Corrugated Equipment Market to Notice Prominent CAGR Growth of 6.2% by 2029, Size, Share, Trends, Demand, Industry Growth and Competitive Outlook

PRESS RELEASE
Published June 22, 2023

Corrugated Equipment Market research report delivers widespread analysis of the market structure along with the estimations of the various segments and sub-segments of the market. This industry report also contains detailed profiles of market’s major manufacturers and importers who are dominating the market. Furthermore, the statistical and numerical data such as facts and figures are represented very precisely in the market report by using charts, tables, or graphs. The transformation in market landscape is mainly observed due to the moves of key players or brands which include developments, product launches, joint ventures, mergers, and acquisitions that in turn change the view of the global face of the industry.

The corrugated equipment market is expected to witness market growth at a rate of 6.2% in the forecast period of 2022 to 2029 and is expected to reach USD 48.1 million by 2029. Data Bridge Market Research report on corrugated equipment market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecast period while providing their impacts on the market’s growth. The rise in the sustainable packaging industry is escalating the growth of corrugated equipment market.

Business intelligence is an essential aspect when it comes to accomplish thorough and wide-ranging market insights and the same is applied for building Corrugated Equipment Market research report. Commitment, quality, dedication, and transparency in the market research report are all followed throughout to give the best service to the clients. Not to mention, this report delivers an in-depth study with respect to present and upcoming opportunities which shed light on the future investment in the market. So, to achieve competitive advantage and to thrive in the market, go for the comprehensive Corrugated Equipment Market report.

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Some of the major players operating in the corrugated equipment market are BOBST, BARRY-WEHMILLER COMPANIES, Heidelberger Druckmaschinen AG, OMET, Mark Andy Inc., Wolverine Flexographic LLC, Edale., MPS Systems B.V., Rotatek., Star Flex International., BHS Corrugated Maschinen- und Anlagenbau GmbH, Simon Corrugated Machinery Ltd., SUN Automation Group., WALCO Enterprises., Oppliger S.r.l., Langley Holdings plc, Automatan, EMBA, and MITSUBISHI HEAVY INDUSTRIES MACHINERY SYSTEMS, LTD., among others.

A corrugator, which is also referred to as corrugation equipment, is a piece of machinery that combines three, five, or seven sheets of paper in an incessant process to create a single, double, or triple wall board. Corrugated boxes are a general sight in daily life. It offers an easy-to-use and renewable source of packaging for almost all goods. Corrugated cardboard is an item that is utilized often and also on a regular basis. Corrugated paperboard containers are also frequently applied in both industrial and consumer products packaging.

Major factors that are expected to boost the growth of the corrugated equipment market in the forecast period are the improved packaging and the advancement of businesses that sell cosmetics, soaps, car parts, crockery, glassware, pharmaceuticals, and biscuits and the growing penetration of paper and paperboard products. Furthermore, the rise in the demand for green packaging is further anticipated to propel the growth of the corrugated equipment market.

Global Corrugated Equipment Market Scope and Market Size

The corrugated equipment market is segmented on the basis of equipment and industry. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target markets.

  • On the basis of equipment, the corrugated equipment market is segmented into non-HQ flexo, HQ flexo, sheet-to-sheet litho-laminators, web-to-web litho-laminators, web-to-sheet litho-laminators. Non-HQ Flexo is further sub segmented into flat-bed die cutter, rotary die cutter and folding gluing. HQ Flexo is further sub segmented into flat-bed die cutter, rotary die cutter and folding gluing. Web-to-web litho-laminators is further sub segmented into online and offline. Web-to- sheet litho-laminators is further sub segmented into online and offline.
  • On the basis of industry, the corrugated equipment market is segmented into food and beverages, electrical and electronics, home and personal care, textile, paper and pulp, pharmaceuticals.

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Corrugated Equipment Market Regional Analysis/Insights

The Corrugated Equipment market is analyzed and market size insights and trends are provided by country, material type, end user and application as referenced above.

The countries covered in the Corrugated Equipment market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.

North America dominates the market in terms of market share and market revenue and will continue to flourish its dominance during the forecast period of 2022-2029. The market growth over this region is attributed to the high demand for fiber cement Corrugated Equipment within the region. Asia-Pacific on the other hand, is estimated to show lucrative growth over the forecast period of 2022-2029, due to the prominent presence of fiber cement Corrugated Equipment market players within the region. Moreover, the high requirement for the residential and commercial building construction also boosts the regional demand.

The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter’s five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.

The report answers questions such as:

  1. What is the market size and forecast of the Corrugated Equipment Market?
  2. What are the inhibiting factors and impact of COVID-19 shaping the Corrugated Equipment Market during the forecast period?
  3. Which are the products/segments/applications/areas to invest in over the forecast period in the Corrugated Equipment Market?
  4. What is the competitive strategic window for opportunities in the Corrugated Equipment Market?
  5. What are the technology trends and regulatory frameworks in the Corrugated Equipment Market?
  6. What is the market share of the leading vendors in the Corrugated Equipment Market?
  7. What modes and strategic moves are considered suitable for entering the Corrugated Equipment Market?

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