Global Palletizing Robots Market is valued at approximately USD 1.13 billion in 2021 and is anticipated to grow with a healthy growth rate of more than 14.8% over the forecast period 2022-2028. Palletizing is a demanding application of stacking boxes, bags, cases, bottles, and cartons onto pallets as the last step in the assembly line before being loaded onto a shipping truck. Furthermore, the market is receiving a huge boost due to the major technological advancements in this field. Because palletizing robots can accomplish the task efficiently and quickly, there is a compelling need to move completed items to market in an efficient manner. Palletizing robots are being used by the majority of industrial units in order to attain higher production rates. Furthermore, the market growth is driven by changing requirements of the packaging industry and growing end-user industries. According to Statista, In India, the food and beverage industry accounted for over 40% of the country's consumer packaged products industry. In 2020, the food and beverage business in the United States is expected to be worth roughly USD 46 billion. Also, by 2025, the global market for flexible packaging is expected to be worth roughly USD 56.3 billion. Five years prior to that, this sum was estimated to stand at around 42.64 billion U.S. dollars. Moreover, technological advancements create lucrative opportunities in the market. However, high operational costs impede the growth of the market over the forecast period of 2022-2028.

The geographical regions considered for the global Palletizing Robots market analysis include Asia Pacific, North America, Europe, Latin America and Rest of the World. Asia Pacific led the market and is estimated to be the fastest growing region in the upcoming years owing to the growing adoption of advanced technologies such as automation and robotics.

Major market players included in this report are:

ABB Limited

Mitsubishi Electric Corporation

FANUC Corporation

Brenton, LLC.

Remtec Automation, LLC

KUKA AG

Krones AG

Kawasaki Heavy Industries, Ltd.,

DAN-Palletiser AS

Yaskawa Electric Corporation

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Machine Type:

Case Palletizing

Bag Palletizing

De-palletizing

By End-Use Type:

Food & Beverages

Pharmaceutical

Consumer Products

Tracking and Logistics

Industrial Packaging

By Region:

North America

U.S.

Canada

Europe

UK

Germany

France

Spain

Italy

ROE

Asia Pacific

China

India

Japan

Australia

South Korea

RoAPAC

Latin America

Brazil

Mexico

Rest of the World

Furthermore, years considered for the study are as follows:

Historical year - 2018, 2019, 2020

Base year - 2021

Forecast period - 2022 to 2028

Target Audience of the Global Palletizing Robots Market in Market Study:

Key Consulting Companies & Advisors

Large, medium-sized, and small enterprises

Venture capitalists

Value-Added Resellers (VARs)

Third-party knowledge providers

Investment bankers

Investors