The global Palletizing Machine market is valued at 840 million US$ in 2017 and will reach 1390 million US$ by the end of 2025, growing at a CAGR of 6.6% during 2018-2025.
City of Industry, CA -- (SBWIRE) -- 07/25/2018 -- A palletizing machine is a machine which provides automatic means for stacking cases of goods or products onto a pallet.
Manually placing boxes on pallets can be time consuming and expensive; it can also put unusual stress on workers. In row-forming palletizing applications loads are arranged on a row forming area and then moved onto a different area where layer forming takes place. This process repeats until a full layer of goods and products are configured to be placed on a pallet.
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The palletizing machine industry competition is fierce worldwide. Some enterprises, like FUNAC, Fujiyusoki, TopTier, etc. are well-known for the wonderful performance of their palletizing machine and related services. The revenue of palletizing machine is related to downstream industries and global economy. As there will always be some uncertain in the global economy in the following years, the growth rate of palletizing machine industry may not keep that fast. But it is surely forecasted that the market of palletizing machine is promising.
In the coming years there is an increasing demand for palletizing machine in the regions of developing regions that is expected to drive the market for more advanced palletizing machine. More-intense competition, launches in introducing new products, increasing of spending on industry automation, retrofitting and renovation of old technology, increasing adoption of palletizing machine will drive growth in developing regions market.
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