The global Corrugated Box Making Machines market was valued at 4151.73 Million USD in 2021 and will grow with a CAGR of 2.03% from 2021 to 2027, based on HNY Research newly published report.

The prime objective of this report is to provide the insights on the post COVID-19 impact wwhich will help market players in this field evaluate their business approaches. Also, this report covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).

Boxes are used for packaging consumer and industrial goods. Packaging is best suited for shipping and transporting various products that are fragile in nature. These boxes are very durable and have high safety standards compared with the other modes of packaging such as cardboard packaging. Boxes handle pressure and can be stacked for easy and economical transportation. These boxes are safe to use as they do not have any sharp edges.Box packaging are widely used in gift boxes, moon cake boxes, mobile phone box, shoes box, watches, jewelry box, cosmetic box, tea box, wine box, medicine box, etc. A corrugated box making machine is a machine can make box which will provide company with better selection of carton sizes. If they need to make a very small box for tiniest product as well as an extra-large box for a larger item, this machine can handle it. The demand for corrugated boxes in the food and beverage and electronic goods industries is expected to increase during the forecast period because these two industries are the top users of corrugated boxes. Since their invention, corrugated boxes have been mainly used to pack and transport food and beverage products. China and India dominated the corrugated box making machine market in APAC. The demand for corrugated boxes is also expected to increase from other Southeast Asian countries as these consumable products have not reached the maturity stage. With increasing urbanization and growth of the middle-class population, the demand for various products across different industries is expected to grow during the forecast period. The corrugated box making machine market in EMEA saw a decline in demand for corrugated boxes in the wake of low crude oil prices, which led to the overall economic slowdown in the Middle East region. The slowdown in the oil and gas industry augmented the slowdown in demand for consumer and industrial products, which in turn, hit the packaging industry in this region. Like EMEA, the Americas witnessed a slow growth in the demand for various products and services owing to the economic slowdown. The packaging industry in the US and Canada showed stagnant growth during the corresponding period.

By Market Verdors:

BOBST

Packsize

MHI

Dongfang Precision Science & Technology

EMBA Machinery

Shanghai Dinglong Machinery

BCS Corrugated

Shinko Machine Mfg

ISOWA Corporation

Box on Demand (Panotec)

Sunrise Pacific Co

T-ROC

Shanghai ChaoChang Packing

Zemat

Guangdong Hongming

Zhongke Packaging

Ming Wei

By Types:

Below 100 BPM

100-300 BPM

Above 300 BPM

By Applications:

Food and Beverage

Electronics

Cosmetic and Personal Care

Clothing and Fabric

Key Indicators Analysed

Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2016-2027 & Sales with a thorough analysis of the market’s competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.

Global and Regional Market Analysis: The report includes Global & Regional market status and outlook 2016-2027. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis by types and applications.

Market Trends: Market key trends which include Increased Competition and Continuous Innovations.

Opportunities and Drivers: Identifying the Growing Demands and New Technology

Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.

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