Global Corrugators Market Size study, by Type (Automatic, Manual), by Production Capacity (Less than 10 ton, 11-50 ton, 51-100 ton, More than 100 ton), by End User (Food and Beverages, Electronics, Pharmaceuticals, Logistics and Shipping, Others) and Regi

Global Corrugators Market Size study, by Type (Automatic, Manual), by Production Capacity (Less than 10 ton, 11-50 ton, 51-100 ton, More than 100 ton), by End User (Food and Beverages, Electronics, Pharmaceuticals, Logistics and Shipping, Others) and Regional Forecasts 2022-2032

The Global Corrugators Market was valued at approximately USD 2.93 billion in 2023 and is projected to grow at a compound annual growth rate (CAGR) of 4.2% over the forecast period from 2024 to 2032. Corrugators are essential machines used in the production of corrugated paperboards, which are widely utilized in the packaging industry due to their strength and durability. The increasing demand for sustainable packaging solutions across various industries, including food and beverages, electronics, pharmaceuticals, and logistics, is driving the growth of the corrugators market.

The growth in industrialization and the rise in e-commerce activities have significantly boosted the demand for corrugated boxes, which are primarily produced using corrugator machines. This surge in e-commerce has led to an increased demand for corrugated packaging solutions, positively impacting the corrugators market. Moreover, corrugated paperboards are made from recyclable and biodegradable materials, which are environmentally friendly and reduce carbon footprints. The growing awareness of environmental sustainability, coupled with government regulations banning single-use plastics, has further propelled the adoption of corrugated packaging. Countries like India, the U.S., and the UK have implemented stringent regulations to promote the use of sustainable packaging solutions, which is expected to drive the demand for corrugators. However, the market faces challenges due to fluctuations in raw material prices, particularly steel and paper, which are critical for manufacturing corrugator machines and paperboards.

The Asia-Pacific region is the dominating region in the Corrugators Market. This dominance is primarily due to the region's booming e-commerce and retail sectors, which drive the demand for corrugated packaging. Countries like China and India are major players, with their large consumer bases and rapid industrialization contributing to significant market growth. Additionally, the presence of numerous manufacturing hubs in the region, coupled with lower production costs and access to raw materials, further strengthens Asia-Pacific's leading position. The growing focus on sustainable and eco-friendly packaging solutions in the region also enhances the demand for corrugated products, solidifying its dominance in the global market.

Major market players included in this report are:
BW Papersystems
Champion Corrugated Co., LTD.
HIC Machinery Co.
Acme Machinery Co. Pvt. Ltd.
BHS Corrugated Maschinen- und Anlagenbau GmbH
Mitsubishi Heavy Industries, Ltd.
Guangdong Dongfang Precision Science & Technology Co., Ltd (Fosber S.p.A.)
Sai Engineering
ISOWA Corporation
Wenzhou Kingsun Machinery Industrial Co., Ltd.
Klabin S.A.
Rengo Co., Ltd.
Svenska Cellulosa AB (SCA)
Cascades Inc.
Pratt Industries, Inc.

The detailed segments and sub-segment of the market are explained below:
By Type:
Automatic
Manual

By Production Capacity:
Less than 10 ton
11-50 ton
51-100 ton
More than 100 ton

By End User:
Food and Beverages
Electronics
Pharmaceuticals
Logistics and Shipping
Others

By Region:
North America
U.S.
Canada

Europe
Germany
France
UK
Italy
Rest of Europe

Asia-Pacific
China
India
Japan
South Korea
Rest of Asia-Pacific

Latin America
Brazil
Mexico
Rest of Latin America

Middle East and Africa
Saudi Arabia
South Africa
Rest of Middle East and Africa


Years considered for the study are as follows:
Historical year – 2022
Base year – 2023
Forecast period – 2024 to 2032
Key Takeaways:
Market Estimates & Forecast for 10 years from 2022 to 2032.
Annualized revenues and regional level analysis for each market segment.
Detailed analysis of geographical landscape with Country level analysis of major regions.
Competitive landscape with information on major players in the market.
Analysis of key business strategies and recommendations on future market approach.
Analysis of competitive structure of the market.
Demand side and supply side analysis of the market.

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