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Palletizer Market Size, Share & COVID-19 Impact Analysis, By Technology (Robotic, Low Level or Floor Level and High-Level), By Product Type (Bag, Case, Bag, Pail and Others), By Application (Food & Beverage, Cosmetic & Personal Care, Healthcare & Pharmaceuticals, Others (Chemical, Automotive, etc.) and Geographical Forecasts, 2020-2027

Region : Global | Format: PDF | Report ID: FBI104445

 

KEY MARKET INSIGHTS

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The global palletizer market size was USD 1.63 billion in 2019 and is projected to reach USD 2.16 billion by 2027, exhibiting a CAGR of 3.6% during the forecast period.

COVID-19 Cover

This report covers COVID-19 impact analysis on Palletizer Market

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A palletizer is a machine that is utilized in compiling products on a pallet. It is designed and manufactured to align, organize, and pack different products on a pallet for freight forwarding. The implementation of this machine is dependent on the requirements of the end-users.


The growing consumer awareness about the quality of products coupled with the high demand for convenience products and increased disposable income are factors driving the growth of the market. Additionally, there is a sprouting need for mixed load palletizing across food & beverage industry, where a pallet includes multiple products of diverse magnitudes for a single customer. The shifting focus towards innovative ways, i.e. utilization of hybrid machines is improving the functionality and simplifying human machine interface (HMI). It is, therefore boosting the global palletizer market growth.


COVID-19 Impact: High Demand for Essential Products to Simultaneously Elevate Market Amid Coronavirus


The incessantly evolving COVID-19 Pandemic has adversely impacted the manufacturing sector across the globe. However, the global palletizing machinery market has experienced low acquaintance with the Pandemic. It has generated a health emergency wherein the demand for pharmaceuticals & healthcare products has sharpened. This, in turn, resulted in a growing demand for pick-and-place robotic palletizers. Additionally, Governmental bodies across the globe are extensively working for the quick supply chain of machines and worker’s safety. For instance, The Association for Packaging and Processing Technologies (PMMI) is continuously monitoring the overall impact on packaging industry.


Additionally, manufacturing processes in most affected countries including, China, Northern Italy, South Korea, and U.S.(Partially) are now on track. Moreover, manufacturers such as Kawasaki Heavy Industries, Ltd., Honeywell Intelligrated, ABB, BW Packaging Systems, and others are increasing the investments in the automatic palletizing machine market to cope up with the current situation. It is eventually increasing the demand across the end-use industries including, Food & Beverage, Healthcare & Pharmaceuticals, E-commerce, Grocery, automotive, and others. Therefore, the global market is moderately affected by the COVID-19 Pandemic.


LATEST TRENDS


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Heavy Demand for Hybrid Palletizers to Aid Market Growth


The changing necessities from the packaging industry have resulted in the advancement of the hybrid machinery. The hybrid structure makes it cost-effective machinery that additional expenses including, troubleshooting, hardware maintenance, etc. It positions cases upright before layer formation. This, in turn, allows machinery in conveying products easily. Additionally, it reduces the complex robot controllers need that eventually maintains a standard control platform of a conventional machinery. Also, the leading manufacturers such as Honeywell Intelligrated, Schneider Packaging Equipment Company, Inc., and others are focusing on hybrid technology to expand their product portfolio. For instance, Honeywell Intelligrated’s ‘750 Hybrid’, is a mid-speed product for handling cartons, bags, and other packaging types.


DRIVING FACTORS


Popularity of Human Machine Interface (HMI) is propelling the Market Growth


Nowadays, the human-machine interface (MHI) is controlling the world of the manufacturing sector. It is reconfiguring the palletizers for handling pallet patterns, multiple product layers, and various case sizes. Robotic palletizing safeguards constant motion at the end of the line process; thus, increases the output and decreases downtime of these machines. This very factor compliments the evolution of HMI in palletizing processing. Also, the manufacturers are intensifying their marketing strategies to shift towards automated machinery to achieve higher production rates. For instance, in August 2019, PremierTech collaborated with Bühler Group to develop industrial flexible packaging solutions including, automated food-safe bagging, palletizing, and other solutions. Both companies are working together to build a manufacturing plant in China by 2020.


RESTRAINING FACTORS


Excessive Initial Investments in Manufacturing to Impede the Market Growth


The capital expenditure required for research & development and manufacturing processes at the initial stage is primarily hampering the market growth. The manufacturers are anticipated to make large investments in manufacturing technologically advanced palletizing machinery. Additionally, it requires periodic maintenance for their efficient operations, incurring high after-sales services cost to the manufacturers. Small and medium-sized manufacturers find it challenging to incorporate the unnecessary maintenance cost. This, in turn, is hindering the global market growth.


SEGMENTATION


By Technology Analysis


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Robotic Technology is Anticipated to Witness Highest CAGR in the Forecast Period


Among all types of technology, robotic technology is anticipated to witness the highest CAGR. It is owed to its features including, flexibility to adapt product dimensions and complicated layer patterns. Additionally, it does not convey the risk of injury owing to, improved human machine interface.


High-level machineries are projected to portray substantial market growth attributed to its application in carrying load products from above the ground level. Low level or floor level technologies are expected to capture the highest market share as it offers direct access to every product. Additionally, it can carry products from the ground level and has the highest palletizing capacity with better pallet build quality.


By Product Type Analysis


Bulk Segment is Projected to Rise at a Higher CAGR Owing to the Increasing Utilization of Robotic Palletizers


Among all product type segments, the bulk product type segment is projected to witness the highest CAGR owing to, the rising utilization of robotic technology. It performs activities such as palletizing cans and bottles without operator intervention. The case segment is expected to witness steady growth attributed to its ability to obtain maximum cases/minute on low and high-level systems than robotic. Additionally, the case type machine mostly handles firm-shaped packages. The pail and bag product type segment is expected to witness slow growth in the forecast period.


By Application Analysis


Food & Beverage is Projected to Dominate the Market with Increasing Utilization of global robotic palletizers


The food & beverage sub-segment is capturing maximum market share in the global market. It is because the companies are utilizing robotic and high-level palletizing machine that handles multi-case sizes and layer of pattern that reduces the product damage and enhances production efficiency.


Healthcare & Pharmaceuticals division is expected to witness the highest CAGR in the forecast period. It is attributed to the increasing consumption of medicines. Additionally, palletizing machines enhance the speed of the packaging processes that diminish the transportation time of the drugs. The COVID-19 Pandemic has accelerated the need for medicines that have also fueled the demand across the globe. The remaining sub-segments are expected to witness steady growth in the coming years.


REGIONAL INSIGHTS


Asia Pacific Palletizer Market Size, 2019 (USD Billion)

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The global market is segmented across North America, Europe, Asia Pacific, Middle-East and Africa, and Latin America.


The Asia Pacific is expected to witness the largest palletizer market share, owing to the adoption of automatic palletizing machines in the commercial and manufacturing sectors. Additionally, leading market players are establishing their manufacturing plants across India, China, and some south-east Asian countries where the cost of production is low.


India to Witness Highest CAGR Owing to the Installation of Advanced Robotic Facilities Across the Country


India is one of the leading trade markets. In recent years, leading manufacturers are establishing their manufacturing plants across India to support the robotic palletizing sector. For instance, in July 2020, ABB India opened an innovative robotic facility in Bengaluru, India to support the digital transformation of manufacturing in India. The facility comprises a demonstration center in which the cutting-edge technologies in robotic welding, material handling, and gluing will be showcased.


The market in North America and Europe is estimated to grow steadily in the near future owing to, the stable palletizing machine market. In North America, the strong economic growth, increased e-commerce activity, and presence of leading manufacturers such as A-B-C Packaging Machine Corporation, BW Packaging Systems, Krones AG, KHS Group, etc., is fueling the market growth. In Europe, manufacturers have a presence across Germany, Italy, Denmark, Switzerland, and other countries. Specifically, the palletizing machinery market in Europe is driven by Italy and Germany. The Italian Government’s Industry 4.0 incentive scheme is proving to be aiding the growth in Italy.


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The market in South America is expected to grow moderately owing to, the stable adoption of palletizers in the manufacturing industry. However, the emerging urbanized population demands for packaged food, that is expected to fuel this market growth in the near future.


KEY INDUSTRY PLAYERS


Prominent Players Opt for Advanced Palletizing Technologies to Expand their Product Portfolio


A-B-C Packaging Machine Corporation, Honeywell Intelligrated, ABB, Krones AG, and Fuji Yusoki Kogyo Co., Ltd. are some of the major companies in the global palletizing machine market. They have integrated advanced palletizing technologies including, robotic and hybrid to expand their business portfolio. For instance, in November 2019, B&R, a Discrete and Robotics Automation business unit of ABB has integrated its robotic portfolio into the automation portfolio. It allows B&R to supply machine builders, a wide range of ABB robots such as SCARA, articulated arm, delta, and palletizer robots with various payloads in various sizes. Therefore, the global palletizing machinery market is expected to grow exponentially during the forecast period.


LIST OF KEY COMPANIES PROFILED:



  • Fuji Yusoki Kogyo Co., Ltd. (Germany)

  • Kawasaki Heavy Industries, Ltd. (Japan)

  • Toptier (U.S.)

  • COLUMBIA (India)

  • Ehcolo (Denmark)

  • A-B-C Packaging Machine Corporation (U.S.)

  • Honeywell Intelligrated (U.S.)

  • ABB (Switzerland)

  • Schneider Packaging Equipment Company, Inc. (U.S.)

  • Krones AG (Germany)

  • BW Packaging Systems (U.S.)

  • KUKA AG (Germany)

  • BEUMER GROUP (Germany)

  • Columbia/Okura LLC (U.S.)

  • Estun Automation Co., Ltd. (China)

  • Brillopack (U.K.)

  • KHS Group (Germany)

  • Rothe Packtech Pvt. Ltd. (India)

  • Container Automation System (U.S.)

  • PremierTech (Canada)

  • Fanuc Corporation (Oshino-mura, Japan)


KEY INDUSTRY DEVELOPMENTS:



  • April 2020: PremierTech introduced a faster robotic palletizer ‘AR-225 model’ that delivers nearly 25 bags per minute. It offers easy maintenance. It lowers the downtime with its pallet magazine and dispenser than handles pallets of different sizes.

  • October 2018: Honeywell Intelligrated showcased connected solutions for automated palletizing equipment that provides real-time equipment monitoring, diagnostics, and asset-level insights to boost reliability, throughput, and performance.


REPORT COVERAGE


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The market research report provides a detailed analysis of the palletizing machine market and focuses on critical aspects such as leading companies, product/service types, and leading applications of the product. Besides, the report offers insights into market trends and highlights vital industry developments. In addition to the factors mentioned above, the report encompasses several factors that have contributed to the growth of the market over recent years.


Report Scope & Segmentation











































  ATTRIBUTE



  DETAILS



Study Period



  2016-2027



Base Year



  2019



Forecast Period



  2020-2027



Historical Period



  2016-2018



Unit



  Value (USD billion)



 



By Technology



  • Robotic

  • Low Level or Floor Level

  • High-Level



By Product Type



  • Bulk

  • Case

  • Bag

  • Pail



By Application



  • Food & Beverage

  • Cosmetic & Personal Care

  • Healthcare & Pharmaceuticals

  • Others (Chemical, Automotive, etc.)



By Geography



  • North America (By Technology, Product Type, Application and Country)

    • U.S. (By Technology)

    • Canada (By Technology)

    • Mexico (By Technology)



  • Europe (By Technology, Product Type, Application and Country)

    • Germany (By Technology)

    • U.K. (By Technology)

    • France (By Technology)

    • Italy (By Technology)

    • Spain (By Technology)

    • Russia (By Technology)

    • Benelux (By Technology)

    • Nordics (By Technology)

    • Rest of Europe



  • Asia Pacific (By Technology, Product Type, Application and Country)

    • China (By Technology)

    • India (By Technology)

    • Japan (By Technology)

    • South Korea (By Technology)

    • ASEAN (By Technology)

    • Oceania (By Technology)

    • Rest of Asia Pacific



  • Middle East & Africa (By Technology, Product Type, Application and Country)

    • South Africa (By Technology)

    • North Africa (By Technology)

    • GCC (By Technology)

    • Israel (By Technology)

    • Turkey (By Technology)

    • Rest of Middle East and Africa



  • South America (By Technology, Product Type, Application and Country)

    • Brazil (By Technology)

    • Argentina (By Technology)

    • Rest of South America





Frequently Asked Questions

Fortune Business Insights says that this market was valued at USD 1.63 billion in 2019.

In 2027, the market is expected to be worth USD 2.16 billion.

Growth of 3.6% CAGR will be observed over the forecast period (2020-2027).

Asia Pacific stood at USD 0.70 billion in 2019.

Food & Beverage segment is expected to be the leading segment during the forecast period.

The evolution of human machine interface (HMI) is expected to drive market growth

ABB, Krones AG, A-B-C Packaging Machine Corporation, Honeywell Intelligrated are the key market players.

Low level or floor level sub-segment is expected to hold the highest share in the market.

Robotic technology is expected to grow significantly over the forecast period.

Accelerating demand for hybrid palletizers is the latest market trend in the coming years.

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Palletizer Market Size, Share and Global Industry Trend Forecast till 2026
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