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Corrugated Box Machines Market Demand, Future Growth Opportunities, Trends 2032

Author : Niranjan Krade | Published On : 20 Mar 2024

The global corrugated box machines market is set to witness robust growth, with a projected Compound Annual Growth Rate (CAGR) of 5.0% during the forecast period spanning from 2022 to 2032. The market value is expected to surge from US$ 992 million in 2022 to US$ 1,624 million by 2032.

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Advent of Smart Packaging Driving Demand for Corrugated Box-Making Machines

With a focus on enhancing product safety and extending shelf life, industries reliant on corrugated boxes are transitioning towards smart packaging solutions. Leading e-commerce entities and renowned food brands are incorporating smart packaging features to meet evolving market demands. This trend is poised to propel the demand for corrugated box making machines.

The Association for Packaging and Processing Technologies (PMMI) reports significant demand for packaging machinery in the food sector across Mexico, with the U.S. emerging as a major supplier. This underscores the growing need for all types of packaging machinery, including corrugated box making machines, to meet escalating market demands.

Adoption of Energy-efficient Solutions Driving Corrugated Box Machines Demand

Key industries such as e-commerce and food & beverage are witnessing a surge in market players, necessitating efficient machinery solutions for production. Manufacturers are increasingly opting for corrugated box making machines with low energy consumption and optimal production speeds to meet industry demands.

In alignment with sustainability goals, manufacturers are emphasizing eco-friendly solutions, leading to increased adoption of energy-efficient box making machines. Corrugated box machines with reduced maintenance costs and lower energy consumption are enhancing profitability and productivity simultaneously, driving market traction.

Demand Outlook for the U.S. Corrugated Box Machines Market:

  • The U.S. is poised to dominate the corrugated box machines market, accounting for a substantial share of approximately 78.2% in 2022.
  • The country’s robust consumption of packaging solutions by manufacturers is a key factor driving market growth.
  • The highly integrated supply chain network in the U.S., linking producers and consumers through various transportation modes, further supports market expansion.

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Corrugated Box Machines Market by Category

By Technology:

  • Automatic
  • Semi-Automatic
  • Manual

By Operating Speed:

  • Upto 200 BPH
  • 201 to 400 BPH
  • Above 400 BPH

By Machine Type:

  • Stand Alone
  • Integrated

By End Use:

  • Food & Beverage
  • Pharmaceuticals
  • Automotive
  • Cosmetic & Personal Care
  • Chemicals
  • Electrical & Electronics

By Region:

  • North America
  • Latin America
  • Europe
  • East Asia
  • South Asia
  • Middle East and Africa (MEA)
  • Oceania