DUBLIN--(BUSINESS WIRE)--Aug 10, 2018--The “Global Palletizer Market - Growth, Trend and Forecasts (2018 - 2023)” report has been added to ResearchAndMarkets.com’s offering.
The palletizer market was valued at USD 2.15 billion in 2017, and it is projected to reach a value of USD 2.9 billion by 2023, at a CAGR of 5.21%, over the forecast period, 2018-2023.
As manually placing boxes on pallets can be time-consuming and expensive, and it can cause unusual stress to workers, palletizers are used to automate the pallet building process in a warehouse, distribution, or manufacturing facility.
For long production runs with the same stock keeping units (SKUs) and same-size cases, a conventional palletizer is preferred. However, robotic palletizers are more flexible and reliable for palletizing multiple SKU pallets.
In the current fast-paced economy, retailers and distribution centers are shipping fewer pallets with a single SKU and generating more mixed-case pallets with multiple SKUs. Thus, robotic palletizers are expected to be used more than conventional ones, for palletizing.
Key HighlightsIncreasing Demand for SCARA Robots in the Food Processing Industry to Drive the Market The Food and Beverage Industry to Lead the Palletizer Market North America is a Significant Region in the Global Palletizer Market
Key Developments in the MarketFebruary 2018 - Columbia Machine introduced HL9200 palletizer, which is designed to provide flexibility by incorporating variable lane position technology with soft turn case handling; and two configurable layer tables to provide stable layer forming.
Key Topics Covered
2 Research Approach and Methodology
3 Executive Summary
4 Market Dynamics
5 Global Palletizer Market Segmentation
6 Competitive Intelligence - Company ProfilesBastian Solutions Inc. Premier Tech Chronos Columbia Palletizing Inc. Intelligrated Inc. Dematic Corp. Statec Binder GmbH TMG Impianti SpA Guangzhou Tech-Long Packaging Machinery Co. Ltd. Murata Machinery Ltd. Brillopak Ltd.
For more information about this report visit https://www.researchandmarkets.com/research/cvp5nv/global_palletizer?w=4
View source version on businesswire.com:https://www.businesswire.com/news/home/20180810005227/en/
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Related Topics:Material Handling Equipment
INDUSTRY KEYWORD: SUPPLY CHAIN MANAGEMENT RETAIL FOOD/BEVERAGE
SOURCE: Research and Markets
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PUB: 08/10/2018 09:09 AM/DISC: 08/10/2018 09:09 AM