04-Oct-2024 | Zion Market Research
As per analysts from Zion Market Research, the global beverage cartoners market was valued at USD 734.78 Million in 2023 and is projected to hit USD 1193.74 Million by 2032, with a compound annual growth rate (CAGR) of 5.54% during the forecast period 2024-2032. The beverage cartoners are the incorporation of different machines in a single unit.
The beverage cartoners are well-designed machines that fabricate cartons from flat blanks, make safe them by pre-cut tabs & slots, and lastly, seal by utilizing heat or adhesives. The global beverage cartoners market is mostly expanded in regions like North America and Europe. The global beverage cartoners market is projected to be mainly swayed by the high demand from applications like dairy products and fruit juices in the beverages industry.
Some of the key manufacturers in the market are SIG Combibloc Group, Inc., Tetra Pak, Econocorp, Inc., Krones AG, Elopak AS, RA Jones & Co. Inc., Visy Industries Holdings Pty Ltd., Gerhard Schubert, and Shanghai Joylong Industry Co. Ltd. Many regional and unrecognized contenders are anticipated to contribute to the worldwide beverage cartoners market during 2020–2026.
The beverage cartoners market is projected to be deeply benefitted by the surging influence toward ready-to-drink beverages and the augment in intake of aseptic packaging products. The beverage cartoners form packaging in such a manner that they are helpful for foodservice suppliers who do not have adequate storage space for putting refrigerators. Also, the ergonomics contemplation in the beverage cartoners is proven to be a driving aspect of the market. The key players in the beverage cartoners market are aiming to surge the manufacturing capacity by making it more ergonomic. The augmenting consumption of on-the-go food has resulted in the surge in demand for packaging solutions that augment the shelf-life of the product that drives the market of beverage cartoners.
The global beverage cartoners market is categorized on the basis of the product type, end-use application, output capacity, and geographical classification. Based on product type, the market is segmented into brick carton machines and gable top machines. Based on the output capacity, the market is divided into 9,000-12,000 packages/hr, below 9,000 packages/hr, 12,000-24,000 packages/hr and above 24,000 packages/hr. Based on the end-use application, the market is classified into fruit juices, dairy products, carbonated soda, RTD tea & coffee, water, and alcoholic beverages.
Based on the geographical analysis, the global beverage cartoners market is divided into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Germany has reported an impressive development in the manufacturing of beverage cartoners. Concerning value, it towers over other nations in Europe and beyond. Germany will contribute to over 10% of the worldwide beverage cartoners manufacturing in the coming years.
Browse the full “Beverage Cartoners Market - By Product Type (Brick Carton Machines and Gable Top Machines), By End-Use Application (Fruit Juices, Dairy Products, Carbonated Soda, RTD Tea & Coffee, Water, and Alcoholic Beverages), By Output Capacity (9,000–12,000 Packages/hr, Below 9,000 Packages/hr, 12,000–24,000 Packages/hr, and Above 24,000 Packages/hr), And By Region - Global Industry Perspective, Comprehensive Analysis, and Forecast, 2024 – 2032.” Report at https://www.zionmarketresearch.com/report/beverage-cartoners-market
The global beverage cartoners market is segmented as follows:
By product type:
By output capacity:
By end-use application:
By region:
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