Corrugated Box Making Machine Market Trends, Industry | 2031

Corrugated Box Making Machine Market Trends, Industry | 2031

Segments - Corrugated Box Making Machine Market by Function Types (Semi-automatic and Automatic), Types (Flexo Folder Gluer, Rotary Die Cutter, Multi-cassette Positive Pressure Single Facer, Paper Sheet Delivery and Slide Conveyor, Shaftless Mill Roll Stand, Preheater, Automatic Bride Tensin Correction Machine, and Others), End-users (Food & Beverage, Electronics, Home and Personal Care, Textiles, Paper, and Others), Distribution Channels (Direct Sales (OEM) and Indirect Sales), and Regions (Asia Pacific, North America, Europe, Latin America, and Middle East & Africa) Forecasts, 2023-2031

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Author : Riddhesh Dani
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Fact-checked by : Harneet Meher
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Editor : Shruti Bhat

Upcoming | Report ID :MC-2938 | 4.2 Rating | 60 Reviews | 195 Pages | Format : PDF Excel PPT

Report Description


The global corrugated box making machine market size was valued at USD 2.79 Billion in 2022 and is likely to reach USD 3.33 Billion by 2031, expanding at a CAGR of 2% during 2023 – 2031.Corrugated box making machine is used for making corrugated boxes. Corrugated boxes are used for packaging industrial and consumer products. Corrugated boxes protect the goods from further damage and are light in weight when compared to wooden boxes. These boxes have high safety standards and durable when compared with other packaging methods such as cardboard packaging. Corrugated box is used for packing shoe box, gift box, medicine box, jewelry box, tea box, cosmetic box, watches, wine box, and mobile phone box.

Corrugated Box Making Machine Market Outlook

A corrugated box making machine provides company with better selection of carton sizes. The production process of corrugated box making machine includes corrugated board line, cutting line, and printing slotted paperboard die-cut.

  • Increasing demand from packaging industry is driving the market during the forecast period.

  • Growing e-commerce industry is spurring the market in the projected timeline.

  • Increasing consumer awareness toward sustainable packaging is estimated to driving the market during the forecast period.

  • Growing Internet penetration and rising disposable income are expected to fuel the market.

  • The Covid-19 outbreak is expected to negatively impact the demand for corrugated box making machines due to closedown of manufacturing facilities.

  • Increasing investment in research and development activities is anticipated to propel the market growth during the forecast period.

  • Rising cost of raw material used in corrugated boxes can restrain the market growth.

Scope of the report

The report on corrugated box making machine market includes an assessment of the market, size, share, trends, segments, and regional markets. Overview and dynamics have been included in the report.

Attributes

Details

Report Title

Global Corrugated Box Making Machine Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast

Base Year

2022

Historic Data

2016 & 2021

Forecast Period

2023–2031

Segmentation

Types (Semi-automatic and Automatic), Types (Flexo Folder Gluer, Rotary Die Cutter, Multi-cassette Positive Pressure Single Facer, Paper Sheet Delivery and Slide Conveyor, Shaftless Mill Roll Stand, Preheater, Automatic Bride Tensin Correction Machine, and Others), End-users (Food & Beverage, Electronics, Home and Personal Care, Textiles, Paper, and Others), Distribution Channels (Direct Sales (OEM) and Indirect Sales)

Regional Scope

Asia Pacific, North America, Europe, Latin America, and Middle East & Africa

Report Coverage

Market scope, analysis, share, competitive analysis, growth facts, restraints, opportunities, and revenue forecast

Key Players Covered in the Report

Kolbus Autobox, Sunlight Manufactures, QINGDAO AOPACK ON DEMAND PACKAGING Co., Ltd., Natraj Corrugating Machinery.co., Monu Graphics, Boix Maquinaria, S.L., Guangdong Zhaoqing Xijiang(West River) Packaging Machinery Co., Ltd., EMBA Machinery AB, Wenzhou Zhongke Packaging Machinery Co., Ltd., SHINKO MACHINE CO., LTD., Zemat Technology Group, Ltd, Guangzhou Keshenglong Carton Packing Machine Co.,Ltd., METAL CREATION CO.,LTD., and  Guangzhou Giant Packaging Machinery Co., Ltd.

Corrugated Box Making Machine Market Segment Insights

Automatic segment is projected to hold significant market share

In terms of function types, the market can be fragmented into semi-automatic and automatic. The automatic segment held a considerable market share in 2020 owing to rising demand for automated machines. Different types of automated machines are available in the market such as folding and gluing machine, conveyor, single facer, and cut-of stacker.

Corrugated Box Making Machine Market Types

Flexo folder gluer held a substantial market share in 2020

In terms of types, the corrugated box making machine market can be divided into flexo folder gluer, rotary die cutter, multi-cassette positive pressure single facer, paper sheet delivery and slide conveyor, shaftless mill roll stand, preheater, automatic bride tensin correction machine, and others. The flexo folder gluer segment held a significant market share during the forecast period, as the machine is used for folding and gluing various materials such as plastic, metalized films, and corrugated boards for transforming them into a box or envelope.

Food & beverage segment to hold a significant market share

In terms of end-users, the corrugated box making machine market can be divided into food & beverage, electronics, home and personal care, textiles, paper, and others. The food & beverage segment is estimated to hold a significant market share during the forecast period. Corrugated boxes are used for packaging of various food and beverage products. In food and beverage industry, corrugated boxes are used as shipping containers, as these boxes are recyclable, durable, cost-effective, and light in weight.

Corrugated Box Making Machine Market End-users

Direct sales (OEM) held a substantial market share

In terms of distribution channels, the corrugated box making machine market can be segregated into direct sales (OEM) and indirect sales. The direct sales (OEM) segment constituted a significant market share in 2020 and is projected to expand at a rapid rate during the forecast period. Growing e-commerce industry is helping the manufacturers to sell their products directly to the customers.

Asia Pacific to dominate the global market

In terms of regions, the corrugated box making machine market can be fragmented into North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa. Asia Pacific constituted a significant market share in 2020 due to increasing adoption of corrugated box making machine in various industries. Growing retail industry due to increasing usage of Internet and rising disposable income is increasing demand for corrugated box making machine in the region. The market in North America is projected to expand at a significant CAGR during the forecast period due to the growing e-commerce industry.

Corrugated Box Making Machine Market Region

Segments

By Function Types

  • Automatic
  • Semi-automatic

By Types

  • Flexo folder gluer
  • Rotary die cutter
  • Multi-cassette positive pressure single facer
  • Paper sheet delivery and slide conveyor
  • Shaftless mill roll stand
  • Preheater
  • Automatic bride Tensin correction machine
  • Others

By End-users

  • Food & Beverage
  • Electronics
  • Home and personal care
  • Textiles
  • Paper
  • Others

By Distribution Channels

  • Direct Sales (OEM)
  • Indirect Sales

By Regions

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East & Africa

By Key Players

  • Kolbus Autobox
  • Sunlight Manufactures
  • QINGDAO AOPACK ON DEMAND PACKAGING Co., Ltd.
  • Natraj Corrugating Machinery.co.
  • Monu Graphics
  • Boix Maquinaria, S.L.
  • Guangdong Zhaoqing Xijiang(West River) Packaging Machinery Co., Ltd.
  • MBA Machinery AB
  • Wenzhou Zhongke Packaging Machinery Co., Ltd.
  • SHINKO MACHINE CO., LTD.
  • Zemat Technology Group, Ltd
  • Guangzhou Keshenglong Carton Packing Machine Co.,Ltd.
  • METAL CREATION CO.,LTD.
  • Guangzhou Giant Packaging Machinery Co., Ltd.

Competitive Landscape

Key players in the corrugated box making machine market include Kolbus Autobox, Sunlight Manufactures, QINGDAO AOPACK ON DEMAND PACKAGING Co., Ltd., Natraj Corrugating Machinery.co., Monu Graphics, Boix Maquinaria, S.L., Guangdong Zhaoqing Xijiang(West River) Packaging Machinery Co., Ltd., EMBA Machinery AB, Wenzhou Zhongke Packaging Machinery Co., Ltd., SHINKO MACHINE CO., LTD., Zemat Technology Group, Ltd,  Guangzhou Keshenglong Carton Packing Machine Co.,Ltd., METAL CREATION CO.,LTD., and  Guangzhou Giant Packaging Machinery Co., Ltd.

Corrugated Box Making Machine Market Keyplayers

The manufacturers are investing in research and development activities to develop new techniques to manufacture corrugated box making machines. The key players focus on providing highly-efficient and reliable corrugated box making machines with advanced technology such as Internet of Things (IOT) and artificial intelligence (AI). Additionally, the manufacturers are gaining competitive edge by increasing product differentiation.

Table Of Content

1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Corrugated Box Making Machine Market Overview
  4.1. Introduction
     4.1.1. Market Taxonomy
     4.1.2. Market Definition
  4.2. Macro-Economic Factors
     4.2.1. Industry Outlook
  4.3. Corrugated Box Making Machine Market Dynamics
     4.3.1. Market Drivers
     4.3.2. Market Restraints
     4.3.3. Opportunity
     4.3.4. Market Trends
  4.4. Corrugated Box Making Machine Market - Supply Chain
  4.5. Global Corrugated Box Making Machine Market Forecast
     4.5.1. Corrugated Box Making Machine Market Size (US$ Mn) and Y-o-Y Growth
     4.5.2. Corrugated Box Making Machine Market Size (000’ Units) and Y-o-Y Growth
     4.5.3. Corrugated Box Making Machine Market Absolute $ Opportunity
5. Global Corrugated Box Making Machine Market Analysis and Forecast by Region
  5.1. Market Trends
  5.2. Introduction
     5.2.1. Basis Point Share (BPS) Analysis by Region
     5.2.2. Y-o-Y Growth Projections by Region
  5.3. Corrugated Box Making Machine Market Size and Volume Forecast by Region
     5.3.1. North America
     5.3.2. Latin America
     5.3.3. Europe
     5.3.4. Asia Pacific
     5.3.5. Middle East and Africa (MEA)
  5.4. Absolute $ Opportunity Assessment by Region
  5.5. Market Attractiveness/Growth Potential Analysis by Region
  5.6. Global Corrugated Box Making Machine Demand Share Forecast, 2019-2026
6. North America Corrugated Box Making Machine Market Analysis and Forecast
  6.1. Introduction
     6.1.1. Basis Point Share (BPS) Analysis by Country
     6.1.2. Y-o-Y Growth Projections by Country
  6.2. North America Corrugated Box Making Machine Market Size and Volume Forecast by Country
     6.2.1. U.S.
     6.2.2. Canada
  6.3. Absolute $ Opportunity Assessment by Country
  6.4. Market Attractiveness/Growth Potential Analysis
     6.4.1. By Country
     6.4.2. By Product Type
     6.4.3. By Application
  6.5. North America Corrugated Box Making Machine Demand Share Forecast, 2019-2026
7. Latin America Corrugated Box Making Machine Market Analysis and Forecast
  7.1. Introduction
     7.1.1. Basis Point Share (BPS) Analysis by Country
     7.1.2. Y-o-Y Growth Projections by Country
     7.1.3. Latin America Average Pricing Analysis
  7.2. Latin America Corrugated Box Making Machine Market Size and Volume Forecast by Country
      7.2.1. Brazil
      7.2.2. Mexico
      7.2.3. Rest of Latin America
   7.3. Absolute $ Opportunity Assessment by Country
  7.4. Market Attractiveness/Growth Potential Analysis
     7.4.1. By Country
     7.4.2. By Product Type
     7.4.3. By Application
  7.5. Latin America Corrugated Box Making Machine Demand Share Forecast, 2019-2026
8. Europe Corrugated Box Making Machine Market Analysis and Forecast
  8.1. Introduction
     8.1.1. Basis Point Share (BPS) Analysis by Country
     8.1.2. Y-o-Y Growth Projections by Country
     8.1.3. Europe Average Pricing Analysis
  8.2. Europe Corrugated Box Making Machine Market Size and Volume Forecast by Country
     8.2.1. Germany
     8.2.2. France
     8.2.3. Italy
     8.2.4. U.K.
     8.2.5. Spain
     8.2.6. Russia
     8.2.7. Rest of Europe
  8.3. Absolute $ Opportunity Assessment by Country
  8.4. Market Attractiveness/Growth Potential Analysis
     8.4.1. By Country
     8.4.2. By Product Type
     8.4.3. By Application
  8.5. Europe Corrugated Box Making Machine Demand Share Forecast, 2019-2026
9. Asia Pacific Corrugated Box Making Machine Market Analysis and Forecast
  9.1. Introduction
     9.1.1. Basis Point Share (BPS) Analysis by Country
     9.1.2. Y-o-Y Growth Projections by Country
     9.1.3. Asia Pacific Average Pricing Analysis
  9.2. Asia Pacific Corrugated Box Making Machine Market Size and Volume Forecast by Country
     9.2.1. China
     9.2.2. Japan
     9.2.3. South Korea
     9.2.4. India
     9.2.5. Australia
     9.2.6. Rest of Asia Pacific (APAC)
  9.3. Absolute $ Opportunity Assessment by Country
  9.4. Market Attractiveness/Growth Potential Analysis
     9.4.1. By Country
     9.4.2. By Product Type
     9.4.3. By Application
  9.5. Asia Pacific Corrugated Box Making Machine Demand Share Forecast, 2019-2026
10. Middle East & Africa Corrugated Box Making Machine Market Analysis and Forecast
  10.1. Introduction
     10.1.1. Basis Point Share (BPS) Analysis by Country
     10.1.2. Y-o-Y Growth Projections by Country
     10.1.3. Middle East & Africa Average Pricing Analysis
  10.2. Middle East & Africa Corrugated Box Making Machine Market Size and Volume Forecast by Country
     10.2.1. Saudi Arabia
     10.2.2. South Africa
     10.2.3. UAE
     10.2.4. Rest of Middle East & Africa (MEA)
  10.3. Absolute $ Opportunity Assessment by Country
  10.4. Market Attractiveness/Growth Potential Analysis
     10.4.1. By Country
     10.4.2. By Product Type
     10.4.3. By Application
  10.5. Middle East & Africa Corrugated Box Making Machine Demand Share Forecast, 2019-2026
11. Competition Landscape
  11.1. Global Corrugated Box Making Machine Market: Market Share Analysis
  11.2. Corrugated Box Making Machine Distributors and Customers
  11.3. Corrugated Box Making Machine Market: Competitive Dashboard
  11.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
     11.4.1. Kolbus Autobox
     11.4.2. Sunlight Manufactures
     11.4.3. QINGDAO AOPACK ON DEMAND PACKAGING Co., Ltd.
     11.4.4. Natraj Corrugating Machinery.co.
     11.4.5. Monu Graphics
     11.4.6. Boix Maquinaria, S.L.
     11.4.7. Guangdong Zhaoqing Xijiang(West River) Packaging Machinery Co., Ltd.
     11.4.8. MBA Machinery AB
     11.4.9. Wenzhou Zhongke Packaging Machinery Co., Ltd.
     11.4.10. SHINKO MACHINE CO., LTD.
     11.4.11. Zemat Technology Group, Ltd
     11.4.12. Guangzhou Keshenglong Carton Packing Machine Co.,Ltd.
     11.4.13. METAL CREATION CO.,LTD.
     11.4.14. Guangzhou Giant Packaging Machinery Co., Ltd.

Methodology

Our Clients

Siemens Healthcare
General Electric
Honda Motor Co. Ltd.
Pfizer
sinopec
Dassault Aviation
General Mills
Deloitte