North America, to continue as a major region in the global beverage carton packaging machinery market
North America is the leading market for the beverage carton packaging machinery market and is expected to hold the largest share during the forecast period. The region has been a pioneer in the field of technological developments. Nowadays, the region is well-known for the presence of the key manufacturers and growing consumers in the beverage carton packaging machinery market.
The beverage industries in the US is one of the biggest in the world. The growing influence of social media as well as the cocktail culture in the region raises the demand for bourbon whiskey, premium and ultra-premium beverages, alcoholic beverages. Furthermore, rising awareness about eco-friendly packaging to meet the growing concern of the harmful effects of plastic has shifted the focus on sustainable packaging and increased the investment in R & D activities to promote environment-friendly packaging. All these factors present a favorable environment for the growth of the beverage carton packaging machinery market.
The key players in the global beverage carton packaging machinery market are ACG Worldwide, Bosch Packaging Technology, Bradman Lake Group, Carlo Gavazzi Automation S.p.A, Econocorp, Elopak, GPI Equipment, Jacob White Packaging, KHS GmbH, Krones AG, Langfang Best Crown Packaging Machinery, Mitsubishi Electric Corp., OPTIMA Packaging Group GmbH, and Tecnicam S.r.I.

Impact of COVID-19 on the Beverage carton Packaging Machinery Market
The recent pandemic outbreak of COVID-19 across the globe pose to have significant distress and loss in almost every country. The pandemic has affected the global economy by directly affecting production and demand, disrupting supply chain and market, and by its impact on financial markets & firms. The unprecedented outbreak of COVID-19 has a mixed impact on the beverage carton packaging machinery market owing to consumer inclination towards packaged beverages due to longer shelf-life and ease of storage during the COVID-19 pandemic has promoted the market growth. However, slow down in the logistics and transportation sector due to the closure of industries across the globe and restriction in the movement has led to sluggish growth of the packaging market. The post COVID scenario seems bleak due to a rise in inflation and a fall in demand as a consequence of rising unemployment in falling economies.
“The non-alcoholic beverages application segment is expected for the largest share of the beverage carton packaging machinery market in 2023.”
Based on the application, the beverage carton packaging machinery market is categorized into non-alcoholic beverages, alcoholic beverages, and dairy beverages. In 2020, the non-alcoholic beverages segment was expected to account for the largest share of the beverage carton packaging machinery market. The segment mainly comprises of bottled water, nutritional health drinks, and aerated soft drinks. The large share of this segment can primarily be attributed to the high prevalence of health problems due to the consumption of contaminated water. In addition to this, shifting focus on healthy lifestyle, and growing demand for functional beverages as well as high protein content sports drink has further stimulated the adoption of beverage carton packaging machinery in the non-alcoholic beverages sector.