The packaging robot market size is expected to witness significant growth and is projected to grow at a CAGR of over 9% from 2021 to 2027. Rapid industrialization is expected to drive the industry over the next seven years.
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The growing number of manufacturing industries worldwide is expected to propel the global packaging robot market growth from 2016 to 2023. Rapid urbanization along with rising disposable income is expected to increase the demand for packaging as well as digital labeling. Various industries such as sports, healthcare and FMCG are expected to have a huge growth impact on the industry from 2021 to 2027. The FMCG industry is expected to drive the revenue share in the coming years.
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Packaging Robot Market- Segmentation
By Type
• Picking
• Packing
• Case packing
• Tray packing
• Filling
By Application
• Food and Beverages
• Pharmaceuticals
• Consumer Products
• Tracking and Logistics
• Industrial Packaging
• Chemicals
• Electronics Devices
Companies
• Fanuc
• Adept Technology
• KUKA
• Yaskawa Motoman
• IAI America
• Denso Robotics
• Panasonic
• ABC Packaging Machine
• AFAST
• BluePrint Automation
• Bosch Rexroth
(This release has been published on OMR Industry Journal. OMR Industry Journal is not responsible for any content included in this release.)
