Cartoning Machines Market

According to Stratistics MRC, the Global Cartoning Machines Market is accounted for $2.83 billion in 2023 and is expected to reach $4.20 billion by 2030 growing at a CAGR of 5.8% during the forecast period. A cartoner is a type of packaging device that, either manually or automatically, creates cartons for storing products inside of them before folding or adhering the cartons together with glue to prepare them for transportation. A developing trend is to integrate improvements to overall equipment effectiveness (OEE) with the use of turnkey solutions. The increased market demand for creative and lightweight cartons has manufacturers concentrating on technological advancements.

According to a recent announcement by DEF Packaging Systems, the company is experiencing significant growth due to increasing demand for their efficient, versatile, and eco-friendly cartoning machines.



Market Dynamics:

Driver:

Expanding demand for packaged foods and drinks

The global Cartoning Machines market expected to drive growth during the forecast period. Convenience, shelf life, and food safety are some of the things that influence the demand for packaged foods and drinks. Many different food and beverage products, such as snacks, cereals, frozen foods, and beverages, are packaged using cartoning machines. Moreover, Products are consistently and effectively packaged with the aid of cartoning machines, which lowers waste and boosts quality.

Restraint:

Alternative packaging options are offered

Although cartoning machines are frequently used in the packaging sector, other packaging options exist as well, including pouches, bags, and trays. These options might be better suited for particular goods or sectors of the economy, which might reduce the demand for cartoning machines. For instance, specific packaging may be needed for some products, such as vacuum-sealed bags or clamshell containers, which cartoning machines are unable to produce.

Opportunity:

Demand for eco-friendly packaging solutions is rising

The global Cartoning Machines market expected to drive growth during the forecast period. Many businesses are looking for ways to lessen their environmental impact as environmental awareness grows. Sustainable packaging options can aid businesses in achieving this objective. Utilizing recyclable or biodegradable materials in cartoning equipment can help businesses cut waste and raise their sustainability standing. However, manufacturers of cartoning machines now have a chance to create cutting-edge, environmentally friendly solutions that cater to both business and consumer needs.

Threat:

Fluctuating prices for raw materials

The global Cartoning Machines market expected to hamper growth during the forecast period. The price of raw materials can have a sizable effect on the market for cartoning machines. The price of making cartoning machines can fluctuate depending on the price of materials like steel, aluminum, and plastic. Additionally, these materials' availability may be impacted by supply chain disruptions, which may result in production delays and higher costs. Moreover, Businesses can look into alternative materials or suppliers to address this threat, build trusting relationships with suppliers, and put effective inventory management procedures in place.

Covid-19 Impact:

The ongoing COVID-19 pandemic has affected consumer behavior and disrupted supply chains, which could be detrimental to the cartoning machine market. For instance, because of the economy's volatility or shifts in demand for particular products, some businesses might be reluctant to make an investment in new equipment. Furthermore, difficulties with shipping and logistics may affect the availability of the raw materials and components required to make cartoning machines.

The horizontal cartoning machines segment is expected to be the largest during the forecast period

The horizontal cartoning machines segment is expected to be the largest during the forecast period, due to rising packaged food and beverage demand, developments in automation and robotics technology, and the requirement for effective and affordable packaging solutions. The versatility, high processing speeds, and capacity to handle a variety of product sizes and shapes make horizontal cartoning machines the preferred choice. The demand for horizontal cartoning machines may increase as a result of businesses looking for packaging options that minimize waste due to a growing emphasis on sustainability and environmental friendliness. In general, it is anticipated that the horizontal cartoning machine segment will continue to rule the market for cartoning machines in the years to come.

The pharmaceutical and healthcare segment is expected to have the highest CAGR during the forecast period

The pharmaceutical and healthcare segment is anticipated to witness the fastest CAGR growth during the forecast period, due to rising pharmaceutical product demand, eco-friendly packaging options, and robotics and automation advancements in technology. Pharmaceutical products can be packaged precisely and effectively with the help of cartoning machines. Automation and eco-friendly packaging options are sought after in the sector to spur growth. Overall, manufacturers of cartoning machines have a sizable opportunity in this market.

Region with largest share:

During the forecast period, North America is predicted to have the largest share. The demand for automated packaging solutions in numerous end-use industries, including food and beverage, pharmaceuticals, and cosmetics, is the primary driver of growth in the region. The region is home to some of the biggest food and beverage producers in the world, which is fueling the demand for cartoning equipment. Additionally, the market in North America is anticipated to grow even more due to the presence of significant players in the area and technological advancements in cartoning machines. In North America, the United States leads Canada and Mexico in terms of the size of the cartoning machine market.

Region with highest CAGR:

The Asia Pacific region is anticipated to have the highest Compound Annual Growth Rate (CAGR) in the cartoning machines market over the course of the forecast period due to rising packaged food and beverage demand, expansion of the pharmaceutical and healthcare sectors, and growth of the e-commerce sector. This growth is anticipated to be primarily driven by China's and India's emerging economies, where the demand for packaged food and beverages is being driven by rising urbanization and disposable incomes. Manufacturers of cartoning machines can expand their market reach and develop their businesses by taking advantage of the regions numerous opportunities.



Key players in the market

Some of the key players in Cartoning Machines market include Aagard Group, LLC., ACG Worldwide, Bivans Corporation, Bosch Packaging Tech, Delkor Systems, Inc., Douglas Machine Inc., EconoCorp Inc., Engelmann & Buckham Ltd., Frain Industries, Graphic Packaging Intl., Marchesini Group S.p.A., Messe Düsseldorf GmbH, Nordson Corporation, Nuspark Inc., Optima Machinery Corp., ROVEMA GmbH, Shibuya Packaging System Corpoartion, Trustar Pharma & Packing Equipment Co. Ltd, Valco Melton and WestRock.

Key Developments:

In February 2021, The Sigpack TTMD combined fundamental technologies of the TTM platform with one or more seamlessly integrated Delta robot cells to broaden Syntegon's secondary packaging range.

In July 2019, Douglas Machine Inc. invented the 'Axiom IM case packer,' which can pack frozen food cartons at speeds of up to 34 cases per minute.

In January 2019, Baumer India announced the launch of a pharma cartoning machine.

Types Covered:
• Vertical/Top-Load Cartoning Machine
• Horizontal/End-Load Cartoning Machine
• Wrap-around
• Other Types

Dimensions Covered:
• 200 Cm3
• 200 To 1,000 Cm3
• 1,000 To 5,000 Cm3
• 5, 000 To 10,000 Cm3
• Above 10,000 Cm3
• Other Dimensions

Capacities Covered:
• Up To 70 CPM
• 70 To 150 CPM
• 150 To 400 CPM
• Above 400 CPM
• Other Capacities

Packaging Materials Covered:
• Paperboard
• Corrugated Fiberboard
• Other Packaging Materials

End-Users Covered:
• Food & Beverage
• Healthcare & Pharmaceuticals
• Cosmetics
• Personal Care
• Healthcare
• Consumer Goods
• Other End Users

Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2021, 2022, 2023, 2026, and 2030
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances