The cartoning machines market is expected to grow at a significant rate during the forecast period from 2020 to 2027.
Cartoning machines or cartoner are packaging machines used to form various types of cartons like erect, close, folded, side seamed, and sealed cartons. Cartoning machines are divided into horizontal and vertical cartoning machines, the bifurcation is based on the position where the carton is fed through the machine. The product is inserted from the side of the carton in horizontal cartoning machines and the product is inserted manually or automatically, most often from the top of the machine in vertical cartoning machines.
The expanding logistics and e-commerce industry is supporting the high demand of the cartoning machines in the global market. The increasing demand for carton packaging market, particularly in the FMCG industry is bolstering the market growth. The rapidly growing end-use industries like food & beverages (non-carbonated beverages etc.) and the pharmaceutical in developing areas are further boosting the market value. The features associated with the carton packaging such as protective packaging ensures the safety of the product throughout the supply chain is contributing to the demand and growth of cartoner across the globe. The globalization has eliminated barriers and simultaneously increased transit distance and time for products is further boosting the demand for cartoner in the market. Additionally, the increasing demand for fully automatic cartoning machines across the end-use industry is expected to support the growth to an extent over the forecast timeframe.
On the other hand, the presence of packaging types other than cartons is projected to limit the growth to an extent over the forecast timeframe from 2020 to 2027.
The global cartoning machines market is segmented on the basis of machine type, capacity (cartons per minute), orientation, end-use industry, and geography. Based on machine type, the market is bifurcated into top-load, end-load, and wrap-around. On the basis of capacity (cartons per minute), the market segmentation includes up to 70 CPM, 70 to 150 CPM, 150 to 400 CPM, and above 400 CPM. By orientation, the market is divided into horizontal and vertical. Additionally, the end-use industry of cartoning machines includes food, beverage, healthcare, personal care, home care, and others. Furthermore, on the basis of geography, the global cartoning machines market is bifurcated into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Moreover, the aforementioned regions are further divided into the major economies of the respective region.
Asia Pacific is leading the Cartoning Machines Market
In 2019, Asia Pacific is having a potential share in the cartoning machines market because of the expanding industrial sector in emerging economies of the region. The rapidly growing food and beverage industry along with the increasing population is further bolstering the market value. The ongoing automation in end-use industries such as food, beverage, healthcare, personal care, and homecare of the emerging economies is further proliferating the regional market growth. Furthermore, the region is also anticipated to exhibit the fastest growth with major CAGR (%) during the estimated period from 2020 to 2027.
Key Market Players
The players profiled in the report include ACG Pampac Machines Private Limited, ADCO Manufacturing, Bradman Lake Group Ltd., Cama Group, Douglas Machine Inc., Econocorp Inc., IMA Industria Macchine Automatiche SpA, IWK Verpackungstechnik GmbH, Jacob White Packaging Ltd., Korber Medipak Sysems North America Inc., Marchesini Group, Molins Langen, Omori Machinery Co. Ltd., OPTIMA Packaging Group GmbH, Pakona Engineers Pvt Ltd., PMI Cartoning Inc., Robert Bosch GmbH, ROVEMA GmbH, Shibuya Packaging System Corporation, Tetra Pak International S.A., and Triangle Package Machinery Co. The major players were involved in strategic mergers and acquisitions, partnerships and collaboration, and new product development in order to increase the global market share in the near future.
Market By Machine Type
Market By Capacity (Cartons per minute)
Upto 70 CPM
70 to 150 CPM
150 to 400 CPM
Above 400 CPM
Market By Orientation
Market By End-Use Industry
Market By Geography
Middle East & Africa