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NEW YORK , Jan. 9, 2023 /PRNewswire/ -- The corrugated box making machine market size is forecast to increase by USD 719.28 million from 2022 to 2027, at a CAGR of 5.23%, according to the recent market study by Technavio. The growth of the market will be driven by the exponential growth in the e-commerce industry, the rise in automation, and the need to reduce outsourcing costs. Paper Corrugated Box Making Machinery

Technavio categorizes the global corrugated box making machine market as a part of the global industrial machinery market, which covers companies engaged in manufacturing industrial machinery and components covering presses, machine tools, compressors, pollution control equipment, elevators, escalators, insulators, pumps, roller bearings, and other metal fabrications.

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Technavio has extensively analyzed 15 major vendors, including Acme Machinery Co., Bobst Group SA, EMBA Machinery AB, Fosber Spa, Guangdong Hongming Intelligent Joint Stock Co. Ltd., Hebei Shengli Carton Equipment Manufacturing Co. Ltd., ISOWA Corp., KOLBUS GmbH and Co. KG, Mitsubishi Heavy Industries Ltd., Natraj Corrugating Machinery Co., Panotec Srl, Serpa Packaging Solutions LLC, Shanghai PrintYoung International Industry Co. Ltd., Shinko Machine Mfg. Co. Ltd., SUN Automation Group, Sunrise Pacific Co. Ltd., Valco Cincinnati Inc., Wenzhou Zhongke Packaging Machinery Co. Ltd., and Zemat Technology Group Ltd.

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The market is segmented by end-user (food and beverages, electronic goods, home, and personal care goods, textile goods, and others), technology (automatic, semi-automatic, and manual), and geography (APAC, North America , Europe , Middle East and Africa , and South America ).

Segmentation by end-user (Inclusion/Exclusion)

The food and beverages segment shows a gradual increase in the market share of USD 1,554.08 million in 2017 and continued to grow until 2021. The growth of the segment can be attributed to factors such as increasing food consumption worldwide and the expanding global population.

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What are the key data covered in this corrugated box making machine market report?

Corrugated Box Making Machine Market Scope

Accelerate at a CAGR of 5.23%

APAC, North America, Europe, Middle East and Africa, and South America

US, China, Japan, Germany, and UK

Leading Vendors, Market Positioning of Vendors, Competitive Strategies, and Industry Risks

Acme Machinery Co., Bobst Group SA, EMBA Machinery AB, Fosber Spa, Guangdong Hongming Intelligent Joint Stock Co. Ltd., Hebei Shengli Carton Equipment Manufacturing Co. Ltd., ISOWA Corp., KOLBUS GmbH and Co. KG, Mitsubishi Heavy Industries Ltd., Natraj Corrugating Machinery Co., Panotec Srl, Serpa Packaging Solutions LLC, Shanghai PrintYoung International Industry Co. Ltd., Shinko Machine Mfg. Co. Ltd., SUN Automation Group, Sunrise Pacific Co. Ltd., Valco Cincinnati Inc., Wenzhou Zhongke Packaging Machinery Co. Ltd., and Zemat Technology Group Ltd.

Parent market analysis, market growth inducers and obstacles, fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, and market condition analysis for the forecast period.

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

About Us Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contact Technavio Research Jesse Maida Media & Marketing Executive US: +1 844 364 1100 UK: +44 203 893 3200 Email: [email protected] Website: www.technavio.com/

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