IMARC Group's report titled " Cartoning Machines Market Report by Machine Type (Vertical Cartoning Machines/Top Load , Horizontal Cartoning Machines/End Load), Application (Food and Beverage, Consumer Goods, Healthcare Pharmaceutical, and Others), and Region 2023-2028", The global cartoning machines market size reached US$ 4.22 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 5.54 Billion by 2028, exhibiting a growth rate (CAGR) of 4.50% during 2023-2028.
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Factors Affecting the Growth of the Cartoning Machines Industry:
- Automation and Efficiency:
The increasing demand for automation and efficiency is contributing to the growth of the market. In line with this, companies are seeking ways to streamline their operations and reduce production costs. Furthermore, cartoning machines are designed to automate the process of packaging products into cartons, eliminating the need for manual labor while reducing the chances of errors. This not only enhances operational efficiency but also ensures consistent and high-quality packaging. Additionally, automation helps increase production throughput, allowing companies to meet growing demand.
- Thriving E-Commerce Sector:
The rising adoption of cartoning machines on account of the thriving e-commerce industry is supporting the growth of the market. In addition, people are increasingly preferring online shopping due to its enhanced convenience. Apart from this, the increasing need for products that are packaged securely and efficiently for shipment is impelling the market growth. Furthermore, cartoning machines play a vital role in optimizing the packaging process for e-commerce orders. They enable the rapid and consistent assembly of cartons, ensuring that products are well-protected during transit while also enhancing the unboxing experience for individuals. Cartoning machines are integrated with barcode scanning and labeling, facilitating accurate order tracking and delivery.
- Increasing Demand for Eco-Friendly Packaging:
The growing demand for eco-friendly packaging solutions in various sectors is positively influencing the market. In line with this, the increasing awareness among individuals about the importance of maintaining environmental sustainability is bolstering the market growth. Furthermore, cartoning machines are utilizing recyclable materials and efficient packaging designs to reduce waste. Moreover, these machines are incorporating features like biodegradable cartons and eco-friendly inks for labeling, aligning with eco-conscious packaging practices. Besides this, organizations are investing in cartoning machines that support eco-friendly packaging to meet sustainability goals and reduce their carbon footprint.
Leading Companies Operating in the Global Cartoning Machines Industry:
- 1 S.P.A, Econocorp Inc.
- IMA Industria Macchine Automatiche S.p.A
- Jacob White Packaging Ltd, Kyoto Seisakusho Co. Ltd
- Marchesini Group S.p.A, Mpac Group plc
- Omori Machinery Co. Ltd
- OPTIMA packaging group GmbH
- Pakona Engineer
- Pmr Packaging Inc.
- Rovema GmbH
- Shibuya Corporation
Cartoning Machines Market Report Segmentation:
By Machine Type:
- Vertical Cartoning Machines/Top Load
- Horizontal Cartoning Machines/End Load
Horizontal cartoning machines/end load represent the largest segment as they are suitable for handling products that have a flat or rectangular shape.
By Application:
- Food and Beverage
- Consumer Goods
- Healthcare Pharmaceutical
- Others
Food and beverage hold the biggest market share due to the rising focus on maintaining the integrity of perishable goods.
Regional Insights:
- North America (United States, Canada)
- Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
- Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa
Asia Pacific enjoys the leading position in the cartoning machines market on account of the increasing need for advanced packaging solutions.
Global Cartoning Machines Market Trends:
Rising preferences for personalized packaging solutions among the masses across the globe are bolstering the growth of the market. Besides this, cartoning machines can customize cartons with unique designs, labels, or product information efficiently. In addition, industries like cosmetics and food and beverage (F&B) are seeking to create a differentiated and memorable brand experience.
The increasing adoption of cartoning machines in the pharmaceutical and F&B sectors are impelling the market growth. These industries require specialized cartoning solutions to meet stringent regulatory requirements and ensure product safety.
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