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Beverage Carton Packaging Machinery Market Worth 840.7 Million USD by 2022

THIS POST WAS ORIGINALLY PUBLISHED ON THIS SITE Click Here To Read Entire Article

PUNE, India, November 27, 2017 /PRNewswire/ —

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The report Beverage Carton Packaging Machinery Market by Type (Horizontal End Side-Load, Top-Load, Wraparound, Vertical Leaflet, Vertical Sleeve), Functional Automation (Automatic, Semi-Automatic), Application, Region – Global Forecast to 2022″, published by MarketsandMarkets™, the market is estimated at USD 746.9 Million in 2017 and is projected to reach USD 840.7 Million by 2022, at a CAGR of 2.39%. The growth of the Beverage Carton Packaging Machinery Market can be attributed to an increase in the consumption of personal care & hygiene products in emerging economies and rise in the number of production facilities of beverage carton packaging machinery.

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Browse 190 Market Data Tables and 23 Figures spread through 177 Pages and in-depth TOC on Beverage Carton Packaging Machinery Market

https://www.marketsandmarkets.com/Market-Reports/beverage-carton-packaging-machinery-market-86564752.html

Early buyers will receive 10% customization on this report 

The automatic segment is projected to grow at the highest CAGR during the forecast period 

Based on functional automation, the automatic segment is projected to grow at the highest CAGR during the forecast period. The growth rate of automatic machines is higher than semi-automatic machines because of their better operating efficiency. Furthermore, automatic machines reduce labor and material cost and improve the fiber utilization of the materials used for packing.

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The horizontal end-side load cartoners segment is projected to be the fastest-growing type in the Beverage Carton Packaging Machinery Market 

Based on type, the horizontal end-side load cartoners segment is expected to grow at the highest CAGR between 2017 and 2022. Horizontal end side-load cartoners can achieve very high speeds for high demand applications, thereby making them the most widely used machinery type. Moreover, these machines are most commonly used in the packaging industry owing to their characteristics such as compact footprint, flexible design, and affordable price.

The Asia Pacific Beverage Carton Packaging Machinery Market is projected to grow at the highest CAGR during the forecast period 

Asia Pacific accounted for the largest share of the Beverage Carton Packaging Machinery Market in 2016. This market in the Asia Pacific region is projected to grow at the highest CAGR from 2017 to 2022. Among all countries in the Asia Pacific region, the Beverage Carton Packaging Machinery Market in China is projected to grow at the highest CAGR

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