The Global Market for Palletizing Machinery is Projected to Reach US$744 Million by 2022
Growing Prominence of Efficient Palletizing in
End-Of-Line-Packaging Drives the Palletizing Machinery Market, According to New
Report by Global Industry Analysts, Inc.
GIA launches comprehensive
analysis of industry trends, growth drivers, market share, market size and
demand forecasts on the global Palletizing Machinery market. The
global market for Palletizing Machinery is projected to reach US$744 million by
2022, driven by growing importance of efficient palletizing in
end-of-line-packaging in production environments, and rising emphasis on advanced
palletizing systems in warehouses, logistics facilities and shipping locations.
Palletizing machines are
ideal for any application which involves pallets and palletizing, and the usage
of these machines is mainly concentrated in manufacturing facilities, ware
houses, logistics units, and shipping locations, primarily in sectors including
food & beverages, petrochemicals, consumer goods, and print media among
others. Outpacing the widely prevalent manual palletizing method, palletizing
machines have stretched their use case into a plethora of applications
involving stacking, placing and arranging goods on pallets for effective
movement of goods across the supply chain and distribution system. Integrated
with motor mechanisms, computer controls and sensors, modern automatic
palletizers extend the ability to swiftly, precisely and accurately stack
multiple cases of products in very less time. Myriad benefits of palletizing
machines that are responsible for the steady evolution of the market over the
years include minimal need for human workforce, cost-effective, high precision
and efficiency, fatigueless functioning, and faster turnaround time, among others.
The global market for
palletizing machinery is poised to exhibit healthy growth in the coming years
driven by various factors encouraging the adoption of these systems in
manufacturing and distribution facilities. Technological advancements, changing
consumer preferences, a well-diversified portfolio of end-use industries,
mushrooming product innovations and safety concerns continue to be the key
growth drivers for palletizing machinery. Increasing demand for robotic
palletizers is another key market driver poised to enhance the revenues in the
future. Advancements in computer controls, especially in the form of Human
Machine Interface (HMI), are redefining the way in which modern palletizing
machines are operated, managed and maintained. Computerized controls, wielding
significant impact on functioning of robotic as well as conventional systems,
permit quick configuration/reconfiguration to switch to different palletizing
needs in real-time and also allow high efficiency in collection and reporting of
data. Similarly, the speed, strength, durability, power consumption,
ease-of-use and repairability features of palletizing machines have also
exhibited dramatic improvements over the years thereby benefiting market
adoption.
As stated by the new
market research report on Palletizing
Machinery, Europe represents the largest market worldwide. High
inclination towards mechanizing and automation of various industrial processes
is having a major bearing on the proliferation of palletizing machinery in the developed
markets of Europe and the US. Asia-Pacific constitutes the fastest growing
market with a CAGR of 4.0% over the analysis period. Positive economic cues and
stable GDPs; rising public and private investments in industrial manufacturing;
growing demand for manufactured products; rapid expansion of food processing
and consumer durables sectors; and burgeoning foreign investment in local
production facilities represent key growth drivers in the region.
Key players covered in the
report include ABB Ltd., A-B-C Packaging Machine Corp., American-Newlong Inc., Arrowhead
Systems Inc., Barry-Wehmiller Companies Inc., BEUMER Group, Columbia/Okura LLC,
Conveying Industries Inc., Dematic Group S.Ã r.l., Emmeti SpA, Euroimpianti
S.p.A., Fanuc Corp., Intelligrated Inc., Kawasaki Heavy Industries Ltd., Krones
AG, KUKA Roboter GmbH, Maschinenfabrik Möllers GmbH, PaR Systems Inc., Premier
Tech Chronos, Pro Mach Inc., Schneider Packaging Equipment Co. Inc., Sidel, Gebo
Cermex, TopTier Inc., Uhlmann Pac-Systeme GmbH & Co. KG., Westfalia
Technologies Inc., and YASKAWA Electric Corp among others.
The research report titled
“Palletizing
Machinery: A Global Strategic Business Report” announced by Global Industry
Analysts Inc., provides a comprehensive
review of market trends, issues, drivers, mergers, acquisitions and other
strategic industry activities of global companies. The report provides market
estimates and projections in value terms for all major geographic markets such
as the US, Canada, Japan, Europe (France, Germany, Italy, UK, Spain, Russia and
Rest of Europe), Asia-Pacific (China, and Rest of Asia-Pacific), Middle East
& Africa, and Latin America. Product segments analyzed in the report
include Bulk Palletizers, Case Palletizers, and Others (Includes Bag, Drum,
Pails, and Keg Palletizers). Major end-use industries analyzed in the report
include Petrochemicals, Food & Beverage, and Others.
Global
Industry Analysts, Inc. 6150 Hellyer Ave., San Jose CA 95138, USA, All Rights
Reserved.
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