U.S. Corrugated Box Machines Market is expected to account for significant share by 2032

The global corrugated box machines market is expected to grow at a CAGR of 5.0% during the forecast period (2022-2032). The corrugated box machines market value is projected to increase from US$ 992 Mn in 2022 to US$ 1,624 Mn by 2032. The corrugated box machines market is estimated to hold 2-5% of the global machines market worth ~US$ 43 Bn in 2021.

In 2021, the U.S. corrugated box machines market grew by 3.1% year on year. Across North America, total sales of corrugated box machines reached US$ 208 Mn, opines Future Market Insights (FMI).

The corrugated box machines market witnessed impressive growth in 2021 with worldwide revenues up 3.8% year over year. A new forecast by FMI estimates that corrugated box machines revenues will nearly double between 2022 and 2032.

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Hence, key players in food & beverage and e-commerce industries are capitalizing on trending corrugated box making requirements with greater saving and profitability by using these machines.

Key Takeaways from Corrugated Box Machines Market

  • By operating speed, upto 200 BPH segment is leading the global corrugated box machines market, accounting for 45.6% market share by 2032.
  • In the end-use industry segment, the food & beverages segment will create an incremental $ opportunity of US$ 213.8 Mn in 2022.
  • East Asia and South Asia, collectively, are anticipated to generate revenue for corrugated box machines market.
  • On the basis of technology, automatic segment will witness fastest growth over the forecast period

 “Increasing demand for corrugated boxes for packaging across different industries, especially used for packaging and transportation is anticipated to propel the demand for corrugated box machines during the forecast period.” says an FMI analyst.

Corrugated Box Machines Market Landscape

  • Mitsubishi Heavy Industries, Ltd.,
  • EMBA MACHINERY AB,
  • BW Papersystems,
  • Packsize International, Inc,
  • SERPA PACKAGING SOLUTIONS,
  • Latitude Machinery Corp.,
  • T-ROC EQUIPMENT,
  • Fosber S.p.A.,
  • KOLBUS AMERICA INC.,
  • Zemat Technology Group, Ltd,
  • Guangzhou Gaint Packaging Machinery Co. Ltd,
  • Miller Weldmaster

are also noticeable players in the market. The Tier 1 players in the market hold 10%-15% of the global market for corrugated box machines.

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Corrugated Box Machines Market Report

Future Market Insights, in its new report, offers an unbiased analysis of the global market for corrugated box machines, analyzing historical demand from 2016-to 2021 and forecast statistics for 2022-to 2032.

The study reveals market growth projections on the corrugated box machines based on technology (automatic, semi-automatic, manual), operating speed (Upto 200 BPH, 201 to 400 BPH, Above 400 BPH), machine type (stand alone and integrated), end use industry (food & beverage, pharmaceuticals, automotive, cosmetic & personal care, chemicals, electrical & electronics) and across seven regions.

Corrugated Box Machines Market by Category

By Technology:

  • Automatic
  • Semi-Automatic
  • Manual

By Operating Speed:

  • Upto 200 BPH
  • 201 to 400 BPH
  • Above 400 BPH

By Machine Type:

  • Stand Alone
  • Integrated

By End Use:

  • Food & Beverage
  • Pharmaceuticals
  • Automotive
  • Cosmetic & Personal Care
  • Chemicals
  • Electrical & Electronics

By Region:

  • North America
  • Latin America
  • Europe
  • East Asia
  • South Asia
  • Middle East and Africa (MEA)
  • Oceania

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https://www.thetechlog.com/?p=18809&preview=true

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https://dftsocial.com/story14076095/corrugated-handle-box-market-size-share-industry-trends-analysis-report-for-2029

https://www.homify.co.uk/users/9006761/nk99fmi

About Future Market Insights, Inc.

Future Market Insights, Inc. is an ESOMAR-certified business consulting & market research firm, a member of the Greater New York Chamber of Commerce and is headquartered in Delaware, USA. A recipient of Clutch Leaders Award 2022 on account of high client score (4.9/5), we have been collaborating with global enterprises in their business transformation journey and helping them deliver on their business ambitions. 80% of the largest Forbes 1000 enterprises are our clients. We serve global clients across all leading & niche market segments across all major industries.

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About the Author

Nikhil Kaitwade

Associate Vice President at Future Market Insights, Inc. has over a decade of experience in market research and business consulting. He has successfully delivered 1500+ client assignments, predominantly in Automotive, Chemicals, Industrial Equipment, Oil & Gas, and Service industries.
His core competency circles around developing research methodology, creating a unique analysis framework, statistical data models for pricing analysis, competition mapping, and market feasibility analysis. His expertise also extends wide and beyond analysis, advising clients on identifying growth potential in established and niche market segments, investment/divestment decisions, and market entry decision-making.
Nikhil holds an MBA degree in Marketing and IT and a Graduate in Mechanical Engineering. Nikhil has authored several publications and quoted in journals like EMS Now, EPR Magazine, and EE Times.

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