Market Research News Packaging Automation Market | Page 3

Asia-Pacific region is the next biggest market holding the second largest market
of packaging automation. Likely, Asia-Pacific is anticipated to witness significant
growth
owing
to
rapid
industrialization
accompanied
by
increasing
manufacturing activities in this region during the forecast period. Furthermore,
china automotive market share is expected to show considerable growth owing
to rising demand for packaging automation from automotive industry. In
addition to this, positive GDP figures of Asia-Pacific region are also expected to
bolster the growth of packaging automation market by the end of 2024.
Latin America is also projected to show a tremendous growth over the forecast
period owing to rapid urbanization.
Market Segmentation
Our in-depth analysis segmented the global packaging automation market in the
following segments:
By Function
Case Packaging
Palletizing
Labeling
Bagging
Filling
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