Beverage Carton Packaging Machinery Market 2023 - By Industry Demand, Sales, Growth Rate, Key Application, Future Trends And Outlook By 2032

The Business Research Company's global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

The Business Research Company's Beverage Carton Packaging Machinery Global Market Report 2023 identifies increase in the use of green packaging materials as the major driver for the Beverage Carton Packaging Machinery market's growth in the forecast period. Green packaging, also known as sustainable packaging, employs components and production methods to lower energy consumption and lessen the damaging effects of packaging on the environment. Carton packaging is one of the sustainable packaging options that is increasing the need for beverage carton packaging machinery.

The global beverage carton packaging machinery market size is expected to grow from $1.09 billion in 2022 to $1.15 billion in 2023 at a compound annual growth rate (CAGR) of 5.4%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The beverage carton packaging machinery market is expected to grow to $1.39 billion in 2027 at a CAGR of 5.0%.

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Major competitors in the Beverage Carton Packaging Machinery market are KHS GmbH, Econocorp Inc., Jacob White Packaging, Bradman Lake Group, Mpac Group plc., Douglas Machine Inc., Sidel, Krones AG.

A key trend in the Beverage Carton Packaging Machinery market includes technological advancement. Major companies in the beverage carton packaging machinery market are advancing in their new technologies, research, and developments to gain a competitive edge in the market. For instance, in July 2020, KHS Group, a German-based manufacturer of filling and packaging equipment for the beverage, food, and non-food sectors, launched a new technology machine, Innopack Kisters. The innovative technology from KHS offers an alternative to wrap-around cartons and shrink film.

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The Beverage Carton Packaging Machinery market is segmented -

• By Type: Horizontal end side-load, Top-load, Wraparound, Vertical Leaflet, Vertical Sleeve
• By Form: Automatic, Semi-automatic
• By Application: Alcoholic beverages, Soft drinks, Dairy beverages
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the Beverage Carton Packaging Machinery market.

The Business Research Company's "Global Beverage Carton Packaging Machinery Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.

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The Table Of Content For The Beverage Carton Packaging Machinery Market Include:

1. Executive Summary
2. Beverage Carton Packaging Machinery Market Characteristics
3. Beverage Carton Packaging Machinery Market Trends And Strategies
4. Beverage Carton Packaging Machinery Market - Macro Economic Scenario
5. Beverage Carton Packaging Machinery Market Size And Growth
………………………………..
26. Africa Beverage Carton Packaging Machinery Market
27. Beverage Carton Packaging Machinery Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Beverage Carton Packaging Machinery Market
29. Beverage Carton Packaging Machinery Market Future Outlook and Potential Analysis
30. Appendix

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