The global packaging robots market is expected to grow at a significant rate due to the increasing demand for automation in packaging processes, especially in the food and beverage and pharmaceutical industries. The rising labour costs and the need for higher efficiency and accuracy in packaging operations are driving the market growth. Technological advancements in robotics, such as collaborative robots and machine learning, are also contributing to the market growth. However, high initial investment costs and the lack of skilled workforce to operate and maintain the packaging robots may hinder the market growth. The Asia-Pacific region is expected to witness the highest growth due to the increasing industrialization and the rising adoption of automation in the region.
The global Packaging Robots Market was valued for US$ 4,796.0 Mn in 2021 is expected to exhibit a CAGR of 11.8% during the forecast period.
Prominent Companies in the Packaging Robots Industry:
1. Mitsubishi Electric Corporation
Mitsubishi Electric Corporation is a Japanese multinational electronics and electrical equipment company founded in 1921. The company is headquartered in Tokyo, Japan, and operates in over 40 countries worldwide. Mitsubishi Electric offers a wide range of products and services, including industrial automation, air conditioning systems, power systems, and home appliances. In February, 2023 Mitsubishi Electric Corporation announced that it entered into a share transfer agreement on February 16 to wholly acquire Scibreak AB, a Swedish-based company that develops direct current circuit breakers (DCCBs).
2. Remtec Automation, LLC
Remtec Automation, LLC is a leading provider of robotic automation systems, founded in 1981. The company is based in Ohio, USA, and operates in the United States and Canada. Remtec Automation specializes in designing and building custom robotic solutions for a variety of industries, including automotive, food and beverage, and consumer goods.
3. Bosch Packaging Technology
Bosch Packaging Technology is a division of Robert Bosch GmbH, a German multinational engineering and technology company. The packaging technology division was founded in 1974 and is headquartered in Waiblingen, Germany. The company operates in over 15 countries worldwide and offers a wide range of packaging solutions for the food, pharmaceutical, and confectionery industries.
4. Schneider Electric SE
Schneider Electric SE is a French multinational corporation specializing in energy management and automation solutions. The company was founded in 1836 and is headquartered in Rueil-Malmaison, France. Schneider Electric operates in over 100 countries worldwide and offers a wide range of products and services, including electrical distribution, automation, and renewable energy solutions. In December, 2022 Schneider Electric, the global leader in the digital transformation of energy management and automation, announced the launch of AltivarTM Soft Starter ATS480 in the Indian market.
5. KUKA Roboter GmbH
KUKA Roboter GmbH is a German manufacturer of industrial robots and automation solutions. The company was founded in 1898 and is headquartered in Augsburg, Germany. KUKA operates in over 30 countries worldwide and offers a wide range of products and services, including industrial robots, automated production lines, and mobile robots for logistics and healthcare.
6. Brenton LLC
Brenton LLC is a subsidiary of ProMach, Inc., a leading provider of packaging and processing solutions. Brenton was founded in 1984 and is based in Minnesota, USA. The company operates in the United States and Canada and specializes in designing and building custom end-of-line packaging solutions for a variety of industries, including food and beverage, pharmaceuticals, and personal care products.
7. FANUC Corporation
FANUC Corporation is a Japanese manufacturer of industrial robots, CNC systems, and factory automation solutions. The company was founded in 1956 and is headquartered in Yamanashi, Japan. FANUC operates in over 45 countries worldwide and offers a wide range of products and services, including industrial robots, CNC systems, and factory automation solutions.
8. Krones AG
Krones AG is a German manufacturer of packaging and bottling machines, founded in 1951. The company is headquartered in Neutraubling, Germany, and operates in over 100 countries worldwide. Krones offers a wide range of products and services, including filling and packaging systems, process technology, and intralogistics solutions.
9. Yaskawa Electric Corporation
Yaskawa Electric Corporation is a Japanese manufacturer of industrial robots, motion control systems, and AC drives. The company was founded in 1915 and is headquartered in Kitakyushu, Japan. Yaskawa operates in over 30 countries worldwide and offers a wide range of products and services, including industrial robots, motion control systems, and AC drives. In August, 2022 YASKAWA Electric Corporation announces the launch of a new lineup of MOTOMAN-HC30PL (30 kg payload capacity, 1600 mm reach), a model to palletizing applications such as cardboard, for the human collaboration robot series that has been developed with 10 kg and 20 kg payload capacity.
10. ABB Ltd.
ABB Ltd. is a Swiss-Swedish multinational corporation specializing in power and automation technologies. The company was founded in 1988 and is headquartered in Zurich, Switzerland. ABB operates in over 100 countries worldwide and offers a wide range of products and services, including power grids, electrification products, and industrial automation solutions. In March, 2023 ABB India automates first India-Bangladesh cross-border oil pipeline
*Definition- Packaging robots are industrial robots designed for automated packaging processes in various industries. They perform tasks such as picking, placing, and packaging products, improving efficiency and accuracy while reducing labour costs.
