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Rising Demand for Cost-Effective Packaging Drives Growth in Folding Gluing Machines Market to USD 984.7 Million by 2033

Folding Gluing Machines Market

Folding Gluing Machines Market

The global folding gluing machines market is projected to grow significantly over the coming decade, with market size expected to rise from USD 634.1 million in 2022 to USD 984.7 million by 2033. This robust growth reflects a steady compound annual growth rate (CAGR) of 4.5% during the forecast period, highlighting the rising demand for efficient and cost-effective packaging solutions.

Folding gluing machines play a critical role in the paper and packaging industries, facilitating the production of boxes, cartons, envelopes, and other packaging materials. These machines are designed for long-term, continuous operation to meet high production volumes, folding materials along pre-creased lines and applying adhesive to secure the final product.

The growing need for packaging across key sectors-such as food and beverage, healthcare, and consumer products-has been a major driver of this market expansion. As industries worldwide continue to scale up their packaging requirements, folding gluing machines offer a solution that enhances both efficiency and cost-effectiveness.

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The market offers various types of folding gluing machines, ranging from manual to fully automated models. Fully automatic machines, equipped with advanced features like touchscreens, automatic setting adjustments, and remote monitoring capabilities, are gaining popularity for their ability to optimize production processes.

Key Takeaways: Folding Gluing Machines Market

• Sales of folding gluing machines increased at a CAGR of 4.2% between 2018 and 2022.
• Europe is expected to hold 24.2% of the global folding gluing machine market share.
• The United States is the most profitable market, accounting for 17.2% of the market share in 2022.
• India is experiencing significant growth with a CAGR of 6.5%, driven by investments and government support.
• The segment is set to dominate with 63.6% market share due to its efficiency, accuracy, and cost-effectiveness.
• The semi-automatic segment is projected to capture 37.3% of the market share in 2023.
• Rising demand for packaged food is pushing the segment to achieve a market share of 57.9%.

Manufacturers are leveraging opportunities through aggressive techniques.

The folding gluing machine market is very competitive, with many competitors operating globally.

The corporations are constantly investing in R&D to improve their product offerings and deliver novel solutions to clients. They also prioritize growing their regional reach through strategic alliances and acquisitions. Furthermore, market players are pursuing a variety of methods to increase their market position, including new product releases, mergers, acquisitions, and partnerships.

Key Players

3M Company; Ashland Global Specialty Chemicals Inc.; Bostik SA (Arkema S.A); Coim Group; DIC Corporation; Dow Inc.; DuPont de Nemours Inc.; Evonik Industries AG; Flint Group; H.B. Fuller Company; Henkel AG & Co. KGaA; L.D. Davis Industries Inc.; Sika AG; and Vimasco Corporation.

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Key Segments Covered in the Folding Gluing Machines Market Report

Folding Gluing Machines Market by Machine Type:

• Automatic Folding Gluing Machines
• Semi-Automatic Folding Gluing Machines

Folding Gluing Machines Market by Fold Type:

• Straight Line Boxes
• Pocket Fold Boxes
• Crash Lock Boxes
• Multi Corner Boxes

Folding Gluing Machines Market by End User:

• Food
• Beverages
• Personal Care & Cosmetics
• Electrical & Electronics
• Automotive
• Healthcare & Pharmaceuticals
• Other Consumer Goods

By Region:

• North America
• Latin America
• Western Europe
• Eastern Europe
• Asia Pacific Excluding Japan (APEJ)
• Japan
• Middle East & Africa (MEA)

Have a Look at Another Post on the Packaging Domain:

Paper Bag Market - https://www.fmiblog.com/2024/08/22/paper-bag-market-is-predicted-to-reach-usd-8-7-billion-globally-by-2034-at-4-3-cagr-future-market-insights-inc/

Printing Machinery Market - https://www.fmiblog.com/2024/10/08/printing-machinery-market-to-reach-usd-38572-8-million-globally-by-2033-at-4-7-cagr-future-market-insights-inc/

Disposable Plates Market - https://www.fmiblog.com/2024/10/08/global-disposable-plates-market-is-expected-to-generate-usd-9-35-billion-by-2033-future-market-insights-inc/

Pharmaceutical Vials Market - https://www.fmiblog.com/2024/10/08/pharmaceutical-vials-market-is-supposed-to-rise-at-a-cagr-of-7-10-by-2033-future-market-insights-inc/

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Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

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