Bag-in-box container is a type of container majorly utilised for liquid storage and transportation This container is made of components including bladder and several layers of metallized films which is seated inside a corrugated box. The fluid is filled inside container by removing tap, fills bag and replaces tap and places inside the box. This container finds major applications in household products, food & beverage, liquid foods, alcoholic & non-alcoholic beverages and industrial liquids which should promote industry growth.
Bag-in-Box Container Market: Key Players
The research study includes profiles of leading companies operating in the global bag-in-box container market. Key players profiled in the report include: Smurfit Kappa Group, DS Smith, Amcor Limited, Liqui-Box, Scholle IPN, CDF Corporation, Vine Valley Ventures LLC, Parish Manufacturing Inc, TPS Rental Systems Ltd & Optopack Ltd.
Smurfit Kappa launched the Triple head automatic filling machine:
In 2019, Smurfit Kappa launched its latest filling machine named Triple head automatic filling machine. This machine will be able to fill 45 three litre bag-in-box container in a minute. Through this launch, the company will be able to cater increasing demand resulting in industry profitability.
Drivers for the Global Bag-in-Box Container Market:
Growing demand for bag-in-box from alcohol industry where it is used to package the alcohol is projected to propel the market growth of bag-in-box market. This container offers easy packaging, the barrier to oxygen, and is a cost-efficient solution for the packaging of alcohol. Moreover, across developed countries such as Australia, Sweden, Norway, the U.S, and the U.K, the share of bag-in-box for wine, the packaging is relatively high as compared to that in developing countries. However the growing trend of a healthy lifestyle is fueling the demand for hygienic food and packaging solutions which in turn stimulate the market growth of bag-in-box containers.
Opportunities for the Global Bag-in-Box Container Market:
The growing demand for bag-in-box containers from the dairy industry is expected to offer potential growth opportunities to the market in the future. Bag-in-box has multifaceted applications in the dairy industry owing to its low cost as compared to conventional packaging and environmentally friendly advantages. Moreover, milkshakes and smoothies are the fastest-growing segments in the dairy industry which are projected to augment the market growth of Bag-in-Box Containers over the forecast period.
Restrains for the Global Bag-in-Box Container Market:
Rising adoption of cubitiere containers as an alternative to bag-in-box containers is projected to restrict market growth over the forecast period. Cubitiere is a cube-shaped liquid handling product made of LDPE and is widely used for industrial applications such as food and beverage and household application and they are best suited for condiments, liquids, and other similar products. Therefore, the rising adoption of such an alternative is expected to hinder the market growth over the forecast period.
Region Wise, Global Bag-in-Box Container Market Analysis:
Report covers the region wise analysis, global bag-in-box container market can be segmented into North America, Europe, Asia Pacific, Latin America, Middle East and Africa. Among all, Asia-Pacific leads the global bag-in-box container market share followed by North America & Europe. While the Asia-Pacific leads the global bag-in-box container market due to the Rising packaged food and beverages demand as the working population are increasing which results in rapid industrialization stimulating product demand. However increasing cooking oil consumption including olive, sunflower and palm owing to cholesterol free characteristics resulted by healthy lifestyle adaption are accelerating the product demand.
Global Bag-in-Box Container Market: Product analysis
- Low-Density Polyethylene (LDPE)
- Ethylene Vinyl Alcohol
- Ethylene Vinyl Acetate
Global Bag-in-Box Container Market: Application analysis
- Food and beverage
- Industrial liquids
- Household products
Global Bag-in-Box Container Market: Region analysis
- North America
- Rest of Europe
- Asia Pacific
- South Korea
- Rest of Asia Pacific
- Latin America
- Rest of L.A.
- Middle East and Africa
- South Africa
- Rest of Middle East
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