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Palletizer Market Share

Report ID: GMI9012
Published Date: Apr 2024
Report Format: PDF

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Palletizer Market Share

ABB Group and Krones AG hold a significant share of over 10% in the market. ABB Group and Krones AG are leading providers of innovative palletizing solutions. ABB Group specializes in robotic palletizers, offering advanced automation technology for efficient palletizing across various industries. Krones AG provides comprehensive palletizing systems tailored to the specific needs of the food & beverage, pharmaceuticals, and consumer goods sectors.

Some of the major players in the market are Premier Tech Chronos, BEUMER Group GmbH & Co. KG, Fuji Machinery Co., Ltd. These major players apply strategies such as product innovations, and mergers & acquisitions. Also, companies are involved in several growth and expansion strategies to gain a competitive advantage in the market.

Palletizer Market Companies

Major players operating in the industry are:

Norsonic AS
Krones AG
Premier Tech Chronos
BEUMER Group GmbH & Co. KG
Fuji Machinery Co., Ltd.
ABB Group
Honeywell Intelligrated

Authors: Avinash Singh, Sunita Singh

Frequently Asked Questions (FAQ) :

Industry size for palletizer registered USD 2.8 billion in 2023 and will demonstrate a 6.1% CAGR between 2024 and 2032 owing to increasing need for automation and efficiency in material handling processes across various industries.

The food & beverage segment captured 33% of the palletizer industry share in 2023, attributed to the increasing demand for efficient and hygienic packaging solutions in food processing and beverage production.

Asia Pacific industry secured 27% revenue share in 2023, driven by the rapid industrialization and automation of manufacturing processes, the rise of e-commerce and the need for efficient material handling solutions.

Key players operating in the market are Norsonic AS, Krones AG, Premier Tech Chronos, BEUMER Group GmbH & Co. KG, Fuji Machinery Co., Ltd., ABB Group, and Honeywell Intelligrated among others.