Bag-in-Box Container Market Is Reaching A Value Worth USD 4.78 Billion By 2025 | Grand View Research,Inc.

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Bag-in-Box Container Market Is Reaching A Value Worth USD 4.78 Billion By 2025 | Grand View Research,Inc.

February 13
10:32 2020
Bag-in-Box Container Market Is Reaching A Value Worth USD 4.78 Billion By 2025 | Grand View Research,Inc.

Grand View Research, Inc. – Market Research And Consulting.
According to report published by Grand View Research,Rising demand from the household products application, particularly for the packaging of surface cleaners and surface deodorizers, will also propel the bag-in-box container market growth in the coming years.

According to a report, “Bag-in-Box Container Market Size, Share & Trends Analysis Report By Material (LDPE, Ethylene Vinyl Acetate, Ethylene Vinyl Alcohol), By Application (Household Products, Industrial Liquids, F&B), And Segment Forecasts, 2019 – 2025”, published by Grand View Research, Inc.,The global bag-in-box container market size is projected to reach USD 4.78 billion by 2025 expanding at a CAGR of 6.3%, according to a new report by Grand View Research, Inc. Increasing consumption of alcoholic beverages has emerged as a key factor fueling the demand for bag-in-box containers in the food & beverage industry. Rising demand from the household products application, particularly for the packaging of surface cleaners and surface deodorizers, will also propel the market growth in the coming years. Growing urban population across the globe has further contributed to the industry growth owing to increased demand for hygiene and personal care products.

Prominent companies in the global bag-in-box market include Amcor Ltd.; DS Smith; Liqui Box Corp.; Parish Manufacturing, Inc.; Scholle IPN; CDF Corp.; and Smurfit Kappa Group

Packaging of low-foam detergents in bag-in-box containers coupled with rising demand for these detergents is also likely to have a positive impact on the market growth. Europe has witnessed a considerable demand for the product in the recent years. This growth was attributed to the increased consumption of cooking oils and sauces and the well-established food sector in the region. In addition, rising preference for organic and healthy food will also help boost market expansion. The region has also been witnessing high demand for convenient and flexible packaging solutions. This development has been encouraging major food brands operating in the flexible packaging to increase their scale of operation in Europe.

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U.S. bag-in-box container  market

Further key findings from the study suggest:

  • Low-Density Polyethylene (LDPE) held the largest market share in 2018 and is expected to be the second fastest-growing material segment over the forecast period

  • The food & beverages application segment accounted for the largest share in 2018 owing to an increased consumption of alcoholic beverages across the globe

  • Household products segment is anticipated to witness the fastest CAGR over the forecast period on account of rising product application scope in the packaging of cleaning products

  • APAC is expected to be the fastest-growing regional market over the forecast period due to increasing exports by counties like Japan, China, and India

Application Insights

Based on application, the global market has been segmented into Food & Beverage (F&B), industrial liquids, and household products. Food & beverage segment accounts for the maximum share of the product demand; thus, plays a major role in the market growth. Factors, such as growing awareness about healthier products along with rising disposable income levels and improved standards of life in developing countries, are also estimated to boost the segment growth, thereby driving the overall market.

Global bag-in-box container  market

Introduction of packaging solutions for F&B applications that offer ease of consumption is likely to be the major growth-driving factor over the coming years. In addition, F&B manufacturers are adding various options, such as adding nutritious products to their product line and offering healthier snack items, along with innovative packaging, which, in turn, is likely to fuel demand for bag-in-box container.

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Grand View Research has segmented the global bag-in-box container market on the basis of material, application, and region:

Bag-in-Box Container Material Outlook (Revenue, USD Million, 2014 – 2025)

  • Low-Density Polyethylene (LDPE)

  • Ethylene Vinyl Acetate

  • Ethylene Vinyl Alcohol

  • Others

Bag-in-Box Container Application Outlook (Revenue, USD Million, 2014 – 2025)

  • Food & Beverage

  • Household Products

  • Industrial Liquids

Bag-in-Box Container Regional Outlook (Revenue, USD Million, 2014 – 2025)

  • North America

    • U.S.

    • Canada

    • Mexico

  • Europe

    • Germany

    • U.K.

    • France

  • Asia Pacific

    • India

    • China

    • Japan

  • Central & South America

    • Brazil

  • Middle East & Africa

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About Grand View Research

Grand View Research provides syndicated as well as customized research reports and consulting services on 46 industries across 25 major countries worldwide. This U.S.-based market research and consulting company is registered in California and headquartered in San Francisco. Comprising over 425 analysts and consultants, the company adds 1200+ market research reports to its extensive database each year. Supported by an interactive market intelligence platform, the team at Grand View Research guides Fortune 500 companies and prominent academic institutes in comprehending the global and regional business environment and carefully identifying future opportunities.

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