Box Sealing Machines Market Size, Share, Growth, and Industry Analysis, By Type (Fully Automatic Carton Sealers, Semi-Automatic Carton Sealers), By Application (Food and Beverage, Chemicals and Pharmaceuticals, Consumer Goods, Others) and Regional Forecast to 2028

Updated On: 08 April 2024

REPORT OVERVIEW

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The global box sealing machines market size was USD 244 million in 2022. As per our research, the box sealing machines market is expected to reach USD 314.1 million by 2028, exhibiting a CAGR of 4.3% during the forecast period. The COVID-19 pandemic has been unprecedented and staggering, box sealing machines experiencing higher-than-anticipated demand across all regions compared to pre-pandemic levels. The sudden rise in CAGR is attributable to the market’s growth and demand returning to pre-pandemic levels.

Box sealing machines include automated machines that utilize tape to seal boxes. They can be utilized for a variety of purposes, including packaging and transportation. Box sealing machines commonly use pressure-sensitive adhesion tape to lock the container's flaps together, resulting in an efficient and dependable method of packaging things for shipment or storage. According to the application, the equipment can be configured for applying tape in a number of patterns and can be utilized with a range of box sizes.

Due to increased demand from various end-use sectors such as food and drinks, pharmaceuticals, automotive, and e-commerce, the box sealing machines market share is projected to rise significantly during the forecast period. The growing popularity of online shopping has boosted the need for packing materials and equipment. This has fuelled the expansion within the machines market.

COVID-19 Impact: Interruption in Services to Advance Market Growth

One of the main drivers driving the growth of the market is the increase in demand for online items around the world, particularly as a result of COVID-19. COVID-19 spread globally making most of the market to suffer loss due to supply chain barriers and non-availability of raw materials. However, the increased awareness of the application of sealing machines amongst end-users during COVID-19 within the packaging industry due to their capacity to handle large quantities of cartons and cases and speedy sealing technology, as well as the increased acceptance of novel packaging tools, drive market expansion.

The market was influenced during the pandemic by the strong demand for these machines since they are deemed reliable in executing many packaging tasks, resulting in less packaging material waste, and the incorporation of the equipment to increase packer productivity.

LATEST TRENDS

"Utilization in Food and Beverage Sector to Stimulate Market Development"

Increased industrialization that is used to reduce overall labor costs, and an increase in transportation and parcel centers all benefit the carton sealer machine industry. Furthermore, advancements in machine technology provide profitable prospects to market participants from 2021 to 2028.

Additionally, the beverage and food sector is a major user of sealing machines. These devices seal boxes containing food, beverages, medications, and other commodities for storage or shipment. Sealing machines enhance the integrity of products during shipment and storage by providing a secure closure. They also help to reduce labor expenses related to manual packing procedures by offering an automated option for swiftly and efficiently packaging goods.

SEGMENTATION

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• By Type

Based on type; the market is divided into fully automatic carton sealers, semi-automatic carton sealers

Fully automatic carton sealers is the leading part of the type segment.

• By Application

Based on the application; the market is divided into food and beverage, chemicals and pharmaceuticals, consumer goods, others

Food and beverage is the leading part of the application segment.

DRIVING FACTORS

"Growth in Fully Automatic Sealers to Aid Market Expansion "

Fully automatic sealers have been box-sealing devices that instantly folds the top and bottom folds of a cardboard box, seal it shut with adhesive tape, and eject the closed carton onto a conveyor belt. These devices can be found in a variety of industries, including food processing, medicines, and electronics manufacture. It may be set to accept several types of tape with adhesive and is capable of helping seal boxes that come in different sizes and shapes. Therefore, the growth in fully automatic sealers will aid in the box sealing machines market expansion in the coming years.

"Elimination of Labor Expenses by the Machine to Foster Industry Progress "

Box sealing machines in the consumer product application category are utilized to wrap and seal goods that include meals, drinks, medications, beauty products, electronics, and various other consumer items. Box sealing machines have been developed to use sticky tape or glue to swiftly and securely shut the top flaps of a cardboard corrugated box. This helps to safeguard the contents throughout shipping and storage. These machines help cut labor expenses related to manual packing operations.

RESTRAINING FACTORS

"Cost of Manufacturing the Finished Product to Limit the Market Evolution "

On the other hand, the high cost of handling and inspecting equipment by qualified people, as well as their maintenance, is projected to stymie market expansion. Risks associated with carton sealer machine technical issues are expected to pose a hurdle to the worldwide box sealing machines market growth during the projected time frame.

REGIONAL INSIGHTS

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"Expanding E-Commerce Industry in North America to Support Market Advancement "

During the projected period, the North America box sealing machines industry will expand. Some of the primary reasons supporting the expansion of this field in North America include the rising demand for automatic packaging solutions, the expanding e-commerce industry, along with the growing requirement for improved product safety. Manufacturers have improved their ability to produce and reduced labor expenses thanks to technological breakthroughs that include utomatic tape dispensers as well as vision systems. This has increased the use of box-sealing machines in a variety of sectors in North America.

KEY INDUSTRY PLAYERS

"Key Players Focus on Partnerships to Gain a Competitive Advantage"

Prominent market players are making collaborative efforts by partnering with other companies to stay ahead of the competition. Many companies are also investing in new product launches to expand their product portfolio. Mergers and acquisitions are also among the key strategies used by players to expand their product portfolios.

The analyst provides a comprehensive picture of the market through the study, synthesis, and summarization of data from various sources, as well as an examination of important variables such as financial gain, sales prices, competition, and promotions. It identifies the key industry influencers and presents various market facets. The information provided is thorough, reliable, and the result of extensive primary and secondary research. The market report provides a comprehensive competitive landscape as well as an in-depth vendor evaluation methodology and analysis based on both qualitative and quantitative studies to accurately forecast market growth.

The reports cover important advances with in market, as well as inorganic and organic growth strategies. Various companies are concentrating on organic business expansion such as product announcements, product approvals, and other things like patents and events. Acquisitions, partnerships, and collaborations were among the inorganic growth strategies observed in the market. The above activities have paved the way for market participants to expand their business and customer base. With the growing demands for filter products in the international market, market participants in the market are expected to benefit from substantial growth opportunities in the near future.

List of Market Players Profiled

• Intertape Polymer Group (U.S.)
• 3M (U.S.)
• Robopac (Italy)
• Wexxar Bel (U.S.)
• Siat (U.K.)
• Lantech (U.S.)
• Loveshaw (U.S.)
• SOCO SYSTEM (Denmark)
• Combi Packaging Systems (U.S.)
• BestPack (U.S.)
• PACKWAY (China)
• Eastey (U.S.)
• Endoline (U.K.)
• Joinpack (India)
• Wenzhou Huaqiao Packing Machine Factory (China)

REPORT COVERAGE

This research offers a thorough analysis of the global market, covering all relevant areas. This includes everything from a broad market overview to micro-level information about size of the market, degree of competition, evolution trend, opportunities in the market, important market drivers, and SWOT opportunities and threats. The reader can use the study to influence industry competitiveness and competitive environment strategies to increase potential profit. Additionally, it offers a straightforward framework for assessing and gaining access to the situation of the corporate organization.

In a nutshell, this study should be read by all market participants, traders, academics, analysts, business planners, and anyone else with an interest in the market. The market competitive landscape is another area that the report structure focuses on. This report presents in depth information the share of the market, macroeconomic indicators, product scenario, operation circumstances of the major players, which aids readers in the industry in recognizing the key rivals and better understanding the market's competitive landscape.