With escalating need for reducing packaging as well as labor costs, packaging automation is fast becoming the catch phrase of the twenty-first century. Packaging automation helps in minimizing goods damage caused during material handling process. Reportedly, the rampant application of automation across the packaging sector is predicted to enhance the work efficiency of the laborers, increase packaging quality, and reduce storage & packaging costs.
Rising safety concerns among the manufacturers operating across healthcare and food & beverages sectors in developing countries is likely to impel packaging automation market trends. Manufacturers use packaging automation to deliver more goods in minimal time. A rapid advancement in the packaging sector, including innovative printing technologies, robotics, smart packaging, machinery, and automation architecture is likely to accelerate the growth momentum of global packaging automation market.
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A paradigm shift from conventional palletizers to hybrid palletizers witnessed across the food & beverages sector is forecast to assist the growth of packaging automation market. Integration of Big Data, model-based engineering, and smart maintenance are likely to boost the application scope of the product. Rising need for implementation of just-in-time strategy and effective supply chain activities is likely to bolster the market development.
Growing preference for shelf service marketing leading to proficient & time-saving packaging procedures is anticipated to succor the scope of global packaging automation market in the years to come. Rapid globalization and large adoption of ecommerce activities has led to cumulative expansion of B2B and B2C business. This, in turn, is projected to swell the demand for packaging automated solutions over the coming years.
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The inception of new technologies such as 3D printing, IoT, and AI will further elevate the expansion of packaging automation industry over the span of few years. Increasing need for fast & timely delivery of the packaged goods from the manufacturing base to the destination is likely to boost product popularity, thereby leading to the upsurge in the sales as well as revenue of packaging automation products.