Global Packaging Automation Solution Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017 – 2022
Being a B2B, B2C or C2C scenario, the product aesthetics matters
as much as the product itself. Aesthetics necessarily would include product
appeal with packaging, boxing, and un-boxing time-spans of the product, also
constituting an important measure for initiating an overall attraction of the
product and product’s success is a great marker to it. From a consumer goods manufacturer’s point of
view, time-span between packing of the product and unpacking should be swiftly
done in order for sale to proceed smoothly and business success depends on this
time-bound formula. Growing demand to adopt a smooth and seamless product
packaging has enhanced the global packaging market from being a staid packaging
solution market into a more prolific packaging automation solution market.
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The driver to the packaging automation solution market is the
quality conscious end-user and packing is not anymore a matter of choice that
needs to be dealt with but more an important parameter that needs a lot of
deliberation and equal inspection with product in concern. This increases the
need for automation. The competition present in the industry is self-effacing
and has an adverse impact on companies not willing to adopt good packaging
practices. Automation has taken over from manual process and now completely
obliterated the manual process.
Mundane processes like palletizing, labeling,
bagging, capping have come under the purview of automation function. Different
product categories like pharmaceuticals, beverages, personal care, and even
warehouses use automated solutions in the packing industry. The bottom-line is
that operating costs have been reduced and businesses have been streamlined
adding to the success of packing automation solution market.
Restraints in the market could include impractical costs of
installation of the automation plant. High maintenance costs also are an
impediment to growth of the market. Segmentation by automation comprises
filling, labeling, horizontal /vertical pillowcase, bagging, palletizing,
capping, wrapping and others. By business, the Packaging Automation Market includes B2Be-commerce retailers,
B2C e-commerce retailers, Omni channel retailers, wholesale distributors,
manufacturers, personal document shippers and others. Based on end-use, market
is segmented into food and beverages, pharmaceuticals, chemical, warehouse,
consumer goods and others. Inclusive growth in personal care, food and
beverages industry is instruments of growth for packaging automation solution
market. Asia Pacific with an emphasis on food and beverages industry has
established itself as a growing market for automation in packaging industry.
Europe is a saturated market and hence slow pace of growth is
predicted. North America is expected to grow at a moderate pace owing to
government initiatives in shoring up marketing facilities in the region.
Increased presence of e-commerce set-ups and a prominent food packaging
industry have endorsed market presence for North America in packaging
automation solution market. A news article as of May 2016 suggests that
technology has finally arrived and next generation packing involves
traceability to monitor packages arriving at a specified location by inclusive
techniques such as intelligent packaging, active packaging and modified
atmosphere packing with sensors, RFID tags in well-knit operation. Key
industries in this field include ABB, Mitsubishi, Schneider Electric, Rockwell
Automation, and Swisslog.
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