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Palletizer Market Size, Share, Industry, Forecast and outlook (2024-2031)

Published: October 2023 || SKU: PAC3939
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180 pages
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Global Palletizer Market is segmented By Type (Conventional Palletizer, Robotic Palletizer), By Product (Boxes and Cases, Bags and Sacks, Bundles, Others), By Usage (Factory, Distribution Centers (DC), Fulfilment Centers (FC), Others), By Application (Food & Beverages, Pharmaceuticals, Personal Care & Cosmetics, Others), and By Region (North America, Europe, South America, Asia-Pacific, Middle East, and Africa) – Share, Size, Outlook, and Opportunity Analysis, 2023-2030

 

Palletizer Market Overview

The Global Palletizer Market report analyzes the market size, current trends, competitive landscape, and future market outlook. The demand for palletizers is increasing due to the growth of the packaging industry and the need for automated packaging solutions. The market is witnessing a surge in orders from the Asia-Pacific region. The competitive rivalry is intensifying with major players such as FANUC Corporation, Krones AG, and others actively operating in the market.

A palletizer is a machine that sorts, transfers, and stacks cases of goods or products onto pallets automatically, usually after a manufacturing line. Automatic palletizing is ideal for high-volume, convenient delivery. Palletizers ensure load stability, precision, and efficiency. They also allow for the simultaneous movement of many loads. The shift from manual to automated operations is becoming more common as employers' expectations for worker safety and flexibility rise. Palletizers are one of the most important pieces of equipment in automated material handling systems.

Palletizer Market Scope

Metrics

Details

Market CAGR

4.2%

Segments Covered

By Type, By Product, By Usage, By Application, and By Region

Report Insights Covered

Competitive Landscape Analysis, Company Profile Analysis, Market Size, Share, Growth, Demand, Recent Developments, Mergers and acquisitions, New Product Launches, Growth Strategies, Revenue Analysis, and Other key insights.

Fastest Growing Region

Asia Pacific

Largest Market Share 

North America

 

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Palletizer Market Dynamics and Trends

Depending on the necessity, traditional or robotic palletizers are used to automate the pallet construction process at a warehouse, distribution center, or manufacturing plant. Many different technologies may be used depending on the palletizer to assist the maker in creating the correct pallet.

The ability of palletizers to handle high loads is expected to fuel market growth during the forecast period.

With the rising cost of industrial land, the need for effective storage and facility setup has also increased. Material handling equipment is preferred for handling huge volumes of material and achieving great productivity. Palletizers are frequently required at warehouse facilities and manufacturing facilities to serve complicated orders quickly and with the shortest possible lead time.

Palletizers can handle extremely high loads, which are impossible to handle manually, at high speeds, and with a low risk of material mishandling. Palletizers have undergone continuous development, resulting in reduced floor area consumption and great productivity.

The growth is likely to be fueled by rising demand for the e-commerce industry.

According to CBRE, e-commerce retail sales in the United States increased by 25% in the quarter ending June 2020, demonstrating the customer shift to e-commerce, while grocery stores and building and garden suppliers both increased by 13%. The market is also expected to be driven by the continuing advancement of palletizing system technology.

With such growth in the e-commerce industry, it is estimated that the actual share would exceed the previously estimated value in the country, resulting in a major increase in demand for palletizers at warehouses and distribution centers.

Excessive initial production investments are projected to stifle market expansion.

The initial capital investment required for R&D and production processes is primarily impeding market expansion. Manufacturers are expected to make significant expenditures in the development of technologically advanced palletizer machinery.

It also necessitates regular maintenance for optimum functioning, resulting in substantial after-sale costs for the producers. Small and medium-sized businesses find it difficult to factor in unneeded maintenance costs. As a result, market expansion is hampered.

COVID-19 Impact on Palletizer Market Growth

COVID-19 has had a big impact on a lot of companies all around the world. The COVID-19 outbreak has emerged as a barrier causing a slowdown in the supply chain and availability of raw materials resulting in a slowdown in the overall market.

Palletizer Market Segment Analysis

By application, the palletizer market is classified into food & beverages, pharmaceuticals, personal care & cosmetics, etc.

The food & beverages sector holds the largest market share global palletizer market.

The food and beverage industry has traditionally played a significant role in increasing palletizer market revenue. Retailer demands continue to rise as rivalry between retailers heats up and government rules become more strict. As a result, the need for palletizing robots in the food and beverage industry has never been greater.

The centralized palletizing approach was the most practical alternative due to space constraints within the facility. A neutral to positive return on the cost of products sold, a reduction in forklift traffic around the production lines, improvements in work quality, particularly ergonomics, and the installation of a durable and reliable system were among the system's criteria.

Palletizer Market Geographical Share

North American region holds the largest market share global palletizer market.

North America dominates the industry because the United States is one of the largest and most developed markets for adopting new and innovative palletizing technologies. The country's strong economy, which includes increasing port traffic, e-commerce activity, and important manufacturing indices, has resulted in significant manufacturing expansion and is expected to fuel demand for palletizing solutions.

The major sources of demand for such solutions in the country are retail, automotive, food and beverage, and pharmaceutical. According to CBRE, e-commerce retail sales in the United States increased by 25% in the quarter ending June 2020, demonstrating the customer shift to e-commerce, while grocery stores and building and garden suppliers both increased by 13%.

With such growth in the e-commerce industry, it is estimated that the actual share would exceed the previously predicted value in the country, resulting in a major increase in demand for palletizers in warehouses and distribution centers.

Palletizer Market Companies

Players have cited a diversified product portfolio as an effective growth strategy. A-B-C Packaging Machine Corp., ABB Ltd., BEUMER Group GmbH & Co. KG, Honeywell Intelligrated, KION Group AG, Krones AG, Schneider Packaging Equipment Co. Inc., Sidel, YASKAWA Electric Corp., and Barry-Wehmiller Companies, Inc. are some of the prominent players contributing to the market's growth.

A-B-C Packaging Machine Corp:

Overview: In the 1980s and 1990s, the packaging business consolidated, but A-B-C remained staunchly independent, led by President Donald G. Reichert. The company's distribution network included the Caribbean, Mexico, South America, Australia, and the Far East. Case palletizers, partition inserters, tab slitters, and bulk depalletizers were added to the product line.

It now has a 100,000-square-foot facility, with 10,000 square feet dedicated to general offices, sales, and engineering, and the rest used for production, assembly, and parts inventory. A-B-C machines are used in various industries around the world, including food, beverage, home chemicals, computer electronics, cosmetics, and the manufacture of glass and plastic bottles.

Product Portfolio: The Company's portfolio comprises erectors, packers, sealers, partitioners, palletizers, depalletizers, and decreases.

Key Developments: The 700 series robot palletizers from A-B-C Packaging Machine Corp efficiently palletize cases, trays, or bags in different configurations and provide the flexibility of manual palletizing without labor expenses or liabilities. Packagers may accomplish efficient and dependable pallet forming and ship secure, well-formed pallet loads that protect products throughout distribution for all product categories.

The global palletizer market report would provide an access to approx. 66 market data tables, 64 figures, and 180 pages.

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FAQ’s

  • The Palletizer Market is expected to grow at a high CAGR of 4.2% during the forecasting period 2023-2030.

  • North American region Controls the Palletizer Market during 2023-2030.

  • Asia Pacific is the fastest-growing market share during the forecast period.

  • Key players are A-B-C Packaging Machine Corp., ABB Ltd., BEUMER Group GmbH & Co. KG, Honeywell Intelligrated, KION Group AG, Krones AG, Schneider Packaging Equipment Co. Inc., Sidel, YASKAWA Electric Corp., and Barry-Wehmiller Companies, Inc.
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