Palletizers Market in the United States: A Dominant Force in North America, Projected To Reach US$ 3.4 Billion By 2028 | FMI Reports

In 2022, the global palletizers market is valued at approximately US$ 2.6 billion, and it is expected to witness substantial growth, reaching US$ 3.4 billion by 2028, with a compounded annual growth rate (CAGR) of 4.7% spanning from 2022 to 2028.

The United States is set to dominate the North American market, with an estimated ~93% of market share by 2028, as reported by FMI. Automation is on the rise in response to the surge in online shopping and a labor shortage, necessitating technological solutions. The U.S. stands out as one of the most developed markets, readily embracing novel pelletizing solutions across diverse industries such as food and beverages, pharmaceuticals, automotive, and retail.

For instance, Honeywell Intelligrated’s Alvey 950 Hybrid Palletizing Solutions demonstrate the ability to create repeatable patterns at high speeds, exceeding 125 cases packaged per minute, particularly excelling in managing small and complex pattern packaging. These automated robotic palletizers offer advantages such as reduced labor costs, lower risk of damage, and increased line productivity through pallet standardization. With rising labor costs and labor shortages, the demand for automated robotic palletizers is expected to witness substantial growth in the United States, further fueling automation across various industries.

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Key Takeaways:

1. The global palletizers market is projected to reach USD 3.4 billion by 2028, growing at a CAGR of 4.7% from 2022 to 2028.
2. Robotic palletizers are expected to achieve a market value of US$ 1.9 billion by 2028.
3. The bags and sacks segment is anticipated to experience fast-track growth of 6.8% during the forecast period, driven by the demand for efficient packaging solutions, especially in the food and beverage industry.
4. The Asia Pacific region, with China at the forefront, is expected to dominate the market, holding a substantial market share of 45.5% in 2022, and growing by 8.5% over the forecast period.
5. The integration of artificial intelligence in robot palletizers enables them to learn and adapt, optimizing performance.
6. Premier Tech’s acquisition of Arima is set to enhance manufacturing productivity and drive market demand.
7. Hybrid machinery is gaining popularity due to its cost-effectiveness, contributing to the overall growth of the palletizers market.
8. Palletizers offer several advantages for food and beverage packaging, including low cost, small footprint, and high throughput rate.

The market volume for global palletizers is expected to expand at 1.6X over the forecast period 2022-2028

Detailed profiles of palletizers companies are also included in the report to evaluate their strategies, key product offerings and recent developments. The key players of the global palletizers market are

• Premier Tech Chronos Ltd.,
• ABB Ltd.,
• FANUC Corp.,
• Kion Group,
• Kuka Group,
• Honeywell International Inc.,
• Okura Yusoki Co., Ltd.,
• Columbia Machine, Inc.,
• Fuji Yusoki Kogyo Co., Ltd. and
• Concetti S.P.A.

In global palletizers market report, we have discussed individual strategies followed by these companies in terms of enhancing their product portfolio, creating new marketing techniques, mergers and acquisitions. The ‘Competitive Landscape’ section is included to provide report audiences with a dashboard view and company share collectively.

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.

United States Drives Demand for Robotic Automated Palletizers, India Shows Promising Growth in the Global Market:

The United States is witnessing high demand for robotic automated palletizers, driven by factors such as the rise of online shopping and the need for automation due to labor shortages. Industries like food and beverages, pharmaceuticals, automotive, and retail sectors readily adopt innovative palletizing solutions, benefiting from reduced labor costs, increased productivity, and standardized palletization.

In the global market, India shows promising growth in the palletizers market, with a projected CAGR of 7.8% in the Asia Pacific region. The country’s booming e-commerce industry is driving the demand for single-SKU palletizers for retail and warehouse fulfillment. Additionally, international market players are investing in India due to lower production costs, and robotics and automation are making significant contributions to India’s GDP, creating more opportunities.

Increase in Demand for 3PL (Third Party Logistics Providers) Impact the Growth of the Palletizer Market

1. Efficiency and Productivity: 3PL providers often handle a wide range of logistics services, including warehousing, distribution, and order fulfillment. Palletizers play a crucial role in optimizing the storage and transportation of goods. They can quickly and accurately stack products on pallets, making the process more efficient. As the demand for 3PL services grows, so does the need for efficient palletizing solutions.
2. Handling Diverse Product Types: 3PL providers deal with various clients and products. Palletizers are designed to handle different types of products, from fragile items to heavy machinery. Their flexibility is crucial for 3PL companies, as they need to adapt to their clients’ diverse requirements.
3. Space Optimization: Palletizers help maximize warehouse space by creating tightly packed pallets. This is essential for 3PL providers who often operate in facilities with limited space. The ability to store and transport goods efficiently is a key competitive advantage for 3PL companies.
4. Labor Savings: With the labor shortage in some regions and the rising labor costs, automation, including palletizers, becomes more attractive. 3PL providers can benefit from reduced labor costs and improved consistency in palletizing operations by using automated solutions. This can be especially important as demand for their services grows.
5. Scalability: 3PL providers may experience fluctuations in demand from different clients. Palletizers can be scalable, allowing companies to adjust their palletizing capacity based on the changing needs of their clients. This flexibility is beneficial in the dynamic world of 3PL.
6. Accuracy and Customer Satisfaction: Palletizers ensure precise stacking, reducing the risk of damaged products during handling and transportation. This accuracy is critical for 3PL providers who need to maintain high customer satisfaction levels and reduce the likelihood of costly product damage claims.

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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

• North America
• Latin America
• Western Europe
• Eastern Europe
• APEJ
• Japan
• Middle East & Africa

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer, Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 5000 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

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