The Top Loading Cartoning Machines market is assessed at US$ 873 Mn in 2022 and is projected to arrive at US$ 1,042 Mn by 2026, at a CAGR of 4.5% from 2022 to 2026.
According to the worldwide market examination, top loading cartoning machines with limit going from 71 to 150 containers each moment are the most sold ones across all regions of the planet. The deals of top loading cartoning machines with a limit of 71 to 150 CPM is supposed to ascend at 5.5% CAGR somewhere in the range of 2022 and 2026.
A cartoner is a type of packaging machine that creates cartons to store the products inside the cartons. This can be done manually or automatically and then folding or sealing the carton with glue for further transportation process.
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The shift in consumer's behaviour towards brand awareness and health-conscious food consumption is likely to drive the demand of top load cartoning machines market. The rising level of disposable income of people and high demand for cartons in transporting goods are some of the factors driving the top load cartoning machines market. Other significant factors such as the rise in the awareness and increasing concern for safety packaging will accelerate the market growth rate.
Furthermore, upsurge in the strong demand for various end-use industries will positively impact the market's growth rate. Additionally, increase in the utilization of refrigerated cartons will cushion the growth rate of market. Also, development in packaging technologies and rising demand for fully automatic cartoning machines will further increase the demand of top load cartoning machines market.
Global Top Load Cartoning Machines Market Scope and Market Size
The top load cartoning machines market is segmented on the basis of product type, capacity and end user. The growth amongst these segments will help you analyse meagre growth segments in the industries, and provide the users with valuable market overview and market insights to help them in making strategic decisions for identification of core market applications.
- On the basis of product type, the top load cartoning machines market is segmented into horizontal and vertical.
- On the basis of capacity, the top load cartoning machines market is segmented into less than 70 CPM, 70 to 150 CPM, 150 to 400 CPM, and above 400 CPM.
- On the basis of end user, the top load cartoning machines market is segmented into food, beverage, personal care, healthcare, homecare, and others.
Top Load Cartoning Machines Market Country Level Analysis
The top load cartoning machines market is analysed and market size insights and trends are provided by country, product type, capacity and end user as referenced above.
The countries covered in the top load cartoning machines 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
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Major players across top loading cartoning machines market are focusing upon expanding their international footprint by acquiring domestic players in foreign countries:-
In October 2020, Mpac Group Plc acquired US based packaging firm named Switchback Group Inc., which is engaged in production of packaging machinery and automation solutions.
In May 2021, R.A Jones launched modernization options such as self-cleaning modules and air assist valves for its top loading cartoning machines.
Global Top Loading Cartoning Machines Market by Category
- Automatic Top Loading Cartoning Machine
- Semi-automatic Top Loading Cartoning Machine
- Less than 70 CPM
- 71 to 150 CPM
- 151 to 400 CPM
- Above 400 CPM
By End Use Industry:
- Personal Care
- North America
- Latin America
- Asia Pacific (APAC)
- Middle East and Africa (MEA)
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