The report offers detailed coverage of Corrugated Box Making Machines industry and main market trends. The market research includes historical and forecast market data, demand, application details, price trends, and company shares of the leading Corrugated Box Making Machines by geography. The report splits the market size, by volume and value, on the basis of application type and geography.
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.
The leading companies own the advantages on better performance, more abundant product\'s types, better technical and impeccable after-sales service. Consequently, they take the majority of the market share of high-end market. Looking to the future years, the slow downward price trend in recent years will maintain. As competition intensifies, prices gap between different brands will go narrowing. Similarly, there will be fluctuation in gross margin.
The report forecast global Corrugated Box Making Machines market to grow to reach xxx Million USD in 2020 with a CAGR of xx% during the period 2021-2027.
First, this report covers the present status and the future prospects of the global Corrugated Box Making Machines market for 2015-2027.
And in this report, we analyze global market from 5 geographies: Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia], Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland], North America[United States, Canada, Mexico], Middle East & Africa[GCC, North Africa, South Africa], South America[Brazil, Argentina, Columbia, Chile, Peru].
Key Companies
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
At the same time, we classify Corrugated Box Making Machines according to the type, application by geography. More importantly, the report includes major countries market based on the type and application.
Market Segment as follows:
Market by Order Type
Below 100 BPM
100-300 BPM
Above 300 BPM
Market by Application
Food and Beverage
Electronics
Cosmetic and Personal Care
Clothing and Fabric
Others
By Region
Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia]
Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland]
North America[United States, Canada, Mexico]
Middle East & Africa[GCC, North Africa, South Africa]
South America[Brazil, Argentina, Columbia, Chile, Peru]
The research provides answers to the following key questions:
• What is the estimated growth rate and market share and size of the Corrugated Box Making Machines market for the forecast period 2021 - 2027?
• What are the driving forces in the Corrugated Box Making Machines market for the forecast period 2021 - 2027?
• Who are the prominent market players and how have they gained a competitive edge over other competitors?
• What are the market trends influencing the progress of the Corrugated Box Making Machines industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the market hold for the prominent market players?