Converting Equipment Market Report 2026

The converting equipment market size has grown steadily in recent years. It will grow from $44.5 billion in 2025 to $46.25 billion in 2026 at a compound annual growth rate (CAGR) of 3.9%. The growth in the historic period can be attributed to growth of packaging and labeling industries, rising demand for efficient material processing, availability of advanced cutting and folding technologies, expansion of consumer goods manufacturing, increasing automation in production.

The converting equipment market size is expected to see strong growth in the next few years. It will grow to $56.38 billion in 2030 at a compound annual growth rate (CAGR) of 5.1%. The growth in the forecast period can be attributed to increasing adoption of smart manufacturing systems, rising demand for sustainable packaging, expansion of pharmaceutical and food packaging, growing focus on operational efficiency, increasing use of digital monitoring solutions. Major trends in the forecast period include increasing adoption of fully automatic converting lines, rising demand for high-speed converting equipment, growing integration of smart sensors, expansion of flexible packaging production, enhanced focus on waste reduction.

The growth of the manufacturing industry is expected to drive the expansion of the converting equipment market in the future. The manufacturing industry involves the production of goods from raw materials using tools, equipment, labor, machines, and chemical or biological processes. Converting equipment plays a crucial role in the manufacturing sector, particularly for packaging and containers, enhancing production efficiency, automation, and enabling customization and personalization. For example, in July 2023, Eurostat, a government statistical agency based in Luxembourg, reported a 0.2% increase in industrial output in the European area, while the European Union saw a 0.1% increase between May and April 2023. As a result, the growing manufacturing industry is a key driver for the growth of the converting equipment market.

Major companies operating in the converting equipment market are focusing on technological advancements, such as high-speed inline finishing systems, to meet the increasing demand for faster production, higher efficiency, and improved customization in label and packaging applications. High-speed inline finishing systems combine multiple converting processes, including laminating, die-cutting, and slitting, into a single automated workflow, minimizing downtime and manual intervention compared to traditional standalone machines. For example, in September 2025, B+W PaperSystems, a US-based manufacturer of paper and label converting equipment, introduced the Speedliner X, an advanced inline finishing system. The Speedliner X incorporates a modular design compatible with various label substrates, precision die-cutting technology, and high-speed lamination capabilities, allowing converters to achieve quicker turnaround times and consistent output quality. Its compact layout and user-friendly digital controls optimize operations and reduce waste, making it well-suited for both short and long production runs in flexible packaging and label markets.

In November 2023, CORE Industrial, a US-based industrial machinery manufacturer, acquired General Converting Inc. for an undisclosed amount. This acquisition is intended to strengthen CORE Industrial's packaging solutions, expand its product range, and increase its customer base. General Converting Inc. is a US-based company specializing in packaging and container manufacturing.

Major companies operating in the converting equipment market are Nordson Corporation, Bobst Group SA, Davis-Standard LLC, Paper Converting Machine Company, Mark Andy Inc., Kampf Machinery Corporation, C. G. Bretting Manufacturing Co. Inc., Rotometrics International Ltd., Nordmeccanica Group, Comexi Group, Parkinson Technologies Inc., Karlville Development LLC, Ghezzi & Annoni S.R.L., Elsner Engineering Works Inc., New Era Converting Machinery Inc., Ashe Converting Equipment, Catbridge Machinery LLC, Atlas Converting Equipment Ltd., AZCO Corp, Universal Converting Equipment, Maxson Automatic Machinery Company, Schober USA Inc., Uteco Converting S.p.A., Valmet Oyj.

Asia-Pacific was the largest region in the converting equipment market in 2025. The regions covered in the converting equipment market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the converting equipment market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The converting equipment market consists of sales of lamination machines, coating machines, and bagging machines. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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