Packaging Robot Market - By Gripper Type (Claw, Vacuum, Clamp), By Application (Pick & Place, Packing, Palletizing), By End Use (Food & Beverage, Pharmaceutical, Consumer Product, Logistics), Forecast, 2023 - 2032

Packaging Robot Market - By Gripper Type (Claw, Vacuum, Clamp), By Application (Pick & Place, Packing, Palletizing), By End Use (Food & Beverage, Pharmaceutical, Consumer Product, Logistics), Forecast, 2023 - 2032

Global Packaging Robot Market size will expand at a decent CAGR from 2023 to 2032. Recent advancements in packaging robots are working in favor of industry growth. Collaborative robots, or cobots, are now getting designed to work alongside humans in a shared workspace, enhancing flexibility and productivity. These robots are equipped with sensors and safety features that allow them to operate safely close to humans. Cobots in packaging applications can assist with tasks such as picking, sorting, and packaging items, working collaboratively with human operators to improve overall efficiency.
The overall packaging robot market is divided based on the gripper, application, end-use, and region.
Based on gripper, the market size from the claw segment reached over USD 1.2 billion in 2022. The cost-effectiveness of claw grippers over other counterparts favors their adoption. They are designed with safety features to prevent damage to the objects being handled. Soft or compliant materials on the gripper fingers can minimize the risk of crushing or damaging delicate packaging materials or products. Additionally, they can securely grip objects and release them rapidly, contributing to faster production rates and increased throughput.
Based on application, the packaging robot market share from the pick & place segment will expand notably through 2032. High accuracy and precision of packaging robots have increased their demand in pick & place applications. They can consistently and reliably pick and place items with minimal errors, reducing the likelihood of damaged or misplaced products. They can also handle high-volume operations, allowing for increased production capacity when required. Many packaging robots come equipped with advanced sensors and software that allow for data collection and integration with other systems, assisting pick & place operations.
With respect to end-use, packaging robot market value from the pharmaceutical segment will register significant gains through 2032. Growing demand for proper collation, labeling, and capping in the pharmaceutical sector has increased the demand for packaging robots. These robots can be programmed and configured to handle a wide range of medication packaging requirements. They can handle various types and sizes of containers, adapt to different packaging formats, and accommodate different medication dosages. This flexibility helps pharmaceutical companies efficiently pack different drugs and adjust production based on demand.
Regionally, Asia Pacific packaging robot market share will grow at 12% CAGR from 2023 to 2032. Rapid industrialization coupled with advancements in industrial equipment has increased the adoption of packaging robots in the region. Moreover, Asia Pacific is also home to industry giants such as Mitsubishi Electric Corporation, Yaskawa Electric Corporation, and others who constantly invest in product innovations. Regional expansion can also be credited to the expanding manufacturing sector.