Beverage Cartoners Market Analysis: Over 40% of the Revenue to be Generated by the 9,000 Packages/hr Output Capacity Segment in 2018
The global beverage cartoners market was valued at US$ 562.3 Mn in 2017 and is projected to expand at a CAGR of 4.8%, during the forecast period.
A beverage cartoners are integration of various machines into a single unit. Beverage cartoners are multi-functional machines that create cartons from flat blanks, secure them by slots & pre-cut tabs, and finally, seal using adhesives or heat. The global beverage cartoners market is largely organized in regions such as Europe and North America. The global beverage cartoners market is expected to be largely influenced by the high demand from applications such as fruit juices and dairy products in the beverages industry.
This is attributed to a number of factors. Some of the key factors affecting the beverage cartoners market are increasing population and preference for ready-to-drink beverages like tea and coffee. Beverage cartoners are easy-to-operate machines that improve the efficiency in the process of production. Both automatic and semi-automatic beverage cartoners are available in the market. These machines operate on a high power of around 15 KW. The beverage cartoners meet the highest quality requirements.
Most manufacturers need flexible, high-performance, and efficient filling solutions which are delivered by beverage cartoners. Various technological advancements in these machines such as high resolution and sensitive touch screens are driving the market growth. Beverage cartoners tend to create a lot of noise due to their high speed rotating systems. This affects the mental health of labourers, so manufacturers made efforts to reduce the sound level of the machine. Moreover, beverage cartoners are now much safer with the application of various safeguards and electronic safety measures, enabling the machine to stop instantly in case of a breakdown.
The beverage cartoners market is expected to face substantial demand from emerging countries, due to their growing manufacturing sectors. The preference for sophisticated products has resulted in a largely under-penetrated beverage cartoners market in Europe. There is a high growth potential for the beverage cartoners market during the forecast period.
Germany has shown an impressive growth in the production of beverage cartoners. In terms of value, it towers over other countries in Europe and beyond. Germany will account for more than 10% of the global beverage cartoners production in the near future. Germany’s production on the basis of output capacity was significantly boosted by the country’s massive technological up gradation drive and is expected to continue the momentum of growth in the beverage cartoners market during the forecast period.
Therefore, beverage cartoners manufacturers in the market are expected to eye the European region for potential business expansion. The rising concerns of asepticism towards products by local as well as renowned players have translated into better quality of products. Therefore, the outlook for the global beverage cartoners market is expected to be positive during the forecast period.
Global Beverage Cartoners Market: Drivers and Restraints
The beverage cartoners market is expected to be greatly benefitted by the increasing influence towards ready-to-drink beverages and the rise in consumption of aseptic packaging products. Beverage cartoners produce packaging in such a way that they are beneficial for retail foodservice providers who don’t have enough storage space for placing refrigerators. Also, the ergonomics consideration in the beverage cartoners is driving the market.
The key players in the beverage cartoners market are focusing on increasing the production capacity by making it more ergonomic. Increasing consumption of on-the-go food has led to the rise in demand for packaging solutions that enhance the shelf-life of the product which drives the market of beverage cartoners.
Global Beverage Cartoners Market: Taxonomy
The global beverage cartoners market has been segmented on the basis of product type, output capacity, end-use application, and region.
The product type considered in the beverage cartoners market study includes brick carton machine and gable top machine. Of these, the brick carton machine segment accounts for the lion’s share of the global beverage cartoners market.
On the basis of output capacity, the beverage cartoners market has been segmented into 9,000 packages/hr, 9,000-12,000 packages/hr, 12,000-24,000 packages/hr, and above 24,000 packages/hr categories. Of these, the 9,000-12,000 packages/hr segment will grow at a healthy CAGR in the global beverage cartoners market.
On the basis of end-use application, the global beverage cartoners market has been segmented into six segments that are fruit juices, dairy products, alcoholic drinks, water, ready-to-drink tea & coffee, and carbonated soda. The dairy products segment in the global beverage cartoners market is expected to heavily dominate the market during the forecast period.
Global Beverage Cartoners Market: Competitive Landscape
The major manufacturers of beverage cartoners profiled in this report include Tetra Pak, SIG Combibloc Group, Inc., Krones AG, Econocorp, Inc., RA Jones & Co. Inc., Elopak AS, Gerhard Schubert, Visy Industries Holdings Pty Ltd, and Shanghai Joylong Industry Co. Ltd. Many local and unrecognized players are expected to contribute to the global beverage cartoners market during forecast period.
Global Beverage Cartoners Market: Key Developments
Key players in the beverage cartoners market are looking forward to expansion through organic & inorganic methods such as acquisitions & mergers, product launches, etc. For instance,
- On 19 September 2018, Krones AG acquired Chinese firm Shanghai Xiantong Equipment Installation.
- Tetra Pak launched an array of new products and solutions in 2017 and included two new Tetra Pak® E3 machines that are beverage cartoners.
- On July 2018, Elopak became the first manufacturer to deliver over one billion 100% renewable cartons.
Key Segments Covered in Beverage Cartoners Market
- By Product Type
- Brick Carton Machines
- Gable Top Machines
- 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
- By End-Use Application
- Fruit Juices
- Dairy Products
- RTD Tea & Coffee
- Carbonated Soda
- Water
- Alcoholic Beverages
Key Regions covered:
- North America
- U.S.
- Canada
- Latin America
- Brazil
- Mexico
- Rest of Latin America
- Europe
- Germany
- France
- U.K.
- Spain
- Italy
- Rest of Europe
- APEJ
- China
- India
- Australia & New Zealand
- ASEAN
- Rest of APAC
- Japan
- MEA
- GCC Countries
- Turkey
- South Africa
- North Africa
- Rest of MEA
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by - Sudip Saha, Managing Director and Co-Founder of Future Market Insights
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