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Base Year
Historical Year
Forecast Year
The global packaging automation market size reached approximately USD 76.59 billion in 2023. The market is further projected to grow at a CAGR of 5.4% between 2024 and 2032, reaching a value of USD 122.83 billion by 2032.
Global Packaging Automation Market Report Summary | Description | Value |
Base Year | USD Billion | 2023 |
Historical Period | USD Billion | 2018-2023 |
Forecast Period | USD Billion | 2024-2032 |
Market Size 2023 | USD Billion | 76.59 |
Market Size 2032 | USD Billion | 122.83 |
CAGR 2018-2023 | Percentage | XX% |
CAGR 2024-2032 | Percentage | 5.4% |
CAGR 2024-2032 - Market by Region | Asia Pacific | 6.2% |
CAGR 2024-2032 - Market by Country | India | 7.1% |
CAGR 2024-2032 - Market by Country | China | 6.0% |
CAGR 2024-2032 - Market by Offering | Solution | 5.9% |
CAGR 2024-2032 - Market by Automation Type | Robotic Pick and Place Automation | 5.8% |
Market Share by Country 2023 | India | 6.8% |
Packaging automation is the method that involves robots and other automated systems or machines for packing products without human intervention. It replaces repetitive tasks and eliminates human requirement for demanding and tedious duties. Packaging automation ensures scalability and allows for frequent line changes.
Based on offering, the market is divided into solution and services. By automation type, the market is categorised into robotic pick and place automation, secondary packaging automation, and tertiary and palletizing automation. On the basis of end use, the market is classified into e-commerce and logistics, food and beverage, healthcare and pharmaceuticals, automotive, chemical and refinery, and aerospace and defence, among others. Based on region, the packaging automation market segmentation includes North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis. The report gives a detailed analysis of the following key players in the global market, covering their competitive landscape and latest developments like mergers, acquisitions, investments, and expansion plans.
Robotic pick and place automation accounts for a significant packaging automation market share owing to the rising requirement for better product handling and adaptability. The main advantage remains speed and consistency provided by these robots in the packaging applications and their ability to insert individual products into the packaging machine. This automation type also minimises the requirement for human assistance, thus lowering labour expenses.
The Asia Pacific is expected to hold a significant share of the market owing to the growing penetration of packaging machineries in the region. Increasing investments, growing retail market, and rising consumption rate of goods in countries such as China and India are accelerating the need for packaging solutions. The expansion of the food and beverage sector in Japan and growing demand for medical and pharmaceutical products from India also aiding the packaging automation market growth in the Asia Pacific.
CAGR 2024-2032 - Market by | Country |
India | 7.1% |
China | 6.0% |
Canada | 5.6% |
Germany | 4.4% |
Italy | 3.8% |
USA | XX% |
UK | XX% |
France | XX% |
Japan | 3.7% |
Australia | XX% |
Saudi Arabia | XX% |
Brazil | XX% |
Mexico | XX% |
Rockwell Automation Inc. was founded in 1903 and is headquartered in Wisconsin, United States. The automation company provides digital transformation and industrial automation technologies along with integrated control and information solutions to its customers around the globe.
Mitsubishi Electric Corporation is an appliance, electrical, and electronics manufacturing company that was founded in 1921 and is headquartered in Tokyo, Japan. The company manufactures and provides it customers with several electric and electronic equipment including home appliances.
Emerson Electric Co. was established in 1890 and has its headquarters located in Missouri, United States. The industrial machinery manufacturing company provides innovative technological solutions to industrial, residential, and commercial sectors across the globe.
Other packaging automation market players include Kollmorgen Corporation, MULTIVAC Sepp Haggenmüller SE & Co. KG, ULMA Group, Siemens AG, ABB Ltd, Coesia S.p.A., Syntegon Technology GmbH, Swisslog Healthcare AG, and Sealed Air Corporation, among others.
REPORT FEATURES | DETAILS |
Base Year | 2023 |
Historical Period | 2018-2023 |
Forecast Period | 2024-2032 |
Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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Breakup by Offering |
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Breakup by Automation Type |
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Breakup by End Use |
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Breakup by Region |
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Market Dynamics |
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Competitive Landscape |
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Companies Covered |
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*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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The market reached a value of approximately USD 76.59 billion in 2023.
The market is projected to grow at a CAGR of 5.4% between 2024 and 2032.
The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach USD 122.83 billion 2032.
The major market drivers include integration of IoT technologies, increased demand for flexible packaging solutions to accommodate customisations, and growing retail sector.
The key trends fuelling the growth of the market include increased labour costs and changing consumer preferences.
The major regions in the market are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
The significant offerings available in the market are solution and services.
The key players in the market are Rockwell Automation Inc., Mitsubishi Electric Corporation, Emerson Electric Co., Kollmorgen Corporation, MULTIVAC Sepp Haggenmüller SE & Co. KG, ULMA Group, Siemens AG, ABB Ltd, Coesia S.p.A., Syntegon Technology GmbH, Swisslog Healthcare AG, and Sealed Air Corporation, among others.
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United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61 448 06 17 27
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63 287899028, +63 967 048 3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84865399124
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