Trade Resources Industry Views Demand for Packaging Increases, Demand for Automated Packaging Also Increases

Demand for Packaging Increases, Demand for Automated Packaging Also Increases

This growing demand for packaging is met by the automation packaging which helps speeding up the process of packaging of goods. As the demand for packaging increases the, demand for automated packaging also increases.

Increasing competition is forcing manufacturers to take steps that reduce 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.

The major problem with this market is the striking socioeconomic differences. The regions close to the urban areas have high GDP per capita which is very much different from the other regions. Also Brazil, Mexico and Argentina are the major driving force of the region and the other countries are still not the major drivers in terms of economy and FDI. With this region getting a lot of investment and support from countries like the US, the economic situation will improve and create more economic hubs across the region.

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.

Source: http://www.packagingnews.co.uk/news/rapid-growth-predicted-latin-america-packaging-market/
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Rapid Growth Predicted for Latin America Packaging Market