Global End Cartoning Machine Market Set For Rapid Growth, To Reach Value Around USD 657 Million By 2024

16-Oct-2018 | Zion Market Research

Zion Market Research has published a new report titled “End Cartoning Machine Market by Product Type (Less than 70 CPM, 70 CPM to 150 CPM, 150 CPM to 400 CPM, and More than 400 CPM), – by Orientation (Horizontal and End-use), by Dimensions (Less than 200 CC, 200 CC to 1,000 CC, 1,000 CC to 5,000 CC, 5,000 CC to 10,000 CC, and More than 10,000 CC), by End-Use (Food and Beverage, Personal Care, Healthcare, and Others): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2018 - 2024”. According to the report, global end cartoning machine market was valued at approximately USD 492 million in 2017 and is expected to generate revenue of around USD 657 million by the end of 2024, growing at a CAGR of around 6.24% between 2018 and 2024.   

The rapid technological advancement coupled with innovation is expected to propel the growth of the market. The growth and development of the market are majorly driven by end-user industries such as food and beverage, pharmaceutical, and others. Manufacturers producing cartoning machines are making investments in innovations and advancements in the cartoning machines to make it attractive. This is because the manufacturers want to enhance their brand visibility and brand loyalty by innovating new products. The growing demand for constant brand differentiation among organizations is the main factor that is accelerating the growth of the market. Moreover, technology has also put an upsurge in the growth of the market. Additionally, the rise in automation is also going to have a positive impact on the growth of the market that caters the increasing need for packaging cosmetic products, sundry goods, food items, and confectionery leading to the adoption of end load cartoning machines in the modern day. Such factors are expected to drive the end cartoning machine market growth over the forecast period.  

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Browse the full "End Cartoning Machine Market by Product Type (Less than 70 CPM, 70 CPM to 150 CPM, 150 CPM to 400 CPM, and More than 400 CPM), – by Orientation (Horizontal and End-use), by Dimensions (Less than 200 CC, 200 CC to 1,000 CC, 1,000 CC to 5,000 CC, 5,000 CC to 10,000 CC, and More than 10,000 CC), by End-Use (Food and Beverage, Personal Care, Healthcare, and Others): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2018 - 2024" report at https://www.zionmarketresearch.com/report/end-cartoning-machine-market

Global End Cartoning Machine Market 
 
The end cartoning machine market is segmented on the basis of product type into less than 70 CPM, 70 CPM to 150 CPM, 150 CPM to 400 CPM, and more than 400 CPM. 70 CPM to 150 CPM segment is expected to dominate the market. The growth is attributed to its extensive usage in the horizontal cartoners.  

Based on the orientation, end cartoning machine market has been segmented into horizontal and vertical. The horizontal segment is expected to dominate the market. Horizontal cartoning machines are widely used for the packaging of food products and other pharma products. Also, horizontal cartoning machines are flexible and easy to carry. The aforementioned factors are likely to contribute towards the segment domination of the market.

Based on the dimensions, the end cartoning machine market has been segmented as less than 200 CC; 200 CC to 1,000 CC; 1,000 CC to 5,000 CC; 5,000 CC to 10,000 CC, and more than 10,000 CC. 200 CC to 1,000 CC segment is expected to dominate the market. The domination can be attributed to the requirement of most of products to be packaged available in the size of 200*1000 centimeters.

Based on end-user, the end cartoning machine market has been segmented into food and beverage, healthcare, personal care, and others. Food and beverage segment is expected to dominate the market. The domination can be attributed to the rapid growth of FMCG goods and products sector that cater to the needs and demands of the customers across the globe.

Europe registered the highest growth in the global end cartoning machine market in 2017. The region will probably continue with its regional domination over the forecast period. The growth of this regional market is attributed to the rising demand of cartons and other packaging products from the end-user industries. Such factors are anticipated to further drive the industry growth in the region over the forecast period. Moreover, manufacturers in the packaging sector are similarly implementing touch-screen features to give comfort to customers while opening and shutting the packages. Such innovations are going to drive regional market growth. North America is predicted to have a substantial revenue share in the global end cartoning machine market. Manufacturers in cartoning industry are implementing robots which will help the packaging of items in a simple and flexible way. These are the factors which are expected to boost the growth and development of the global end cartoning machine market across the world.

Some of the industry players operating in the end cartoning machine market include ROVEMA GmbH, Molins Langen, Bosch Packaging Technology, IWK Verpackungstechnik GmbH, Omori Machinery Co., Ltd., ACG Worldwide Private Limited, Marchesini Group, I.M.A. INDUSTRIA MACCHINE AUTOMATICHE S.P.A., Douglas Machine Inc., and Shibuya Packaging System Corporation.      

This report segments the global end cartoning machine market as follows:

Global End Cartoning Machine Market: Product Type Segment Analysis

  • Less than 70 CPM
  • 70 CPM to 150 CPM
  • 150 CPM to 400 CPM
  • More than 400 CPM

Global End Cartoning Machine Market: Orientation Segment Analysis

  • Horizontal
  • Vertical

Global End Cartoning Machine Market:  Dimensions Segment Analysis

  • Less than 200 CC
  • 200 CC to 1,000 CC
  • 1,000 CC to 5,000 CC
  • 5,000 CC to 10,000 CC 
  • More than 10,000 CC   

Global End Cartoning Machine Market:  End-use Segment Analysis

  • Food and Beverage
  • Personal Care
  • Healthcare
  • Others

Global End Cartoning Machine Market: Regional Segment Analysis

  • North America
    • The U.S.
  • Europe
    • UK
    • France
    • Germany
  • Asia Pacific
    • China
    • Japan
    • India
  • Latin America
    • Brazil
  • Middle East and Africa

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