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The global market size of box making machines is expected to reach 3,122.02 million US dollars in 2022

Author: QYResearch | Publish date: 2018-05-25 | Views: 47
In terms of revenue, the global market size of Box Making Machines was 2742.30 million USD in 2016 and will be 3123.02 million USD in 2022, at a CAGR (Compounded Annual Growth Rate) of 2.19% between 2016 and 2022. In terms of volume, the Sales of Box Making Machines was about 16421 Units in 2016. And it is anticipated to reach 20820 Units by 2022. One trend in the market is smart packaging. Smart packaging is a recent trend that has started to gain popularity across various packaging products. All these years, recycling was popular among the packaging industry, especially in corrugated box packaging. In recycling, the whole box is dismantled and used for different purposes.


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Boxes are used for packaging consumer and industrial goods. Packaging is best suited for shipping and transporting various products that are fragile in nature. These boxes are very durable and have high safety standards compared with the other modes of packaging such as cardboard packaging. Boxes handle pressure and can be stacked for easy and economical transportation. These boxes are safe to use as they do not have any sharp edges.Box packaging are widely used in gift boxes, moon cake boxes, mobile phone box, shoes box, watches, jewelry box, cosmetic box, tea box, wine box, medicine box, etc.


A box making machine is a machine can make box which will provide company with better selection of carton sizes. If they need to make a very small box for tiniest product as well as an extra-large box for a larger item, this machine can handle it.


In terms of revenue, the global market size of Box Making Machines was 2742.30 million USD in 2016 and will be 3123.02 million USD in 2022, at a CAGR (Compounded Annual Growth Rate) of 2.19% between 2016 and 2022. In terms of volume, the Sales of Box Making Machines was about 16421 Units in 2016. And it is anticipated to reach 20820 Units by 2022. One trend in the market is smart packaging. Smart packaging is a recent trend that has started to gain popularity across various packaging products. All these years, recycling was popular among the packaging industry, especially in corrugated box packaging. In recycling, the whole box is dismantled and used for different purposes.


One driver in the market is the exponential growth in the e-commerce industry. The trend of e-commerce has been in existence since 2000 in the developed countries such as the US and the EU, but it has started gaining a huge momentum in the developing nations; the e-commerce industry has now penetrated in several unreached markets till now. The global e-commerce industry witnessed exponential growth in 2015 with most of this growth coming from B2B trading. With this trend, the e-commerce industry is anticipated to witness an exponential growth due to the growth in disposable incomes as well as the rise in internet penetration globally.


The key players are BCS Corrugated, Packsize, Fosber Group, Box on Demand (Panotec), EMBA Machinery, T-ROC, Zemat, Zhongke Packaging, MHI, Bxmkr, Miyakoshi Printing, Guangdong Hongming, Ming Wei, Lishunyuan, Standard Mechanical Works, Senior Paper Packaging and so on.


The Global Box Making Machines Market Research Report 2017 report released by QYResearch provides a basic overview of the Box Making Machines industry, including definition, classification, application and industrial chain structure. Discuss development policies and plans as well as manufacturing processes and cost structures.


The report then focuses on major industry players in Global, including company profiles, product images and specifications, sales, market share, and contact information. More importantly, the Box Making Machines industry development trends and marketing channels were analyzed. Providing the main statistical data on the current status of the industry is a valuable guide and direction for companies and individuals interested in the market.


Click to view the full report:https://www.qyresearch.com/index/detail/78808/global-box-making-machines-market
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Media contact: press@qyresearch.com

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