Beverage Carton Packaging Machinery Market Size, Share and Analysis By Type (Horizontal End Side-Load Cartoner, Top-Load Cartoner, Wraparound Cartoner, Vertical Leaflet, and Vertical Sleeve Containers), By Operation (Semi-automatic and Automatic), By Application (Alcoholic Beverages and Non-alcoholic Beverages), and Regional Forecast, 2024-2032
Report Format: PDF | Published Date: Ongoing | Report ID: FBI107301 | Status : UpcomingBeverage carton packaging machinery is packaging equipment commonly used for the secondary packaging of beverages in cartons. The machinery helps create cartons around the primary packaging of beverages and safely fills the cartons. The packaging also ensures that the level of protection during logistics and transport in the secondary packaging is improved. The beverage carton packaging machinery is experiencing massive growth due to the rising beverage consumption worldwide. Moreover, the rise in plastic waste concerns among consumers and its negative environmental impacts also fosters the development of the global beverage carton packaging machinery market. The increasing focus on functional automation to enhance productivity & innovations by the manufacturers also accelerates the market growth.
- For instance, on September 2022, a manufacturer of secondary packaging automation machinery and end-of-line automation solutions, ÉLITER Packaging Machinery, announced the launch of ESTRENA™ WAS-150 Wrap-Around Sleever. Wrap-Around Sleever, also called wrap-around cartoner, is a packaging machine that receives containers such as pots, tubs, trays, and bowls from upstream machines or by manual loading.
- On November 2021, SIG, an innovation and technology leader in aseptic carton packaging, launched SIG NEO, a significant innovation in filling technology. SIG NEO is the world’s fastest filling machine for family-size carton packs, with a speed of up to 18,000 packs per hour.
Increasing convenience, changing lifestyles, and rising consumer spending are the key factors propelling the global beverage carton packaging machinery market. The rapid growth in the beverage industry also has a positive impact on the overall market growth. In addition, the continuous development of technologies by manufacturers also drives the market's growth. Growing ready-to-drink beverages and massive demand for alcoholic & non-alcoholic beverages from the millennial population fosters the market growth of the beverage carton packaging machinery.
The high initial cost of setting up the plant is a key factor hampering the global beverage carton packaging machinery market growth. Various business risks, such as the lack of skilled& trained laborers and a steady increase in supply chain length with additional costs, are associated with developing production plants. It is thus expected to act as a significant restraint for smaller players as they are required to upgrade their processes and infrastructure with high investments. Moreover, the strict government regulations for packaging are also anticipated to hamper the market growth of the global beverage carton packaging machinery market.
IMPACT OF COVID-19 ON THE BEVERAGE CARTON PACKAGING MACHINERY MARKET
The COVID-19 pandemic harmed several industries worldwide. The imposed lockdowns and shutdowns affected the machinery sector for an extended time. The outbreak also affected product demand. The labor shortage caused a halt in the production of beverage cartons, thus affecting the beverage carton packaging machinery market. The scarcity of raw materials and supply chain disruptions caused a negative impact in the early stages, and running existing lines was quite difficult. However, the industry is expected to witness steady growth in the post-pandemic era owing to the rising demand for beverages worldwide.
KEY INSIGHTS
The report will cover the following key insights:
- Recent Advancements in Beverage Carton Packaging Machinery Market.
- Key Industry Trends.
- Regulatory Landscape for Beverage Carton Packaging Machinery Market.
- Key Industry Developments (Mergers, Acquisitions, and Partnerships).
- Impact of COVID-19 on the Market.
ANALYSIS BY TYPE
Based on the type, the market is segmented into horizontal end side-load cartoner, top-load cartoner, wraparound cartoner, vertical leaflet, and vertical sleeve containers. The horizontal end side-load cartoner type segment recorded the largest market share of the beverage carton packaging machinery market. Such cartoners are ideal for bulk product handling & they hold the ability to attain high speeds in high-demand applications.
ANALYSIS BY OPERATION
Based on the operation, the market is segmented into semi-automatic and automatic. The automatic mode of operation segment dominates the beverage carton packaging machinery market. The segment is witnessing massive growth as it offers several advantages, such as reducing operating and labor costs, improving worker safety, reducing waste, and maximizing uptime.
ANALYSIS BY APPLICATION
Based on the application, the market is segmented into pharmaceutical, personal care & cosmetics, and chemicals. The non-alcoholic beverages application segment dominated the global beverage carton packaging machinery market. The segment is experiencing rapid growth due to growing concerns regarding consuming contaminated water. The rising demand for soft drinks, sports drinks & bottled water also boosts the segment growth.
REGIONAL ANALYSIS
The beverage carton packaging machinery market has been studied across North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America dominates the market for beverage carton packaging machinery. Increasing demand for premium, ultra-premium, and ready-to-drink non-alcoholic beverages are critical factors for the growth. A growing focus on sustainability is driving the demand for environmentally friendly packaging in the European region, thus leading to the development of the beverage carton packaging machinery market. Asia Pacific is expected to witness fast growth owing to the rising focus on health & wellness and the increasing demand for functional beverages in the region. Latin America & the Middle East, and African regions will experience steady growth due to the rising demand for various alcoholic beverages.
KEY PLAYERS COVERED
The report will include profiles of key players such as Langfang Best Crown Packing Machinery, ACG Worldwide, KHS, Krones, GPI Equipment, Bosch Packaging Technology, Econocorp, Jacob White Packaging Ltd., Bradman Lake Group, Mitsubishi Electric, Jacob White Packaging Ltd, and Krones AG, among others.
SEGMENTATION
By Type | By Operation | By Application | By Geography |
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KEY INDUSTRY DEVELOPMENTS
- On October 2022, R.A JONES launched a new multipack speedup kit for the food and beverage sector, exceeding current industry packing speeds. The innovative speedup kit is an updated version of the Orbi-Trak that is previously patented R.A Jones carton feed technology found on the Criterion machines.
- On July 2021, SIG announced the partnership with Framptons, a contract packing solutions specialist, to introduce a new generation combidome filling machine in the United Kingdom. With the partnership, Framptons will support the plant-based sector to launch new beverages in SIG’s unique carton bottle portfolio.
- On September 2020, a global packaging solutions group, Mpac Group plc, announced the acquisition of Switchback Group Inc., a packaging machinery and automation solutions provider to the food, beverage, and healthcare markets.
- On July 2020, KHS announced a new feature of its high-tech machine Innopack Kisters. The machine can now quickly wrap up the beverages and food cans in the paper, which can be used to shrink the wrap-around cartons.
- Global
- 2023
- 2019-2022