Palletizing Robot Market

Palletizing Robot Market Outlook

The global palletizing robot market will reach a valuation of US$ 4,136 million in 2023 and expected to progress at a CAGR of 9.4% to reach US$ 10,156.7 million by the end of 2033.

De-palletizing type of palletizing robot is estimated to be valued around US$ 1,455.9 million with the market share accounting for 35.2% by 2023. Pharmaceutical & healthcare sub-segment under end use industry will value around US$ 810.7 million in 2023, capturing 19.6% market share of overall palletizing robot market.

Report Attributes	Details
Palletizing Robot Market Size (2022A)	US$ 3,747.2 million
Estimated Market Value (2023E)	US$ 4,136.0 million
Forecasted Market Value (2033F)	US$ 10,156.7 million
Global Market Growth Rate (2023-2033)	9.4% CAGR
North America Market Share (2023)	18.2%
North America Market Value (2023)	US$ 752.7 million
East Asia Market Share (2023)	43.1%
East Asia Market Value (2023)	US$ 1,782.6 million
China Market Share (2023)	30.3%
China Market Value (2023)	US$ 1,254.95 million
Market Share of Top 3 Countries	54.6%
Key Companies Profiled	Fanuc Kuka Robotics Corporation Kawasaki Robotics Yashkawa America, Inc. MMCI Robotics MHI RMH Systems Flexlink Mitsubishi Electric Fuji Robotics

Sales Analysis of Palletizing Robot (2018-2022) Vs. Market Outlook (2023-2033)

One of the most important pieces of equipment in automated material handling systems is the palletizer. In a warehouse, distribution centre, or manufacturing facility, the pallet construction process is automated using either traditional palletizers or robotic palletizers, depending on the requirements. Numerous various technologies could be used, depending on the palletizer, to assist the producer in creating the ideal pallet.

To maximize production and packaging applications, verticals like food & beverage, logistics, industrial packaging, and others rely on robotic palletizers & de-palletizers. Because robotic palletizing & de-palletizing systems can be used in extreme climatic conditions with optimum speed and accuracy, which are semi- and fully automatic robotic systems, are significantly replacing labor-intensive picking processes. In the coming years, the manufacturers will benefit from the growing preferences for automated packaging solutions, such as robotic palletizers and de-palletizers.

• Short Term (2023 to 2026): The palletizing robots market is expected to grow due to the rising technological advancement.
• Medium Term (2026-2029): United States and China being under spotlight as the countries are leading players in production of palletizing robotics. Increasing technological advancements are being backed by both developed and developing countries,
• Long Term (2029-2033): In developing countries the demand for palletizing robots is expected to grow due to the need to meet the increasing production capacity and optimum efficiency.

From 2018 to 2022, the global market for palletizing robots registered a CAGR of 7.1% Fact.MR, a market research and competitive intelligence provider, reveals that the market will exhibit growth at 9.4% CAGR between 2023 and 2033.

Market share analysis of palletizing robots based on type and region is provided in the above image. Articulated robot under the robot type segment dominates with 26.7% market share in 2023.

What’s Driving High Demand for Palletizing Robots across Regions?

“Operational efficiency have driven the market growth”

Large or heavy pallet loads cannot be manually palletized. Additionally, there is a very significant likelihood that improper handling of pallets may result in product destruction. The labor force also wants a variety of benefits for productive work and job satisfaction. When done manually, all these factors result in a slow rate of operation.

Despite their high initial cost relative to human costs, robotic palletizers and de-palletizers outperform the majority of the drawbacks of manual palletizing and de-palletizing in the long run, proving to be a highly productive and economical industrial solution. The need for routine machinery maintenance has decreased as a result of technological advancement. In comparison to manual palletizing, palletizing systems may work at a considerably higher rate without making any mistakes.

“Palletizing System Use in the Food and Beverage Industry is Growing, Driving the Market”

Many end-use industries, such as the pharmaceutical, chemical, personal care, and cosmetics industries use palletizing systems significantly. Due to its low cost, compact design, and high throughput rate, palletizer is ideal for end-line packaging of food and beverage products.

The food and beverage business has made considerable investments in automation, which have a wide range of positive effects on various production levels. Optimal coordination is required for ordering, manufacturing and packaging of goods till the time the goods reaches to the consumer.

It is no secret that automated palletizing technology can do duties more effectively and precisely, and vendors are constantly under pressure to provide goods in greater quantities and with more variety. Therefore, the food & beverage industry will likely to share the highest market growth.

What Could be the Restraining Factor for Palletizing Robots Market?

“Shift towards Robotics from Conventional Palletizers to be the Costly”

The expensive and sophisticated technology used in the palletizing process leads to less likely to be preferred by small and medium scale manufacturers. As the technology needs regular checks to ensure the optimum efficiency of the product. The initial cost involve in the product is also very high due to which small and medium scale manufacturers prefer conventional palletizers.

Additionally, palletizers with greater standards are more expensive and do not meet the needs of manufacturers with low and medium output levels. The higher cost factor is limiting the installation of palletizing robots across the end use verticals. However, to overcome this numerous market companies have discovered a chance in focusing on the needs of low output manufacturers and developing items that might increase a low output manufacturer's efficiency and stimulate their purchasing power.

Country-wise Insights

How Palletizing Robots market is skyrocketing in Germany?

The biggest producers and exporters of robots and agricultural goods geared toward consumers are Germany and Italy. The market in Europe is anticipated to be driven by ongoing technological R&D activity and government initiatives. For instance, the introduction of the "Impreza 4.0" national plan and the establishment of institutions like the Italian Institute of Technology or the Made Competence Center, which links Italian SMEs with 4.0 technologies, show the country's desire to create a robotics ecosystem.

Thus, the market for palletizing robots in Germany is anticipated to reach US$ 284.4 million and it will capture the 31% of market share by 2023 in Europe.

Why is the China Palletizing Robots Market Expected to Be Highly Lucrative?

The East Asia palletizing industry is likely to expand quickly. The chances provided to international palletizing suppliers for the expansion of their business. With the emerging economy, the introduction of innovative goods by local and foreign businesses is made as an effort to increase market share in the competitive market, China's beverage sector is growing. The country's expanding urban middle class and fast-paced lifestyle are contributing to an increase in food and beverage sales in China.

Although China has the biggest demand for industrial robots, there are only 68 robots for every 10,000 workers there. Numerous opportunities have been provided by the number of manufacturing and storage facilities in China leading to higher revenue opportunities.

Category-wise Insights

Which robot type is expected to surge the market?

As articulated robot take up relatively little space as they are potable and highly compact. Also, articulated robotic palletizers are highly desired by end users. Traditional palletizers and de-palletizers, in contrast, need more space and are therefore less popular in production or storage facilities.

Leading businesses like KUKA AG, FANUC Corporation, ABB Ltd, and others are implementing new technologies and methods to increase the operating speed and load handling capacity so that these improved machines can be used in locations where traditional palletizers are preferred due to their capacity for handling heavy loads and higher speed.

At the moment, articulated robots can function at a speed of about 5,000 cycles per minute and can handle loads up to 2,000 kg. Other modern technology aspects have also played very important roles aside from minimal space usage leading to higher adoption across vivid verticals.

Which end use is estimated to support market growth in the palletizing robot market?

In the palletizer robot industry, the pharmaceutical sector is also crucial. For unattended pharmaceutical manufacturing, fully automated palletizers are used. The sector is flourishing, supported by the pharmaceutical industries in Europe and Asia.

The expansion of palletizer in the cosmetic sector is driven by the Middle East & Africa region's growing interest in and demand for Halal-certified beauty products. Palletizer's expansion in the personal care market in APAC is being driven by the whimsical and inventive packaging of K-beauty trends.

Therefore, the pharmaceutical & healthcare will be highly fragmented in the assessment years and contribute the market share of 19.6% in the end of 2023 and expected market value will US$ 810.7 million by the end of 2023.

Competitive Landscape

All the industry leader in robotics are making their own strategy to stand out from other competitors in the palletizing market. The brands like Fanuc, Kuka Robotics Corporation, Kawasaki Robotics, Yashkawa America, Inc., MMCI Robotics, MHI, RMH Systems, Flexlink, Mitsubishi Electric, Fuji Robotics, ABBand others other leading players have rolled up their sleeves to enter the market and make their brand presence in the segment.

Palletizing robots are a divided market with both big and minor competitors. In order to succeed in such a competitive environment, firms must differentiate their products using cutting-edge technology and distinctive items. It may be necessary to lower product prices in this highly competitive climate in order to maintain market positions, which could have a detrimental effect on manufacturers' profit margins.

• At the PACK EXPO Las Vegas 2021 in October 2021, ABB and Covariant, an AI Robotics-based business, demonstrated their new pick-and-place system by fusing ABB's IRB 1300 robot and Covariant's artificial intelligence technology.
• The second-generation KR QUANTEC PA, which offers a reduction in cycle times with a payload of up to 240 kilos and food-grade NSF H1 lubricants, was unveiled by KUKA AG in January 2022 as the most effective and suitable palletizing robot for the food sector.
• FANUC CORPORATION announced in January 2021 that it had produced its 750,000th robot. The business claimed that its fully automated factory could produce 11,000 robots per month. Using its own robots, FANUC CORPORATION creates machine tools, controllers, and robots that are dependable, precise, quick, and easy operation.

Fact.MR has provided detailed information about the price points of key manufacturers of palletizing robot positioned across regions, sales growth, production capacity, and speculative technological expansion, in the recently published report.

Segmentation of Palletizing Robot Industry Research

• By Type:

  • Case Palletizing
  • Bag Palletizing
  • De-Palletizing

• By Range:

  • Below 1,000 mm
  • 1,000-3,000 mm
  • Above 3,000 mm

• By Payload:

  • Less than 100 kg
  • 100-300 kg
  • 300-500 Kg
  • Above 500 Kg

• By Robot Type:

  • SCARA
  • Cobots
  • Deltas
  • Articulated Robot
  • Gantry Robot

• By End Use Industry:

  • Discrete Manufacturing
  • Chemicals & Materials
  • Electrical & Electronics
  • Food and Beverage
  • Pharmaceutical & Healthcare
  • FMCG
  • Sports Equipment
  • Logistics & e-Commerce
  • Transportation & Warehousing
  • Others

• By Region:

  • North America
  • Latin America
  • Europe
  • East Asia
  • South Asia & Oceania
  • Middle East & Africa