Latest News- Corrugated Box Making Machine Market: Food and beverages is expected to lead the End-user segment during 2025-2029

The Corrugated Box Making Machine Market is being driven by Exponential growth in e-commerce industry

The Corrugated Box Making Machine Market is expected to grow at a CAGR of 5.4% during 2024 and 2029. During this period, the market is also expected to show a growth of USD 821.2 million. In the contemporary packaging landscape, the adoption of smart packaging solutions has emerged as a significant trend. Traditionally, corrugated boxes have been subjected to recycling processes, where the entire box is dismantled for various applications. However, smart packaging offers a more sustainable and cost-effective alternative. By enabling multiple uses with minimal damage, the same corrugated box can be reopened and reclosed numerous times, making it an attractive proposition for businesses. The e-commerce sector's burgeoning popularity worldwide has fueled the demand for such innovative packaging solutions. 

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Which Factors Are Causing a Surge in Market Growth?

The market is segmented based on

• End-user
  • Food and beverages
  • Electronic goods
  • Home and personal care goods
  • Textile goods
  • Others
• Technology
  • Automatic
  • Semi-automatic
  • Manual
• Product Type
  • High-capacity machines
  • Medium-capacity machines
  • Low-capacity machines
• Geography
  • APAC
    • China
    • India
    • Japan
    • South Korea
  • North America
    • Canada
    • US
  • Europe
    • Germany
    • UK
    • France
  • Middle East and Africa
  • South America

According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows: 

• Exponential growth in e-commerce industry
• Emergence of automation
• Need to reduce outsourcing costs

However, the market also witnesses some limitations, which are as follows:

• Rising cost of raw materials used in corrugated boxes
• Emergence of reusable plastic packaging boxes
• Need for e-commerce packaging to comply with stringent regulations

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Market Scope in Corrugated Box Making Machine Market Research Report

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Research Analysis Overview

The Corrugated Box Making Machine Market encompasses advanced technologies such as rotary cutters, sheet feeders, glue applicators, printing presses, and converting machinery. Post-printing processes, quality assurance, and packaging materials are integral components. Automation integration, digital transformation, and supply chain optimization are key trends. Packaging solutions, packaging technology, and production planning are crucial for cost reduction, profit maximization, and brand enhancement. Sustainable materials, circular economy, and packaging lifecycle management are essential for product protection, shelf life extension, and environmental compliance. Material science, paper chemistry, and waste management technologies are critical in the industry. Packaging innovations, trends, design trends, and regulations are continually evolving.

Market Research Overview

The Corrugated Box Making Machine Market is a segment of the larger Global Industrial Machinery and Supplies and Components Market. This market encompasses businesses involved in manufacturing industrial machinery and components, including presses, machine tools, compressors, pollution control equipment, elevators, escalators, insulators, pumps, roller bearings, and other metal fabrications. According to Technavio, the Global Industrial Machinery and Supplies and Components Market size is determined by the combined revenue generated by manufacturers of machinery and components utilized in industrial settings. Factors driving growth in this market include increasing industrial output in process and discrete industries, necessitating capacity expansions in sectors such as energy, chemicals and petrochemicals, pulp and paper products, and processed food and beverages, particularly in developing countries. Advancements in printing technologies, such as flexographic printing, offset printing, and digital printing, have significantly impacted the Corrugated Box Making Machine Market. These innovations have enabled the production of high-quality, customized packaging designs, enhancing brand recognition and consumer appeal. Additionally, die cutting techniques, including rotary die cutting and flatbed die cutting, have streamlined the manufacturing process, improving efficiency and reducing production costs. The Corrugated Box Making Machine Market is poised for substantial growth as businesses continue to prioritize cost-effective, customizable, and efficient packaging solutions.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.

Technavio Research
Jesse Maida
Media & Marketing Executive
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UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/