Global Packaging Robots Market is estimated to reach $5 billion by 20 Global Packaging Robots Market | Page 2

The global packaging robot market has been segmented on the basis of application, gripper type, and end
user. By application, the market is segmented into packing robots, palletizing robots, and picking robots.
The palletizing robot segment accounted for the largest market share in 2016, due to its huge demand in
loading and unloading of goods. The picking robot segment is expected to grow at the fastest CAGR during
the forecast period, owing to augmented demand of packaging robots in picking application such as FMCG
industries.
By gripper type, the market is further divided into vacuum gripper, claw gripper, clamp gripper, and
others. The vacuum gripper segment accounted for the largest market share in the overall gripper type
segment in 2016, due to its huge demand for secondary packaging applications in various industries such
as food and beverage, electronics, card board and film packaging, and others.
By end user, the market is bifurcated into food & beverages, consumer products, cosmetic & personal
care, pharmaceutical, tracking, logistics & transport, chemical manufacturing, and industrial packaging.
The industrial packaging segment dominated the end user segment accounting for more than one-third
of the total market share in 2016, driven by increasing demand for industrial robots across chemical and
electronic industries.
Based on geography, the global packaging robots market has been segmented into North America,
Europe, Asia-Pacific and (RoW). The U.S., Mexico and Canada are covered under North America wherein
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