Cartoning Equipment Market Scope
Cartoning equipment is a type of packaging that ensures the safety of goods. The rising demand for such packaging has resulted in an increase in cartooning equipment manufacture all over the world. Furthermore, automation is transforming the manufacturing business, and it is predicted to continue to develop at a steady rate as more companies transition to automated production units that require less human intervention. Cartoning equipment is cost-effective, dependable, and has a tiny footprint. The cartooning equipment market is predicted to rise in tandem with the carton packaging and FMCG industries. Furthermore, the cartooning equipment market is predicted to increase significantly due to the expansion of the transportation and logistics industries. The expansion and extension of numerous SMEs to large-scale industries has resulted in an increase in the use of cartooning equipment for transporting goods. The adoption of globalization policies has resulted in increased trade and business contacts between countries, resulting in considerable growth for the Cartoning Equipment market. Government regulations governing goods transportation and packaging have a favorable impact on the cartoning equipment business.
The Cartoning Equipment market study is segmented by Type (Horizontal and Vertical) and major geographies with country level break-up.
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies. Research Analyst at AMA estimates that European Manufacturers will contribute to the maximum growth of Global Cartoning Equipment market throughout the predicted period.
Syntegon Technology (Germany), IMA S.p.A. (Italy), Körber AG (Germany), Uhlmann Group (Germany), OPTIMA Packaging Group (Germany), Romaco Holding (Germany), Marchesini Group (Italy), ACG Worldwide (India), Accutek Packaging Equipment Companies (United States) and Nordson Corporation, (United States) are some of the key players that are part of study coverage. Additionally, the Manufacturers which are also part of the research are Vanguard Pharmaceutical Machinery (United States), MG2 S.r.l. (Italy) and Trustar Pharma & Packing Equipment (China).
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a
preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from total available market.
AMA Research has segmented the market of Global Cartoning Equipment market by Type, Application and Region.
On the basis of geography, the market of Cartoning Equipment has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
May 2020 – Syntegon Technology has launched its new Kliklok ACE (Advanced Carton Erector) carton former platform at its virtual show booth. and July 2020 – OPTIMA Packaging Group (Germany) launched OPTIMA FPA. This product launch has strengthened the company’s automated packaging solutions portfolio.
- Strong Demand for Fully Automatic Cartoning Machines
- Vision System and Integrated Barcode Systems
- Growing Need for Flexible and Integrated Packaging Equipment
- Growing Demand from E-Commerce Channels
- Increasing Demand for Low-Cost Equipment
- Globalization is Expected to be a Key Driver for the Cartoning Equipment Market
- New Upcoming Entrepreneurship and Import-Export Business Ideas
- High Price of Top Load Cartoning Machines
- Stringent Tax-Related Government Regulations
Key Target AudienceManufacturers of Cartoning Equipment, Suppliers of Cartoning Equipment, Wholesalers, Distributors and Retailers of Cartoning Equipment, Investors, End Users and Others
Frequently Asked Questions (FAQ):
1. Is it possible to have certain customization in the study?
The Study can be customized to meet your requirements. Please connect with our representative, who will ensure you get a study that suits your business objectives.
2. How big is the Cartoning Equipment Market?
Yes, the study does represent market size by key business segment, application/end users and major geographies forecasted till 2026.