ID: MRFR/IA - E/6242-HCR | 100 Pages | Author: Varsha More | June 2023
End Load Cartoning Machine Market Size is expected to cross USD $2.12 billion by 2030 at a CAGR of 3.65% during the forecast period 2022-2030
$2.12 billion
3.65%
North America
2022-2030
The End Load Cartoning Machine Market will obtain a value of USD 2.12 billion with a Driving CAGR of 3.65% in the forecast period by 2030.
The end load cartooning machines are used for packaging purposes in various industrial verticals. These cartons have different applications, like producing folded cartons and filling them with several products vertically by an opening end. It is then closed, tucking in the end flap through adhesive. The end load cartooning machines are used in different industrial verticals such as healthcare, homecare, personal care, and food industries which need safe and durable packaging. These packaging machines reduce the labor cost with automation technology. The packaging unit doesn’t need an operator to chase the product until it finishes. Due to its higher efficiency, the machine is highly preferred in packing cosmetic products, confectionery, food items, and sundry goods. The standard regulations made by the companies for efficient packaging are driving the End Load Cartoning Machine Market. The pharmaceutical sector is acting as the major market driver.
The higher investment from the healthcare sector and food and beverages verticals enhance the market with a higher growth rate. The demand from emerging countries and the rising technological investment set wide opportunities for the market. The constant demand for brand differentiation among the competitive organization propels the market’s growth. Moreover, the rise of automation technologies and the development of packaging in the commercial sector are helping the market emerge at the global level.
The prominent players in the global end load cartoning machine market are Robert Bosch Packaging Technology GmbH (Germany), Omori Machinery Co., Ltd (Japan), Molins PLC (UK), ROVEMA GmbH (Germany), EconoCorp Inc. (US), PMI Cartoning, Inc. (US), Langley Holdings PLC (UK), ADCO Manufacturing (US), Tetra Pak International S.A. (Switzerland), and Marchesini Group (Italy).
January 2022
The pattern is a well-recognized global leader in end-of-line packaging automation. The company has announced an acquisition with ESS Technologies, Inc. The acquisitions will bring the art of cartooning and packaging lines with capabilities into Pacteon’s portfolio. This will further strengthen its demand and requirements in the pharmaceutical and diagnostic sectors.
February 2022
Mother Earth Brewing Company has revealed its new cartoner. The tray packer of the carton will boost the speed with flexibility. This innovation will improve the quality, and the demand for labor will reduce with this carton and tray packer.
The global end load cartoning machine market is segmented based on orientation, capacity, dimensions, end-use, and region. On the basis of orientiation, the global market has been divided into vertical and horizontal. On the basis of capacity, the global market has been segmented into less than 200 CPM, 200 CPM to 400 CPM, and more than 400 CPM. On the basis of dimension, the global market has been segmented into less than 200 CC, 200 to 1000 CC, 1000 to 5,000 CC, 5,000 to 10,000 CC, and above 10,000 CC. On the basis of end-use, the global market has been segmented into food industry, beverage industry, pharmaceutical industry, homecare industry, and others.
Report Attribute/Metric | Details |
---|---|
Market Size | 2030: USD 2.12 billion |
CAGR | 2030: 3.65% CAGR |
Base Year | 2021 |
Forecast Period | 2020-2030 |
Historical Data | 2019 & 2020 |
Forecast Units | Value (USD Million) |
Report Coverage | Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
Segments Covered | Orientation, Dimension, End-Use |
Geographies Covered | North America, Europe, Asia-Pacific, and Rest of the World (RoW) |
Key Vendors | Robert Bosch Packaging Technology GmbH (Germany), Omori Machinery Co., Ltd (Japan), Molins PLC (UK), ROVEMA GmbH (Germany), EconoCorp Inc. (US), PMI Cartoning, Inc. (US), Langley Holdings PLC (UK), ADCO Manufacturing (US), Tetra Pak International S.A. (Switzerland), and Marchesini Group (Italy) |
Key Market Opportunities |
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Key Market Drivers | Growing demand for packaged food items, sundry goods, cosmetic products, confectionery and food items |
The segments such as orientation, capacity, dimensions, and end-use are mentioned in the study of the global end load cartooning machine market.
The global end load cartoning machine market has included four major regions, such as North America, Asia-Pacific, Europe, and the rest of the world.
The end load, cartoning machine market in North America, held the largest market share, due to stringent food safety policies in the US and Canada, amplified consumption of beverages, and the rapid growth of the pharmaceutical industry.
The key market players are noted as Robert Bosch Packaging Technology GmbH (Germany), Omori Machinery Co., Ltd (Japan), Molins PLC (UK), ROVEMA GmbH (Germany), EconoCorp Inc. (US), PMI Cartoning, Inc. (US). They are highly investing in the market’s share and making it reach a higher position.
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