Corrugated Equipment Market 2021 Segments, Business Opportunity, Growth And Forecast By 2027

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Corrugated Equipment Market Size 2021 Industrial
Trends, Future Developments, Regional Outlook and
Forecast 2027
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Global Market Scenario of Corrugated Equipment
Industry

• As per Global Market Insights, Inc. estimates,
  the global corrugated equipment market size is
  anticipated to surpass 282.3 million by 2027.
• Escalating investments in the packaging industry,
  alongside the rapid technological advancements,
  will give the global corrugated equipment market
  share a considerable boost over the estimated
  timeline. Likewise, increasing levels of
  industrial automation and the robust adoption of
  paperboard in e-Commerce and packaging industries
  will expand the scope of the corrugated box
  equipment demand in years ahead.
• The industry has been witnessing high prominence
  of Fit-To-Product packaging, propelling the
  consumption of automatic semi-automatic
  printing press. Key players are placing high
  emphasis on innovative technologies such as
  corrugated IIOT technology to bring artificial
  intelligence and machine learning to the
  manufacturing facilities and ensure greater
  efficiency, throughput, economies of scale, and
  product optimization. Other advantages of using
  corrugation machines include high buffer
  performance, low costs, small size, and less
  material consumption.

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Continue-

• What are the leading trends across corrugated
  equipment market worldwide?
• In terms of segmentation by equipment, the non-HQ
  Flexo segment accounted for nearly 33.2 of the
  global corrugated equipment market share in 2020,
  owing to its increased acceptance in industries
  like home personal care textiles and electrical
  electronics. As compared to HQ-Flexo, the
  machine is economical and can print over 4
  colors, with several usage advantages such as
  noiseless performance, high-speed running, and
  low electric consumption.
• The non-HQ Flexo segment is further bifurcated
  into flat bed die cutter and rotary die cutter
  (RDC) sub-segments. Of these, the RDC segment is
  poised to depict a 3.5 CAGR through 2027, driven
  by its energy-saving, high quality, and safety
  characteristics. This type of equipment runs at
  high speed, making it suitable for food
  beverages and other high-volume industries.
• On the other hand, the Web-to-Sheet
  litho-laminators segment is expected to register
  remuneration of around 26.7 million by 2027, as
  a result of the accelerating adoption of
  decorative packaging products.

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360 Industry Analysis

• How will food beverages demand impact regional
  corrugated equipment market trends?
• On the regional front, the Latin America
  corrugated equipment market is set to depict a
  3.5 CAGR through 2027, which can be credited to
  the escalating demand for ultra-processed food
  beverages in countries like Brazil and Mexico,
  along with the high investments in
  pharmaceuticals, electrical electronics, and
  other key industries. Economic growth and rising
  population will also contribute to the growth of
  the regional industry share.
• The Asia Pacific corrugated equipment industry is
  projected to hold a 46.9 share by 2027, owing to
  the rising population, income levels, and
  shifting consumption patterns of the working
  population. The regional industry forecast will
  further be fostered by the robust demand for
  textiles and electronics, thereby resulting in
  high acceptance of corrugated systems.
•  

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• Competitive Analysis
• Quantum Corrugated, Champion Corrugated, Lamina
  System, Sun Automation, Simon Corrugated
  Machinery, BHS Corrugated, MPS Systems, Wolverine
  Flexographic, and Bobst Group are some of the key
  players operating in the Corrugated Equipment
  Market.

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