DUBLIN--(BUSINESS WIRE)--The "Beverage Carton Packaging Machinery Market by Type (Horizontal End Side-Load, Top-Load, Wraparound, Vertical Leaflet, Vertical Sleeve), Functional Automation (Automatic, Semi-Automatic), Application, Region - Global Forecast to 2022" report has been added to Research and Markets' offering.
The beverage carton packaging machinery market is estimated at USD 746.9 million in 2017 and is projected to reach USD 840.7 million by 2022, at a CAGR of 2.39%.
The increasing consumption of beverages, mainly alcoholic drinks such as beer and vodka, drives the market for beverage packaging. Packaged beverages require protection against moisture and other environmental changes, which is the major challenge for the market.
The horizontal end side-load cartoners segment led the beverage carton packaging machinery market in 2016; this segment is projected to retain its leading position through 2022. Horizontal end side-load cartoners are most commonly used in the packaging industry owing to their characteristics such as compact footprint, flexible design, and affordable price. Horizontal end side-load cartoners are extensively used in low-speed applications and for products that have a stable base.
Based on application, the beverage carton packaging machinery market has been segmented into dairy products, soft drinks, and alcoholic beverages. The dairy products segment led the beverage carton packaging machinery market in 2016. With the consumers' growing demand for fresh products with longer shelf-life, dairy manufacturers are turning toward packaging solutions that ensure maximum decontamination.
The Asia Pacific beverage carton packaging machinery market is projected to grow at the highest CAGR between 2017 and 2022. Among all Asia Pacific countries, China was the largest market for beverage carton packaging machinery in 2016 and is projected to grow at the highest CAGR during the forecast period.
The increase in disposable income of individuals has led to a rise in demand for ready-to-drink products, which, in turn, has contributed to the growth of the beverage carton packaging machinery market in the Asia Pacific region. Furthermore, the evolving retail landscape in China also indirectly supports the beverage carton packaging machinery market growth.
Key Topics Covered:
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Macro Economic Overview
7 Beverage Carton Packaging Machinery Market, By Type
8 Beverage Carton Packaging Market, By Application
9 Beverage Carton Packaging Machinery, By Functional Automation
10 Beverage Carton Packaging Machinery, By Region
11 Competitive Landscape
12 Company Profiles
- ACG Worldwide
- Bosch Packaging Technology
- Bradman Lake Group
- Cornwell Products Packaging
- Gerhard Schubert
- GPI Equipment
- Imanpack Packaging and Eco Solutions
- Jacob White Packaging
- Langfang Best Crown Packing Machinery
- Loeschpack Verpackungstechnik
- Mitsubishi Electric
- N.R. Narong Group
- Nichrome Packaging Solutions
- Pakmatic Company
- R.A Jones Group
- Shenyang Beiya Beverage Machinery
- SIG Combibloc
For more information about this report visit https://www.researchandmarkets.com/research/zmt9bb/beverage_carton