NEW
YORK, June 21, 2024 /PRNewswire/ -- The
global corrugated packaging software market size is
estimated to grow by USD
12.57 billion from 2024-2028, according to Technavio.
The market is estimated to grow at a CAGR of 15.7%
during the forecast period. Availability of packaged
software solution is driving market growth, with a trend
towards availability of cloud-based software.
However, problems related to customization and flexibility
poses a challenge. Key market players include Abaca Systems
Ltd., Advantive, AICOMP Consulting GmbH, Amtech Software LLC, Arden
Software Ltd., Dexciss Technology Pvt. Ltd., Eastern Software
Systems Pvt. Ltd., Electronics For Imaging Inc., Epicor Software
Corp., Erpisto, Esko Graphics BV, Finsys ERP, Onesys Ltd., Oracle
Corp., Prestige Atlantic Asia Sdn Bhd, RITC Pvt. Ltd., Sistrade
Software Consulting SA, theurer.com GmbH, Volume Software, and
WITRON Logistik Informatik GmbH.
Get a detailed analysis on regions, market segments, customer
landscape, and companies - Click for the snapshot of this
report
Forecast
period
|
2024-2028
|
Base Year
|
2023
|
Historic
Data
|
2018 - 2022
|
Segment
Covered
|
Deployment (On-premises
and Cloud), Type (Packaged and Standalone), and Geography (APAC,
North America, Europe, Middle East and Africa, and South
America)
|
Region
Covered
|
APAC, North America,
Europe, Middle East and Africa, and South America
|
Key companies
profiled
|
Abaca Systems Ltd.,
Advantive, AICOMP Consulting GmbH, Amtech Software LLC, Arden
Software Ltd., Dexciss Technology Pvt. Ltd., Eastern Software
Systems Pvt. Ltd., Electronics For Imaging Inc., Epicor Software
Corp., Erpisto, Esko Graphics BV, Finsys ERP, Onesys Ltd., Oracle
Corp., Prestige Atlantic Asia Sdn Bhd, RITC Pvt. Ltd., Sistrade
Software Consulting SA, theurer.com GmbH, Volume Software, and
WITRON Logistik Informatik GmbH
|
Key Market Trends Fueling Growth
The corrugated packaging software market shift from on-premises
to cloud-based deployment brings significant cost savings. In
traditional models, high upfront licensing and implementation
costs, plus ongoing maintenance, add to the total cost of ownership
(TCO). Cloud-based solutions, however, offer reduced IT
administration needs and a pay-per-use pricing model. Furthermore,
cloud vendors provide various connection options, eliminating the
need for costly connection creation within an enterprise's IT
infrastructure. Key players like SAP SE, Oracle Corp., and Epicor
Software Corp., offer these cloud-based solutions.
The corrugated packaging software market is currently
experiencing significant growth, driven by advances in technology
and increasing demand for efficient packaging solutions.
Three-dimensional printing and virtual reality technology are key
trends in this market, enabling customized and sustainable
packaging designs. Reusable and recyclable boxes are also gaining
popularity, aligning with the global shift towards sustainability.
The sector is further boosted by the rise of e-commerce,
necessitating faster and more reliable delivery systems. Boxes with
improved protection and tracking capabilities are in high demand to
ensure safe transit of goods. The market is expected to continue
expanding, offering numerous opportunities for businesses in the
packaging industry.
Research report provides comprehensive data on impact of trend.
For more details- Download a Sample Report
Market Challenges
- The Corrugated Packaging Software Market faces challenges in
terms of customization and flexibility. These issues hinder users
from effectively adapting to business needs. Customization allows
users to tailor the software to their unique requirements, while
flexibility ensures the software can handle various design
challenges and packaging modifications. Inefficiencies arise when
software cannot support design variations or meet specific customer
needs, forcing users to manually modify processes or search for
workarounds. These factors may impede market growth during the
forecast period.
- The corrugated packaging software market faces several
challenges. Three-dimensional printing and recycling are emerging
trends, requiring software solutions to adapt. Integration with
other systems, such as ERP and WMS, is essential but complex.
Real-time analytics and reporting are necessary for efficient
operations. The need for customization and scalability is
increasing. Colors and finishes vary, requiring versatile software.
Pricing and cost control are ongoing concerns. Technical support
and training are necessary for successful implementation. Overall,
software providers must address these challenges to meet the
evolving needs of the corrugated packaging industry.
For more insights on driver and
challenges - Download a Sample Report
Segment Overview
This corrugated packaging software market report extensively
covers market segmentation by
- Deployment
- 1.1 On-premises
- 1.2 Cloud
- Type
- 2.1 Packaged
- 2.2 Standalone
- Geography
- 3.1 APAC
- 3.2 North America
- 3.3 Europe
- 3.4 Middle East and
Africa
- 3.5 South America
1.1 On-premises- The corrugated packaging
software market is experiencing significant growth due to the
increasing demand for automated and efficient packaging solutions.
Companies are investing in these systems to streamline their
operations, reduce costs, and improve product quality. The software
enables real-time monitoring of production processes, inventory
management, and order fulfillment, making it an essential tool for
businesses in various industries. Additionally, the integration of
barcode scanning and RFID technology enhances the traceability and
accuracy of the packaging process. Overall, the adoption of
corrugated packaging software is a strategic move for businesses
seeking to remain competitive in today's market.
For more information on market segmentation with geographical
analysis including forecast (2024-2028) and historic data (2018 -
2022) - Download a Sample Report
Research Analysis
The Corrugated Packaging Software Market encompasses solutions
designed for the production and management of wood, metal, and
plastic packaging, with a focus on sustainability. Key features
include support for sustainable packaging practices, such as
biodegradability and recycling. Advanced technologies like 3D
printing and virtual reality are increasingly integrated into these
systems. The software caters to various packaging types, including
Rigid Boxes, Self-Erecting Boxes, Telescope Boxes, and Slotted
Boxes. It also integrates with Manufacturing Execution Systems,
Warehouse Management Systems, Inventory Management, Order
Management, Reporting and Analytics. Industries like Food and
Beverages and Healthcare significantly contribute to the market's
growth.
Market Research Overview
The Corrugated Packaging Software Market is a significant
segment in the broader packaging industry. This market is driven by
the increasing demand for automated and efficient packaging
solutions. The software enables corrugated box manufacturers to
streamline their production processes, optimize box design, and
manage inventory. Features such as real-time analytics,
customizable templates, and integration with other systems are key
factors fueling the market's growth. Additionally, the growing
e-commerce sector and the need for secure and sustainable packaging
solutions are further boosting the market. The software also helps
in reducing wastage, improving productivity, and ensuring
regulatory compliance. Overall, the Corrugated Packaging Software
Market is poised for steady growth in the coming years.
Table of Contents:
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation
- Deployment
-
- Type
-
- Geography
-
- APAC
- North America
- Europe
- Middle East And Africa
- South America
7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix
About Technavio
Technavio is a leading global technology research and advisory
company. Their research and analysis focuses on emerging market
trends and provides actionable insights to help businesses identify
market opportunities and develop effective strategies to optimize
their market positions.
With over 500 specialized analysts, Technavio's report library
consists of more than 17,000 reports and counting, covering 800
technologies, spanning across 50 countries. Their client base
consists of enterprises of all sizes, including more than 100
Fortune 500 companies. This growing client base relies on
Technavio's comprehensive coverage, extensive research, and
actionable market insights to identify opportunities in existing
and potential markets and assess their competitive positions within
changing market scenarios.
Contacts
Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/
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SOURCE Technavio