europe-packaging-automation-market-industry
Published

November 2016

Europe Packaging Automation Market by Solutions, Products, End-Users, Countries and Vendors - Forecasts, Trends and Shares (2016 - 2021)

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Germany has the largest market share followed by the United Kingdom and France. Food packaging, accounting for 30% of the market share, is the major industry segment in packaging automation market, followed by beverages and pharmaceuticals. The need for optimal space utilization, reduced supply chain times and increased efficiency has made warehousing industry to opt for packaging automation methods. Chemicals and confectionaries are other market segments that are increasingly adopting packaging automation. The European packaging automation market is estimated to grow from USD 4.68 billion in 2016 to USD 6.66 billion by the end of 2021. The market is forecasted to grow at a CAGR of 6.05% during this period.

Packaging is a dominant element in every product design. Consumer goods industries are trying to reduce the time interval between the design of a product and delivery to the point of sale. Ensuring swift packaging is therefore a key to maintaining short time-to-market for consumer products and is a decisive factor in the success of the product. Competition in the marketplace is forcing manufacturers to implement effective cost cutting measures. Adopting cost cutting measures means automating different manual processes and increasing the level of semi-automation process.

Processes like filling, labeling, bagging, palletizing, capping and other several stages of packaging have been automated in many parts of the world. No more manual intervention is required for these processes. Enterprises manufacturing products like food, pharmaceuticals, cosmetics, personal care, beverages and even warehouses are increasingly using such automation solutions to streamline their business processes as well as reduce operating costs.

With increasing globalization of production and the intensely competitive nature of the packaging industry, cost cutting becomes imperative as companies are striving to maximize profits; but compromising on quality is not an option as the consumers are increasingly being aware and conscious of the products they use. This has created a great need for automation to be employed in packaging.

Drivers

  • Increasing pressure on manufacturers to cut down operating costs
  • Emerging markets are emerging as low-cost labor and increased competition
  • Reduces machine downtime and product waste

Restraints

  • Initial costs are high

The research published on packaging automation covers different automation solutions such as filling, labeling, horizontal/vertical pillow, case packaging, bagging, palletizing, capping, wrapping and others. This report elaborates the situation of packaging automation market, and shows its application in end-user markets such as food, pharmaceutical, cosmetic, household, beverages, chemical, confectionary, warehouse and others along with accurate market metrics.

SPECIALITIES OF THIS REPORT

  • The report will be useful in gaining an exhaustive understanding of the regional market. It will also be of assistance in providing a comprehensive analysis of the major trends, innovations and associated prospects for market growth over the coming half a decade.
  • The report will be an ideal source material for industry consultants, manufacturers and other interested and allied parties to gain a critical insight into the factors driving and restraining the market, in addition to opportunities offered.
  • The report contains a wide range of information about the leading market players and the major strategies adopted by them.

WHAT THE REPORT OFFERS

  • Market definition along with identification of key drivers and restraints for the market.
  • Market analysis with region specific assessments and competition analysis on a global and regional scale.
  • Identification of factors instrumental in changing the market scenarios, rising prospective opportunities and identification of key companies that can influence the market on a global and regional scale.
  • Extensively researched competitive landscape section with profiles of major companies along with their strategic initiatives and market shares.
  • Identification and analysis of the macro and micro factors that affect the industry on both global and regional scale.
  • A comprehensive list of key market players along with the analysis of their current strategic interests and key financial information. 
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