Beverage Carton Packaging Machinery: Global Strategic Business Report

Global Beverage Carton Packaging Machinery Market to Reach $1.5 Billion by 2027

In the changed post COVID-19 business landscape, the global market for Beverage Carton Packaging Machinery estimated at US$909.9 Million in the year 2020, is projected to reach a revised size of US$1.5 Billion by 2027, growing at a CAGR of 7.3% over the analysis period 2020-2027. Horizontal End Side-Load Cartoner, one of the segments analyzed in the report, is projected to record a 7.1% CAGR and reach US$578.5 Million by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Top-Load Cartoner segment is readjusted to a revised 7.4% CAGR for the next 7-year period.

The U.S. Market is Estimated at $247.9 Million, While China is Forecast to Grow at 10.8% CAGR

The Beverage Carton Packaging Machinery market in the U.S. is estimated at US$247.9 Million in the year 2020. China, the world's second largest economy, is forecast to reach a projected market size of US$310.7 Million by the year 2027 trailing a CAGR of 10.7% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 4.9% and 6.2% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 5.8% CAGR. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$200.5 Million by the year 2027.

Wraparound Cartoner Segment to Record 7.8% CAGR

In the global Wraparound Cartoner segment, USA, Canada, Japan, China and Europe will drive the 7.8% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$137 Million in the year 2020 will reach a projected size of US$226.2 Million by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Latin America will expand at a 8.3% CAGR through the analysis period.

Select Competitors (Total 42 Featured) -

• ACG Worldwide
• Bosch Packaging Technology
• Bradman Lake Group
• Cariba
• Cornwell Products Packaging
• Econocorp
• Elopak
• Galdi
• Gerhard Schubert
• GPI Equipment
• Imanpack Packaging and Eco Solutions

What's New for 2022?

• Global competitiveness and key competitor percentage market shares
• Market presence across multiple geographies - Strong/Active/Niche/Trivial
• Online interactive peer-to-peer collaborative bespoke updates
• Access to digital archives and Research Platform
• Complimentary updates for one year