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.
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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.
Types Covered in Beverage Carton Packaging Machinery Market
• Horizontal End Side-Load Cartoner
• Top-Load Cartoner
• Vertical Leaflet/Couponing Equipment
• Vertical Sleeve Cartoners
• Wraparound Cartoner
Functional Automations Covered:
• Automatic
• Semi-automatic
Applications Covered:
• Alcoholic Beverages
• Dairy Beverages
• Non-alcoholic Beverages (Soft Drinks)
Sales Channels Covered:
• Hypermarket/Supermarket
• Retail Stores
• Convenience Stores
• Online Stores
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