Global Corrugated Box Making Machines Market Growth 2023-2029
Boxes are used for packaging consumer and industrial goods. Packaging is best suited for shipping and transporting various products that are fragile in nature. These boxes are very durable and have high safety standards compared with the other modes of packaging such as cardboard packaging. Boxes handle pressure and can be stacked for easy and economical transportation. These boxes are safe to use as they do not have any sharp edges.
Box packaging are widely used in gift boxes, moon cake boxes, mobile phone box, shoes box, watches, jewelry box, cosmetic box, tea box, wine box, medicine box, etc.
A corrugated box making machine is a machine can make box which will provide company with better selection of carton sizes. If they need to make a very small box for tiniest product as well as an extra-large box for a larger item, this machine can handle it.
LPI (LP Information)' newest research report, the “Corrugated Box Making Machines Industry Forecast” looks at past sales and reviews total world Corrugated Box Making Machines sales in 2022, providing a comprehensive analysis by region and market sector of projected Corrugated Box Making Machines sales for 2023 through 2029. With Corrugated Box Making Machines sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Corrugated Box Making Machines industry.
This Insight Report provides a comprehensive analysis of the global Corrugated Box Making 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 Corrugated Box Making Machines portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Corrugated Box Making Machines market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Corrugated Box Making 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 Corrugated Box Making Machines.
The global Corrugated Box Making Machines market size is projected to grow from US$ 431.4 million in 2022 to US$ 498.1 million in 2029; it is expected to grow at a CAGR of 498.1 from 2023 to 2029.
Global Corrugated Box Making Machines key players include BOBST, Packsize, Dongfang Precision Science & Technology, MHI, etc.
North America is the largest market, with a share over 30%, followed by China, and Europe, both have a share about 40 percent.
In terms of product, Below 100 BPM is the largest segment, with a share about 60%. And in terms of application, the largest application is Food and Beverage, followed by Electronics, Clothing and Fabric, Cosmetic and Personal Care, etc.
This report presents a comprehensive overview, market shares, and growth opportunities of Corrugated Box Making Machines market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Below 100 BPM
100-300 BPM
Above 300 BPM
Segmentation by application
Food and Beverage
Electronics
Cosmetic and Personal Care
Clothing and Fabric
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.
BOBST
Packsize
MHI
Dongfang Precision Science & Technology
EMBA Machinery
Shanghai Dinglong Machinery
BCS Corrugated
Shinko Machine Mfg
ISOWA Corporation
Box on Demand (Panotec)
Sunrise Pacific Co
T-ROC
Shanghai ChaoChang Packing
Zemat
Guangdong Hongming
Zhongke Packaging
Ming Wei
Key Questions Addressed in this Report
What is the 10-year outlook for the global Corrugated Box Making Machines market?
What factors are driving Corrugated Box Making Machines market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Corrugated Box Making Machines market opportunities vary by end market size?
How does Corrugated Box Making Machines break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?
Please note: The report will take approximately 2 business days to prepare and deliver.
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