Corrugated Box Making Machine Market Trends, Surging Demand, Detailed Analysis, And Forecast To 2033

"The Business Research Company has recently revised its global market reports, now incorporating the most current data for 2024 along with projections extending up to 2033.

Corrugated Box Making Machine Global Market Report 2024 by The Business Research Company offers comprehensive market insights, empowering businesses with a competitive edge. It includes detailed estimates for numerous segments and sub-segments, providing valuable strategic guidance.

The Market Size Is Expected To Reach $3.64 billion In 2028 At A CAGR Of 3.8% :

The corrugated box making machine market size has grown steadily in recent years. It will grow from $3 billion in 2023 to $3.14 billion in 2024 at a compound annual growth rate (CAGR) of 4.5%. The growth in the historic period can be attributed to rise in e-commerce activities, growth in packaging industry, emphasis on sustainable packaging, globalization of trade.

The corrugated box making machine market size is expected to see steady growth in the next few years. It will grow to $3.64 billion in 2028 at a compound annual growth rate (CAGR) of 3.8%. The growth in the forecast period can be attributed to continued e-commerce growth, innovation in packaging designs, focus on lightweight packaging, rising popularity of direct-to-consumer (d2c) brands, shift towards sustainable packaging materials.. Major trends in the forecast period include remote monitoring and predictive maintenance, rise of compact and modular machines, increased demand for e-commerce packaging solutions, global supply chain challenges driving localized production, enhanced operator training and safety features..

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Corrugated Box Making Machine Market Major Segments

Key Driver - Surging Online Retail Spurs Growth In Corrugated Box-Making Machine Market

The rising demand from the online retail industry is expected to propel the growth of the corrugated box-making machine market going forward. The online retail industry, also known as e-commerce or electronic commerce, refers to the buying and selling goods and services over the Internet. Corrugated box-making machines play a significant role in online retail by providing efficient and customized packaging solutions for shipping products to customers. Additionally, in the online retail industry, corrugated box-making machines contribute to efficient operations, brand consistency, customer satisfaction, and sustainable packaging practices. For instance, in April 2023, according to the US Census Bureau, a US-based government agency, the total retail e-commerce sales for the second quarter of 2023 were $277.6 billion, an increase of 2.1% (0.9%) from the first quarter of 2023. Therefore, the rising demand from the online retail industry is driving the growth of the corrugated box-making machine market.

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Prominent Trend - Innovative Advances In Corrugated Box-Making Machinery To Revolutionize Packaging Industry

Major companies operating in the corrugated box-making machine market are developing advanced solutions in corrugated box machines, such as flatbed die-cutters, to support the vision for the packaging industry. A flatbed die-cutter is a piece of equipment used to manufacture and process various materials, including paper, cardboard, corrugated board, foam, plastics, and more. For instance, in March 2022, Bobst Group SA, a Switzerland-based company specializing in machinery, equipment, and services for the packaging and label industries, launched MASTERCUT 1.65, a flatbed die-cutter. It is the only machine specially designed for litho-laminated converting that handles cartons and corrugated boards with litho-laminate, making it one machine for all applications. The MASTERCUT 1.65 is a unique option to deliver single, double, and full sheets. Its remarkable ergonomics, which include a high level of automation and accessibility, as well as the entirely intuitive HMI SPHERE, enable quick and easy handling for optimum productivity.

Corrugated Box Making Machine Market Players
Major companies operating in the corrugated box making machine market report are EMBA Machinery AB, Acme Machinery Pvt Ltd, Serpa Packaging Solutions, Shanghai PrintYoung International Industry Co Ltd, Hebei Xinguang Carton Machinery Manufacturing Co Ltd, WestRock Box on Demand, Ding Shung Machinery Co Ltd, Bobst Group SA, Valco Melton Inc., T-ROC Equipment LLC, Fosber S.p.A., Isowa Corporation, KOLBUS. GmbH & Co. KG, Mitsubishi Heavy Industries Ltd., Zemat Technology Group Ltd., SUN Automation Group, Wenzhou Zhongke Packaging Machinery Co Ltd., Packsize International LLC, Saro Packaging Machine Industries, Natraj Industries, Marquip Ward United Inc., Shinko Machine Mfg. Co Ltd, Latitude Machinery Corp., Miller Weld master Corporation, BW Paper Systems Inc.

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Largest And Fastest Growing Region In The Market
North America was the largest region in the corrugated box making machine market in 2023. The regions covered in the corrugated box making machine market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

The Table Of Content For The Market Report Include:
1. Executive Summary
2. Corrugated Box Making Machine Market Report Structure
3. Corrugated Box Making Machine Market Trends And Strategies
4. Corrugated Box Making Machine Market - Macro Economic Scenario
5. Corrugated Box Making Machine Market Size And Growth
…..
27. Corrugated Box Making Machine Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix

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