Global Cartoning Machines Market is expected to register a substantial CAGR of 5.7% in the forecast period of 2019 to 2026. The years considered for study are as mentioned below:
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The cartoning machines market is a highly concentrated market which includes key players and local players. The market has a prominent growth in upcoming years due to the rising demand for cartons for the packaging of various goods and strong demand for fully automatic cartoning machines.
The market has witnessed developments in terms of merger and acquisitions or product launches to enhance the product portfolio to meet the rising demand of innovative technologies. For instance, in July 2018, Robert Bosch GmbH launched the new end load cartoner Kliklok MEC at Pack Expo International 2018 in Chicago, USA. It is designed with an easy operator access and sanitary design. It will help the company to expand its product portfolio and become the leader in the packaging market.
Robert Bosch GmbH dominated the global cartoning machines market. The other key players existing in the market includes Coesia S.p.A. and Körber AG, 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., Langley Holdings plc, Mpac Group plc, ROVEMA GmbH, SHIBUYA CORPORATION, Cama 1 S.P.A., Jacob White Packaging Ltd., ADCO Manufacturing, SENZANI BREVETTI SpA, BERGAMI USA among others.
Robert Bosch GmbH:
Robert Bosch GmbH headquartered in Baden-Württemberg, Germany was founded in 1886. The company focuses on providing services in automation, connectivity, electrification and energy efficiency. They operate through five business segments which include mobility solutions, industrial technology, consumer goods, energy and building technology, other segments. Industrial Technology is the market focused segment and is engaged in providing high performance machines for various industries. The company’s product and services categories includes mobility, at home, industry and trades, connected products and services, market-specific solutions in which Industry and trades is market focused category. The company has approx. 410,000 employees as of 31st December, 2018.
- In July 2019, Robert Bosch GmbH will showcase its portfolio with new cartoning and case packing solutions at FashPack 2019 which is supposed to happen between 24th-26th September 2019. It will reduce the footprint as compared to the previous edition. This will help the company to access their global network of customer services.
It has its global networks in North Americas, Africa, Europe, Asia, Australia, Middle East, South and Central Americas, Oceania. It operates through its subsidiaries, which are Bosch Healthcare Solutions GmbH (Germany), Robert Bosch Venture Capital GmbH (Germany), BSH Hausgeräte GmbH (Germany), Bosch Energy Storage Solutions LLC (United States), Bosch Software Innovations GmbH (Germany), among others.
Coesia S.p.A.:
Coesia S.p.A. headquartered in Bologna, Italy was founded in 1923. The company focuses on providing industrial and packaging solutions. They operate through three business segments which include advanced automated machinery & materials, industrial process solutions, other. Advanced Automated Machinery & Materials is the market focused segment and is engaged in providing cartoning machines for pharmaceuticals, food and beverages and other applications. The company’s product category includes technology and industry in which technology is market focused segment.
- In July 2018, the company acquired 70% share of Comas Tobacco Machinery. The acquired company is a leading provider of processing lines and primary equipment for tobacco industry. With this acquisition, the company will be able to fulfil the growing need of customers across the globe.
It has its global networks in North America, South America, Europe and Asia-Pacific. It operates through its subsidiaries, which are G.D Automatic Packaging Equipment CJSC (Russia), G.D Automatische Verpackungsmachinen GmbH (Germany), Toceco China (Kunming) Trading Company Limited (China), Franssons Maskinbearbetning I Kalmar AB (Sweden), Flexlink Automation (Shanghai) Co. Ltd. (China) and others.
Körber AG:
Körber AG is headquartered in Hamburg, Germany was founded in 1946. The company is focused in the manufacturing of machineries for various industries. The product categories of the company include inspection solutions, packaging solutions, track & trace solutions, service & consulting, MES solutions and the market focused category is packaging solutions. The company has approx. 10,000 employees.
- In March 2017, the company launched P5000, a high-speed cartoning machine. It gives maximum output and has a speed range of 500 cartons per minute. They are highly applicable for the pharmaceutical products. With this launch, the company fulfilled the increasing demand for high-speed cartoning of the end-users.
The company has wide geographical presence in North America, South America, Europe, Middle East and Africa, Asia-Pacific. It operates through its subsidiaries which are Hauni Maschinenbau AG (Germany), HighJump (U.S.), inconso AG (Germany), Körber Process Solutions (Germany), Körber Medipak Systems GmbH (Switzerland) and others.