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Wrap-Around Cartoning Machines Market Trends

Report ID: GMI12575
Published Date: Dec 2024
Report Format: PDF

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Wrap-Around Cartoning Machines Market Trends

Innovations such as intelligent systems for quick product changeovers and integration with Industry 4.0 technologies are enhancing the versatility and user-friendliness of these machines. This adaptability supports diverse sectors, including cosmetics, food, and pharmaceuticals. As global trade expands, there is an increasing need for packaging that ensures product safety during transportation. Wrap-around cartoners offer durability and efficiency, meeting the stringent standards required for export and import activities. These machines contribute to cost savings by optimizing material usage and reducing wastage. They cater to industries aiming to enhance productivity while controlling expenses. The incorporation of AI, IoT, and robotics into cartoning systems is creating new business opportunities by improving operational efficiency and providing real-time monitoring capabilities.

Authors: Avinash Singh , Sunita Singh

Frequently Asked Questions (FAQ) :

The global market size for wrap-around cartoning machines was valued at USD 1.8 billion in 2023 and is expected to reach USD 3.6 billion by 2032, driven by a CAGR of over 7.5% from 2024 to 2032.

The vertical segment held a market value of USD 1.01 billion in 2023 and is projected to grow at a CAGR of 6.9% during the forecast period, driven by its ability to enhance product presentation and ensure precise handling.

The U.S. market was valued at USD 350 million in 2023 and is expected to grow at a CAGR of over 7.8% from 2024 to 2032, driven by the increasing adoption of automation to enhance productivity and reduce manual labor.

Major players in the industry include Atlanta Packaging Technology and Machinery, Cama Group, Coesia S.p.A., Douglas Machine, Econocorp, Jacob White Packaging, Jochamp, Mpac Group, Omori Machinery, OPTIMA packaging, Shibuya Corporation, and Syntegon Technology.