NEW YORK , July 14, 2022 /PRNewswire/ -- The COVID-19 pandemic diverted offline shoppers to online platforms such as eBay and Amazon. In addition, more than every eighth currency of household expenditure was spent on goods via online platforms. Therefore, the growing e-commerce sales are expected to proliferate the demand for corrugated boxes and corrugated box making machines in the regional market during the forecast period. One of the key factors driving the Corrugated Box Making Machine Market is the exponential growth in the e-commerce industry. Smart packaging is another factor supporting the corrugated box-making machine market growth in the forecast period. The rising cost of raw materials used in corrugated boxes will be a major challenge for the data center market during the forecast period. Moreover, the corrugated box making machine market value is set to grow by USD 606.63 million , progressing at a CAGR of 1.83% from 2020 to 2025, as per the latest report by Technavio.
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Corrugated Box Making Machine Market 2021-2025: Vendor Analysis and Scope
The corrugated box making machine market report offers information on several market vendors, including ACME Machinery Co. Pvt. Ltd., Bobst Group SA, EMBA Machinery AB, Fosber Spa, ISOWA Corp., KOLBUS. GmbH & Co. KG, Mitsubishi Heavy Industries Ltd., Shinko Machine Mfg. Co. Ltd., Wenzhou Zhongke Packaging Machinery Co. Ltd., and Zemat Technology Group Ltd. among others. The corrugated box making machine market is fragmented and the vendors are deploying growth strategies such as high product differentiation to compete in the market. To make the most of the opportunities and recover from the post-COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
ACME Machinery Co. Pvt. Ltd. - The company offers various corrugated box making machines including, 60V (vertical/straight) model paper corrugation machine, 70-B-OBL Model High Speed Single Face Paper Corrugation Machine, Semi-Automatic Corrugated Side Flap Gluing Machine, etc. These machines are aimed at fulfilling customers' present needs, and all requirements are customized as per demands.
Bobst Group SA - The company offers various machines and components of machines for corrugated box making which are used for laminating, printing, converting, printing, and covering inline.
EMBA Machinery AB - The company sells various machines for automating the manufacturing of corrugated boxes under the brand name ULTIMA. Some of the models of the machines sold under the brand name ULTIMA are 175 QS ULTIMA, 215 QS ULTIMA, and 245 QS ULTIMA.
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Corrugated Box Making Machine Market 2021-2025: Segmentation
The corrugated box making machine market share growth by the food and beverages segment during the forecast period. The food and beverage industry include all the manufacturers involved in processing raw food materials, packaging, and distributing them. This includes alcoholic and non-alcoholic beverages such as cold drinks, energy drinks, and soda as well as processed meats such as fish and beef. The increase in food consumption among people across the world, combined with the increasing population, is the major driver of the market.
53% of the market's growth will originate from APAC during the forecast period. China and India are the key markets for the corrugated box making machines market in APAC. Market growth in this region will be faster than the growth of the market in other regions. With increasing, urbanization and growth of the middle-class population will facilitate the corrugated box making machine market growth in APAC over the forecast period.
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The Report also Covers the Following Areas:
Corrugated Box Making Machine Market size
Corrugated Box Making Machine Market trends
Corrugated Box Making Machine Market analysis
Corrugated Box Making Machine Market 2021-2025: Reasons to Buy this Report
CAGR of the market during the forecast period 2021-2025
Detailed information on factors that will assist corrugated box making machine market growth during the next five years
Estimation of the corrugated box making machine market size and its contribution to the parent market
Predictions on upcoming trends and changes in consumer behavior
The growth of the corrugated box making machine market
Analysis of the market's competitive landscape and detailed information on vendors
Comprehensive details of factors that will challenge the growth of corrugated box making machine market vendors
Corrugated Packaging Software Market by Type, Deployment, and Geography - Forecast and Analysis 2021-2025: The corrugated packaging software market size will grow up to USD 7.94 billion at a CAGR of 14.83% during 2021-2025. The corrugated packaging software market share growth by the packaged segment has been significant. Find More Research Insights Here
Corrugated Box Market in US by End-user and Material - Forecast and Analysis 2021-2025: The corrugated box market size in the US is expected to grow by 75.13 billion sq ft and record a CAGR of 3.88% during 2021-2025. The corrugated box market in US is fragmented and the vendors are deploying various growth strategies to compete in the market. Find More Research Insights Here
Corrugated Box Making Machine Market Scope
Accelerate at a CAGR of 1.83%
APAC, North America, Europe, MEA, and South America
China, US, India, Germany, and UK
Leading companies, competitive strategies, consumer engagement scope
ACME Machinery Co. Pvt. Ltd. , Bobst Group SA, EMBA Machinery AB, Fosber Spa, ISOWA Corp., KOLBUS. GmbH & Co. KG, Mitsubishi Heavy Industries Ltd., Shinko Machine Mfg. Co. Ltd., Wenzhou Zhongke Packaging Machinery Co. Ltd., and Zemat Technology Group Ltd.
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for the forecast period,
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.
3.4 Market outlook: Forecast for 2020 - 2025
5.3 Food and beverages - Market size and forecast 2020-2025
5.4 Electronic goods - Market size and forecast 2020-2025
5.5 Home and personal care goods - Market size and forecast 2020-2025
5.6 Textile goods - Market size and forecast 2020-2025
5.7 Others - Market size and forecast 2020-2025
7.3 APAC - Market size and forecast 2020-2025
7.4 North America - Market size and forecast 2020-2025
7.5 Europe - Market size and forecast 2020-2025
7.6 MEA - Market size and forecast 2020-2025
7.7 South America - Market size and forecast 2020-2025
10.3 ACME Machinery Co. Pvt. Ltd.
10.8 KOLBUS. GmbH & Co. KG
10.10 Shinko Machine Mfg. Co. Ltd.
10.11 Wenzhou Zhongke Packaging Machinery Co. Ltd.
10.12 Zemat Technology Group Ltd.
11.2 Currency conversion rates for US$
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
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