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The trend toward digitalization and smart packaging is enhancing operational efficiency of the packaging equipment and providing businesses with a competitive edge in the rapidly growing market. For instance, integration of smart technologies, including automation and artificial intelligence (AI) is gaining significant traction in the market. Automation is streamlining packaging lines, improving speed, and reducing human error, while AI enables predictive maintenance, real-time data monitoring, and optimization of the production process. Packaging machinery manufacturers are now incorporating IoT connectivity into machines, allowing for better data collection, process tracking, and performance analysis. Leading companies like Krones and Tetra Pak are investing heavily in these technologies to improve production efficiency. For example, Tetra Pak's "Connected Package" technology allows beverage manufacturers to engage with consumers through digital channels, offering product traceability, enhancing consumer interaction, and providing valuable insights into consumer behaviour.
The fully automatic segment held approximately 51% of the market share in 2024 and is expected to reach USD 11.1 billion by 2034, driven by its operational efficiency and cost-effectiveness in high-volume production environments.
The global market size for beverage packaging machine was valued at USD 10.6 billion in 2024 and is projected to reach USD 19.8 billion by 2034, driven by a CAGR of 6.5% during the forecast period, fueled by rising demand for convenient and ready-to-drink beverages.
The U.S. market was valued at USD 2.6 billion in 2024 and is anticipated to grow at a CAGR of 4.7% from 2025 to 2034, driven by its advanced technological adoption and significant investments in automation and sustainability initiatives.
Major players in the market include APACKS (Automated Packaging Systems), Barry-Wehmiller Companies, Coesia, Douglas Machine, EconoCorp, GEA Group, Industria Macchine Automatiche, Jacob White Packaging Ltd., KHS Group, and Krones AG.