The market for box and carton overwrapping machines is predicted to reach close to US$ 1.1 billion in 2023 and to expand at a CAGR of 3.3% from 2023 to 2033. The market for box and carton overwrapping machines is expected to surpass US$ 1.6 billion by the end of 2033.
The market is growing as a result of rising consumer and end-user demand for enticing and eco-friendly packaging. To capitalise on the market demand for box and carton overwrapping machines, manufacturers are focusing on developing packing machinery that can seal boxes while giving them a desirable appearance.
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Box and Carton Overwrapping Machines Market Introduction: Definition of Overwrapping
Overwrapping is a cycle where a carton or box, plate, or a pack is wrapped and fixed. Box and carton overwrapping machines can wrap round and hollow, cubical, cuboids, and strong formed items. Box and carton overwrapping machines manage boxes and cartons.
Box and carton overwrapping machines are additionally alluded as cigarette wrapping, gift-box wrapping, group wrapping, and in some cases jewel overlay wrapping. Box and carton overwrapping machines serve enterprises like food, refreshment, medical services, individual consideration and beauty care products, and different markets.
Box and Carton Overwrapping Machines Market: Substrate Materials Used & Effect of These Machines
Box and carton overwrapping machines are used for different types of materials which can be BoPP, CPP, and polypropylene, including polymers. The manufacturers in the box and carton overwrapping machines market are providing a wide range of options in the substrate material for films, right from polyethylene to cellophane, boosting the market demand for box and carton overwrapping machines.
The global box and carton overwrapping machines market is estimated to significant growth in the upcoming years as these can be used for a variety of boxes and packaging types. Box and carton overwrapping machines not only increase the production efficiency, but also wrap packages to enhance their appearance. In addition, overwrapping improves product presentation, preserves the freshness, and enhances the shelf life of the product.
The global box and carton overwrapping machines market is segmented into product type, end use, and region. On the basis of product type, the global box and carton overwrapping machines market is classified as manual, semiautomatic, and automatic machines.
On the basis of end use, the global box and carton overwrapping machines market is classified as food, beverage, healthcare, cosmetics & personal care, industrial packaging, and others. The classification of the global box and carton overwrapping machines market describes the different types of machines and their applications in various end-use industries.
Box and Carton Overwrapping Machines Market Getting a Boost Through Changes in the Manufacturing Sector
Governments in many countries are persistently encouraging local manufacturing. The box and carton overwrapping machines market is anticipated to have an increment in further growth, owing to the expanding packaging machinery market.
Key countries such as the United States, Germany, and China are developing in terms of machinery production and manufacturing capabilities, fueling the box and carton overwrapping machines market. The different kind of materials used in box and carton overwrapping machines for manufacturing films are used according to the packaging requirement, which can be barrier, clarity, toughness, and tensile strength among other properties.
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Box and Carton Overwrapping Machines Market: Key Trends
Some of the key trends in the global box and overwrapping machines market are-
Focke & Co. (GmbH & Co. KG) provides box and carton overwrapping machines which can pack up to 800 packs per minute. The company offers a wide range of machines with different capacities up to 16 cpm.
Companies such as Minipack International Pty. Ltd., in the box and carton overwrapping machines market and other peer companies provide multi-function digital indication frequency meters for better performance of overwrapping machines.
Box and Carton Overwrapping Machines Market: Competitive Landscape
Focke & Co. (GmbH & Co. KG), ULMA Packaging, S.Coop., Marden Edwards Ltd., Sollas Holland BV, ProMach, Inc., Wega Electronics sp. z.o.o., I.M.A. Industria Macchine Automatiche SpA, Minipack International Pty Ltd., Chie Mei Enterprise Co., Ltd., Tenchi Sangyo & Tenchi Kikai Co.,Ltd., JET Pack Machines Pvt. Ltd., Aetnagroup S.p.A., and Heino Ilsemann GmbH among others.
Box and Carton Overwrapping Machines Market by Category
By Product:
- Manual
- Semi-Automatic
- Automatic Machines
By End Use:
- Food
- Beverage
- Healthcare
- Personal Care and Cosmetics
- Industrial Packaging
- Others
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By Region:
- North America
- Latin America
- Western Europe
- Eastern Europe
- Asia Pacific
- Japan
- MEA
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