Paperboard Container Machine Market

The paperboard container machine market is expected to see an upward trend in consumption and value terms from 2022 to 2030, with a forecasted CAGR of +0.4% and +2.6% respectively. China leads in both consumption and production, with significant growth in exports. The United States, Thailand, and Italy also play key roles in the market. Import and export prices show fluctuations over the years, with China and the United States being major suppliers. Overall, the market shows resilience and potential for growth in the coming years.

Market Forecast

Driven by rising demand for paperboard container machine worldwide, the market is expected to start an upward consumption trend over the next eight years. The performance of the market is forecast to increase slightly, with an anticipated CAGR of +0.4% for the period from 2022 to 2030, which is projected to bring the market volume to 34K units by the end of 2030.

In value terms, the market is forecast to increase with an anticipated CAGR of +2.6% for the period from 2022 to 2030, which is projected to bring the market value to $3.9B (in nominal prices) by the end of 2030.

Consumption

World Consumption of Machines For Making Containers Of Paper Or Paperboard

After two years of decline, consumption of machines for making containers of paper or paperboard increased by 2.5% to 33K units in 2022. Overall, consumption, however, showed a relatively flat trend pattern. Over the period under review, global consumption hit record highs at 36K units in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

The global paperboard container machine market revenue rose slightly to $3.2B in 2022, with an increase of 1.5% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption, however, saw a noticeable reduction. Over the period under review, the global market reached the maximum level at $4.1B in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Consumption By Country

China (6.8K units) constituted the country with the largest volume of paperboard container machine consumption, accounting for 21% of total volume. Moreover, paperboard container machine consumption in China exceeded the figures recorded by the second-largest consumer, Italy (2.9K units), twofold. The third position in this ranking was held by India (2.8K units), with an 8.5% share.

In China, paperboard container machine consumption plunged by an average annual rate of -1.3% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Italy (+27.2% per year) and India (-1.0% per year).

In value terms, China ($595M), India ($435M) and Italy ($229M) appeared to be the countries with the highest levels of market value in 2022, together accounting for 40% of the global market. Brazil, the United States, France, Thailand, the UK, Japan, Turkey, Russia and Taiwan (Chinese) lagged somewhat behind, together comprising a further 27%.

Among the main consuming countries, Thailand, with a CAGR of +26.7%, recorded the highest rates of growth with regard to market size over the period under review, while market for the other global leaders experienced more modest paces of growth.

The countries with the highest levels of paperboard container machine per capita consumption in 2022 were Italy (50 units per million persons), Taiwan (Chinese) (26 units per million persons) and Thailand (21 units per million persons).

From 2012 to 2022, the most notable rate of growth in terms of consumption, amongst the main consuming countries, was attained by Thailand (with a CAGR of +31.8%), while consumption for the other global leaders experienced more modest paces of growth.

Production

World Production of Machines For Making Containers Of Paper Or Paperboard

In 2022, production of machines for making containers of paper or paperboard decreased by -34.9% to 128K units for the first time since 2017, thus ending a four-year rising trend. Overall, production, however, posted a strong expansion. The pace of growth appeared the most rapid in 2021 with an increase of 234% against the previous year. As a result, production attained the peak volume of 196K units, and then contracted significantly in the following year.

In value terms, paperboard container machine production expanded sharply to $6.4B in 2022 estimated in export price. Over the period under review, the total production indicated a pronounced increase from 2012 to 2022: its value increased at an average annual rate of +2.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by -4.0% against 2020 indices. The pace of growth was the most pronounced in 2020 when the production volume increased by 33%. As a result, production attained the peak level of $6.7B. From 2021 to 2022, global production growth remained at a lower figure.

Production By Country

China (101K units) constituted the country with the largest volume of paperboard container machine production, comprising approx. 80% of total volume. Moreover, paperboard container machine production in China exceeded the figures recorded by the second-largest producer, the United States (4.9K units), more than tenfold. The third position in this ranking was taken by Italy (2.8K units), with a 2.2% share.

From 2012 to 2022, the average annual growth rate of volume in China amounted to +28.4%. The remaining producing countries recorded the following average annual rates of production growth: the United States (-1.6% per year) and Italy (+15.6% per year).

Imports

World Imports of Machines For Making Containers Of Paper Or Paperboard

In 2022, the amount of machines for making containers of paper or paperboard imported worldwide soared to 19K units, with an increase of 19% compared with the year before. In general, imports enjoyed a resilient expansion. The pace of growth appeared the most rapid in 2018 when imports increased by 20% against the previous year. Global imports peaked in 2022 and are expected to retain growth in the near future.

In value terms, paperboard container machine imports rose sharply to $1.7B in 2022. Over the period under review, total imports indicated a resilient increase from 2012 to 2022: its value increased at an average annual rate of +7.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +33.7% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 17% against the previous year. Global imports peaked in 2022 and are expected to retain growth in years to come.

Imports By Country

In 2022, the United States (3.5K units), distantly followed by Thailand (1.5K units) and Italy (1K units) were the largest importers of machines for making containers of paper or paperboard, together constituting 31% of total imports. Germany (852 units), France (750 units), the Netherlands (737 units), Turkey (648 units), Russia (592 units), India (576 units), the UK (559 units), Poland (418 units), Spain (414 units) and South Korea (389 units) took a relatively small share of total imports.

From 2012 to 2022, average annual rates of growth with regard to paperboard container machine imports into the United States stood at +11.7%. At the same time, the Netherlands (+37.3%), Thailand (+32.6%), Italy (+17.4%), Poland (+14.2%), India (+13.2%), Spain (+10.6%), Turkey (+10.4%), France (+10.2%), the UK (+8.7%), Germany (+8.4%), Russia (+6.1%) and South Korea (+2.1%) displayed positive paces of growth. Moreover, the Netherlands emerged as the fastest-growing importer imported in the world, with a CAGR of +37.3% from 2012-2022. Thailand (+6.7 p.p.), the Netherlands (+3.5 p.p.), the United States (+3.5 p.p.) and Italy (+2.7 p.p.) significantly strengthened its position in terms of the global imports, while South Korea saw its share reduced by -2% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the United States ($301M) constitutes the largest market for imported machines for making containers of paper or paperboard worldwide, comprising 17% of global imports. The second position in the ranking was taken by Germany ($146M), with an 8.4% share of global imports. It was followed by Italy, with a 7.2% share.

In the United States, paperboard container machine imports increased at an average annual rate of +7.2% over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: Germany (+9.2% per year) and Italy (+15.2% per year).

Import Prices By Country

In 2022, the average paperboard container machine import price amounted to $91,678 per unit, dropping by -4.1% against the previous year. Overall, the import price recorded a noticeable shrinkage. The pace of growth was the most pronounced in 2014 an increase of 6.2% against the previous year. As a result, import price attained the peak level of $125,575 per unit. From 2015 to 2022, the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Germany ($171,079 per unit), while Thailand ($13,543 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+1.9%), while the other global leaders experienced more modest paces of growth.

Exports

World Exports of Machines For Making Containers Of Paper Or Paperboard

In 2022, after ten years of growth, there was significant decline in overseas shipments of machines for making containers of paper or paperboard, when their volume decreased by -36.9% to 113K units. Over the period under review, exports, however, recorded a significant expansion. The growth pace was the most rapid in 2021 with an increase of 353% against the previous year. As a result, the exports reached the peak of 180K units, and then dropped markedly in the following year.

In value terms, paperboard container machine exports soared to $2.1B in 2022. In general, total exports indicated a resilient expansion from 2012 to 2022: its value increased at an average annual rate of +7.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +43.5% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 23% against the previous year. The global exports peaked in 2022 and are expected to retain growth in the immediate term.

Exports By Country

China prevails in exports structure, reaching 95K units, which was approx. 83% of total exports in 2022. It was distantly followed by the United States (6.7K units), making up a 5.9% share of total exports.

China was also the fastest-growing in terms of the machines for making containers of paper or paperboard exports, with a CAGR of +63.3% from 2012 to 2022. At the same time, the United States (+30.9%) displayed positive paces of growth. From 2012 to 2022, the share of China increased by +74 percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($463M) remains the largest paperboard container machine supplier worldwide, comprising 22% of global exports. The second position in the ranking was taken by the United States ($48M), with a 2.3% share of global exports.

In China, paperboard container machine exports expanded at an average annual rate of +16.0% over the period from 2012-2022.

Export Prices By Country

The average paperboard container machine export price stood at $18,621 per unit in 2022, rising by 84% against the previous year. Overall, the export price, however, showed a deep downturn. The global export price peaked at $139,649 per unit in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

Average prices varied somewhat amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was the United States ($7,199 per unit), while China stood at $4,892 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (-26.6%).

Source: IndexBox Market Intelligence Platform