Europe Palletizer Market Size

Europe Palletizer Market Analysis

Europe Palletizer Market is expected to grow by registering a CAGR of about 11.9 % during the forecast period. The market during the study period is anticipated to be driven by the rising demand for high-quality consumer goods and, more important, packaging processes that incorporate features like weighing, counting, sorting, labeling, metal detection, and wrapping.

• Palletizer is one of the significant pieces of equipment among the primary advanced automated material handling systems. Organizations are raising their expectations for workforce flexibility and safety; a shift is happening from manual to automation in operations.
• In distribution centers, warehouses, and industrial facilities, the pallet construction process is automated using robotic or traditional palletizers, depending on the situation. Different technologies are integrated according to usage, which enables manufacturers to create optimal pallets.
• Additionally, the lockdown in Germany is causing a rise in the demand for grocery capacity, which is anticipated to boost the palletizer market because manufacturing facilities were forced to speed up production. An increase in capacity will also increase the need for automation and sophisticated machinery.
• The pharmaceutical sector also plays an essential role in the palletizer industry. Fully automatic palletizers are used for unattended pharmaceutical production. Supported by the European pharmaceutical industries, the sector is booming.
• The growing interest and demand for certified beauty products in Europe drive the growth of palletizers in the cosmetic industry. The development of palletizers in the personal care sector is fueled by the K-beauty trends with its whimsical and innovative packaging.
• The maintenance cost is anticipated to constrain the development of robotic palletizers during the study period. The adoption of robotic palletizers, which includes high switching costs, and the high cost of maintaining and deploying automation systems, present further challenges to the growth of the palletizer market.
• Due to the breakout of the COVID-19 pandemic, many manufacturing facilities in the FMCG sector have undergone increased pressure, and they had to speed up their process production. According to a survey done by Packaging Europe, 87% of the respondents answered that to maintain the supply chain productivity and social distancing, they had started different shifts, and 22% claimed that they had to incorporate automation to keep the process. This shows that the pandemic helped this market to grow exponentially.