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Corrugated Box Making Machine Market Overview: Market Size, Share & Forecast to 2032

5 months ago
7

The Corrugated Box Making Machine Market has been expanding significantly in recent years, driven by various key factors. This report provides a comprehensive analysis of the market, including market size, trends, drivers and constraints, competitive aspects, and prospects for future growth.

Market Size & Growth:

  • The Corrugated Box Making Machine Market size reached a valuation of USD 0.91 billion in 2024.
  • The Corrugated Box Making Machine Market growth is projected to reach a valuation of USD 1.36 billion by 2032.
  • The Corrugated Box Making Machine Market share is expected to register a compound annual growth rate (CAGR) of 5.2% from 2024 to 2032.

Recent Key Trends:

  • BOBST announced the launch of the latest version of flatbed die-cutter, the MASTERCUT 165 PER. This machine is designed to handle corrugated boards and folding cartons. 
  • BOBST announced the expansion in India to cater to the corrugated packaging industries by starting a new manufacturing plant. This expansion is the company’s part of the strategy to localize production and strengthen its presence in India. 
  • International Paper, an American pulp and paper company announced the opening of a new corrugated packaging facility to expand their production capacity in the U.S. These new facilities produce corrugated packaging solutions for e-commerce, food & beverage, and shipping customers. 

This Report includes a company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, production sites and facilities, company strengths and weaknesses, product launch, product trials pipelines, product approvals, patents, product width and breath, application dominance, technology lifeline curve. The data points provided are only related to the company's focus related to Corrugated Box Making Machine markets. Leading global Corrugated Box Making Machine market players and manufacturers are studied to give a brief idea about the competitions.

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Key Players:

  • Shengli Carton Equipment Manufacturing Co.,Ltd. (China)
  • Foshan Fuli Packaging Machinery Co.,Ltd. (China)
  • QINGDAO AOPACK ON DEMAND PACKAGING Co., Ltd. (China)
  • BOBST Group SA (Switzerland)
  • Mitsubishi Heavy Industries (MHI) Group (Japan)
  • Natraj Corrugating Machinery.co (India)
  • BHS Corrugated Maschinen- und Anlagenbau GmbH (Germany)
  • Shanghai Printyoung International Industry Co., Ltd. (China)
  • Acme Machinery India Pvt. Ltd. (India)
  • TCY Machinery Mfg. Co., Ltd. (Taiwan)
  • Sai Engineering (India)
  • Barry-Wehmiller Companies (U.S.)
  • Senior Machines (India)
  • Hebei Trugen Packaging Machinery Manufacturing Co., Ltd. (China)
  • Champion Corrugated Co., LTD. (Taiwan)
  • Fosber S.p.A. (Italy)

Regional Trends:

  • North America: U.S., Canada, Mexico
  • Europe: Germany, U.K., France, Italy, Spain, Rest of Europe
  • Asia Pacific: China, Japan, India, South Korea, Australia, Rest of Asia Pacific
  • Latin America: Brazil, Argentina, Rest of Latin America
  • Middle East & Africa: GCC Countries, South Africa, Rest of MEA

Highlights of Our Report

Our report offers extensive market analysis, providing a deep dive into manufacturing capabilities, production volumes, and technological innovations within the Corrugated Box Making Machine Market. It includes detailed corporate insights with in-depth reviews of company profiles, highlighting major players and their strategic moves in this competitive landscape. The report also examines consumption trends to shed light on current demand dynamics and consumer preferences. Comprehensive segmentation details illustrate the market’s distribution across various end-user segments, applications, and industries. In addition, there is a thorough pricing evaluation that explores pricing structures and the key factors influencing market strategies. Finally, the report presents a forward-looking outlook, offering predictive insights into emerging trends, growth opportunities, and potential challenges that may shape the market’s future.

Market Segmentation:

By Technology Type

  • Manual
  • Semi-Automatic
  • Automatic

By Machine Type

  • Standalone
  • Integrated

By End-user

  • Packaging
  • Food & Beverages
  • Retail & E-commerce
  • Electrical & Electronics
  • Pharmaceuticals
  • Others (Textiles, etc.)

Key Drivers/ Restrains:

  • Drivers: Rising demand for sustainable and eco-friendly packaging solutions in e-commerce and retail sectors fuels growth of corrugated box making machines.
  • Restraints: High maintenance costs and fluctuating raw material prices may hinder the expansion of the corrugated box making machine market.

In Summary:

The corrugated box making machine market involves the manufacturing of machinery used to produce corrugated cardboard boxes, which are widely used in packaging across various industries. This market is growing steadily, supported by the rise of e-commerce, increased retail packaging demand, and a shift towards sustainable packaging materials. Key trends include automation in box production lines, development of eco-friendly and energy-efficient machines, and customization capabilities that allow manufacturers to produce bespoke packaging solutions tailored to customer needs. Major manufacturers such as Shengli Carton Equipment and BOBST Group cater to diverse regional markets, with Asia Pacific dominating due to its robust manufacturing base and export activities, while Europe emphasizes sustainability and innovation in packaging technologies.

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About Us:

Fortune Business Insights™ delivers accurate data and innovative corporate analysis, helping organizations of all sizes make appropriate decisions. We tailor novel solutions for our clients, assisting them to address various challenges distinct to their businesses. Our aim is to empower them with holistic market intelligence, providing a granular overview of the market they are operating in.

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