Overview:
Packaging of food and beverage products is gaining significant importance among the product manufacturers. Nowadays, fresh, flavored and safe food and beverage products are a must among consumers. Thus, packaging solution companies are developing advanced technologies, which ensure compliance of aforementioned factors coupled with texture, nutrition, taste and color of the final product. In food and beverages industry, demand for convenient and aseptic packaging along with less pre-package costs for the manufacturer are key areas to be addressed by the packaging companies. This is anticipated to lead towards adoption of bag in box containers as a preferred mode of packaging for various products. Advantages of bag in box packaging over conventional packaging include proper storage, low space utilization, enhanced safe and hygiene transportation of goods, convenience to the customer.
Bag in box market growth is propelled by consumer awareness regarding hygiene and health, growing disposable income resulting in inclination of consumers towards premium products, increasing consumption of both alcoholic and non-alcoholic beverages, and development of efficient and cost-effective solutions for liquid products packaging. Companies in the bag in box market are focused on geographical expansions through opening of manufacturing locations coupled with developing innovating solutions such as changeable liner bags and aseptic liner bags. However, presence of substitute products that offer better space and economical solution for storing, dispensing and transporting products restrict the bag in box market growth. In addition, bag in box containers packaging equipment are high-priced, leading to less adoption of bag in box packaging in various industries primarily in few potential markets across Asia Pacific and Middle East and Africa.
The global bag in box market is segmented on the following bases:
- Packaging
- Bags/Films
- Bulk Containers
- Filling machines/systems and equipment
- Type
- Material
- Low Density Polyethylene
- Ethylene Vinyl Acetate
- Ethylene Vinyl Alcohol
- Others
- Application
- Food & Beverages
- Alcoholic Beverages
- Non-alcoholic beverages
- Liquid food products
- Industrial Liquid Products
- Household products
- Geography
- North America
- Europe
- UK
- Germany
- Rest of Europe
- Asia-Pacific
- Latin America
- Middle East and Africa
Key Players Identified for Bag in Box Market Include but are Not Limited to:
Smurfit Kappa Group, Vine Valley Ventures LLC, Liqui-Box, DPP, DS Smith, TPS Rental Systems Ltd., Amcor Limited, Scholle IPN, Parish Manufacturing Inc., Optopack Ltd., and CDF Corporation.
This report offers:
- An overview of the global markets for bag in box
- Market trends assessment for the period 2013-2023, with historical information for 2013 & 2014, and projections through 2023, with respective CAGRs during 2016-2023
- Qualitative assessment tools such as market drivers, challenges and future prospects for bag in box
- Market competition scrutiny tools such as market share analysis, fractal map assessment, attractive investment proposition
- Focus on each level of market segmentation based on product approvals, launch, and current and anticipated market dynamics
- A general overview of the industry structure
- Company profiles highlighting key information about the major players operating in the bag in box market
