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Global Box Making Machines Market Growth 2019-2024
SKU ID : LPI-13842164 | Publishing Date : 07-Feb-2019 | No. of pages : 159
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.
In terms of volume, the Sales of Box Making Machines was about 16421 Units in 2016. And it is anticipated to reach 20820 Units by 2022. One trend in the market is smart packaging. Smart packaging is a recent trend that has started to gain popularity across various packaging products. All these years, recycling was popular among the packaging industry, especially in corrugated box packaging. In recycling, the whole box is dismantled and used for different purposes.
One driver in the market is the exponential growth in the e-commerce industry. The trend of e-commerce has been in existence since 2000 in the developed countries such as the US and the EU, but it has started gaining a huge momentum in the developing nations; the e-commerce industry has now penetrated in several unreached markets till now. The global e-commerce industry witnessed exponential growth in 2015 with most of this growth coming from B2B trading. With this trend, the e-commerce industry is anticipated to witness an exponential growth due to the growth in disposable incomes as well as the rise in internet penetration globally.
The key players are BCS Corrugated, Packsize, Fosber Group, Box on Demand (Panotec), EMBA Machinery, T-ROC, Zemat, Zhongke Packaging, MHI, Bxmkr, Miyakoshi Printing, Guangdong Hongming, Ming Wei, Lishunyuan, Standard Mechanical Works, Senior Paper Packaging and so on.
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 industry is expected to remain innovation-led, with frequent acquisitions and strategic alliances adopted as the key strategies by the players to increase their industry presence. Market stays in mature period with a clear concentration. Meanwhile, optimize product mix and further develop value-added capabilities to maximize margins. Manufacturers can take advantage of this situation by reinforcing their production units and supply-chains to avoid any delay in production turn-around-times (TAT) and supply-lead-times.
Significant and lasting barriers make entry into this market difficult. These barriers include, but are not limited to: (i) product development costs; (ii) capital requirements; (iii) intellectual property rights; (iv) regulatory requirement; and (v) Transitions’ unfair methods of competition.
Despite the presence of competition problems, due to the global recovery trend is clear, investors are still optimistic about this area, the future will still have more new investment enter the field. Even so, the market is intensely competitive. The study group recommends the new entrants just having money but without technical advantage and upstream and downstream support do not to enter into this field.
According to this study, over the next five years the Box Making Machines market will register a 2.2% CAGR in terms of revenue, the global market size will reach US$ 3190 million by 2024, from US$ 2800 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Box Making Machines business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of Box Making Machines market by product type, application, key manufacturers and key regions and countries.
This study considers the Box Making Machines value and volume generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Semi-automatic
Fully-automatic
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Food and Beverage
Electronics
Cosmetic and Personal Care
Clothing and Fabric
Others
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
BCS Corrugated
Packsize
Fosber Group
Box on Demand (Panotec)
EMBA Machinery
T-ROC
Zemat
Zhongke Packaging
MHI
Bxmkr
Miyakoshi Printing
Guangdong Hongming
Ming Wei
Lishunyuan
Standard Mechanical Works
Senior Paper Packaging
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global Box Making Machines consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Box Making Machines market by identifying its various subsegments.
Focuses on the key global Box Making Machines manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Box Making Machines with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Box Making Machines submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
In terms of volume, the Sales of Box Making Machines was about 16421 Units in 2016. And it is anticipated to reach 20820 Units by 2022. One trend in the market is smart packaging. Smart packaging is a recent trend that has started to gain popularity across various packaging products. All these years, recycling was popular among the packaging industry, especially in corrugated box packaging. In recycling, the whole box is dismantled and used for different purposes.
One driver in the market is the exponential growth in the e-commerce industry. The trend of e-commerce has been in existence since 2000 in the developed countries such as the US and the EU, but it has started gaining a huge momentum in the developing nations; the e-commerce industry has now penetrated in several unreached markets till now. The global e-commerce industry witnessed exponential growth in 2015 with most of this growth coming from B2B trading. With this trend, the e-commerce industry is anticipated to witness an exponential growth due to the growth in disposable incomes as well as the rise in internet penetration globally.
The key players are BCS Corrugated, Packsize, Fosber Group, Box on Demand (Panotec), EMBA Machinery, T-ROC, Zemat, Zhongke Packaging, MHI, Bxmkr, Miyakoshi Printing, Guangdong Hongming, Ming Wei, Lishunyuan, Standard Mechanical Works, Senior Paper Packaging and so on.
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 industry is expected to remain innovation-led, with frequent acquisitions and strategic alliances adopted as the key strategies by the players to increase their industry presence. Market stays in mature period with a clear concentration. Meanwhile, optimize product mix and further develop value-added capabilities to maximize margins. Manufacturers can take advantage of this situation by reinforcing their production units and supply-chains to avoid any delay in production turn-around-times (TAT) and supply-lead-times.
Significant and lasting barriers make entry into this market difficult. These barriers include, but are not limited to: (i) product development costs; (ii) capital requirements; (iii) intellectual property rights; (iv) regulatory requirement; and (v) Transitions’ unfair methods of competition.
Despite the presence of competition problems, due to the global recovery trend is clear, investors are still optimistic about this area, the future will still have more new investment enter the field. Even so, the market is intensely competitive. The study group recommends the new entrants just having money but without technical advantage and upstream and downstream support do not to enter into this field.
According to this study, over the next five years the Box Making Machines market will register a 2.2% CAGR in terms of revenue, the global market size will reach US$ 3190 million by 2024, from US$ 2800 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Box Making Machines business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of Box Making Machines market by product type, application, key manufacturers and key regions and countries.
This study considers the Box Making Machines value and volume generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Semi-automatic
Fully-automatic
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Food and Beverage
Electronics
Cosmetic and Personal Care
Clothing and Fabric
Others
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
BCS Corrugated
Packsize
Fosber Group
Box on Demand (Panotec)
EMBA Machinery
T-ROC
Zemat
Zhongke Packaging
MHI
Bxmkr
Miyakoshi Printing
Guangdong Hongming
Ming Wei
Lishunyuan
Standard Mechanical Works
Senior Paper Packaging
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global Box Making Machines consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Box Making Machines market by identifying its various subsegments.
Focuses on the key global Box Making Machines manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Box Making Machines with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Box Making Machines submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
- By product type
- By End User/Applications
- By Technology
- By Region
The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
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