Corrugated box making machine market: Growth opportunities led by Acme Machinery Co. and Bobst Group SA

NEW YORK, Jan. 9, 2023 /PRNewswire/ -- The corrugated box making machine market size is forecast to increase by USD 719.28 million from 2022 to 2027, at a CAGR of 5.23%, according to the recent market study by Technavio. The growth of the market will be driven by the exponential growth in the e-commerce industry, the rise in automation, and the need to reduce outsourcing costs.

Technavio categorizes the global corrugated box making machine market as a part of the global industrial machinery market, which covers companies engaged in manufacturing industrial machinery and components covering presses, machine tools, compressors, pollution control equipment, elevators, escalators, insulators, pumps, roller bearings, and other metal fabrications.

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Technavio has extensively analyzed 15 major vendors, including Acme Machinery Co., Bobst Group SA, EMBA Machinery AB, Fosber Spa, Guangdong Hongming Intelligent Joint Stock Co. Ltd., Hebei Shengli Carton Equipment Manufacturing Co. Ltd., ISOWA Corp., KOLBUS GmbH and Co. KG, Mitsubishi Heavy Industries Ltd., Natraj Corrugating Machinery Co., Panotec Srl, Serpa Packaging Solutions LLC, Shanghai PrintYoung International Industry Co. Ltd., Shinko Machine Mfg. Co. Ltd., SUN Automation Group, Sunrise Pacific Co. Ltd., Valco Cincinnati Inc., Wenzhou Zhongke Packaging Machinery Co. Ltd., and Zemat Technology Group Ltd.

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Key Benefits for Industry Players & Stakeholders –

The report offers information on the criticality of vendor inputs, including R&D, CAPEX, and technology.

It also provides detailed analyses of the market's competitive landscape and vendors' product offerings.

The report also provides a qualitative and quantitative analysis of vendors to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize vendors as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize vendors as dominant, leading, strong, tentative, and weak.

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Customer Landscape - Analysis of Price Sensitivity, Adoption Lifecycle, Customer Purchase Basket, Adoption Rates, and Purchase Criteria by Technavio

One of the core components of the customer landscape is price sensitivity, an analysis of which will help companies refine marketing strategies to gain a competitive advantage.

Another key aspect is price sensitivity drivers (purchases are undifferentiated, the purchase is a key cost to buyers, and quality is not important), which range between LOW and HIGH.

Furthermore, market adoption rates for all regions have been covered.

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The market is segmented by end-user (food and beverages, electronic goods, home, and personal care goods, textile goods, and others), technology (automatic, semi-automatic, and manual), and geography (APAC, North America, Europe, Middle East and Africa, and South America).

Segmentation by end-user (Inclusion/Exclusion)

Food and beverages:

The food and beverages segment shows a gradual increase in the market share of USD 1,554.08 million in 2017 and continued to grow until 2021. The growth of the segment can be attributed to factors such as increasing food consumption worldwide and the expanding global population.

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What are the key data covered in this corrugated box making machine market report?

CAGR of the market during the forecast period

Detailed information on factors that will drive the growth of the corrugated box making machine market between 2023 and 2027

Precise estimation of the size of the corrugated box making machine market size and its contribution to the market in focus on the parent market

Accurate predictions about upcoming trends and changes in consumer behavior

Growth of the corrugated box making machine market industry across APAC, North America, Europe, Middle East and Africa, and South America

A thorough analysis of the market's competitive landscape and detailed information about vendors

Comprehensive analysis of factors that will challenge the growth of corrugated box making machine market vendors

Related Reports:

The food and beverage packaging machinery market size is expected to increase to USD 1.66 billion from 2021 to 2026, at a progressing CAGR of 4.89%. The growing demand for packaged F&Bs is notably driving the food and beverage packaging machinery market growth, although factors such as high installation costs may impede the market growth.

The beverage carton packaging machinery market size should rise by USD 204.89 million from 2022 to 2026 at a CAGR of 4.00%. The increasing demand for beverages is notably driving the beverage carton packaging machinery market growth, although factors such as high initial costs associated with carton packaging machinery may impede the market growth.

Corrugated Box Making Machine Market Scope

Report Coverage

Details

Page number

173

Base year

2022

Historic period

2017-2021

Forecast period

2023-2027

Growth momentum & CAGR

Accelerate at a CAGR of 5.23%

Market growth 2023-2027

USD 719.28 million

Market structure

Fragmented

YoY growth 2022-2023 (%)

4.71

Regional analysis

APAC, North America, Europe, Middle East and Africa, and South America

Performing market contribution

APAC at 50%

Key countries

US, China, Japan, Germany, and UK

Competitive landscape

Leading Vendors, Market Positioning of Vendors, Competitive Strategies, and Industry Risks

Key companies profiled

Acme Machinery Co., Bobst Group SA, EMBA Machinery AB, Fosber Spa, Guangdong Hongming Intelligent Joint Stock Co. Ltd., Hebei Shengli Carton Equipment Manufacturing Co. Ltd., ISOWA Corp., KOLBUS GmbH and Co. KG, Mitsubishi Heavy Industries Ltd., Natraj Corrugating Machinery Co., Panotec Srl, Serpa Packaging Solutions LLC, Shanghai PrintYoung International Industry Co. Ltd., Shinko Machine Mfg. Co. Ltd., SUN Automation Group, Sunrise Pacific Co. Ltd., Valco Cincinnati Inc., Wenzhou Zhongke Packaging Machinery Co. Ltd., and Zemat Technology Group Ltd.

Market dynamics

Parent market analysis, market growth inducers and obstacles, fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, and market condition analysis for the forecast period.

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

Table of contents:

1 Executive Summary

1.1 Market overview

2 Market Landscape

2.1 Market ecosystem

3 Market Sizing

3.1 Market definition

3.2 Market segment analysis

3.3 Market size 2022

3.4 Market outlook: Forecast for 2022-2027

4 Historic Market Size

4.1 Global corrugated box making machine market 2017 - 2021

4.2 Geography Segment Analysis 2017 - 2021

4.3 End-user Segment Analysis 2017 - 2021

4.4 Technology Segment Analysis 2017 - 2021

4.5 Country Segment Analysis 2017 - 2021

5 Five Forces Analysis

5.1 Five forces summary

5.2 Bargaining power of buyers

5.3 Bargaining power of suppliers

5.4 Threat of new entrants

5.5 Threat of substitutes

5.6 Threat of rivalry

5.7 Market condition

6 Market Segmentation by End-user

6.1 Market segments

6.2 Comparison by End-user

6.3 Food and beverages - Market size and forecast 2022-2027

6.4 Electronic goods - Market size and forecast 2022-2027

6.5 Home and personal care goods - Market size and forecast 2022-2027

6.6 Textile goods - Market size and forecast 2022-2027

6.7 Others - Market size and forecast 2022-2027

6.8 Market opportunity by End-user

7 Market Segmentation by Technology

7.1 Market segments

7.2 Comparison by Technology

7.3 Automatic - Market size and forecast 2022-2027

7.4 Semi-automatic - Market size and forecast 2022-2027

7.5 Manual - Market size and forecast 2022-2027

7.6 Market opportunity by Technology

8 Customer Landscape

8.1 Customer landscape overview

9 Geographic Landscape

9.1 Geographic segmentation

9.2 Geographic comparison

9.3 APAC - Market size and forecast 2022-2027

9.4 North America - Market size and forecast 2022-2027

9.5 Europe - Market size and forecast 2022-2027

9.6 Middle East and Africa - Market size and forecast 2022-2027

9.7 South America - Market size and forecast 2022-2027

9.8 China - Market size and forecast 2022-2027

9.9 US - Market size and forecast 2022-2027

9.10 Japan - Market size and forecast 2022-2027

9.11 Germany - Market size and forecast 2022-2027

9.12 UK - Market size and forecast 2022-2027

9.13 Market opportunity by geography

10 Drivers, Challenges, and Trends

10.1 Market drivers

10.2 Market challenges

10.3 Impact of drivers and challenges

10.4 Market trends

11 Vendor Landscape

11.1 Overview

11.2 Vendor landscape

11.3 Landscape disruption

11.4 Industry risks

12 Vendor Analysis

12.1 Vendors covered

12.2 Market positioning of vendors

12.3 Acme Machinery Co.

12.4 Bobst Group SA

12.5 EMBA Machinery AB

12.6 Fosber Spa

12.7 Guangdong Hongming Intelligent Joint Stock Co. Ltd.

12.8 Hebei Shengli Carton Equipment Manufacturing Co. Ltd.

12.9 ISOWA Corp.

12.10 KOLBUS GmbH and Co. KG

12.11 Mitsubishi Heavy Industries Ltd.

12.12 Natraj Corrugating Machinery Co.

12.13 Panotec Srl

12.14 Serpa Packaging Solutions LLC

12.15 Shanghai PrintYoung International Industry Co. Ltd.

12.16 Shinko Machine Mfg. Co. Ltd.

12.17 SUN Automation Group

13 Appendix

13.1 Scope of the report

13.2 Inclusions and exclusions checklist

13.3 Currency conversion rates for US$

13.4 Research methodology

13.5 List of abbreviations

About UsTechnavio is a leading global technology research and advisory company. Their research and analysis focuses 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.

ContactTechnavio ResearchJesse MaidaMedia & Marketing ExecutiveUS: +1 844 364 1100UK: +44 203 893 3200Email: [email protected]: www.technavio.com/

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