Corrugated Box Making Machine Market Projected to Reach $3.71 Billion by 2030

The Corrugated Box Making Machine Market valued at approximately $3.04 billion in 2023, is anticipated to grow at a Compound Annual Growth Rate (CAGR) of 2.90%, reaching nearly $3.71 billion by 2030. This growth is driven by the increasing demand for sustainable packaging solutions, the expansion of the e-commerce sector, and advancements in packaging technologies.

Competitive Landscape

The corrugated packaging industry has witnessed significant consolidation, with major players merging to enhance their market positions and expand global reach. In July 2024, WestRock Company merged with Smurfit Kappa, forming Smurfit Westrock, one of the world's largest paper and packaging companies.This merger underscores the industry's trend toward consolidation to meet the growing demand for corrugated packaging solutions.

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Regional Insights

United States: Growth and Consolidation

The U.S. corrugated box making machine market has experienced notable consolidation and expansion. In 2024, International Paper Co. acquired DS Smith for $7.16 billion, aiming to create a leading global entity in sustainable packaging solutions, particularly focusing on the North American and EMEA regions.This acquisition reflects the strategic moves by U.S. companies to strengthen their positions in the global market.

Asia Pacific: Opportunities and Strategic Investments

The Asia Pacific region presents substantial growth opportunities in the corrugated box making machine market, driven by rapid industrialization and the expansion of the e-commerce sector. Companies are investing in advanced manufacturing technologies to meet the region's growing demand for efficient packaging solutions.

Middle East and Africa: Emerging Trends and Initiatives

The Middle East and Africa are witnessing emerging trends in the corrugated box making machine market, with a focus on enhancing packaging infrastructure to support industrial growth. While specific mergers and acquisitions in this region are less prominent, there is a growing emphasis on partnerships and investments to cater to regional demands.

Europe: Modernization and Strategic Partnerships

Europe's corrugated box making machine market is undergoing modernization, with companies focusing on strategic partnerships and expansions. In October 2024, the UK-based Mondi agreed to purchase the packaging assets of Schumacher Packaging in Germany, Benelux, and the UK for €634 million, aiming to expand its presence in Western Europe amid increasing industry consolidation.This acquisition highlights the strategic initiatives by European companies to enhance their market positions.

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Market Segmentation: In-Depth Analysis:

by Type

Multi-cassette positive pressure single facer
Paper sheet delivery and slide conveyor
Shaftless mill roll stand
Preheater
Automatic bride tensin correction machine
Others

Paper sheet delivery and slide conveyor, rotary die cutter, multi-cassette positive pressure single facer, flexo folder gluer, shaftless mill roll stand, preheater, automatic bride tensin correction machine, and others are the market segments. By 2030, the flexo folder gluer sector is anticipated to have the biggest market share. The in-line flexo folder gluers known as FFGs (flexo folder gluers) offer a comprehensive box-making option. A range of materials, including plastic, corrugated boards, and metalized films, can be folded and adhered into a box or envelope using a folder gluer machine. The flat corrugated sheet is folded with adhesive along pre-creased lines to hold it together.

by Technology

Automatic
Semi-Automatic
Others

by Box

Single Phase
Single Wall
Double Wall
Triple Wall

by Application

Food and beverage
Electronics
Home and personal care
Textiles
Paper
Others

Food and beverage, electronics, home and personal care, textiles, paper, and other categories make up the market's segments. By 2030, the biggest market share is anticipated to be held by the food and beverage sector. A wide range of food and drink items are frequently packaged in corrugated boxes. In the food and beverage business, machine-made boxes are utilized as shipping containers for delivering a variety of commodities because of their high strength, durability, light weight, recyclability, and affordability. Moreover, corrugated boxes are often used for delivery by food-tech businesses like FoodPanda, Zomato, TinyOwl, and Swiggy.

by Distribution Channel

Online
Offline

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Learn about the top players driving innovation in the Market :

1. EMBA Machinery
2. Acme Machinery
3. Box on Demand
4. Ding Shung Machinery
5. Natraj Industries
6. Valco Melton
7. T-ROC Equipment
8. Packsize International
9. MarquipWardUnited
10. SUN Automation Group
11. Fosber Spa
12. ISOWA Corporation
13. Serpa Packaging Solutions
14. Others

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