DUBLIN--(BUSINESS WIRE)--The "Bag-in-Box - Global Market Outlook (2019-2027)" report has been added to ResearchAndMarkets.com's offering.
Global Bag-in-Box Market accounted for $1.6 billion in 2019 and is expected to reach $2.53 billion by 2027, growing at a CAGR of 5.9% during the forecast period.
Some of the key factors propelling the market growth include increasing consumption of alcoholic beverages, need for environmentally safer and sustainable packaging, consumer awareness regarding hygiene and health, growing disposable income resulting in inclination of consumers towards premium products, and development of efficient and cost-effective solutions for liquid products packaging. However, availability of cheaper substitutes and stringent government regulations are likely to restraint the market.
Bag-in-box is gaining immense popularity as an apt alternative for rigid packaging solutions, which were the workhorse of the packaging industry until a few years back. Bag-in-box containers have emerged as an efficient type of packaging that enables companies reduce the carbon footprint of their businesses. 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.
By capacity, the < 1 liter segment is projected to be a significant-growing segment in the bag-in-box market. The market for < 1 liter bag-in-box market is growing fast as these types of small packages are adopted for the storage and transport of liquid food products-juices, concentrates, and pulps that generally require aseptic packages to maintain maximum freshness and long shelf life.
On the basis of geography, the European region is expected to have considerable market growth during the forecast period, due to improving the global economy, expanding the working population, rising domestic demand for food products, and increasing consumption of alcohol. Moreover, the region has stringent norms for the usage of plastic and high sustainability standards, with the increasing focus on reducing packaging waste, which is also propelling the growth of the market in the region. Wine packaging is the primary driver for bag-in-box packaging within Europe.
What the report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2018, 2019, 2020, 2024 and 2027
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and Recommendations)
- Strategic analysis: Drivers and Constraints, Product/Technology Analysis, Porter's five forces analysis, SWOT analysis, etc.
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Key Topics Covered:
1 Executive Summary
2 Preface
2.1 Abstract
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
2.5 Research Sources
3 Market Trend Analysis
3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats
3.6 End-user Analysis
3.7 Emerging Markets
3.8 Impact of COVID-19
4 Porters Five Forces Analysis
4.1 Bargaining Power of Suppliers
4.2 Bargaining Power of Buyers
4.3 Threat of Substitutes
4.4 Threat of New Entrants
4.5 Competitive Rivalry
5 Global Bag-in-Box Market, By Capacity
5.1 Introduction
5.2 > 20 liters
5.3 10-20 liters
5.4 5-10 liters
5.5 3-5 liters
5.6 < 1 liter
6 Global Bag-in-Box Market, By Component
6.1 Introduction
6.2 Boxes
6.3 Bags/Films
6.4 Fitments
6.5 Bulk Containers
6.6 Filling Machines/Systems and Equipment
7 Global Bag-in-Box Market, By Material State
7.1 Introduction
7.2 Semi-liquid
7.3 Liquid
8 Global Bag-in-Box Market, By Tap
8.1 Introduction
8.2 Without Tap
8.3 With Tap
9 Global Bag-in-Box Market, By Material
9.1 Introduction
9.2 Ethylene Vinyl Acetate
9.3 Low Density Polyethylene
9.4 Ethylene Vinyl Alcohol
10 Global Bag-in-Box Market, By Type
10.1 Introduction
10.2 Barrier
10.3 Non-Barrier
11 Global Bag-in-Box Market, By End-user
11.1 Introduction
11.2 Industrial
11.3 Food
11.3.1 Dairy Products
11.3.2 Non-Dairy Products
11.4 Beverage
11.4.1 Alcoholic
11.4.2 Non-Alcoholic
11.4.3 Liquid Food Products
11.5 Other End-users
11.5.1 Household
11.5.2 Cosmetics & Personal Care
12 Global Bag-in-Box Market, By Geography
13 Key Developments
13.1 Agreements, Partnerships, Collaborations and Joint Ventures
13.2 Acquisitions & Mergers
13.3 New Product Launches
13.4 Expansions
13.5 Other Key Strategies
14 Company Profiling
14.1 Liqui-Box Corp.
14.2 Scholle IPN Corp.
14.3 Fujimori Kogyo Ltd.
14.4 Goglio S.P.A
14.5 SLF Packaging
14.6 CDF Corporation
14.7 Aran Group
14.8 Smurfit Kappa
14.9 DS Smith plc
14.10 Westrock Company
14.11 Optopack Ltd.
14.12 Amcor Ltd.
14.13 Bernhardt Packaging
14.14 Vine Valley Ventures LLC
14.15 TPS Rental Systems
14.16 Arlington Packaging
14.17 LGR Packaging
14.18 LD Packaging
14.19 Aspla-Platicos Espanoles SA
14.20 Hearthside Food Solutions
For more information about this report visit https://www.researchandmarkets.com/r/lnhgyz
