Corrugated Box Making Machine Market by End-user and Geography - Forecast and Analysis 2021-2025

  • Published: Jul 2021
  • Pages: 120
  • SKU: IRTNTR41514

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 Corrugated Box Making Machine Market - 2021-2025

The corrugated box making machine market size is expected to reach a value of USD 606.63 million, at a CAGR of 1.83%, during 2021-2025. This research study helps in a deep understanding of the underlying forces driving the market growth and current and potential target customers across segmentations. According to our comprehensive survey, factors such as the exponential growth in the e-commerce industry are projected to significantly support market growth during the forecast period. View our sample report for insights on the latest trends and challenges that will have a far-reaching effect on the market growth.

Corrugated Box Making Machine Market Size

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Corrugated Box Making Machine Market Segments

Get actionable insights on the corrugated box making machine market segments to generate successful ROIs and focus your business strategy efforts where they are most likely to be effective. Navigate through market segmentation by end-user (food and beverages, electronic goods, home and personal care goods, textile goods, and others) and geography (APAC, North America, Europe, MEA, and South America) in this corrugated box making machine market report to pursue growth opportunities. 

Furthermore, given the current pandemic situation and its significant effect on industries, it is essential to understand the vulnerable market segments and recovery scope. Our market research experts have evaluated the impact of COVID-19 across market segments for our clients to understand the long-term business implications and foresee opportunities to strengthen market foothold. Want a thorough qualitative and quantitative analysis on the post-pandemic corrugated box making machine market predictions on-demand changes for 2021-2025? You can buy the report now with one easy click.

Corrugated Box Making Machine Market Vendors and Competitive Analysis

The corrugated box making machine market size report discusses the current market structure in-depth and how it will shape up during the forecast period based on the entry and exit of market players. At present, the corrugated box making machine market is fragmented and the vendors are deploying various organic and inorganic growth strategies such as to gain a competitive advantage. Take a look at our sample report to get an idea of the well-thought-out business planning approaches of key players.

The unprecedented outbreak of COVID-19 last year impacted market segments that has had a ripple effect on various stakeholders. To make the most of the opportunities and recover from post COVID-19 impact, the market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments. Click here to get COVID-19 impact update.

For detailed insights on complete key vendor profiles buy the full corrugated box making machine market forecast report. The profiles include particulars on the production, sustainability, prospects of the leading companies, and other crucial vendor landscape analysis.

Corrugated Box Making Machine Market Vendors

Corrugated Box Making Machine Market - Region Opportunities 2021-2025

53% of the corrugated box making machine market growth will originate from APAC during the forecast period. China and India are the key markets for corrugated box making machines in APAC. To unlock exclusive information on potential business locations and understand the demographics of current and prospective customers buy the report now!

Corrugated Box Making Machine Market Share by Geography

APAC has been exhibiting a significant growth rate for corrugated box making machine market vendors. Factors such as the increase in the overall demand for goods through online channels are accelerating the corrugated box making machine market growth in APAC. To view our in-depth analytical review on the micro and macroeconomic factors impacting businesses in the regions click here.

The corrugated box making machine market share growth in APAC will be faster than the growth of the market in other regions. To garner further competitive intelligence and regional opportunities in store for vendors, view our sample report.

Corrugated Box Making Machine Market Insights by End-user

Corrugated Box Making Machine Market Share by End-user

To gain further insights on the market contribution of various segments Request for a FREE Sample!

According to our market segmentation data analysis, the food and beverages segment is expected to be a significant contributor to the growth of the corrugated box making machine market share during the forecast period. The increasing demand for food and beverage products will have an impact on the packaging industry and will eventually drive the demand for corrugated boxes, as the food and beverage industry is heavily reliant on corrugated boxes for its packaging needs. The growing demand for processed food and ready-to-eat products has surged the packaging requirement, which is driving the demand for corrugated boxes and, subsequently, corrugated box making machines. This report provides an accurate prediction of the revenue share of all the segments to the growth of the corrugated box making machine market size.

From the corrugated box making machine market segmentation insights, players can achieve maximum market response by understanding the target consumers. The analytical data on the segmentations will allow vendors to position their services and products among the right audiences and gain significant exposure and growth. Also, get updated actionable market insights on post COVID-19 impact on each segment.

Corrugated Box Making Machine Market Drivers & Trends

Even if the success rate of a business is higher, every factor, including challenges, influencing any market growth needs to be considered to mitigate potential risks at an earlier development stage. One of the key factors impeding the corrugated box making machine market growth is the rising cost of raw materials used in corrugated boxes. Purchase our express report to get exhaustive insights on the key industry trends, drivers, and challenges, which will help companies evaluate and build growth strategies.

That growth of the e-commerce industry will be one of the major factors that will drive market growth. The rise in disposable income and the growing penetration of the Internet have fueled the growth of the e-commerce industry. This will increase the demand for corrugated boxes for packaging products. Moreover, products ordered through online platforms require packaging at multiple stages, including the seller and the website. This rising demand from this industry will induce corrugated box manufacturers to increase their production, which will increase the demand for corrugated box making machines.

The increasing popularity of smart packaging in the e-commerce industry will also drive market growth. Smart packaging enables the multiple usages of the box without dismantling it. This can reduce losses occurred during the dismantling of a box and mainly benefits customers when they choose to return the product. With the growing popularity and demand from the online retail industry, manufacturers will start developing box making machines that support the manufacturing of smart packaging. 

Technavio research analysts have done an in-depth analysis of the corrugated box making machine market trends, drivers, and challenges in terms of their long-term and short-term effects. This data will help players map their growth prospects across key and emerging markets.

 

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Corrugated Box Making Machine Market Report Outlook

  • CAGR of the market during the forecast period 2021-2025
  • Detailed information on factors that will drive corrugated box making machine market growth during the next five years
  • Precise estimation of the corrugated box making machine market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the corrugated box making machine market across APAC, North America, Europe, MEA, and South America
  • A thorough analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of corrugated box making machine market vendors

Buy the Corrugated Box Making Machine Market report now to reimage your business strategies!

 

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Research Framework

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

INFORMATION SOURCES

Primary sources

  • Manufacturers and suppliers
  • Channel partners
  • Industry experts
  • Strategic decision makers

Secondary sources

  • Industry journals and periodicals
  • Government data
  • Financial reports of key industry players
  • Historical data
  • Press releases

DATA ANALYSIS

Data Synthesis

  • Collation of data
  • Estimation of key figures
  • Analysis of derived insights

Data Validation

  • Triangulation with data models
  • Reference against proprietary databases
  • Corroboration with industry experts

REPORT WRITING

Qualitative

  • Market drivers
  • Market challenges
  • Market trends
  • Five forces analysis

Quantitative

  • Market size and forecast
  • Market segmentation
  • Geographical insights
  • Competitive landscape
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The corrugated box making machine market growth will increase by $719.06 million during 2019-2024.
The corrugated box making machine market is expected to grow at a CAGR of 2.20% during 2019-2024.
Technavio has segmented the corrugated box making machine market by end user (Food and beverages, Electronic goods, Home and personal care goods, Textile goods, and Others) and geographic (APAC, North America, Europe, MEA, and South America).
ACME Machinery Co. Pvt. Ltd. , Bobst Group SA, EMBA Machinery AB, Fosber Spa, ISOWA Corp., KOLBUS. GmbH & Co. KG, Mitsubishi Heavy Industries Ltd., Shinko Machine Mfg. Co. Ltd., Wenzhou Zhongke Packaging Machinery Co. Ltd., Zemat Technology Group Ltd. are a few of the key vendors in the corrugated box making machine market.
APAC will register the highest growth rate of 48.18% among the other regions. Therefore, the corrugated box making machine market in APAC is expected to garner significant business opportunities for the vendors during the forecast period.
The key factors driving the corrugated box making machine market growth are:
  • Exponential growth in e-commerce industry
  • Smart packaging
The corrugated box making machine market vendors should focus on grabbing business opportunities from the food and beverages segment as it accounted for the largest market share in the base year.
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