Global Beverage Packaging Machinery Market 2017-2021

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Albany, NY -- (SBWIRE) -- 03/20/2017 -- 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.

Technavios 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:

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
Other prominent vendors
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
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Market challenge
Reduced demand for aerated drinks
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Market trend
Rising numbers of domestic shipments of packaging machinery
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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?