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Horizontal Cartoning Machines Market Share
In 2023, key companies like IMA Group, Marchesini Group, Mpac Group, SaintyCo and ShineBen Machinery held a combined market share of 15%-20%. These companies are actively engaging in mergers, acquisitions, facility expansions, and collaborations to enhance their product portfolios, reach more customers, and strengthen their market positions.
Manufacturers stand out by using advanced technologies like robotic arms, automation, and smart features to boost speed and precision. Some offer custom solutions, making their machines adaptable to various products and packaging designs. Companies that provide strong customer support, including installation, training, maintenance, and spare parts, often retain loyal customers and gain a competitive edge.
Horizontal Cartoning Machines Market Companies
Major players operating in the horizontal cartoning machines industry are:
- ADCO Packaging Solutions
- BW Integrated Systems
- Econocorp
- Eliter Packaging Machinery
- IMA Group
- Infinity Automated Solutions
- Jacob White Packaging
- Marchesini Group
- Mespack
- Mpac Group
- Nichrome
- Omori Machinery
- SaintyCo
- Serpa Packaging Solution
- ShineBen Machinery
What is the market share of the food and beverage segment in the horizontal cartoning machines industry?
The food and beverage segment held around 33% of the total market share in 2023 and is anticipated to grow at a CAGR of 5.6% from 2024 to 2032, driven by the sector's demand for packaging that ensures product freshness and safety.
How big is the global horizontal cartoning machines market?
The global market size for horizontal cartoning machines was valued at USD 2.9 billion in 2023 and is expected to reach USD 4.5 billion by 2032, driven by a CAGR of over 5.2% from 2024 to 2032.
How much is the North America horizontal cartoning machines market worth?
The North America market, led by the U.S., was valued at USD 700 million in 2023, driven by increased automation and expansion in the pharmaceutical, healthcare, and food and beverage industries.
Who are the major players in the horizontal cartoning machines industry?
Major players in the industry include ADCO Packaging Solutions, BW Integrated Systems, Econocorp, Eliter Packaging Machinery, IMA Group, Infinity Automated Solutions, Jacob White Packaging, Marchesini Group, Mespack, and Mpac Group.