Folding Gluing Machines Market Projected to Achieve Remarkable Growth with a Noteworthy 4.5% CAGR by 2033 | FMI

Folding Gluing Machines Market

Anticipated to reach a valuation of US$ 634.1 million in 2022, the folding gluing machines market is poised for robust expansion, projected to surge to US$ 984.7 million by 2033. This remarkable growth is underpinned by a substantial Compound Annual Growth Rate (CAGR) of 4.5% throughout the forecast period. The ascending trajectory reflects a rising demand for these machines, driven by evolving packaging needs across various industries. As businesses increasingly prioritize efficient and automated production processes, the sales of folding gluing machines are expected to witness sustained momentum, contributing to the market’s accelerated financial ascent over the coming years.

The unfolding future of the folding gluing machines market is intricately tied to the burgeoning demand for sustainable packaging solutions. As businesses increasingly prioritize eco-friendly materials to reduce their carbon footprint, the necessity for advanced folding and gluing machinery is on the rise. Simultaneously, the continued growth of the e-commerce sector is poised to be a pivotal factor propelling the market forward, as the surge in online retailing intensifies the need for efficient and tailored packaging solutions. In essence, the trajectory of the folding gluing machines market is shaped by a dual force of environmental consciousness and the evolving landscape of global commerce.

The European folding gluing machine market is expected to assert its dominance with a substantial 24.2% share of the global market. This commanding position is forecasted to strengthen in the coming years, driven by various factors. Among these, the increasing demand for packaging materials and a growing awareness of sustainability play pivotal roles in propelling the market’s growth.

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Manufacturers in this sector are directing their efforts towards creating energy-efficient and environmentally friendly equipment, incorporating modern technologies like automation and smart sensors. The infusion of increased investments in Research and Development (R&D) endeavors is anticipated to yield machines with enhanced capabilities, further promoting market growth. This trend underscores the industry’s commitment to innovation and sustainability.

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.

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.

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

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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-

  1. 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.
  2. 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.
  3. 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.
  4. 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.
  5. 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)

About Future Market Insights (FMI)

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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