How will cost efficiency drive the Packaging Automation Market to be worth $118.8 billion by 2031?

The latest market research report titled “Packaging Automation Market by Offering (Solution, Services), Type, End-use Industry (Healthcare & Pharmaceuticals, E-commerce & Logistics, Food & Beverage, Chemical & Refinery, Aerospace & Defense), and Geography—Global Forecast to 2030” forecasts that the global packaging automation market will reach $108.2 billion by 2030, growing at a CAGR of 9.8% from 2023 to 2030.

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Packaging automation refers to the use of automated technologies to handle packaging processes with minimal manual input. Automated systems have evolved from single-function machines to comprehensive solutions integrating all packaging stages. This shift has significantly boosted production efficiency, speed, and quality control.

The market’s expansion is mainly driven by the rapid growth of the E-commerce industry, increased adoption of automation across various sectors, and strict food safety regulations. However, the high initial costs associated with automated systems present a challenge. Despite this, the logistics industry’s demand for automation and the push for eco-friendly packaging are expected to create growth opportunities. The shortage of skilled operators remains a challenge, but the integration of advanced technologies and smart packaging trends are key market drivers.

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