World News: 14:09 GMT Friday 10th August 2018. [Research and Markets via Businesswire via SPi World News]
The "Global Palletizer Market - Growth, Trend and Forecasts (2018 - 2023)" report has been added to ResearchAndMarkets.com's offering.
The palletizer market was valued at USD 2.15 billion in 2017, and it is projected to reach a value of USD 2.9 billion by 2023, at a CAGR of 5.21%, over the forecast period, 2018-2023.
As manually placing boxes on pallets can be time-consuming and expensive, and it can cause unusual stress to workers, palletizers are used to automate the pallet building process in a warehouse, distribution, or manufacturing facility.
For long production runs with the same stock keeping units (SKUs) and same-size cases, a conventional palletizer is preferred. However, robotic palletizers are more flexible and reliable for palletizing multiple SKU pallets.
In the current fast-paced economy, retailers and distribution centers are shipping fewer pallets with a single SKU and generating more mixed-case pallets with multiple SKUs. Thus, robotic palletizers are expected to be used more than conventional ones, for palletizing.
Key Developments in the Market
Key Topics Covered
2 Research Approach and Methodology
3 Executive Summary
4 Market Dynamics
5 Global Palletizer Market Segmentation
6 Competitive Intelligence - Company Profiles
For more information about this report visit https://www.researchandmarkets.com/research/cvp5nv/global_palletizer?w=4
Business Wire: 14:09 GMT Friday 10th August 2018
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