Packaging robots market forecast to be worth $7.5 billion by 2032
The global packaging robots market is valued at $3.8 billion in 2022 to $7.5 billion by the end of 2032 and is forecasted to expand at a robust compound annual growth rate of 7 percent from 2022 to 2032, according to data released by Fact.MR, a market research and competitive intelligence provider.
Packaging robots are adaptable machines designed to complete labor-intensive tasks more quickly, easily, and cost-effectively.
With integrated controls, simple human-machine interfaces, and cutting-edge software and sense, they are simple to operate. Flexibility, accuracy, and consistency are their major advantages.
Robots are capable of a wide range of tasks related to packaging, including picking and placing, boxing, palletizing, and warehousing.
Packaging robots are preferred by many firms due to their enhanced supply chain efficiency, higher packaging effectiveness, and decreased operational costs. To finish any kind of packing operation, they use the right end of arm tooling.
They come in different robot sizes, payloads, reaches, and mounting configurations. The integration of packaging robots into any type of workspace is simpler.
Vacuum grippers produce suction force through the use of a vacuum. They are employed in a variety of tasks, including installation, packaging, and material handling.
To produce standard packaging and customized packaging, manufacturers in the food and beverage sector are shifting from traditional assembly line techniques toward completely automated assembly lines.
This promotes the use of packaging robots with vision capabilities, which are highly favored for assembly line tasks. The use of packaging robots to automate these processes offers superior quality, responsiveness, dependability, and accuracy for both main and secondary applications.
Key takeaways from market study
- The global packaging robots market is slated to reach $7.5 billion by 2032
- Sales of clamp grippers are expected to increase at a CAGR of 6 percent from 2022 to 2032
- Market in Germany is estimated to develop at a CAGR of 4 percent through 2032
- Market in Japan is anticipated to evolve at a CAGR of 3.5 percent over the forecast period (2022-2032)
Competitive landscape
Top companies in the packaging robots market plan to conduct research and development initiatives to create unique robotic packaging systems to meet the increased demand from factories throughout the world.
Key companies are anticipated to release advanced products to provide a reliable pick-and-place operation at work as smart factories continue to evolve and industrial automation is used.
For instance, in 2020, one of the biggest manufacturers of robots, Fanuc, introduced the R-2000id robot with cable-integrated technology. This robot has advanced features including picking and positioning and auto checking in addition to packaging.
Key market players are concentrating on growing their customer base internationally. Top suppliers are providing advanced robotic machines that may be used for simultaneous picking, palletizing, and packing tasks.
For instance, in 2020, Bosch Packaging Technology’s German-based packaging machinery division was acquired by Syntegon Technology.