Asia Pacific Packaging Automation Market - By Solutions, Products, End Users, Countries And Vendors - Forecasts, Trends And Shares (2014- 2019)
LONDON, Oct. 21, 2014 /PRNewswire/ -- This region is home to more than half of the human beings in the world. The region has a steady economic growth. The GDP growth for 2014-2015 is forecasted to be more than 5% which is helped by growth in economies, robust credit growth and good labour markets.
China, India and Japan are the leading exporters of goods to various parts of the world. China exported more than $2 trillion worth of goods around the world. This push of goods around the world from all the countries in this region helps the packaging industry grow at a rapid pace. The exports vary from industrial goods to homecare to stationary etc. For all these product there is a lot of packaging involved to protect the good from any damage.
This enormous expansion of exports from this region is helped by the automated packaging methods because it helps to increase the speed of packing a good. As the demand for packaging increases the, demand for automated packaging also increases.
Increasing competition is forcing manufacturers to take steps that reduce the costs of their packaging processes. Those who are not moving with time are at risk of losing market share as well as possibility of being pushed out of the market place. Adopting cost cutting measures means automating different manual processes and increasing the level of semi-automation process. Packaging was a completely manual process, before packaging automation made an impact.
Processes like filling, labelling, bagging, palletizing, capping and others have been automated. No more manual intervention is required for these processes. Different enterprises manufacturing products like food, pharmaceuticals, cosmetics, personal care, beverages and even warehouses are increasingly using such automation solutions to streamline their business processes as well as reduce operating costs.
There are various concerns for the region like inflation problems, inadequate supply chains, restrictions by the governments, uncertain consumer behaviour and fierce completion from domestic retailers. All these problems affect the flexible packaging market.
These problems can be allayed by the fact that the governments in this region are opening the markets to companies from abroad. Policies are being changed by the governments to attract more investment. Also they are implementing new projects to help the infrastructure to support the supply chain.
There are many vendors who are manufacturing different packaging automation solutions. Some of them mentioned in the report are ABB, Mitsubishi, Schniedier Electric, Rockwell Automation, Swisslog, and Rockwell Automation.
Reasons to buy this report
1) Report gives complete market insights, the driving forces of the market, the challenges market faces, and overview of different packaging testing technologies and their applications
2) It gives market trends of type of package testing technology
3) A complete market breakdown has been done by different countries to give a detailed picture of the market in that particular region
4) The report also gives information of major enterprises providing Package Automation solutions, their existing share in the market, strategies they adopt along with their automation solutions, financials, recent developments and profile of these vendors.
Who should be interested in this report?
1) Vendors who are into manufacturing of different packaging automation solutions as they can get an overview of what competitors are doing and also which markets they can look forward to expand their operations
2) Manufactures in need of better understanding of different packaging automation solutions and companies which are providing such services
3) Investors who are willing to invest in this market
4) Consultants who can have readymade analysis to guide their clients
5) Anyone who wants to know about this industry
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To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/asia-pacific-packaging-automation-market--by-solutions-products-end-users-countries-and-vendors--forecasts-trends-and-shares-2014--2019-197013498.html
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