Cartoning Machines Market Growth and Regional Outlook
The global cartoning machines market was valued at US$ 8.30 billion in 2024 and is expected to reach approximately US$ 13.58 billion by 2034, growing at a compound annual growth rate (CAGR) of 5.05% from 2024 to 2034.
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The market proliferates due to rising globalisation, the e-commerce sector, international trade, and many other sectors where the packaging of products is required. There is an increasing demand for sustainable packaging among consumers, drawing industries towards carton packaging, which results in the growth of cartooning machine market development.
Key Takeaways
- Asia Pacific led the cartoning machine market with the highest share in 2023.
- By region, Europe is expected to witness the highest CAGR during the forecast period.
- By machine type, the vertical segment held a dominant market share in 2023.
- By packaging material, the paperboard segment held a dominant market share in 2023.
- By end-user, the food & beverages segment is anticipated to grow with the highest CAGR during the forecast period.
Market Overview
The cartoning machine market is developing significantly worldwide due to the rising demand for sustainable packaging in all sectors. The strict guidelines of governmental bodies associated with the transportation of goods result in the rising cartoning packaging which as a result contributes to the growth of this market. Growing import-export businesses in upcoming times demand eco-friendly packaging of products with safety which plays a vital role in the development of the market. To pack products with maximum safety there is a demand for good machines in the packaging industry due to which this market is showing significant growth globally. Continuous innovative ideas generated by market players incline packaging companies towards automation in packaging where there is low labour cost required with the help of machines.
- In November 2023, ELITER Packaging Machinery, announced the launch of GRAN SONATA. It is a new and upgraded automatic end-load cartoner machine.
Top Companies in the Cartoning Machine Market
- Warade PackTech Private Limited
Warade PackTech specializes in innovative packaging solutions, offering reliable cartoning machines that cater to various industries. - Creative Packaging System
Known for their creativity and precision, Creative Packaging System designs and manufactures high-quality cartoning machines that meet diverse packaging needs. - Harikrushna Machines Private Limited
Harikrushna Machines is a trusted name in the packaging sector, delivering durable and efficient cartoning machines for both small and large-scale operations. - Aarvee PHARMA Machinery
Aarvee PHARMA Machinery focuses on providing specialized cartoning machines designed for pharmaceutical and healthcare packaging, ensuring top-notch quality and compliance. - Durva Machinery
Durva Machinery is known for its advanced technology and custom cartoning solutions that enhance productivity in packaging operations across various industries. - Jet Pack Machines Private Limited
Jet Pack Machines combines innovation with precision engineering to offer cartoning machines that streamline packaging processes with high efficiency. - Marchesini Group
Marchesini Group is a global leader in the packaging machinery sector, providing state-of-the-art cartoning solutions for the pharmaceutical, cosmetics, and food industries. - PAC Machinery Group
PAC Machinery Group is dedicated to delivering high-performance cartoning machines, offering both standard and custom solutions for a wide range of packaging needs. - Pactech Machinery LLP
Pactech Machinery offers cutting-edge cartoning machines that prioritize efficiency, reliability, and scalability for various packaging applications. - SATV Industries
SATV Industries provides robust and innovative cartoning machines, ensuring optimal performance and reliability for diverse industrial sectors. - Unisource Packaging Private Limited
Unisource Packaging is recognized for its high-quality, flexible cartoning solutions designed to meet the dynamic needs of the packaging industry. - Barvaya Packaging Industries
Barvaya Packaging Industries delivers advanced cartoning machines that combine technological innovation with practical design to optimize packaging operations. - Orpac Systems Private Limited
Orpac Systems provides efficient cartoning machines designed to cater to various industry requirements, ensuring consistent performance and cost-effective solutions. - Sonus Pharma Machines
Specializing in the pharmaceutical sector, Sonus Pharma Machines offers reliable cartoning machines that adhere to strict industry standards for packaging efficiency. - Parth Engineers & Consultant
Parth Engineers & Consultant is known for its high-quality cartoning machinery solutions that enhance production efficiency, offering both standard and customized systems.
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