What Are The 5 Takeaways From The Automatic Carton Erector Market Overview 2024
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The automatic carton erector market size has grown strongly in recent years. It will grow from $1.36 billion in 2023 to $1.43 billion in 2024 at a compound annual growth rate (CAGR) of 4.8%. The growth in the historic period can be attributed to rising consumer expectations, optimized floor space utilization, increasing demand for industrial goods, rising demand for eco-friendly packaging solutions, need for reduced labor costs.
The automatic carton erector market size is expected to see steady growth in the next few years. It will grow to $1.73 billion in 2028 at a compound annual growth rate (CAGR) of 3.7%. The growth in the forecast period can be attributed to increasing e-commerce packaging demand, increased focus on worker safety, increased demand for packaged food, increased production speed, stringent quality requirements in the cosmetics industry. Major trends in the forecast period include energy efficiency, technological advancements, product innovation, industry modernization, integration of automation and robotics.
The increased focus on worker safety is expected to propel the growth of the automatic carton erector market going forward. Worker safety refers to the measures and protocols implemented in the workplace to protect employees from hazards, accidents, and injuries, ensuring the physical well-being and health while performing job duties. The automatic carton erector enhances worker safety by automating manual carton assembly tasks, reducing ergonomic risks associated with heavy lifting and repetitive motions, and incorporating safety features to prevent accidents, fostering a safer work environment overall.
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What Are The Key Trends That Influence Automatic Carton Erector Market Share Analysis?
Major companies operating in the automatic carton erector market focus on developing innovative products, such as the WLF30T fully automatic case former, to cut labor costs and minimize human error in the packaging process. The WLF30T fully automatic case former is a high-speed packaging equipment that combines case forming with labeling, allowing users to apply labels to cases before they are created.
Which Market Players Are Driving Growth In The Automatic Carton Erector Market?
Major companies operating in the automatic carton erector market are WestRock Company, Krones AG, KUKA AG, KHS GmbH, IPG Photonics Corporation, ProMach Inc., Marchesini Group, Packsize International LLC, BluePrint Automation (BPA), HARTNESS International, Douglas Machine Inc., ADCO Manufacturing, Pearson Packaging Systems, Combi Packaging Systems, Fuji Machinery Co. Ltd., Wexxar Bel, SIAT S.p.A., Emmeti S.p.A., Wayne Automation Corporation, Econocorp Inc., Z Automation Company LLC, Endoline Machinery Ltd., Brenton Engineering, A-B-C Packaging Machine Corporation, Schneider Packaging Equipment Co. Inc., Bradman Lake Group Ltd., Intertape Polymer Group Inc., MG America, Mitsubishi Electric Corporation, Serpa Packaging Solutions
How Is The Global Automatic Carton Erector Market Segmented?
1) By Product Type: Horizontal Carton Erector; Vertical Carton Erector
2) By Technology: Fully Automatic; Semi-Automatic; Manual
3) By Application: Food And Beverage; Consumer Goods; Pharmaceuticals; Electronics; Personal Care And Logistics; E-Commerce
4) By End-User: Small And Medium Enterprises; Large Enterprises
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The Automatic Carton Erector Global Market Report 2024 provides an overview of the automatic carton erectormarket for the time series: historic years (2010 – 2021) and ten years forecast (2023 – 2032). The automatic carton erector market forecast analyzes automatic carton erector market size, automatic carton erector market share, leading competitor and their market positions.
The Table Of Content For The Automatic Carton Erector Market Include
1. Automatic Carton Erector Market Executive Summary
2. Automatic Carton Erector Market Segments
3. Automatic Carton Erector Market Size And Template Market Growth Rate
4. Key Automatic Carton Erector Market Trends
5. Major Automatic Carton Erector Market Drivers
……
25. Key Mergers And Acquisitions In The Automatic Carton Erector Market
26. Top Automatic Carton Erector Companies
27. Automatic Carton Erector Market Opportunities And Strategies
28. Automatic Carton Erector Market, Conclusions And Recommendations
29. Appendix
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