Global Cartoning Machines Market is projected to register a substantial CAGR of 5.7% in the forecast period of 2019 to 2026. The new market report contains data for historic year 2017, the base year of calculation is 2018 and the forecast period is 2019 to 2026.
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Drivers: Global Cartoning Machines Market
- Strong demand for fully automatic cartoning machines
- Growing demand from e-commerce channels
Restraints:
- High price of top load cartoning machines
- Stringent tax related government regulations
Opportunity:
- Growing demand for eco-friendly packaging in pharmaceuticals
Challenge:
- Emergence of 3D printing machines
Market Trends:
Global cartoning machines market is segmented into seven notable segments which are machine type, carton type, capacity, dimension, process, distribution channel and application.
- On the basis of machine type, the market is segmented into vertical cartoning machines/ top load and horizontal cartoning machines/ end load. In 2019, vertical cartoning machines/ top load is expected to dominate the market with the largest market share as these were the first machines developed by the manufacturing for the production of cartons. Moreover, they are highly used in the food related applications, due to which its demand is high among the manufacturers.
- On the basis of carton type, the market is segmented into stand up straight, closed, folded, bag-in-box, side-seamed and others.
- On the basis of capacity, the market is segmented into up to 70 CPM, 70 to 150 CPM, 150 to 400 CPM and above 400 CPM.
- On the basis of dimension, the market is segmented into up to 200 cm3, 200 to 1000 cm3, 1000 to 5000 cm3, above 5000 cm3.
- On the basis of process, the market is segmented into online cartoning machine and offline cartoning machine.
- On the basis of distribution channel, the market is segmented into B2B, distributor/broker, others. In 2019, B2B by distribution channel is expected to dominate the market with the largest market share as the purchase of cartoning machines is directly done through the manufacturers, rather than the mediator.
- On the basis of application, the market is segmented into food, beverages, healthcare, personal care, homecare, chemical, others.
Key Market Players: Global Cartoning Machines Market
Some of the major players operating in this market are I.M.A. INDUSTRIA MACCHINE AUTOMATICHE S.P.A., Omori Machinery Co., Ltd., Marchesini Group S.p.A., OPTIMA packaging group GmbH, ATS Automation Tooling Systems Inc., Douglas Machine Inc., ACG, EconoCorp Inc., Kyoto Seisakusho Co., Ltd., Körber AG., Langley Holdings plc, Coesia S.p.A., Mpac Group plc, Robert Bosch GmbH, ROVEMA GmbH, SHIBUYA CORPORATION, Cama 1 S.P.A., Jacob White Packaging Ltd., ADCO Manufacturing, SENZANI BREVETTI SpA and BERGAMI USA.
