New York, United States, Dec. 04, 2023 (GLOBE NEWSWIRE) -- The Global Beverage Carton Packaging Machinery Market Size is to grow from USD 1.05 Billion in 2022 to USD 1.68 Billion by 2032, at a Compound Annual Growth Rate (CAGR) of 4.8% during the forecast period.
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Beverage carton packaging machinery plays a pivotal role in the efficient and automated packaging of liquid beverages, including milk, juice, and various non-alcoholic and alcoholic drinks. This specialized equipment is designed to handle the entire packaging process, from carton forming and filling to sealing and labeling. These machines are characterized by their precision, speed, and versatility, allowing manufacturers to package a wide range of beverage types and sizes. Key components of beverage carton packaging machinery include carton forming units, filling stations, sealing mechanisms, and labeling systems, all integrated into a seamless production line.
Browse key industry insights spread across 200 pages with 120 market data tables and figures & charts from the report on the "Global Beverage Carton Packaging Machinery Market Size, Share, and COVID-19 Impact Analysis, By Type (Horizontal End Side-Load Cartoner, Top-Load Cartoner, Wraparound Cartoner, and Others), By Mode of Operation (Semi-automatic and Automatic), By Application (Dairy Beverages, Alcoholic Beverages, and Non-alcoholic Beverages), By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2022 – 2032."
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In 2022, the horizontal end side-load cartoner segment accounted for around 35.4% market share
On the basis of the type, the global beverage carton packaging machinery market is segmented into horizontal end side-load cartoner, top-load cartoner, wraparound cartoner, and others. The horizontal end side-load cartoner type segment has secured the largest revenue share in the beverage carton packaging machinery market due to its versatility and efficiency. These cartoners are adept at handling a wide range of beverage packaging formats, including bottles, cans, and Tetra Pak-style cartons, making them a preferred choice for manufacturers looking for flexible solutions.
The automatic segment is expected to grow at a CAGR of around 5.1% during the forecast period
Based on the mode of operation, the global beverage carton packaging machinery market is segmented into semi-automatic and automatic. The automatic segment is poised for significant growth during the forecast period in the beverage carton packaging machinery market. This growth is driven by the increasing demand for streamlined and highly efficient packaging processes. Automatic machinery offers advantages such as higher production speeds, reduced labor costs, and improved precision. With the beverage industry's growing emphasis on cost-effectiveness, productivity, and consistent quality, manufacturers are increasingly opting for automatic carton packaging machinery to meet these requirements.
The non-alcoholic beverages segment held the largest market with more than 37.5% revenue share in 2022
Based on the application, the global beverage carton packaging machinery market is segmented into dairy beverages, alcoholic beverages, and non-alcoholic beverages. The dominance of the non-alcoholic beverages application segment in the beverage carton packaging machinery market can be attributed to several factors. Non-alcoholic beverages, including soft drinks, juices, and dairy products, have witnessed consistent and robust consumer demand, driven by health-conscious trends and a preference for convenient, ready-to-drink options. As these beverages often require efficient and eco-friendly packaging solutions, carton packaging machinery perfectly aligns with these requirements.
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Asia-Pacific is predicted to grow at a significant CAGR of around 5.2% over the projected period
Based on region, Asia-Pacific is projected for significant growth in the beverage carton packaging machinery market during the forecast period. This growth can be attributed to the region's booming beverage industry, driven by increasing urbanization, rising disposable incomes, and changing consumer preferences. As demand for packaged beverages surges, manufacturers in Asia-Pacific are investing in modern packaging machinery to enhance efficiency and meet diverse market needs. Additionally, the region's focus on cost-effective production and scalability aligns with the adoption of these technologies, making it a promising hub for expansion in the global beverage carton packaging machinery market.
North America has consistently held the largest market share in the beverage carton packaging machinery market due to a well-established and highly competitive beverage industry, including major players in soft drinks, dairy products, and juices, driving the demand for advanced packaging solutions. The region places a strong emphasis on sustainability and eco-friendly packaging, aligning with the eco-conscious trends in the market.
Competitive Analysis:
The report offers the appropriate analysis of the key organizations/companies involved within the global market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market. Major players in the global beverage carton packaging machinery market include R.A. Jones, Bradman Lake Group Ltd., Jacob White Packaging Ltd., Mpac Group plc, KHS GmbH, Douglas Machine Inc., Sidel, Krones AG., EconoCorp Inc., Tishma Technologies, Syntegon Technology GmbH, Cariba S.r.l. and others.
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Recent Developments
- In April 2023, Syntegon Technology GmbH announced the availability of LFS filling technology, which is appropriate for filling a wide range of liquid and viscous food items such as sauces, dips, and salads and is energy-efficient.
- In June 2023, Bradman Lake has unveiled the new Intelligent Motion Feeder (IMF), which is powered by Rockwell Automation's iTRAK intelligent track technology. The IMF is equipped with servo-driven linear guided carriers that can handle a continuous stream of arbitrarily spaced goods, removing the need for traditional feeders. It provides fast processing, enhanced packing efficiency, quick changeover, simple cleaning, and a small footprint.
Market Segment
This study forecasts revenue at global, regional, and country levels from 2019 to 2032. Spherical Insights has segmented the global beverage carton packaging machinery market based on the below-mentioned segments:
Beverage Carton Packaging Machinery Market, By Type
- Horizontal End Side-Load Cartoner
- Top-Load Cartoner
- Wraparound Cartoner
- Others
Beverage Carton Packaging Machinery Market, By Mode of Operation
- Semi-automatic
- Automatic
Beverage Carton Packaging Machinery Market, By Application
- Dairy Beverages
- Alcoholic Beverages
- Non-alcoholic Beverages
Beverage Carton Packaging Machinery Market, Regional Analysis
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- UK
- France
- Italy
- Spain
- Russia
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Rest of Asia Pacific
- South America
- Brazil
- Argentina
- Rest of South America
- Middle East & Africa
- UAE
- Saudi Arabia
- Qatar
- South Africa
- Rest of Middle East & Africa
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