Packaging Robots Market Scope and Analysis by 2028
Packaging Robots Market Report Scope
Report Attribute | Details |
---|---|
Market size in 2021 | US$ 3.95 Billion |
Market Size by 2028 | US$ 8.45 Billion |
Global CAGR (2021 - 2028) | 11.49% |
Historical Data | 2019-2020 |
Forecast period | 2022-2028 |
Segments Covered |
By Industry Vertical
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Regions and Countries Covered | North America
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Market leaders and key company profiles |
Recent Developments:
Inorganic and organic strategies such as product launches, partnerships, collaboration, and mergers and acquisitions are highly adopted by companies in the market. A few recent key market developments by these companies are listed below:
- In April 2023, Shemesh announced the launch of the TKS-C60 complete robotics-enhanced packaging line for cosmetics, which is designed to handle the entire packaging process—feeding, filling, capping, labeling, case packing and palletizing cosmetics products of all shapes and sizes. The TKS-C60 ensures a seamless, uninterrupted bottling line for a range of products, from creams and foundations to fragrances and nail polish, at a rate of 60 bottles per minute.
- In March 2023, Proco Machinery, a manufacturer of automation systems for the custom bottling and packaging industry, announced the launch of a new collaborative robot packer to address the growing labor shortages in the packaging industry. This new Proco Collaborative Robot Packer is designed to work alongside human operators to increase efficiency and performance. The new robot packer can perform a range of tasks, from testing containers to packing them into cases.
- In February 2023, Rapid Robotics announced a new partnership with Universal Robots (UR), under which the Danish collaborative robot (cobot) producer will be supplying collaborative robot arms for Rapid Robotics’ deployment of cobot work cells across North America. Also, Universal Robots will enable Rapid Robotics to serve a greater number of customers and maintain the rapid deployment times they’ve come to expect even as Rapid Robotics continues to expand its national footprint. These collaborative robots have a wide variety of capabilities, such as palletizing, box building and packing, and operations requiring a heavier payload or longer reach.
- In November 2022, OSARO, a global leader in AI-driven robotics for e-commerce, announced a partnership with SVT Robotics to accelerate the integration of pick-and-place robotics systems for e-commerce and logistics businesses. SVT Robotics’ ground-breaking SOFTBOT Platform enables companies to integrate and deploy the robots, automation, and IoT devices they need in just days or weeks. As part of the agreement, SVT Robotics has joined OSARO’s partner program, which offers one-stop access for businesses looking to deploy robotic solutions in their fulfillment operations.
- In July 2022, ABB announced that it is expanding its FlexPicker Delta robot portfolio with the IRB 365. With five axis and a 1.5kg payload, the IRB 365 is both flexible and the fastest in its class for reorienting packaged lightweight products such as cookies, chocolates, peppers, candies, small bottles, and parcels. Responding to the rise in e-commerce and growing demand for shelf-ready packaged goods, the IRB 365 has been developed for applications including food and beverage, pharmaceuticals, and consumer goods, where production line speed and adaptability are essential.