Packaging Robots Market to 2035 - Strategic Developments & Key Insights

 The Global Packaging Robots Market size was valued at $4,352.1 million in 2020 and is projected to reach $14,475.0 million by 2030, growing at a CAGR of 12.3% from 2021 to 2030.

Packaging robots refers to the use of automated systems, robots, and specialized software to move various tasks, and streamline automate packaging process. Packaging robots systems are used in various industry verticals such as pharmaceuticals, consumer products, logistics, food & beverages, and others. Vacuum grippers are widely used in picking up flat materials such as glass sheets or metal sheets. Such types of grippers use suction caps to grip multiple objects at once, during packaging and palletizing processes. Objects such as big crates, boxes, cans, and bottles are handled by vacuum grippers and hence have observed a significant usage in the packaging industries.

Recent Developments

•            Aug’22 - Maxpack Machinery LLC unveiled Leap by Maxpack, a unique piece of packing machinery that allows the client to pay on a monthly basis. Maxpack's response to the constantly evolving Buy Now & Pay Later industry is Leap. Premium packages of automation equipment are available with 18 free of interest, credit-free installments spread out over a period of eighteen months.

•            Jan’22 - ABB Ltd. disclosed its acquisition of electric vehicles Charging Infrastructures Systems in order to extend its fleet electrifying software and digital services and enhance its customer base. This acquisition attempts to expand the company's product offering.

•            Nov’21 - FANUC Corporation, manufacturer of automation equipment including robotics with computerized numerical control wireless technology, and ROBOMACHINE launched the LR-10iA/10 robot. It was developed for machine handling & a range of picking applications.

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