The global Bag-in-Box Container market size is expected to be worth around US$ 10.8 billion by 2030, according to a new report by Vision Research Reports.
The global Bag-in-Box Container market size was valued at US$ 5.5 billion in 2020 and is anticipated to grow at a CAGR of 7.5% during forecast period 2021 to 2030.
|Market Size||US$ 10.8 Billion by 2030|
|Growth Rate||CAGR of 7.5% From 2021 to 2030
|Forecast Period||2021 to 2030|
|Regional Scope||North America, Europe, Asia Pacific, Latin America, Middle East & Africa|
|Companies Mentioned||Amcor Ltd.; Smurfit Kappa; DS Smith; Liquibox; Scholle IPN; CDF Corporation; Arlington Packaging (Rental) Limited; CENTRAL PACKAGE & DISPLAY; Accurate Box Company, Inc.; TPS Rental System Ltd.; Optopack Ltd.; Zarcos America; Aran Group; BiBP SP. z O.O; SLF INDUSTRY AND TRADE CO., LTD.|
The growing demand for household products is expected to drive the market for bag-in-box containers over the forecast period. The increasing consumption of household cleaners such as surface deodorizers and surface cleaners is expected to drive the demand for bag-in-box containers in this segment. The growing urban population in the region has accounted for an increase in the demand for hygiene-promoting products such as household cleaners. In addition, the market is expected to be driven by the demand for low-foam detergents that are being packaged in bag-in-box containers.
The demand for the bag-in-box container is expected to be hampered by the growth in the substitute product market such as plastic and glass bottles. The abundant availability of plastic bottles at lower prices is expected to hinder the growth. The increasing demand for plastic bottles by the soft drink industry is expected to hamper the growth of the market over the forecast period
By Application Analysis
The food and beverage application segment dominated the market and accounted for the largest revenue share of 66.8% in 2020. In addition, factors such as rising disposable income and health concerns among the older population in developing countries are expected to drive the demand for hygienic packaging solutions.
Manufacturers are adding various options such as adding nutritious products to their product line, offering healthier snack items, and innovative packaging, thereby driving the adoption of bag-in-box containers resulting in considerable market growth.
The increasing concerns among consumers regarding personal hygiene coupled with the rising use of household cleaning products are expected to propel market growth over the forecast period.
By Regional Analysis
In Asia Pacific, the market is expected to witness the fastest CAGR of 7.4% over the forecast period. The growing food and beverage market in Asia Pacific is expected to have a positive impact on the bag-in-box container industry growth over the forecast period.
Household products emerged as another major segment owing to the introduction of eco-cleaning household products. In addition, technological advancements including automatic dishwashing products are expected to drive the market.
The demand for bag-in-box containers in Europe is expected to grow owing to the growth of the product in the food and beverage industry. Changing consumption patterns of the consumers and high levels of urbanization, coupled with the increasing popularity of such packaging is expected to increase market growth over the forecast period.
Increasing health concerns of people coupled with demand for hygienic products is likely to drive the market over the forecast period. Increasing consumption of packaged nutritional food products, with benefits such as food safety and quality at reasonable prices, is likely to drive the market in this region over the forecast period.
Arlington Packaging (Rental) Limited
CENTRAL PACKAGE & DISPLAY
Accurate Box Company, Inc
TPS Rental System Ltd
BiBP Sp. z O.O
SLF INDUSTRY AND TRADE CO., LTD.
Food & Beverage
Juices & Flavored Drinks
Milk & Dairy Products
Liquid Soaps & Handwash
Central & South America (CSA)
Middle East & Africa (MEA)
The Bag-in-Box Container market research report covers definition, classification, product classification, product application, development trend, product technology, competitive landscape, industrial chain structure, industry overview, national policy and planning analysis of the industry, the latest dynamic analysis, etc., and also includes major. The study includes drivers and restraints of the global market. It covers the impact of these drivers and restraints on the demand during the forecast period. The report also highlights opportunities in the market at the global level.
The report provides size (in terms of volume and value) of Bag-in-Box Container market for the base year 2020 and the forecast between 2021 and 2030. Market numbers have been estimated based on form and application. Market size and forecast for each application segment have been provided for the global and regional market.
This report focuses on the global Bag-in-Box Container market status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Bag-in-Box Container market development in United States, Europe and China.
It is pertinent to consider that in a volatile global economy, we haven’t just conducted Bag-in-Box Container market forecasts in terms of CAGR, but also studied the market based on key parameters, including Year-on-Year (Y-o-Y) growth, to comprehend the certainty of the market and to find and present the lucrative opportunities in market.
In terms of production side, this report researches the Bag-in-Box Container capacity, production, value, ex-factory price, growth rate, market share for major manufacturers, regions (or countries) and type.
In terms of consumption side, this report focuses on the consumption of Bag-in-Box Container by regions (countries) and application.
Buyers of the report will have access to verified market figures, including global market size in terms of revenue and volume. As part of production analysis, the authors of the report have provided reliable estimations and calculations for global revenue and volume by Type segment of the global Bag-in-Box Container market. These figures have been provided in terms of both revenue and volume for the period 2017 to 2030. Additionally, the report provides accurate figures for production by region in terms of revenue as well as volume for the same period. The report also includes production capacity statistics for the same period.
With regard to production bases and technologies, the research in this report covers the production time, base distribution, technical parameters, research and development trends, technology sources, and sources of raw materials of major Bag-in-Box Container market companies.
Regarding the analysis of the industry chain, the research of this report covers the raw materials and equipment of Bag-in-Box Container market upstream, downstream customers, marketing channels, industry development trends and investment strategy recommendations. The more specific analysis also includes the main application areas of market and consumption, major regions and Consumption, major Chinese producers, distributors, raw material suppliers, equipment providers and their contact information, industry chain relationship analysis.
The research in this report also includes product parameters, production process, cost structure, and data information classified by region, technology and application. Finally, the paper model new project SWOT analysis and investment feasibility study of the case model.
Overall, this is an in-depth research report specifically for the Bag-in-Box Container industry. The research center uses an objective and fair way to conduct an in-depth analysis of the development trend of the industry, providing support and evidence for customer competition analysis, development planning, and investment decision-making. In the course of operation, the project has received support and assistance from technicians and marketing personnel in various links of the industry chain.
Bag-in-Box Container market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to Bag-in-Box Container market.
Prominent players in the market are predicted to face tough competition from the new entrants. However, some of the key players are targeting to acquire the startup companies in order to maintain their dominance in the global market. For a detailed analysis of key companies, their strengths, weaknesses, threats, and opportunities are measured in the report by using industry-standard tools such as the SWOT analysis. Regional coverage of key companies is covered in the report to measure their dominance. Key manufacturers of Bag-in-Box Container market are focusing on introducing new products to meet the needs of the patrons. The feasibility of new products is also measured by using industry-standard tools.
Key companies are increasing their investments in research and development activities for the discovery of new products. There has also been a rise in the government funding for the introduction of new Bag-in-Box Container market. These factors have benefited the growth of the global market for Bag-in-Box Container. Going forward, key companies are predicted to benefit from the new product launches and the adoption of technological advancements. Technical advancements have benefited many industries and the global industry is not an exception.
New product launches and the expansion of already existing business are predicted to benefit the key players in maintaining their dominance in the global market for Bag-in-Box Container. The global market is segmented on the basis of region, application, en-users and product type. Based on region, the market is divided into North America, Europe, Asia-Pacific, Latin America and Middle East and Africa (MEA).
In this study, the years considered to estimate the market size of Bag-in-Box Container are as follows:
Reasons to Purchase this Report:
- Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and policy aspects
- Regional and country level analysis integrating the demand and supply forces that are influencing the growth of the market.
- Market value USD Million and volume Units Million data for each segment and sub-segment
- Competitive landscape involving the market share of major players, along with the new projects and strategies adopted by players in the past five years
- Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players
In-depth interviews and discussions were conducted with several key market participants and opinion leaders to compile the research report.
This research study involved the extensive usage of both primary and secondary data sources. The research process involved the study of various factors affecting the industry, including the government policy, market environment, competitive landscape, historical data, present trends in the market, technological innovation, upcoming technologies and the technical progress in related industry, and market risks, opportunities, market barriers and challenges. The following illustrative figure shows the market research methodology applied in this report.
The study objectives of this report are:
Aerosol Market (By Material: Steel, Aluminium; By Type: Bag-In-Valve, Standard; By Application: Personal Care, Household) - Global Industry Analysis, Size, Share, Growth, Trends, Revenue, Regional Outlook and Forecast 2022-2030.Read more...
Waste Management Market (By Service Type: Collection, Transportation, Disposal: By Waste Type: Industrial Waste, E-waste) - Global Industry Analysis, Size, Share, Growth, Trends, Revenue, Regional Outlook and Forecast 2022-2030.Read more...
Lithium Market (By Product: Carbonate, Hydroxide; By Application: Automotive, Consumer Goods, Grid Storage) - Global Industry Analysis, Size, Share, Growth, Trends, Revenue, Regional Outlook and Forecast 2022-2030.Read more...
Conformal Coatings Market (By Product: Acrylic, Epoxy, Urethane, Silicone, and Parylene; By Application) - Global Industry Analysis, Size, Share, Growth, Trends, Revenue, Regional Outlook and Forecast 2022-2030.Read more...
Polymer Foam Market (By Type: Polystyrene, Polyurethane, Polyolefin, Melamine, Phenolic, PVC; By Application) - Global Industry Analysis, Size, Share, Growth, Trends, Revenue, Regional Outlook and Forecast 2022-2030.Read more...