The beverage cartoners market in the United States shows promising growth, particularly driven by the dominance of gable top machines. With a focus on efficiency and cost reduction, manufacturers are increasingly embracing beverage can seamers and palletizers. Projections indicate a robust Compound Annual Growth Rate (CAGR) of 4.8% for the country during the analysis period.
The global beverage cartoners market is anticipated to reach a valuation of US$ 742.3 billion in 2023, driven by expanding beverage industry. The trend is expected to create new opportunities for the market, leading to a projected CAGR of 4.9% between 2023 and 2033, and reaching a total valuation of approximately US$ 1.1 billion by 2033.
Request for Report Sample: https://www.futuremarketinsights.com/reports/sample/rep-gb-7567
One of the primary factors contributing to the growth of the beverage cartoners market is the growing consumer preference for convenience. Consumers today lead fast-paced lifestyles and seek on-the-go and easily accessible beverage options. Beverage cartoners cater to this trend by offering packaging solutions that are lightweight, portable, and easy to handle. The cartons are designed with features like resealable closures and single-serve portions, providing convenience and flexibility to consumers.
A significant factor contributing to market growth is the focus on sustainability. Consumers are actively seeking eco-friendly packaging options, with increasing environmental concerns. Beverage cartons, made from renewable and recyclable materials such as paperboard and bioplastics, align with the growing demand for sustainable packaging. The cartons reduce the use of plastic and minimize the carbon footprint, making them an attractive choice for environmentally conscious consumers.
Another factor driving the growth of the beverage cartoners market is the advancements in cartoning machinery. Manufacturers are investing in technologically advanced cartoners that offer higher production speeds, improved automation, and greater flexibility. The machines can handle a wide range of carton sizes and shapes, allowing beverage companies to cater to diverse customer preferences and product variations. The efficient and reliable performance of modern cartoning machinery contributes to increased productivity, reduced downtime, and enhanced overall packaging quality.
Key Takeaways from the Market Study
- Global beverage cartoners market was valued at US$ 707.7 billion by 2022-end.
- From 2018 to 2022, the market demand expanded at a CAGR of 2.5%.
- The United States is expected to hold a dominant CAGR of 4.8% during the forecast period.
- By product type, the Brick carton machine segment is expected to constitute a CAGR of 4.8% in 2033.
- On the basis of end-use application, the alcoholic beverages segment is expected to dominate the market with a CAGR of 4.7% in 2033.
- From 2023 to 2033, beverage cartoners market is expected to flourish at a CAGR of 4.9%.
- By 2033, the market value of beverage cartoners is expected to reach US$ 1.1 billion.
Increasing adoption of online retail channels, across the globe is a major factor that is expected to propel the growth of the beverage cartoners market in the near future, remarks an FMI analyst.
Competitive Landscape
Prominent players in the beverage cartoners market are Tetra Pak, SIG Combibloc Group, Inc., Krones AG, Econocorp, Inc., RA Jones & Co. Inc., Elopak AS, Gerhard Schubert, Langley Holdings plc., KHS Group, GPI Equipment, Visy Industries Holdings Pty Ltd, Shanghai Joylong Industry Co. Ltd., Jacob White Packaging Ltd., and Syntegon Technology GmbH, among others.
Get In Touch With Our Team For a 20% Flat Discount:
Recent Developments
- In 2023, Bosch Packaging Technology introduced the Elematic 2001 WAH, a high-performance cartoning machine for the beverage sector. The Elematic 2001 WAH offers precise carton forming, gentle product handling, and high-speed operation, meeting the demands of beverage manufacturers for efficient and reliable carton packaging.
- In 2022, Bradman Lake Group launched the DRT Series, a range of cartoning machines specifically designed for the beverage sector. The DRT Series offers advanced servo-driven technology, quick changeover capabilities, and high-speed operation, enabling beverage manufacturers to achieve efficient and reliable carton packaging.
- In the same year, Sidel Group introduced the Cermex EvoPack, a compact and modular cartoning solution for the beverage industry. The Cermex EvoPack offers high-speed performance, improved ergonomics, and flexibility in carton formats, addressing the need for efficient and versatile beverage cartoning solutions.
More Valuable Insights Available
Future Market Insights offers an unbiased analysis of the global beverage cartoners market, providing historical data for 2018 to 2022 and forecast statistics from 2023 to 2033.
To understand opportunities in the beverage cartoners market, the market is segmented on the basis of product type (brick carton machines, and gable top machines), by product type (single layer water pods, dual layer water pods, and multi chamber water pods), by output capacity (below 9,000 packages/hr, 9,000-12,000 packages/hr, 12,000-24,000 packages/hr, and above 24,000 packages/hr), and by end-use application (beverage cartoners for fruit juices, beverage cartoners for dairy products, beverage cartoners for rtd tea & coffee, beverage cartoners for carbonated soda, beverage cartoners for water, and beverage cartoners for alcoholic beverages), across five major regions (North America, Latin America, Western Europe, Eastern Europe, South Asia & Pacific, East Asia, and Middle East & Africa (MEA)).
The packaging team at Future Market Insights offers expert analysis, time-efficient research, and strategic recommendations with the objective to provide authentic insights and accurate results to help clients worldwide. With a repertoire of over 100+ reports and 1 Billion+ data points, the team has been analyzing the industry lucidly in 50+ countries for over a decade. The team provides a brief analysis on key trends including competitive landscape, profit margin, and research development efforts.
Request For Customization: https://www.futuremarketinsights.com/customization-available/rep-gb-7567
Key Segments:
Market by Product Type:
- Brick Carton Machines
- Gable Top Machines
Market by Output Capacity:
- Below 9,000 Packages/Hr
- 9,000-12,000 Packages/Hr
- 12,000-24,000 Packages/Hr
- Above 24,000 Packages/Hr
Market by End-use Application:
- Fruit Juices
- Dairy Products
- RTD Tea & Coffee
- Carbonated Soda
- Water
- Alcoholic Beverages
Market by Region:
- North America
- Latin America
- Europe
- East Asia
- South Asia & Pacific
- Middle East & Africa (MEA)
Author
Ismail Sutaria (Lead Consultant, Packaging and Materials) has over 8 years of experience in market research and consulting in the packaging & materials industry. Ismail’s strength lies in identifying key challenges faced by the client and offering logical and actionable insights to equip the clients with strategic decision-making power.
Ismail has been an instrumental part of several transformational consulting assignments. His key skills include competitive benchmarking, opportunity assessment, macroeconomic analysis, and business transformation advisory. Ismail is an MBA holder in Marketing and has a Bachelor’s Degree in Mathematics.
Ismail is a regular at industry conferences and expos and has been widely covered in electronic and print media. He is a Speaker at our upcoming Talk show – Rise of the Intelligent Packaging. Ismail has been quoted in leading publications, including the European Pharmaceutical Review and the European Adhesive Tape Association.
About Future Market Insights (FMI)
Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer, Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 5000 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
Contact Us:
Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
LinkedIn| Twitter| Blogs | YouTube