Home > Industrial Machinery > Industrial Equipment > Tools > Automatic Carton Erector Market

Automatic Carton Erector Market Share

Report ID: GMI7863
Published Date: Jan 2024
Report Format: PDF

Download Free Sample

Automatic Carton Erector Market Share

Global Company Market Share Analysis (%), (2023)

In 2023, dominant market players, including Lantech, Combi Packaging Systems LLC, Wexxar/BEL Packaging, and Wayne Automation Corporation collectively hold a substantial 29% market share. The automatic carton erector industry is moderately fragmented in nature. The mentioned industry leaders are actively engaged in strategic initiatives such as mergers & acquisitions, facility expansions, and partnerships to broaden their product portfolios, reach a wider customer base, and strengthen their market presence. These companies continuously invest in research and development to improve their designs and incorporate new technologies, allowing them to stay ahead of the competition.

Automatic Carton Erector Market Companies

Major players operating in the automatic carton erector industry include:

Combi Packaging System LLC
Lantech
Wexxar/BEL Packaging
Wayne Automation Corporation

Authors: Avinash Singh, Sunita Singh

Frequently Asked Questions (FAQ) :

The market size of automatic carton erector was worth USD 1.3 billion in 2023 and is anticipated to witness over 4.5% CAGR from 2024 to 2032, owing to their higher adoption to automate the process of setting up cardboard cartons or boxes for packaging purposes.

The automatic carton erector industry size from the semi-automatic automation type segment is expected to witness 4.7% CAGR from 2024 to 2032, driven by their higher usage of handle a wider range of carton sizes and types compared to some fully automatic machines.

Automatic carton erector industry from the food and beverage application segment reached a valuation of USD 474 million in 2023, driven by increasing disposable income, changing food preferences, and the rise of e-commerce.

North America dominated 37.2% share of the automatic carton erector industry in 2023, primarily due to the strong manufacturing base, high automation adoption rates, and growing demand for packaged goods in the region.