Global cartoning machines market is expected to grow at a compound annual growth rate of 4.03% to reach a market size of US$4,912.438 million by 2024 from US$3,875.946 million in 2018.
Cartoning Machines refers to a type of packaging machines used for the purpose of forming cartons. These machines are suitable for packing products into boxes with automatic loading. Products can be loaded into the machine infeed manually by the operator or automatically by a mechanical unit. The demand for these machines is expected to expand on account of the growing use of carton packaging in various industries. Further, the growing FMCG industry along with the need to transport and store products is anticipated to drive the market for these machines. Additionally, rising of e-commerce industry along with logistics industry in few regions is projected to provide growth opportunities during the forecast period. The cartoning machines market has been segemented by machine type, end user and geography. In machine type segment the horizontal cartoning machine is expected to hold a significant market share, while the vertical cartoning machine is expected to witness a substantial growth. Furthermore, in the end user segment the food and healthcare sector are projected to witness a significant growth owing to the transportation and storage of food and clinical products.
Geographically, Asia-Pacific is anticipated to hold a dominant share of the cartoning machines market on account of the rising e-commerce and logistics industry. Europe and North America are also projected to witness a steady growth during the forecast period.
Some of the major players profiled in the cartoning Machines market include Loesch Verpackungstechnik GmbH, Shibuya Corporation, Mpac Group plc, ADCO Manufacturing, Bradman Lake Group Ltd., Pakona Engineers Pvt Ltd., Jacob White Packaging Ltd., Engelmann & Buckham Ltd., EconoCorp Inc., and Robert Bosch Packaging Technology GmbH, among others.
|Market size value in 2018||US$3,875.946 million|
|Market size value in 2024||US$4,912.438 million|
|Growth Rate||CAGR of 4.03% from 2018 to 2024|
|Forecast Unit (Value)||USD Million|
|Segments covered||Type, Application, And Geography|
|Regions covered||North America, South America, Europe, Middle East and Africa, Asia Pacific|
|Companies covered||Loesch Verpackungstechnik GmbH, Shibuya Corporation, Mpac Group plc, ADCO Manufacturing, Bradman Lake Group Ltd., Pakona Engineers Pvt Ltd., Jacob White Packaging Ltd., Engelmann & Buckham Ltd., EconoCorp Inc., Robert Bosch Packaging Technology GmbH, IMA Group|
|Customization scope||Free report customization with purchase|
The cartoning machines market has been analyzed through the following segments:
Frequently Asked Questions (FAQs)
Q1. What will be the cartoning machines market size by 2024?
A1. The global cartoning machines market is expected to reach a total market size of US$4,912.438 million in 2024.
Q2. What are the growth prospects for cartoning machines market?
A2. The cartoning machines market is expected to grow at a CAGR of 4.03% during the forecast period.
Q3. What is the size of global cartoning machines market?
A3. Cartoning Machines market was valued at US$3,875.946 million in 2018.
Q4. What factors are anticipated to drive the cartoning machines market growth?
A4. The demand for these machines is expected to expand on account of the growing use of carton packaging in various industries.
Q5. Which region holds the largest market share in the global cartoning machines market?
A5. Geographically, Asia-Pacific is anticipated to hold a dominant share of the cartoning machines market on account of the rising e-commerce and logistics industry.
1.1. Market Overview
1.2. Market Definition
1.3. Scope of the Study
1.6. Base, and Forecast Years Timeline
2. RESEARCH METHODOLOGY
2.1. Research Design
2.2. Secondary Sources
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
4.1. Market Segmentation
4.2. Market Drivers
4.3. Market Restraints
4.4. Market Opportunities
4.5. Porter’s Five Forces Analysis
4.5.1. Bargaining Power of Suppliers
4.5.2. Bargaining Power of Buyers
4.5.3. Threat of New Entrants
4.5.4. Threat of Substitutes
4.5.5. Competitive Rivalry in the Industry
4.6. Life Cycle Analysis - Regional Snapshot
4.7. Market Attractiveness
5. CARTONING MACHINES MARKET BY TYPE
5.1. Horizontal Cartoning Machines
5.2. Vertical Cartoning Machines
6. CARTONING MACHINES MARKET BY APPLICATION
6.1. Food & Beverage
7. CARTONING MACHINES MARKET BY GEOGRAPHY
7.1. North America
7.2. South America
7.3.3. United Kingdom
7.4. Middle East and Africa
7.4.1. Saudi Arabia
7.5. Asia Pacific
7.5.3. South Korea
8. COMPETITIVE INTELLIGENCE
8.1. Competitive Benchmarking and Analysis
8.2. Recent Investments and Deals
8.3. Strategies of Key Players
9. COMPANY PROFILES
9.1. Loesch Verpackungstechnik GmbH
9.2. Shibuya Corporation
9.3. Mpac Group plc
9.4. ADCO Manufacturing
9.5. Bradman Lake Group Ltd.
9.6. Pakona Engineers Pvt Ltd.
9.7. Jacob White Packaging Ltd.
9.8. Engelmann & Buckham Ltd.
9.9. EconoCorp Inc.
9.10. Robert Bosch Packaging Technology GmbH
9.11. IMA Group
9.12. Omori Machinery Co. Ltd.
9.13. Marchesini Group S.p.A
9.14. Rovema GmbH
9.15. IWK Verpackungstechnik GmbH
9.16. Cama Group
9.17. ACG Group
9.18. PMI KYOTO Packaging Systems.
9.19. OPTIMA packaging group GmbH
9.20. Betti S.R.L
9.21. Körber Medipak Systems North America, Inc.
LIST OF FIGURES
LIST OF TABLES
Loesch Verpackungstechnik GmbH
Mpac Group plc
Bradman Lake Group Ltd.
Pakona Engineers Pvt Ltd.
Jacob White Packaging Ltd.
Engelmann & Buckham Ltd.
Robert Bosch Packaging Technology GmbH
Omori Machinery Co. Ltd.
Marchesini Group S.p.A
IWK Verpackungstechnik GmbH
PMI KYOTO Packaging Systems.
OPTIMA packaging group GmbH
Körber Medipak Systems North America, Inc.
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