What is Bag Palletizer?
A bag palletizer is a machine or a system that is widely used in various industries for automatically sorting, transferring, and stacking cases of goods or products onto a pallet and reducing injuries. It is ideal for bags of chemicals, abrasive powders, corrosive materials, and even explosive materials. With the change in time and automation era, bag palletizers have become an essential part of palletizing with increased operational efficiency and ROI. Automatic palletizers are effective in multiple production lines and provide enhancement at the workplace by eliminating manual handling of palletizing.
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Unit | Value (USD Million) |
Key Companies Profiled | ABB Ltd. (Switzerland), Beumer Group (Germany), Alligator Automation (India), Cermex Group (Sidel) (France), KHS GmbH (Germany), Kuka AG (Germany), BW Flexible Systems (United States), Chantland MHS (United States), Ehcolo (Denmark), Rothe Packtech (India) and Volm Companies Inc. (United States) |
The study covers a detailed analysis segmented by key business segments i.e. by type (Robotic Bag Palletizer, Conventional Bag Palletizer and Hybrid Palletizer) , by application (Food & Beverages, Pharmaceuticals, FMCG Industry, Chemical, Agriculture Products and Others) and major geographies. Research Analyst at AMA predicts that United States Manufacturers will contribute to the maximum growth of Global Bag Palletizer market throughout the predicted period.
The competition is expected to become even more intense in the years to come due to the entry of several new players in the market. To help clients improve their revenue shares in the market, this research study provides an in-depth analysis of the markets competitive landscape and offers information on the products offered by various leading companies. Additionally, this Bag Palletizer market report suggests strategies that Manufacturers can follow and highlights key areas they should focus on, in order to take maximum benefits of growth opportunities.
The report offers several leading Manufacturers, some of them are ABB Ltd. (Switzerland), Beumer Group (Germany), Alligator Automation (India), Cermex Group (Sidel) (France), KHS GmbH (Germany), Kuka AG (Germany), BW Flexible Systems (United States), Chantland MHS (United States), Ehcolo (Denmark), Rothe Packtech (India) and Volm Companies Inc. (United States).
Market Overview:
In January 2020, Volm Companies announced that its partner Manter International B.V. acquired stake in palletizing company Solidtec BV. Solidtec is a Netherlands-based palletizing system manufacturing company. The deal expands Volm’s palletizing portfolio by offering both robotic and conventional palletizing solutions. The acquisition will also help Volm to meet the increasing demand for palletizing systems in North America.
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches, and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies.
Influencing Trend:
Growing Popularity of Robotic Bag Palletizer Due to Its Ability to Handle One or More Units at a Time
Market Growth Drivers:
Need for Bag Palletizer to Provide Improved Safety to the Workers and Increase Operational Efficiency and Increasing Adoption of Machinery and Industrial Automation Will Create Significant Growth
Challenges:
Need for Skilled Workforce or Proper Training to the Existed Workforce
Restraints:
High Cost of Initial Investment and Expensive Re-programming Process
Opportunities:
Rapidly Growing Food & Beverages and FMCG Industries Across the Globe Will Create Opportunity for the Market
Key highlights of the Global Bag Palletizer market Study:
CAGR of the market during the forecast period 2022-2028
In-depth information on growth factors that will accelerate the Bag Palletizer market in next few years.
Detailed Insights on futuristic trends and changing consumer behavior
Forecast of the Global Bag Palletizer market size and its contribution to the parent market by type, application and by country.
A broad view of customer demand
Uncover markets competitive landscape and in-depth information on various Manufacturers
Comprehensive information about factors that will challenge the growth of Bag Palletizer Manufacturers
Transformation and Important Triggers:
Business transformation has taken hold across the broad corporate landscape due to the confluence of several important triggers, including:
A tipping point in globalization
A major slowdown in Western economies
Significant shifts in technology and cost structure
The challenges of regulatory compliance
New forms of competition developing
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Bag Palletizer market.
In order to reach an exhaustive list of functional and relevant players, various industry classification standards are closely followed such as NAICS, ICB, and SIC to penetrate deep into important geographies by players, and a thorough validation test is conducted to reach the most relevant players for survey in Bag Palletizer market.
In order to make a priority list sorting is done based on revenue generated based on the latest reporting, using paid databases such as Factiva, Bloomberg, etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment> by targeting key target audience that includes Raw Material Suppliers, New Entrants/Investors, Analysts and Strategic Business Planners, Bag Palletizer Manufacturers, Suppliers and Distributors of Bag Palletizer, Venture Capitalists and Private Equity Firms, Government Regulatory and Research Organizations, End-Users and Others.
This helps us to gather the data for the players revenue, operating cycle and expense, profit along with product or service growth, etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that include Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, Annual reports, press releases, etc.