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Manufacturers within this industry are actively investing in R&D initiatives to enhance the capabilities, features, and overall efficiency of automatic carton erectors. Innovations in robotics, artificial intelligence, and automation technologies are being incorporated to develop next-generation automatic carton erectors that offer increased speed, precision, and adaptability to diverse packaging requirements. The emphasis on R&D underscores a dynamic market where continual improvement and the introduction of novel products are pivotal for sustained growth and market leadership.
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.