The worldwide corrugated box machines market is supposed to develop at a CAGR of 5.0% during the gauge time frame (2022-2032). The corrugated box machines market esteem is projected to increment from US$ 992 Mn in 2022 to US$ 1,624 Mn by 2032.
Major packaging machinery producers are focusing on delivering economical and versatile corrugated box making machines that require very less setup time, as per Future Market Insights (FMI).
Boxes of any type and size ranging from regular small boxes to pallet boxes can be made using small and medium-sized corrugated box making machines. The latest box making solutions are designed specifically for companies requiring in-house production of corrugated boxes and the flexibility of quick box size change.
All the above-mentioned attributes make these machines the best box making solution for various small and medium-sized industries. The most cost-effective feature of the latest corrugated box making solution is that it consumes less energy in comparison with large integrated box making setups.
Get a Sample Copy of the Report @
https://www.futuremarketinsights.com/reports/sample/rep-gb-14967
Hence, key players in food & beverage and e-commerce industries are capitalizing on trending corrugated box making requirements with greater saving and profitability by using these machines.
Key Takeaways from Corrugated Box Machines Market
- By operating speed, upto 200 BPH segment is leading the global corrugated box machines market, accounting for 45.6% market share by 2032.
- In the end-use industry segment, the food & beverages segment will create an incremental $ opportunity of US$ 213.8 Mn in 2022.
- East Asia and South Asia, collectively, are anticipated to generate revenue for corrugated box machines market.
- On the basis of technology, automatic segment will witness fastest growth over the forecast period
“Increasing demand for corrugated boxes for packaging across different industries, especially used for packaging and transportation is anticipated to propel the demand for corrugated box machines during the forecast period.” says an FMI analyst.
Corrugated Box Machines Market Landscape
Mitsubishi Heavy Industries, Ltd., EMBA MACHINERY AB, BW Papersystems, Packsize International, Inc, SERPA PACKAGING SOLUTIONS, Latitude Machinery Corp., T-ROC EQUIPMENT, Fosber S.p.A., KOLBUS AMERICA INC., Zemat Technology Group, Ltd, Guangzhou Gaint Packaging Machinery Co. Ltd, Miller Weldmaster are also noticeable players in the market. The Tier 1 players in the market hold 10%-15% of the global market for corrugated box machines.
Before Buying, Visit for Customization @
https://www.futuremarketinsights.com/customization-available/rep-gb-14967
Corrugated Box Machines Market Report
Future Market Insights, in its new report, offers an unbiased analysis of the global market for corrugated box machines, analyzing historical demand from 2016-to 2021 and forecast statistics for 2022-to 2032.
The study reveals market growth projections on the corrugated box machines based on technology (automatic, semi-automatic, manual), operating speed (Upto 200 BPH, 201 to 400 BPH, Above 400 BPH), machine type (stand alone and integrated), end use industry (food & beverage, pharmaceuticals, automotive, cosmetic & personal care, chemicals, electrical & electronics) and across seven regions.
About Us:
Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.
Contact:
Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com