Packaging Automation Market - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2027)
The packaging automation market is projected to register a CAGR of 7.81% during the forecast period (2022-2027). Over the last few decades, production lines worldwide have undergone a significant transformation with the advent of automation and robotics. High levels of competition and growing focus on reducing the turnaround time have prompted manufacturers worldwide toward automation to retain high levels throughout and efficiency.
Key HighlightsThe packaging autoamtion market is fragmented with many players occupying shares of the market. Innovation and collaboration among the key players are further adding growth in the market.
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