Folding Gluing Machines Market Size, Market Share, Application Analysis, Regional Outlook, Growth Trends, Key Players, Competitive Strategies and Forecasts, 2021 To 2029

Increasing Demand from Consumer Electronics Ensure Rapid Growth for Folding Gluing Machines Market

Globally, the folding gluing machines market is projected to rise with a CAGR of 5.4% over the forecast period from 2021 to 2029, starting in 2020 with a market value of US$ 581.8 Mn. Folding gluing machines are mainly used to convert and fold flat sheets of various sizes into various boxes based on the requirement. These machines allow the manufacturer to develop several boxes including the crash-lock bottom, straight-line, pocket fold, and multi-corner boxes. Additionally, the folding gluing machines can also use and process different materials including, micro-flutes, litho-laminates, plastics, solid board, and others.

There has been increased in the demand of the boxes in the recent years due to increasing demand of consumer electronics such as mobile phones, LCD, LED, refrigerators and others, which are increasing the demand for the gluing machines. Moreover, the increasing of these machines from various industry is also driving the market. However, high initial investment and implementation cost are expected to restrain the market growth during the forecast period.

Folding gluing machines With Straight Line Boxes of Fold Type Segment Continue Dominating the Market

In 2020, the overall folding gluing machines market is led by straight-line boxes segment in its fold type segment contributing to a market share of over 30% of the total revenue generated globally. The usage of folding gluing machines is increasing among various food industry due to increasing demand from the consumers and packaging. The usage of the folding gluing machines helps the manufacturers to decline the manufacturing cost of corrugated boxes and results in high-quality corrugated containers.

Europe Dominates the Market by Region

Folding gluing machines market was led by Europe with more than 1/3rd of the total market revenue. The market here enjoys the presence of various key players such as Bobst Group SA, Heidelberger Druckmaschinen Aktiengesellschaft, EMBA Machinery AB, WILHELM BAHMUELLER Maschinenbau Praezisionswerkzeuge GmbH and others which are offering various machines to the end-user to reduce their work. Moreover, the presence of various end-user such as the agriculture industry, food processing industry, construction industry, and others are also contributing to the growth of the market. However, the Asia-Pacific region is expected to be the fastest-growing region in the market. This regional segment is projected to grow at a CAGR of over 6.1% during the forecast period.

Some of the prominent players operating in the folding gluing machines market include Heidelberger Druckmaschinen Aktiengesellschaft, Bobst Group SA, Barry-Wehmiller Group, Inc., EMBA Machinery AB, Ishikawa Seisakusho Co., Ltd. WILHELM BAHMUELLER Maschinenbau Praezisionswerkzeuge GmbH, Fidia Macchine Grafiche S.r.l., Vijaya Grafiks Inc., Lamina System AB, and Sipack S.r.l.

This research report presents the analysis of each segment from 2019 to 2029 considering 2020 as the base year for the research. Compounded Annual Growth Rate (CAGR) for each respective segment calculated for the forecast period from 2021 to 2029.

Key questions answered in this report

• What was the market size of folding gluing machines in 2020 and forecast up to 2029?
• Which is the largest regional market for straight-line box in fold type?
• What are the major trends followed in folding gluing machines market across different regions?
• Who are the key folding gluing machines companies leading the market?
• What are the key strategies adopted by the leading folding gluing machines companies in market?

Unique data points of this report

• Statistics on folding gluing machines penetration worldwide
• Recent trends across different regions in terms of adoption of folding gluing machines for various applications
• Notable developments going on in folding gluing machines market
• Attractive investment proposition for segments as well as geography
• Comparative scenario for all the segments for years 2020 (actual) and 2029 (forecast)

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