Overview:

Packaging of food and beverage products is gaining significant importance among the product manufacturers. Nowadays, fresh, flavored and safe food and beverage products are a must among consumers. Thus, packaging solution companies are developing advanced technologies, which ensure compliance of aforementioned factors coupled with texture, nutrition, taste and color of the final product. In food and beverages industry, demand for convenient and aseptic packaging along with less pre-package costs for the manufacturer are key areas to be addressed by the packaging companies. This is anticipated to lead towards adoption of bag in box containers as a preferred mode of packaging for various products. 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.

Bag in box market growth is propelled by consumer awareness regarding hygiene and health, growing disposable income resulting in inclination of consumers towards premium products, increasing consumption of both alcoholic and non-alcoholic beverages, and development of efficient and cost-effective solutions for liquid products packaging. Companies in the bag in box market are focused on geographical expansions through opening of manufacturing locations coupled with developing innovating solutions such as changeable liner bags and aseptic liner bags. However, presence of substitute products that offer better space and economical solution for storing, dispensing and transporting products restrict the bag in box market growth. In addition, bag in box containers packaging equipment are high-priced, leading to less adoption of bag in box packaging in various industries primarily in few potential markets across Asia Pacific and Middle East and Africa.

Key Players Identified for Bag in Box Market Include but are Not Limited to:

Smurfit Kappa Group, Vine Valley Ventures LLC, Liqui-Box, DPP, DS Smith, TPS Rental Systems Ltd., Amcor Limited, Scholle IPN, Parish Manufacturing Inc., Optopack Ltd., and CDF Corporation.

This report offers:

• An overview of the global markets for bag in box
• Market trends assessment for the period 2013-2023, with historical information for 2013 & 2014, and projections through 2023, with respective CAGRs during 2016-2023
• Qualitative assessment tools such as market drivers, challenges and future prospects for bag in box
• Market competition scrutiny tools such as market share analysis, fractal map assessment, attractive investment proposition
• Focus on each level of market segmentation based on product approvals, launch, and current and anticipated market dynamics
• A general overview of the industry structure
• Company profiles highlighting key information about the major players operating in the bag in box market

Historical & Forecast Period

This study report represents analysis of each segment from 2022 to 2032 considering 2023 as the base year. Compounded Annual Growth Rate (CAGR) for each of the respective segments estimated for the forecast period of 2024 to 2032.

The current report comprises of quantitative market estimations for each micro market for every geographical region and qualitative market analysis such as micro and macro environment analysis, market trends, competitive intelligence, segment analysis, porters five force model, top winning strategies, top investment markets, emerging trends and technological analysis, case studies, strategic conclusions and recommendations and other key market insights.

Research Methodology

The complete research study was conducted in three phases, namely: secondary research, primary research, and expert panel review. key data point that enables the estimation of Bag in Box market are as follows:

• Research and development budgets of manufacturers and government spending
• Revenues of key companies in the market segment
• Number of end users and consumption volume, price and value.
• Geographical revenues generate by countries considered in the report
• Micro and macro environment factors that are currently influencing the Bag in Box market and their expected impact during the forecast period.

Market forecast was performed through proprietary software that analyzes various qualitative and quantitative factors. Growth rate and CAGR were estimated through intensive secondary and primary research. Data triangulation across various data points provides accuracy across various analyzed market segments in the report. Application of both top down and bottom-up approach for validation of market estimation assures logical, methodical and mathematical consistency of the quantitative data.

Key questions answered in this report

• What are the key micro and macro environmental factors that are impacting the growth of Bag in Box market?
• What are the key investment pockets with respect to product segments and geographies currently and during the forecast period?
• Estimated forecast and market projections up to 2032.
• Which segment accounts for the fastest CAGR during the forecast period?
• Which market segment holds a larger market share and why?
• Are low and middle-income economies investing in the Bag in Box market?
• Which is the largest regional market for Bag in Box market?
• What are the market trends and dynamics in emerging markets such as Asia Pacific, Latin America, and Middle East & Africa?
• Which are the key trends driving Bag in Box market growth?
• Who are the key competitors and what are their key strategies to enhance their market presence in the Bag in Box market worldwide?