Corrugated Packaging Software Market size is set to grow by USD 12.57 million from 2024-2028, Availability of packaged software solution to boost the market growth, Technavio

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.

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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. 

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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.

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Segment Overview 

This corrugated packaging software market report extensively covers market segmentation by

1. Deployment 
• 1.1 On-premises
• 1.2 Cloud
2. Type 
• 2.1 Packaged
• 2.2 Standalone
3. 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.

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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
• On-premises
• Cloud
• Type
• Packaged
• Standalone
• 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: [email protected]
Website: www.technavio.com/

SOURCE Technavio

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