Global Box And Carton Overwrapping Machines Market Likely To Grow At CAGR Of Over 3.58% During 2024–2032

According to Zion Market Research, the global Box And Carton Overwrapping Machines Market, estimating its value at USD 1127.69 Million in 2023, with projections indicating that it will reach USD 1547.65 Million by 2032. The market is expected to expand at a compound annual growth rate (CAGR) of 3.58% over the forecast period 2024-2032. The box and carton overwrapping machines are wrapping systems functioned with wrapping films around cartons and boxes. The overwrap films for cartons and boxes serve the rationale of protection against dampness and external elements, plus improve the pack optics with clarity & transparency, thus advancing the demand for carton and box overwrapping machines.

Some of the key players in the market are Minipack International Pty Ltd., JET Pack Machines Pvt. Ltd., Marden Edwards Ltd., Wega Electronics sp. z.o.o., Focke & Co. (GmbH & Co. KG), Sollas Holland BV, ULMA Packaging, Chie Mei Enterprise Co., Ltd., S.Coop., ProMach, Inc., Aetnagroup S.p.A., Tenchi Sangyo & Tenchi Kikai Co., Ltd., and Heino Ilsemann GmbH.

Development In Manufacturing Sector To Boost The Global Box And Carton Overwrapping Machines Market

The implementation of box and carton overwrapping machines reduces the requirement to continuously recruit and train a new labor force. Though box and carton overwrapping machines need heavy speculation, they are helpful in addressing the issues generated by lack of skilled labor and high labor costs. The major goal of box and carton overwrapping machines producers is to target upon ways to aid their customers in reducing the labor costs and gain higher productivity in lesser time. This is predictable to be a major driver for the development of the global box and carton overwrapping machines market.

The global box and carton overwrapping machines market is bifurcated based on the type, applications, and regional analysis. Based on the type, the market is divided into manual, semi-automatic, and automatic. Based on the applications, the market is divided into healthcare, food & beverage, industrial packaging, personal care & cosmetics, and others.

Western Europe Region Will Hold Major Share In The Global Box And Carton Overwrapping Machines Market

Based on the geographical analysis, the global box and carton overwrapping machines market is classified into North America, Europe, Latin America, Asia Pacific, and Middle East & Africa. The box and carton overwrapping machines market in the Western Europe region was likely to record a market share of about 26.8% during 2022, which was above the projected cumulative shares of box and carton overwrapping machines across the Middle East & Africa, Latin America, Eastern Europe, and Japan. The market in Western Europe is expected to stay at the top concerning market share until 2032, following which, the Asia Pacific excluding Japan region is predicted to exceed Western Europe.

Browse the full “Box And Carton Overwrapping Machines Market - By Type (Manual, Semi-Automatic, and Automatic), By Applications (Healthcare, Food & Beverage, Industrial Packaging, Personal Care & Cosmetics, and Others), and By Region - Global Industry Perspective, Comprehensive Analysis, and Forecast, 2024 – 2032.” Report at https://www.zionmarketresearch.com/report/box-and-carton-overwrapping-machines-market

The global box and carton overwrapping machines market is segmented as follows:

By type:

• Manual
• Semi-Automatic
• Automatic

By applications:

• Food & beverage
• Healthcare
• Personal care & cosmetics
• Industrial packaging
• Others

By region:

• North America
  • The U.S.
  • Canada
• Europe
  • France
  • The UK
  • Spain
  • Germany
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Southeast Asia
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa
  • GCC
  • South Africa
  • Rest of Middle East & Africa

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