Packaging Automation Market (2024-2031)
The Packaging Automation Market is expected to reach $118.8 billion by 2031 from an estimated $60.4 billion in 2024, at a CAGR of 10.1% from 2024 to 2031.
- Published
- Jan 2024
- Pages
- 306
- Format
- PDF + Excel
- Report ID
- MR-638
- Base year
- 2023
- 2024 · ESTIMATED
- $60.40B
- 2031
- $118.8B
- CAGR 2024–2031
- 10.1%
2023 baseline · 2024–2031 forecast at 10.1% CAGR · hover a bar for the value
Key highlights
By Offering: In 2024, the Solution Segment is Expected to Dominate the Packaging Automation Market
By Type: In 2024, the Secondary Packaging Automation is Expected to Dominate the Packaging Automation Market
By End Use Industry: In 2024, the Food & Beverage Segment to Dominate the Packaging Automation Market
By Geogrpahy: In 2024, the Asia-Pacific Segment to Dominate the Packaging Automation Market
Report summary
| Particulars | Details |
|---|---|
| Number of Pages | 306 |
| Format | |
| Forecast Period | 2024–2031 |
| Base Year | 2023 |
| CAGR | 10.1% |
| Market Size (Value) | USD 118.8 Billion by 2031 |
| Segments Covered | By Offering · Solutions · Palletizers & Depalletizers · Case Packers · Vertical/Top Load Case Packers · Horizontal/Side Load Case Packers · Wrap Around Load Case Packers · Other Case Packers · Sleeves & Cartoners · Case Sealers & Erectors · Wrappers · Stretch Wrappers · Shrink Wrappers · Flow Wrappers · Automated Mailer Systems · Markers & Labelers · Strappers · Other Solutions · Services · Consulting · Installation & Training · Support & Maintenance · By Type · Robotic Pick and Place · Secondary Packaging Automation · Tertiary & Palletizing Automation · By End-use Industry · Food & Beverage · E-commerce & Logistics · E-commerce · Contract Packaging · Logistics Companies · Automotive · Healthcare & Pharmaceuticals · Healthcare & Pharmaceutical Manufacturing Companies · Contract Manufacturing Organizations · Chemicals & Refineries · Aerospace & Defense · Other End-Use Industries |
| Countries Covered | North America (U.S., Canada), Europe (Germany, U.K., France, Italy, Spain, and Rest of Europe), Asia-Pacific (China, Japan, South Korea, India, Taiwan, and Rest of Asia-Pacific), Latin America, and Middle East & Africa. |
| Key Companies | ABB, Ltd. (Switzerland), Robert Bosch GmbH (Germany), Siemens AG (Germany), Fanuc Corporation (Japan), and Mitsubishi Electric Corporation (Japan), Swisslog Holding AG (Switzerland), Rockwell Automation, Inc. (U.S.), Schneider Electric SE (France), WestRock Company (U.S.), SATO Holdings Corporation (Japan), Krones AG (Germany), Automated Packaging Systems, Inc. (U.S.), Emerson Electric Co. (U.S.), Crawford Packaging (Canada), Fuji Machinery (Japan), Brenton LLC (U.S.), BEUMER Group GmbH & Co. KG (Germany), Barry-Wehmiller Group, Inc. (U.S.), KHS GmbH (Italy), MULTIVAC Sepp Haggenmüller SE & Co. KG (Germany), Omori Machinery Co., Ltd. (Japan), and Syntegon Technology GmbH (Germany) |
Report overview
Segments covered: offering, type, end-use industry. Regions: North America, Europe, Asia-Pacific.
The growth of the packaging automation market is mainly attributed to the rapid growth of the E-commerce sector, the increasing adoption of automated systems across industries, and stringent food safety regulations. However, the high initial costs of installing automated systems restrain the market’s growth.
The high demand for packaging automation in the logistics industry and the increasing demand for sustainable and eco-friendly packaging are expected to create market growth opportunities. However, the shortage of skilled operators is a major challenge for the players in this market. Integration of advanced technologies and smart packaging are major trends in the packaging automation market.
Report infographic
Market dynamics
5 factors across 3 forcesIncreasing Adoption of Automated Systems Across Industries
Businesses are under pressure to deliver products more efficiently, safely, and sustainably. As a result, several industries, including manufacturing, logistics, healthcare, and food processing, are adopting automated packaging solutions to streamline operations, improve efficiency, and enhance overall productivity. Packaging automation helps address labor shortages, reduces waste, and enhances customer experience.
In the manufacturing industry, packaging automation optimizes the assembly line process, ensuring that products are packaged consistently and minimizing the risk of errors. In the logistics industry, packaging automation helps enhance sorting and shipping processes, enabling faster and more accurate deliveries. In the healthcare industry, packaging automation helps maintain the quality and safety of medical supplies. Furthermore, E-commerce & logistics companies use packaging automation to sort, package, and ship goods swiftly and accurately. In the food processing industry, packaging automation helps ensure compliance with hygiene standards, reduces contamination risks, and extends product shelf life.
Major players in the packaging automation market are focusing on launching new solutions to help businesses reduce labor costs, improve product quality, and enable faster time-to-market. For instance, in January 2023, Numina Group (U.S.) launched PaktTM, a fully productized packaging and shipping automation solution that enables businesses to lower labor costs by 70%.
Rapid Growth of the E-Commerce Sector Driving the Demand for Customized Packaging Solutions
The convenience of online shopping has increased the demand for customized packaging solutions across the e-commerce industry. Packaging automation offers numerous advantages for e-commerce companies, including enhancing operational efficiency by automating repetitive and time-consuming packaging tasks, allowing businesses to process orders faster and meet the ever-increasing consumer demand for quicker deliveries. It helps optimize packaging materials, reduces labor costs, and minimizes errors, ensuring that products are packaged consistently and securely. Moreover, automation allows for customization in packaging, which is crucial for branding and offering unique customer experiences. Hence, packaging automation is essential for the rapidly growing e-commerce market, with technological innovations further driving efficiency, sustainability, and cost-effectiveness. Major players in the packaging automation market are focused on offering solutions that can automate the packaging of small products, streamline operations, minimize the need for manual labor, and lower labor costs. For instance, in July 2022, Ranpak Holdings Corp. (U.S.) launched the Flap’it!TM solution, which automates the packing of various small products for e-commerce and industrial supply chains.
Table of contents
11 chapters · 127 sections · 306 pages · click to expandSegmental analysis
| Segment | Largest share (2024) | Fastest growth (2024–2031) |
|---|---|---|
| By Offering | Solution | Services |
| By Type | Secondary Packaging Automation | Secondary packaging |
| By End Use Industry | Food & Beverage | E-commerce & logistics |
| By Geogrpahy | Asia-Pacific | Region |
By Offering
- The Solution Segment is Expected to Dominate the Packaging Automation Market
- Furthermore, the solutions segment is subsegmented into case sealers & erectors, sleevers & cartoners, palletizers & depalletizers, strappers, markers & labelers, automated mailer systems, case packers, and other solutions.
- The solutions segment is expected to account for the larger share of the global packaging automation market.
- This segment is projected to reach USD 51.2 billion in 2024.
- The segment’s large market share is mainly attributed to the need for increased manufacturing speed, and the increasing demand for products and workers’ safety.
- However, the services segment is projected to record the highest CAGR during the forecast period.
- The segment’s rapid growth is driven by increasing deployment of automation in various industries such as e-commerce, healthcare & pharmaceuticals, food & beverage, automotive, and Chemical & Refineries and the growing demand for packaging automation to speed up production, optimize warehouse space, and reduce reliance on labor to provide more value-added services to their customers.
By Type
- The Secondary Packaging Automation is Expected to Dominate the Packaging Automation Market
- The secondary packaging segment is expected to account for the largest share of 41.5% of the global packaging automation market.
- The segment’s large market share is mainly attributed to rising demand for secondary packaging logistics across various industries such as manufacturing, food & beverage, automotive, Chemical & Refineries, aerospace & defense, e-commerce & logistics, healthcare & pharmaceuticals, and the growing demand for automation in manufacturing companies to increase production rates.
- Moreover, the secondary packaging segment is also projected to record the highest CAGR of 11.2% during the forecast period.
- The segment’s rapid growth is driven by the rising need to safely transport products during shipment and the growing demand for supplementary protection in the e-commerce and pharmaceutical sectors.
By End Use Industry
- The Food & Beverage Segment to Dominate the Packaging Automation Market
- Furthermore, the healthcare & pharmaceuticals segment is subsegmented into healthcare & pharmaceuticals manufacturing companies and contract manufacturing organizations.
- The E-commerce & logistics segment is subsegmented into E-commerce, contract packaging, and logistics companies.
- The food & beverage segment is expected to account for the largest share of 44.1% of the global packaging automation market.
- The segment’s large share is mainly attributed to shifting consumer tastes, intensifying competition in the packaged food market, and a surge in demand for packaged food.
- However, the E-commerce & logistics segment is projected to record the highest CAGR of 14.4% during the forecast period.
- The segment’s rapid growth is driven by growing online sales channels, increasing online shopping among customers, increasing adoption of automation in e-commerce & logistics for on-time delivery, and rising consumer demand for convenience shopping.
By Geogrpahy
- The Asia-Pacific Segment to Dominate the Packaging Automation Market
- Asia-Pacific is expected to account for the largest share of 38.3% of the global packaging automation market.
- Asia-Pacific packaging automation market is estimated to be worth USD 23.2 billion in 2024.
- The large share of Asia-Pacific market is attributed to the surging usage of sustainable packaging in the food & beverage sector, increasing government initiatives promoting automation and Industry 4.0 technologies to enhance manufacturing capabilities, growing demand for eco-friendly packaging solutions, and the rapid expansion of the E-commerce sector in countries like China and India.
- The region is also projected to grow at the highest CAGR of 11.0% over the forecast period.
Geographic analysis
Asia-Pacific
Largest shareBy Geogrpahy: In 2024, the Asia-Pacific Segment to Dominate the Packaging Automation Market
Competitive landscape
- June 2023
ABB (Switzerland) launched its latest automation software maintenance (ASM) lifecycle management program to cover the software-related paper machine drives, and this proactive system management helps pulp, paper, packaging, and tissue mills to maximize their system investment and reduce maintenance and support costs.
- June 2022
Siemens (Germany) Siemens partnered with NVIDIA Corporation (U.S.) to enable the industrial metaverse and increase the use of AI-driven digital twin technology to deliver productivity and process improvements across the production and product lifecycles.
- March 2022
Fanuc (Japan) expanded its series of CRX collaborative robots with the new CRX-5iA, CRX-20iA/L, and CRX-25iA solutions for the warehousing and logistics industries to offer the flexibility and perform a variety of tasks, including inspection, machine load/unload, packing, palletizing, sanding, and welding.
- ABB, Ltd. · Switzerland
- Robert Bosch GmbH · Germany
- Siemens AG · Germany
- Fanuc Corporation · Japan
- Mitsubishi Electric Corporation · Japan
- Swisslog Holding AG · Switzerland
- Rockwell Automation, Inc. (U.S.)
- Schneider Electric SE · France
- WestRock Company (U.S.)
- SATO Holdings Corporation · Japan
- Krones AG · Germany
- Automated Packaging Systems, Inc. (U.S.)
- Emerson Electric Co. (U.S.)
- Crawford Packaging · Canada
- Fuji Machinery · Japan
- Brenton LLC (U.S.)
- BEUMER Group GmbH & Co. KG · Germany
- Barry-Wehmiller Group, Inc. (U.S.)
- KHS GmbH · Italy
- MULTIVAC Sepp Haggenmüller SE & Co. KG · Germany
- Omori Machinery Co., Ltd. · Japan
- Syntegon Technology GmbH · Germany
Frequently asked questions
This study focuses on market assessment and opportunity analysis by analyzing the revenue of global packaging automation across various regions and countries. This study also offers a competitive analysis of the global packaging automation market based on an extensive assessment of the leading players' product portfolios, geographic presence, and key growth strategies.
Cite this report
Meticulous Research. (2024). Packaging Automation Market - Global Opportunity Analysis And Industry Forecast (2024-2031) (Report No. MR-638). Meticulous Market Research Pvt. Ltd. https://www.meticulousresearch.com/product/packaging-automation-market-5324