Cartoning Machines Market By Machine Type (Top-Load, End-Load, Wrap-Around), By Capacity (0- 70 CPM, 70-150 CPM, 150-400 CPM, More Than 400 CPM), By Orientation (Horizontal, Vertical), By Dimensions (0-200 CM3, 200-1000 CM3, 1000-5000 CM3, 5000-10000 CM3, More Than 10000 CM3), By End-Use (Food & Beverages, Healthcare, Personal Care, Homecare, Electronics) - Growth, Future Prospects & Competitive Analysis, 2019 – 2027

Expansion in Industrialization to Boost the Cartoning Machines Market

The cartoning machines market worldwide is expected to grow at a CAGR of 5.90% during the forecast period from 2019 to 2027, starting from US$ 4.67 Bn in 2018. The cartoning machines market is expected to witness high growth in the near future due to the rise in food and beverages, healthcare, and the overall packaging industry worldwide. Cartons make products easier to stack, store, and present, and cartons are recyclable, which makes them environmentally friendly. The rising packaged food market, increase in the healthcare sector, and rapid increase in the e-commerce market are the major growth drivers for the cartoning machines market. As a result of these factors, we are expecting high growth during the forecast period.

Market Synopsis

End-Load Cartoning Machines to Continue as the Market Leader

End-load cartoning machines hold the highest market share in the cartoning machines market, with more than 40% of the market's revenue as of 2018. On account of the high demand for end-load cartoning machines in the food and beverage 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, they stand apart from other cartoning machines. As a result of these factors, we are expecting the end-load cartoning machines segment to continue leading the market throughout the forecast period.

Asia Pacific to Continue as the Market Leader

In 2018, Asia Pacific was the leader in the cartoning machines market, with 1/3 of the market share worldwide, followed by Europe and North America. On account of the substantial growth of the packaging machinery sector in China and India, the markets for cartoning machines are growing in the Asia-Pacific region. The high growth of the food and beverage industry, the e-commerce industry, and the healthcare industry in 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 the Asia-Pacific region during the forecast period. On the other side, developed economies such as North America and Europe are expected to show sluggish growth during the forecast period due to mature industries in the region.

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 and Forecast Period

This research report presents the analysis of each segment from 2017 to 2027, considering 2018 as the base year for the research. The compound annual growth rate (CAGR) for each of the respective segments is 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 the global cartoning machines market based on machine type, capacity, orientation, dimensions, end-use, and geography.

Key segments covered in the report are as follows:

Key questions are answered in this report.

What was the market size of cartoning machines in 2018, and what is the 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 machine market?
Who are the key cartoning machine companies leading the market?
What are the key strategies adopted by the leading cartoning machine companies in the market?

Unique data points of this report

Statistics on the packaging industry worldwide
Recent trends across different regions in terms of the adoption of cartoning machines
Notable developments going on in the cartoning machines industry
Attractive investment proposition for the cartoning machines segment as well as geography
Comparative scenario for all the segments for years 2018 (actual) and 2027 (forecast)