Crate handling machines are used as a system to drop and pick up boxes and trays across several industry verticals including food and beverages, textile, agri-processing as well as logistics and supply chain. Crate handling machines is automatic controlled machine which need minimal manual intervention for moving crates.
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Plant operators across the globe realized the benefits of using crate handling machines, as these are suitable for large and heavy product movement, increase in productivity, and reduction in manual work and facilitates easy handling of crates. Industry stakeholders urge to leverage the expanding opportunity propelled them to move to automated machines, along with F&B sector's growth catalyzed the global crate handling machines market. Depending on the speed requirement, crate handling machines either comes as a pneumatic or servo driven mechanisms. Though, in markets which are largely characterized by high degree of automation, the servo driven model is largely preferred over the previous.
Crate Handling Machines Market : Market Dynamics
Crate handling machines market growth is largely attributed by growth in F&B, which is poised to grow at a CAGR of over 5% over next three years. The industry is likely to create an estimated 1.2X more opportunity than all other end use industries. Apart from food and beverages, crate handling machines are also preferred in fast moving consumer good manufacturing plants, where unit products within the plant are transported using crates.