(Health-NewsWire.Net, September 22, 2021 )
Market Overview
The folder and gluer machines convert flat materials into finished packaging products such as boxes and promotional items. The machines are designed for continuous and long-term use to fulfill the production targets. The machines follow pre-creased lines that supervise folding products and then apply an adhesive to hold the product together.
The machine has become a prominent packaging solution for electrical & electronics, food & beverages, healthcare, pharmaceutical, and other industries. The folding gluing machines reduce the cost of producing boxes and also offer better quality packaging solutions. The machine offers various folding types, including straight line, pocket fold, crash lock and multi-corner based on the end-users demand.
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Market Dynamics
The global folding gluing machine market is expected to drive with demand for high-quality operations in packaging and rising demand for quality corrugated boxes.
Demand for high-quality operations in packaging
The demand for increasing production rates with the least errors is expected to drive the global folding gluing machine market. The folding gluing machine has made it possible to handle large quantities of packaging in numerous industries with precise working. The removal of faults in packaging production is vital for all industries. The packaging company utilizes different processes in their production lines, digital printing, laminating, hot stamping, embossing, cutting and folding-gluing. These cumulative processes possess a higher risk of defects in the production line, and these errors in the industry can be very costly.
For example, Nortier Emballages has installed a new ACCUCHECK folding gluing machine for its printed packaging, which demands high-quality production. The new machine checks carton blanks for defects and ensures complete quality consistency with a faster speed of up to 500m per minute. In addition to the system detects, the machine can handle spots, missing prints, text errors, guaranteeing 100% quality-controlled production.
High cost of machines
The folding gluing machine market is impacted by the high cost of machines. The folding gluing machines are costly due to technologically advanced features and automation, which is still uneconomical for most small-scale vendors. Most of the manufacturers still cannot afford the use of machines for packaging due to the extra cost associated with it.
Moreover, many developing nations still prefer manual packaging due to cheap labor wages and to maximize the profit margin. Such scenarios are responsible for hampering the folding gluing machine market demand. Moreover, there have been various instances where folding and gluing machinery may lead to inconsistent speed, inaccurate folds, weak adhesive, paper jams and curled edges.
Segment Analysis
Fold Type
• Pocket Fold Box
• Straight Line Box
Operation
• Automatic
• Semi-automatic
End-User
Food & Beverages
Electrical & Electronics
Personal Care & Cosmetics
Automotive
Healthcare
Others
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Geographical Analysis
Asia-Pacific region holds the largest market for the global folding gluing machine globally
The Asia-Pacific holds the largest market share for the folding gluing machine market globally and is expected to continue its dominance in the forecast period. The use of folding gluing machine in the region has been utilized for high-quality packaging solutions to various markets prominent market in packaging. With increasing production rates in various industries, growing industralization and automation, the dmeand for folding gluing machines is also boosting.
For instance, Zhejiang Dashengda Packaging Co Ltd, China’s leading corrugated and paperboard packaging manufacturers, has a daily production capacity of 1.2 million square meters, with products supplied to customers in diversifying sectors, from drinks, tobacco to home appliances and logistics. The company has installed three new machines, including Ffg 8.20 Discovery Flexo Folder Gluer and e-LINE DIE-CUTTERS, to increase production automation and establish a 'Smart' factory. Moreover, In 2021- Bobst has sold its 1,000th folder-gluer from its Indian production site in India.
The region has also been growing with new product launches in the region. For instance, in 2020- Boxtech, an Indian company has launched three new machines, including a new version of carton folding and gluing machine and a banding machine. Europe region has been observing significant growth in the folding gluing market . The region requires machines for various food & beverages packaging applications such as dairy products, dry foods & snacks, fresh produce, frozen & chilled, alcoholic and non-alcoholic beverages.
Moreover, cosmetic and pharmaceutical industries have also noticed significant demand for folding gluing machines. The leading manufacturers have adopted folding gluing machines to increase their production at sites with high efficiency. For instance, Thimm has planned to invest 6 million euros in its Wörrstadt site by the end of 2023. These investments will consist of installing 3 new folding box gluing machines due to its expansion of the product portfolio in sustainable e-commerce packaging and special packaging with digital, flexo and offset printing, and product-carrying sales displays.
Competitive Landscape
The folding gluing machine market is moderately competitive with the local player’s presence, followed by the global companies, contributing to the major share in the market growth. In addition, some of the key players contributing to the growth of the market are Kama GmbH, Bobst, SBL Machinery, Heidelberger Druckmaschinen AG, Petratto S.r.l, Sipack S.r.l, Fidia Macchine Grafiche S.r.l, Zhejiang Yaojia Machinery Co. Ltd, Zhejiang New Luolan Machinery, Shanghai Yawa Printing Machinery Co., Ltd, Barry-Wehmiller Companies and others. The major players are adopting various new strategies to dominate the market, such as product launches, expansions, acquisitions and collaborations, contributing to the growth of the Graphene battery market globally.
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