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Beverage 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.
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.
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.
The report will cover the following key insights:
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.
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.
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.
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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.
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.
By Type | By Operation | By Application | By Geography |
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