End-of-line Packaging Market by Size | Growth | Analysis | Trends and Forecasts to 2027



The end-of-line solution is specialized equipment used in the manufacture of the commodity as a whole. They can be either fully automated or semi-automated. The fully automated device involves safety monitors, computer vision, and even remote monitoring, which in turn leads to the development of quality goods. They eliminate the need for labor, since they are completely automated, and therefore reduce the chances of human error by increasing the efficiency of the overall operation. They are commonly used in the automobile, packaging, electronics & semiconductor, food & beverage and pharmaceutical sectors. 

By the end of 2027, the global end-of-line packaging market is expected to reach US$ 6.0 billion in revenue, rising at CAGR by 4.2 percent during the forecast years (2019 to 2027).

Market Trends

Advancement of end-of-line packaging technologies, such as the launch of robotic palletizing and depalletizing systems, is expected to drive market growth. In September 2019, ABB unveiled the company's new robotic technologies to help packagers handle high-mix, low-volume production at Pack Expo Las Vegas. This breakthrough would improve the productivity of packaging more goods on the same lines, moving between products with limited downtime and speeding up to maximum production speed for new products. 

The expansion of the retail sector in the Asia-Pacific area is expected to improve the end-of-line market growth. According to the India Brand Equity Base, the retail sector crossed CAGR USD 950 billion in 2018 and is forecast to hit USD 1.1 trillion by 2020. The expansion of the retail sector is therefore projected to stimulate demand growth throughout the forecast period.

To know the latest trends and insights prevalent in the global Sludge Treatment Chemicals Market, click here: https://www.globenewswire.com/news-release/2020/04/29/2024320/0/en/End-of-line-Packaging-Market-to-reach-US-6-0-Bn-globally-by-end-of-2027-Coherent-Market-Insights.html

Comments

Post a Comment

Popular posts from this blog

Canada Nano-Enabled Packaging For Food And Beverage Is Witnessing Massive Demand Due To Reduction In Waste And Cost-Saving

Image
  Canada nano-enabled packaging for food and beverage uses nanomaterials, using nanotechnology much smaller than 100 microns, to create packaging materials without adding toxic materials. Nano-enabled packaging for food and beverage has shown great acceptance in the packaging industry and is widely used in food & drink and medical packaging. This innovative packaging technology can be applied to a wide range of industries including cosmetics, pesticides, pharmaceuticals, automobiles, packaging solutions, textiles, rubber & plastic, and healthcare. This packaging offers a number of advantages over traditional packaging methods, which include recycling, reduction of waste, cost savings, reduced product vulnerability, and enhanced product life-cycle management. Its environmental benefit is also significant as it promotes the use of bio-degradable materials, improves energy efficiency, protects aquatic systems, and creates a safer working environment for workers. Currently, ...
Read more

Global Biofeedback Measurement Instrument Market to Rise During the COVID-19 Crisis Period Owing to Increasing Consumer Awareness

Image
  Increasing cases of neurological disorders, including depression, anxiety, ADHD, and other dementias, are expected to fuel the market growth of the biofeedback instrument market during the forecast period. For example, according to the World Alzheimer's Study released by Alzheimer's Disease International (ADI), new cases of dementia across regions in 2015 were 4.9 million (49.0 percent) in Asia Pacific, 2.5 million (25.0 percent) in Europe, 1.7 million (18.0 percent) in the Americas and 0.8 million (8.0 per cent) in Africa. In addition, according to Parkinson's UK, about 137,000 people in the UK suffered from Parkinson's disease in 2015. Parkinson's disease is the second most common age-related neurodegenerative condition after Alzheimer's. For example, according to Parkinson's UK, the estimated number of people with Parkinson's disease in Northern Ireland in 2015 was 241, 157 of whom were male and 85 were female. The global biofeedback instrument mark...
Read more

Global Automotive Pumps Market is expected to be valued at US$ 67214.51 Mn by end of 2027, Says CMI

Image
Market Overview Automotive pumps are important components of a vehicle or any other internal combustion engine to move fluids and increase fuel efficiency as well as vehicle performance. Generally, automobile pumps are used in a range of vehicle components, including steering, transmission, coolant, fuel and lubrication. Automotive pumps have seen considerable demand in order to provide environmentally sustainable solutions in the automotive industry. On the basis of vehicle type, the demand for automotive pumps has been segmented into passenger cars, light commercial vehicles and heavy commercial vehicles. On the basis of the distribution channel, the industry was segmented into the original equipment manufacturer (OEM) and the aftermarket.  The global Automotive pump market accounted for US$ 51,885.07 Mn in terms of value and 738,923 units in terms of volume in 2018 and is anticipated to expand at CAGR by 3.8% over the period 2019-2027. Market Opportunities Providing custom-made...
Read more