Report : Middle East and Africa Packaging Robots Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Industry Verticals (Food & Beverages, Pharmaceuticals, Consumer Electronics, and Others) and Application (Primary Packaging, Secondary Packaging, and Tertiary Packaging)
The food & beverages segment by industry verticals is estimated to lead the market growth during the forecast period.
According to a new market research study of “Middle East and Africa Forecast to 2028 - COVID-19 Impact and Regional Analysis by Industry Verticals, Application, and Country.” The Middle East and Africa packaging robots market is expected to reach US$ 613.90 million by 2028 from US$ 312.21 million in 2021; it is estimated to grow at a CAGR of 10.14% from 2021 to 2028. The report highlights trends prevailing in the Middle East and Africa packaging robots market and the factors driving market along with those that act as hindrances
Packaging methods for consumer-packaged goods must be precise and repeatable. Companies that use robotics in their packaging lines can improve throughput, efficiency, and quality. Individual packaging at high-cycle rates might be difficult. Robotics has proven to have a high return on investment in a variety of applications, including raw product handling, primary packaging, secondary packaging, and palletizing. Moreover, product branding and packaging are critical for producers to be competitive in today's market. Packaging, brand name, content, and pricing all influence customers' purchase patterns. Also, counterfeit items are a common problem for manufacturers in the food and beverage, pharmaceutical, and FMCG industries. Packaging robots are reliable and give high-quality branding information via labelling. After products are packaged, a unique identification code is generated, which aids in product tracking along the supply chain. Moreover, the main benefit of robotics in packaging sector is that they offer no doubt in flexibility. Line machinists can adjust the contour of a case or pallet load with the push of a button. This highlights the flexibility needed to satisfy trade customers that need more and more tailored cargoes, while not losing the accompanying speed. Furthermore, robotic packaging systems such as pick-and-place robots are equipped with slim arms and a wide reach, as well as solid repeatability and precision tooling, enabling them to be exceedingly precise and accurate. Because of their high precision, they're a good fit for a variety of packaging and supply chain tasks. Lastly, Product quality and cycle time can both be improved using robot packaging equipment. Because robotic actions are regulated, their consequences are always consistent, which enhances packing quality. The packaging procedures can run smoothly because of this consistency.
Middle East is one of the regions with several economies still in the nascent stage of technological adoption and developments. The COVID-19 pandemic is likely to accelerate the infrastructural developments in the region to keep businesses stable and profitable by optimizing production lines. However, the growth outlook for the region is neutral and depends on the government and private sector initiatives and investments. Due to the pandemic, Saudi Arabia, the UAE, Egypt, Morocco, and Kuwait are the main countries facing economic setbacks. The financial implications of the COVID-19 pandemic in these countries can push their developments backward and make them economically unstable for the long term.
Based on industry verticals, the Middle East and Africa packaging robots market is segmented into food & beverages, pharmaceuticals, consumer electronics, and others. Based on application, the Middle East and Africa packaging robots market is segmented into primary packaging, secondary packaging, and tertiary packaging. Geographically, the Middle East and Africa packaging robots market can be segmented into UAE, Saudi Arabia, South Africa and Rest of Middle East and Africa.
ABB, Fanuc Corporation. Krones AG, Kuka AG, Mitsubishi Electric Corporation, Syntegon Technology GmbH (Bosch Packaging Technology), Schneider Electric SE, Yaskawa Electric Corporation are among the leading companies operating in the Middle East and Africa packaging robots market.
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