Packaging robots market set to grow at 9.3% CAGR, reaching $10.5 billion by 2032.
From GlobeNewswire: 2025-03-20 10:00:00
The Packaging Robots Market size was USD 6.02 billion in 2023, expected to reach USD 16.67 billion by 2032 with a CAGR of 11.98%. Key players include ABB, YASKAWA ELECTRIC, and Universal Robots. Cobots, Pick & Place Robots, and Consumer Goods are driving market growth. North America leads, while Asia-Pacific is surging due to automation adoption and industrialization. In January 2024, SORMA Group launched a new box-filling robot for post-harvest automation. Packaging robots market is set to grow at a CAGR of 9.3% from 2024 to 2032, reaching a value of $10.5 billion. Increasing demand for automation in packaging industry is driving this growth, with Asia Pacific region expected to dominate the market due to rising e-commerce activities.
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