Market Overview:
The global carton closing machine market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to factors such as the increasing demand for packaged food and beverages, rising disposable income, and technological advancements in carton closing machines. Based on type, the global carton closing machine market is segmented into semi-automatic carton closing machines and automatic carton closing machines. Based on application, the global Carton Closing Machine Market is segmented into personal care and cosmetics, food and beverages, electrical and electronics, others). The personal care & cosmetics application segment is projected to register highest CAGR during forecast period owing to increase in demand for cosmetic products across globe .
Product Definition:
A carton closing machine is a piece of equipment that is used to close the flaps on a cardboard box. This machine can either use staples or adhesive to close the flaps. The importance of a carton closing machine is that it helps to ensure that the contents of the box are secure and will not fall out.
Semi Automatic Carton Closing Machine:
Semi automatic carton closing machine is a kind of packaging machine which can be used to close the boxes in half-automatic or semi-automatic mode. Semi automatic carton closing machines are widely used for packing food products such as meat, fish, poultry and seafood; fresh fruits & vegetables; eggs; milk & dairy products and other consumer goods like cosmetics, medicines and electronics.
Automatic Carton Closing Machine:
The automatic carton closing machine is used in the packaging industry to close an empty box by means of a lever or automatically. The machine consists of a base, which holds the stack of boxes and an actuator arm, which can be actuated by a sensor or manually.
When the sensor detects that all boxes in the stack are empty, it signals to start lever movement; once all levers are moved, they return to their original position.
Application Insights:
The food and beverages application segment led the global market in 2017. The segment is projected to expand at a CAGR of XX% over the forecast period owing to factors such as increasing demand for ready-to-eat products, including cereals, snacks, frozen foods and confectionery among others.
The personal care and cosmetic industry is one of the leading industries globally due to factors such as growing awareness about personal grooming among consumers along with changing lifestyles has resulted in an increased demand for various beauty products including skincare creams, sun protection lotions and lipsticks across regions. This factor is anticipated to fuel product demand over the forecast period.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The growth of this region can be attributed to increasing demand for personal care and cosmetic products, coupled with rising disposable income especially in developing countries such as China, India, Thailand, Vietnam among others. Furthermore, growing e-commerce industry is also anticipated to fuel product demand in near future.
Europe Carton Closing Machine Market was valued at USD X million in 2017 owing to high consumption of functional beverages such as coffee and tea among other food products along with a well-established pharmaceutical sector within this region which has resulted into increased use of packaging machinery for efficient packing of goods delivered by logistics service providers such as DHL or FedEx etc.
Growth Factors:
- Increasing demand for packaged food products: The global packaged food market is expected to grow at a CAGR of 5.4% from 2016 to 2021. This will lead to an increase in the demand for carton closing machines as they are used extensively in the packaging of food products.
- Rising disposable income: The rise in disposable income has led to an increase in consumer spending on various goods and services, including packaged foods. This is expected to drive the growth of the carton closing machine market during the forecast period.
- Technological advancements: The development of new and innovative technologies has helped reduce manufacturing costs and improve product quality, which is likely to boost the growth of the carton closing machine market during the forecast period.
Scope Of The Report
Report Attributes
Report Details
Report Title
Carton Closing Machine Market Research Report
By Type
Semi Automatic Carton Closing Machine, Automatic Carton Closing Machine
By Application
Personal Care and Cosmetic, Food and Beverages, Electrical and Electronics, Others
By Companies
3M, Humboldt Verpackungtechnik GmbH, Marq Packaging Systems, Wayne Automation Corporation, Combi Packaging, Wexxar Packaging, Cama Group, Homag, Sharp Engineering, PPMA Group
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
190
Number of Tables & Figures
133
Customization Available
Yes, the report can be customized as per your need.
Global Carton Closing Machine Market Report Segments:
The global Carton Closing Machine market is segmented on the basis of:
Types
Semi Automatic Carton Closing Machine, Automatic Carton Closing Machine
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Personal Care and Cosmetic, Food and Beverages, Electrical and Electronics, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- 3M
- Humboldt Verpackungtechnik GmbH
- Marq Packaging Systems
- Wayne Automation Corporation
- Combi Packaging
- Wexxar Packaging
- Cama Group
- Homag
- Sharp Engineering
- PPMA Group
Highlights of The Carton Closing Machine Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Semi Automatic Carton Closing Machine
- Automatic Carton Closing Machine
- By Application:
- Personal Care and Cosmetic
- Food and Beverages
- Electrical and Electronics
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Carton Closing Machine Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
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- Product & Brand Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A carton closing machine is a type of packaging machinery that seals and closes the top and bottom of a carton.
Some of the key players operating in the carton closing machine market are 3M, Humboldt Verpackungtechnik GmbH, Marq Packaging Systems, Wayne Automation Corporation, Combi Packaging, Wexxar Packaging, Cama Group, Homag, Sharp Engineering, PPMA Group.
The carton closing machine market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Carton Closing Machine Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Carton Closing Machine Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Carton Closing Machine Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Carton Closing Machine Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Carton Closing Machine Market Size & Forecast, 2020-2028
4.5.1 Carton Closing Machine Market Size and Y-o-Y Growth
4.5.2 Carton Closing Machine Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Semi Automatic Carton Closing Machine
5.2.2 Automatic Carton Closing Machine
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Personal Care and Cosmetic
6.2.2 Food and Beverages
6.2.3 Electrical and Electronics
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Carton Closing Machine Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Carton Closing Machine Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Semi Automatic Carton Closing Machine
9.6.2 Automatic Carton Closing Machine
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Personal Care and Cosmetic
9.10.2 Food and Beverages
9.10.3 Electrical and Electronics
9.10.4 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Semi Automatic Carton Closing Machine
10.6.2 Automatic Carton Closing Machine
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Personal Care and Cosmetic
10.10.2 Food and Beverages
10.10.3 Electrical and Electronics
10.10.4 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Semi Automatic Carton Closing Machine
11.6.2 Automatic Carton Closing Machine
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Personal Care and Cosmetic
11.10.2 Food and Beverages
11.10.3 Electrical and Electronics
11.10.4 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Semi Automatic Carton Closing Machine
12.6.2 Automatic Carton Closing Machine
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Personal Care and Cosmetic
12.10.2 Food and Beverages
12.10.3 Electrical and Electronics
12.10.4 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Semi Automatic Carton Closing Machine
13.6.2 Automatic Carton Closing Machine
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Personal Care and Cosmetic
13.10.2 Food and Beverages
13.10.3 Electrical and Electronics
13.10.4 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Carton Closing Machine Market: Competitive Dashboard
14.2 Global Carton Closing Machine Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 3M
14.3.2 Humboldt Verpackungtechnik GmbH
14.3.3 Marq Packaging Systems
14.3.4 Wayne Automation Corporation
14.3.5 Combi Packaging
14.3.6 Wexxar Packaging
14.3.7 Cama Group
14.3.8 Homag
14.3.9 Sharp Engineering
14.3.10 PPMA Group
