Global End-of-line Packaging Market To Become Innovative Owing To Automation

2017-01-10
Published : Jan-2017

The global end-of-line packaging market is set for massive upheaval in the coming years. The intensity of competition in the market is predicted to upsurge as the manufacturers are concentrating on invention and giving lucrative resolutions to gain a viable advantage in the market. The global end-of-line packaging market is expected to see a 4.0% CAGR from 2016 to 2026. The market is likely to touch an estimation of US$ 4,070.5 million by next two years due to the upswing in industry automation globally.

Businesses are determined to gain a foremost position in the market and are therefore also eyeing ahead to decreasing their workforce expenses together with invention in the end-of-line packaging practices. The acceptance of mechanized end-of-line packaging is mounting dynamically in the industrial sector, thus compelling dealers to emphasize on cutting-edge automated systems and robotics.

Makers are primarily concentrating on inventive techniques in packaging set-ups and profitable solutions. This is one of the elements influencing the call for personalized integrated solutions in an optimistic way. End-use businesses are undergoing high demand for custom-made end-of-line packaging solutions. Hence, this fragment is awaited to observe growth in the near future. Additionally, growing demand for the high amount of automation in packaging and its rewards of condensed labor and packing outlays is predicted to pep the demand for end-of-line packaging solutions in the near future. Furthermore, the necessity of the makers to update manufacturing services is also predicted to foster the demand for end-of-line packaging machinery globally.

The global end-of-line packaging market is segmented into pharmaceuticals, electronics and semiconductor, food and beverages, chemical products, automotive, and consumer products. The food and beverages sector is anticipated to uphold a leading position throughout in the years to come. The automotive division has been recognized as the second most lucrative market for end-of-line packaging merchants. The automotive segment is also anticipated to increase at a 4.6% CAGR from 2016 to 2026 as regards to profits. The design and dimension of the production units and depositories are crucial aspects that are estimated to propel the implementation of tailored end-of-line packaging.

The profits of automated end-of-line packaging and setting up of robots consist of the drop in product loss, increasing accurateness, and low production cost. The upward inevitability for remodelling and refining the current industrial facilities is expected to motivate the progress of the global end-of-line packaging market. Employing automated end-of-line packaging will aid these businesses eliminate the excessive expenditures.

Read more on Manufacturing on:

http://www.sandlerresearch.org/market-research/manufacturing

Filed in:
More Reports
Title Price Buy Now

Stucco Market by Material (Cement, Aggregates, Admixture, Plasticizers, Bonding Agent), Type (Traditional, Insulated), Base (Concrete, Masonry, Tile), End-use (Residential & Non-residential), and Region- Global forecast to 2024

“Increasing consumption of stucco in the non-residential construction is projected to drive the overall growth of the stucco market across the globe from 2019 to 2024.” The stucco market is projected to grow from USD 10.9 billion in 2019 to USD 13.4 billion by 2024, at a Compound Annual Growth Rate (CAGR) of 4.2% from 2019 to 2024. The global stucco market has witnessed high growth primarily because of the increasing non-residential construction worldwide. Rapid industrialization and expansion in the emerging economies, coupled with an increasing need for sustainable and energy-efficient building solutions, are contributing to the increasing growth of the stucco market over the next few years. However, the preference of consumers for finished systems over stucco may hinder the growt......
$5650

Organ Preservation Market by Solution (UW/Custodiol HTK/Perfadex), Technique (Static Cold Storage/Hypothermic Machine Perfusion/ Normothermic Machine Perfusion), Organ Type (Kidneys/Liver/Lungs/Heart), Region – Global Forecast to 2024

“The organ preservation market is projected to grow at a CAGR of 6.5%.” The global organ preservation market is projected to reach USD 284 million by 2024 from USD 207 million in 2019, at a CAGR of 6.5%. The growth of the organ preservation market is mainly driven by the increasing incidence of multi-organ failure, the growing geriatric population, the rising number of organ transplants and organ donors, and increasing initiatives to encourage organ donations. However, the high cost of organ transplantations and religious concerns in specific geographies are expected to limit market growth to a certain extent. “The University of Wisconsin (UW) holds the market share in the solutions market.” Based on the Solution, the segment is divided into UW, Custodial HTK, Perfadex and......
$5650

Wireless Audio Device Market by Product (Speaker Systems, Soundbars, Headsets, Headphones, Microphones), Technology (Bluetooth, Wi-Fi, AirPlay), Application (Home Audio, Consumer, Commercial), Functionality, Region – Global Forecast to 2025

“The wireless audio device market is projected to grow at CAGR of 18.6% from 2020 to 2025, in terms of value.”                                                                                                                                                       The wireless audio device market is projected to grow from USD 57.3 billion in 2020 to USD 134.2 billion by 2025; it is expected to grow at a CAGR of 18.6% from 2020 to 2025. Surge in the global demand for infotainment devices, rise in use of wireless audio devices in commercial sector, and increased R&D expenditure by OEMs for the development of new and advanced wireless au......
$5650

Analytics as a Service Market by Component, Deployment Mode, Organization Size, Industry Vertical (BFSI, Telecommunications and IT, Healthcare and Life Sciences, and Retail and eCommerce), and Region – Global Forecast to 2024

The global analytics as a service market size to grow at a CAGR of 23.2% during the forecast period The analytics as a service market size is projected to grow from USD 4.3 billion in 2019 to USD 12.1 billion by 2024, at a Compound Annual Growth Rate (CAGR) of 23.2% during the forecast period. The major growth factors of the analytics as a service market include the increasing awareness of IoT devices among organizations, the need to manage huge workloads, and the growing adoption of big data analytics solutions for analyzing data, which helps make faster business decisions. The increasing concerns related to data privacy and security, and lack of analytical skills are the factors restraining the growth of the AaaS market. Services segment to grow at a higher CAGR during the forecast......
$5650

Optical Communication and Networking Equipment Market by Component (Fiber, Transceiver, and Switch), Technology, Application (Telecom, Data Center, and Enterprise), Data Rate, Vertical, and Region – Global Forecast to 2025

“Optical communication and networking equipment market projected to grow at a CAGR of 8.0% from 2020 to 2025” The global optical communication and networking equipment market size was valued at USD 18.9 billion in 2020 and is projected to reach USD 27.8 billion by 2025; it is growing at a CAGR of 8.0% from 2020 to 2025. Rising adoption of cloud-based services and virtualization services all over the world, increasing data traffic in tandem with internet usage, and the growing number of data centers are the factors driving the optical communication and networking equipment industry growth. “Optical communication and networking equipment market for fiber channel technology estimated to grow at highest CAGR” The market for fiber channel technology-based optical communication ......
$5650

Marine Actuators and Valves Market by Component, End User (OEM, Aftermarket), Mechanism (Pneumatic, Hydraulic, Electric, Mechanical, Hybrid), Application, Product (Actuators, Valves), Design Characteristics, Material, and Region – Global Forecast to 2025

Adoption of electric, compact pneumatic, explosion-proof actuators are expected to fuel the growth of the global marine actuator and valves market. The global marine actuator and valves market size is projected to grow from USD 3.2 billion in 2019 to USD 4.2 billion by 2025, at a CAGR of 4.7%from 2019 to 2025.The marine valves market is projected to grow from USD 1.5 billion in 2019 to USD 2.0 billion by 2025, at a CAGR of 5.0% from 2019 to 2025. The marine actuators market is projected to grow from USD 1.7 billion in 2019 to USD 2.3 billion by 2025 at a CAGR of 4.6%. Commercial and naval ship operators are demanding greater levels of efficiency and reliability to enable a reduction in direct and unscheduled operating costs. Various marine valve manufacturers, such as Emerson (US) and C......
$5650

Fatty Amines Market by Type (Primary, Secondary, and Tertiary), End Use (Agrochemicals, Oilfield Chemicals, Chemical Processing, Water Treatment), Function (Emulsifiers, Floatation Agents, Dispersants, Chemical Intermediates), Region – Global Forecast to 2024

“The fatty amines market is projected to grow at a CAGR of 6.5% from 2019 to 2024, in terms of value.” The fatty amines market is projected to grow from USD 2.9 billion in 2019 to USD 4.0 billion by 2024, at a CAGR of 6.5% from 2019 to 2024. The growing demand for agro chemicals in the agriculture industry, as well as the rising GDP in the Asia Pacific region, are driving the growth in the global fatty amines market. The complex production process of fatty amines is restraining the growth of the fatty amines market. “The primary fatty amines segment is projected to lead the fatty amines market in terms of both, value and volume from 2019 to 2024.” Based on type, the primary fatty amines segment accounted for the largest share of the fatty amines market in 2018. The primary......
$5650

Optoelectronic Components Market by Component (Sensor, LED, Laser Diode, and Infrared Components), Application (Measurement, Lighting, Communications, and Security & Surveillance), Material, Vertical, and Region – Global Forecast to 2025

“The optoelectronic components market to grow at CAGR of 5.0% from 2020 to 2025” The global optoelectronic components market size is projected to grow from USD 41.4 billion in 2020 to USD 52.7 billion by 2025, recording a CAGR of 5.0%. Emerging opportunities of optoelectronic components, R&D leading to product innovation, and promising industrial IoT applications provide major growth opportunities to market players. The optoelectronic components market is mainly driven by the increased use of infrared components in consumer electronics &automobiles, long life &low power consumption, demand for improved imaging &optical sensing solutions in the healthcare vertical, and suitable physical properties of optoelectronic sensors to operate in harsh environments. The availab......
$5650

Magnetic Separator Market by Type (Drum, Overband, Roller, Pulleys, Plates, Grates, and Bars), Magnet Type (Permanent Magnets, Electromagnets), Material Type, Cleaning Type, Industry (Mining, Recycling, Food & Beverages) & Region – Global Forecast to 2025

“Magnetic separator market projected to grow at a CAGR of 5.1% during 2020–2025” The global magnetic separator market is expected to grow from USD 725 million in 2020 to USD 928 million by 2025, at a CAGR of 5.1%. One of the major driving factors for the magnetic separator market is the increase in recycling rates across the world. Also, due to the stringent rules and regulations pertaining to quality in the food & beverages industry, the demand for magnetic separators is increasing. Expansion and urbanization in developing countries are also driving the growth of the magnetic separator market. However,the manufacturing of low-quality magnetic separators in developing countries restrains the market growth. “Based on standalone magnet type, magnetic separator market for......
$5650

Network Traffic Analyzer Market by Solution and Service (Professional and Managed), Deployment Type (Cloud and On-Premises), End-User (Enterprise, Service Provider, and Data Center), Organization Size, and Region – Global Forecast to 2022

Growing number of IoT driven-application areas to drive adoption of network traffic analyzer tools The global network traffic analyzer market size is projected to grow from USD 1.9 billion in 2019 to USD 3.2 billion by 2024, at a Compound Annual Growth Rate (CAGR) of 10.6% from 2019 to 2024.The advancements of Internet o Things (IoT)-driven technologies and cloud-based services have initiated the growth of networking infrastructures. IoT generates large data volume on the cloud leading to huge network traffic volumes. This leads to issues of both management and security. Organizations are implementing network traffic analyzer tools to provide Quality of Service (QoS) for data traffic, predictive threat detection, zero-day attack identification, alert precision and reduction, and network......
$5650
We use cookies to deliver the best possible experience on our website.
By continuing to use this site, or closing this box, you consent to our use of cookies. To learn more, visit our Privacy Policy