The global Case Erectors Market accrued earnings worth approximately 10.1 (USD Billion) in 2020 and is predicted to gain revenue of about 15.1(USD Billion) by 2028, is set to record a CAGR of nearly 5.1% over the period from 2021 to 2028.
The global Case Erectors Market accrued earnings worth approximately 10.1 (USD Billion) in 2020 and is predicted to gain revenue of about 15.1(USD Billion) by 2028, is set to record a CAGR of nearly 5.1% over the period from 2021 to 2028. The report offers an assessment and analysis of the Case Erectors Market on a global and regional level. The study offers a comprehensive assessment of the market competition, constraints, revenue estimates, opportunities, evolving trends, and industry-validated data. The report provides historical data from 2018 to 2020 along with a forecast from 2021 to 2028 based on revenue (USD Billion).
In Global Case Erectors Market Report, Case erectors are machines that help in the manufacture of erect folded cardboards as well as corrugated boxes in specific shapes. These boxes & cardboards are then made available for packaging of industrial goods as well as consumer products. With the induction of new products such as robotics case erectors, to existing product line, ergonomic packaging activities have gained momentum, thereby offering package customization and saving cost incurred by firms on the deployment of case erectors. This, in turn, will facilitate the expansion of case erectors market size in the years ahead. Breakthroughs in technology will embellish growth of case erectors industry over forecast timeframe.
In Global Case Erectors Market Report, The Growth of case erectors market over assessment period is due to increase in efficiency resulting in reduction of work fatigue for workers. Apart from this, rising trend among the product manufacturers towards paper-based packaging due to massive use of the latter for packaging food products, pharmaceuticals, beverages, and consumer goods will steer market value. In addition to this, thriving packaging sector culminating into massive demand for case erectors in countries such as Indonesia, India, Vietnam, and China will drive business landscape. With key players focusing on exploring new growth opportunities in emerging economies, the market for case erectors is likely to witness accelerated growth in near future.
Report Attributes | Report Details |
---|---|
Report Name | Case Erectors Market Research Report |
Market Size in 2020 | USD 10.1 million |
Market Forecast in 2028 | USD 15.1 million |
Compound Annual Growth Rate | CAGR of 5.1% |
Number of Pages | 159 |
Forecast Units | Value (USD Billion), and Volume (Units) |
Key Companies Covered | Hamrick Manufacturing & Services, Lantech, Recopak Machinery PTY Ltd., Wayne Automation Corporation, WestRock Company, FilSilPek, Lenze, Arpac LLC, Pearson Packaging Systems, Marq packaging System, Wexxar/BEL Packaging, Combi Packaging System LLC, and A.B. Sealer Incorporated. |
Segments Covered | By Product Type, By Application, And By Region |
Regions Covered | North America, Europe, Asia Pacific (APAC), Latin America, Middle East and Africa (MEA) |
Countries Covered | North America: U.S and Canada Europe: Germany, Italy, Russia, U.K, Spain, France, Rest of Europe APAC: China, Australia, Japan, India, South Korea, South East Asia, Rest of Asia Pacific Latin America: Brazil, Argentina, Chile The Middle East And Africa: South Africa, GCC, Rest of MEA |
Base Year | 2020 |
Historical Year | 2016 to 2020 |
Forecast Year | 2021 - 2028 |
Customization Scope | Request For Customization
Furthermore, elevated popularity of case erectors in personal care & cosmetics industry, as well as fashion sector, will characterize growth of case erectors market. Growing demand for robust packaging in manufacturing sector has translated into scaling up of popularity of case erectors, thereby accentuating case erectors market progression. Nonetheless, high initial deployment costs of product can be detrimental for growth of case erectors market in next decade.
North America To Dominate Case Erectors Market Growth In 2021-2028
Growth of case erectors market in North America in next seven years is subject to large-scale production of case erectors in countries such as the U.S. and Canada. In addition to this, presence of established industry players in countries such as the U.S. will prompt growth of case erectors market in years to come. Additionally, product manufacturers in the U.S. and Canada export the product to emerging economies of Asia Pacific and African countries. This has resulted in increase in GDP and revenue of case erector exporting countries, thereby contributing significantly towards case erectors market proceeds in North America.
Competitive Landscape
Key participants influencing market landscape and profiled in report are Hamrick Manufacturing & Services, Lantech, Recopak Machinery PTY Ltd., Wayne Automation Corporation, WestRock Company, FilSilPek, Lenze, Arpac LLC, Pearson Packaging Systems, Marq packaging System, Wexxar/BEL Packaging, Combi Packaging System LLC, and A.B. Sealer Incorporated.
Global Case Erectors Market By Machine Type
By End-Use
FrequentlyAsked Questions
Growth of case erectors market over assessment period is due to increase in efficiency resulting in reduction of work fatigue for workers. Apart from this, rising trend among the product manufacturers towards paper-based packaging due to massive use of the latter for packaging food products, pharmaceuticals, beverages, and consumer goods will steer market value. In addition to this, thriving packaging in sector culminating into massive demand for case erectors in countries such as Indonesia, India, Vietnam, and China will drive business landscape. With key players focusing on exploring new growth opportunities in emerging economies, the market for case erectors is likely to witness accelerated growth in near future. Furthermore, elevated popularity of case erectors in personal care & cosmetics industry as well as fashion sector will characterize growth of case erectors market.
According to Zion market research report, the global Case Erectors Market accrued earnings worth approximately 10.1 (USD Billion) in 2020 and is predicted to gain revenue of about 15.1(USD Billion) by 2028, is set to record a CAGR of nearly 5.1% over the period from 2021 to 2028.
North America will contribute lucratively towards the global market value over the estimated timeline. The regional market surge is subject to large-scale production of case erectors in countries such as the U.S. and Canada. In addition to this, presence of established industry players in countries such as the U.S. will prompt growth of case erectors market in years to come. Additionally, product manufacturers in the U.S. and Canada export the product to emerging economies of Asia Pacific and African countries. This has resulted in increase in GDP and revenue of case erector exporting countries, thereby contributing significantly towards case erectors market proceeds in North America.
The key market participants include Hamrick Manufacturing & Services, Lantech, Recopak Machinery PTY Ltd., Wayne Automation Corporation, WestRock Company, FilSilPek, Lenze, Arpac LLC, Pearson Packaging Systems, Marq packaging System, Wexxar/BEL Packaging, Combi Packaging System LLC, and A.B. Sealer Incorporated.
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