Robotic Palletizer Market by Component (Robotic Arm, End-of-Arm Tooling, Control System), Robot Type (Traditional Robots, Collaborative Robots), Application (Bags, Boxes & Cases, Pails & Drums), End-use Industry and Region - Global Forecast to 2029
The robotic palletizer market is projected to grow from USD 1.4 billion in 2024 and is expected to reach USD 1.9 billion by 2029, growing at a CAGR of 5.9% from 2024 to 2029. Modern robotic palletizing systems are highly adaptable and can be reprogrammed to handle different products, sizes, and packaging types. This flexibility allows manufacturers to respond quickly to market changes without significant downtime or additional costs associated with retooling or retraining employees.
“The Boxes and cases segment in the robotic palletizer market to witness highest growth rate during the forecast period.”
Boxes & cases come in a vast array of shapes, sizes, and materials, making them suitable for a wide range of products, due to which they are used for packaging consumer goods such as packaged foods, beverages, household products, and personal care items. Robotic palletizers are employed to palletize boxes and cases of finished products. These systems ensure consistent stacking patterns, optimize pallet density, and facilitate efficient storage and transportation. Boxes & cases are expected to hold the largest market share during the forecast period.
“Market for traditional robots in the robotic palletizer market to hold the largest market share during the forecast period.”
Traditional robots are advanced automation systems designed to perform various manufacturing tasks with precision, speed, and reliability. These robots are widely used across industries to automate repetitive, labor-intensive, and hazardous tasks, enhancing productivity, efficiency, and safety in manufacturing processes. Industrial robots come in various types and configurations, each tailored to specific applications and operational requirements
“The US is expected to hold the largest market size in the North American region during the forecast period.”
The US accounted for the largest share of the North American robotic palletizer market in 2023, and a similar trend is expected to be witnessed during the forecast period. The US manufacturing sector consists of the electronics, chemical, automotive, petroleum, consumer goods, and food processing industries, which are all growing rapidly. This growth has led to an increased demand for palletizers, especially with the rise of e-commerce and the retail sector. The likes of Amazon, Walmart, and Target invest heavily in robotic palletizing technology for efficient product handling in their fulfillment centers.
By Company Type: Tier 1 – 40%, Tier 2 – 35%, and Tier 3 – 25%
By Designation: C-level Executives – 48%, Directors –33%, and Others – 19%
By Region: North America –35%, Europe – 18%, Asia Pacific– 40%, and RoW – 7%
The report profiles key players in the robotic palletizer market with their respective market ranking analysis. Prominent players profiled in this report include FANUC CORPORATION (Japan), KION GROUP AG (Germany), KUKA AG (Germany), ABB (Switzerland), and Krones AG (Germany). Schneider Packaging Equipment Company, Inc. (US), Honeywell International Inc. (US), Kaufman Engineered Systems (US), Concetti S.p.A. (Italy), Sidel (France), Brenton, LLC. (US), A-B-C Packaging Machine Corporation (US), Antenna Group (Italy), BEUMER GROUP (Germany), Brillopak (UK), BW Integrated Systems (US), Columbia Machine, Inc. (US), Euroimpianti S.p.A. (Italy), Fuji Yusoki Kogyo Co., Ltd. (Japan), HAVER & BOECKER OHG (Germany), KHS Group (Germany), MMCI (US), Okura Yusoki Co., Ltd. (Japan), Rothe Packtech Pvt. Ltd. (India), and S&R Robot Systems, LLC. (US) are among a few other key companies in the robotic palletizer market.
Report Coverage
The report defines, describes, and forecasts the robotic palletizer market based on component, robot type, application, end-use industry and region. It provides detailed information regarding drivers, restraints, opportunities, and challenges influencing the growth of the robotic palletizer market. It also analyzes competitive developments such as product launches, acquisitions, expansions, and actions carried out by the key players to grow in the market.
Reasons to Buy This Report
The report will help the market leaders/new entrants in the market with information on the closest approximations of the revenue for the overall robotic palletizer market and the subsegments. The report will help stakeholders understand the competitive landscape and gain more insight to position their business better and plan suitable go-to-market strategies. The report also helps stakeholders understand the pulse of the market and provides them with information on key drivers, restraints, opportunities, and challenges.
The report will provide insights into the following pointers:
Analysis of key drivers (Growing labor shortage and need for workforce optimization), restraints (Technology and programming complexity), opportunities (Increasing application in small and medium-sized enterprises), and challenges (Lack of awareness and expertise) of the robotic palletizer market.
Product development /Innovation: Detailed insights on upcoming technologies, research & development activities, and new product & service launches in the robotic palletizer market.
Market Development: Comprehensive information about lucrative markets; the report analyses the robotic palletizer market across various regions.
Market Diversification: Exhaustive information about new products & services, untapped geographies, recent developments, and investments in the robotic palletizer market.
Competitive Assessment: In-depth assessment of market share, growth strategies, and services, offering of leading players like FANUC CORPORATION (Japan), KION GROUP AG (Germany), KUKA AG (Germany), ABB (Switzerland), and Krones AG (Germany) among others in the robotic palletizer market.