once. Vacuum grippers are used to handle large crates, cans, boxes, and bottles, and have thus seen widespread use in the packaging industry.     

The global packaging robot market is fueled by factors such as the growing need for computerization in many industrial verticals, increased use of robots for maximum efficiency, and cost savings from adopting robotic packaging frameworks. Furthermore, the packaging robots market is expected to grow during the forecast period, due to the growing global robotics industry and continuous expansion in the retail and online business industries.   

COVID-19 ANALYSIS      

Many companies in the packaging robots industry had to temporarily halt operations due to the COVID-19 pandemic, in order to comply with new government laws aimed at stopping the disease's spread. This halt in activities has a direct impact on the total revenue flow of the market. Furthermore, due to a scarcity of raw materials and employees during the lockdown, industrial product manufacturing came to a halt. Furthermore, enterprises in this industry were unable to receive any new consignments. As a result, the global market was harmed for several months by a halt in industrial activity and lockdowns, and the industry is likely to slowly recover during the forecast period. Governments are prioritizing automation acceptance by focusing on cutting-edge technologies such as machine learning, AI, deep learning, 3D printing, and machine vision, which are expected to generate long-term demand growth.    

LATEST TREND  

High Demand for Vision Sensor Technology Propel Market Growth

Rapid development in demand for a wide range of products from production industries such as food and beverages, medicines, and e-commerce is forcing companies to focus on improving production efficiency and operations management. Robotic process automation in packaging equipment achieves overall productivity of the project, which is required for long-term production efficiency. Industry growth is also being aided by new technologies such as human-robot collaboration. Moreover, the utilization of industrial robotics allows for higher operational efficiency while also ensuring human safety. The task is slowed or terminated when a robot finds humans in its path when working with humans.

DRIVING FACTORS

Increase in Usage of Robots to Increase Efficiency in Packaging 

Growing demand for various products is forcing enterprises to concentrate on enhancing production efficiency and implementing innovative operational activities. Overall equipment efficiency is a must for long-term production efficiency, which can be attained through the use of robotic automation in packaging units. Installation of robotics in packaging lines improves efficiency of packing, product selecting, and palletizing by reducing manual dexterity. Furthermore, it improves equipment efficiency while lowering operating costs and providing exceptional returns on investment. As a result, during the forecast period, value-added benefits provided by robotic automation are likely to drive market expansion.            

RESTRAINTS   

High Initial Investment Restraint Market Growth

A large financial investment is required to install an automated packaging system in a new or existing packaging plant. The food and beverage market is extremely fragmented, with a large number of small and medium-sized enterprises offering a wide range of products. Some manufacturers are hesitant to employ packaging robots due to the significant financial investment necessary for installation and upkeep.

SEGMENTATION    

The Global Packaging Robots Market is segmented by Gripper Type, Application, End-user, and Region. Based on the Gripper Type, the market is categorized into Clamp, Claw, Vacuum, and Others. Based on Application, the market is categorized into Pick & Place, Packing, and Palletizing. Based on End-user, the market is categorized into Food & Beverages, Pharmaceuticals, Consumer Products, Logistics, and Others. Based on the Region, the market is categorized into North America, Europe, Asia-Pacific, Latin America, Middle East and Africa.             

REGIONAL INSIGHTS   

The Global Packaging Robots Market is categorized into North America, Europe, Asia-Pacific, Latin America, Middle East and Africa.                 

North America is the largest market for packaging robotics due to the number of major manufacturers in many industries are investing heavily in the modernization of industrial facilities in order to boost productivity, efficiency, and output. In addition, the availability of industrial robots is fueling market expansion in this region.

Europe is the second largest market for packaging robots due to the rapid adoption of new technology by the general public, as well as the presence of several manufacturing industries and packaging automation providers in the region can be attributed to the market's high growth in Europe. During the forecast period, the Asia Pacific packaging robotics market is predicted to grow at the quickest rate. During the projection period, the food and beverage, consumer electronics, pharmaceuticals, and other industries will drive market expansion. Furthermore, China will most likely exhibit significant deal esteem and volume in the global packaging robot market. In the Asia Pacific area, the flood of Chinese providers is expected to intensify competition in the global packaging robot market. 

KEY INDUSTRY PLAYERS   

The key players profiled in the packaging robots market such as, ABB, Krones AG, FANUC AUTOMATION d.o.o., Schneider Electric, Yaskawa America Inc., Mitsubishi Electric Automation, Inc., Robert Bosch GmbH, Brenton, LLC., KUKA AG, and Remtec Automation, LLC.     

KEY INDUSTRY DEVELOPMENTS:

January 2020- Syntegon Technology purchased Bosch Packaging Technology's packaging machines business in Germany.

May 2019- Mitsubishi Electric Corporation bought ICONICS Inc., a software firm based in the United States that specializes in supervisory control and data collecting. (SCADA).   

SEGMENTATION

By Gripper Type

• Clamp
• Claw
• Vacuum
• Others

By Application

• Pick & Place
• Packing
• Palletizing

By End-user

• Food & Beverages
• Pharmaceuticals
• Consumer Products
• Logistics
• Others

By Region

• North America- U.S., Mexico, Canada
• Europe- UK, France, Germany, Italy, Spain, Rest of Europe
• Asia-Pacific- China, Japan, India, South Korea, Rest of Asia Pacific
• South America- Brazil, Argentina, Colombia, Rest of South America 
• The Middle East and Africa- GCC, South Africa, Rest of Middle East & Africa