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The global horizontal cartoning machines market was valued at USD 2.9 billion in 2023 and is estimated to grow at a CAGR of over 5.2% from 2024 to 2032.
The horizontal cartoning machines market is growing steadily due to increased demand for packaging efficiency, packaged food and beverages, e-commerce, and the expanding pharmaceutical and healthcare sectors. Emerging economies are also contributing to this growth. Companies are adopting high-speed cartoning machines to meet the need for faster production cycles and reduced downtime. These machines automate the packaging process, cutting labor costs and boosting operational efficiency. As businesses aim to lower overheads and increase output, the automation provided by these machines reduces the need for manual labor.
Furthermore, consumer lifestyles are driving the demand for packaged food and beverages, requiring efficient packaging solutions. The rise in e-commerce has increased the need for secure, well-packaged products for shipping. Horizontal cartoning machines create durable packaging that protects products during transit and supports branding efforts. Industrial growth and urbanization in regions like Asia-Pacific, Latin America, and Africa are increasing the demand for packaged goods. As these economies grow, the need for efficient packaging machinery, including horizontal cartoning machines, is rising.
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.
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.
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.
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.