Trade Trends
Global exports of machinery used for manufacturing paper and board boxes increased from $1.62B in 2019 to $2.19B in 2023, reflecting a strong 34.66% growth over five years. Annual data shows steady expansion, with accelerated momentum during 2022 and 2023.
This sustained growth mirrors rising global demand for advanced packaging machinery, fueled by the rapid expansion of e-commerce, increased focus on recyclable and sustainable packaging, and capacity expansion across manufacturing industries. As businesses modernize packaging operations to improve efficiency and sustainability, the sector continues to demonstrate resilience, innovation, and long-term growth potential.
Top Trading Countries
- China led global exports in 2024 with $465.54M, rising from $428.04M in 2023 and $260.75M in 2019. This reflects a 64.16% increase from 2019 to 2023 and a further 8.76% rise from 2023 to 2024.
- Switzerland exported $338.77M in 2024, slightly below $351.75M in 2023 but well above $241.85M in 2019. This marks a 45.44% increase from 2019 to 2023, followed by a 3.69% decline from 2023 to 2024.
- France reached $316.23M in 2024, down marginally from $322.38M in 2023 but up from $229.04M in 2019. This represents a 40.75% increase from 2019 to 2023 and a 1.91% dip from 2023 to 2024.
- Germany recorded $182.62M in 2024, compared to $219.45M in 2023 and $155.32M in 2019. This reflects a 41.29% increase from 2019 to 2023, followed by a 16.79% decline from 2023 to 2024.
- Italy posted $119.67M in 2024, down from $134.89M in 2023 but significantly higher than $84.93M in 2019. This marks a 58.83% increase from 2019 to 2023 and an 11.28% decrease from 2023 to 2024.
- Japan exported $102.43M in 2024, declining from $139.13M in 2023 and slightly below $106.75M in 2019. This reflects a 30.33% increase from 2019 to 2023, followed by a 26.38% drop from 2023 to 2024.
On the Rise
- Poland emerged as a high-growth exporter, with exports climbing from $3.64M in 2019 to $8.32M in 2023 and $11.09M in 2024. This represents a strong 128.87% increase from 2019 to 2023 and an additional 33.27% rise from 2023 to 2024.
Poland’s consistent expansion highlights its strengthening role in the global packaging machinery market, supported by improved manufacturing capabilities, competitive pricing, and growing export reach.
Disclaimer
These insights are based on available trade data and may not represent the full market reality.