The global market for folding gluing machines is predicted to grow at a significant Compound Annual Growth Rate (CAGR) of 4.5% from 2023 to 2033, rising from a valuation of US$ 634.1 million in 2023 to US$ 984.7 million by 2033.
The demand for folding gluing machines is driven by several factors, including the rising need for packaging materials in various sectors such as food and beverage, healthcare, and consumer products.
Sustainable packaging materials are also driving the demand for folding and gluing machines. Personalized packaging has also shown to be a beacon for future expansion as brands try to improve recall value.
The eCommerce industry is another factor driving the demand for folding and gluing machines.
Automatic folding gluing machines are designed to process large amounts of materials quickly and efficiently. As a result, the folding gluing machines market segment is predicted to acquire 63.6% of the market share due to its efficiency, accuracy, and cost-effectiveness.
The semi-automatic segment is expected to cover 37.3% of the market share in 2023. These machines require some human intervention, such as manually feeding materials into the machine. They are also gaining popularity in the packaging business due to their low cost and flexibility. These machines can still cut labor costs and waste resources while producing a variety of high-quality packaging items.
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The rotary cup-filling machine segment is expected to have a strong market share of 57.9%, driven by the growing demand for packaged food. Rotary cup-filling machines are used in the food and beverage sector to fill cups, containers, or trays with liquids like milk, juice, yogurt, or pudding. These machines are built to handle a large number of cups while filling them with accuracy and precision.
Europe is anticipated to command 24.2% of the global market share, with the UK leading the market due to its flourishing manufacturing industry and high demand for packaging materials.
The United States is North America’s profitable market, accounting for 17.2% of the folding gluing machines market in 2022. The market for folding gluing machines in the United States is growing substantially due to the high need for packaging solutions in various industries, including food and beverage, pharmaceuticals, and consumer goods.
India is one of the lucrative markets operating in the folding gluing machines market. The market is witnessing a growth of 6.5% due to high demand from the food manufacturing and industrial automation industries.
The Major Market Players Are-
- 3M Company,
- Ashland Global Specialty Chemicals Inc.,
- Bostik SA (Arkema S.A),
- Coim Group,
- DIC Corporation,
- Dow Inc.,
- DuPont de Nemours Inc.,
- Evonik Industries AG,
- Flint Group,
- others
Competitive Landscape.
Manufacturers of folding gluing machines are focusing on production by utilizing cutting-edge technologies to advertise their machines across numerous regions. Leading folding gluing machine manufacturers are investing heavily in R&D to innovate existing product lines and acquire a competitive advantage.
While change-over time reduction is important, innovative technology integration is also a vital strategy for folding gluing machine manufacturers.
Roberts PolyPro Inc., a manufacturer of product packaging solutions in the United States, has developed a straight-line gluer and a super-gluer folding gluing machine. It has 80% less moving parts than standard folding gluing machines, which minimizes maintenance time.
Market Drivers-
- Rising Demand for Efficient Packaging: With the growth of e-commerce and the need for attractive, secure, and efficient packaging, the demand for folding gluing machines has surged. These machines offer high-speed and precise folding and gluing, meeting the packaging demands of various industries.
- Customization and Personalization: Today’s consumers expect personalized and eye-catching packaging. Folding gluing machines enable the customization of packaging designs, sizes, and shapes, allowing businesses to create unique and brand-specific packaging solutions.
- Sustainability and Eco-friendly Packaging: With the increasing focus on sustainability, folding gluing machines are used to create eco-friendly packaging. They enable the production of recyclable and biodegradable packaging, meeting the demands of environmentally conscious consumers and regulations.
- Efficiency and Cost Savings: Folding gluing machines improve production efficiency by reducing manual labor and increasing output. This leads to cost savings for manufacturers, making them an attractive investment.
- Pharmaceutical Packaging Regulations: The pharmaceutical industry, in particular, is subject to strict regulations for packaging safety and traceability. Folding gluing machines are designed to meet these stringent requirements, ensuring secure and compliant pharmaceutical packaging.
Latest Developments
- In 2020, Jaymar Packaging purchased a Bobst Visionfold 110 A2 folder-gluer to increase the flexibility of its operations. Jaymar plans to use the machine for a variety of packaging applications, including sleeves, cartons, four-corner trays, and litho-laminated work.
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Key Segmentations-
By Machine Type:
- Automatic Folding Gluing Machines
- Semi-Automatic Folding Gluing Machines
By Fold Type:
- Straight Line Boxes
- Pocket Fold Boxes
- Crash Lock Boxes
- Multi Corner Boxes
By End User:
- Food
- Beverages
- Personal Care & Cosmetics
- Electrical & Electronics
- Automotive
- Healthcare & Pharmaceuticals
- Other Consumer Goods
By Region:
- North America
- Latin America
- Western Europe
- Eastern Europe
- Asia Pacific Excluding Japan (APEJ)
- Japan
- Middle East & Africa (MEA)
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Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer, Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 5000 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
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