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

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

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The global palletizing systems market has experienced an increase in demand lately. The 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. Automatic technique used in palletizing systems was a major share accounting for $812million in 2017 and is expected to grow at a healthy CAGR of 5. % through the forecast period 2018-2023. – PowerPoint PPT presentation

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Title: 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

Download Sample Report
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6
You Can Customize the Report as Per Your Need. We
have included Some Customization Options
Company Profile
Analyst Briefing
Data Tables
Key Contacts
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7
About IndustryARC
IndustryARC is a research and consulting firm
that publishes more than 500 reports annually in
various industries, such as Agriculture,
Automotive, Automation Instrumentation,
Chemicals and Materials, Energy and Power,
Electronics, Food Beverages, Information
Technology, Life sciences Healthcare. IndustryA
RC primarily focuses on Cutting Edge Technologies
and Newer Applications of the Market. Our Custom
Research Services are designed to provide
insights on the constant flux in the global
demand-supply gap of markets. Our strong analyst
team enables us to meet the client research needs
at a very quick speed with a variety of options
for your business.
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