12-Oct-2021 | Zion Market Research
As per the research based on Zion Market Research study, Case Erectors Market accumulated revenue about US$ 10.1 billion in 2020 and is set to earn revenue of approximately US$ 15.1 billion by 2028. The Case Erectors Market is slated to record highest gains of approximately 5.1% in 2021-2028. Apparently, growth of case erectors market over assessment period can be attributed to wide application of product in developing strong packaging for consumer & industrial products. In addition to this, need for effective packaging in food & beverages sector to prevent spoilage of food items & beverages will promulgate progression of case erectors industry. Apparently, case sector has also gained traction in fashion and cosmetics industries in recent years. Furthermore, surge in utility of steel materials for manufacturing case erector equipment and rise in automation of case erector systems has accelerated paper box packaging activities, thereby reducing firm’s expenditure on labor. Additionally, use of corrugated materials for packaging purpose owing to its pressure absorbing features has open new vistas of growth for case erectors industry.
Use of Automated Case Erectors To Drive Market Growth In 2021-2028
Growth of case erectors market over forecast timespan can be credited to surge in utilization of robotics case erectors in effective packaging of products in manufacturing industry. In addition to this, government authorities in both emerging economies as well as developed countries have focused on allotting massive funds on research & development activities related to manufacturing of case erectors with new features. This will contribute significantly towards case erectors market value in years ahead.
North American Case Erectors Market To Make Commendable Gains Over Forecast Timespan
Growth of case erectors market in North America over assessment period is subject to massive demand for paper-based packaging activities in countries such as Canada and the U.S. In addition to this, large-scale presence of giant players in these countries will contribute majorly towards regional market revenue in next couple of years.
Key players impacting growth of class erectors industry and profiled in study are Hamrick Manufacturing & Services, Combi Packaging System LLC, Lantech, Marq packaging System, Recopak Machinery PTY Ltd., Wexxar/BEL Packaging, Wayne Automation Corporation, WestRock Company, FilSilPek, Lenze, Arpac LLC, Pearson Packaging Systems, and A.B. Sealer Incorporated.
Browse the full “Case Erectors Market- By Machine Type (Automatic Erector And Semi-Automatic Erector), By End-Use (Chemical & Petrochemical, Cosmetics, Pharmaceutical, Electronics, Manufacturing, Automotive, And Food And Beverages), And By Region- Global Industry Perspective, Comprehensive Analysis, And Forecast, 2021 – 2028.” Report at https://www.zionmarketresearch.com/report/case-erectors-market
The global Case Erectors Market is segmented as follows:
By Machine Type
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