According to Future Market Insights’ most recent market report, “Palletizers Market: Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2022-2028,” palletizers, which are a highly productive material handling solution, are anticipated to be the market’s main growth driver from 2022 to 2028. Palletizer sales are expected to create around US$ 2.6 billion in revenue globally in 2022, and this figure is expected to grow at a CAGR of 4.7% from 2022 to 2028.
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Together, the developed markets for palletizers in North America and Western Europe are predicted to make up around 40% of the worldwide palletizers market and are expected to increase slowly over the next years. The industrialised nations of North America and Western Europe have a high rate of technological innovation uptake.
As a result, there is a greater than average demand in this region for robotic palletizers equipped with cutting-edge technology. Only in these areas are there many palletizer manufacturers to be found. Although the increase of manufacturing production in these countries has slowed, the market for palletizers in North America and Western Europe has been driven by ongoing innovations in robotic palletizers and end-user sectors that seek for the highest level of automation.
China, India, and South Korea are a few of the nations with rapidly growing manufacturing sectors and the largest robotics markets worldwide. According to estimates, these nations hold more than 85% of the market for APEJ palletizers.
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Despite being the world’s largest market for robotics and palletizers, China’s industrial robot density is lower than the norm. Many manufacturing and storage facilities, as well as a massive local production of affordable palletizers, have greatly expanded the market for palletizers in the nation.
Japan is shown to share traits with North America and Western Europe, including maturing palletizer demand, a sizable palletizer market share, and quick technological adoption. Japan is home to many of the world’s top robotics companies, including Fanuc, Kuka, and suppliers of palletizers.
Competitive Landscape
The key manufacturers operating in the palletizers market are trying to focus on innovative product launch, expansion due to the increasing demand from the food, beverage and pharmaceutical sectors.
- In January 2021, CONCETTI S.p.A. launched a new LAMPO palletizer and expanded its range with a high-speed automatic palletizer. This palletizer reaches up to 1800 bags per hour.
- On 2 Sep 2021, Quest Industrial launched the new standard version of Box Bot C-2825, a space-saving robotic palletizer to design and produce pallet patterns easily and quickly from bags to boxes.
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Key Players:
- Premier Tech (PT)
- ABB Ltd.
- FANUC CORPORATION
- KUKA AG
- Honeywell International Inc.
- Kion Group AG
- Okura Yusoki Co., Ltd.
- Columbia Machine, Inc.
Palletizers Market by Category
By machine type, palletizers market is segmented as:
- Conventional Palletizers
- Low-level
- High-level
- Robotic Palletizers
- Anthromorphic
- Gantry
By product type, palletizers market is segmented as:
- Cases & Boxes
- Bags & Sacks
- Pails & Drums
- Trays & Crates
- Bundles
By end-user industry, palletizers market is segmented as:
- Food
- Beverage
- Pharmaceutical
- Cosmetics
- Chemical
- Building & Construction
- Others
By region, palletizers market is segmented as:
- North America
- Latin America
- Western Europe
- Eastern Europe
- APEJ
- Japan
- Middle East & Africa
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