Brazil Packaging Automation Market Size Set to Grow at CAGR of 9.4% during 2023–2029

Published | 03 January 2023

Brazil packaging automation market is gaining traction because of the increasing of industrialization in the country and rising government spending on advancing and automating the manufacturing and packaging sectors to increase overall output.

BlueWeave Consulting, a leading strategic consulting and market research firm, in its recent study, expects Brazil packaging automation market size to grow at a significant CAGR of 9.4% during the forecast period between 2023 and 2029. The expansion of industrialization in the country and rising government spending on advancing and automating the manufacturing and packaging sector to increase overall output are two primary contributing reasons to the Brazil automation packaging market's growth. Additionally, rising consumer disposable income is anticipated to support the growth of the Brazil packaging automation market during the forecast period, along with rising demand for highly durable products and multiple levels of quality checks during packaging in both domestic and international markets. However, the high cost of automation equipment and installation may act as a huge restraining factor for the market growth.

Brazil Packaging Automation Market – Overview

The act of packaging items without the assistance of a human being is known as packaging automation. Automated packaging systems have evolved over time from standalone devices that automate just one stage in the packaging process to systems that now seamlessly include all functions in the whole packaging process. It offers various advantages to industries including flexibility, zero downtime, higher quality control, and standardization. Along with these, packaging automation is also beneficial for the employees as it helps in improving speed and efficiency and reducing employee injury.

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Brazil Packaging Automation Market – By End–Use Industry

Based on the end–use industry, Brazil's packaging automation market is segmented into food & beverages, healthcare & pharmaceutical, automotive, e-commerce & logistics, chemicals, and others. The e–commerce & logistics segment accounts for the highest market share. The e–commerce portals are rolling out hundreds and thousands of packages every day which require quick packaging that maintains a high quality of the products. Implementing automation in packaging helps the e–commerce and logistics industry meet the demand as well as save labor costs and production time.

Impact of COVID-19 on Brazil's Packaging Automation Market

The COVID–19 pandemic affected the growth of the Brazil packaging automation market. The lockdown implemented by the government to curb the virus spread halted the operations of the various end–use industries including e–commerce and logistics, automobiles, and chemicals. Due to this, the demand for packaging automation registered a sharp decline in 2020. Furthermore, the industries suffered huge losses during this period, which limited their investments in the adoption of packaging automation. However, the pandemic is anticipated to offer great opportunities to the Brazil packaging automation market as automation ensures contactless packaging which prevents the spread of infectious diseases.

Competitive Landscape

Major players operating in Brazil packaging automation market include Amcor PLC, Klabin SA, Berry Global Inc., Westrock Company, Sealed Air Corporation, Sonoco Products Company, Avery Dennison Corporation, Automated Packaging Systems, Inc., and Rockwell Automation, Inc. These companies employ various strategies to further enhance their market share, including mergers and acquisitions, partnerships, joint ventures, license agreements, and new product launches.

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The in-depth analysis of the report provides information about growth potential, upcoming trends, and the Brazil Packaging Automation Market. It also highlights the factors driving forecasts of total market size. The report promises to provide recent technology trends in the Brazil Packaging Automation Market and industry insights to help decision-makers make sound strategic decisions. Furthermore, the report also analyzes the growth drivers, challenges, and competitive dynamics of the market.

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