Application-Driven Innovations in the Era of Smart Manufacturing to Boost Growth of Palletizing Machinery

The global market for Palletizing Machinery is projected to reach US$2.9 billion by 2024, driven by high thrust on industrial automation in the era of smart manufacturing, effervescent technology advancements and innovations, and healthy outlook for end-user industries. A pallet is a raised platform upon which products and items are placed in the form of bags, cases, bottles, cans or boxes etc., to make bulk handling of products much more simple and flexible than ever imagined in end-of-line packaging and in transit consignments. With the exception of single unit parcel items, pallets are used in shipment of all types of products in any quantity that are unitized into a space-efficient, high-density, easily handled load for transportation throughout the distribution system. Palletizing equipment is optimized with the use of buffer systems to work as mechanical palletizers or to work with robots. The palletizers market is flourishing due to myriad benefits of palletizing machines that are responsible for the steady evolution of the market over the years that 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. The food & beverage industry is the most dynamic end-user segment due to constant enhancements in techniques and development of new packaging machines. In addition, there is significant increase in processed food consumption in recent days due to growing urbanization, increase in disposable income, and improved lifestyle habits, which in turn boosts packaged food products demand. This trend drives manufacturers to seek safer methods of stacking the products by adopting automatic palletizing equipment, which also ensures greater precision and speed. Demand for hybrid palletizers is on the rise because their designs integrate the reliability and speed of traditional palletizers and the repeatability and flexibility of robotic palletizers. Hybrid palletizers are capable of adapting to the changing pallet patterns, weights, and speeds.

As stated by the new market research report on Palletizing Machinery, Asia-Pacific represents the largest market worldwide. Asia-Pacific also constitutes the fastest growing market with a CAGR of 4.6% over the analysis period. Continuous need to improve production efficiencies; changes in the packaging industry due to the development and introduction of hybrid palletizers that integrate functionalities of both conventional and robotic palletizers; ease of usage; improved efficiency offered by the systems in handling delicate products; and cost effectiveness are the key factors that contribute to the increase in demand for palletizers in the Asia-Pacific market. On the other hand, 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.

Key players in the market include ABB Ltd., A-B-C Packaging Machine Corp. , American-Newlong, Inc., Arrowhead Systems Inc., Barry-Wehmiller Companies, Inc., BEUMER Group GmbH & Co. KG, Columbia/Okura LLC, Conveying Industries, Inc., Emmeti SpA, FANUC Corp., Honeywell Intelligrated, Kawasaki Heavy Industries, Ltd., KION Group AG, Krones AG, KUKA AG, Maschinenfabrik Möllers GmbH, Ouelette Machinery Systems, Inc., PaR Systems, LLC, Premier Tech Chronos, ProMach, Inc., Schneider Packaging Equipment Co., Inc., Sidel, Gebo Cermex, Skilled Group, TopTier, Inc., Uhlmann Pac-Systeme GmbH & Co. KG., Westfalia Technologies, Inc., YASKAWA Electric Corp., and Yaskawa Motoman, among others.

The research report titled “Palletizing Machinery – Market Analysis, Trends and Forecasts” 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. The report also provides volume analytics for the US and Canadian markets.

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