Global Industry Analysts (GIA) released a global report on palletizing machinery markets, revealing that the global market for palletizing machinery is forecast to reach $706.74 million by the year 2017. Key growth drivers include changing consumer preferences, a well-diversified portfolio of end-use industries, technological advancements and safety concerns.
Within that market, robotics and more advanced automatic solutions are growing in demand due to breakthroughs in technology, the need to enhance speed and quality of packaging lines, plus the quickly changing dynamics of marketing and consumer preferences.