Ageing populations spell a robotic future for food and drink retailers

3 months ago
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Retailers are increasingly adopting robotic solutions in response to labor shortages caused by aging populations and declining birth rates in developed countries, particularly in Europe, Japan, and South Korea.

GlobalData’s report highlights the growing need for automation as the working-age population continues to shrink, leading to significant talent shortfalls in industries like hospitality.

Robotics, offering high efficiency and low maintenance, are seen as a viable solution, with the service robot market expected to grow substantially by 2030.

Early examples of robotics in foodservice, such as Tesla’s humanoid robot and Chipotle’s Autocado, demonstrate the potential of these technologies to address staffing challenges, Global Data has reported.

read more: https://finance.yahoo.com/news/ageing-populations-spell-robotic-future-153719184.html

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