(MENAFN- The Express Wire)
Posted on Jan 6 2022 12:58 PM
'The global palletizer market size is expected to gain momentum by reaching USD 2.32 billion by 2028 from USD 1.74 billion in 2021 while exhibiting a CAGR of 4.2% between 2021 to 2028. In its report titled“Palletizer Market, 2021-2028,” Fortune Business Insights™ mentions that the market stood at USD 1.67 billion in 2020.'
Palletizer Market 2021-2028
New study report” Palletizer Market 2021 Market Opportunities, Challenges, Strategies, and Forecasts 2028″ has been added to Fortune Business Insights.
Market Overview:
The global palletizer market size is expected to gain momentum by reaching USD 2.32 billion by 2028 from USD 1.74 billion in 2021 while exhibiting a CAGR of 4.2% between 2021 to 2028. In its report titled“ Palletizer Market, 2021-2028 ,” Fortune Business Insights™ mentions that the market stood at USD 1.67 billion in 2020.
A palletizer is a machine that helps in automatic sorting, stacking, and transferring of products onto pallets, usually at the end of a manufacturing line and freight forwarding. Its implementation is dependent on the requirements of the end-users. The demand for this machine has increased owing to the increased demand and manufacturing of convenience products worldwide. Furthermore, in the food and beverages industry, its application is diverse. Thus due to increasing diversity and its application, manufactures are innovating to improve their functionality even more by using technologies such as Human-Machine Interface (HMI).
Key Players:
The key players have an essential part to play in fostering the product improvement as per the demand of the consumers with ample supply in particular regions. The well-known brands are also acknowledged and aware of the potential links with the Palletizer Market 2021-2028 for showing a prominent place to the key players in the market.
List of Key Players Covered in the Palletizer Market Report:
- Fuji Yusoki Kogyo Co., Ltd. (Germany)
- Kawasaki Heavy Industries, Ltd. (Japan)
- A-B-C Packaging Machine Corporation (U.S.)
- Krones AG (Germany)
- ABB (Switzerland)
- KUKA AG (Germany)
- BW Packaging Systems (U.S.)
- KHS Group (Germany)
- Honeywell Intelligrated (U.S.)
- BEUMER GROUP (Germany)
The Key players existing in the different regions of the world are giving in their collective effort to ensure that the revenue's sales and generations increase rapidly as per the market demand.
“Get Sample PDF of report, please connect with our sales team below.“
Name: Mr. Ashwin Arora
Email: sales [@] fortunebusinessinsights [.] com
Phone: US +1424 253 0390 / UK +44 2071 939123
COVID-19 Impact:
The pandemic crippled the global economy. However, the palletizing market was moderately affected. As per our analysis, the market exhibited a lower growth of 3.0% in 2020 as compared to the average year-on-year growth during 2017-2019. However, the pandemic generated health emergencies. Therefore the demand for healthcare and pharmaceuticals products increased. This resulted in increased demand for robotic machines. Thus this market is expected to thrive during the forecast period.
Segmentation:
By Technology:
- Robotic
- Low Level or Floor Level
- High-Level
By Product Type:
By Application:
- Food and Beverage
- Cosmetic & Personal Care
- Healthcare & Pharmaceuticals
- Others (Chemical, Automotive, etc.)
Regional Analysis:
Asia Pacific to Remain at Forefront Backed by Well Established Infrastructure.
Asia Pacific is expected to remain at the forefront and hold the highest position in the palletizing machinery market during the forecast period owing to the adoption of robotic palletizing machines in the manufacturing sectors. Furthermore, leading players of the market are setting up their manufacturing plants across India, China, and some south-east Asian countries where the cost of production is low. The region's market stood at USD 0.72 billion in 2020.
- North America (U.S. and Canada)
- Europe (UK, Germany, France, Spain, Italy and Rest of Europe)
- Asia Pacific (Japan, China, India, Southeast Asia and Rest of Asia Pacific)
- Latin America (Brazil, Mexico and Rest of Latin America)
- Middle East & Africa (South Africa, GCC and Rest of Middle East & Africa)
“Get Sample PDF of report, please connect with our sales team below.“
Name: Mr. Ashwin Arora
Email: sales [@] fortunebusinessinsights [.] com
Phone: US +1424 253 0390 / UK +44 2071 939123
What does the Report Provide?
The research report of the market for palletizers provides a detailed analysis of several factors, such as the key drivers and restraints that will impact growth. Additionally, the report provides insights into the regional analysis that covers different regions, contributing to the growth of the market. It includes the competitive landscape that involves the leading companies and the adoption of strategies to introduce new products, announce partnerships, and collaborate to contribute to the palletizer market growth.
Table of Content:
- Introduction
- Executive Summary
- Market Dynamics
- Key Insights
- Palletizer Market Analysis, Insights and Forecast, 2021-2028
- North America Palletizer Market Analysis, Insights and Forecast, 2021-2028
- Europe Palletizer Market Analysis, Insights and Forecast, 2021-2028
- Asia Pacific Palletizer Market Analysis, Insights and Forecast, 2021-2028
- Middle East and Africa Palletizer Market Analysis, Insights and Forecast, 2021-2028
- Latin America Palletizer Market Analysis, Insights and Forecast, 2021-2028
- Market Share Analysis, By Key Players, 2021
- Competition Matrix
- Company Profile
Continue….
“Get Sample PDF of report, please connect with our sales team below.“
Name: Mr. Ashwin Arora
Email: sales [@] fortunebusinessinsights [.] com
Phone: US +1424 253 0390 / UK +44 2071 939123
About Us:
Fortune Business Insights offers expert corporate analysis and accurate data, helping organizations of all sizes make timely decisions. We tailor innovative solutions for our clients, assisting them address challenges distinct to their businesses. Our goal is to empower our clients with holistic market intelligence, giving a granular overview of the market they are operating in.
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