Beverage Carton Packaging Machinery - Global Market Outlook (2020-2028)
According to Stratistics MRC, the Global Beverage Carton Packaging Machinery Market is accounted for $839.99 million in 2020 and is expected to reach $1106.11 million by 2028 growing at a CAGR of 3.5% during the forecast period. Changing ways of life of individuals, rising beverage utilization in emerging economies, mechanical improvement and rising demand for wine and wine sector globally are the major factors propelling the market growth. However, high initial costs and stringent government regulations for packaging are hampering the market growth.
Beverage carton packaging machinery is packaging equipment utilized for secondary packaging of beverages in cartons. This machinery is responsible for creating cartons around the primary packaging of beverages and filling the cartons in a safe way to ensure that the secondary packaging enhances the levels of protection during the logistics cycle of the products. The beverages cartons are lightweight and robust. It is considered safe for storing liquids as it protects the moisture. These machines are available in different types for packaging of varied kinds of cartons and can be customized according to the requirements. The end-user industry can choose based upon the speed specifications, style of packaging, the supply of packages, safety features, etc.
Based on functional automation, the automatic segment is going to have a lucrative growth during the forecast period owing to its better operating efficiency when compared with the counterpart. It helps to reduce the operating costs as well as cuts off the labour cost. The automatic mode of operation eliminates the need for continuous monitoring of the machine. Further, it improves the level of safety for the manpower. Moreover, it is efficient than semi-automated machinery and also guarantees minimal wastage and more output.
By geography, Asia Pacific is going to have a lucrative growth during the forecast period due to the rising focus on health and wellness across the region. In addition, increasing disposable income especially in countries such as China, and India is likely to augment the demand for premium beverage products, which, in turn, is anticipated to have a positive impact on the market.
Some of the key players profiled in the Beverage Carton Packaging Machinery Market include Bosch Packaging Technology, Bradman Lake Group Ltd., Cariba S.r.l, Douglas Machine Inc., EconoCorp Inc, Jacob White Packaging Ltd., KHS GmbH, Krones AG., Langfang Best Crown Packing Machinery, Mitsubishi Electric, Mpac Group plc, R.A. Jones, Sidel, Syntegon Technology GmbH, and Tishma Technologies.
• Horizontal End Side-Load Cartoner
• Top-Load Cartoner
• Vertical Leaflet/Couponing Equipment
• Vertical Sleeve Cartoners
• Wraparound Cartoner
Functional Automations Covered:
• Alcoholic Beverages
• Dairy Beverages
• Non-alcoholic Beverages (Soft Drinks)
Sales Channels Covered:
• Retail Stores
• Convenience Stores
• Online Stores
• North America
o Rest of Europe
• Asia Pacific
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o South Africa
o Rest of Middle East & Africa
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- Market share assessments for the regional and country-level segments
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- Covers Market data for the years 2019, 2020, 2021, 2025, and 2028
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
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