The top loading cartoning machines market is expected to witness steady growth, with a forecasted value of US$1,042 million by 2026 and an estimated value of US$873 million in 2022, representing a compound annual growth rate (CAGR) of 4.5% over the forecast period.
Automatic top loading cartoning machines dominate the market, accounting for about two-thirds of the global market share. Among the various speed variants available, the top loading cartoning machines with speeds ranging between 71 and 150 cartons per minute are the most popular and widely sold across many regions.
Europe is anticipated to have the highest sales of top loading cartoning machines compared to other regions. The European market holds a significant share, with three out of ten top loading cartoning machines being sold in this region. However, the high cost of these machines may limit the pace of market expansion.
The industry has witnessed advancements such as the utilization of top load cartoners equipped with brushless motors, which enhance production capabilities. Companies like R.A Jones have introduced new carton feed systems capable of handling 345 cartons per minute, demonstrating innovation in the field.
According to Future Market Insights, the market for top loading cartoning machines is projected to experience a rise of 50 basis share points (BPS) in H1-2022 compared to H1-2021. However, there has been a decline of 20 BPS change when comparing the projected H1-2022 with the H1-2022 outlook period.
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This change can primarily be attributed to the simplification of the quality control process and the ability of these machines to maintain high product standards. Top loading cartoning machines minimize errors and contribute to efficient project management solutions.
Key takeaways:
- The global market for top loading cartoning machines is estimated to reach US$1,042 million by 2026, with a CAGR of 4.5% from 2022 to 2026.
- Automatic top loading cartoning machines hold the majority of the market share.
- Top loading cartoning machines with a capacity of 71 to 150 cartons per minute are the most popular globally.
- Europe leads in terms of sales of top loading cartoning machines.
- The high cost associated with these machines may hamper the market growth rate.
- Advancements include the usage of brushless motors and higher-speed carton feed systems.
- The market is expected to show growth in H1-2022 compared to H1-2021, but a slight decline is projected for the H1-2022 outlook period.
- Top loading cartoning machines simplify quality control processes, maintain product standards, reduce errors, and aid in project management solutions.
Top Load Cartoning Machines Market Country Level Analysis
The top load cartoning machines market is analysed and market size insights and trends are provided by country, product type, capacity and end user as referenced above.
The countries covered in the top load cartoning machines market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America
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Competitive Landscape
Major players across top loading cartoning machines market are focusing upon expanding their international footprint by acquiring domestic players in foreign countries:-
In October 2020, Mpac Group Plc acquired US based packaging firm named Switchback Group Inc., which is engaged in production of packaging machinery and automation solutions.
In May 2021, R.A Jones launched modernization options such as self-cleaning modules and air assist valves for its top loading cartoning machines.
Regional Outlook:
Germany: Largest Market for Top Loading Cartoning Machines
Germany’s position as the largest market for top loading cartoning machines can be attributed to several factors. Firstly, Germany is known as the world’s leading manufacturer of machinery and equipment, holding a 16% market share globally. With 80% of the machinery and equipment produced in Germany being exported worldwide, the country has established itself as a hub for high-quality manufacturing.
The presence of globally renowned machinery manufacturers, coupled with the entry of newer market entrants offering innovative solutions with upgraded technology, contributes to Germany’s dominance in the top loading cartoning machine market. The demand for “Made in Germany” solutions across the globe further solidifies Germany’s position as the leading market for these machines. In fact, Germany accounts for almost one-fourth of the total sales of top loading cartoning machines in Europe.
China: Fastest-Growing Market for Top Loading Cartoning Machines
China is anticipated to be the fastest-growing market for top loading cartoning machines due to several factors. The food and beverage sector in China has witnessed significant growth, reaching approximately US$ 595 billion. This makes China one of the largest markets for the food and beverage industry globally, creating a demand for efficient packaging solutions.
China’s advantages, such as easy availability of skilled labor, access to advanced production technologies at cost-effective rates, and fast-paced infrastructural growth, contribute to its appeal as a market for top loading cartoning solutions. The government’s encouragement of foreign investors to establish operational facilities in the country further attracts globally renowned machine manufacturers
Market Benefits
- The study provides an in-depth analysis of the global top loading cartoning machines market along with the current trends and future estimations to elucidate the imminent investment pockets.
- The key market players along with their strategies are thoroughly analyzed to understand the competitive outlook of the industry.
- An extensive analysis of the market based on application assists in understanding the trends in the industry.
- The report presents a quantitative analysis of the market from 2022 to 2026 to enable stakeholders to capitalize on the prevailing market opportunities.
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Global Top Loading Cartoning Machines Market by Category
By Automation:
- Automatic Top Loading Cartoning Machine
- Semi-automatic Top Loading Cartoning Machine
By Capacity:
- Less than 70 CPM
- 71 to 150 CPM
- 151 to 400 CPM
- Above 400 CPM
By End Use Industry:
- Food
- Beverage
- Personal Care
- Healthcare
- Homecare
- Others
By Region:
- North America
- Latin America
- Europe
- Asia Pacific (APAC)
- Middle East and Africa (MEA)
- Japan
About FMI
Future Market Insights, Inc. (ESOMAR certified, Stevie Award – recipient market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.
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