5.6.13.1Vertical

Case Sealers, Cartoners & Erectors

Manufacturers of case packing, erecting, and sealing equipment.

Market snapshot

These figures describe Packaging Machinery (5.6.13), the segment that Case Sealers, Cartoners & Erectors sits within. They are not figures for Case Sealers, Cartoners & Erectors on its own.

Market size
~$17B
Growth
~6.6%CAGR (2017–22, nominal)
Companies
~922 firms
Firms by employee count

59.5% of firms have fewer than 20 employees: 549 micro-businesses, below most mandates.

The investable universe373 firms with 20+ employees
20–99
23663%
100–499
7821%
500+
5916%

Grew steadily on food and beverage automation, and it is one of the better-structured segments here: machines are specified into production lines, spare parts and changeover kits recur, and customers cannot easily switch supplier mid-life. Labor scarcity in food plants keeps the demand case intact through the cycle.

NAICS 333241, 333993. U.S. Census Bureau, 2022 Statistics of U.S. Businesses; U.S. Census Bureau, 2022 Economic Census.

Business model & economics

Revenue model

Machine sales plus aftermarket parts and service

Key economics

Revenue per firm
$18,116,219
Revenue per employee
$383,337
Employees per firm
48.4
Recurring revenue
Moderate–High

recurring parts and service

EBITDA margin
Specialty-engineering economics; rich aftermarket
Capex intensity
Moderate

Characteristics

  • Scale-driven: payroll is only 21% of revenue, so the cost base is assets, not headcount
  • Moderate strategic-buyer pool: 59 firms exceed 500 employees, so a scaled asset has buyers, but not many
  • Fragmented specialty OEMs being rolled up by platforms.
  • Automation, e-commerce, and sustainability drive demand.
  • Aftermarket parts and service recurring revenue.

NAICS 333241, 333993. U.S. Census Bureau, 2022 Statistics of U.S. Businesses; U.S. Census Bureau, 2022 Economic Census.

M&A deal context

Deal activityHigh

Who’s acquiring

  • Packaging-machinery platforms (ProMach et al.)
  • PE-backed roll-up sponsors
  • Automation strategics

What’s driving deals

  • Roll-up of niche machine builders.
  • Packaging-automation and sustainability demand.
  • Aftermarket and recurring-revenue capture.

Find Case Sealers, Cartoners & Erectors acquisition targets

Search Acquisera’s index for companies classified under Case Sealers, Cartoners & Erectors (5.6.13.1) and build a targeted deal pipeline.

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