Bag-in-Box Market Overview:
Manufacturers of bag-in-box products may find opportunities in the dairy industry. In the dairy industry, glass bottles and die-cut lids are traditional packaging methods. The aseptic nature of bag-in-box packaging, its low cost as compared to conventional packaging, and its environmental friendly features, however, make it a multifaceted application in the dairy industry. It is the fastest-growing segment of the dairy industry to produce smoothies and milkshakes. Large quantity packs of air-tight dairy products, such as fresh cream and condensed milk, can be shipped to the farthest markets with utmost protection. There is an impressive prospect for the growth of the bag-in-box market as dairy retailers continue to adopt the packaging method. Hygiene-conscious consumers are driving the demand for hygienic food and packaging. Regulations on packaging techniques and materials are being implemented by the food and drug administration. The bag-in-box container manufacturers are therefore focusing on offering aseptic packaging solutions to cater to consumer demands while maintaining regulatory compliance.
A compound known as mineral oil aromatic hydrocarbons (MOAH) comes in direct contact with food when it is packaged. The European Food Safety Authority (EFSA) has declared MOAH carcinogenic. Multilayer technologies are being integrated into bag-in-box products to prevent contamination by MOAH. High-quality material is used in Bag-in-Box packaging to help preserve and protect the quality of the contents. Global financial crises have been triggered by the COVID-19 outbreak. Various governments around the world enforced lockdowns that disrupted manufacturing industries and supply chain networks. Several physical stores and places that served beverages were closed, causing uncertainty in the bag-in-box market.
The packaging industry has experienced substantial growth in recent years with the increased usage of digital printing, which provides the leverage of printing all colors in one pass, thereby encouraging a print-on-demand trend in the industry. Furthermore, digital printing makes it easy to personalize packaging which has helped many product brands gain a substantial return on such a radical investment.
The Bag-in-Box Market is analyzed based on factors such as industry trends, the opportunity and revenue analysis of key players. Moreover, the Bag-in-Box Market is assessed in regards to the technique or product type, end-user spectrum, regional analysis, etc. This research will be regulated with the execution of the latest market research approaches which shall assist organizations in understanding the comprehensive market scenario and planning strategies accordingly.
Major players included in the Bag-in-Box Market:
• Smurfit Kappa Group
• Liqui-Box Corporation
• Amcor plc.
• Scholle IPN
• CDF Corporation
• TPS Rental Systems Ltd.
• Optopack Ltd.
• NWB Finland Oy
• Aran Group
• TriMas Company
(Note: The list of the major players will be updated with the latest market scenario and trends)
Bag-in-Box Market Segmentation:
By Capacity
• Upto 20 Liters
• 21 to 150 Liters
• 151 to 750 Liters
• 751 & Above Liters
By Material
• Paper and Paperboard
• Plastic
o Low Density Polyethylene (LDPE)
o Ethylene Vinyl Acetate
o Metallized-PET
o Ethylene Vinyl Alcohol (EVOH)
o Nylon
o Others
By End Use
• Food
o Dairy Products
o Sauces, Vinegar & Flavouring
o Liquid Egg Products
• Beverages
o Alcoholic Beverages
o Non Alcoholic Beverages
o Water
o Others
• Chemicals
• Petroleum
• Homecare
• Cosmetic & Personal Care
By Region
• North America
• Europe
• Asia-Pacific
• Latin America
• Middle East and Africa
Bag-in-Box Market Competitive Analysis:
• Tier-1 Players
• Tier-2 Players
• Emerging Players
• New Entrants
Future Market Analytics Focus Points:
• SWOT Analysis
• Key Market Trends
• Key Data -Points Affecting Market Growth
• Revenue and Forecast Analysis
• Growth Opportunities For New Entrants and Emerging Players
• Key Player and Market Growth Matrix
Objectives of the Study:
• To provide a comprehensive analysis on the Bag-in-Box Market by capacity, by material, by end use and by region
• To cater extensive insights on factors influencing the market growth (drivers, restraints, industry-specific restraints, business expansion opportunities)
• To anticipate and analyse the market size expansion in key regions- North America, Europe, Asia Pacific, Latin America and Middle East and Africa
• To record and evaluate competitive landscape mapping- strategic alliances and mergers, technological advancements and product launches, revenue and financial analysis of key market players
In case of any requirements or changes to the current table of content please contact us at:
enquiry@futuremarketanalytics.com
