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Packaging Robots Market to Worth US$ 7.5 Billion by 2032 at a CAGR of 7%

i4.0 today

Robots are capable of a wide range of tasks related to packaging, including picking and placing, boxing, palletizing, and warehousing. Packaging robots are preferred by many firms due to their enhanced supply chain efficiency, higher packaging effectiveness, and decreased operational costs.

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Collaborative robot market has strong long-term future

Control Engineering

Collaborative robot insights The collaborative robot (cobot) market dropped 20% in 2022 after a strong 2021, which led some to worry the market was heading for a downturn for the future. Following a rapid rebound in 2021 in the wake of the COVID-19 pandemic, the growth rate of the collaborative robot (cobot) market dropped to around 20%.