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Automatic Carton Erector Market Size - By Product Type (Horizontal Carton Erector, Vertical Carton Erector), By Automation Type (Semi-automatic, Automatic), Operating Speed, Application, Distribution Channel & Forecast, 2024 – 2032


Published on: 2024-07-30 | No of Pages : 240 | Industry : Industrial-Machinery

Publisher : MIR | Format : PDF&Excel

Automatic Carton Erector Market Size - By Product Type (Horizontal Carton Erector, Vertical Carton Erector), By Automation Type (Semi-automatic, Automatic), Operating Speed, Application, Distribution Channel & Forecast, 2024 – 2032

Automatic Carton Erector Market Size

Automatic Carton Erector Market was valued at USD 1.30 billion in 2023 and is set to observe 4.5% CAGR from 2024 to 2032. The surge in the demand for packaging products across diverse industries has significantly contributed to the market's growth. This heightened demand is attributed to the global emphasis on efficient and visually appealing packaging, driving companies to adopt automated solutions.

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Rising demand for effective and automated packaging solutions across numerous sectors has fueled the adoption of automatic carton erectors. The growth in the e-commerce sector is another major driver, as online retailers seek streamlined and rapid packaging processes to meet the increasing demands of online shoppers. Additionally, the need to cut labor costs and minimize human error in the packaging process has become a critical driver, prompting companies to invest in automated solutions like carton erectors that enhance efficiency and precision while reducing reliance on manual labor.

Automatic Carton Erector Market Report Attributes
Report Attribute Details
Base Year 2023
Automatic Carton Erector Market Size in 2023 USD 1.30 billion
Forecast Period 2024 to 2032
Forecast Period 2024 to 2032 CAGR 4.5%
2032 Value Projection USD 1.93 billion
Historical Data for 2018 - 2023
No. of Pages 310
Tables, Charts & Figures 279
Segments covered Product type, Automation Type, Operating Speed, Application, Distribution channel, Region
Growth Drivers
  • Increased demand for packaging products
  • Rise in demand for effective and automated packaging solutions across numerous sectors
  • Growth in E-commerce sector
  • The need to cut labor costs and minimize human errors
Pitfalls & Challenges
  • Rise in cost of installation of Automatic Carton Erectors
  • High expenses associated with regular maintenance

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The high cost of installation associated with these advanced packaging solutions is a major setback for this market. The initial investment required for acquiring and installing automatic carton erectors can be substantial, posing a challenge for smaller businesses with constrained budgets. Moreover, the ongoing operational expenses are influenced by the high costs associated with regular maintenance. The expenses incurred in maintaining the efficiency and longevity of automatic carton erectors can contribute to the overall cost of ownership, potentially hindering widespread adoption across certain market segments.

Automatic Carton Erector Market Trends

Manufacturers within this industry are actively investing in R&D initiatives to enhance the capabilities, features, and overall efficiency of automatic carton erectors. Innovations in robotics, artificial intelligence, and automation technologies are being incorporated to develop next-generation automatic carton erectors that offer increased speed, precision, and adaptability to diverse packaging requirements. The emphasis on R&D underscores a dynamic market where continual improvement and the introduction of novel products are pivotal for sustained growth and market leadership.

 Automatic Carton Erector Market Analysis

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The vertical carton erector segment dominated market share of about 61.6% in 2023 by generating a revenue of USD 500 million. This dominance is due to their space efficiency and flexibility as they utilize a smaller space and can handle different carton sizes and types. They are also easier to maintain and clean. Additionally, switching between carton types is typically quicker on vertical erectors compared to horizontal models.

The semi-automatic carton erectors held approximately 54.4% share of the automatic carton erector market in 2023 and is expected to witness more than 4.7% CAGR through 2032. This dominance is attributed due to their lower costs, making them more accessible for businesses with budget constraints or lower production volumes. Additionally, these erectors often handle a wider range of carton sizes and types compared to some fully automatic machines.

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The 21 to 60 cartons per minute segment captured the largest market share of about 46.2% in 2023. This dominance can be attributed to its suitability for a wide range of applications, including food and beverage, consumer goods, and pharmaceuticals. These industries require high-volume packaging but may not necessitate the ultra-high speeds offered by the highest segment. 

Based on the application the market is segmented into Food and Beverage, Pharmaceuticals, Personal Care & Cosmetics, Electronics & Consumer Goods, and Others such as E-commerce & Logistics, Automotive, etc. Among these segments, the food and beverage industry in 2023 commands the largest market share generating a revenue of USD 474 million with a market share of 36.4%. This is due to the substantial and ever-growing demand for packaged food and beverage products, driven by factors like increasing disposable income, changing food preferences, and the rise of e-commerce.

The indirect sales segment, where distributors and retailers provide manufacturers with access to a broader customer base than selling directly, reaching diverse markets and niche applications, currently holds the largest market share of 58.6% in 2023. This is because the indirect sales allow distributors to specialize in promoting specific product lines and have expertise in reaching targeted audiences, alleviating marketing, and sales burdens for manufacturers.

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North America acquired 37.2% share of the largest share of the automatic carton erector market in 2023, primarily due to the region's strong manufacturing base, high automation adoption rates, and growing demand for packaged goods. This rapid growth can also be attributed to the region's booming e-commerce sector, rising disposable income, and increasing demand for sustainable packaging solutions. Additionally, government initiatives promoting automation and industrial development are further fueling the regional growth.

Automatic Carton Erector Market Share

In 2023, dominant market players, including Lantech, Combi Packaging Systems LLC, Wexxar/BEL Packaging, and Wayne Automation Corporation collectively hold a substantial 29% market share. The automatic carton erector industry is moderately fragmented in nature. The mentioned industry leaders are actively engaged in strategic initiatives such as mergers & acquisitions, facility expansions, and partnerships to broaden their product portfolios, reach a wider customer base, and strengthen their market presence. These companies continuously invest in research and development to improve their designs and incorporate new technologies, allowing them to stay ahead of the competition.

Automatic Carton Erector Market Companies

Major players operating in the automatic carton erector industry include

  • Combi Packaging System LLC
  • Lantech
  • Wexxar/BEL Packaging
  • Wayne Automation Corporation

Automatic Carton Erector Industry News

  • In September 2023, Wexxar Bel launched its new WLF30T Fully automatic case former at PACK Expo 2023, which combines high speed case forming with labelling. This gives customers the ability to label cases prior to formation at speeds of up to 30 cases per minute.
     
  • In March 2023, Lantech launched its new automatic stretch wrappers and carton packaging systems, including its new RL Automatic ring stretch wrapper. This high-speed machine wraps up to 180 loads per hour without operator intervention.   

This automatic carton erector market research report includes in-depth coverage of the industry, with estimates & forecast in terms of revenue (USD Billion) and volume (Thousand Units) from 2018 to 2032, for the following segments

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Market, By Product Type

 

  • Horizontal Carton Erector
  • Vertical Carton Erector

Market, By Automation Type

  • Semi-automatic
  • Fully Automatic

Market, By Operating Speed

  • Up to 10 Cases/Minute
  • 11 to 20 Cases/Minute
  • 21 to 60 Cases/Minute
  • Over 60 Cases/Minute

Market, By Application

  • Food and Beverage
  • Pharmaceuticals
  • Personal Care & Cosmetics
  • Electronics & Consumer Goods
  • Others (E-commerce & Logistics, Automotive, etc.)

Market, By Distribution Channel

  • Direct Sales
  • Indirect Sales

The above information is provided for the following regions and countries

  • North America
    • U.S.
    • Canada
  • Europe
    • UK
    • Germany
    • France
    • Italy
    • Spain
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Malaysia 
    • Indonesia 
  • Latin America
    • Brazil
    • Mexico 
  • MEA
    • Saudi Arabia
    • UAE
    • South Africa

 

Table of Content

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To get a detailed Table of content/ Table of Figures/ Methodology Please contact our sales person at ( chris@marketinsightsresearch.com )