Global Palletizing Systems Market- Overview
The 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 generally defined as a part of a bigger packaging process where functions such as weighing, counting, sorting, labelling, as well as wrapping are integrated. The automatic palletizers are primarily divided into two categories known as, conventional and robotic. The robotic palletizers have a robotic arm with an end effector or a product gripper that usually picks out the product from the conveyor or layer table and also positions it onto the pallet. Therefore, manufacturers rely on flexible, end-of-line palletizing systems in order to build stable pallet or unit loads and also to adapt to the ever-changing packaging trends.
Global Palletizing Systems Market- Growth Factors
The palletizers play an important role in order to the fulfilment processes that require building pallets with multiple products or packaging types. The palletizing system offers complete end-of-line packaging services that includes, the integration of the palletizer, wrapper, labeller, and conveyor. Every market has its growth determinant and challenges. One of the major factor that has fuelled the market growth over the forecast period is the rising production of consumer goods, increasing capital income, as well as changing lifestyles. The production of consumer goods is a highly competitive business that has been evolving at a rapid pace. Also, the production rate of household products has also increased in order to cater to the rising demand over the forecast period. Additionally, the governments of various countries have allowed Foreign Direct Investment (FDI) in food processing, single-brand retail, and multi-brand retail. This has bolstered employment, supply chain, and visibility of FMCG brands across organized retail markets that has been driving consumer spending and encouraging more product launches over the forecast period.
Global Palletizing Systems Market- Market Trends
The automation from manufacturing to end-of-line packaging has been carried out in the production of household products. This has therefore, positively impacted the global palletizing system market overt the forecast period.
Additionally, the palletizing systems are employed in various end-use industries, such as pharmaceutical, chemical, personal care, and cosmetics. It is preferred for end-line packaging of food and beverage items because of its low cost, small footprint, and high throughput rate. It has therefore, boosted the market growth over the forecast period.
Global Palletizing Systems Market- Segmentation
The Global Palletizing Systems Market has been sub-classified into type, system type, speed, and weight.
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
Global Palletizing Systems Market- Regional Segmentation
The Global Palletizing Systems Market is segmented into 4 main regions namely, North America, Europe, Asia Pacific, and Middle east and Africa. Among these, Europe has dominated the regional sphere over the forecast period. The main countries that is, Germany and Italy are the largest manufacturers and exporters of robots and consumer-oriented agricultural products in Europe. Also, the government initiatives along with ongoing R&D activities in the field of technology have been boosting the market growth in Europe.
Global Palletizing Systems Market- Key Market Players
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, Mllers Packaging Technology GmbH, KUKA AG, Yaskawa America, Inc. (Yaskawa Europe GmbH), FANUC CORPORATION, Seiko Epson Corporation, Honeywell International, Inc., and I.M.A. INDUSTRIA MACCHINE AUTOMATICHE S.P.A. are the major companies operating in the market.
Report scope
Global Palletizing Systems Market : Historical Years- 2018-2021
Global Palletizing Systems Market : Forecast Years- 2022-2030
Global Palletizing Systems Market 2022- USD 2145.5 Million
Global Palletizing Systems Market CAGR- 4.9%
