Market News Today Packaging Automation Solution Market | Page 2

The driver to the packaging automation solution market is the quality conscious end-user and packing is not anymore a matter of choice that needs to be dealt with but more an important parameter that needs a lot of deliberation and equal inspection with product in concern. This increases the need for automation. The competition present in the industry is self-effacing and has an adverse impact on companies not willing to adopt good packaging practices. Automation has taken over from manual process and now completely obliterated the manual process. Mundane processes like palletizing, labeling, bagging, capping have come under the purview of automation function. Different product categories like pharmaceuticals, beverages, personal care, and even warehouses use automated solutions in the packing industry. The bottom-line is that operating costs have been reduced and businesses have been streamlined adding to the success of packing automation solution market. Restraints in the market could include impractical costs of installation of the automation plant. High maintenance costs also are an impediment to growth of the market. Segmentation by automation comprises filling, labeling, horizontal /vertical pillowcase, bagging, palletizing, capping, wrapping and others. By business, the packaging automation market includes B2Be-commerce retailers, B2C e- commerce retailers, Omni channel retailers, wholesale distributors, manufacturers, personal document shippers and others. Based on end-use, market is segmented into food and beverages, pharmaceuticals, chemical, warehouse, consumer goods and others. Inclusive growth in personal care, food and beverages industry is instruments of growth for packaging automation solution market. Asia Pacific with an emphasis on food and beverages industry has established itself as a growing market for automation in packaging industry. Request Sample Copy of this Market Research @ https://www.millioninsights.com/industry-reports/packaging-automation-solution-market/request-sample Europe is a saturated market and hence slow pace of growth is predicted. North America is expected to grow at a moderate pace owing to government initiatives in shoring up marketing facilities in the region. Increased presence of e-commerce set-ups and a prominent food packaging industry have endorsed market presence for North America in packaging automation solution market. A news article as of May 2016 suggests that technology has finally arrived and next generation packing involves traceability to monitor packages arriving at a specified location by inclusive techniques such as intelligent packaging, active packaging and modified atmosphere packing with sensors, RFID tags in well-knit operation. Key industries in this field include ABB, Mitsubishi, Schneider Electric, Rockwell Automation, and Swisslog.