The packaging automation market is valued at USD 30.93 billion in 2016 and is expected to reach a value of USD 51.76 billion by the end of 2022, growing at a projected CAGR of 8.96% during the forecast period of 2017 - 2022. Asia-Pacific is the leading market for packaging automation with China and Japan being the major markets in the region. Asia-Pacific and Latin American regions are the fastest growing regions in packaging automation market.
Currently, food packaging segment holds the maximum share of the global market followed by beverages. Household and confectionary markets are also growing at a CAGR of 13.00 % and 8.07 % respectively.
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.
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.
Need for lean & cost effective manufacturing, increased competition among companies in growth markets, and the necessity for equipment with higher operating efficiency and less downtime are the major drivers decisive in packaging automation market.
Automated equipment requires high capital investment and a higher level of maintenance compared to a manually operated machine. With the economy in flux, this will pose a significant challenge for the growth of this market.
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 prospects/ opportunities and identification of key companies that influence the global market.
Extensively researched sections of the competitive landscape with profiles of major companies, their strategic initiatives along with their market shares and key financial information.
Identification and analysis of the macro and micro factors that will determine the market trend in future.
1.1 Key Findings
1.2 Research Methodology
2. Executive Summary
3. Market Insights
3.1 Market Overview
3.2 Factors Driving the Market
3.2.1 Increasing Pressure on Manufacturers to Cut Down Operating Costs
3.2.2 Emerging Markets are emerging as Low Cost Labor and Increased Competition
3.2.3 Reduces Machine Downtime and Product Waste
3.3 Factors Restraining the Market
3.3.1 Initial Costs are high
3.4 Industry Value-Chain Analysis
3.5 Industry Attractiveness Porters Five Forces Analysis
3.5.1 Bargaining Power of Suppliers
3.5.2 Bargaining Power of Consumers
3.5.3 Threat of New Entrants
3.5.4 Threat of Substitute Products or Services
3.5.5 Competitive Rivalry among Existing Competitors
4. Technology Overview
4.1 Technology Snapshot
4.2 Industry Applications
5. Packaging Automation Market by Businesses
5.1 B2B e-commerce retailers
5.2 B2C e-commerce retailers
5.3 Omni Channel Retailers
5.4 Wholesale Distributors
5.6 Personal Document Shippers
6. Packaging Automation Market by End-User Market
7. Packaging Automation Market Segmentation by Solution
7.3 Horizontal/Vertical Pillow
7.4 Case Packaging
8. Packaging Automation Market Segmentation by Region
8.1 North America
8.4 Latin America
8.5 Middle East and Africa
9. Vendor Market Share Analysis
10. Company Profiles
10.3 Rockwell Automation
10.6 Emerson Industrial Automation
10.7 ULMA Packaging
10.8 ATS Automation Tooling Systems
10.10 Massman Automation Designs, LLC
10.11 Schneider Electric
10.13 Gerhard Schubert GmbH
11. Future of Package Automation Market