How E-Commerce Expansion Fuels Surge In Packaging Automation Market Demand Driver Will Shape Packaging Automation Market Growth and Expansion

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Which emerging drivers are set to accelerate the growth of the packaging automation market further?

The rising e-commerce industry is expected to propel the growth of the packaging automation market going forward. E-commerce or electronic commerce refers to the buying and selling goods and services over the internet. The demand for e-commerce stems from its convenience, accessibility, and ability to provide a wide range of products and services to consumers from the comfort of their homes, anytime and anywhere. E-commerce uses packaging automation to streamline order fulfillment processes, reduce costs, enhance efficiency, and ensure consistent packaging quality across a high volume of orders. For instance, according to the 2023 data released by the United States Census Bureau, a US-based government agency, e-commerce sales increased by 7.6 % between the third quarter of 2022 and the third quarter of 2023 in the USA. Therefore, the increased demand for rising e-commerce industry is driving the growth of the packaging automation market.

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What are the key factors influencing the forecasted market size of the packaging automation industry?

The packaging automation market size has grown rapidly in recent years. It will grow from $78.49 billion in 2024 to $86.72 billion in 2025 at a compound annual growth rate (CAGR) of 10.5%. The growth in the historic period can be attributed to demand for packaging automation, an increasing number of automations for secondary packaging, the need for automated packaging machines, and the and the increasing adoption of automation solutions.

The packaging automation market size is expected to see rapid growth in the next few years. It will grow to $127.53 billion in 2029 at a compound annual growth rate (CAGR) of 10.1%. The growth in the forecast period can be attributed to a rise in demand for improving productivity, industrialization, and manufacturing processes; rising demand in the food and beverage, pharmaceuticals, and cosmetics industries; growing awareness regarding supply chain integration; and a rising e-commerce industry. Major trends in the forecast period include innovation in packaging automation, technological advancements, customized packaging, demand for technological innovation, and the and the surge of robotics technologies.

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Who are the leading competitors in the packaging automation market?

Major companies operating in the packaging automation market are Siemens AG, Mitsubishi Electric Corporation, Schneider Electric SE, Honeywell International Inc., Jabil Inc., ABB Ltd., Toshiba Corporation, Emerson Electric Co., Rockwell Automation Inc., Bosch Rexroth AG, Omron Corporation, Krones AG, Daifuku Co. Ltd., Dematic Corporation, KUKA AG, YASKAWA Electric Corporation, ATS Corporation, BEUMER Group GmbH & Co. KG, ProMach Inc., Kollmorgen Corporation, ACTEGA GmbH, Essel Propack Ltd., CFT S.p.A, JLS Automation LLP, Automated Packaging Systems Inc

Which emerging trends are set to transform the packaging automation market landscape?

Major companies operating in the packaging automation market focus on automated packaging technologies for liquid products such as vertical form-fill-seal systems, to meet the growing demand for streamlined liquid packaging solutions in various industries. An automated vertical form-fill-seal system efficiently packages products by forming, filling, and sealing them within a single integrated process, streamlining production and ensuring consistent quality. For instance, in November 2023, Sealed Air Corporation, a US-based packaging company, launched a new automated packaging system for liquids called the CRYOVAC Brand 308A CE Vertical Form-Fill-Seal System. This system can accommodate packages weighing up to 2 kg in either one or two phases and has a vertical filling approach. The vertical pouch packaging has no headspace, resulting in superior quality and protection for the products, and the pouches are convenient to store, open, and dispose of while also offering cost-efficiency, lightweight design, resistance to damage, and preserving flavor and freshness.

How do different geographies compare in terms of market share and growth potential in the packaging automation market?

North America was the largest region in the packaging automation market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the packaging automation market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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Which major segments of the packaging automation market are experiencing the fastest growth?

The packaging automation market covered in this report is segmented –

1) By Offering: Solution, Services

2) By Automation Type: Robotic Pick And Place Automation, Secondary Packaging Automation, Tertiary And Palletizing Automation

3) By Industry Vertical: Healthcare And Pharmaceuticals, E-Commerce And Logistics, Food And Beverage, Automotive, Chemical And Refinery, Aerospace And Defense, Other Industry Verticals

Subsegments:

1) By Solution: Automated Packaging Systems, Robotic Packaging Solutions, Conveyor Systems, Labeling and Coding Systems, End-Of-Line Packaging Equipment, Packaging Software Solutions

2) By Services: Consulting Services, System Integration Services, Maintenance And Support Services, Training Services, Customization And Upgrades

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How is the packaging automation market defined?

Packaging automation refers to the use of automated machinery, equipment, and systems to streamline and optimize the packaging process in manufacturing and distribution operations. It involves the use of robotics, conveyors, sensors, and control systems to automate various tasks involved in packaging, such as filling, sealing, labeling, wrapping, and palletizing.

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