North America Corrugators Market Size, Share & Industry Trends Analysis Report By Type (Automatic and Manual), By Production Capacity (11- 50 Ton, Less Than 10 Ton, 51-100 Ton and More Than100 Ton), By End User, By Country and Growth Forecast, 2022 - 20
Description
North America Corrugators Market Size, Share & Industry Trends Analysis Report By Type (Automatic and Manual), By Production Capacity (11- 50 Ton, Less Than 10 Ton, 51-100 Ton and More Than100 Ton), By End User, By Country and Growth Forecast, 2022 - 2028
The North America Corrugators Market would witness market growth of 3.5% CAGR during the forecast period (2022-2028).
The use of corrugated boxes is fundamental to daily living. It offers a simple-to-use, renewable supply of packaging for almost all items. One of the most used corrugated products is corrugated cardboard. Both industrial and consumer goods are frequently packaged in corrugated paperboard containers.
With the expansion of enterprises whose primary products include cosmetics, soaps, automotive components, crockery, glassware, pharmaceuticals, and cookies, among other things, the need for corrugated boxes is rising. The manufacturing sector of the economy, which produces a wide range of commodities from food to refrigerators, is wholly dependent on the corrugated box industry.
Due to their high tensile strength, corrugated boards are ideal for industrial applications, namely box packaging. Corrugated paperboard boxes can handle heavy, fragile, and delicate as well as various product categories that are frequently purchased online. The need for corrugated cardboard boxes has expanded as a consequence of the growth of e-commerce as well as the retail industry, which is benefiting the market.
The food and beverage industry are the third-largest contribution to manufacturing GDP in the US. About 1.8 million individuals work in this sector, with over 75 percent of the 27,000 manufacturers of food products in the US employing under 100 workers. However, food manufacturers face a few issues like adhering to the Food Safety Modernization Act, using sustainable production and packaging methods, technology improvements, and more. In the years ahead, the regional market participants will have more excellent opportunities owing to this growth of the food and beverage sector. These factors are propelling the corrugator’s market growth in this region.
The US market dominated the North America Corrugators Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $651 million by 2028.The Canada market is poised to grow at a CAGR of 5.9% during (2022 - 2028). Additionally, The Mexico market would witness a CAGR of 5% during (2022 - 2028).
Based on Type, the market is segmented into Automatic and Manual. Based on Production Capacity, the market is segmented into 11- 50 Ton, Less Than 10 Ton, 51-100 Ton and More Than100 Ton. Based on End User, the market is segmented into Food & Beverages, Logistics & Shipping, Pharmaceuticals, Electronics and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include ISOWA Corporation, Mitsubishi Heavy Industries, Ltd., BW Papersystems(Barry-Wehmiller), Wenzhou Kingsun Machinery Industrial Co.,Ltd., Acme Machinery Co. Pvt. Ltd, HIC Machinery Co., BHS Corrugated Maschinen- und Anlagenbau GmbH, Champion Corrugated Co., LTD., and Guangdong Dongfang Precision Science & Technology Co., Ltd (Fosber S.p.A.).
Scope of the Study
Market Segments covered in the Report:
By Type
The North America Corrugators Market would witness market growth of 3.5% CAGR during the forecast period (2022-2028).
The use of corrugated boxes is fundamental to daily living. It offers a simple-to-use, renewable supply of packaging for almost all items. One of the most used corrugated products is corrugated cardboard. Both industrial and consumer goods are frequently packaged in corrugated paperboard containers.
With the expansion of enterprises whose primary products include cosmetics, soaps, automotive components, crockery, glassware, pharmaceuticals, and cookies, among other things, the need for corrugated boxes is rising. The manufacturing sector of the economy, which produces a wide range of commodities from food to refrigerators, is wholly dependent on the corrugated box industry.
Due to their high tensile strength, corrugated boards are ideal for industrial applications, namely box packaging. Corrugated paperboard boxes can handle heavy, fragile, and delicate as well as various product categories that are frequently purchased online. The need for corrugated cardboard boxes has expanded as a consequence of the growth of e-commerce as well as the retail industry, which is benefiting the market.
The food and beverage industry are the third-largest contribution to manufacturing GDP in the US. About 1.8 million individuals work in this sector, with over 75 percent of the 27,000 manufacturers of food products in the US employing under 100 workers. However, food manufacturers face a few issues like adhering to the Food Safety Modernization Act, using sustainable production and packaging methods, technology improvements, and more. In the years ahead, the regional market participants will have more excellent opportunities owing to this growth of the food and beverage sector. These factors are propelling the corrugator’s market growth in this region.
The US market dominated the North America Corrugators Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $651 million by 2028.The Canada market is poised to grow at a CAGR of 5.9% during (2022 - 2028). Additionally, The Mexico market would witness a CAGR of 5% during (2022 - 2028).
Based on Type, the market is segmented into Automatic and Manual. Based on Production Capacity, the market is segmented into 11- 50 Ton, Less Than 10 Ton, 51-100 Ton and More Than100 Ton. Based on End User, the market is segmented into Food & Beverages, Logistics & Shipping, Pharmaceuticals, Electronics and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include ISOWA Corporation, Mitsubishi Heavy Industries, Ltd., BW Papersystems(Barry-Wehmiller), Wenzhou Kingsun Machinery Industrial Co.,Ltd., Acme Machinery Co. Pvt. Ltd, HIC Machinery Co., BHS Corrugated Maschinen- und Anlagenbau GmbH, Champion Corrugated Co., LTD., and Guangdong Dongfang Precision Science & Technology Co., Ltd (Fosber S.p.A.).
Scope of the Study
Market Segments covered in the Report:
By Type
- Automatic
- Manual
- 11- 50 Ton
- Less Than 10 Ton
- 51-100 Ton
- More Than100 Ton
- Food & Beverages
- Logistics & Shipping
- Pharmaceuticals
- Electronics
- Others
- US
- Canada
- Mexico
- Rest of North America
- ISOWA Corporation
- Mitsubishi Heavy Industries, Ltd.
- BW Papersystems(Barry-Wehmiller)
- Wenzhou Kingsun Machinery Industrial Co.,Ltd.
- Acme Machinery Co. Pvt. Ltd
- HIC Machinery Co.
- BHS Corrugated Maschinen- und Anlagenbau GmbH
- Champion Corrugated Co., LTD.
- Guangdong Dongfang Precision Science & Technology Co., Ltd (Fosber S.p.A.)
- Exhaustive coverage
- Highest number of market tables and figures
- Subscription based model available
- Guaranteed best price
- Assured post sales research support with 10% customization free
Table of Contents
61 Pages
- Chapter 1. Market Scope & Methodology
- 1.1 Market Definition
- 1.2 Objectives
- 1.3 Market Scope
- 1.4 Segmentation
- 1.4.1 North America Corrugators Market, by Type
- 1.4.2 North America Corrugators Market, by Production Capacity
- 1.4.3 North America Corrugators Market, by End User
- 1.4.4 North America Corrugators Market, by Country
- 1.5 Methodology for the research
- Chapter 2. Market Overview
- 2.1 Introduction
- 2.1.1 Overview
- 2.1.1.1 Market Composition & Scenario
- 2.2 Key Factors Impacting the Market
- 2.2.1 Market Drivers
- 2.2.2 Market Restraints
- Chapter 3. North America Corrugators Market by Type
- 3.1 North America Automatic Market by Country
- 3.2 North America Manual Market by Country
- Chapter 4. North America Corrugators Market by Production Capacity
- 4.1 North America 11- 50 Ton Market by Country
- 4.2 North America Less Than 10 Ton Market by Country
- 4.3 North America 51-100 Ton Market by Country
- 4.4 North America More Than100 Ton Market by Country
- Chapter 5. North America Corrugators Market by End User
- 5.1 North America Food & Beverages Market by Country
- 5.2 North America Logistics & Shipping Market by Country
- 5.3 North America Pharmaceuticals Market by Country
- 5.4 North America Electronics Market by Country
- 5.5 North America Others Market by Country
- Chapter 6. North America Corrugators Market by Country
- 6.1 US Corrugators Market
- 6.1.1 US Corrugators Market by Type
- 6.1.2 US Corrugators Market by Production Capacity
- 6.1.3 US Corrugators Market by End User
- 6.2 Canada Corrugators Market
- 6.2.1 Canada Corrugators Market by Type
- 6.2.2 Canada Corrugators Market by Production Capacity
- 6.2.3 Canada Corrugators Market by End User
- 6.3 Mexico Corrugators Market
- 6.3.1 Mexico Corrugators Market by Type
- 6.3.2 Mexico Corrugators Market by Production Capacity
- 6.3.3 Mexico Corrugators Market by End User
- 6.4 Rest of North America Corrugators Market
- 6.4.1 Rest of North America Corrugators Market by Type
- 6.4.2 Rest of North America Corrugators Market by Production Capacity
- 6.4.3 Rest of North America Corrugators Market by End User
- Chapter 7. Company Profiles
- 7.1 Mitsubishi Heavy Industries Ltd.
- 7.1.1 Company Overview
- 7.1.2 Financial Analysis
- 7.1.3 Segmental Analysis
- 7.1.4 Research & Development Expenses
- 7.2 Guangdong Dongfang Precision Science & Technology Co., Ltd (Fosber S.p.A.)
- 7.2.1 Company Overview
- 7.2.2 Financial Analysis
- 7.2.3 Segmental and Regional Analysis
- 7.2.4 Research & Development Expenses
- 7.3 ISOWA Corporation
- 7.3.1 Company Overview
- 7.4 BW Papersystems (Barry-Wehmiller)
- 7.4.1 Company Overview
- 7.4.2 Recent strategies and developments:
- 7.4.2.1 Acquisition and Mergers:
- 7.5 Wenzhou Kingsun Machinery Industrial Co, Ltd.
- 7.5.1 Company Overview
- 7.6 Acme Machinery Co. Pvt. Ltd
- 7.6.1 Company Overview
- 7.7 HIC Machinery Co.
- 7.7.1 Company Overview
- 7.8 BHS Corrugated Maschinen- und Anlagenbau GmbH
- 7.8.1 Company Overview
- 7.9 Champion Corrugated Co., LTD.
- 7.9.1 Company Overview
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