Global Packaging Automation Market: Key Trends and Growth Drivers
Packaging is one of the significant elements of the product manufacturing process. It aids in protecting the products from physical damage, dust, and various other factors, adding further value to the products. In order to attain maximum profits, cost cutting becomes important in the light of intense competition and increasing globalization of manufacturing. Standardized HMI helps in reducing the learning curve required for training machine operators. HMI templates that are designed to offer consistent look and feel help the end users to reduce training and development time. While creating customizable and standardized HMIs, screen and navigation options are planned for various uses, so that the screens are easily customized as per the machines efficiently.
Safety regulations are major concerns among manufacturers especially in health care and food and beverage industry, more so in emerging economies such as India, China, and Latin America. Safety regulations can be adhered to by developing applications which include automated reporting capabilities that helps in generating brief reports for each packaging line.
Automation helps in reducing labor cost both directly and indirectly as well. Directly in the sense that every task that is done autonomously requires no labor force, thereby, cutting down the cost. Indirect labor saving is attained through automation that helps in reducing scraps, defective packaging, material handling and component orientation time. Large industries where bulk of items are packed per minute require robotic automation to fulfil the packaging demand. Application of automated machines means it requires less labor to accomplish the packaging process, thus lessening the labor cost in the long term period. Automation is boosting the demand of packaging automation in the global market since the present automated machineries needs less maintenance, thereby reducing the machine downtime. Investment in automatic equipment is costly that is easily recoverable; but smaller companies do not want to invest huge amounts as they do not want to take risks at the preliminary stage.