Industry Background:
Corrugated Paper Machine is a collection of machines that combine three, five, or seven sheets of paper in a continuous process to create a single, double, or triple wall board. The product processed out of the corrugated paper machine is known as corrugated cardboards which have wide scale applications across industrial domains such as it is used for packaging of automobile components, crockery, glassware, food and beverages among other industrial and consumer products. Growing adopting of automated technological solutions as well as growth in several end user industry, primarily the surge in consumption in e-commerce industry has led to the growth of the corrugated paper machine. Asia Pacific region would account for largest market because of huge population in the region and rapid urbanization as well as industrialisation.
According to AMA Research, the market for Corrugated Paper Machine is expected to register a CAGR of 3.9% during the forecast period to 2027. This growth is primarily driven by Rising Adoption of Automated Technological Solutions by Enterprises
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Attributes | Details |
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Study Period | 2017-2027 |
Base Year | 2021 |
Forecast Period | -2027 |
Volume Unit | N |
Value Unit | USD (Million) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
The Machinery & Equipment sector in the
region has been increasing at a sustainable rate and further growth is expected to be witnessed over the forecast period, owing to the robust investments and expansion in production facilities in the region. Major Manufacturers, such as Siemens AG (Germany), Bellmer GmbH (Germany), BVM Brunner GmbH & Co.KG (Germany), Erhardt + Leimer GmbH (Germany), Oppliger SRL (Italy), Heidelberger Druckmaschinen AG (Germany), Barry-Wehmiller (United States), MPS Systems B.V. (Netherlands), Wolverine Flexographic LLC (United States) and BHS Corrugated (Germany), etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years.
Key Developments in the Market:
In 2020, Dongfang group, a China based multinational industrial machinery manufacturers has announced acquisition of 60% stakes in BP Agnati Srl, which is a Italy based manufacturer of cutting edge corrugated technology. The acquisition was made through Dongfang group’s Italian subsidiary Fosber. The acquisition is aimed at strategically expanding in the business of the corrugated machines after previous series of acquisitions in the same business previous year.
In 2021, Mondi, a United Kingdom based multinational paper and packaging company has announced 90.83% stakes in the Turkey based corrugated packaging company Olmuksan. The acquisition deal was made at around USD 77.8 million. The acquisition will help Mondi expand its market presence not just in Turkey but in Middle East region too.
Corrugated Paper Machine Market Dynamics:
Attributes | Details |
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Growth Drivers | - Rising Adoption of Automated Technological Solutions by Enterprises
- Increasing Demand from End User Industries
- Surge in E-Commerce Consumptions
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Influencing Trends | - Food and Beverages Industry is a major End User Industry
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Restraints | - High Cost of the Machines as well as Additional Costs Required for Setup
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Road Blocks / Challenges | - Recent Damaging Effect due to Covid-19 may hamper the Progress of the Market in Short Term
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Gaps & Opportunities | - Integration of IoT Applications along with Corrugated Paper Machines
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AMA Research follows a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mainly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcases the spontaneously changing Manufacturers landscape impacting the market's growth. Furthermore, our market researchers extensively analyze the products and services offered by multiple players competing to increase their market share and presence.
Data Sources of Corrugated Paper Machine Market Study
Primary Collection: InMail, LinkedIn Groups, Survey Monkey, Google, and Other professional Forums are some of the mediums utilized to gather primary data through key industry participants and appointees, subject-matter experts, C-level executives of Corrugated Paper Machine Industry, among others including independent industry consultants, experts, to obtain and verify critical qualitative commentary and opinion and quantitative statistics, to assess future market prospects.
The primary interviews and data collected as per the below protocols:
By Designation: C-Level, D-Level, Others
By Company Type: Tier 1, Tier 2, Tier 3
Secondary Data Sources such as Annual reports, Press releases, Analyst meetings, Conference calls, Investor presentations, Management statements, and SEC filings of Corrugated Paper Machine players along with Regulatory Sites, Association, World bank, etc were used as sources secondary set of data.
Customization in the Report
AMA Research features not only specific market forecasts but also includes significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints
- New Entrants into the Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
Against this Challenging Backdrop, Corrugated Paper Machine Study Sheds Light on
The Corrugated Paper Machine Market status quo and key characteristics. To end this, Analysts at AMA organize and took surveys of the Corrugated Paper Machine industry Manufacturers. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where Corrugated Paper Machine industry is heading and what are the top priorities. Insights are drawn from financial analysis, surveys, and interviews with key executives and industry experts.
How every company in this diverse set of Manufacturers can best navigate the emerging competition landscape and follow a strategy that helps them position to hold the value they currently claim or capture the new addressable opportunity.