Summary
Corrugators Market By Type (Automatic, Manual), By Production Capacity (Less than 10 ton, 11-50 ton, 51-100 ton, More than 100 ton), By End User (Food and Beverages, Electronics, Pharmaceuticals, Logistics and Shipping, Others): Global Opportunity Analysis and Industry Forecast, 2021-2031
The global corrugators market size was valued at $2,722.3 million in 2021, and is projected to reach $4,147.2 million by 2031, registering a CAGR of 4.2% from 2022 to 2031. Corrugators are machines that transform paper, typically kraft paper into a fluted or wave-like profile. The transformed paper is glued to other plane paper to make a corrugated paperboard.
Packaging is an indistinguishable part of any product. It keeps the product safe from external environment while enhancing its shelf presence in a retail store. Moreover, packaging made with corrugated boards are strong, cheaper to produce, and can handle heavy as well as delicate products from cross industries. The global population rise along with surge in globalization, and rise in disposable income of the masses are a few of the major factors responsible for increase in industrial output, and rise in global trade. Industries including food and beverages, healthcare, electronics, and others are also witnessing rise in demand. Since these industries are the end-users of corrugators paperboards, their rise is positively influencing the market. Moreover, companies across the world are migrating to sustainable packaging produced using corrugated paperboard, owing to the pollution caused by plastic packaging. In addition to this, growth in e-commerce is driving demand for corrugated boxes.
The corrugators market is segmented on the basis of type, production capacity, end-user, and region. By paper type, it is divided into automatic and manual. By production type, the corrugators market is categorized into less than 10 ton, 11-50 ton, 51-100 ton, and more than 100 ton. By end-user, it is classified into food & beverages, electronics, pharmaceuticals, logistics & shipping, and others. By region, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
Competition Analysis
Key companies profiled in the corrugators market report include ISOWA Corporation, Mitsubishi Heavy Industries, Ltd., BW Papersystems, Wenzhou Kingsun Machinery Industrial Co., Ltd, Acme Machinery Co. Pvt. Ltd., HIC Machinery Co., Sai Engineering, BHS Corrugated Maschinen- und Anlagenbau GmbH, Champion Corrugated Co., LTD., and Guangdong Dongfang Precision Science & Technology Co., Ltd (Fosber S.p.A.).
Key Benefits For Stakeholders
The report provides an extensive analysis of the current and emerging corrugators market trends and dynamics.
In-depth market analysis is conducted by constructing market estimations for the key market segments between 2021 and 2031.
Extensive analysis of the corrugators market is conducted by following key product positioning and monitoring of the top competitors within the market framework.
A comprehensive analysis of all regions is provided to determine the prevailing opportunities.
The global corrugators market forecast analysis from 2022 to 2031 is included in the report.
The key market players within corrugators market are profiled in this report and their strategies are analyzed thoroughly, which help understand the competitive outlook of the corrugators industry.
Key Market Segments
By Type
- Automatic
- Manual
By Production Capacity
- Less than 10 ton
- 11-50 ton
- 51-100 ton
- More than 100 ton
By End User
- Food and Beverages
- Electronics
- Pharmaceuticals
- Logistics and Shipping
- Others
By Region
- North America
- U.S.
- Canada
- Mexico
- Europe
- Germany
- France
- UK
- Italy
- Rest of Europe
- Asia-Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia-Pacific
- LAMEA
- Latin America
- Middle East
- Africa
- Key Market Players
- ISOWA Corporation
- Mitsubishi Heavy Industries, Ltd.
- BW Papersystems
- Wenzhou Kingsun Machinery Industrial Co.,Ltd.
- Acme Machinery Co. Pvt. Ltd
- HIC Machinery Co.
- Sai Engineering
- BHS Corrugated Maschinen- und Anlagenbau GmbH
- Champion Corrugated Co., LTD.
- Guangdong Dongfang Precision Science & Technology Co., Ltd (Fosber S.p.A.)
