Home > Packaging > Packaging Equipment > Vertical Cartoning Machines Market

Vertical Cartoning Machines Market Share

Report ID: GMI12582
Published Date: Dec 2024
Report Format: PDF

Download Free Sample

Vertical Cartoning Machines Market Share

Vertical Cartoning Machines Market Company Share Analysis (2023)

In 2023, key companies like IMA Group, Marchesini Group, Massman, SaintyCo and Serpa Packaging Solution 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.

Vertical Cartoning Machines Market Companies

Major players operating in the vertical cartoning machines industry are:

ACG
ADCO Packaging Solutions
Econocorp
EndFlex
IMA Group
Marchesini Group
Massman
Mespack
Mpac Group
SaintyCo
Serpa Packaging Solution
ShineBen Machinery
Syntegon Technology
Tishma Technologies
Yeaman Packaging Systems

Authors: Avinash Singh, Sunita Singh

Frequently Asked Questions (FAQ) :

The global market size for vertical cartoning machines was valued at USD 1.9 billion in 2023 and is expected to reach USD 2.9 billion by 2032, driven by a CAGR of over 4.7% from 2024 to 2032.

Fully automatic vertical cartoning machines accounted for approximately USD 1.2 billion in revenue in 2023 and are projected to grow at a CAGR of around 4.9% from 2024 to 2032, driven by their advanced technology and high performance.

The U.S. market was valued at USD 430 million in 2023 and is estimated to grow at a CAGR of over 4.7% from 2024 to 2032, driven by increasing automation in packaging and the rise of e-commerce.

Major players in the industry include ACG, ADCO Packaging Solutions, Econocorp, EndFlex, IMA Group, Marchesini Group, Massman, Mespack, Mpac Group, SaintyCo, Serpa Packaging Solution, ShineBen Machinery, Syntegon Technology, Tishma Technologies, and Yeaman Packaging Systems.