AP NEWS
Press release content from Business Wire. The AP news staff was not involved in its creation.
PRESS RELEASE: Paid content from Business Wire
Press release content from Business Wire. The AP news staff was not involved in its creation.

Global Cartoning Machines Market Study 2019 | Market Set to Expand at a CAGR of 5.9% During 2019-2027 - ResearchAndMarkets.com

November 20, 2019 GMT

DUBLIN--(BUSINESS WIRE)--Nov 20, 2019--

The “Global Cartoning Machines Market Size, Market Share, Application Analysis, Regional Outlook, Growth Trends, Key Players, Competitive Strategies and Forecasts, 2019 to 2027” report has been added to ResearchAndMarkets.com’s offering.

The overall cartoning machines market worldwide was valued at US$ 4.67 Bn in 2018 and is set to grow with 5.9% CAGR during the forecast period.

Globalization has removed all barriers and increased transit distance and time for products. Cartons are protective packaging solutions which ensure the safety of the product throughout the supply chain. In 2018, the global packaging industry was valued at more than US$ 800 Bn and increasing with more than 2.7% every year.

Technological advancements such as design improvements, capacity expansion, and automation are the major growth drivers for cartoning machines market. Proliferating food & beverages and healthcare sector is among the most significant factors supporting the cartoning machines market growth. As a result, we are expecting high growth in the cartoning machines market during the forecast period.

Based on end-use, food & beverages segment is the leader in cartoning machines market with more than 36% of the market share. Food & beverages segment is the leader due to growing FMCG market around the globe with more than 3.6% every year. In cartons, the product is safe and easy to carry as compared with plastic bags and paper bags. The worldwide increase in exports for FMCG products is also driving the growth for cartoning machines market. The healthcare segment will grow with the highest CAGR during the forecast period on account of rising expenditure on healthcare and personal care products. Due to all these factors, food & beverages segment will continue leading the cartoning machines market throughout the forecast period.

Based on the geography, in 2018, Asia Pacific was the leader in cartoning machines market with more than 37% of the market share worldwide. India and China are expected to remain the growth engines for cartoning machines market in the Asia Pacific. The region will grow substantially due to rise in the packaging industry in the region. On account of extensive industrialization and growth in food and beverages sector in developing economies such as China and India, the Asia Pacific region will continue growing with high CAGR during the forecast period. Further, the rise in the e-commerce industry in the region is also driving the growth for cartoning machines. As a result of all these factors, we are expecting high growth in the region throughout the forecast period.

Major market players are focusing on strategies such as new product development to improve their market position. For example, in 2016, IWK Verpackungstechnik GmbH introduced the world’s fastest cartoning machine which can make 1000 cartons per minute. Feature enhancement is expected to remain a key strategy in the market in years to come.

Some of the major companies profiled in the report include Econocorp Inc, Robert Bosch GmbH, ACG Worldwide, Pakmatic Company (PTY) LTD, Betti s.r.l., Bivans Corporation, Engelmann & Buckham Ltd., Molins Langen, Omori Machinery Co. Ltd., OPTIMA Packaging Group GmbH, IWK Verpackungstechnik GmbH, ROVEMA GmbH, IMA Industria Macchine Automatiche SpA and others.

Key Topics Covered

1. Preface

2. Executive Summary

2.1. Global Cartoning Machines Market Snapshot

2.2. Global Cartoning Machines Market, By Machine Type, 2019 (US$ Bn)

2.3. Global Cartoning Machines Market, By Capacity, 2019 (US$ Bn)

2.4. Global Cartoning Machines Market, By Orientation, 2019 (US$ Bn)

2.5. Global Cartoning Machines Market, By Dimensions, 2019 (US$ Bn)

2.6. Global Cartoning Machines Market, By End-Use, 2019 (US$ Bn)

2.7. Global Cartoning Machines Market, By Geography, 2019 (US$ Bn)

3. Global Cartoning Machines Market Analysis

3.1. Global Cartoning Machines Market Overview

3.2. Market Dynamics

3.2.1. Market Drivers

3.2.2. Market Challenges

3.3. Attractive Investment Proposition, By Geography, 2019

3.4. Market Positioning of Key Industry Participants

3.4.1. Major Strategies Adopted

4. Global Cartoning Machines Market Value, By Machine Type , 2019 - 2027 (US$ Bn)

4.1. Market Analysis

4.2. Top-Load

4.3. End-Load

4.4. Wrap-Around

5. Global Cartoning Machines Market Value, By Capacity , 2019 - 2027 (US$ Bn)

5.1. Market Analysis

5.2. 0- 70 CPM

5.3. 70-150 CPM

5.4. 150-400 CPM

5.5. More Than 400 CPM

6. Global Cartoning Machines Market Value, By Orientation , 2019 - 2027 (US$ Bn)

6.1. Market Analysis

6.2. Horizontal

6.3. Vertical

7. Global Cartoning Machines Market Value, By Dimensions, 2019 - 2027 (US$ Bn)

7.1. Market Analysis

7.2. 0-200 CM3

7.3. 200-1000 CM3

7.4. 1000-5000 CM3

7.5. 5000-10000 CM3

7.6. More Than 10000 CM3

8. Global Cartoning Machines Market Value, By End-Use, 2019 - 2027 (US$ Bn)

8.1. Market Analysis

8.2. Food & Beverages

8.3. Healthcare

8.4. Personal Care

8.5. Homecare

8.6. Electronics

9. North America Cartoning Machines Market Analysis, 2019 - 2027 (US$ Bn)

10. Europe Cartoning Machines Market Analysis, 2019 - 2027 (US$ Bn)

11. Asia Pacific Cartoning Machines Market Analysis, 2019 - 2027 (US$ Bn)

12. Rest of World Cartoning Machines Market Analysis, 2019 - 2027 (US$ Bn)

13. Company Profiles

13.1. Econocorp Inc

13.2. Robert Bosch GmbH

13.3. ACG Worldwide

13.4. Pakmatic Company (PTY) LTD

13.5. Betti s.r.l.

13.6. Bivans Corporation

13.7. Engelmann & Buckham Ltd.

13.8. Molins Langen

13.9. Omori Machinery Co. Ltd.

13.10. OPTIMA Packaging Group GmbH

13.11. IWK Verpackungstechnik GmbH

13.12. Rovema GmbH

13.13. IMA Industria Macchine Automatiche SpA

For more information about this report visit https://www.researchandmarkets.com/r/yixq6t

View source version on businesswire.com:https://www.businesswire.com/news/home/20191120005664/en/

CONTACT: ResearchAndMarkets.com

Laura Wood, Senior Press Manager

press@researchandmarkets.com

For E.S.T Office Hours Call 1-917-300-0470

For U.S./CAN Toll Free Call 1-800-526-8630

For GMT Office Hours Call +353-1-416-8900

KEYWORD:

INDUSTRY KEYWORD: PACKAGING MANUFACTURING

SOURCE: Research and Markets

Copyright Business Wire 2019.

PUB: 11/20/2019 11:00 AM/DISC: 11/20/2019 11:01 AM

http://www.businesswire.com/news/home/20191120005664/en