Automatic Carton Erector Market Size - By Product Type (Horizontal Carton Erector, Vertical Carton Erector), By Automation Type (Semi-automatic, Automatic), Operating Speed, Application, Distribution Channel & Forecast, 2024 - 2032
Automatic Carton Erector Market size is projected to expand at 4.5% CAGR from 2024 to 2032 attributed to the ongoing expansion of the manufacturing sector worldwide. The ramped-up production capacities of manufacturing sectors, including food & beverage, electronics, and pharmaceuticals is surging the need for efficient packaging solutions. Advanced automatic carton erectors offer customization options and flexibility to handle various carton sizes, shapes, and packaging configurations, for meeting the diverse industry needs and requirements.
Moreover, technological advancements in automatic carton erector systems are offering customization options and integration capabilities. For instance, in May 2023, Syntegon unveiled two of its four new vertical forms, fill, and seal (VFFS) machines for diverse food applications, as well as a second package of cloud-based monitoring tools, to provide flexible, safe, and efficient packaging line to clients. Several businesses are also prioritizing space efficiency to accommodate the growing production volumes and streamlining logistics processes, spurring investments in the deployment of automatic carton erectors.
The overall industry is segmented into product type, automation type, operating speed, application, distribution channel, and region.
Based on product type, the horizontal automatic carton erector market is anticipated to attain 4.7% CAGR from 2024 to 2032 owing to their increasing use across industries requiring efficient and space-saving packaging solutions. With businesses seeking to optimize packaging operations for increased productivity and cost-effectiveness, the demand for horizontal carton erectors is substantially soaring. Rising utilization to handle various carton sizes and shapes coupled with quick setup and changeover times will drive the product adoption across industries, such as food and beverage, pharmaceuticals, and e-commerce.
In terms of application, the automatic carton erector market from the electronics & consumer goods segment is projected to witness 4.3% CAGR up to 2032. The rapid expansion of the electronics and consumer goods industries is fueling the need for efficient packaging solutions. Businesses are prioritizing speed, accuracy, and cost-effectiveness in packaging operations, further contributing to the growing adoption of automatic carton erectors. Moreover, the availability of customization options and integration with other automated systems will foster the segment growth.
Given the regional landscape, the Asia Pacific automatic carton erector industry is estimated to expand at 4.3% CAGR through 2032 driven by the burgeoning manufacturing and e-commerce sectors. Several government initiatives are also promoting manufacturing and enhancing logistics infrastructure in major APAC countries. Additionally, the adoption of automation technologies, driven by the need to improve productivity, reduce labor costs, and enhance operational efficiency will promote the regional market growth. For instance, in June 2023, Siemens announced plans to establish a new high-tech factory in Singapore to meet growing demand in Southeast Asia for its automation and digitalization products.