Global Palletizing Systems Market is valued at USD 2145.1 million in 2022 and is projected to reach a value of USD 3475.2 million by 2030 expanding at a CAGR of 4.9% over the forecast period of 2022-2030. Palletizers are typically thought of as a component of a larger packaging process that incorporates tasks like weighing, counting, sorting, labeling, and wrapping. The two main classifications of automatic palletizers are conventional and robotic. The robotic palletizers have an arm that picks up the product from the conveyor or layer table and places it on the pallet using a product gripper or end effector. Because of this, manufacturers depend on adaptable, end-of-line palletizing systems to create stable pallet or unit loads as well as to keep up with the rapidly evolving packaging trends.
Global Palletizing Systems Market- Growth Factors
The creation of pallets with various products or packaging types is necessary for the fulfillment procedures, hence palletizers are crucial. Complete end-of-line packaging services are provided by the palletizing system, which integrates the palletizer, wrapper, labeller, and conveyor. Every market has unique growth drivers and difficulties. The expanding output of consumer products, rising capital income, and shifting lifestyles are some of the key factors driving market expansion throughout the predicted period. Consumer products manufacturing is a fiercely competitive industry that has been developing quickly. To meet the escalating demand during the anticipated timeframe, the rate of manufacturing of household goods has likewise risen. Additionally, FDI is permitted in food processing, single-brand retail, and multi-brand retail by a number of nations. As a result, there has been an increase in employment, supply chains, and FMCG brand awareness throughout organized retail markets, which has boosted consumer spending and prompted more product releases over the predicted period.
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Global Palletizing Systems Market- Market Trends
- The production of household goods has been automated from manufacturing to end-of-line packing. Thus, during the course of the projection period, this had a favorable impact on the global market for palletizing systems.
- Additionally, palletizing systems are used in numerous end-use sectors, including the chemical, personal care, and cosmetics industries. Due to its inexpensive price, compact size, and high throughput rate, it is chosen for end-line packaging of food and beverage products. As a result, it has accelerated market expansion during the anticipated timeframe.
Top Key Players of Global Palletizing Systems Market:
ABB
ELETTRIC80 S.P.A.
Eriez Manufacturing Co
I.H.S. d.o.o.
Krones AG
Kawasaki Heavy Industries, Ltd.
OCME Srl
Transnova-Ruf GmbH
Möllers Packaging Technology GmbH
KUKA AG, Yaskawa America, Inc.
(Yaskawa Europe GmbH)
FANUC CORPORATION
Seiko Epson Corporation
Honeywell International, Inc.
The Palletizing Systems Market – Segmentation
Based on the type, the market is classified into
- Semi-Automatic
- Automatic
o Robotic Palletizing Systems
o Conveyorized Palletizing Systems
Based on the system type, the market is classified into
o Basic Palletizing Cell
- Palletizer
Layer Palletizer
Articulated Arm Robot
Gantry Robot
Linear Robot
Cobot
Others
- Infeed Station
- Paper Inserter
o Extended Palletizing Cell
- Wrapper
- Labeler
o Automatic Transport
- Steady Conveyors
- Unsteady Conveyors
Based on the speed, the market is classified into
- Low Speed (Up to 3 l.p.m)
- Med-Speed (4-6 l.p.m)
- High Speed (Above 6 l.p.m)
Based on the weight, the market is classified into
- 0-10Kg
- 11-25Kg
- 26-75Kg
- 76-100Kg
- Above 100Kg
Market Segmented by Region:
North America (U.S., Canada, Mexico)
Europe (UK, Germany, France, Italy, Rest of Europe)
Asia-Pacific (China, Japan, Australia, Malaysia, Rest of Asia-Pacific)
LAMEA (Latin America, Middle East, Africa)
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Objectives of the Study:
- To provide with an exhaustive analysis on the Palletizing Systems Market by Product, By Application, By End User and by Region.
- To cater comprehensive information on factors impacting market growth (drivers, restraints, opportunities, and industry-specific restraints)
- To evaluate and forecast micro-markets and the overall market
- To predict the market size, in key regions— North America, Europe, Asia Pacific, Latin America and Middle East and Africa.
- To record and evaluate competitive landscape mapping- product launches, technological advancements, mergers and expansions
Reasons to Purchase this Report:
- Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors
- Provision of market value (USD Billion) data for each segment and sub-segment
- Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
- Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
- Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
- Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
- The current as well as the future market outlook of the industry with respect to recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
- Includes in-depth analysis of the market of various perspectives through Porter’s five forces analysis
- Provides insight into the market through Value Chain
