Global Cartoning Machines Market Growth (Status and Outlook) 2023-2029

Global Cartoning Machines Market Growth (Status and Outlook) 2023-2029

A cartoning machine or cartoner, is a packaging machine that forms a carton board blank into a carton filled with a product or bag of products or number of products into single carton. After the filling, the machine engages its tabs / slots to apply adhesive and close both the ends of carton completely sealing the carton.
LPI (LP Information)' newest research report, the “Cartoning Machines Industry Forecast” looks at past sales and reviews total world Cartoning Machines sales in 2022, providing a comprehensive analysis by region and market sector of projected Cartoning Machines sales for 2023 through 2029. With Cartoning Machines sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Cartoning Machines industry.
This Insight Report provides a comprehensive analysis of the global Cartoning Machines landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Cartoning Machines portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Cartoning Machines market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Cartoning Machines and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Cartoning Machines.
The global Cartoning Machines market size is projected to grow from US$ 1348.1 million in 2022 to US$ 1694.3 million in 2029; it is expected to grow at a CAGR of 3.3% from 2023 to 2029.
Global core Cartoning Machines players include IMA, Syntegon and Korber etc. The top 5 companies only hold a share about 30%. Asia is the largest market, with a share about 38%, followed by Europe and NAFTZ with the share about 26% and 25%.
In terms of product, end load cartoners is the largest segment, with a share about 71%. And in terms of application, the largest application is food & beverage，with a share about 57%.
This report presents a comprehensive overview, market shares, and growth opportunities of Cartoning Machines market by product type, application, key players and key regions and countries.
Market Segmentation:
Segmentation by type
End Load Cartoners
Top Load Cartoners
Segmentation by application
Food & Beverage
Personal Care
Pharmaceutical
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
IMA
Syntegon
Korber
ProMach
IWK
Mpac
Truking
Omori
PMI Kyoto
Bradman Lake
ADCO Manufacturing
Marchesini
LoeschPack
Hualian
Fuji Machinery
Uhlmann
Tofflon
Econocorp
Youngsun
ZAC
Hoong-A
Hoping Machinery

Please note: The report will take approximately 2 business days to prepare and deliver.