From GlobeNewswire: 2024-11-13 09:59:00

Global Robotic Palletizer Market is set to reach USD 2.0 billion by 2024 and grow to USD 3.7 billion by 2033, with a CAGR of 7.0%. These automated machines stack products onto pallets, offering benefits like increased productivity and workplace safety. The US market is projected to hit USD 1.0 billion by 2033, driven by automation demand in logistics and manufacturing.

The global market is expected to grow by USD 1.5 billion with a CAGR of 7.0% from 2025 to 2033. Collaborative robots are set to dominate the market, with the food and beverage industry leading in revenue share. Asia-Pacific is expected to hold the largest market share of 34.8% in 2024.

Technological advancements are driving the development of hybrid palletizers and increasing demand for zero-damage handling. Robotic palletizers help reduce stacking errors, making them popular across various industries. Key players include Fanuc Corporation, Kion Group Ag, and ABB Flexible Automation Inc.

Labor shortages and skill gaps drive robotic palletizer sales, offering productivity gains over manual labor. However, high initial investment costs and barriers to adoption hinder market growth. Opportunities lie in increased adoption by SMEs and automation for addressing workforce challenges.

Asia-Pacific is expected to lead the market with a revenue share of 34.8% by 2024, driven by increased adoption of robotics and automation in manufacturing industries. North America is also witnessing growth due to rising labor shortages in manufacturing and logistics sectors. Key regions include North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa.



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