End Load Cartoning Machine Market |Global Analysis of Key Manufacturers, Dynamics & Forecast 2023-2030
Market Overview:
In its research report, Market Research Future (MRFR),
highlights that The End Load Cartoning Machine Market will obtain a value
of USD 2.12 billion with a Driving CAGR of 3.65% in the forecast period by 2030
Drivers and Restraints
The global End
Load Cartoning Machine Market for end load cartoning machines is
driven primarily by the increasing demand for packaged food and beverages, the
growing need for safe packaging and the growing need for continuous
differentiation of brands. The growing need to manufacture cartons for the
packaging of various products has led to an increase in demand for cartoning
machines with end load. It is anticipated that the adoption of the end load
cartoning machine will remain high due to the increasing need for packaging of
sundry goods, cosmetic products, confectionery and food.
In addition, cosmetics industry manufacturers are
increasingly concentrating on creating cosmeceutical products that have
multiple therapeutic benefits that affect the skin’s biological function on the
basis of the different functional ingredients that they contain. As the need
for protective packaging for various industries continues to grow, it is
expected that the adoption of end load cartoning machines will remain high
globally. Manufacturers are increasingly focused on incorporating leading
technical developments such as servo powered technology to deliver enhanced packaging
solutions. The integration of advanced technology ensures security against
overload and control of the product. Additionally, packaging manufacturers
often add touchscreen technology to provide comfort when opening and closing
the packages.
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Segmental Analysis
The global market for end load cartoning machines is
segmented according to orientation, capacity, dimensions, end-use, and area.
The global market was divided in vertical and horizontal, based on orientation.
The world market was segmented into less than 200 CPM, 200 CPM to 400 CPM, and
more than 400 CPM, based on capacity. The global market was segmented into less
than 200 CC, 200 to 1000 CC, 1000 to 5,000 CC, 5,000 to 10,000 CC, and more
than 10,000 CC, based on size. The global market has been segmented into the
food industry, the beverage industry, the pharmaceutical industry, the home care
industry and others dependent on end-use.
Regional Analysis
The geographical overview of the Global
End Load Cartoning Machine Market has been analyzed in four major
regions, including North America, the Asia Pacific, Europe, and the rest of the
world.
During the forecast period Asia-Pacific is expected to show the highest growth
rate on the global end load cartoning machine market. This area with the large
population pool and increasing per capita income in developing countries are
the factors that make the area the largest user of food industry goods,
beverage industry, pharmaceutical industry, and home care industry.
Furthermore, the rising demand for packaged food and beverages and the
continuously increasing number of production facilities in this region are some
of the significant factors that are increasing the adoption of end load
cartoning machines in this region.
Due to the stringent food safety regulations in the US and
Canada, the increased consumption of alcohol, and the rapid growth of the
pharmaceutical industry, the end load cartoning machine market in North America
held the biggest market share. Europe is projected to retain considerable market
share during the forecast period due to an increase in disposable per capita
income and an increase in consumer demand for convenience and packaged food in
the country.
Competitive Analysis
- Omori
Machinery Co. Ltd (Japan)
- Molins
PLC (UK)
- Robert
Bosch Packaging Technology GmbH (Germany)
- ROVEMA
GmbH (Germany)
- EconoCorp
Inc. (US)
- Langley
Holdings PLC (UK)
- PMI
CartoningInc. (US)
- ADCO
Manufacturing (US)
- Tetra
Pak International S.A. (Switzerland)
- Marchesini
Group (Italy)
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