Market Research Report
Global Cartoning Machines Market Report, History and Forecast 2016-2027
|Global Cartoning Machines Market Report, History and Forecast 2016-2027|
Published: January 5, 2022
Content info: 156 Pages
Delivery time: 2-3 business days
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.
The major players in global Cartoning Machines market include: IMA, Syntegon, Korber, ProMach, IWK, Mpac, Truking, Omori, PMI Kyoto, Bradman Lake etc. The market concentration rate is low, and the top 22 players occupies about 47.63% shares of the global market. Asia, Europe and NAFTZ are main markets, they occupy over 90.05% of the global market. End Load Cartoners is the main type, with a share over 63.7%. Food & Beverage is the key application, which hold about 56.7% shares.
The global Cartoning Machines market was valued at US$ 1,287.71 million in 2020 and will reach US$ 1,662.83 million by the end of 2027, growing at a CAGR of 3.2% during 2021-2027.
In terms of sales side, this report focuses on the sales of Cartoning Machines by regions (countries), company, by Type and by Application. from 2016 to 2020 and forecast to 2027.
The global Cartoning Machines market is thoroughly, accurately, and comprehensively assessed in the report with a large focus on market dynamics, market competition, regional growth, segmental analysis, and key growth strategies. Buyers of the report will have access to verified market figures, including global market size in terms of revenue and volume. As part of production analysis, the authors of the report have provided reliable estimations and calculations for global revenue and volume by Type segment of the global Cartoning Machines market. These figures have been provided in terms of both revenue and volume for the period 2016-2027. Additionally, the report provides accurate figures for production by region in terms of revenue as well as volume for the same period. The report also includes production capacity statistics for the same period.