Europe Packaging Robots Market

Market Introduction

Packaging robots are the technologies used to automate the packaging operations across different industries such as consumer goods, consumer electronics, pharmaceuticals, e-commerce, food & beverage, chemicals, and personal care products sector. These robots are designed primarily for packaging operations such as material handling, moving or packing goods, sealing & labelling, and other tasks in order to sustain consistency, quality, and accuracy in packaging operations. There are primarily four different types of packaging robotic technologies used across different industries for packaging automation. This includes articulated robots, Cartesian robots, SCARA robots, and delta robots which are also called parallel link robots

Europe Packaging Robots Strategic Insights

Strategic insights for the Europe Packaging Robots provides data-driven analysis of the industry landscape, including current trends, key players, and regional nuances. These insights offer actionable recommendations, enabling readers to differentiate themselves from competitors by identifying untapped segments or developing unique value propositions. Leveraging data analytics, these insights help industry players anticipate the market shifts, whether investors, manufacturers, or other stakeholders. A future-oriented perspective is essential, helping stakeholders anticipate market shifts and position themselves for long-term success in this dynamic region. Ultimately, effective strategic insights empower readers to make informed decisions that drive profitability and achieve their business objectives within the market.

Europe Packaging Robots Report Scope

Europe Packaging Robots Regional Insights

The geographic scope of the Europe Packaging Robots refers to the specific areas in which a business operates and competes. Understanding local distinctions, such as diverse consumer preferences (e.g., demand for specific plug types or battery backup durations), varying economic conditions, and regulatory environments, is crucial for tailoring strategies to specific markets. Businesses can expand their reach by identifying underserved areas or adapting their offerings to meet local demands. A clear market focus allows for more effective resource allocation, targeted marketing campaigns, and better positioning against local competitors, ultimately driving growth in those targeted areas.

The South America packaging robots market is expected to reach US$ 596.06 million by 2028 from US$ 288.51 million in 2021; it is estimated to grow at a CAGR of 10.92% from 2021 to 2028. The major factors driving the growth of market are the rising demand for packaging robots from several industries and growing demand for reducing the overall operation costs across packaging sector. However, the high deployment cost of packaging robots hampers the market growth.

Growing customer demand for high-quality goods has resulted in advancements in manufacturing technology. The food and beverage, trucking and logistics, and fast-moving consumer goods (FMCG) businesses are all focused on getting products to customers in a short amount of time, which has boosted robotic packaging use. Packaging robots has been a great potential in food and beverage industry. The deliberate integration of technology across various processes in the food and beverage industry is known as automation. Food firms are adopting vision-directed robotic arms, automated guided vehicles, delta robots, and advanced inspection systems to streamline and optimize their processes. Moreover, the perception among industries to substitute manual labor with automation is gaining more traction. Automated robots do not get sick or slack off, works faster than humans. Coupled with these factors the on-job performance by automated robot is always consistent, productive, and error-free. Therefore, their demand across the manufacturing industry is increasing. Additionally, due to the rapid growth of the e-commerce sector, picking and placement is the fastest growing application, and the e-commerce industry accounts for the majority of demand for packaging robots. Picking robots are commonly used in the e-commerce industry for order fulfilment as manually picking of items is associated with lot of time and cost. High growth of e-commerce industry across the globe is another major factor propelling the growth of picking and packaging robots. E-commerce industry is expected to grow at a robust growth rate at ~20% over next couple of years Factors such as expanding Internet and smartphone usage, increasing reliance on social media to promote e-commerce platforms, growing omni-channel business models, and the introduction of new payment mechanisms are all driving the e-commerce sector. Also, automation provides enormous growth prospects for businesses in the e-commerce industry. As a result, the packaging robot market will grow in tandem with the e-commerce industry. Furthermore, the demand for and sale of industrial packaging robots is expected to increase as firms place a greater emphasis on precision, speed, and quality in supply chain activities. In addition, as the level of automation across a range of end-use industries grows, autonomous robots have the ability to construct an upward growth trend in developing countries. Lastly, practicality and innovation may open up new application zones, ushering in the 2.0 wave of the current phenomenon.

Brazil recorded the highest number of COVID-19 confirmed cases across South America in 2020, followed by Ecuador, Chile, Peru, and Argentina. To curb the spread of the virus, all economic activities in the region were partially halted. COVID-19 pandemic severely affected the sales of automation solutions, such as robotics. The long-term demand prospects are expected to show considerable growth as governments prioritize the adoption of automation in South America by focusing on new edge technologies, such as Artificial ntelligence, machine learning, deep learning, 3D printing, and machine vision. These factors are likely to drive the South America packaging robots market growth in the next three to four years.

Key Market Segments

Based on industry verticals, the South America packaging robots market is segmented into food & beverages, pharmaceuticals, consumer electronics, and others. The food & beverages segment held the largest market share in 2021. However, the pharmaceuticals segment is anticipated to register the highest CAGR during the forecast period.

Based on application, the South America packaging robots market is segmented into primary packaging, secondary packaging, and tertiary packaging. In 2021, the primary packaging segment held the largest market share. However, the secondary packaging segment is expected to register the highest CAGR from 2021 to 2028.

Major Sources and Companies Listed

ABB, Fanuc Corporation, and Krones AG are among the key players operating in the South America packaging robots market.

Reasons to buy the report

• Determine prospective investment areas based on a detailed trend analysis of South America packaging robots market over the next years.
• Gain an in-depth understanding of the underlying factors driving demand for different addictions therapeutics segments in the top spending countries and identify the opportunities offered by each of them.
• Strengthen your knowledge of the market in terms of demand drivers, industry trends, and the latest technological developments, among others.
• Identify the major channels driving the South America packaging robots market, providing a clear picture of future opportunities that will help analyze, resulting in revenue expansion.
• Channelize resources by focusing on the ongoing programs undertaken by the different countries within the South America packaging robots market.

SOUTH AMERICA PACKAGING ROBOTS MARKET SEGMENTATION

By Industry Verticals

• Food & Beverages
• Pharmaceuticals
• Consumer Electronics
• Others

By Application

• Primary Packaging
• Secondary Packaging
• Tertiary Packaging

By Country

• Brazil
• Argentina
• Rest of South and Central America

Company Profiles

• ABB
• Fanuc Corporation
• Krones AG
• Kuka AG
• Mitsubishi Electric Corporation
• Syntegon Technology GmbH (Bosch Packaging Technology)
• Schneider Electric SE
• Yaskawa Electric Corporation