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Vertical Cartoning Machines Market Size

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

Vertical Cartoning Machines Market Size

The global vertical cartoning machines market was valued at USD 1.9 billion in 2023 and is estimated to grow at a CAGR of over 4.7% from 2024 to 2032.

 

Vertical Cartoning Machines Market

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The vertical cartoning machines industry is growing due to increased demand for automated packaging, the rise of e-commerce, more consumer-packaged goods, expansion in the food & beverage industry, advancements in packaging materials, technological improvements in cartoning machines, and growth in the pharmaceutical and healthcare sectors. Vertical cartoning machines are efficient, reducing labor costs and boosting production speed. As industries automate packaging lines for better throughput and cost savings, these machines are becoming the preferred choice. Moreover, the e-commerce boom has created a need for flexible and efficient packaging solutions. Vertical cartoning machines offer fast and reliable packaging, especially for the smaller packages common in online retail.
 

Furthermore, the food and beverage industry's demand for consumer-packaged goods drives the need for reliable cartoning machines. These machines help packaging lines keep up with growing consumer demand. The availability of advanced, eco-friendly packaging materials, like biodegradable and recyclable cartons, is also driving market growth. Vertical cartoning machines are adapting to handle these new materials, aligning with sustainability trends.
 

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.

Vertical Cartoning Machines Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 15
  • Tables & Figures: 180
  • Countries covered: 18
  • Pages: 220
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