The main players in the on-board machinery market are Sino Top Machinery Mfg. Ltd., Excellence Machinery Co., Limited, Dongguan Chang’an Yinon Hardware Machinery, KU Sodalamuthu & Co. (P) Ltd., PAKEA, Dongguan Yinon Machinery Co., Ltd., Paratech Machine-tools, Wuxi Yalian Edge Board Machinery , San (Qingdao) Machinery Co., Ltd., Wuxi Chuanglian Packaging Machinery Co., Ltd. and Paratech Machine-tools
Edge machines are used in the manufacture of protective packaging solutions. Dashboards are widely used to protect the edges of any product to be transported and require some protection so that the corners do not get damaged. Dashboards are often made of cardboard laminated together with adhesive in several layers to form a perfect right angle. Protective packaging solutions such as dashboards are gaining popularity with manufacturers as well as consumers in various end use industries. Manufacturers prefer it because this small precautionary measure reduces damage to the product during transportation and handling, which significantly reduces losses incurred as a result of it. Dashboards are gaining popularity among consumers as they help keep product quality intact and save time in returning damaged shipment and waiting period for returns.
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The rapid development of the logistics industry across the world due to increasing globalization is expected to strengthen the market demand for on-board machinery. Due to globalization, many nations in one way or another depend on their partner countries for various items. Of great importance is the need to deliver the final product with its original quality intact to the final destination. Protective packaging solutions such as dashboards or corner boards contribute significantly to securing the contents of the product and its packaging to prevent them from being damaged during the logistics operation. As a result, with the boom in the logistics industry, the edge panel market is expected to drive the growth of edge panel machinery market.
The growing trend towards automation in the manufacturing sector has also resulted in the significant development of edge machines over the years. In the manufacturing sector, players are looking for solutions that can be integrated into their existing production line and have the capacity to produce the final output with minimal human intervention. The ever increasing demand from manufacturers of fully automatic edgeboard machines that can be integrated with other types of machines is positively stimulating the growth of the target market.
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One of the key success factors for edge panels is the continued increase in demand for sustainable packaging solutions. Border panels are made from cardboard which is often made from recycled materials and can also be reused as well as recycled. The rapid growth in general consumer awareness of sustainable products and the continued efforts by manufacturers to reduce their carbon footprint are increasing the demand for edge panels in the market.
In the edge panel machinery market, the major players all over the world are focused on expanding their operations and entering the market into emerging countries. As most of the emerging countries are important suppliers of raw materials and semi-finished products to developed economies, the demand for protective packaging solutions is considerably high. Manufacturers in the Edge Panel Machine market are focused on expanding their operations into smaller emerging economies.
As a result of the Covid-19 pandemic, demand for the on-board machinery market has suffered a severe blow. This is mainly due to restrictions imposed by several countries on the logistics and transport of non-essential items. The logistics industry during the pandemic was severely hampered around the world. As edge panels are widely used in the logistics industry as protective packaging solutions, its demand has also suffered. In addition, many manufacturers have taken cost-cutting measures in order to bear the losses due to the pandemic, which has led to a decrease in the demand for relatively expensive automatic edgeboard machines in the market.
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The steady increase in exports and the drastic growth of the manufacturing sector in countries like India, China and Japan in the Asia-Pacific region are boosting the market demand for edge panel machines in the region. In addition, favorable national government policies and subsidies aimed at boosting the domestic manufacturing sector in this region are supporting the growth of the target market. North America and Europe are relatively mature markets that generate constant demand for edge panel machines and are growing at a steady pace.
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