The Global Retail Automation market is expected to register a global CAGR of 11.7% during 2017 – 2027, with North America, Western Europe, and APEJ accounting for significant market value shares by the end of the forecast period.
Growing demand from e-commerce industry has been regarded as a vital factor that is expected to support growth prospects of FMCG packaging market in the forthcoming years. E-commerce sector is one of the major contributors in increasing revenue growth of FMCG packaging market. This sector’s growth is attributed towards rising demand for protective packaging for delivering small-sized products coupled with the convenient packaging options.
Global FMCG market online sales grew by 26% in 2016, revealed by Kantar Worldpanel’s quarterly FMCG E-commerce Index. FMCG goods have limited shelf life and costs low. This necessity has led the global FMCG manufacturers to look for efficient and low-cost packaging and packaging systems. The large volumes of FMCG goods have to be bundled in a faster way. Shrink-sleeve wrapping machines are used to wrap the polyethylene (PE) shrink films around the group of products both similar and non-similar.
Every manufacturing line up ends with packaging line followed by labelling. As the manufacturing process are being automated the packaging line have also evolved from manual one to sophisticated fully automated packaging systems that requires minimum human interference.
Consumer goods are coded and marked during transportation. Several methods are used by different players in the logistics industry. One such method of coding goods is a fiber laser coding system. This system is used to directly mark unique identification features on several materials.