Growth Factors of Cartoning Machines Market
The global cartoning machines market is poised for steady growth, driven by increasing demand for efficient, automated packaging solutions across various industries. According to Fortune Business Insights, the market was valued at USD 2.4 billion in 2019 and is projected to reach USD 3.9 billion by 2032, exhibiting a compound annual growth rate (CAGR) of 4.1% during the forecast period.
Market Overview
Cartoning machines are packaging systems designed to form cartons for storing products, either manually or automatically, followed by folding or sealing the carton with glue for transportation. These machines are integral to industries such as food and beverage, healthcare and pharmaceuticals, and consumer goods, where efficient and reliable packaging is essential.
The Asia Pacific region dominated the global cartoning machines market in 2019, accounting for 36.94% of the market share. This dominance is attributed to the region's robust manufacturing sector, increasing consumer demand, and the growing adoption of automated packaging solutions.
Key Market Drivers
1. Technological Advancements:
Manufacturers are focusing on technological developments to meet the increased market demand for innovative and lightweight cartons. For instance, in January 2020, Marchesini Group S.p.A. introduced a reliable horizontal machine that can be adjusted according to product width and is equipped with a digital indicator.
2. Rising Demand in Food & Beverage Industry:
The food and beverage sector's growth, coupled with the need for efficient packaging solutions, has significantly contributed to the demand for cartoning machines. The COVID-19 pandemic further amplified this demand due to increased consumption of packaged foods.
3. Expansion of Healthcare & Pharmaceuticals Sector:
The healthcare and pharmaceuticals industry requires precise and hygienic packaging solutions. The transportation of healthcare and pharmaceutical products has generated the need for extra cartons, complementing the growth of the cartoning machines market.
Market Segmentation
By Type:
Vertical/Top-Load Cartoning Machines: These machines are suitable for products that can be dropped vertically into cartons.
Horizontal/End-Load Cartoning Machines: Ideal for products that are pushed horizontally into cartons, commonly used in the food and beverage industry.
By End-Use Industry:
Food & Beverage: The largest segment, driven by the need for efficient packaging of various food products.
Healthcare & Pharmaceuticals: Growing demand for safe and hygienic packaging solutions.
Consumer Goods: Increasing demand for packaged consumer products.
Challenges and Opportunities
Challenges:
Regulatory Compliance: Federal regulations in the United States and other countries governing the norms for safe handling instructions for cartons may hinder market growth.
Opportunities:
Integration of Turnkey Solutions: Integrating overall equipment effectiveness (OEE) enhancements with the adoption of turnkey solutions is a growing trend, offering opportunities for market expansion.
Emerging Markets: Rapid industrialization and urbanization in emerging economies present significant growth opportunities for the cartoning machines market.
Conclusion
The cartoning machines market is set to experience steady growth, driven by technological advancements, increasing demand in the food and beverage and healthcare sectors, and the adoption of automated packaging solutions. While regulatory challenges exist, the integration of turnkey solutions and expansion into emerging markets offer promising avenues for growth.
ATTRIBUTE DETAILS
Study Period 2016-2027
Base Year 2019
Forecast Period 2020-2027
Historical Period 2016-2018
Unit Value (USD Billion)
Segmentation By Type
Vertical/Top-Load Cartoning Machine
Horizontal/End-Load Cartoning Machine
By End-Use Industry
Food & Beverage
Healthcare & Pharmaceuticals
Consumer Goods
Others (Semiconductor, etc.)
By Region
North America (the U.S. and Canada)
Europe (Germany, the U.K., France, and the Rest of Europe)
Asia Pacific (China, Japan, India, Southeast Asia, and the Rest of Asia Pacific)
The Middle East & Africa (South Africa, GCC, and the Rest of the Middle East & Africa)
Latin America (Brazil, Mexico, and the Rest of Latin America)
Please Note: It will take 5-6 business days to complete the report upon order confirmation.
- 1. Introduction
- 1.1. Definition, By Segment
- 1.2. Research Methodology/Approach
- 1.3. Data Sources
- 2. Executive Summary
- 3. Market Dynamics
- 3.1. Macro and Micro Economic Indicators
- 3.2. Drivers, Restraints, Opportunities and Trends
- 3.3. Impact of COVID-19 on Automatic Labelling Machine Market
- 3.3.1. Short-term Impact
- 3.3.2. Long-term Impact
- 4. Competition Landscape
- 4.1. Business Strategies Adopted by Key Players
- 4.2. Consolidated SWOT Analysis of Key Players
- 4.3. Global Market Share Analysis and Matrix, 2019
- 5. Key Cartoning Machine Market Insights and Analysis, By Segments
- 6. Global Cartoning Machine Market Analysis, Insights and Forecast (Quantitative Data), By Segments, 2016-2027
- 6.1. By Type (Value)
- 6.1.1. Vertical/Top-Load Cartoning Machine
- 6.1.2. Horizontal/End-Load Cartoning Machine
- 6.2. By End-Use Industry (Value)
- 6.2.1. Food & Beverage
- 6.2.2. Healthcare & Pharmaceuticals
- 6.2.3. Consumer Goods
- 6.2.4. Others (Semiconductor, Etc.)
- 6.3. By Geography (Value)
- 6.3.1. North America
- 6.3.2. Europe
- 6.3.3. Asia Pacific
- 6.3.4. Middle East and Africa
- 6.3.5. Latin America
- 7. North America Cartoning Machine Market Analysis, Insights and Forecast (Quantitative Data), By Segments, 2016-2027
- 7.1. By Type (Value)
- 7.1.1. Vertical/Top-Load Cartoning Machine
- 7.1.2. Horizontal/End-Load Cartoning Machine
- 7.2. By End-Use Industry (Value)
- 7.2.1. Food & Beverage
- 7.2.2. Healthcare & Pharmaceuticals
- 7.2.3. Consumer Goods
- 7.2.4. Others (Semiconductor, Etc.)
- 7.3. By Country (Value)
- 7.3.1. United States
- 7.3.2. Canada
- 8. Europe Cartoning Machine Market Analysis, Insights and Forecast (Quantitative Data), By Segments, 2016-2027
- 8.1. By Type (Value)
- 8.1.1. Vertical/Top-Load Cartoning Machine
- 8.1.2. Horizontal/End-Load Cartoning Machine
- 8.2. By End-Use Industry (Value)
- 8.2.1. Food & Beverage
- 8.2.2. Healthcare & Pharmaceuticals
- 8.2.3. Consumer Goods
- 8.2.4. Others (Semiconductor, Etc.)
- 8.3. By Country (Value)
- 8.3.1. U.K.
- 8.3.2. Germany
- 8.3.3. France
- 8.3.4. Rest of Europe
- 9. Asia Pacific Cartoning Machine Market Analysis, Insights and Forecast (Quantitative Data), By Segments, 2016-2027
- 9.1. By Type (Value)
- 9.1.1. Vertical/Top-Load Cartoning Machine
- 9.1.2. Horizontal/End-Load Cartoning Machine
- 9.2. By End-Use Industry (Value)
- 9.2.1. Food & Beverage
- 9.2.2. Healthcare & Pharmaceuticals
- 9.2.3. Consumer Goods
- 9.2.4. Others (Semiconductor, Etc.)
- 9.3. By Country (Value)
- 9.3.1. China
- 9.3.2. Japan
- 9.3.3. India
- 9.3.4. Southeast Asia
- 9.3.5. Rest of Asia Pacific
- 10. Middle East & Africa Cartoning Machine Market Analysis, Insights and Forecast (Quantitative Data), By Segments, 2016-2027
- 10.1. By Type (Value)
- 10.1.1. Vertical/Top-Load Cartoning Machine
- 10.1.2. Horizontal/End-Load Cartoning Machine
- 10.2. By End-Use Industry (Value)
- 10.2.1. Food & Beverage
- 10.2.2. Healthcare & Pharmaceuticals
- 10.2.3. Consumer Goods
- 10.2.4. Others (Semiconductor, Etc.)
- 10.3. By Country (Value)
- 10.3.1. South Africa
- 10.3.2. GCC
- 10.3.3. Rest of Middle East and Africa
- 11. Latin America Cartoning Machine Market Analysis, Insights and Forecast (Quantitative Data), By Segments, 2016-2027
- 11.1. By Type (Value)
- 11.1.1. Vertical/Top-Load Cartoning Machine
- 11.1.2. Horizontal/End-Load Cartoning Machine
- 11.2. By End-Use Industry (Value)
- 11.2.1. Food & Beverage
- 11.2.2. Healthcare & Pharmaceuticals
- 11.2.3. Consumer Goods
- 11.2.4. Others (Semiconductor, Etc.)
- 11.3. By Country (Value)
- 11.3.1. Brazil
- 11.3.2. Mexico
- 11.3.3. Rest of Latin America
- 12. Profiles of Key Players (Would be provided for 10 players only)
- 12.1. Overview
- 12.1.1. Key Management
- 12.1.2. Headquarters Etc.
- 12.2. Offerings/Business Segments
- 12.3. Key Details (Key details are subjected to data availability in public domain and/or on paid databases)
- 12.3.1. Employee Size
- 12.3.2. Past and Current Revenue
- 12.3.3. Geographical Share
- 12.3.4. Business Segment Share
- 12.4. Recent Developments
- 12.4.1. Marchesini Group S.p.A.
- 12.4.2. Jacob White Packaging Ltd.
- 12.4.3. Robert Bosch LLC
- 12.4.4. Econocorp Inc.
- 12.4.5. Langley Holdings PLC
- 12.4.6. Bivans Corporation
- 12.4.7. PMR Packaging Inc.
- 12.4.8. Packaging Equipment Inc.
- 12.4.9. Mpac Langen
- 12.4.10. IWK Verpackungstechnik GmbH
- 12.4.11. Cama 1 S.P.A.
- 12.4.12. Douglas Machine Inc.
- 12.4.13. Pakona
- 12.4.14. Messe Düsseldorf GmbH
- 12.4.15. BERGAMI Packaging Solutions Srl
- 12.4.16. Omori Machinery Co., Ltd.
- 12.4.17. I.M.A. INDUSTRIA MACCHINE AUTOMATICHE S.P.A.
- 12.4.18. OPTIMA packaging group GmbH
- 12.4.19. Kyoto Seisakusho Co., Ltd.
- 12.4.20. Coesia S.p.A.
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