Asia Pacific Robotic Palletizer Market Size, Share & Trends Analysis Report By Robot Type, By Component, By Application (Boxes & Cases, Pails & Drums, Bags, and Others), By End-Use, By Country and Growth Forecast, 2024 - 2031
The Asia Pacific Robotic Palletizer Market would witness market growth of 7.1% CAGR during the forecast period (2024-2031).
The China market dominated the Asia Pacific Robotic Palletizer Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $183.6 million by 2031. The Japan market is registering a CAGR of 6.4% during (2024 - 2031). Additionally, The India market would showcase a CAGR of 7.7% during (2024 - 2031).
Robotic palletizers find applications across various industries and scenarios, showcasing their versatility and adaptability to various environments. Some of the key applications of these palletizers include. For example, these palletizers are extensively used in the food and beverage industry for palletizing packaged goods such as bottles, cans, cartons, pouches, and bags. They ensure efficient handling of products in various formats and packaging sizes, including those with fragile or irregular shapes. These palletizers help food and beverage manufacturers optimize production processes, improve inventory management, and meet stringent hygiene standards.
In the pharmaceutical and healthcare sector, these palletizers are crucial in precisely and compliantly palletizing medications, medical supplies, and pharmaceutical products. They ensure the safe handling and stacking of sensitive products, such as vials, ampoules, blister packs, and medical devices, while adhering to strict regulatory requirements for product integrity and traceability.
As the cosmetics industry in Korea continues to grow, there is a corresponding increase in production volumes of cosmetic products such as skincare, makeup, and personal care items. These palletizers offer automation solutions that help cosmetics manufacturers handle large volumes of products efficiently, optimize production processes, and streamline packaging operations. According to the International Trade Administration (ITA), for 2021, the total value of cosmetics produced in South Korea was $14.5 billion, and cosmetics exports hit a record high, growing 21.3 per cent from the previous year to $9.2 billion. South Korea’s trade surplus in the cosmetics sector grew by 28.6 per cent to $7.8 billion. Likewise, as the logistics sector in India continues to expand rapidly, there is a corresponding increase in the volume of goods being handled and the need for efficient warehouse operations. As per the National Investment Promotion & Facilitation Agency, to boost the ease of doing business and enhance the livability quotient, the Indian government launched the National Logistics Policy (NLP) on 17th September 2022. Furthermore, the sector will develop at a growth rate of 10.5 per cent through 2025 after growing at 7.8 per cent over the past five years. Therefore, the increasing cosmetics industry and expansion of the logistics sector in the region are driving the market’s growth.
Based on Robot Type, the market is segmented into Traditional Robot, and Collaborative Robot. Based on Component, the market is segmented into Robotic Arm, End-of-Arm Tooling (EOAT), Control System, and Others. Based on Application, the market is segmented into Boxes & Cases, Pails & Drums, Bags, and Others. Based on End-Use, the market is segmented into Food & Beverages, Chemical, E-Commerce & Logistics, Pharmaceutical, Cosmetic & Personal Care, and Others. Based on countries, the market is segmented into China, Japan, India, South Korea, Australia, Malaysia, and Rest of Asia Pacific.
List of Key Companies Profiled
- FANUC Corporation
- Kuka AG (Midea Group Co., Ltd.)
- ABB Ltd.
- Krones AG
- Schneider Packaging Equipment Company, Inc. (Pacteon Group)
- Honeywell International Inc
- Kaufman Engineered Systems
- Concetti S.p.A.
- Brenton, LLC (Pro Mach, Inc.)
- Rothe Packtech Pvt. Ltd.
- KION GROUP AG
Asia Pacific Robotic Palletizer Market Report Segmentation
By Robot Type
- Traditional Robot
- Collaborative Robot
By Component
- Robotic Arm
- End-of-Arm Tooling (EOAT)
- Control System
- Others
By Application
- Boxes & Cases
- Pails & Drums
- Bags
- Others
By End Use
- Food & Beverages
- Chemical
- E-Commerce & Logistics
- Pharmaceutical
- Cosmetic & Personal Care
- Others
By Country
- China
- Japan
- India
- South Korea
- Australia
- Malaysia
- Rest of Asia Pacific