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Corrugated Box Making Machine Market Share

Report ID: GMI9936
Published Date: Jun 2024
Report Format: PDF

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Corrugated Box Making Machine Market Share

Corrugated box making machine industry seem to be consolidated in nature due to presence of local and global players across the globe. In 2023, the market players such as ACME Machinery Co. Pvt. Ltd., Bobst Group SA, EMBA Machinery AB, Fosber Spa, ISOWA Corporation, KOLBUS Gmbh , Mitsubishi Heavy Industries, Packsize International collectively held around 20%-30% market share. These prominent players are proactively involved in strategic endeavors, such as mergers & acquisitions, facility expansions & collaborations, to expand their product portfolios, extend their reach to a broader customer base, and strengthen their market position.

Corrugated Box Making Machine Market Companies

Major players operating in the corrugated box making machine industry are:

ACME Machinery Co. Pvt. Ltd.
Bobst Group SA
EMBA Machinery AB
Fosber Spa
ISOWA Corporation
KOLBUS Gmbh
Mitsubishi Heavy Industries
Packsize International
Saro Packaging Machine Industries Ltd.
Serpa packaging Solutions
Sanghia Print Young Internatonal Industry
Hebei Shangli Carton Equipment
Shink Machine Mfg.
Wenzhou Zhongke Packaging Machinery
Zemat Technology Group

Authors: Avinash Singh, Sunita Singh

Frequently Asked Questions (FAQ) :

The market size of corrugated box making machine was crossed USD 2.6 billion in 2023 and is projected to expand at 4.4% CAGR from 2024 to 2032, on account of the rising production of consumer goods, including electronics, food and beverages, and personal care products.

The fully automatic type segment in the corrugated box making machine market was valued at USD 1.5 billion in 2023 as they can operate continuously with minimal downtime, making them ideal for large-scale manufacturing.

The multi layer boxes type segment in the corrugated box making machine industry accounted for 81% share in 2023 due to their higher load-bearing capacity, which is essential for products that need to be stacked during storage and transportation.

North America corrugated box making machine industry accounted for USD 500 million in 2023 and is estimated to depict notable CAGR from 2024 to 2032, led by the rapid expansion of e-commerce sector in the region.