The market for palletizers is anticipated to reach USD 3.4 billion by 2028 and is valued at USD 2.6 billion in 2022, growing at a CAGR of 4.7% from 2013 to 2021. The market for palletizers will grow at the fastest rate, with the top players controlling between 30% and 35% of it. By 2028, it is anticipated that the market for robotic palletizers would be worth US$ 1.9 billion. During the projected period, the product type segment for bags and sacks is anticipated to expand quickly at a 6.8% CAGR.
According to a report by FMI, the market for palletizers would grow by 1.4 times during the projection period, creating profitable investment prospects for producers.
The global palletizer market is experiencing
vital growth and can rise significantly in the next few years. A palletizer is a machine used to collect merchandises on a pallet. It is designed and manufactured to align, organize, and pack different products on a pallet for freight forwarding.
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Its implementation depends on the requirements of end users. A palletizer helps in automatic sorting, stacking, and transferring of merchandise onto pallets, typically at the end of the production of convenience products globally. Furthermore, the application of palletizers is diverse within the food & beverage industry. Thus, due to the increasing diversity and application of the palletizer, manufacturers are innovating to enhance its practicality and even exploit technologies such as the human machine interface (HMI).
Market Trends
- The food & beverage industry has continuously been a key contributor enhancing the revenue of palletizers. As the competition between distributors continues to accentuate and government regulations become more stringent, the retailer demands continue to increase. Thus, the requirement for palletizing robots has never been more imperative for achievement in the food and beverage industry.
- The palletizer market is considering all trends and innovations that are happening globally. For instance, with the food process industry implementing selective compliance assembly robot arms and the manufacturing industry contributing to the decrease in energy costs, it can be concluded that the market is braced for advancements in packaging machinery in the near future.
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.
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Key Companies Profiled
- Premier Tech (PT)
- ABB Ltd.
- FANUC CORPORATION
- KUKA AG
- Honeywell International Inc.
- Kion Group AG
- Okura Yusoki Co., Ltd.
- Columbia Machine, Inc.
- Fuji Yusoki Kogyo Co., Ltd.
- CONCETTI S.p.A.
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
Table of Content
1. Executive Summary
1.1. Global Market Analysis
1.2. Global Market Outlook
1.3. Analysis and Recommendations
2. Market Introduction
2.1. Market Definition
2.2. Market Coverage
3. Key Market Trends
3.1. Key Trends Impacting the Market
3.2. Product Innovation
4. Key Success Factors
[06-01 15:34] Shilpa Banerjee
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