The global sales of corrugated box printer slotter machine are estimated to be worth USD 1.2 billion in 2021 and are anticipated to reach a value of USD 1.8 billion by 2031. Sales are projected to rise at a CAGR of 4.5% over the forecast period between 2021 and 2031. The revenue generated by corrugated box printer slotter machine in 2020 was USD 1.1 billion.
Increasing demand for value-added and quality packaging solutions from the retail and logistics industry is driving the market for corrugated box printer slotter machines. Growth in e-commerce, along with the requirement for branded and attractive-looking packaging, has further increased the need for proper printing and slotting machines.
Technological advancements within machines to achieve higher automation and integrate them with digital printing systems contribute to better efficiency and flexibility in production. The increasing pressure of cost reduction in production and enhancement of durability in packaging favours the usage of more advanced slotter machines.
Thus, the focus on sustainable and eco-friendly packaging propels innovations in machine capabilities. Demand arising from increased global trade and pressured supply chains further strengthens growth in this market.
Global Corrugated Box Printer Slotter Machine Industry Assessment
| Attributes | Key Insights |
|---|---|
| Historical Size, 2020 | USD 1.1 billion |
| Estimated Size, 2021 | USD 1.2 billion |
| Projected Size, 2031 | USD 1.8 billion |
| Value-based CAGR (2021 to 2031) | 4.5% |
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Modern-day consumers and manufacturers are demanding high-speed production, whether it may be of products or packaging solutions. The most trending demands of the market for fast-paced production offered in a single production line is now made possible with the usage of corrugated box printer and slotter machine.
Advanced machinery solutions and high-tech technology make it possible for corrugated box manufacturers to slot, glue and print the corrugated boxes in a single machine, which helps them to achieve large scale outputs with minimum human interference and reducing the possible defect in the corrugated boxes made out of it.
Overall, the corrugated box printer slotter machine is expected to register a healthy growth rate over the forecasted period due to its sharp rise in demand in all parts of the world.
The ever-growing demand for corrugated boxes all the world for several end-use applications such as food & beverages, pharmaceutical, e-commerce, household and many others. Demand for high-speed automated machinery solutions by large as well as medium-size manufacturers of corrugated boxes in developed as well as developing regions of the world.
Along with that sharp rise in demand for printed and customized corrugated boxes designed according to prevailing consumer trends, all these factors are increasing the sales of corrugated box printer and slotter machines and eventually results in the positive growth of the global corrugated box printer and slotter machine market.
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The cost incurred in purchasing and setting up of corrugated box printer slotter machine unit is quite expensive as compared to other machinery solutions, also the automated machines require high maintenance costs and up keeping expenses. The power consumption of these latest machines is quite high as compared to different machines used for corrugated box making combined.
Also, these machines are only suited for large scale production makes it unaffordable for small scale manufacturers, despite the few hindrances the above mentioned are expected to limit the growth of the global corrugated box printer slotter machine market.
The choice of customized cutting and printing of corrugated boxes offered by corrugated box printer slotter machines enables market players to serve the end-use industries as per the latest trends and requirements.
The introduction of rotary die-cutting can allow them to produce corrugated boxes of irregular sizes and complex design with ease, also the increased production directly grows the profitability margin of key market players.
Along with that rising demand for these automated corrugated box printer slotter machines in developing countries of the world, provides several lucrative growth opportunities for the global corrugated box printer slotter machine market.
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The fast-paced development of industrial infrastructure in the country along with the entry of newer market players in the production of the machinery industry, and high demand for corrugated boxes of different sizes and types.
Easy availability of raw materials used in manufacturing machinery solutions, along with that availability of skilled labour at a cheaper rate allows manufacturers in India and China to produce corrugated box printer slotter machines at the lowest prices. All these growth factors indicate healthy growth of the corrugated box printer slotter machine market in both above-mentioned countries.
The presence of global manufacturing giants holding a major market share of the corrugated box printer slotter machine market in the country, and demand for fully automated machinery solutions with customizations restricts the entry of small and medium-sized market players in the industry.
Successively growing demand for corrugated boxes by food & beverages is met by giant industry players, according to the latest industry standards. Moreover, the corrugated box machine market in the USA is mature but eventually expected to grow over the upcoming decade.
1. Executive Summary 2. Industry Introduction, including Taxonomy and Market Definition 3. Market Trends and Success Factors, including Macro-economic Factors, Market Dynamics, and Recent Industry Developments 4. Global Market Demand Analysis and Forecast, including Historical Analysis and Future Projections 5. Pricing Analysis 6. Global Market Analysis and Forecast 6.1. Machine Type 6.2. End Use 7. Global Market Analysis and Forecast, By Machine Type 7.1. Automatic 7.2. Semi-Automatic 7.3. Manual 8. Global Market Analysis and Forecast, By End Use 8.1. Food & Beverages 8.2. Electronics 8.3. Healthcare 8.4. Other End Use 9. Global Market Analysis and Forecast, By Region 9.1. North America 9.2. Latin America 9.3. Europe 9.4. South Asia 9.5. East Asia 9.6. Oceania 9.7. The Middle East and Africa 10. North America Sales Analysis and Forecast, by Key Segments and Countries 11. Latin America Sales Analysis and Forecast, by Key Segments and Countries 12. Europe Sales Analysis and Forecast, by Key Segments and Countries 13. South Asia Sales Analysis and Forecast, by Key Segments and Countries 14. East Asia Sales Analysis and Forecast, by Key Segments and Countries 15. Oceania Sales Analysis and Forecast, by Key Segments and Countries 16. The Middle East and Africa Sales Analysis and Forecast, by Key Segments and Countries 17. Sales Forecast by Machine Type and End Use for 30 Countries 18. Competition Outlook, including Market Structure Analysis, Company Share Analysis by Key Players, and Competition Dashboard 19. Company Profile 19.1. BW Papersystems 19.2. SMC Packaging Group 19.3. Miller Weldmaster 19.4. Göpfert Maschinen GmbH 19.5. Koenig & Bauer AG 19.6. KOLBUS AutoBox Ltd 19.7. Fox Corrugated Machinery 19.8. TG Nuttall Packaging Limited
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Corrugated Box Printer Slotter Machine Market
