Packaging Automation Market size was valued at USD 74.5 billion in 2023 and is estimated to reach USD 197.9 billion by the end of 2036, growing at a CAGR of 8.4% during the forecast period, i.e., 2024-2036. In 2024, the industry size of packaging automation is estimated at USD 80.3 billion.
The demand for automated packaging is fostered predominantly by the boom in e-commerce. According to the International Trade Administration 2023, the global e-commerce market size is expected to surpass USD 5.5 trillion by 2027 with a growth rate of 14.4%.
Every level of the e-commerce process pipeline, including primary and secondary packing, labeling, and product tagging and marking offers a scope for packaging automation market adoption. The suppliers and manufacturers supporting industrial automation are loosening their grip on traditional assembly lines and embracing software subscription-based product packaging models. Products are becoming more personalized for end users, and companies are branching into new arenas of technology. Repetitive and challenging tasks in warehousing are becoming strategic points of the fulfillment process, where the adoption of automation is eliminating monotonous, tactical, and ergonomically harmful activities.
Author Credits: Abhishek Anil
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