An important role is played by packaging in product marketing, as it’s among the most significant factors that decide the product’s sales. Over the past few decades, with the launch of robotics and automation, production lines around the globe have experienced noteworthy revolution. High competition levels and the rising emphasis on decreasing the dispatch time have inclined manufacturers around the globe to automation, in an attempt to maintain high levels of efficiency and throughput.
The need for global packaging automation is primarily fueled by the rise in rate of manufacturing activities and industrialization on account of rising population, decrease in the labor cost as automatic packaging need less manual efforts, and increase in industries utilizing automation comprising healthcare & pharmaceuticals, food & beverage, and e-commerce & logistics industry, automotive, chemicals, and others. In addition, the utilization of automated packaging provides fast and improved productivity, thus promoting the growth of the global packaging automation market.
The other factors propelling the global packaging automation market expansion comprise increasing safety concerns among the producers. Also, strict safety regulations are projected to drive the market growth in the years to come. The rising startup industries and the growing implementation for the packaging automation technology in budding countries are also expected to fuel the expansion of the global packaging automation market.
Furthermore, the need to maintain the quality of production is also envisioned to increase the need for packaging automation in the coming period. In addition, the dearth of skilled labor and the mounting per capita income of budding economies are anticipated to drive the global packaging automation market growth. And as several nations are under shut down on account of the fatal coronavirus outbreak, stock up on essential provisions like dairy products, medicines, disinfectants, face masks, food, sanitizers, and many more have been deemed important. All these products need packing with their manufacture being greater than ever before. This is further anticipated to drive the growth of the global packaging automation market.
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