Meticulous Research®—a leading global market research company—published a 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 2031.’
According to this latest publication from Meticulous Research®, the global packaging automation market is projected to reach $118.8 billion by 2031, at a CAGR of 10.1% during the forecast period. The growth of the packaging automation market is mainly attributed to the rapid growth of the e-commerce sector, the increasing adoption of automated systems across industries, and stringent food safety regulations. However, the high initial costs of installing automated systems restrain the market’s growth.
Market Forecasts for 2024–2031
Looking ahead, industry experts anticipate continued strong growth in this market. Projections indicate that by 2031, the overall value of the packaging automation market could surge to between $114 billion and $170 billion. This translates into a compound annual growth rate ranging from 7 to 10 percent, with many analysts converging around an approximate 8 percent yearly increase. The Asia-Pacific region is expected to remain the fastest-growing market due to ongoing industrial expansion and rising demand for smart packaging technologies. North America and Europe will continue to maintain substantial market shares driven by innovation and sustainability initiatives.
Major Growth Drivers
The rapid expansion of e-commerce has pushed companies to adopt fast, flexible packaging lines capable of handling diverse product sizes and meeting fluctuating customer demands efficiently. Advances in technology, particularly in robotics, artificial intelligence (AI), and the Industrial Internet of Things (IIoT), have made automation smarter and more adaptable with real-time monitoring, predictive maintenance, and improved quality control. Growing emphasis on sustainability is encouraging companies to reduce packaging waste, lower energy consumption, and use recyclable or biodegradable materials, where automation helps optimize these goals. Labor shortages and increasing wages are motivating businesses to automate repetitive or high-precision tasks to maintain consistent productivity.
Restraints and Challenges
The initial cost of implementing automation systems remains high, often placing advanced technology out of reach for smaller manufacturers. Shortages of skilled workers who can operate and maintain complex automated equipment present hurdles, especially in emerging markets. Retrofitting legacy production lines can be costly and disrupt ongoing operations, delaying modernization efforts. Increased connectivity introduces cybersecurity risks that companies must carefully manage.
Opportunities and Emerging Trends
Smart packaging solutions, including recyclable and biodegradable materials combined with automation, are gaining traction as consumer and regulatory pressures mount. The use of digital twins—virtual replicas of packaging lines—allows companies to simulate processes, identify bottlenecks, and conduct proactive maintenance remotely, increasing efficiency. Subscription-based models such as Robotics-as-a-Service lower barriers to entry for small and medium companies by reducing upfront costs and enabling scalable solutions. Customized packaging and modular automation setups are becoming more common to meet diverse product demands and shorter product lifecycles.
Key Players
ABB, Ltd. (Switzerland), Robert Bosch GmbH (Germany), Siemens AG (Germany), Fanuc Corporation (Japan), Mitsubishi Electric Corporation (Japan), Swisslog Holding AG (Switzerland), Rockwell Automation, Inc. (U.S.), Schneider Electric SE (France), WestRock Company (U.S.), SATO Holdings Corporation (Japan), Krones AG (Germany), Automated Packaging Systems, Inc. (U.S.), Emerson Electric Co. (U.S.), Cra
Competitive Landscape
Competition in the packaging automation sector is fierce and innovation-driven. Companies continuously enhance hardware, introduce AI-powered software, and develop integrated systems that combine robotics, vision systems, and IoT technology. Collaborations and mergers are frequent, reflecting a trend toward offering turnkey automation that addresses both operational efficiency and sustainability challenges.
Recent Developments
In recent years, there has been a surge in advanced automation offerings, including AI-powered visual inspection systems, digital twin technology for real-time simulation and optimization of packaging lines, and modular robotics that streamline deployment. Furthermore, energy-efficient machinery and cybersecure connected systems are becoming the norm to meet both consumer expectations and regulatory requirements. Innovations such as robotics-as-a-service provide flexible access to automation, especially benefiting smaller enterprises. Sustainability remains a critical driver, with companies focusing on packaging solutions that reduce waste and environmental impact.
Download Sample Report Here @ https://www.meticulousresearch.com/download-sample-report/cp_id=5324
Contact Us:
Meticulous Research®
Email: sales@meticulousresearch.com
Contact Sales—+1–646–781–8004
Connect with us on LinkedIn—https://www.linkedin.com/company/meticulous-research
