North America 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)

Code: TIPRE00026314 | Pages: 126 | Industry: Technology, Media and Telecommunications | Date: Dec 2021
Covid

Market Introduction

Packaging robots are the technologies used to automate the packaging operations across different industries such as consumer goods, consumer electronics, pharmaceuticals, e-commerce, food & beverage, chemicals, and personal care products sector. These robots are designed primarily for packaging operations such as material handling, moving or packing goods, sealing & labelling, and other tasks in order to sustain consistency, quality, and accuracy in packaging operations. There are primarily four different types of packaging robotic technologies used across different industries for packaging automation. This includes articulated robots, Cartesian robots, SCARA robots, and delta robots which are also called parallel link robots

 

Market Overview and Dynamics

The North America packaging robots market is expected to reach US$ 1,546.51 million by 2028 from US$ 851.10 million in 2021; it is estimated to grow at a CAGR of 8.91% from 2021 to 2028. Major factors driving the market growth are the rising demand for packaging robots from several industries and the growing demand for reducing the overall operational costs across the packaging sector. However, the high deployment cost of packaging robots hampers the market growth.

Growing customer demand for high-quality goods has resulted in advancements in manufacturing technology. The food and beverages, trucking and logistics, and fast-moving consumer goods (FMCG) businesses are focused on getting products to customers in a short time, which has boosted the use of robotic packaging. Packaging robots have been a great potential in the food & beverages industry. Food firms adopt vision-directed robotic arms, automated guided vehicles, delta robots, and advanced inspection systems to streamline and optimize their processes. Moreover, the perception among industries to substitute manual labor with automation is gaining traction. Automated robots do not get sick or slack off; they work faster than humans. Coupled with these factors, the on-job performance by the automated robot is always consistent, productive, and error-free. Therefore, their demand across the manufacturing industry is increasing. Additionally, due to the rapid growth of the e-commerce sector, picking and placement is the fastest-growing application. Picking robots are commonly used in the e-commerce industry for order fulfillment as picking items manually is a time consuming and costly procedure. Therefore, the high growth of the e-commerce industry across the region is another major factor propelling the growth of the picking and packaging robots. The e-commerce industry is expected to grow at a robust growth rate of ~20% over the next couple of years. Factors such as expanding internet and smartphone usage, increasing reliance on social media to promote e-commerce platforms, growing omni-channel business models, and the introduction of new payment mechanisms are all driving the e-commerce sector. Also, automation provides enormous growth prospects for businesses in the e-commerce industry. As a result, the packaging robot market would grow in tandem with the growing e-commerce industry in the coming years. Furthermore, the demand for and sale of industrial packaging robots is expected to increase as firms place a greater emphasis on precision, speed, and quality in supply chain activities. In addition, as the level of automation across a range of end-use industries grows, autonomous robots can construct a growth trend in developing countries. Lastly, practicality and innovation may open up new application zones, ushering in the 2.0 wave of the current phenomenon.

The continuous growth in the number of COVID-19 infected patients compelled governments to impose stringent lockdowns across countries during the first three quarters of 2020. The investments in the robotics industry experienced a sharp decline due to a disrupted supply chain. The manufacturing sector witnessed severe losses due to temporary factory shutdowns and low production volumes, which hindered the growth of the electronics & semiconductor, automotive, and retail sectors. Additionally, the social or physical distancing measures put limitations on the operations of logistics and other service providers. This disruption has propelled manufacturers to integrate automation solutions, including robots, to maintain robust supply chains amidst workforce shortages. However, companies are looking to invest in automation solutions as a part of their strategic plan owing to the favorable government policies to boost innovation and reinforce infrastructure capabilities. Despite the disruptions caused by the COVID-19 pandemic, the supply chain is likely to surge as a business is resumed after a long lockdown measure. By implementing the social distancing measures, the automotive, electronics & semiconductor, and other manufacturing industries have resumed their operations with less workforce capacity. North America has the highest acceptance and development rate of emerging technologies. The United States efforts to bring back a portion of its manufacturing from China will enable government and private sector investments in industrial infrastructure development. The trade war between China and the US is another critical factor that would fuel the developments across the region’s manufacturing sector for stable self-reliant economic systems.

 

Key Market Segments

Based on industry verticals, the North America packaging robots market is segmented into food & beverages, pharmaceuticals, consumer electronics, and others. The food & beverages segment held the largest market share in 2021. However, the pharmaceuticals segment is anticipated to register the highest CAGR during the forecast period.

Based on application, the North America packaging robots market is segmented into primary packaging, secondary packaging, and tertiary packaging. In 2021, the primary packaging segment held the largest market share. However, the secondary packaging segment is expected to register the highest CAGR from 2021 to 2028.

 

Major Sources and Companies Listed

ABB, Fanuc Corporation, and Krones AG are among the key players operating in the North America packaging robots market.

 

Reasons to buy the report

  • Determine prospective investment areas based on a detailed trend analysis of North America packaging robots market over the next years.
  • Gain an in-depth understanding of the underlying factors driving demand for different addictions therapeutics segments in the top spending countries and identify the opportunities offered by each of them.
  • Strengthen your knowledge of the market in terms of demand drivers, industry trends, and the latest technological developments, among others.
  • Identify the major channels driving the North America packaging robots market, providing a clear picture of future opportunities that will help analyze, resulting in revenue expansion.
  • Channelize resources by focusing on the ongoing programs undertaken by the different countries within the North America packaging robots market.

 

NORTH AMERICA PACKAGING ROBOTS MARKET SEGMENTATION

By Industry Verticals

  • Food & Beverages
  • Pharmaceuticals
  • Consumer Electronics
  • Others

By Application

  • Primary Packaging
  • Secondary Packaging
  • Tertiary Packaging

By Country

  • U.S
  • Canada
  • Mexico

Company profiles

  • ABB
  • Brenton, LLC
  • Fanuc Corporation
  • Krones AG
  • Kuka AG
  • Mitsubishi Electric Corporation
  • Remtec Automation, LLC
  • Syntegon Technology GmbH (Bosch Packaging Technology)
  • Schneider Electric SE
  • Yaskawa Electric Corporation

TABLE OF CONTENTS

1.           Introduction

1.1         Study Scope

1.2         The Insight Partners Research Report Guidance

1.3         Market Segmentation

2.           Key Takeaways

3.        Research Methodology

3.1         Coverage

3.2         Secondary Research

3.3         Primary Research

4.           Packaging Robots Market Landscape

4.1         Market Overview

4.2         PEST Analysis

4.3         Expert Opinions

5.           Packaging Robots Market – Key Market Dynamics

5.1         Market Drivers

5.1.1        Rising Demand for Packaging Robots from Several Industries

5.1.2        Growing Demand for Reducing the Overall Operation Costs Across Packaging Sector

5.2         Market Restraints

5.2.1        High Deployment Cost of Packaging Robots

5.3         Market Opportunities

5.3.1        Increased Demand for High Degree Automation

5.4         Future Trends

5.4.1        Intelligent Modernization and Adoption of Vision Sensor Technology

5.5         Impact Analysis of Drivers and Restraints

6.           Packaging Robots Market –North America Analysis

6.1         Packaging Robots Market North America Overview

6.2         Packaging Robots Market – North America Revenue and Forecast to 2028 (US$ Million)

7.           Packaging Robots Market Analysis – By Industry Verticals

7.1         Overview

7.2         Packaging Robots Market Breakdown, By Industry Verticals (2020 and 2028)

7.3         Food & Beverages

7.3.1        Overview

7.3.2        Food & Beverages: Packaging Robots Market Revenue and Forecast to 2028 (US$ Million)

7.4         Pharmaceuticals

7.4.1        Overview

7.4.2        Pharmaceuticals: Packaging Robots Market Revenue and Forecast to 2028 (US$ Million)

7.5         Consumer Electronics

7.5.1        Overview

7.5.2        Consumer Electronics: Packaging Robots Market Revenue and Forecast to 2028 (US$ Million)

7.6         Others

7.6.1        Overview

7.6.2        Others: Packaging Robots Market Revenue and Forecast to 2028 (US$ Million)

8.           Packaging Robots Market Analysis – By Application

8.1         Overview

8.2         Packaging Robots Market Breakdown, By Application (2020 and 2028)

8.3         Primary Packaging

8.3.1        Overview

8.3.2        Primary Packaging: Packaging Robots Market Revenue and Forecast to 2028 (US$ Million)

8.4         Secondary Packaging

8.4.1        Overview

8.4.2        Secondary Packaging: Packaging Robots Market Revenue and Forecast to 2028 (US$ Million)

8.5         Tertiary Packaging

8.5.1        Overview

8.5.2        Tertiary Packaging: Packaging Robots Market Revenue and Forecast to 2028 (US$ Million)

9.           Packaging Robots Market –North America Analysis

9.1         North America: Packaging Robots Market

9.1.1        North America: Packaging Robots Market – Revenue and Forecast to 2028 (US$ Million)

9.1.2        North America: Packaging Robots Market- by Industry Verticals

9.1.3        North America: Packaging Robots Market- By Application

9.1.4        North America: Packaging Robots Market- by Key Country

9.1.4.1          US: Packaging Robots Market – Revenue and Forecast to 2028 (US$ Million)

9.1.4.1.1          US: Packaging Robots Market- by Industry Verticals

9.1.4.1.2          US: Packaging Robots Market- By Application

9.1.4.2          Canada: Packaging Robots Market – Revenue and Forecast to 2028 (US$ Million)

9.1.4.2.1          Canada: Packaging Robots Market- by Industry Verticals

9.1.4.2.2          Canada: Packaging Robots Market- By Application

9.1.4.3          Mexico: Packaging Robots Market – Revenue and Forecast to 2028 (US$ Million)

9.1.4.3.1          Mexico: Packaging Robots Market- by Industry Verticals

9.1.4.3.2          Mexico: Packaging Robots Market- By Application

10.        Impact of COVID-19 Pandemic on North America Packaging Robots Market

10.1      North America

11.        North America Packaging Robots Market-Industry Landscape

11.1      Overview

11.2      Market Initiative

12.        Company Profiles

12.1      ABB

12.1.1     Key Facts

12.1.2     Business Description

12.1.3     Products and Services

12.1.4     Financial Overview

12.1.5     SWOT Analysis

12.1.6     Key Developments

12.2      Brenton, LLC

12.2.1     Key Facts

12.2.2     Business Description

12.2.3     Products and Services

12.2.4     Financial Overview

12.2.5     SWOT Analysis

12.2.6     Key Developments

12.3      Fanuc Corporation

12.3.1     Key Facts

12.3.2     Business Description

12.3.3     Products and Services

12.3.4     Financial Overview

12.3.5     SWOT Analysis

12.3.6     Key Developments

12.4      Krones AG

12.4.1     Key Facts

12.4.2     Business Description

12.4.3     Products and Services

12.4.4     Financial Overview

12.4.5     SWOT Analysis

12.4.6     Key Developments

12.5      Kuka AG

12.5.1     Key Facts

12.5.2     Business Description

12.5.3     Products and Services

12.5.4     Financial Overview

12.5.5     SWOT Analysis

12.5.6     Key Developments

12.6      Mitsubishi Electric Corporation

12.6.1     Key Facts

12.6.2     Business Description

12.6.3     Products and Services

12.6.4     Financial Overview

12.6.5     SWOT Analysis

12.6.6     Key Developments

12.7      Remtec Automation, LLC

12.7.1     Key Facts

12.7.2     Business Description

12.7.3     Products and Services

12.7.4     Financial Overview

12.7.5     SWOT Analysis

12.7.6     Key Developments

12.8      Syntegon Technology GmbH (Bosch Packaging Technology)

12.8.1     Key Facts

12.8.2     Business Description

12.8.3     Products and Services

12.8.4     Financial Overview

12.8.5     SWOT Analysis

12.8.6     Key Developments

12.9      Schneider Electric SE

12.9.1     Key Facts

12.9.2     Business Description

12.9.3     Products and Services

12.9.4     Financial Overview

12.9.5     SWOT Analysis

12.9.6     Key Developments

12.10   Yaskawa Electric Corporation

12.10.1  Key Facts

12.10.2  Business Description

12.10.3  Products and Services

12.10.4  Financial Overview

12.10.5  SWOT Analysis

12.10.6  Key Developments

13.        Appendix

13.1      About The Insight Partners

13.2      Word Index

 


LIST OF TABLES

Table 1.             North America: Packaging Robots Market- by Industry Verticals – Revenue and Forecast to 2028 (US$ Million)

Table 2.             North America: Packaging Robots Market- By Application – Revenue and Forecast to 2028 (US$ Million)

Table 3.             US: Packaging Robots Market- by Industry Verticals –Revenue and Forecast to 2028 (US$ Million)

Table 4.             US: Packaging Robots Market- By Application –Revenue and Forecast to 2028 (US$ Million)

Table 5.             Canada: Packaging Robots Market- by Industry Verticals –Revenue and Forecast to 2028 (US$ Million)

Table 6.             Canada: Packaging Robots Market- By Application –Revenue and Forecast to 2028 (US$ Million)

Table 7.             Mexico: Packaging Robots Market- by Industry Verticals –Revenue and Forecast to 2028 (US$ Million)

Table 8.             Mexico: Packaging Robots Market- By Application –Revenue and Forecast to 2028 (US$ Million)

Table 9.             List of Abbreviation

 


LIST OF FIGURES

Figure 1.           Packaging Robots Market Segmentation

Figure 2.           Packaging Robots Market Segmentation – By Country

Figure 3.           North America Packaging Robots Market Overview

Figure 4.           Food & Beverages Segment Held the Largest Market Share in 2020

Figure 5.           Primary Packaging Segment Held the Largest Market Share in 2020

Figure 6.           United States was the Largest Revenue Contributor in 2020

Figure 7.           PEST Analysis – North America

Figure 8.           Expert Opinions

Figure 9.           Packaging Robots Market: Impact Analysis of Drivers and Restraints

Figure 10.        North America Packaging Robots Market – Revenue and Forecast to 2028 (US$ Million)

Figure 11.        Packaging Robots Market Breakdown, By Industry Verticals (2020 and 2028)

Figure 12.        Food & Beverages: Packaging Robots Market Revenue and Forecast to 2028 (US$ Million)

Figure 13.        Pharmaceuticals: Packaging Robots Market Revenue and Forecast to 2028 (US$ Million)

Figure 14.        Consumer Electronics: Packaging Robots Market Revenue and Forecast to 2028 (US$ Million)

Figure 15.        Others: Packaging Robots Market Revenue and Forecast to 2028 (US$ Million)

Figure 16.        Packaging Robots Market Breakdown, By Application (2020 and 2028)

Figure 17.        Primary Packaging: Packaging Robots Market Revenue and Forecast to 2028 (US$ Million)

Figure 18.        Secondary Packaging: Packaging Robots Market Revenue and Forecast to 2028 (US$ Million)

Figure 19.        Tertiary Packaging: Packaging Robots Market Revenue and Forecast to 2028 (US$ Million)

Figure 20.        North America: Packaging Robots Market – Revenue and Forecast to 2028 (US$ Million)

Figure 21.        North America: Packaging Robots Market Revenue Share, by Industry Verticals (2020 and 2028)

Figure 22.        North America: Packaging Robots Market Revenue Share, By Application (2020 and 2028)

Figure 23.        North America: Packaging Robots Market Revenue Share, by Key Country (2020 and 2028)

Figure 24.        US: Packaging Robots Market – Revenue and Forecast to 2028 (US$ Million)

Figure 25.        Canada: Packaging Robots Market – Revenue and Forecast to 2028 (US$ Million)

Figure 26.        Mexico: Packaging Robots Market – Revenue and Forecast to 2028 (US$ Million)

Figure 27.          Impact of COVID-19 Pandemic in North America Country Markets
  1. ABB
  2. Brenton, LLC
  3. Fanuc Corporation
  4. Krones AG
  5. Kuka AG
  6. Mitsubishi Electric Corporation
  7. Remtec Automation, LLC
  8. Syntegon Technology GmbH (Bosch Packaging Technology)
  9. Schneider Electric SE
  10. Yaskawa Electric Corporation
  • Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the North America packaging robots market.
  • Highlights key business priorities in order to assist companies to realign their business strategies.
  • The key findings and recommendations highlight crucial progressive industry trends in the North America packaging robots market, thereby allowing players across the value chain to develop effective long-term strategies.
  • Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
  • Scrutinize in-depth market trends and outlook coupled with the factors driving the market, as well as those hindering it.
  • Enhance the decision-making process by understanding the strategies that underpin security interest with respect to client products, segmentation, pricing and distribution.
Report Code
Full Name
Country Name
Email Id
Phone Number
Job Title
Company
Requirement

Note : Your data will never be shared with third parties, however, we may send you information from time to time about our products that may be of interest to you. By submitting your details, you agree to be contacted by us. You may contact us at any time to opt-out.


Related Tags North America Packaging Robots Market North America Packaging Robots Market Research North America Packaging Robots Market Insight North America Packaging Robots Market Trends North America Packaging Robots Market Forecast North America Packaging Robots Market Share North America Packaging Robots Market 2028 North America Packaging Robots Market Growth North America Packaging Robots Industry Sector North America Packaging Robots PDF Report North America Packaging Robots Analysis North America Packaging Robots Research Competitive Analysis

Purchase Options
Single User License
$3000
Site License
$4000
Enterprise License
$5000