Europe Beverage Carton Packaging Machinery Market

Europe Beverage Carton Packaging Machinery Market Growth and Forecast (2023 - 2028):

The Europe Beverage Carton Packaging Machinery Market is worth $ xx million in 2022 and is expected to grow to $ xx million by the end of 2028 with an annual CAGR of xx% between 2023 and 2028.

Market Overview:

The Beverage Carton Packaging Machinery is a packaging equipment used for secondary packaging of beverage carton. This machine is responsible for making boxes around the primary beverage packaging and filling the boxes safely so that the secondary packaging can improve the level of protection during the logistics cycle of the product. The Beverage Carton Packaging Machinery uses biodegradable lightweight cartons for secondary packaging of dairy, alcoholic and non-alcoholic beverages. These cardboard boxes help protect the contents from environmental factors such as humidity, bacteria and dust and increase security during storage and logistics cycles. The Beverage Carton Packaging Machinery produces customized boxes of different styles, shapes and designs while minimizing manual intervention and ensuring product quality, making it suitable for packaging of dairy drinks, carbonated soft drinks and beer, basic lines of water bottling and hot filling items such as: It is widely applied. Juice and tea.

Market Growth:

Increasing demand for beverages and increased investment by beverage manufacturers in durable and sustainable secondary packaging are expected to drive the Europe Beverage Carton Packaging Machinery market over the forecast period.

Drivers:

The growing demand for beverages, growing concerns about plastic waste and its harmful impact on the environment are expected to increase the demand for Europe Beverage Carton Packaging Machinery over the expected period. The increasing incidence of waterborne diseases, along with emerging health and wellness trends, is driving the adoption of bottled water around the region. This represents the major growth drivers driving the Europe Beverage Carton Packaging Machinery market. Additionally, lifestyle changes and inflated income levels are shifting consumer preferences towards convenient, ready-to-drink canned beverages, which are having a positive impact on the Europe Beverage Carton Packaging Machinery market. In addition to this, numerous manufacturers are emphasizing industrial automation to reduce labor costs, minimize waste during production, and maximize product uniformity. They are also focusing on carton packaging to improve the green certification of our business, which is increasing the demand for Beverage Carton Packaging Machinery around the region. In addition, faster speed, improved productivity, optimal product hygiene, and reduced overall costs are other benefits that contribute to the Europe Beverage Carton Packaging Machinery market growth. Furthermore, the Europe Beverage Carton Packaging Machinery market is expected to expand further by incorporating the latest sensors, programmable controllers and human machine interface (HMI) to introduce advanced variants with innovative features. Furthermore, the demand for customized machines with advanced technology and reliable mechanical parts is likely to have a positive impact on the Europe Beverage Carton Packaging Machinery market. Additionally, growing interest in convenience and changing lifestyles are driving demand for ready-to-drink beverages, which is expected to have a positive impact on the growth of the Europe Beverage Carton Packaging Machinery market. Furthermore, the growing beverage industry around the region is expected to increase the demand for Europe Beverage Carton Packaging Machinery in the coming years. Along with a wide range of beverage products, there is a growing demand for high-speed beverage case packaging machines with a growing interest in automating functions to improve productivity. Increasing beverage consumption and lifestyle changes in developed and developing countries are driving demand for ready-to-drink beverages, some of the key factors expected to drive the growth of the market during the forecast period. Various technological and mechanical advancements in packaging equipment drive the Europe Beverage Carton Packaging Machinery market growth during the forecast period. With the growing interest in automating functions to improve productivity in conjunction with various beverage products, there is a growing demand for high-speed Beverage Carton Packaging Machinery. There is also a growing demand for small Europe Beverage Carton Packaging Machinery in many end-use applications. Growing concern about plastic waste and harmful impacts on the environment, including increased demand for beverages, is expected to drive demand for Europe Beverage Carton Packaging Machinery over the expected period. Additionally, growing interest in convenience and changing lifestyles are driving demand for ready-to-drink beverages, which is likely to have a positive impact on the growth of the Europe Beverage Carton Packaging Machinery market. Furthermore, the growing beverage industry around the world is expected to increase the demand for Europe Beverage Carton Packaging Machinery in the coming years.

Restraints:

The high manufacturing costs associated with carton packaging machines can hamper the Europe Beverage Carton Packaging Machinery market, especially by limiting adoption by small businesses. Concerns about strict regulations on food and beverage packaging are another factor limiting the growth of the Europe Beverage Carton Packaging Machinery market.

Market Segmentation Analysis:

By application, the Europe Beverage Carton Packaging Machinery market is segmented into dairy beverages, alcoholic beverages and soft drinks. The Alcoholic Beverage Applications segment is expected to have the highest CAGR of 5.3% during the forecast period. This segment mainly includes spirits, wines and beers. The soft drink applications segment dominated the market and posted a revenue share of 38.0% in 2020 and is expected to continue to dominate throughout the forecast period.

By type, the Europe Beverage Carton Packaging Machinery market is divided into Top Load, Horizontal End Side Load, Vertical Brochure, Envelope, and Vertical Sleeve. The Top Load Balers segment is expected to show a CAGR of 4.8% over the forecast period. The vertical or top loading carton packing machine lifts the carton with the side seams folded and sealed, which is further placed in a horizontal mechanism and filled vertically through the top of the carton before closing the carton. The horizontal side loading carton packing machine is placed folded and the side seams sealed, which is further placed in the horizontal mechanism and horizontally filled through the open end of the box before closing in the machine.

Depending on the mode of operation, the Europe Beverage Carton Packaging Machinery market is segmented into semi-automatic and automatic. The automatic mode of operation segment dominated the market, had a 68.4% revenue share and is expected to continue to dominate during the forecast period. The automatic operating mode segment is expected to progress at a CAGR of 5.1% within the Europe Beverage Carton Packaging Machinery market during the forecast period.

Regional Analysis:

In Europe, the Europe Beverage Carton Packaging Machinery market is expected to grow at a CAGR of 4.3% during the forecast period. Countries like the UK, Germany, Spain and France are among the top wine producing countries in the world. In particular, growing interest in sustainability in the region is increasing demand for eco-friendly packaging materials such as cardboard, which is expected to help the UK Beverage Carton Packaging Machinery market grow. Furthermore, the growing demand for various alcoholic beverages, such as canned wines, craft beers and prepackaged cocktails, is expected to help the growth of the Germany Beverage Carton Packaging Machinery market during the forecast period. Furthermore, the France Beverage Carton Packaging Machinery market is expected to have a positive growth opportunities with the increasing prevalence for the latest technologies. The growing demand for ready-to-drink non-alcoholic beverages, together with the growing demand for premium and ultra-high-end beverages, is expected to have a positive impact on the Spain Beverage Carton Packaging Machinery market in the region.

Key Players in the Market:

The main players in the Europe Beverage Carton Packaging Machinery market are EconoCorp Inc, Douglas Machine Inc., KHS GmbH, Bradman Lake Group Ltd., Krones AG., Jacob White Packaging Ltd., R.A. Jones, Mpac Group plc, Sidel, and Tishma Technologies.