Global Beverage Carton Packaging Machinery Market Size By Type (Horizontal End Side-Load, Top-Load, Wraparound), By Form (Automatic, Semi-Automatic), By Application (Alcoholic Beverages, Soft Drinks), By Geographic Scope And Forecast

Beverage Carton Packaging Machinery Market Size And Forecast

Beverage Carton Packaging Machinery Market size was valued at USD 990.80 Billion in 2020 and is projected to reach USD 1486.16 Billion by 2028, growing at a CAGR of 5.28% from 2021 to 2028.

Rising concerns over plastic waste and its harmful impacts on the environment including increasing demand for beverages are predicted to drive demand for beverage carton packaging machinery over the projected period. The Global Beverage Carton Packaging Machinery Market report provides a holistic evaluation of the market. The report offers comprehensive analysis of key segments, trends, drivers, restraints, competitive landscape, and factors that are playing a substantial role in the market.

Global Beverage Carton Packaging Machinery Market Definition

Think about packaging – it's everywhere! From the individual wrapper on your candy bar to the boxes things are shipped in. Packaging machinery handles it all, across tons of processesmaking the package, cleaning it out, filling it up, sealing it tight, putting things together, slapping on labels, wrapping it all up again, and even stacking it on pallets. Some of these steps? Just plain impossible without the right equipment. Take heat sealing, for instance. So many packages use heat seals to keep things fresh or secure! You need a heat sealer, even if you're doing things by hand. And in many industries, like food or medicine, getting that seal just right is super important for safety. We're talking carefully controlled operations with documented checks and balances because food, drug, and medical rules demand those perfect, consistent seals. You absolutely need the right equipment!

In the beverage packaging landscape, the major types of materials and components include flexible plastics, rigid plastics, paper & board, glass, rigid metal, closures, and labels. Types of packaging include can, bottles, cartons, pouch, and others. Cartons are highly popular among the consumers since they are unbreakable, light, and keep the quality of the products. They are even popular among vendors.

Global Beverage Carton Packaging Machinery Market Overview

Rising concerns over plastic waste and its harmful impacts on the environment including increasing demand for beverages are predicted to drive demand for beverage carton packaging machinery over the projected period. Additionally, changing lifestyles coupled with an increasing focus on convenience is driving the demand for ready-to-drink beverages, which in turn is likely to have a positive impact on the growth of the marketplace for beverage carton packaging machinery. Moreover, the general growing beverage industry across the world is further anticipated to drive the demand for beverage carton packaging machinery over the approaching years.

The rising focus on functional automation to enhance productivity coupled with an increasing variety of beverage products is driving the demand for high-speed beverage carton packaging machinery. Moreover, there’s also an increasing demand for compact beverage carton packaging machinery from several end-use application industries.

Global Beverage Carton Packaging Machinery MarketSegmentation Analysis

The Global Beverage Carton Packaging Machinery Market is segmented based on Type, Form, Application, and Geography.

Beverage Carton Packaging Machinery Market, By Type

• Horizontal End Side-Load
• Top-Load
• Wraparound
• Vertical Leaflet
• Vertical Sleeve

Based on Type, the market is bifurcated into Horizontal end side-load, Top-load, Wraparound, Vertical leaflet, and Vertical sleeve. The horizontal end side-load cartoner erects a folded and side seam sealed carton, which is further placed on a horizontal mechanism and is filled horizontally through the open end of the carton before being closed in the machine. These cartons are ideal for bulk product handling and possess the ability to attain high speeds in high demand applications.

Beverage Carton Packaging Machinery Market, By Form

• Automatic
• Semi-Automatic

Based on Form, the market is segmented into Automatic and Semi-automatic. The Automatic mode of operation segment dominated the market and held a revenue share of 68.4% and is predicted to continue its dominance over the forecast period. The automatic mode of operation segment is predicted to progress at a CAGR of 5.1% within the marketplace for beverage carton packaging machinery over the forecast period.

Automation offers several advantages, including a discount in operating and labor costs, improvement in worker safety, and waste reduction, which also maximizes the uptime. Labor shortages, most notably in sparsely populated countries including a growing specialization in product quality consistency are expected to drive the expansion of the automated segment.

Beverage Carton Packaging Machinery Market, By Application

• Alcoholic Beverages
• Soft Drinks
• Dairy Beverages

Based on Application, the market is bifurcated into Alcoholic beverages, Soft drinks, and Dairy beverages. The Alcoholic Beverages application segment is anticipated to have the highest CAGR of 5.3% over the forecast period. This segment primarily includes spirits, wine, and beer. Increasing demand for alcoholic beverages, especially from the millennial population is expected to have a positive impact on the growth of the marketplace for beverage carton packaging machinery. Furthermore, increasing purchasing power in developing economies is further expected to drive the demand for alcoholic beverages.

Beverage Carton Packaging Machinery Market, By Geography

• North America• Europe• Asia Pacific• Rest of the world

Based on Geography, the Global Beverage Carton Packaging Machinery Market is classified into North America, Europe, Asia Pacific, and Rest of the world. In North America, the market is anticipated to witness a CAGR of 4.6% over the forecast period. Increasing demand for premium and ultra-premium beverages coupled with rising demand for ready-to-drink non-alcoholic beverages is expected to have a positive impact on the market for beverage carton packaging machinery in the region.

Besides, the growing cocktail culture and social media are further likely to increase the demand for bourbon whiskeys in the coming years. Moreover, rising demand for a variety of alcoholic beverages such as craft beer, canned wine, and pre-bottled cocktails is expected to benefit the market growth over the forecast period.

Key Players

The “Global Beverage Carton Packaging Machinery Market” study report will provide a valuable insight with an emphasis on the global market. The major players in the market are R.A. Jones, Bradman Lake Group Ltd., Jacob White Packaging Ltd., Mpac Group plc, KHS GmbH, Douglas Machine Inc., Sidel, Krones AG., EconoCorp Inc, and Tishma Technologies. The competitive landscape section also includes key development strategies, market share, and market ranking analysis of the above-mentioned players globally.

Key Developments

Partnerships, Collaborations and Agreements

• On March 2017, R A JONES and VOLPAK has done a collaboration leverages R A JONES a U.S. based manufacturing and service infrastructure and VOLPAK’S premium line of equipment to provide customers with one of the strongest pouch packaging manufacturing teams available in the U.S. market.

Mergers and Acquisitions

• On September 2020, Mpac Group plc, a global packaging solutions group, has acquired Switchback Group Inc., a provider of packaging machinery and automation solutions to the food and beverage and healthcare markets.

Product Launches and Product Expansions

• On February 2018, Graphic Packaging International Inc. has announced its plans to invest $41.5m to upgrade machinery for the production of beverage packaging paperboard in West Monroe. This investment will help in increasing the production capacity of the company and will show a positive impact on the company’s revenue.
• On July 2020, KHS has announced a new feature of its high-tech machine Innopack Kisters. The machine can now quickly wrap up the beverages and foods can in the paper which can be used to shrink the wrap-around cartons.

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