Corrugated Equipment Market is expected to grow from USD 228.5 million in 2020 to USD 310.32 million by 2028, at a CAGR of 3.9% during the forecast period 2021-2028 owing to the growing sustainable packaging industry.
A corrugator or corrugation equipment is best characterised as a group of machinery that is meant to bring together three, five or seven sheets of paper in a continuous process to produce a single, double or triple wall board. Corrugated boxes are an important part of daily life. For nearly all items, it provides an easy-to-use and renewable supply of packaging. A corrugated cardboard is one of those items that individuals come across daily. Containers made of corrugated paper board are widely utilised in the packaging of both industrial and consumer goods. With appropriate packaging and the expansion of companies whose major products include cosmetics, soaps, car components, crockery, glassware, medicines, and cookies, the need for corrugated boxes is on the rise. Because corrugated boxes cannot be delivered over great distances at a reasonable cost, box plants are typically located near industrial facilities. To establish a corrugated box manufacturing machine, extremely high-quality corrugation equipmentis needed and preferred.
The paperboard industry's corrugated equipment is undergoing significant technical advances. This is due to increased research and development spending as well as the introduction of automation and robots into the industry. The integration of IoT and automation into HQ flexo machines ensures consistent process uniformity, little waste, and simple production. Corrugated equipment market expansion will be fuelled by increased demand for corrugated packaging and the growing trend of Fit-To-Product packaging. Paper and paper products are flexible industrial raw materials that may be used for a wide range of purposes. Due to a scarcity of softwood, wooden packing containers are increasingly being substituted by corrugated board boxes and cartons. As a result, the market for corrugated equipment market is projected to develop faster. The COVID-19 outbreak has had a significant impact on the corrugated equipment market's growth. The expansion of the sector is hampered by disruptions in the supply of raw materials. Due to a sudden drop in demand and an increase in inventory, goods prices dropped dramatically in 2020. Industry demand is likely to be driven by the opportunities created by the attempts by industrial sector to revive the economy and endeavours by corrugated equipment makers to introduce collaborative strategies and new releases.
This study delivers a comprehensive analysis of function type, end-user, and region. The equipment segment includes HQ FlexoandNon-HQ Flexo. In the year 2020 HQ Flexo held the largest market share owing to itshigh-speed mechanism. The end-user segment includes textile goods, electronic & consumer goods, food & beverages, home & personal goods. The food & beverages segment dominated the market for corrugated equipment in 2020. However, electronics & consumer goods segment will constitute a major part of the global consumption in 2028.
The market has been divided into North America, Europe, Asia-Pacific, Middle East & Africa, and South America. Because of the expansion of the e-commerce industry, which is one of the key reasons driving market growth, North America is held a considerable proportion of the global corrugated equipment market in the year 2020. Due to the rising usage of corrugated box manufacturing machines in different industrial applications, the corrugated equipment market in Asia Pacific is projected to have a leading position. The expansion of the retail business has been fuelled by rising disposable income and increasing Internet penetration, which is anticipated to boost demand for corrugated box producing equipment. In 2028, Europe will have the second-largest revenue. The area will experience significant development as a result of growing demand for ready-to-eat packaged food goods, particularly in the United Kingdom, Germany, Italy, and France. The region's corrugated equipment market will be fuelled by the introduction of new cutting-edge corrugating machines. In the next years, market growth will be supplemented by the rapid expansion of the e-commerce industry and a shifting trend of consumers embracing ecologically sustainable packaging.
Barry-Wehmiller, Bobst Group, OMET, Mark Andy, Wolverine Flexographic, Edale UK, MPS Systems, Rotatek, Heidelberger Druckmaschinen, Star Flex International, Simon Corrugated Machinery, Sun Automation, Walco, Oppliger SRL, BHS Corrugated, Lamina System, Mitsubishi Heavy Industries Machinery Systems, are the key players in corrugated equipment market
Corrugated Equipment Market, Analysis and Forecast, Equipment
Corrugated Equipment Market, Analysis and Forecast, End-user
Corrugated Equipment Market, Analysis and Forecast, Region
Report Description:
1. Introduction
1.1. Objectives of the Study
1.2. Market Definition
1.3. Research Scope
1.4. Currency
1.5. Key Target Audience
2. Research Methodology and Assumptions
3. Executive Summary
4. Premium Insights
4.1. Porter’s Five Forces Analysis
4.2. Value Chain Analysis
4.3. Top Investment Pockets
4.3.1. Market Attractiveness Analysis By Equipment
4.3.2. Market Attractiveness Analysis By End-user
4.3.3. Market Attractiveness Analysis By Region
4.4. Industry Trends
5. Market Dynamics
5.1. Market Evaluation
5.2. Drivers
5.2.1. Increased research and development spending
5.2.2. Introduction of automation and robots into the industry
5.2.3. Rising as substitute for wooden packaging
5.3. Restraints
5.3.1. Covid-19 outbreak & restrictions
5.3.2. Disruptions in the supply of raw materials
5.3.3. Drop in demand and an increase in inventory
5.4. Opportunities
5.4.1. Attempts to revive the economy
6. Global Corrugated Equipment Market Analysis and Forecast, By Equipment
6.1. Segment Overview
6.2. HQ Flexo
6.3. Non-HQ Flexo
7. Global Corrugated Equipment Market Analysis and Forecast, By End-user
7.1. Segment Overview
7.2. Textile Goods
7.3. Electronic & Consumer Goods
7.4. Food & Beverages
7.5. Home & Personal Goods
8. Global Corrugated Equipment Market Analysis and Forecast, By Regional Analysis
8.1. Segment Overview
8.2. North America
8.2.1. U.S.
8.2.2. Canada
8.2.3. Mexico
8.3. Europe
8.3.1. Germany
8.3.2. France
8.3.3. U.K.
8.3.4. Italy
8.3.5. Spain
8.4. Asia-Pacific
8.4.1. Japan
8.4.2. China
8.4.3. India
8.5. South America
8.5.1. Brazil
8.6. Middle East and Africa
8.6.1. UAE
8.6.2. South Africa
9. Global Corrugated Equipment Market-Competitive Landscape
9.1. Overview
9.2. Market Share of Key Players in Global Corrugated Equipment Market
9.2.1. Global Company Market Share
9.2.2. North America Company Market Share
9.2.3. Europe Company Market Share
9.2.4. APAC Company Market Share
9.3. Competitive Situations and Trends
9.3.1. Product Launches and Developments
9.3.2. Partnerships, Collaborations, and Agreements
9.3.3. Mergers & Acquisitions
9.3.4. Expansions
10. Company Profiles
10.1. Barry-Wehmiller
10.1.1. Business Overview
10.1.2. Company Snapshot
10.1.3. Company Market Share Analysis
10.1.4. Company Product Portfolio
10.1.5. Recent Developments
10.1.6. SWOT Analysis
10.2. Archer Bobst Group
10.2.1. Business Overview
10.2.2. Company Snapshot
10.2.3. Company Market Share Analysis
10.2.4. Company Product Portfolio
10.2.5. Recent Developments
10.2.6. SWOT Analysis
10.3. OMET
10.3.1. Business Overview
10.3.2. Company Snapshot
10.3.3. Company Market Share Analysis
10.3.4. Company Product Portfolio
10.3.5. Recent Developments
10.3.6. SWOT Analysis
10.4. Mark Andy
10.4.1. Business Overview
10.4.2. Company Snapshot
10.4.3. Company Market Share Analysis
10.4.4. Company Product Portfolio
10.4.5. Recent Developments
10.4.6. SWOT Analysis
10.5. Wolverine Flexographic
10.5.1. Business Overview
10.5.2. Company Snapshot
10.5.3. Company Market Share Analysis
10.5.4. Company Product Portfolio
10.5.5. Recent Developments
10.5.6. SWOT Analysis
10.6. Edale UK
10.6.1. Business Overview
10.6.2. Company Snapshot
10.6.3. Company Market Share Analysis
10.6.4. Company Product Portfolio
10.6.5. Recent Developments
10.6.6. SWOT Analysis
10.7. MPS Systems
10.7.1. Business Overview
10.7.2. Company Snapshot
10.7.3. Company Market Share Analysis
10.7.4. Company Product Portfolio
10.7.5. Recent Developments
10.7.6. SWOT Analysis
10.8. Rotatek
10.8.1. Business Overview
10.8.2. Company Snapshot
10.8.3. Company Market Share Analysis
10.8.4. Company Product Portfolio
10.8.5. Recent Developments
10.8.6. SWOT Analysis,
10.9. Heidelberger Druckmaschinen
10.9.1. Business Overview
10.9.2. Company Snapshot
10.9.3. Company Market Share Analysis
10.9.4. Company Product Portfolio
10.9.5. Recent Developments
10.9.6. SWOT Analysis
10.10. Flex International
10.10.1. Business Overview
10.10.2. Company Snapshot
10.10.3. Company Market Share Analysis
10.10.4. Company Product Portfolio
10.10.5. Recent Developments
10.10.6. SWOT Analysis,
10.11. Simon Corrugated Machinery
10.11.1. Business Overview
10.11.2. Company Snapshot
10.11.3. Company Market Share Analysis
10.11.4. Company Product Portfolio
10.11.5. Recent Developments
10.11.6. SWOT Analysis,
10.12. Sun Automation
10.12.1. Business Overview
10.12.2. Company Snapshot
10.12.3. Company Market Share Analysis
10.12.4. Company Product Portfolio
10.12.5. Recent Developments
10.12.6. SWOT Analysis
10.13. Walco
10.13.1. Business Overview
10.13.2. Company Snapshot
10.13.3. Company Market Share Analysis
10.13.4. Company Product Portfolio
10.13.5. Recent Developments
10.13.6. SWOT Analysis
10.14. Oppliger SRL
10.14.1. Business Overview
10.14.2. Company Snapshot
10.14.3. Company Market Share Analysis
10.14.4. Company Product Portfolio
10.14.5. Recent Developments
10.14.6. SWOT Analysis
10.15. BHS Corrugated
10.15.1. Business Overview
10.15.2. Company Snapshot
10.15.3. Company Market Share Analysis
10.15.4. Company Product Portfolio
10.15.5. Recent Developments
10.15.6. SWOT Analysis
10.16. Lamina System
10.16.1. Business Overview
10.16.2. Company Snapshot
10.16.3. Company Market Share Analysis
10.16.4. Company Product Portfolio
10.16.5. Recent Developments
10.16.6. SWOT Analysis
10.17. Mitsubishi Heavy Industries Machinery Systems
10.17.1. Business Overview
10.17.2. Company Snapshot
10.17.3. Company Market Share Analysis
10.17.4. Company Product Portfolio
10.17.5. Recent Developments
10.17.6. SWOT Analysis
List of Table
1. Global Corrugated Equipment Market, By Equipment, 2018-2028 (USD Million)
2. Global HQ Flexo, Corrugated Equipment Market, By Region, 2018-2028 (USD Million)
3. Global Non-HQ Flexo, Corrugated Equipment Market, By Region, 2018-2028 (USD Million)
4. Global Corrugated Equipment Market, By End-user, 2018-2028 (USD Million)
5. Global Textile Goods, Corrugated Equipment Market, By Region, 2018-2028 (USD Million)
6. Global Electronic & Consumer Goods, Corrugated Equipment Market, By Region, 2018-2028 (USD Million)
7. Global Food & Beverages, Corrugated Equipment Market, By Region, 2018-2028 (USD Million)
8. Global Home & Personal Goods, Corrugated Equipment Market, By Region, 2018-2028 (USD Million)
9. North America Corrugated Equipment Market, By Equipment, 2018-2028 (USD Million)
10. North America Corrugated Equipment Market, By End-user, 2018-2028 (USD Million)
11. U.S. Corrugated Equipment Market, By Equipment, 2018-2028 (USD Million)
12. U.S. Corrugated Equipment Market, By End-user, 2018-2028 (USD Million)
13. Canada Corrugated Equipment Market, By Equipment, 2018-2028 (USD Million)
14. CanadaCorrugated Equipment Market, By End-user, 2018-2028 (USD Million)
15. Mexico Corrugated Equipment Market, By Equipment, 2018-2028 (USD Million)
16. Mexico Corrugated Equipment Market, By End-user, 2018-2028 (USD Million)
17. Europe Corrugated Equipment Market, By Equipment, 2018-2028 (USD Million)
18. Europe Corrugated Equipment Market, By End-user, 2018-2028 (USD Million)
19. Germany Corrugated Equipment Market, By Equipment, 2018-2028 (USD Million)
20. Germany Corrugated Equipment Market, By End-user, 2018-2028 (USD Million)
21. France Corrugated Equipment Market, By Equipment, 2018-2028 (USD Million)
22. France Corrugated Equipment Market, By End-user, 2018-2028 (USD Million)
23. U.K. Corrugated Equipment Market, By Equipment, 2018-2028 (USD Million)
24. U.K. Corrugated Equipment Market, By End-user, 2018-2028 (USD Million)
25. Italy Corrugated Equipment Market, By Equipment, 2018-2028 (USD Million)
26. Italy Corrugated Equipment Market, By End-user, 2018-2028 (USD Million)
27. Spain Corrugated Equipment Market, By Equipment, 2018-2028 (USD Million)
28. Spain Corrugated Equipment Market, By End-user, 2018-2028 (USD Million)
29. Asia Pacific Corrugated Equipment Market, By Equipment, 2018-2028 (USD Million)
30. Asia Pacific Corrugated Equipment Market, By End-user, 2018-2028 (USD Million)
31. Japan Corrugated Equipment Market, By Equipment, 2018-2028 (USD Million)
32. Japan Corrugated Equipment Market, By End-user, 2018-2028 (USD Million)
33. China Corrugated Equipment Market, By Equipment, 2018-2028 (USD Million)
34. China Corrugated Equipment Market, By End-user, 2018-2028 (USD Million)
35. India Corrugated Equipment Market, By Equipment, 2018-2028 (USD Million)
36. India Corrugated Equipment Market, By End-user, 2018-2028 (USD Million)
37. South America Corrugated Equipment Market, By Equipment, 2018-2028 (USD Million)
38. South America Corrugated Equipment Market, By End-user, 2018-2028 (USD Million)
39. Brazil Corrugated Equipment Market, By Equipment, 2018-2028 (USD Million)
40. Brazil Corrugated Equipment Market, By End-user, 2018-2028 (USD Million)
41. Middle East and Africa Corrugated Equipment Market, By Equipment, 2018-2028 (USD Million)
42. Middle East and Africa Corrugated Equipment Market, By End-user, 2018-2028 (USD Million)
43. UAE Corrugated Equipment Market, By Equipment, 2018-2028 (USD Million)
44. UAE Corrugated Equipment Market, By End-user, 2018-2028 (USD Million)
45. South Africa Corrugated Equipment Market, By Equipment, 2018-2028 (USD Million)
46. South Africa Corrugated Equipment Market, By End-user, 2018-2028 (USD Million)
List of Figures
1. Global Corrugated Equipment Market Segmentation
2. Global Corrugated Equipment Market: Research Methodology
3. Market Size Estimation Methodology: Bottom-Up Approach
4. Market Size Estimation Methodology: Top-Down Approach
5. Data Triangulation
6. Porter’s Five Forces Analysis
7. Value Chain Analysis
8. Global Corrugated Equipment Market Attractiveness Analysis By Equipment
9. Global Corrugated Equipment Market Attractiveness Analysis By End-user
10. Global Corrugated Equipment Market Attractiveness Analysis By Region
11. Global Corrugated Equipment Market: Dynamics
12. Global Corrugated Equipment Market Share By Equipment (2021 & 2028)
13. Global Corrugated Equipment Market Share By End-user (2021 & 2028)
14. Global Corrugated Equipment Market Share by Regions (2021 & 2028)
Global Corrugated Equipment Market Share by Company (2020)
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