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.
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.
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