Corrugated Box Making Machine Market Size & Share 2026-2035

Corrugated Box Making Machine Market Size

The Corrugated Box Making Machine Market was valued at USD 3.65 billion in 2025, projected to reach USD 3.81 billion in 2026, and expanding at a 4.4% CAGR (2026-2035) to USD 5.61 billion by 2035.

The Corrugated Box Making Machine Market encompasses corrugator lines, flexo folder gluers, rotary and flatbed die cutters, printer slotters, slitter scorers, and associated converting equipment. Demand is shaped by converter investment cycles, particularly the balance between greenfield board capacity, replacement of aging production assets, and automation upgrades that improve throughput, consistency, and labor utilization.

Corrugated Box Making Machine Market Trends, Growth Drivers & GMI Forecast Outlook

E-commerce fulfillment, packaging-material substitution, and automation are increasing the value of high-throughput corrugating and converting platforms. However, replacement-led procurement in mature markets, cost-sensitive equipment buying in emerging regions, and cross-border purchasing risk make growth dependent on converter confidence and the ability of OEMs to demonstrate lifecycle productivity.

Key Drivers

*Evidence anchors use cited external data; demand implications and forecast conditions represent GMI analysis.*

Parcel-oriented commerce changes machinery demand beyond simple board-volume growth. Converters must handle shorter production runs, broader box-format portfolios, tighter delivery windows, and increasing requirements for right-sized packaging. These operating conditions favor high-speed flexo folder gluers, precision rotary die cutters, automated stacking, and line-control systems that reduce changeover losses. BHS Corrugated's commercial agreement with Agfa to integrate single-pass inkjet engines into the Jetliner platform illustrates the movement toward digitally enabled, inline corrugated production workflows.

Packaging regulation is also changing the commercial case for corrugated capacity. Regulation (EU) 2025/40 entered into force in February 2025 and applies from August 2026, reinforcing recyclability and reuse requirements that influence transport-packaging design choices across European supply chains. The resulting opportunity for corrugated converters depends less on an immediate replacement of all plastic formats than on their ability to supply durable, efficiently designed fiber-based alternatives at industrial scale.

Automation is becoming a product-mix driver as much as an operational upgrade. Connected corrugators and converting lines help plants reduce dependence on scarce specialist labor, manage production data in real time, and improve repeatability across complex order schedules. This strengthens demand for platforms with integrated diagnostics, servo controls, material handling, and service capabilities rather than standalone equipment alone.

Key Restraints

*Evidence anchors use cited external data; demand implications and forecast conditions represent GMI analysis.*

Chinese manufacturers are expanding their relevance in the mid-range equipment market by combining more capable machinery with lower acquisition costs. Export evidence indicates that Chinese suppliers are moving into higher-value equipment categories despite a reduction in shipment volume, raising competitive pressure where converter decisions are led principally by payback periods rather than premium performance guarantees. European and Japanese OEMs retain advantages in integrated systems, engineering depth, and service relationships, but those advantages must be demonstrated over the full life of an installation.

Mature converter networks in Europe and North America create a different restraint: capital expenditure is commonly allocated to phased replacement, retrofits, and selective debottlenecking rather than entirely new plants. FEFCO identifies 537 corrugated plants across Europe, underlining the depth of the installed base and the importance of replacement timing to machinery orders. This environment rewards OEMs that can preserve installed-equipment relationships through aftermarket support and modernization programs.

Foreign-exchange exposure and tariff uncertainty further complicate large equipment purchases. Corrugator-line projects may involve long lead times, imported components, and financing arrangements that leave both buyers and suppliers exposed to changes in currency values and landed costs. These risks can defer investments, especially for independent converters in markets without readily available capital-equipment hedging or financing capacity.

Corrugated Box Making Machine Market Segment Analysis

By Machine Type

The Corrugated Box Making Machine Market is anchored by corrugator lines, which generated USD 1.39 billion in 2025 and are projected to reach USD 2.26 billion by 2035. Corrugator lines remain the capital-intensive core of board production. Their purchasing cycle is governed by plant scale, paper-handling requirements, energy performance, and the ability to integrate quality control, splice management, and downstream converting operations. Demand is concentrated among large converters seeking throughput gains and more autonomous production environments.

Flexo folder gluers held a 22.0% revenue share in 2025 and are expected to grow at a 4.5% CAGR (2026-2035). FFG investment is supported by the operating needs of e-commerce, retail, and consumer-goods converters that must move efficiently between box styles and print requirements. Faster make-ready, servo-controlled registration, and integrated folding and gluing help plants improve line utilization while maintaining print and dimensional consistency.

Rotary die cutters generated USD 440 million in 2025 and are projected to grow at a 4.5% CAGR (2026-2035). Rotary die cutters are increasingly important where packaging specifications require precise cuts, complex box geometries, trays, or retail-ready formats. Their role expands as converters address higher SKU diversity and demand from electronics, food, pharmaceutical, and premium consumer-packaging applications.

Printer slotters accounted for a 10.0% revenue share in 2025 and are projected to hold a 9.2% share in 2035. The gradual shift in the printer-slotter mix reflects broader adoption of multifunction FFG platforms in high-volume plants. Printer slotters nevertheless retain a meaningful position in standard brown-box production and among converters that prioritize familiar operating practices and lower initial capital requirements.

Flatbed die cutters held an 8.0% revenue share in 2025 and are projected to reach USD 410 million by 2035. Flatbed systems serve applications in which creasing accuracy, intricate cutting, and display-oriented formats are more important than the continuous throughput associated with rotary platforms. Their demand profile is tied to premium retail packaging and corrugated formats requiring design flexibility.

Slitter scorers generated USD 180 million in 2025 and are projected to account for a 4.6% share in 2035. Slitter scorers are essential to the preparation of board for downstream conversion, so demand is primarily associated with modernization of existing corrugator operations. Investment is increasingly influenced by requirements for rapid setup, waste reduction, and compatibility with automated workflow controls.

Other equipment, including stackers, bundlers, and palletizers, represented a 5.0% revenue share in 2025 and are projected to grow at a 3.0% CAGR (2026-2035). Auxiliary equipment is gaining strategic importance as converters seek to eliminate bottlenecks outside the principal corrugating and converting processes. Automated end-of-line handling can improve safety, stabilize output, and connect packaging production more closely with intralogistics systems.

By Automation Level

Fully automatic machinery generated USD 1.90 billion in 2025 and is projected to represent 58.1% of market revenue in 2035. Fully automatic systems are increasingly specified by large converter groups because they combine higher throughput with lower operator dependence and greater production-data visibility. Their adoption is supported by plant designs that treat automation as a condition for consistent quality, predictable output, and scalable capacity.

Semi-automatic machinery held a 35.0% revenue share in 2025 and is projected to grow at a 3.5% CAGR (2026-2035). Semi-automatic equipment remains relevant to mid-sized converters that require a balance between production flexibility and capital affordability. Its position is increasingly challenged as labor costs and production-complexity requirements make the lifetime economics of fully automated equipment more compelling.

Manual machinery is projected to account for a 9.8% revenue share in 2035 and grow at a 1.5% CAGR (2026-2035). Manual platforms continue to serve small-scale and frontier-market operators, particularly where capital access, power reliability, or technical support limits automation adoption. Their relative decline reflects widening customer expectations for consistency, traceability, and economically viable throughput.

By Box Configuration

Single-wall machinery generated USD 1.64 billion in 2025 and is projected to represent 43.3% of revenue in 2035. Single-wall board remains the workhorse format for parcel shipping, food and beverage transport, and secondary packaging. Equipment demand is sustained by broad-based board consumption, although the configuration's relative share moderates as heavier-duty applications absorb a larger portion of investment.

Double-wall machinery is projected to reach USD 2.15 billion by 2035 and expand at a 4.5% CAGR (2026-2035). Double-wall equipment benefits from industrial shipping requirements that place a premium on compression strength, stacking performance, and damage protection. Growth is reinforced by the replacement of wooden crates and other rigid transport formats in applications requiring durable fiber-based packaging.

Triple-wall and multi-wall machinery held a 17.0% revenue share in 2025 and is projected to grow at a 5.2% CAGR (2026-2035). The multi-wall segment is supported by bulk industrial packaging, export logistics, machinery shipment, and high-stacking applications. Converter investment is increasingly directed toward lines that can produce robust structures while maintaining efficient processing of a varied board mix.

By Capacity

High-capacity lines are projected to reach USD 2.26 billion by 2035 and grow at a 5.0% CAGR (2026-2035). High-capacity equipment is favored by integrated packaging groups and large converters with continuous-run requirements. It is particularly relevant to greenfield plants serving high-volume fulfillment networks and to established plants replacing older lines with more productive systems that lower conversion costs.

Mid-capacity lines generated USD 1.46 billion in 2025 and are projected to account for a 40.4% revenue share in 2035. Mid-capacity systems address the broad base of regional converters that require production flexibility across board grades and box designs without the utilization risk associated with larger assets. Technology improvements are enabling these platforms to deliver more effective throughput while retaining a mid-range investment profile.

Low-capacity lines represented a 22.0% revenue share in 2025 and are projected to grow at a 3.0% CAGR (2026-2035). Low-capacity machinery is relevant to specialty producers, smaller plants, and on-demand packaging operations with shorter runs and diverse order profiles. Demand is sustained by customization requirements, though the segment is comparatively constrained by the movement of larger converters toward higher-throughput assets.

By End Use

Food and beverage equipment generated USD 1.02 billion in 2025 and is projected to hold a 25.7% revenue share in 2035. Food and beverage remains a foundational machinery end use because it requires continual supply of transport, retail-ready, and produce packaging. Its relative moderation reflects faster investment momentum in parcel-driven and specialized packaging applications rather than an erosion of underlying packaging demand.

E-commerce and retail equipment is projected to reach USD 1.56 billion by 2035 and grow at a 5.5% CAGR (2026-2035). E-commerce and retail demand favors flexible conversion systems capable of supporting high order variability, right-sizing, and branded shipping formats. Fulfillment-network expansion also creates opportunities for automated systems that bring corrugated conversion closer to the point of dispatch.

Electronics and electrical equipment held an 18.0% revenue share in 2025 and is projected to grow at a 4.5% CAGR (2026-2035). Electronics packaging requirements favor equipment that can deliver dimensional accuracy, high-quality printing, and dependable protection for dense or sensitive products. This supports demand for precision converting platforms among suppliers serving advanced manufacturing supply chains.

Pharmaceuticals and healthcare equipment is projected to reach USD 680 million by 2035 and held a 12.0% revenue share in 2025. Healthcare-related packaging investment is supported by expanding medical-device and pharmaceutical production, alongside demand for traceable, protective, and transport-ready corrugated formats. The segment favors converter capabilities that can accommodate specialized product handling and quality requirements.

Cosmetics and personal care equipment generated USD 260 million in 2025 and is projected to account for a 7.4% revenue share in 2035. Beauty and personal-care brands increasingly treat secondary packaging as a consumer-facing element, creating demand for high-quality print, finishing, and branded shipping formats. This benefits converters investing in equipment that supports visual differentiation without sacrificing line efficiency.

Other end uses, including textiles, agriculture, and chemicals, are projected to account for an 8.8% revenue share in 2035 and generated USD 360 million in 2025. These end uses provide a diversified demand base for corrugated machinery. Agricultural exports, industrial distribution, and apparel logistics create recurring requirements for formats that balance protective performance, freight efficiency, and sustainable-packaging objectives.

By Distribution Channel

Direct sales generated USD 2.48 billion in 2025 and are projected to represent 67.4% of market revenue in 2035. Direct engagement remains central to high-value corrugator and integrated converting projects because buyers require application engineering, installation coordination, commissioning, training, and long-term service support. The model also enables OEMs to maintain closer relationships with major converter groups.

Indirect sales are projected to reach USD 1.83 billion by 2035 and grow at a 4.6% CAGR (2026-2035). Distributor and agent networks are particularly important in markets where OEMs have limited local infrastructure. Channel partners can provide commercial reach, regulatory familiarity, maintenance coordination, and customer access in emerging equipment markets.

Corrugated Box Making Machine Market Regional Analysis

North America Corrugated Box Making Machine Market Analysis

The Corrugated Box Making Machine Market in North America generated USD 770 million in 2025 and is projected to account for an 18.0% global revenue share in 2035. North American demand is primarily replacement-led, with investment focused on corrugator modernization, automation upgrades, and fulfillment-oriented packaging systems. Large integrated producers influence procurement activity, while independent converter networks increasingly evaluate equipment on labor efficiency, uptime, and long-term service support.

United States

The United States generated USD 680 million in 2025 and is projected to grow at a 2.9% CAGR (2026-2035). U.S. machinery investment is supported by large, established box plant networks and e-commerce-linked conversion demand. Procurement is weighted toward replacement programs, connected operating systems, and systems that improve productivity within existing production footprints.

Canada

Canada held an 11.5% share of North American revenue in 2025 and is projected to reach USD 110 million by 2035. Canadian demand closely follows the investment behavior of cross-border integrated packaging groups. The smaller national market means that major line installations can have an outsized effect on annual equipment purchasing patterns.

Europe Corrugated Box Making Machine Market Analysis

Europe generated USD 840 million in 2025 and is projected to reach USD 1.15 billion by 2035. European converter investment is shaped by a mature installed base, high operating-cost sensitivity, and proximity to leading machinery manufacturers. Technology renewal, energy-conscious production, digital-print integration, and sophisticated aftermarket relationships are more consequential than broad-based greenfield capacity expansion.

Germany

Germany generated USD 180 million in 2025 and is projected to grow at a 3.5% CAGR (2026-2035). Germany's position reflects its dense converter base, advanced machinery ecosystem, and close OEM-customer service relationships. The country was Europe's largest corrugated-board producer in 2024, reinforcing the importance of reliable, high-performance equipment in domestic production networks.

United Kingdom

The United Kingdom is projected to reach USD 200 million by 2035 and held a 17.9% share of European revenue in 2025. UK equipment demand is influenced by converter consolidation and the need to rationalize production across larger plant networks. Investments increasingly emphasize higher-capacity systems that can consolidate volumes from older facilities while meeting customer expectations for packaging performance and service reliability.

France

France generated USD 140 million in 2025 and is projected to account for a 16.0% share of European revenue in 2035. French demand is underpinned by food and beverage packaging, organized retail, and the operating presence of major corrugated converter groups. Equipment investment favors systems capable of serving high-volume consumer markets while adapting to sustainability and efficiency requirements.

Italy

Italy is projected to account for a 15.2% share of European revenue in 2035 and grow at a 3.5% CAGR (2026-2035). Italy's market benefits from a significant domestic machinery-manufacturing base and strong demand from food, beverage, and export-oriented consumer-goods industries. The proximity of equipment engineering and service capabilities supports active modernization among local converters.

Spain

Spain held an 8.8% share of European revenue in 2025 and is projected to reach USD 100 million by 2035. Spanish converter demand is closely linked to fresh-produce exports and the high-throughput packaging requirements of agricultural supply chains. This favors flexible corrugating and FFG equipment that can efficiently manage short-run, seasonal, and varied-format production.

Rest of Europe

Rest of Europe is projected to hold a 20.8% share of European revenue in 2035 and generated USD 180 million in 2025. This group includes markets where e-commerce growth, manufacturing relocation, and progressive box-plant modernization are creating equipment opportunities. Eastern European converters in particular are upgrading capacity and automation as their customer base becomes more integrated with wider European production networks.

Asia Pacific Corrugated Box Making Machine Market Analysis

The Corrugated Box Making Machine Market in Asia Pacific generated USD 1.46 billion in 2025 and is projected to reach USD 2.49 billion by 2035. Asia Pacific is the principal expansion region because it combines rising corrugated consumption, growing e-commerce penetration, manufacturing investment, and comparatively strong demand for new box plants. The region also contains both premium global OEM opportunities and intense competition from domestic suppliers across the mid-range equipment market.

China

China generated USD 620 million in 2025 and is projected to grow at a 4.8% CAGR (2026-2035). China remains a major market for high-specification corrugator and converting systems while also serving as a competitive manufacturing base for lower-cost equipment. Premium OEM demand is concentrated among large integrated and export-oriented converters, while domestic suppliers exert pressure across more price-sensitive machine categories.

India

India is projected to reach USD 690 million by 2035 and represented a 19.9% share of Asia Pacific revenue in 2025. India's demand is supported by e-commerce adoption, manufacturing expansion, and the continued organization of corrugated packaging supply chains. Equipment requirements are broad, ranging from competitively priced systems for regional converters to high-capacity automated lines for larger packaging groups.

Japan

Japan is projected to reach USD 310 million by 2035 and grow at a 2.5% CAGR (2026-2035). Japan is characterized by a sophisticated installed base and investment focused predominantly on technology-led replacement. Precision engineering, advanced controls, and production optimization remain central considerations for converters operating in a mature domestic packaging market.

South Korea

South Korea generated USD 140 million in 2025 and is projected to grow at a 3.5% CAGR (2026-2035). South Korean demand is influenced by the packaging requirements of electronics, automotive, and export-oriented manufacturing. Equipment procurement favors high-speed, high-precision systems that can meet demanding quality and consistency standards.

Australia

Australia held a 6.0% share of Asia Pacific revenue in 2025 and is projected to reach USD 120 million by 2035. The Australian market is concentrated among a limited number of major integrated producers, making investment patterns sensitive to their replacement and capacity plans. Sustainability-driven packaging substitution provides an additional, though measured, basis for converting-equipment modernization.

Rest of Asia Pacific

Rest of Asia Pacific is projected to account for a 7.5% share of regional revenue in 2035 and grow at an 8.6% CAGR (2026-2035). Southeast Asian markets are benefiting from manufacturing relocation, local consumption growth, and expanding e-commerce infrastructure. The resulting greenfield plant activity creates opportunities for Chinese suppliers in value-oriented tiers and for premium OEMs serving multinational customers with more demanding specifications.

Latin America Corrugated Box Making Machine Market Analysis

Latin America generated USD 330 million in 2025 and is projected to reach USD 540 million by 2035. Regional demand is supported by the formalization of packaging supply chains, organized retail growth, food processing, and still-developing e-commerce fulfillment infrastructure. Cost competitiveness is a major procurement consideration, although premium OEMs retain positions where service capability and high-performance equipment are required.

Brazil

Brazil generated USD 180 million in 2025 and is projected to grow at a 5.0% CAGR (2026-2035). Brazilian demand is supported by agricultural exports, food processing, and domestic e-commerce. Converter investment is increasingly directed toward medium- and high-capacity equipment that can serve expanding packaging requirements while improving production economics.

Mexico

Mexico is projected to reach USD 190 million by 2035 and grow at a 5.5% CAGR (2026-2035). Mexico benefits from nearshoring-linked manufacturing investment and greater packaging demand from electronics, automotive, and consumer-goods production. Converters are investing in both capacity and quality improvements to meet the standards of multinational supply chains.

Argentina

Argentina held a 7.9% share of Latin American revenue in 2025 and is projected to account for a 6.5% share in 2035. Equipment demand in Argentina is constrained by macroeconomic volatility and the complexity of importing foreign-denominated capital goods. Investment remains episodic, leaving the country's relative market position dependent on broader economic conditions and financing availability.

Rest of Latin America

Rest of Latin America is supported by early-stage e-commerce development, packaged-food exports, and expanding organized retail networks. Markets across Colombia, Chile, Peru, Central America, and neighboring economies present longer-term opportunities as converter scale and customer-service requirements increasingly justify investment in more capable corrugating and converting assets.

Middle East & Africa Corrugated Box Making Machine Market Analysis

Middle East & Africa generated USD 180 million in 2025 and is projected to reach USD 310 million by 2035. The region's machinery demand is tied to domestic manufacturing expansion, food processing, retail modernization, and agricultural export packaging. Investment conditions differ significantly by country, but Gulf markets are increasingly relevant for larger-capacity projects while African markets offer longer-term opportunities as converter networks formalize.

Saudi Arabia

Saudi Arabia is projected to reach USD 110 million by 2035 and grow at a 6.5% CAGR (2026-2035). Industrial diversification, domestic food production, and packaging localization support demand for modern corrugated capacity in Saudi Arabia. OEM success is likely to depend on local service arrangements, project-execution capability, and the ability to support first-time and expansion-stage converter investments.

UAE

The UAE held a 27.5% share of Middle East & Africa revenue in 2025 and is projected to grow at a 6.0% CAGR (2026-2035). The UAE's logistics role and concentration of export-oriented commercial activity support investment in corrugated packaging systems. Converters require machinery capable of meeting multinational customer standards while supporting diverse product flows through regional distribution networks.

South Africa

South Africa generated USD 30 million in 2025 and is projected to grow at a 4.0% CAGR (2026-2035). South Africa remains the region's most established corrugated equipment market, supported by domestic retail, produce-export, and packaging-conversion activity. Energy costs, logistics challenges, and import exposure remain important constraints on the timing and scale of capital projects.

Rest of Middle East & Africa

Rest of Middle East & Africa held a 23.1% share of regional revenue in 2025 and is projected to account for a 20.9% share in 2035. This group includes markets with developing potential in food exports, horticulture, packaged foods, and urban retail. The opportunity will become more accessible as converter volumes rise sufficiently to support imported equipment, local technical services, and organized project financing.

Rest of World Corrugated Box Making Machine Market Analysis

Rest of World represented a 2.0% share of global revenue in 2025 and is projected to grow at a 4.4% CAGR (2026-2035). The cluster includes markets with selective demand from consumer-goods manufacturing, food processing, and periodic replacement procurement. Investment visibility is limited by trade restrictions and geopolitical uncertainty in certain markets, but converter modernization remains relevant where domestic packaging supply chains continue to develop.

Corrugated Box Making Machine Market Share & Competitive Landscape

The Corrugated Box Making Machine Market share structure is concentrated at the leading global OEM tier, with the top five companies collectively holding approximately 43.5% of market revenue in 2025. Competition is nevertheless multidimensional: full-line engineering capability, installed-base service, automation expertise, digital integration, local support, and price all influence equipment selection across different customer groups.

BHS Corrugated held a 21.3% market share in 2025. BHS Corrugated's position is supported by its full-line corrugator capability, global service presence, and connected-manufacturing proposition. Its agreement with Agfa for exclusive supply of single-pass inkjet engines to the BHS Jetliner series extends its positioning in digital-print-enabled corrugated production ^[4]. The company's competitive advantage is strongest where converters value integrated production architecture, lifecycle service, and operational data capabilities.

MarquipWardUnited / BW Forsyth held a 7.1% market share in 2025. MarquipWardUnited benefits from its North American installed base and breadth across web-direction equipment, slitter scorers, and rotary die-cutting systems. Its customer relationships are reinforced by aftermarket depth and the operational importance of dependable equipment support within large integrated box plant networks.

BOBST Group SA held a 6.4% market share in 2025. BOBST competes at the premium end of corrugated converting through equipment that emphasizes digital connectivity, inspection, production efficiency, and reduced make-ready time. Its participation in industry discussions on connected operations and AI-assisted service reflects the growing importance of digital capability in converter purchasing decisions.

Fosber S.p.A. competes directly in premium corrugator-line design, manufacture, and line integration. Brookfield announced an agreement to acquire Fosber from Guangdong Dongfang Precision in a carve-out transaction, which is expected to support Fosber's capacity for strategic investment and geographic expansion ^[3]. The company's engineering position is reinforced by its roots in Italy's established corrugated equipment manufacturing cluster.

Mitsubishi Heavy Industries P&P Machinery Ltd. maintains a strong position in high-speed corrugator systems, especially in Japan, South Korea, and export-oriented Asian converter markets. Its differentiation centers on precision web control, servo engineering, and the performance requirements of demanding thin-flute and multi-ply board production.

EMBA Machinery AB specializes in rotary die cutting and flexographic printing systems, particularly for European converters seeking precision and waste reduction. ISOWA Corporation retains a strong domestic Japanese position and serves broader Asia Pacific markets with corrugating and converting platforms suited to both integrated producers and regional converters.

Regional manufacturers are increasingly important in markets where local support, shorter lead times, and capital affordability shape buying decisions. Acme Machinery India Pvt. Ltd. and Natraj Corrugating Machinery Co. address India's growing domestic converter base, while Hsieh Hsu Machinery Co. Ltd. and TCY Machinery Mfg. Co., Ltd. serve Taiwanese and Southeast Asian customers. SUN Automation Group is active in North American aftermarket equipment and rebuild services, and Gopfert Maschinen GmbH retains a focused presence in European flexo printing and slotting.

Emerging suppliers are broadening the competitive field through on-demand and value-oriented models. Packsize International LLC and CMC S.p.A. address fulfillment-oriented, right-sized packaging applications, while Chinese manufacturers including Hebei Shengli Carton Equipment Manufacturing Co. Ltd., Qingdao Aopack On Demand Packaging Co. Ltd., Shanghai PrintYoung International Industry Co. Ltd., and Cangzhou DE PACK Packaging Machinery Co. Ltd. are extending their reach in price-sensitive converting-equipment categories. Tomasoni Indústria serves Latin American corrugated converter customers with Brazil-manufactured converting equipment, offering regional buyers locally supported machinery for mid-range converting applications. Zemat Technology Group provides automated carton-making and packaging systems, addressing converters seeking integrated automation solutions for corrugated and folding-carton packaging workflows.

Recent Industry Developments

Brookfield announced an agreement to acquire Fosber S.p.A. from Guangdong Dongfang Precision in December 2025. The transaction is expected to close in 2026, subject to applicable approvals, and could provide Fosber with additional resources for research and development, capacity investment, and international commercial expansion.

BHS Corrugated announced in November 2025 that Corr24 GmbH would become part of BHS Corrugated effective January 2026. The integration broadens BHS Corrugated's ability to support both its own installed base and third-party equipment, reinforcing the strategic importance of recurring service, technical support, and customer-retention capabilities.