Palletizing Systems Market is growing at a CAGR of 4.3% through the forecast period 2018-2023.

1
Palletizing Systems Market recorded revenue of
1385.5 million in 2017 and is estimated to grow
at a CAGR of 4.3 through the forecast period
2018-2023.
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2
America region is the largest market for
palletizing systems with a share of 30 of the
market in2017 and the value is estimated to grow
to 501 million by 2023 due to increase in the
growth of the automatic palletizes rising the
demand of the market. However, the growing
competition among manufacturers is contributing
for a significant growth rate of the market in
Asia-Pacific region. Palletizing machines market
is estimated to grow at a CAGR of 5.9 during the
forecast period of Asia-Pacific region.
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3
Selected Analysis Done in the Full Report
The popularity extends beyond multinational
companies to smaller packagers. In fact, robots
are seeing increased usage among the smaller
companies. Bag palletizer is the dominating
application it is followed by the case
palletizers. The market revenue of bag
palletizers was 591.9M in 2017 and is poised to
reach 754.8M till 2023, growing at a CAGR of
4.1 during the forecast. Case palletizers market
revenue of case palletizers was 295.5M in 2017.
This research says that, this is predicted to
reach 397.9M till 2023, growing at a CAGR of
5.0 during the forecast.
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4
Selected Driving Factors Mentioned in the Full
Report

• Robotics has become an essential part of the
  packaging domain. The palletizing systems market
  has grown at a rapid pace over the past few years
  and is likely to expand at a stupendous in the
  future as well.
• The development of new human machine interface
  controls, which are changing both conventional
  and robotic palletizers that offers features for
  handling multi-case sizes, layers of product and
  patterns are anticipated to expand the growth of
  palletizing systems market.

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5
Key Players of the Palletizing Systems Market

• ABB Flexible Automation Inc. (U.S.)
• A-B-C Packaging Machine Corporation
• Acepak Automatics
• ACMI
• Adaptive Innovations Corp.
• And 15 more

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