29-Jun-2022 | Zion Market Research
The global end-cartoning machine market is expected to grow at a 5.1% CAGR during the forecast period. The global market is projected to surpass $9.2m by 2028.
End-cartoning machines have varied applications in the manufacturing industry and other industrial sectors. These machines are used in packaging solutions where they aid in erecting, closing, and filling sealed cartons from the only open end. Cartons come in different shapes and size like hexagonal, double-wall, triangular, and tapered trays to name a few. These shapes and their properties differ as per business requirements. The final goal of any end-cartoning machine is to create cartons that are sturdy, and are able to prevent the stored goods from physical, chemical, or environmental damage.
End-cartoning machines are one of the most essential parts of packaging solutions. Because cartons act as the outermost coating for any product, they are a great way of marketing or advertising a product that helps build the brand’s name. This is one of the reasons why manufacturers spend hefty amounts on packaging solutions because of their role in improving brand value.
The global end-cartoning machine market saw a slight decline during Covid-19 owing to the closure of manufacturing units along with disruption in the supply chain.
In every sector, there is a growing number of market players added every single day. This is attributed to the rising economy, government subsidies, and the need to add value to the ever-growing commercialized world. This has led to the existence of multiple brands offering numerous products and each product claims to be better than its competitors. In such situations, every brand owner has to focus on generating as much brand awareness as possible along with brand differentiation and brand recall value. The rising need for branding is expected to propel the growth of the global end-cartoning machine market since these machines are equipped with technology as per need basis and can be patented so that no other competitor can use them. There is also a growing tendency to automate as many processes as possible, especially in monotonous systems where human input can be reduced up to a certain level. Automation assists in reducing human errors while at the same time delivering the desired results at a faster pace. When the demand for automation is coupled with the space-efficient packaging solutions offered by end-cartoning machines, the global market can be expected to reach great heights in the coming years.
The non-essential cost reduction along with changes in climatic conditions is expected to affect the global market growth while investment in end cartoning machines catering to multiple requirements is showing growth prospects along with some challenges due to dynamic carton complexity and variation.
The global end-cartoning machine market is segmented based on the product type, orientation, dimension, end-user, and region.
Based on product type, the global market is segmented into less than 70 CPM, 70 CPM to 150 CPM, 150 CPM to 400 CPM, and more than 400 CPM. The market share is led by 70 CPM to 150 CPM because they can cater to the needs of multiple manufacturers including small and large scale manufacturers.
Based on orientation, the global market is segmented into horizontal and vertical. Horizontal machines are projected to establish higher growth owing to their cost-effectiveness and flexibility.
Based on dimension, the global market is segmented as less than 200 CC, 200 CC to 1,000 CC, 1,000 to 5,000 cc, 5000 CC to 10,000 CC and more than 10,000 cc. Dimensions of 200 cc to 1000 cc are expected to grow more than the rest since most of the packed items can fit into these dimensions.
Based on end-user, the global market is segmented into food & beverages, personal care, and healthcare, amongst others. Food & beverages claim the highest share in the market because of product efficiency found in the market.
Asia-Pacific is expected to dominate the global end-cartoning machine market owing to the exponentially rising population of countries like China and India thus propelling the demand for packaged goods or other consumer products in general. China is a dominating economy known for its constant innovation and is one of the largest suppliers of machine parts across the globe thus propelling regional growth.
North America is projected to degenerate higher revenues because of the rising number of key market players, large-scale installation of manufacturing units, and an increasing number of patents for the cartoning machines.
The global end-cartoning machine market is dominated by industry giants like Omori Machinery Co., PMI Cartoning, Inc., ROVEMA GmbH, ACG Worldwide Private Limited, Molins Langen, EconoCorp Inc. (US), Douglas Machine Inc., IWK Verpackungstechnik GmbH, Bosch Packaging Technology, IMA AUTOMATION, Pakona, Langley Holding PLC, PMR Packaging Inc., Cama 1 S.P.A, Coesia S.P.A
Recent Developments:
Browse the full “End Cartoning Machine Market By Product Type (Less Than 70 CPM, 70 CPM To 150 CPM, 150 CPM To 400 CPM, And More Than 400 CPM), By Orientation (Horizontal And Vertical), By Dimensions (Less Than 200 CC, 200 CC To 1,000 CC, 1,000 CC To 5,000 CC, 5,000 CC To 10,000 CC, And More Than 10,000 CC), By End-Use (Food & Beverage, Personal Care, Healthcare, And Others), And By Region: Global And Regional Industry Overview, Market Intelligence, Comprehensive Analysis, Historical Data, And Forecasts 2022 – 2028.” Report at https://www.zionmarketresearch.com/report/end-cartoning-machine-market
The global end cartoning machine market is segmented as follows:
By Product type
By Orientation
By Dimension
By End-user
By Region
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