Title: Bag-in-Box Container Market - Industry Analysis, Market Size, Share, Trends, Application Analysis, Growth And Forecast 2021 - 2026
1Bag-in-Box Container MarketMarket size,
Industry outlook, Market Forecast, Demand
Analysis, Market Share, Market Report 2021 - 2026
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- Bag-in-box container market size is forecast to
reach US2.8 billion by 2026, after growing at a
CAGR of 4.3 during 2021-2026. - The bag-in-box packaging system was developed to
address the challenges of packaging
paste-textured and liquid food products such as
water, wine, sauce, syrup, juice, and fats,
purees, and oils. - In the food and beverage industry, the growing
use of ethylene vinyl acetate and low density
polyethylene based bag-in-box containers for the
packaging of alcoholic beverages, edible oils,
and dairy products has served as a crucial
driving factor. - The industry's growth is also fueled by a global
shift in consumption patterns toward natural food
products.
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- Key Takeaways
- Asia-Pacific dominates the bag-in-box container
market. Over the forecast period, the growing
food and beverage market in the Asia Pacific is
expected to benefit the bag-in-box container
industry. - The market is likely to be driven by the rising
consumption of packaged nutritional food
products, which offer benefits such as food
safety and quality at affordable prices. - Furthermore, the demand for bag-in-box containers
is also expected to be driven by the rising
consumption of household cleaners such as surface
deodorizers and surface cleaners. The region's
growing urban population has resulted in a rise
in demand for hygiene-promoting products like
household cleaners.
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By Distribution Channel- Segment Analysis The
5-10 liter segment held a significant share in
the bag-in-box container market in 2020 and is
forecasted to grow at a CAGR of 3.7 during
2021-2026. Beverage manufacturers, foodservice
operators, and quick-serve restaurants have all
used 510-liter bag-in-boxes in dispensing
systems, contributing to the segment's
significant growth. Due to the increasing use of
these bag-in-boxes for packaging wines and juices
for consumer use, the 1-liter segment is expected
to grow at the fastest CAGR during the forecast
period.
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- Bag-in-Box Container Market Industry Outlook
- Smurfit Kappa, DS Smith PLC
- Liqui-Box Corp
- Scholle IPN Corp
- CDF Corporation Inc.
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Bag-in-Box Container Market Forecast (2021 -
2026) Learn More About the Report _at_
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ontainer-Market-Research-503383
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- Analyst Briefing
- Data Tables
- Key Contacts
- Free Customization
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