Over the course of the assessment period, the palletizers market is predicted to expand at a strong 4.7% CAGR, reaching USD 2.6 billion in 2022.
Palletizers are a highly productive material handling solution, and according to Future Market Insights’ most recent market report, “Palletizers Market: Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2022-2028,” they are expected to be the market’s primary growth driver from 2022 to 2028.
It is anticipated that the developed markets for palletizers in North America and Western Europe would account for about 40% of the global market and will gradually grow over the next years. The adoption of technological innovation is very rapid in North America and Western Europe, two industrialised regions.
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As a result, robotic palletizers with cutting-edge technology are in higher demand in this area than the national average. There are numerous palletizer producers alone in these regions. The market for palletizers in North America and Western Europe has been driven by continued advancements in robotic palletizers and end-user sectors that want the highest level of automation, despite the fact that the growth of manufacturing production in these nations has slowed.
Despite being the largest market for robotics and palletizers in the world, China has a lower than average density of industrial robots. The market for palletizers in the country has grown significantly as a result of the proliferation of manufacturing and storage facilities and a huge local production of cost-effective palletizers.
Japan is demonstrated to have characteristics in common with North America and Western Europe, such as a maturing palletizer market share and swift technological uptake. Numerous of the leading robotics firms in the world, including as Fanuc, Kuka, and manufacturers of palletizers, are based in Japan.
The market volume for global palletizers is expected to expand at 1.6X over the forecast period 2022-2028
Detailed profiles of palletizers companies are also included in the report to evaluate their strategies, key product offerings and recent developments. The key players of the global palletizers market are Premier Tech Chronos Ltd., ABB Ltd., FANUC Corp., Kion Group, Kuka Group, Honeywell International Inc., Okura Yusoki Co., Ltd., Columbia Machine, Inc., Fuji Yusoki Kogyo Co., Ltd. and Concetti S.P.A.
In global palletizers market report, we have discussed individual strategies followed by these companies in terms of enhancing their product portfolio, creating new marketing techniques, mergers and acquisitions. The ‘Competitive Landscape’ section is included to provide report audiences with a dashboard view and company share collectively.
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Competitive Landscape
The key manufacturers operating in the palletizers market are trying to focus on innovative product launch, expansion due to the increasing demand from the food, beverage and pharmaceutical sectors.
- In January 2021, CONCETTI S.p.A. launched a new LAMPO palletizer and expanded its range with a high-speed automatic palletizer. This palletizer reaches up to 1800 bags per hour.
- On 2 Sep 2021, Quest Industrial launched the new standard version of Box Bot C-2825, a space-saving robotic palletizer to design and produce pallet patterns easily and quickly from bags to boxes.
Country-wise Insights:
According to FMI, The U.S. is anticipated to hold around ~93% of the market share in North American till the year 2028. According to Association For Advancing Automation, the need for automation is continuing to grow due to the rise of online shopping, labor shortage requires more assistance from technological solutions
India is estimated to hold a promising CAGR of 7.8% in Asia Pacific during the forecast period. According to the All India Council for Robotics & Automation, robotics and automation is the key technology that has made a significant contribution to the GDP and it will generate more opportunities in the country.
Market Benefits
1.The study provides an in-depth analysis of the global palletizers market along with the current trends and future estimations to elucidate the imminent investment pockets.
2.The key market players along with their strategies are thoroughly analyzed to understand the competitive outlook of the industry.
3.An extensive analysis of the market based on application assists in understanding the trends in the industry.
4.The report presents a quantitative analysis of the market from 2022 to 2028 to enable stakeholders to capitalize on the prevailing market opportunities.
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Palletizers Market by Category
By machine type, palletizers market is segmented as:
- Conventional Palletizers
- Low-level
- High-level
- Robotic Palletizers
- Anthromorphic
- Gantry
By product type, palletizers market is segmented as:
- Cases & Boxes
- Bags & Sacks
- Pails & Drums
- Trays & Crates
- Bundles
By end-user industry, palletizers market is segmented as:
- Food
- Beverage
- Pharmaceutical
- Cosmetics
- Chemical
- Building & Construction
- Others
By region, palletizers market is segmented as:
- North America
- Latin America
- Western Europe
- Eastern Europe
- APEJ
- Japan
- Middle East & Africa
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