"Expansion in Industrialization to Boost the Cartoning Machines Market"
The cartoning machines market worldwide is expected to grow with a CAGR of 5.90% during the forecast period from 2019 to 2027, starting from US$ 4.67 Bn in 2018. Cartoning machines market is expected to witness high growth in the near future due to rise in food & beverages, healthcare and overall packaging industry worldwide. Cartons make products easier to stack, stored & presented and cartons are recyclable which makes them environment friendly. Rising packaged food market, increase in healthcare sector and rapid increase in e-commerce market are the major growth drivers for cartoning machines market. As a result of these factors, we are expecting high growth during the forecast period.
Market Synopsis
Get a sample copy for more information
"End-Load Cartoning Machines to Continue as the Market Leader"
End-load cartoning machines segment holds the highest market share in the cartoning machines market with more than 40% of the market revenue, as of 2018. On account of high demand of end-load cartoning machines in food & beverages packaging sector, the end-load segment is leading the market. Due to various features of end-load cartoning machines such as higher cost-efficiency, flexibility, waste reduction and others are set them apart from other cartoning machines. As a result of these factors, we are expecting end-load cartoning machines segment to continue leading the market throughout the forecast period.
Get a sample copy for more information
"Asia Pacific to Continue as the Market Leader"
In 2018, Asia Pacific is the leader in cartoning machines market with 1/3rd of the market share worldwide, followed by Europe and North America. On account of substantial growth of packaging machinery sector in China and India, the cartoning machines markets is growing in Asia Pacific region. High growth of food and beverages industry, e-commerce industry and healthcare industry in the developing economies, are the major growth factors for the Asia Pacific region. As a result of all these factors, we are expecting high growth in Asia Pacific region during the forecast period. On the other side, developed economies such as North America and Europe is expected to show sluggish growth during the forecast period due to matured industries in the region.
Get a sample copy for more information
Some of the prominent players operating in the cartoning machines market include Econocorp Inc, Robert Bosch GmbH, ACG Worldwide, Pakmatic Company (PTY) LTD, Betti s.r.l., Bivans Corporation, Engelmann & Buckham Ltd., Molins Langen, Omori Machinery Co. Ltd., OPTIMA Packaging Group GmbH, IWK Verpackungstechnik GmbH, ROVEMA GmbH, IMA Industria Macchine Automatiche SpA and others.
Historical & Forecast Period
This research report presents the analysis of each segment from 2017 to 2027 considering 2018 as the base year for the research. Compounded Annual Growth Rate (CAGR) for each respective segments calculated for the forecast period from 2019 to 2027.
Report Scope by Segments
The cartoning machines market report provides market size and estimates based on market dynamics and key trends observed in the industry. The report provides a holistic view of global cartoning machines market based on machine type, capacity, orientation, dimensions, end-use and geography. Key segments covered in the report are as follows:
| ATTRIBUTE |
DETAILS |
| Research Period |
2017-2027 |
| Base Year |
2018 |
| Forecast Period |
2019-2027 |
| Historical Year |
2017 |
| Unit |
USD Billion |
| Segmentation |
Machine Type (2019–2027; US$ Bn)
• Top-Load
• End-Load
• Wrap-Around
|
|
Capacity (2019–2027; US$ Bn)
• 0- 70 CPM
• 70-150 CPM
• 150-400 CPM
• More than 400 CPM
|
|
Orientation (2019–2027; US$ Bn)
• Horizontal
• Vertical
|
|
Dimensions (2019–2027; US$ Bn)
• 0-200 CM3
• 200-1000 CM3
• 1000-5000 CM3
• 5000-10000 CM3
• More than 10000 CM3
|
|
End-Use (2019–2027; US$ Bn)
• Food & Beverage
• Healthcare
• Personal Care
• Homecare
• Electronics
|
|
Geography Segment (2019–2027; US$ Bn)
• North America (U.S., Rest of North America)
• Europe (U.K., Germany, France, Rest of Europe)
• Asia Pacific (China, Japan, India, Rest of Asia Pacific)
• Rest of the World (Middle East & Africa, Latin America)
|
Key questions answered in this report
- What was the market size of cartoning machines in 2018 and forecast up to 2027?
- Which is the largest regional market for cartoning machines?
- What are the major trends followed in overall cartoning machines across different regions?
- What are the key market trends and high-growth opportunities observed in the cartoning machines market?
- What are the drivers of the cartoning machines market?
- Who are the key cartoning machines companies leading the market?
- What are the key strategies adopted by the leading cartoning machines companies in market?
Unique data points of this report
- Statistics on packaging industry worldwide
- Recent trends across different regions in terms of adoption of cartoning machines
- Notable developments going on in the cartoning machines industry
- Attractive investment proposition for cartoning machines segment as well as geography
- Comparative scenario for all the segments for years 2018 (actual) and 2027 (forecast)
