Folder Gluers Market - Growth, Trends and Forecast to 2025
As per the credible estimates, folder gluers market is expected to record a remunerative growth rate through 2025. Escalating disposable income and rising adoption of internet and mobile services have enhanced the expansion of e-commerce and packaging industry, which in turn is propelling the folder gluers market growth. The machinery is used by various companies to develop high quality packaging efficiently. Commonly used materials are cardboard and corrugated paper. Growing online retail industry has compelled numerous manufacturers to utilize durable and safe packaging solutions while following the protocols for sustainability, thereby bolstering the demand for folder gluers across various industry verticals.
Folder gluer equipment is ideal for developing several types of boxes and can function at high speed, allowing efficient production, high yields and superior quality product outputs. These machines also help in reducing the labor cost and are easy to operate. However, factors such as lack of awareness as well as high cost associated with the product may act as a restraining factor for folder gluers market expansion.
Considering the product landscape, the market is split into straight line, multi-corner boxes and crash-lock bottom. The straight line segment of folder gluers market segment is expected to register significant growth during the study period. This equipment delivers better accuracy in folding and gluing as well as higher productivity which makes it ideal for producing small sized mono cartons. Rising adoption of straight line type folder gluer equipment in food & beverage industry and growing inclination towards takeaways are aiding the segmental share.
Citing the application spectrum, folder gluers market is classified into healthcare, electronics, food & beverage, consumer goods and others. The industry share from electronics application is presumed to grow significantly during the forecast period. Technological advancements, evolving lifestyle and increasing disposable income have impelled the demand for consumer electronics, which in turn is creating lucrative growth opportunities for the folder gluers market players.
On the other hand, consumer goods application segment is set to moderate growth rate in the ensuing years, primarily due to growing preference for FMCG (fast moving consumer goods) and thriving logistics & supply chain industry.
As per the regional analysis, global market is divided into South America, North America, Middle East & Africa, Asia-Pacific and Europe with primary focus on regions including Argentina, Brazil, Canada, Mexico, U.S., South Africa, Nigeria, Saudi Arabia, Egypt, Korea, China, India, Japan, Southeast Asia, Russia. Germany, UK, Italy and France.
Meanwhile, North America folder gluers industry is poised to acquire admirable gains by the year 2025. Rapid expansion of logistics industry in tandem with booming e-commerce sector are prime factors augmenting the regional demand for folder gluers equipment. Additionally, favorable federal reforms which promote the use of green packaging solutions is promoting the business scenario in North America.
BOBST, Ruian Gaoke Machinery Co. Ltd., Gietz AG, Duran Machinery, VEGA, Wenzhou GaoTian Packaging Co. Ltd., BW Papersystems, Masterwork Machinery, Yancheng Hongjing Machinery, Wenzhou Zhantian Packaging Machinery, Wenzhou Hetian Machinery, Sipack, Lamina System AB, YAWA, Brandtjen & Kluge Inc. and Wenzhou Youtian Packing Machinery are the eminent companies of global folder gluers market.