December 24, 2024 10:00 ET | Source: Precedence Statistics Precedence Statistics
Ottawa, Dec. 24, 2024 (GLOBE NEWSWIRE) -- The cartoning machines market size to record US$ 8.72 billion in 2025 and is projected to grow beyond US$ 12.93 billion by 2033, a study published by Towards Packaging a sister firm of Precedence Statistics. tray forming and stapling machine
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Overview and Growth Prospects of the Market
A carton machine is automated packaging equipment that commonly forms erect, folded, closed, side-seamed, and sealed cartons. These machines are suitable for packing products into boxes. A cartoning machine is used to produce cartons as well as pack products into the carton, either by hand or by an automatic process. These machines offer consistency in carton forming, filling, and sealing, accelerating the overall packaging process and enhancing the efficiency of businesses. They also improve the accuracy of packaging.
Consequently, cartoning machines are utilized in various industries, such as food & beverages, healthcare, pharmaceutical, and e-commerce. The market is experiencing rapid growth due to the rapid shift toward automation. However, cartoning machines not only automate the packaging process but also enhance productivity and reduce labor costs. Moreover, the rising demand for packaged food contributes to the growth of the market.
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Major Trends in the Cartoning Machines Market:
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Industrialization Supported Asia’s Dominance: What till 2034?
Asia Pacific dominated the cartoning machines market with the largest share in 2023. This is mainly due to increased industrialization, especially in countries like India and China. As industries embraced automated packaging solutions, the adoption of cartoning machines has increased significantly. Industries like food & beverages, pharmaceuticals, and cosmetics & personal care are investing heavily in automated packaging solutions to meet consumers’ diverse needs.
The rise of e-commerce and the rising adoption of advanced automated technologies are likely to contribute to market expansion in the coming years. Moreover, regional market players are developing innovative solutions to meet the varying demands of various industries.
Adoption of Advanced Technologies to Boost Market in Europe
The cartoning machines market in Europe is expected to grow at the fastest rate during the forecast period. This is primarily due to the increasing usage of advanced packaging machines, including cartoning machines. Several industries in the region are focusing on automation. Moreover, there is a strong focus on sustainability practices. Thus, packaging manufacturers are shifting toward cartoning machines that use less electricity. In addition, the increasing demand for customized packaging solutions and the rising consumption of packaged bakery goods contribute to regional market growth.
The cartoning machines market continues to evolve rapidly in the coming years. Key players competing in the market include Warade PackTech Private Limited, Creative Packaging System, Harikrushna Machines Private Limited, Aarvee PHARMA machinery, Durva Machinery, Jet Pack Machines Private Limited, Marchesini Group, PAC Machinery Group, Pactech Machinery LLP, SATV Industries, Unisource Packaging Private Limited, Barvaya Packaging Industries, Orpac Systems Private Limited, Sonus Pharma Machines, and Parth Engineers & Consultant. These players are making efforts to drive innovations and stay ahead of the competion.
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Segments Covered in the Report
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