Market Size in 2023 | Market Forecast in 2032 | CAGR (in %) | Base Year |
---|---|---|---|
USD 1248.4 Million | USD 2082.86 Million | 5.3% | 2023 |
According to a report from Zion Market Research, the global Case Erectors Market was valued at USD 1248.4 Million in 2023 and is projected to hit USD 2082.86 Million by 2032, with a compound annual growth rate (CAGR) of 5.3% during the forecast period 2024-2032. This report explores market strengths, weakness, opportunities, and threats. It also provides valuable insights into the market's growth drivers, challenges, and the future prospects that may emerge in the Case Erectors Market industry over the next decade.
In Global Case Erectors Market Report, Case erectors are machines that help in the manufacture of erect folded cardboards as well as corrugated boxes in specific shapes. These boxes & cardboards are then made available for packaging of industrial goods as well as consumer products. With the induction of new products such as robotics case erectors, to existing product line, ergonomic packaging activities have gained momentum, thereby offering package customization and saving cost incurred by firms on the deployment of case erectors. This, in turn, will facilitate the expansion of case erectors market size in the years ahead. Breakthroughs in technology will embellish growth of case erectors industry over forecast timeframe.
In Global Case Erectors Market Report, The Growth of case erectors market over assessment period is due to increase in efficiency resulting in reduction of work fatigue for workers. Apart from this, rising trend among the product manufacturers towards paper-based packaging due to massive use of the latter for packaging food products, pharmaceuticals, beverages, and consumer goods will steer market value.
In addition to this, thriving packaging sector culminating into massive demand for case erectors in countries such as Indonesia, India, Vietnam, and China will drive business landscape. With key players focusing on exploring new growth opportunities in emerging economies, the market for case erectors is likely to witness accelerated growth in near future.
Furthermore, elevated popularity of case erectors in personal care & cosmetics industry, as well as fashion sector, will characterize growth of case erectors market. Growing demand for robust packaging in manufacturing sector has translated into scaling up of popularity of case erectors, thereby accentuating case erectors market progression. Nonetheless, high initial deployment costs of product can be detrimental for growth of case erectors market in next decade.
Report Attributes | Report Details |
---|---|
Report Name | Case Erectors Market |
Market Size in 2023 | USD 1248.4 Million |
Market Forecast in 2032 | USD 2082.86 Million |
Growth Rate | CAGR of 5.3% |
Number of Pages | 159 |
Key Companies Covered | Hamrick Manufacturing & Services, Lantech, Recopak Machinery PTY Ltd., Wayne Automation Corporation, WestRock Company, FilSilPek, Lenze, Arpac LLC, Pearson Packaging Systems, Marq packaging System, Wexxar/BEL Packaging, Combi Packaging System LLC, and A.B. Sealer Incorporated. |
Segments Covered | By Product Type, By Application, And By Region |
Regions Covered | North America, Europe, Asia Pacific (APAC), Latin America, Middle East, and Africa (MEA) |
Base Year | 2023 |
Historical Year | 2018 to 2022 |
Forecast Year | 2024 - 2032 |
Customization Scope | Avail customized purchase options to meet your exact research needs. Request For Customization |
North America To Dominate Case Erectors Market Growth In 2024-2032
Growth of case erectors market in North America in next seven years is subject to large-scale production of case erectors in countries such as the U.S. and Canada. In addition to this, presence of established industry players in countries such as the U.S. will prompt growth of case erectors market in years to come. Additionally, product manufacturers in the U.S. and Canada export the product to emerging economies of Asia Pacific and African countries. This has resulted in increase in GDP and revenue of case erector exporting countries, thereby contributing significantly towards case erectors market proceeds in North America.
Key participants influencing market landscape and profiled in report are
By Machine Type
By End-Use
By Region
FrequentlyAsked Questions
Growth of case erectors market over assessment period is due to increase in efficiency resulting in reduction of work fatigue for workers. Apart from this, rising trend among the product manufacturers towards paper-based packaging due to massive use of the latter for packaging food products, pharmaceuticals, beverages, and consumer goods will steer market value.
According to a report from Zion Market Research, the global Case Erectors Market was valued at USD 1248.4 Million in 2023 and is projected to hit USD 2082.86 Million by 2032, with a compound annual growth rate (CAGR) of 5.3% during the forecast period 2024-2032.
North America will contribute lucratively towards the global market value over the estimated timeline. The regional market surge is subject to large-scale production of case erectors in countries such as the U.S. and Canada. In addition to this, presence of established industry players in countries such as the U.S. will prompt growth of case erectors market in years to come. Additionally, product manufacturers in the U.S. and Canada export the product to emerging economies of Asia Pacific and African countries. This has resulted in increase in GDP and revenue of case erector exporting countries, thereby contributing significantly towards case erectors market proceeds in North America.
The key market participants include Hamrick Manufacturing & Services, Lantech, Recopak Machinery PTY Ltd., Wayne Automation Corporation, WestRock Company, FilSilPek, Lenze, Arpac LLC, Pearson Packaging Systems, Marq packaging System, Wexxar/BEL Packaging, Combi Packaging System LLC, and A.B. Sealer Incorporated.
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