Global demand for the Bag-in-Box market was valued over USD 1.7 Billion in 2019 and is expected to reach a CAGR of 3.10% between 2019 and 2025.
This report analyzes and estimates the Bag-in-Box market at global, regional, and country level. The research study provides historic data from 2015 to 2019 along with forecast from 2020 to 2025 based on value (USD Billion). The report offers detailed insights of the Bag-in-Box market drivers and restraints along with their impact analysis at global level from 2015 to 2025.
The report covers in-depth analysis of the strategies adopted by major competitors in the global Bag-in-Box market. To understand the competitive landscape in the global Bag-in-Box market, an analysis of Porter’s Five Forces model is also included. The research study comprises of market attractiveness analysis, wherein all the segments are benchmarked on the basis of their market size and growth rate.
The research study provides a decisive view on the global Bag-in-Box market based on Material State, Capacity, Component, Tap, End-User Sector, and Region. All the segments of the market have been analyzed based on the past, present, and future trends. The market is estimated from 2019 to 2025.
The development of Bag-in-Box market is contributed to the requirement for innovative and sustainable packaging as well as the rise in the consumption of alcoholic beverages in emerging and developed countries. Additionally, the demand for effortlessness handling and transportation of bag-in-box packaging has increased its utilization in the e-commerce retail with the advantages of improved protection, extended shelf life of the product, thereby propelling the Bag-in-Box market. Furthermore, the rising demand for bag-in-box for various applications coupled with the introduction of new applications is anticipated to boost the market growth during the forecast period.
In addition, the advancing global economy, surging working population, high demand for food products and alcoholic drinks is anticipated to boost the growth of the global Bag-in-Box market. Moreover, the stringent regulations for the usage of plastic and high sustainability criterions, with the primary focusing being reducing packaging waste is expected to drive the growth of the market.
On the basis of material state, the market for Bag-in-Box is segmented into Semi-Liquid and Liquid. Based on capacity, the market is segregated into <1 Liter, 3–5 Liters, 5–10 Liters, 10–20 Liters, >20 Liters. By component, the global Bag-in-Box is categorized into Bags, Boxes, and Fitments. In terms of tap, the market is classified into With Tap and Without Tap. By end-use sector, the Bag-in-Box market is sectored into Food, Beverage, Industrial, and Others. The regional segmentation comprises the past, present, and estimated demand for the Middle East & Africa, North America, Asia Pacific, Latin America, and Europe. The regional segment is further split into the U.S., Canada, Mexico, UK, France, Germany, China, Japan, India, South Korea, Brazil, and Argentina among others.
Some of the key players of the global Bag-in-Box market include Smurfit Kappa and DS Smith PLC.
The report categorizes the global Bag-in-Box market into:
Global Bag-in-Box Market: By Component Segmentation Analysis
Global Bag-in-Box Market: By Capacity Segmentation Analysis
Global Bag-in-Box Market: By Material State Segmentation Analysis
Global Bag-in-Box Market: By Tab Segmentation Analysis
Global Bag-in-Box Market: By End-Use Sector Segmentation Analysis
Global Bag-in-Box Market: By Regional Segmentation Analysis