Packaging machinery is used to pack products before dispatch to the distribution networks. Many industries, such as food and beverages, pharmaceuticals, personal care products, and others, utilize packaging products and services. Packaging also plays an important role in the marketing mix as it has an impact on the buying decisions of consumers. Packaging machinery are widely used for filling, coding, labeling, and wrapping.
Technavio’s analysts forecast the global beverage packaging machinery market to grow at a CAGR of 6.71% during the period 2017-2021.
Covered in this report The report covers the present scenario and the growth prospects of the global beverage packaging machinery market for 2017-2021. To calculate the market size, the report considers the demand for beverage packaging machinery.
The market is divided into the following segments based on geography: - Americas - APAC - EMEA
Technavio's report, Global Beverage Packaging Machinery Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors - Tetra Laval - Bosch - Krones
Other prominent vendors - Duravant - Bajaj ProcessPack Limited - Combi Packaging - Nichrome Packaging Solutions - Coesia S.p.A. Market driver - Growth in consumption of low-calorie and natural ingredient soft drinks - For a full, detailed list, view our report
Market challenge - Reduced demand for aerated drinks - For a full, detailed list, view our report
Market trend - Rising numbers of domestic shipments of packaging machinery - For a full, detailed list, view our report
Key questions answered in this report - What will the market size be in 2021 and what will the growth rate be? - What are the key market trends? - What is driving this market? - What are the challenges to market growth? - Who are the key vendors in this market space? - What are the market opportunities and threats faced by the key vendors? - What are the strengths and weaknesses of the key vendors?
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Methodology Research methodology is based on extensive primary and secondary research. Primary research includes in-depth interviews with industry experts, vendors, resellers and customers. Secondary research includes Technavio Platform, industry publications, company reports, news articles, analyst reports, trade associations and the data published by Government agencies.
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