Beverage Cartoners Market: Overview, Data Updates, Reports Analysis & Forecast | FMI
The global beverage cartoners market is poised for significant growth, with an anticipated value of US$ 742.3 million in 2023, projected to expand at a CAGR of 4.9% until 2033, reaching around US$ 1.1 billion. This growth is fueled by the escalating demand for extended shelf life and the remarkable potential of personalized packaging. Consumers’ quest for unique experiences drives the trend of personalized packaging, where beverage cartoners play a pivotal role. These machines offer advanced printing and labeling capabilities that empower manufacturers to infuse personal elements into their packaging.
The standout feature of beverage cartoners lies in their adeptness at delivering top-notch printing and labeling on carton packaging. Cutting-edge technologies, like digital printing, enable vibrant and intricate graphics, facilitating the creation of captivating designs and personalized artwork on beverage cartons. This unleashes a multitude of customization avenues, from brand logos and promotional messages to detailed product information and one-of-a-kind designs for special editions.
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Personalized packaging goes beyond mere aesthetics; it cultivates brand distinctiveness and establishes a commanding brand presence. Unique and visually arresting carton designs seize consumer attention on retail shelves, setting manufacturers apart from rivals. Personalized packaging elicits emotions, imparts a sense of exclusivity, and heightens perceived product value. Consequently, consumer buying choices and brand loyalty receive a positive boost.
Manufacturers leverage personalized packaging to target specific consumer segments and tailor packaging to their preferences. By comprehending the demographics, tastes, and inclinations of their target audience, manufacturers forge a deep connection that propels consumer engagement and brand allegiance. As packaging becomes a canvas for storytelling and connection, the beverage cartoners market stands to benefit from the burgeoning trend of personalized packaging.
These machines are highly efficient, ensuring low operating costs. Beverage cartoners provide excellent protection against environmental factors to the packaged products, and their high efficiency helps to reduce delivery time of products, thereby increasing the production capacity.
In the report, FMI suggests that the brick carton machine segment is expected to play a key role in the growth of the beverage cartoners market during the forecast period. Beverage cartoners are expected to witness significant growth in many emerging countries owing to the rise of demand for aseptic packaging.
Brick carton machines are used in the packaging of various types of beverages ranging from fruits juices to ready-to-drink tea & coffee. The research also suggests that the brick carton machine segment is anticipated to be one of the highest contributors to the growth of the beverage cartoners.
Gable top machines are anticipated to witness the highest growth in the beverage cartoners market during the forecast period. The growth is mainly attributed to the contributions of countries like Germany and UK in the European region.
In North America, beverage cartoners market has been estimated to have high growth potential, considering that most of the manufacturing sector has been captured by gable top machines segment of beverage cartoners. Manufacturer are adopting beverage cartoners as it reduces the labour cost and increases efficiency. Germany is expected to be at the forefront, spearheading the growth of the European beverage cartoners market during the forecast period.
Key Segments:
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
By Region:
- North America
- Latin America
- Europe
- East Asia
- South Asia & Pacific
- Middle East & Africa (MEA)