Corrugated Box Making Machine Market is segmented by Function Type (Semi-automatic and Automatic), and by Distribution Channel (Direct Sales [OEM] and Indirect Sales), and by Application (Industrial and Commercial) and by End-user (Food & Beverages, Electronic & Consumer Goods, Home & Personal Goods, Textile Goods and Others), and by Region (United States, Canada, Mexico, France, Germany, Italy, Spain, United Kingdom, Russia, China, India, Philippines, Malaysia, Australia, Austria, South Korea, Middle East, Japan, Africa and Rest of World)
Corrugated Box Making Machine Market Size shall reach a value of $935.78 Million in 2027, growing with a CAGR of 10.4% during the forecast period of 2020 to 2027.
Market Definition / Research Scope
A corrugated box making machine is a device used to produce corrugated boxes, used for packaging industrial and consumer goods. Corrugated packaging is perfect for transporting and shipping products that are light-weight in nature across developing and developed economies. These boxes are very solid and have very safety standards compared to other methods of packaging like cardboard packaging.
The corrugated box is simple and lightweight, compared to wooden packaging, and they include one or more corrugated sheets of paper attached to one or between numerous cardboard sheets. Corrugated box making machine is very crucial in the packaging process of the production line.
The corrugated box making machine has established application in the production or manufacturing sector. The machine has been used largely in the production of boxes. Corrugated box making machines are used in various industries such as packaging, food & beverages, and the retail industry.
Corrugated Box Making Machine Market Growth and Trends
Drivers :
• Corrugated box making machine is used to make corrugated boxes, used for packaging consumer and industrial goods.
• Corrugated packaging is best suited for shipping and transporting products that are fragile in nature. These boxes are very durable and have high safety standards compared to other modes of packaging.
• Corrugated boxes protect goods and are lightweight compared to wooden packaging.
• Paper and paper products are versatile industrial raw materials. Wooden packing cases are more and more replaced with corrugated board- boxes and cartons due to shortage of softwood. This is expected to accelerate the growth of the corrugated box making machine market.
• The food and beverage industry including manufacturers involved in processing raw food materials, packaging and distributing extensively use corrugated boxes. The growing demand for processed food and ready-to-eat products, which involves wide-ranging packaging, is driving the demand for corrugated boxes and subsequently corrugated box making machines.
• Increase in products ordered through online platforms in the e-commerce industry demand thorough packaging involving corrugated boxes will further fuel the growth of the corrugated box making machine market.
• Manufacturers of corrugated box making machines are currently focusing on developing and offering highly-efficient and reliable corrugated box making machines with advanced technology such as IoT (Internet of Things) and artificial intelligence (AI). This will further boost the corrugated box making machine market.
• Global Corrugated Box Making Machine Market Segmentation, by Function Type, are Semi-automatic and Automatic.
• Global Corrugated Box Making Machine Market, by Distribution Channel, are Direct Sales (OEM) and Indirect Sales.
• Global Corrugated Box Making Machine Market, by Application, are Industrial and Commercial.
• Global Corrugated Box Making Machine Market Segmentation, by End-user, are Food & Beverages, Electronic & Consumer Goods, Home & Personal Goods, Textile Goods and Others
• Key players operating in the global corrugated box making machine market are Saro Packaging Machine Industrie, ACME Machinery Co. Pvt. Ltd., Bobst Group SA, EMBA Machinery AB, Fosber Spa, ISOWA Corporation, KOLBUS. GmbH & Co. KG, Mitsubishi Heavy Industries Ltd., Packsize International, Serpa Packaging Solutions, Shanghai PrintYoung International Industry, Shengli carton Equipment Manufacturing, Shinko Machine Mfg. Co. Ltd., Wenzhou Zhongke Packaging Machinery Co. Ltd. and Zemat Technology Group Ltd.
Restraints :The COVID-19 outbreak has led to the decline of industries with imposition of lockdown in various countries. With stoppage of working in various industries, productions have been impacted and have adversely affected the global economy. Thus, demand for corrugated box making machines has also been impacted.
Corrugated Box Making Machine Market Regional Analysis
The Asia Pacific is holding a great amount of revenue; especially China is the largest contributor worldwide due to its local manufacturers, and increased technology in the manufacturing industries. Increasing urbanization and the growth of the middle-class population lead to the development of these countries like Denmark, New Zealand, and Latin America. Countries like Japan and Canada are growing at a rate of 1.2% to 2.9%, Germany and Latin America to drive sales by 1.9% to 2.8%. Other countries like Norway, Australia, South Korea, Japan, Finland, India, South Africa, etc. are growing rapidly because of the increased number of packing industries technology development.
Corrugated Box Making Machine Market Share and Competition
Key companies operating in this industry are: Saro Packaging Machine Industrie, ACME Machinery Co. Pvt. Ltd., Bobst Group SA, EMBA Machinery AB, Fosber Spa, ISOWA Corporation, KOLBUS. GmbH & Co. KG, Mitsubishi Heavy Industries Ltd., Packsize International, Serpa Packaging Solutions, Shanghai PrintYoung International Industry, Shengli carton Equipment Manufacturing, Shinko Machine Mfg. Co. Ltd., Wenzhou Zhongke Packaging Machinery Co. Ltd. and Zemat Technology Group Ltd. Similar industries in this domain that is growing at a high CAGR include Corrugated Metals Market and Vaccine Carrier and Cold boxes Market.
Corrugated Box Making Machine Market Research Report Analysis Highlights
• Historical data available (as per request)
• Estimation/projections/forecast for revenue and unit sales (2020 – 2027)
• Data breakdown for every market segment (2020 – 2027)
• Gross margin and profitability analysis of companies
• Price analysis of each product type
• Business trend and expansion analysis
• Import and export analysis
• Competition analysis/market share
• Supply chain analysis
• Client list and case studies
• Market entry strategy
Industry Segmentation and Revenue Breakdown
Function Type Analysis (Revenue, USD Million, 2020 - 2027)
• Semi-automatic
• Automatic
Distribution Channel Analysis (Revenue, USD Million, 2020 - 2027)
• Direct Sales (OEM)
• Indirect Sales
Application Analysis (Revenue, USD Million, 2020 - 2027)
• Industrial
• Commercial
End-user Analysis (Revenue, USD Million, 2020 - 2027)
• Food & Beverages
• Electronic & Consumer Goods
• Home & Personal Goods
• Textile Goods
• Others
Region Analysis (Revenue, USD Million, 2020 - 2027)
• United States
• Canada
• Mexico
• France
• Germany
• Italy
• Spain
• United Kingdom
• Russia
• China
• India
• Philippines
• Malaysia
• Australia
• Austria
• South Korea
• Middle East
• Japan
• Africa
• Rest of World
Corrugated Box Making Machine Market Companies
• Saro Packaging Machine Industrie
• ACME Machinery Co. Pvt. Ltd.
• Bobst Group SA
• EMBA Machinery AB
• Fosber Spa
• ISOWA Corporation
• KOLBUS. GmbH & Co. KG
• Mitsubishi Heavy Industries Ltd.
• Packsize International
• Serpa Packaging Solutions
• Shanghai PrintYoung International Industry
• Shengli carton Equipment Manufacturing
• Shinko Machine Mfg. Co. Ltd.
• Wenzhou Zhongke Packaging Machinery Co. Ltd.
• Zemat Technology Group Ltd.
Available Versions: -
United States Corrugated Box Making Machine Market Research Report
Europe Corrugated Box Making Machine Market Research Report
Asia Pacific Corrugated Box Making Machine Market Research Report
India Corrugated Box Making Machine Market Research Report
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