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Vertical Cartoning Machines Market Trends

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

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Vertical Cartoning Machines Market Trends

The vertical cartoning machines industry is evolving with key trends in packaging technology. These advanced machines integrate Industry 4.0 technologies like AI, machine learning, and IoT, enabling real-time monitoring, predictive maintenance, and automated adjustments. These advancements enhance efficiency and reduce downtime. Demand for faster, high-throughput packaging systems is rising. Vertical cartoning machines are optimized for speed and efficiency, offering quicker changeovers and higher product volumes per minute. This is crucial for high-volume industries like food and beverages. Energy efficiency is also a growing focus. Companies are developing vertical cartoning machines with energy-efficient motors, optimized controls, and eco-friendly components to lower the carbon footprint of packaging operations.

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.