Palletizing Cell Market
Palletizing Cell Market Analysis By Application (Storage, Transportation), By End-Use Industry (Chemical, Automotive, Food & Beverages, Pharmaceutical Industry) & By Region (North America, Latin America, Europe) - Global Market Insights 2023-2033
Analysis of Palletizing Cell Market Covering 30+ Countries Including Analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more
Palletizing Cell Market Outlook (2023-2033)
The global palletizing cell market is anticipated to be valued at US$ 1.3 billion in 2023 and it is estimated to grow at a CAGR of 5.2% to reach US$ 2.2 billion by the end of 2033.
Palletizing cell can be widely used in end-use industries such as chemical, automotive, pharmaceutical, and others. It is widely used for storage, transportation, loading & unloading purposes. Palletizing cell arrange boxes in an orderly manner over pallets which becomes easy to transport them, without product damage.
Estimated Market Value (2023E)
US$ 1.3 Billion
Forecasted Market Value (2033F)
US$ 2.2 Billion
Global Market Growth Rate (2023-2033)
North America Market Share (2023)
East Asia Market Growth Rate (2023-2033)
Europe Market Growth Rate (2023-2033)
East Asia Market Share (2023)
Key Companies Profiled
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Historic and Future Path Analysis for Palletizing Cell Market
With the growing e-commerce industry, warehouse requirements amplified to manage sufficient stock as per requirement, this has created high demand for palletizing cell. Palletizing cell have applications in handling cartons laden with goods and need to separate likewise for effective handling and warehouse management.
Palletizing cell can reduce labor costs, and offer better reliability, and performance in handling goods, in working spaces where products need to be sought from the conveyor belts as per their carton size.
Palletizing cell can become very useful in several industries such as chemical, automotive, food & beverages where heavy weigh material needs to transfer. Transferring this material can become challenging for manufacturing companies, however use of palletizing cell ease out the operations.
- Growth Factors for Short Term (2023-2026): Demand for high-quality and advanced palletizers which provides solutions for high speed, accuracy, and cost reduction to boost the palletizing cell market in coming years.
- Factors for Medium-Term Growth (2026-2029): Expanding chemical industry in China and India will dominate the palletizing cell market, as the chemical industry uses palletizers for various applications.
- Long Term Growth Opportunities (2029-2033): Market players to collaborate with end-users to establish long-term trade coupled with the customization and rental services to augment palletizing cell sales over the forecast period.
Over the 2018-2022 historical period, the global palletizing cell market registered a CAGR of 4.0%, according to the Fact.MR, a market research and competitive intelligence provider, the market is projected to exhibit growth at 5.2% CAGR between 2023 and 2033.
Market share analysis of palletizing cell based on the application and region is provided in a nutshell in the above image. Under the application segment, storage dominates with a 44.5% market share in 2023.
“Growing Warehouse and Logistics Industry to Supplement the Sales”
Palletizing cell market is getting high demand from the logistics and warehouse industry for storage purposes. As, palletizing cells are used in warehouses for loading, unloading, and storage purpose. Palletizing cell provides high efficiency, and accuracy, reduces labor costs, better reliability, and better performance in goods handling.
The surging warehousing, for instance, Singapore and Malaysia have become logistics warehouse centers. Malaysia’s logistics and warehouse market is valued at over US$ 40.0 billion in 2022. This will create a significant opportunity for palletizing cell manufacturers, as palletizing cell gives better solutions for storage, and helps warehouse owners reduce labor costs and manage goods effectively.
In recent years, due to the growing e-commerce sector across the globe, the demand for warehouses to store a large volume of products has increased rapidly. This is likely to create high demand for palletizing cell in coming years as it can be very useful while dealing with storage, loading, unloading, and transfer purposes.
“Technological Advancements to Supplement Palletizing Cell Sales Growth”
The growing use of robotic palletizers over conventional palletizers is likely to provide multiple opportunities for palletizing cell manufacturers during the forecast period.
Leading end-users have adopted robotic palletizers over conventional palletizers to enhance their product handling approach. Robotic palletizers help to reduce errors, has a reduced carbon footprint as compared to conventional palletizers, and save time. A robotic palletizing solution can become helpful to accommodate different pallet patterns and product types.
Robotic palletizers can become very useful in logistics warehouses. As, it provides an easy way to reduce operational costs and improve work efficiency with the task of loading, unloading, transferring, and storage. With robotic assistance remote management of task become easy. Thus, robotic palletizing cell witness high growth opportunities for sales growth.
“Conventional Practices to Restrain the Palletizing Cell Market Growth”
Palletizing cell requires extra cost for maintenance and skilled worker for the effective management and performance of the machine. Hence, due to a dearth of skilled workforce and the high cost of machines, small warehousing businesses across both developed as well as developing economies prefer conventional labor-intensive methods for managing their regular tasks. This, in turn, hampers the sales of the palletizing cell market.
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Why the US Increases its Demand for Palletizing Cell in the Coming Years?
The United States palletizing cell market is expected to expand at a CAGR of 4.8% over the projected period.
The United States has the presence of leading manufacturers of the palletizing cell. In addition, growing chemical, automotive, and pharmaceutical industries across the United States is likely to boost the demand for palletizing cell over the forecast period.
The United States has the largest pharmaceutical industry across the globe. The United States accounts for 45.0% of the global pharmaceutical market and 22.0% of global pharmaceutical production.
Palletizing cells can become very useful in the pharmaceutical industry as handling medicine is a very challenging task. It is necessary to have safe and careful transfer where the palletizing cell can be useful. This is expected to boost the demand for palletizing cell market over the forecast period as it is widely used for loading, unloading, and storage purposes.
What factors influence the Sales of Palletizing Cell in China?
Chinese chemical industry is witnessing high growth opportunities, due to the presence of significant raw materials, cost-effective labor, and government initiatives to supplement chemical industry growth. The flourishing chemical industry requires labor to manage raw materials and finished products effectively and prevent damage which can be hazardous.
In order to, reduce labor costs, eliminate occupational injury instances, and effectively manage goods and material boxes, the requirement for palletizing cells arises. Hence, mushrooming the chemical industry, for instance, China's chemical industry is valued at over US$ 1.5 trillion and is expected to continue its growth over the forecast period, to drive palletizing cell sales growth.
It is anticipated that China will lead the palletizing cell market in the forecast period and will grow at a CAGR of 6.9% and increases the sales of the product.
How Chemical Industry Increases the Demand for Palletizing Cell?
With the flourishing chemical industry, for instance, the chemical industry is valued at over US$ 4.5 trillion in 2021 and is expected to grow at over 5% CAGR in the forecast period. Owing to this, the palletizing cell market is anticipated to witness high growth opportunities as handling sensitive chemicals is a risk-associated task any mishandling can lead to occupational injury and which is unhealthy for both workers as well as the company.
To prevent such issues and handle chemicals effectively use of palletizing sales increased. Palletizing sales not only palletize chemicals as per their carton or box size but also store them at the destined location. Thus, limiting human exposure to chemicals. The aforementioned factors are driving the adoption of palletizing cells in the chemical industry.
The chemical industry in the palletizing cell market is anticipated to grow at 4.7% CAGR in the forecast period
Which Application is Expected to have a Positive Impact on Palletizing Cell Market?
. Manufacturers across various industries witness problems in handling cartons of both raw materials and finished goods. Further, storage units for the worker to manage or transport heavy boxes is a difficult task and it also creates the risk of accidents or falls in case of storing goods on high shelves.
Owing to this the use of palletizing cells increased it not only effectively handles boxes but also sorts them according to size and stores them properly, eliminating the risk of falls or product damage. Storage turns out to be the major application for the palletizing cell in manufacturing industries.
The growing use of palletizing cells for storage purposes is anticipated to grow at the highest CAGR of 4.9% between 2023-2033. Storage the application of the palletizing cell is forecasted to reach a valuation of US$ 1.0 billion by the end of the forecast period.
Market Titans Key Strategies
Prominent palletizing cell manufacturers are Moller North America Inc., Grand Rapids, JR Automation Holland, Applied Manufacturing Technologies Orion, American Newlong, Chantland MHS Dakota City, TopTier Palletizers Portland, Brenton LLC, Eriez Other Players.
Market players have invested heavily in the research and development of palletizing cells for the betterment of the product as industrial manufacturers are preferring robotic palletizing cells over conventional cells. Market players are also offering customized as well as rental solutions which enable small businesses to utilize the palletizing cell. Further, long-term trade relations of market players with suppliers and well-established distributors to spur the sales outlook.
Fact.MR has provided detailed information about the price points of key manufacturers of palletizing cell positioned across regions, sales growth, production capacity, and speculative technological expansion, in the recently published report.
Segmentation of Palletizing Cell Industry Research
By Application :
By End-Use Industry :
- Food & Beverages
- Pharmaceutical Industry
- Construction Industry
By Region :
- North America
- Latin America
- East Asia
- South Asia & Oceania
- FAQs -
The global palletizing cell market is valued at US$ 1.3 billion in 2023.
During 2023-2033, sales of palletizing cell increased at 5.2% CAGR.
Europe tops the global palletizing cell market accounting for 30.1% market share.
The chemical industry holds a 23.9% market share of the global palletizing cell.
Storage accounts for a 44.5% share of global sales.
The chemical and automotive industry is likely to dominate the global palletizing cell market during the forecast period.
Market players include Applied Manufacturing Technologies Orion, Chantland MHS Dakota City, TopTier Palletizers Portland, JR Holland, American-Newlong Inc, and Brecton LLC.