Market Size of Europe Packaging Automation Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2019 - 2022 |
| CAGR | 5.80 % |
| Market Concentration | Low |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Europe Packaging Automation Market Analysis
The key factors driving the packaging automation market growth are manufacturers' increasing concern about worker safety and the increasing development of advanced technologies such as autonomous robots, packaging robots, and digital manufacturing. The region is expected to record a CAGR of 5.8% for the forecast period (2021-2026).
- Packaging is a dominant element in the design of any product. The consumer goods industry is working to reduce the time between product development and delivery to the point of sale. Therefore, rapid packaging is critical to maintaining the short-term time-to-market for consumer products and is a critical component of product success. The market competition requires manufacturers to take adequate measures to cut costs. Measures to cut costs mean automating various manual processes and raising the level of semi-automated processes.
- Recent advances in fully integrating industrial robots into automation systems that can control both worlds with a single brain have proven crucial in the packaging industry, especially in highly automated lines.
- With the development of autonomous mobile robots (AMRs) and collaborative robots, this means manufacturers can improve operations in areas previously not seen with robots, such as final packaging, repacking, in-house logistics.
- In terms of packaging automation solutions, palletizers are expected to witness the fastest growth due to growing demand from key end-user sectors such as pharmaceutical, chemical, and food processing. The advanced robotic palletizing system can palletize multiple production lines simultaneously, significantly reducing costs and increasing productivity.
- Moreover, the COVID-19 pandemic has accelerated the demand for automated packaging, especially in the pharmaceutical market; as the labor manual count has cut down during the pandemic period, automated systems are keeping the patients and pharmacists safe by reducing contact. Pharmaceutical packaging and medication verification have been done by machines that can check the size, color, shape, and quantity of each medicine in each bag quickly, accurately, and safely.
