The latest market research report titled “Packaging Automation Market by Offering (Solution, Services), Type, End-use Industry (Healthcare & Pharmaceuticals, E-commerce & Logistics, Food & Beverage, Chemical & Refinery, Aerospace & Defense), and Geography—Global Forecast to 2030” forecasts that the global packaging automation market will reach $108.2 billion by 2030, growing at a CAGR of 9.8% from 2023 to 2030.

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Packaging automation refers to the use of automated technologies to handle packaging processes with minimal manual input. Automated systems have evolved from single-function machines to comprehensive solutions integrating all packaging stages. This shift has significantly boosted production efficiency, speed, and quality control.

The market's expansion is mainly driven by the rapid growth of the E-commerce industry, increased adoption of automation across various sectors, and strict food safety regulations. However, the high initial costs associated with automated systems present a challenge. Despite this, the logistics industry's demand for automation and the push for eco-friendly packaging are expected to create growth opportunities. The shortage of skilled operators remains a challenge, but the integration of advanced technologies and smart packaging trends are key market drivers.

The market is segmented based on offering into solutions and services. Solutions include case sealers & erectors, sleevers & cartoners, palletizers & depalletizers, strappers, markers & labelers, automated mailer systems, case packers, and others. Services cover consulting, installation & training, and support & maintenance. The solutions segment is expected to hold a significant market share in 2023 due to its role in enhancing manufacturing speed and safety. Conversely, the services segment is predicted to grow at the highest CAGR, driven by the increasing deployment of automation in various industries.

In terms of type, the market includes robotic pick & place, secondary packaging, and tertiary & palletizing. The robotic pick & place segment is forecasted to capture the largest share in 2023 due to rising demand across multiple industries. The secondary packaging segment is anticipated to grow at the highest CAGR due to the need for safe product transportation.

The market is also segmented by end-use industry, including healthcare & pharmaceuticals, E-commerce & logistics, food & beverage, automotive, chemical & refineries, aerospace & defense, and others. The food & beverage segment is expected to have the largest market share in 2023, driven by evolving consumer preferences. The E-commerce & logistics segment is projected to grow at the highest CAGR, influenced by the increasing shift to online shopping.

Geographically, the global market is segmented into North America, Europe, Latin America, and the Middle East & Africa. Asia-Pacific is expected to lead the market in 2023, owing to its focus on sustainable packaging, supportive policies, and rapid E-commerce growth. Asia-Pacific is also predicted to register the highest CAGR during the forecast period.

Key players in the market include ABB Ltd., Robert Bosch GmbH, Siemens AG, Fanuc Corporation, Mitsubishi Electric Corporation, and other leading firms. These companies are instrumental in driving market growth with their advanced automation solutions.

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