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The adoption of automatic palletizers by manufacturers in various industries is reducing the need for the workforce. This will enhance the operational efficiency, reduce the consumption of time, and minimize cost. Technavio’s market research report identifies that the need for better operational efficiency, performance, and flexibility in the palletizing process will be one of the primary growth drivers for the global palletizing equipment market till 2021. The speed of stacking is also enhanced in comparison to conventional palletizers. This will result in better time utilization and zero downtime. Palletized equipment minimizes errors associated with operations and also reduces the risk of accidents to workers. The adoption of robotic palletizers is increasing because they are flexible enough to handle multiple pallet patterns and mixed loads through simple reprogramming. Technavio’s market research analysts predict that this global market will post a revenue of close to USD 830 million by 2021.
Hybrid palletizers are designed by integrating the flexibility and repeatability of robotic palletizers and speed and reliability of conventional palletizers. The rising demand for hybrid palletizers is identified as one of the key trends that will gain traction in the global palletizing equipment market until the end of 2021. These palletizers can adapt to the changing weight, pallet patterns, and speeds. This, in turn, helps manufacturing companies in various industries to offer different packaging, enable quick product change-over, and handle very fragile products.
The palletizing equipment market is highly competitive and characterized by the presence of many vendors. The adoption of latest technologies and development of innovative equipment will strengthen the competitive environment in the market. The market is highly capital-intensive. This makes it difficult for local players to compete against global players in terms of features and price. Global players are increasingly focusing on expanding their footprint, especially in under-penetrated markets.
Key vendors in this market are -
Other prominent vendors in the market include American-Newlong, ABC Packaging, ARPAC, BEUMER Group, Brenton Engineering, Krones, Maschinenfabrik Mollers, Schneider, Premier Tech Chronos, and Hartness International.
The food and beverages industry is very dynamic due to the constant enhancement in terms of new packaging machine and techniques. Also, the consumption of processed food has increased due to the growing disposable income, urbanization, and better lifestyle habits. This, in turn, will boost the demand for packaged food products. Consequently, manufacturers are compelled to adopt safer methods for stacking the products in the pallet stacker. The automatic palletizing offers greater speed and precision. For instance, Laïta, a dairy cooperative in France, installed Pal-Vite 410 palletizing robot unit that is designed to overcome constraints such as space and ergonomics of manual palletizing.
The European economy is witnessing growth due to the growing income levels and European central bank (ECB) bond-buying program. This will drive growth in the food and beverages industry in EMEA. As a result, the need for palletizing equipment or palletizer machine will also increase. The demand for the palletizing equipment will continue to increase in the region for the next four years due to the rising investment and growth in the manufacturing segments.
PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
PART 03: RESEARCH METHODOLOGY
PART 04: INTRODUCTION
PART 05: MARKET LANDSCAPE
MARKET SEGMENT BY END-USER
PART 06: REGIONAL LANDSCAPE
PART 07: DECISION FRAMEWORK
PART 08: DRIVERS AND CHALLENGES
PART 09: MARKET TRENDS
PART 10: KEY VENDOR ANALYSIS
PART 11: APPENDIX
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