Corrugated Equipment Market Size, Shares, Trends, Future Demand and Revenue Analysis
The corrugated equipment market is expected to witness market growth at a rate of 6.2% in the forecast period of 2022 to 2029 and is expected to reach USD 48.1 million by 2029. Data Bridge Market Research report on corrugated equipment market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecast period while providing their impacts on the market’s growth. The rise in the sustainable packaging industry is escalating the growth of corrugated equipment market.
A corrugator, which is also referred to as corrugation equipment, is a piece of machinery that combines three, five, or seven sheets of paper in an incessant process to create a single, double, or triple wall board. Corrugated boxes are a general sight in daily life. It offers an easy-to-use and renewable source of packaging for almost all goods. Corrugated cardboard is an item that is utilized often and also on a regular basis. Corrugated paperboard containers are also frequently applied in both industrial and consumer products packaging.
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Scope of the Corrugated Equipment Market Report:
The corrugated equipment market is segmented on the basis of equipment and industry. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target markets.
- On the basis of equipment, the corrugated equipment market is segmented into non-HQ flexo, HQ flexo, sheet-to-sheet litho-laminators, web-to-web litho-laminators, web-to-sheet litho-laminators. Non-HQ Flexo is further sub segmented into flat-bed die cutter, rotary die cutter and folding gluing. HQ Flexo is further sub segmented into flat-bed die cutter, rotary die cutter and folding gluing. Web-to-web litho-laminators is further sub segmented into online and offline. Web-to- sheet litho-laminators is further sub segmented into online and offline.
- On the basis of industry, the corrugated equipment market is segmented into food and beverages, electrical and electronics, home and personal care, textile, paper and pulp, pharmaceuticals.
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Some of the major players operating in the corrugated equipment market are BOBST, BARRY-WEHMILLER COMPANIES, Heidelberger Druckmaschinen AG, OMET, Mark Andy Inc., Wolverine Flexographic LLC, Edale., MPS Systems B.V., Rotatek., Star Flex International., BHS Corrugated Maschinen- und Anlagenbau GmbH, Simon Corrugated Machinery Ltd., SUN Automation Group., WALCO Enterprises., Oppliger S.r.l., Langley Holdings plc, Automatan, EMBA, and MITSUBISHI HEAVY INDUSTRIES MACHINERY SYSTEMS, LTD., among others.
Corrugated Equipment Market Regional Analysis/Insights
The Corrugated Equipment market is analyzed and market size insights and trends are provided by country, material type, end user and application as referenced above.
The countries covered in the Corrugated Equipment market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America dominates the market in terms of market share and market revenue and will continue to flourish its dominance during the forecast period of 2022-2029. The market growth over this region is attributed to the high demand for fiber cement Corrugated Equipment within the region. Asia-Pacific on the other hand, is estimated to show lucrative growth over the forecast period of 2022-2029, due to the prominent presence of fiber cement Corrugated Equipment market players within the region. Moreover, the high requirement for the residential and commercial building construction also boosts the regional demand.
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