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Global Palletizer Market Share, Size, Opportunities, Scope, Trends, Analysis: By Product Type: Bags, Cases, Others; By Technology: Robotic, High Level, Low Level or Floor Level; By Application: Food and Beverage, Healthcare and Pharmaceuticals, Cosmetics and Personal Care, Others; Regional Analysis; Competitive Landscape; 2024-2032
Global Palletizer Market Outlook
The global palletizer market size reached a value of approximately USD 2.78 billion in 2023. The global market is expected to grow at a CAGR of 5.20% between 2024 and 2032, reaching a value of USD 4.37 billion by 2032.
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Key Trends in the Market
A palletizer is an automated material handling machine that is utilised for handling individual products and stacking them into one single unit, which provides a more economical and convenient method of handling storage. Palletizers come with integrated functions such as counting, sorting, weighing, wrapping, labelling, and metal detection. However, some of these functions can be done with separate equipment.
- The shifting demands of the packaging sector have significantly aided in the development of hybrid machinery that have been developed to put products upright, before the development of layers. With these hybrid machineries, pallaetizers can easiely transfer items upright, increasing the usefulness and demand of palletizers.
- The rapid growth of the e-commerce sector has had a significant impact on the development of the palletizer market as warehouses increasingly look to implement automation for packaging and sorting. This is because manual palletizing can be an arduous task and can take a lot of time, especially when the volume of items is high.
- The growing implementation of human-machine interfaces or HMI is surging the development of manufacturing sector, reconfiguring the machinery required for multiple product layers and various case sizes and handling pallet patterns. Robotic palletizing safeguards constant motion at the end of the line process, thus, increasing the output and decreasing downtime.
Global Palletizer Market Analysis
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Based on product type, the market is segmented into bags, and cases, among others. On the basis of technology, the market is categorised into robotic, high level, and low level or floor level. Based on application, the palletizer market is divided into food and beverage, healthcare and pharmaceuticals, and cosmetics and personal care, among others. The regional markets for palletizers are segmented into 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 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 palletizer market, covering their competitive landscape and the latest developments like mergers, acquisitions, investments and expansion plans.
- Fuji Yusoki Kogyo Co., Ltd.
- Honeywell International Inc.
- ABC Packaging Machine Corporation
- Krones AG
- BEUMER Group GmbH & Co. KG
- ABB Ltd.
- Others
Market Share by Technology
Robotic technology for palletizers is expected to expand at a significantly rapid rate among all the technological sectors. This can be attributed to the various qualities of robotic technology including support for complex layer patterns and the ability to modify product proportions. Additionally, due to enhanced human-machine interactions, robotic palletizers have a reduced chance of injuring the user, which is driving the market expansion for robotic palletizing equipment. Increasing incorporation of robotics in the warehousing sector is likely to take place in the coming years, to be able to bolster production volumes at lower costs. This is expected to result in a heightened demand for robotic technology in palletizers that can sync with other technologies used in warehouses.
Market Share by Application
The market applications of palletizers in healthcare and pharmaceuticals is anticipated to have a significantly high CAGR throughout the projected period. The exponentially high volume of pharmaceutical production, improvements in healthcare infrastructure across various countries, and increasing demand for home healthcare devices are catalysing the demand for palletizers. These devices speed up the packing procedures, reducing the amount of time that the medications must travel, which is highly beneficial for pharmaceuticals that have a limited shelf life. The COVID-19 epidemic has highlighted the need for having an adequate stock of pharmaceuticals and healthcare devices, which in turn has increased the demand for palletizers for faster warehousing and more efficient logisitcs.
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Competitive Landscape
Fuji Yusoki Kogyo Co., Ltd., is a leading robotic palletizing system developing and manufacturing company, which was founded in 1944 and is headquartered in Yamaguchi, Japan. They have distributed their products around the world to various sectors under the brand name Fuji Robotics. Fuji Yusoki has established itself as one of the most reliable robotic palletizing manufacturing equipment companies.
Honeywell International Inc., based out of North Carolina in the United States and founded in 1906, is one of the leading multinational conglomerate corporations. The company is focused on different fields of business including aerospace, building technologies, performance materials, technologies, and safety and productivity solutions. It is a Fortune 100 company that is focused on manufacturing technologies.
ABC Packaging Machine Corporation. is a packaging and container manufacturing company that is headquartered in Florida, United States. The company was founded in 1940 and serves the packaging equipment industry. The expertise of ABC Packaging Machine Corporation lies in various fields such as case packers, palletizers, decasers, secondary packaging machinery suppliers, speciality machinery, and robotics, among others.
Other market players include Krones AG, BEUMER Group GmbH & Co. KG, and ABB Ltd., among others.
Key Highlights of the Report
| 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:
|
| Breakup by Product Type |
|
| Breakup by Technology |
|
| Breakup by Application |
|
| Breakup by Region |
|
| Market Dynamics |
|
| Competitive Landscape |
|
| Companies Covered |
|
*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
6.1 Global
6.2 Regional
7 Opportunities and Challenges in the Market
8 Global Palletizer Market Analysis
8.1 Key Industry Highlights
8.2 Global Palletizer Historical Market (2018-2023)
8.3 Global Palletizer Market Forecast (2024-2032)
8.4 Global Palletizer Market by Product Type
8.4.1 Bags
8.4.1.1 Market Share
8.4.1.2 Historical Trend (2018-2023)
8.4.1.3 Forecast Trend (2024-2032)
8.4.2 Cases
8.4.2.1 Market Share
8.4.2.2 Historical Trend (2018-2023)
8.4.2.3 Forecast Trend (2024-2032)
8.4.3 Others
8.5 Global Palletizer Market by Technology
8.5.1 Robotic
8.5.1.1 Market Share
8.5.1.2 Historical Trend (2018-2023)
8.5.1.3 Forecast Trend (2024-2032)
8.5.2 High Level
8.5.2.1 Market Share
8.5.2.2 Historical Trend (2018-2023)
8.5.2.3 Forecast Trend (2024-2032)
8.5.3 Low Level or Floor Level
8.5.3.1 Market Share
8.5.3.2 Historical Trend (2018-2023)
8.5.3.3 Forecast Trend (2024-2032)
8.6 Global Palletizer Market by Application
8.6.1 Food and Beverage
8.6.1.1 Market Share
8.6.1.2 Historical Trend (2018-2023)
8.6.1.3 Forecast Trend (2024-2032)
8.6.2 Healthcare and Pharmaceuticals
8.6.2.1 Market Share
8.6.2.2 Historical Trend (2018-2023)
8.6.2.3 Forecast Trend (2024-2032)
8.6.3 Cosmetics and Personal Care
8.6.3.1 Market Share
8.6.3.2 Historical Trend (2018-2023)
8.6.3.3 Forecast Trend (2024-2032)
8.6.4 Others
8.7 Global Palletizer Market by Region
8.7.1 North America
8.7.1.1 Market Share
8.7.1.2 Historical Trend (2018-2023)
8.7.1.3 Forecast Trend (2024-2032)
8.7.2 Europe
8.7.2.1 Market Share
8.7.2.2 Historical Trend (2018-2023)
8.7.2.3 Forecast Trend (2024-2032)
8.7.3 Asia Pacific
8.7.3.1 Market Share
8.7.3.2 Historical Trend (2018-2023)
8.7.3.3 Forecast Trend (2024-2032)
8.7.4 Latin America
8.7.4.1 Market Share
8.7.4.2 Historical Trend (2018-2023)
8.7.4.3 Forecast Trend (2024-2032)
8.7.5 Middle East and Africa
8.7.5.1 Market Share
8.7.5.2 Historical Trend (2018-2023)
8.7.5.3 Forecast Trend (2024-2032)
9 North America Palletizer Market Analysis
9.1 United States of America
9.1.1 Market Share
9.1.2 Historical Trend (2018-2023)
9.1.3 Forecast Trend (2024-2032)
9.2 Canada
9.2.1 Market Share
9.2.2 Historical Trend (2018-2023)
9.2.3 Forecast Trend (2024-2032)
10 Europe Palletizer Market Analysis
10.1 United Kingdom
10.1.1 Market Share
10.1.2 Historical Trend (2018-2023)
10.1.3 Forecast Trend (2024-2032)
10.2 Germany
10.2.1 Market Share
10.2.2 Historical Trend (2018-2023)
10.2.3 Forecast Trend (2024-2032)
10.3 France
10.3.1 Market Share
10.3.2 Historical Trend (2018-2023)
10.3.3 Forecast Trend (2024-2032)
10.4 Italy
10.4.1 Market Share
10.4.2 Historical Trend (2018-2023)
10.4.3 Forecast Trend (2024-2032)
10.5 Others
11 Asia Pacific Palletizer Market Analysis
11.1 China
11.1.1 Market Share
11.1.2 Historical Trend (2018-2023)
11.1.3 Forecast Trend (2024-2032)
11.2 Japan
11.2.1 Market Share
11.2.2 Historical Trend (2018-2023)
11.2.3 Forecast Trend (2024-2032)
11.3 India
11.3.1 Market Share
11.3.2 Historical Trend (2018-2023)
11.3.3 Forecast Trend (2024-2032)
11.4 ASEAN
11.4.1 Market Share
11.4.2 Historical Trend (2018-2023)
11.4.3 Forecast Trend (2024-2032)
11.5 Australia
11.5.1 Market Share
11.5.2 Historical Trend (2018-2023)
11.5.3 Forecast Trend (2024-2032)
11.6 Others
12 Latin America Palletizer Market Analysis
12.1 Brazil
12.1.1 Market Share
12.1.2 Historical Trend (2018-2023)
12.1.3 Forecast Trend (2024-2032)
12.2 Argentina
12.2.1 Market Share
12.2.2 Historical Trend (2018-2023)
12.2.3 Forecast Trend (2024-2032)
12.3 Mexico
12.3.1 Market Share
12.3.2 Historical Trend (2018-2023)
12.3.3 Forecast Trend (2024-2032)
12.4 Others
13 Middle East and Africa Palletizer Market Analysis
13.1 Saudi Arabia
13.1.1 Market Share
13.1.2 Historical Trend (2018-2023)
13.1.3 Forecast Trend (2024-2032)
13.2 United Arab Emirates
13.2.1 Market Share
13.2.2 Historical Trend (2018-2023)
13.2.3 Forecast Trend (2024-2032)
13.3 Nigeria
13.3.1 Market Share
13.3.2 Historical Trend (2018-2023)
13.3.3 Forecast Trend (2024-2032)
13.4 South Africa
13.4.1 Market Share7
13.4.2 Historical Trend (2018-2023)
13.4.3 Forecast Trend (2024-2032)
13.5 Others
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter’s Five Forces Analysis
14.2.1 Supplier’s Power
14.2.2 Buyer’s Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Competitive Landscape
15.1 Market Structure
15.2 Company Profiles
15.2.1 Fuji Yusoki Kogyo Co., Ltd.
15.2.1.1 Company Overview
15.2.1.2 Product Portfolio
15.2.1.3 Demographic Reach and Achievements
15.2.1.4 Certifications
15.2.2 Honeywell International Inc.
15.2.2.1 Company Overview
15.2.2.2 Product Portfolio
15.2.2.3 Demographic Reach and Achievements
15.2.2.4 Certifications
15.2.3 ABC Packaging Machine Corporation
15.2.3.1 Company Overview
15.2.3.2 Product Portfolio
15.2.3.3 Demographic Reach and Achievements
15.2.3.4 Certifications
15.2.4 Krones AG
15.2.4.1 Company Overview
15.2.4.2 Product Portfolio
15.2.4.3 Demographic Reach and Achievements
15.2.4.4 Certifications
15.2.5 BEUMER Group GmbH & Co. KG
15.2.5.1 Company Overview
15.2.5.2 Product Portfolio
15.2.5.3 Demographic Reach and Achievements
15.2.5.4 Certifications
15.2.6 ABB Ltd.
15.2.6.1 Company Overview
15.2.6.2 Product Portfolio
15.2.6.3 Demographic Reach and Achievements
15.2.6.4 Certifications
15.2.7 Others
16 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Global Palletizer Market: Key Industry Highlights, 2018 and 2032
2. Global Palletizer Historical Market: Breakup by Product Type (USD Million), 2018-2023
3. Global Palletizer Market Forecast: Breakup by Product Type (USD Million), 2024-2032
4. Global Palletizer Historical Market: Breakup by Technology (USD Million), 2018-2023
5. Global Palletizer Market Forecast: Breakup by Technology (USD Million), 2024-2032
6. Global Palletizer Historical Market: Breakup by Application (USD Million), 2018-2023
7. Global Palletizer Market Forecast: Breakup by Application (USD Million), 2024-2032
8. Global Palletizer Historical Market: Breakup by Region (USD Million), 2018-2023
9. Global Palletizer Market Forecast: Breakup by Region (USD Million), 2024-2032
10. North America Palletizer Historical Market: Breakup by Country (USD Million), 2018-2023
11. North America Palletizer Market Forecast: Breakup by Country (USD Million), 2024-2032
12. Europe Palletizer Historical Market: Breakup by Country (USD Million), 2018-2023
13. Europe Palletizer Market Forecast: Breakup by Country (USD Million), 2024-2032
14. Asia Pacific Palletizer Historical Market: Breakup by Country (USD Million), 2018-2023
15. Asia Pacific Palletizer Market Forecast: Breakup by Country (USD Million), 2024-2032
16. Latin America Palletizer Historical Market: Breakup by Country (USD Million), 2018-2023
17. Latin America Palletizer Market Forecast: Breakup by Country (USD Million), 2024-2032
18. Middle East and Africa Palletizer Historical Market: Breakup by Country (USD Million), 2018-2023
19. Middle East and Africa Palletizer Market Forecast: Breakup by Country (USD Million), 2024-2032
20. North America Historical Price Trends and Forecast 2018-2028
21. Europe Historical Price Trends and Forecast 2018-2028
22. Asia Pacific Historical Price Trends and Forecast 2018-2028
23. Latin America Historical Price Trends and Forecast 2018-2028
24. Middle East and Africa Historical Price Trends and Forecast 2018-2028
25. Global Palletizer Market Structure
Key Questions Answered in the Report
In 2023, the global market for palletizers reached a value of USD 2.78 billion.
The market is expected to grow at a CAGR of 5.20% between 2024 and 2032.
The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach a value of USD 4.37 billion in 2032.
The market is being driven by the expansion of warehousing facilities, increasing sales of bulk items, and growing demand for palletizers to improve distribution and packaging processes.
The growing demand for automation in warehouses, thriving e-commerce sector, and increasing sales of high volume pharmaceutical and healthcare products are the key trends in the market.
The major regional markets for palletizers include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
The products of palletizers in the market include bags, and cases, among others.
The primary technologies for palletizers include robotic, high level, and low level or floor level.
The various applications of palletizers in the market include food and beverage, healthcare and pharmaceuticals, and cosmetics and personal care, among others.
The key players in the global palletizer market include Fuji Yusoki Kogyo Co., Ltd., Honeywell International Inc., ABC Packaging Machine Corporation, Krones AG, BEUMER Group GmbH & Co. KG, and ABB Ltd., among others.
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