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The global cartoning machine market size is projected to reach USD 3.02 billion by 2027 owing to introduction of integrated cartoning solutions by key players, finds Fortune Business Insights™ in its report, titled “Cartoning Machines Market Size, Share & COVID-19 Impact Analysis, By Type (Vertical/Top-Load Cartoning Machine, Horizontal/End-Load Cartoning Machine), By End-Use Industry (Food & Beverage, Healthcare & Pharmaceuticals, Consumer Goods, Others) and Regional Forecast, 2020-2027”. The report states that the global market value in 2019 stood at USD 2.26 billion in 2019 and is expected to register a CAGR of 3.8% from 2020 to 2027.
The cartoning machines market growth is likely to get moderately impacted by the COVID-19 pandemic as lockdown measures have forced manufacturers to function with reduced worker capacity. However, companies are dealing with this by deploying technologies such as augmented reality to ensure productivity levels remain high. On the other hand, surging demand for medicines and packaged foods has stabilized the demand for cartoner machines and equipment.
Marchesini Showcases Its Innovative Cartoning Solution at CIPM
At the China International Pharmaceutical Machinery Exhibition (CIPM) held in October 2019, the Marchesini Group displayed the Integra 520, its path-breaking solution for packing blisters into cartons. The Integra product line is the fastest robotized blister solutions engineered by Marchesini, delivering up to 520 blisters and 500 cartons per minute. Building on the Integra 320, the 520 is a blend of two machines, a cartoner and a thermoformer, and has additional features such as a leaflet pick-and-place system and drum-style carton opener. Exhibiting the Integra range is important for Marchesini as the company aims to establish its presence in China’s thriving pharmaceutical industry.
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https://www.fortunebusinessinsights.com/cartoning-machines-market-102424
Integration of Industry 4.0 with Packaging Technologies to Open New Growth Avenues
One of the most promising trends benefiting the cartoner machine market growth is the incorporation of Industry 4.0 capabilities in packaging solutions. The concept of Industry 4.0 is based on the automation of manufacturing processes, which will ultimately boost efficiency, enhance productivity, and drive down costs for the producer as well as the consumer. The packaging industry is expanding rapidly and has to cater to the constant changes in consumer preferences and automation offers an effective solution to meet this challenge. For instance, China-based Bright Dairy collaborated with Tetra Pak to set up a yoghurt manufacturing plant in Tianjin. The packaging operations at the facility are integrated on the MES Suite built by the Swiss company PlantMaster, which is an all-in-one digital platform. Another example is the R-CAM robotic magazine launched by SIG Combibloc in 2015, which can fill up to 24,000 cartons per hour.
Key Players to Target Packaging Requirements in Diverse Industries
Cartoning machines offer a highly efficient solution to meet the various packaging requirements in various industries. To cater to these growing needs, key players in this market are continuously developing and frequently introducing novel cartoning equipment and solutions, which have wide applicability across industries. For this, companies are pumping in substantial amount of funds into R&D and entering into strategic collaborations to strengthen their position in the market.
Industry Development:
List of Companies Profiled in the Cartoning Machines Market Report:
Further Report Findings:
Table of Segmentation:
ATTRIBUTE | DETAILS |
Study Period | 2016-2027 |
Base Year | 2019 |
Forecast Period | 2020-2027 |
Historical Period | 2016-2018 |
Unit | Value (USD Billion) |
Segmentation | By Type
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By End-Use Industry
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By Region
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