Impact of Key Factors on the Growth of Global Wrap-Around Cartoning Machines Market During 2017 - 2028

Introduction and Need of the Product:

Cartons are the most widely used packaging solution for most of the consumer goods, food, and beverages products. Cartoning machines are used to automate the carton forming and packaging process. They are used to minimize the manpower and increase the productivity of the manufacturing facility. However, these machines are costly and thus require a huge amount of investments. Packaging formats such as tubs, bowls, ready-to-eat meal trays, cans, bottles, jars, and other rigid containers could be easily handled on the wrap-around cartoning machines. Wrap-around cartoning machines are controlled by PLC logic fed with the help of software. These machines are available in a variety of output capacity according to the consumer requirements.

The machine could significantly improve production flow and cost-effectiveness of a production unit which results in shorter lead time and higher productivity. During the cartoning process, folded carton sheets are picked up by the suction cups on an oscillating arm. After the carton filling, hot glue or adhesive tape is applied to seal the carton. Wrap-around cartoning machine is equipped with the clamping handles sliding on hand-wheels or graduated scales with digital indicators which ensure quick and easy adjustments and significantly reduces the parts change-over time. Prominent food & beverages companies widely prefer wrap-around cartoning machines to ensure consistent packaging and improve aesthetics of their products while increasing the production efficiency.

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Market Dynamics:

In terms of growth, wrap-around cartoning machines market is expected to be the most attractive market segment in the global cartoning machines market as wrap-around cartons are aesthetically appealing and offer better sealing options than any other carton types. The market is expected to grow at an average annual growth rate of more than 5%-6% during the forecast period. Manufacturers of the wrap-around cartoning machines are extensively engaged in the research and development activities to differentiate their products from other manufacturers. High demand is primarily driven by the increasing automation in the manufacturing industry to decrease manpower and increase the efficiency of the production process.

It is analyzed that the food & beverages processors are investing high amount of money on the automation of their existing facilities to avoid as much as human contact from its products. Also, carton packaging does not pose any harmful effect on the environment and could be recycled easily. It is very cost-effective and widely used for the secondary packaging of the goods in various industries. Growth in this market will be further fuelled by the increase in the number of food & beverages companies in the developing regions. Also, wrap around cartoning machines are commonly used for the packaging of chocolates. Thus, increase in demand for chocolates will ultimately fuel the demand for wrap-around cartoning machines.

In 2014, Kliklok International introduced new high-speed wrap-around cartoning machine, ELITE, to enhance the repeatability and functionality to help manufacturers adapt fast-paced changing market environment. The machine could wrap up to 300 cartons per minute.

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Regional Overview:

On the basis of region, the Wrap-Around Cartoning Machines market is segmented into seven regions which include North America, Latin America, Eastern Europe, Western Europe, Asia-Pacific, Middle East & Africa, and Japan. Wrap-around cartoning machines are very popular in the European and North America region due to the presence of a large number of food & beverages companies opting for automation of their existing facilities. Demand for wrap-around cartoning machines is expected to grow substantially in the developed regions. However, the demand will grow but at slower rate in the developing countries such as India, China, etc. as most of the small manufacturers are still using manual techniques for secondary packaging. MEA and Japan also offer untapped growth opportunities in the global wrap-around cartoning machines market.

Some of the key players in the Wrap-Around Cartoning Machines market are Loesch Verpackungstechnik GmbH, Ear-Flap Group, EconoCorp Inc., GRANDI srl, Imanpack Packaging & Eco Solutions SpA Company, R.A Jones Group Ltd, PMI Cartoning, Inc., Duetti Packaging S.R.L., Lead Packaging Ltd., Schur Technology a/s, United Symbol Srl, ELOPAK Group, IMA Group, Robert Bosch GmbH (Kliklok International Ltd), Omori Machinery Co. Ltd.

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies. 

Report Highlights : Detailed overview of parent market,Changing market dynamics in the industry,In-depth market segmentation,Historical, current and projected market size in terms of volume and value,Recent industry trends and developments,Competitive landscape,Strategies of key players and products offered,Potential and niche segments, geographical regions exhibiting promising growth,A neutral perspective on market performance,Must-have information for market players to sustain and enhance their market footprint.

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