According to the new market research report "Bag-in-Box Container Market (By Application: Industrial Liquids, Food & Beverages, Household Products; By Type: Ethylene Vinyl Alcohol, Low-Density Polyethylene (LDPE) and Ethylene Vinyl Acetat) - COVID-19 Impact on packaging Industry, Global Forecasts to 2027", published by Precedence Research, the global bag-in-box container market is expected to reach USD 5.4 billion by 2027 from USD 3.04 billion in 2020, at a CAGR of 6.23% during the forecast period.

The bag-in-box container market has been forecast based on volume (kilo tons) and value (US$ Mn) from 2020 to 2027. The report analyses and forecasts the bag-in-box container market at a global and regional level. The study provides an analysis of the period 2016-2027, wherein 2020 to 2027 is the forecast period and 2020 is considered as the base year. It also covers the impact of these drivers and restraints on the demand for bag-in-box container during the forecast period. The report highlights opportunities in this market at the global and regional levels.

The report comprises a detailed value chain analysis, which provides a comprehensive view of this market. The Porter’s Five Forces model for the global market has also been included to help understand the competitive landscape. The study covers market attractiveness analysis, wherein resin types are benchmarked based on their market value, growth rate, and general attractiveness.

Report Highlights

• Growing concentration on accepting better eco-friendly packaging solutions amidst existence of innumerable regulations concerning the influence on the environment supports the tremendous progress of this market
• Great requirement for these packaging products from the food & beverage and industrial products sector further propel the growth of bag-in-box market across Asia Pacific region
• North American market growth is expected to fuel by bag-in-box container demand from various application sectors from Canada and the U.S.

Growth Factors

Bag-in-box containers are attaining huge popularity as an apt substitute for stiff packaging products those were used by the packaging business until some years back. Bag-in-box packaging has appeared as competent packaging that allows corporations to diminish the carbon footprint of their productions. Foremost performers in the bag-in-box containers landscape are leveraging this drift in product advertisings and generating a novel brand identity. With consumers and governing organizations asserting the necessity for environmentally viable and harmless packaging, a rising amount of packaging businesses are penetrating into revolutionizing types and materials of biologically friendly packaging.

Regional Snapshots

Australia, South Korea, Japan, China and India in the Asia Pacific region are assumed to experience substantial growth in the bag-in-box container sector throughout the prediction period. Increasing packaged food and beverages sale due to escalated employed population caused due to rapid industrialization in these nations is flourishing the revenue growth of the market. Proliferating intake of cooking oil products such as sunflower, olive and palm oil due to cholesterol free characteristics caused by fit lifestyle amendment are also accelerating need for bag-in-box packaging solutions across Asia pacific.

Europe is also expected to offer substantial growth in demand for bag-in-box packaging solutions due to expansion of food and beverage sector in this region. Varying consumption patterns of the customers, great levels of urbanization along with swelling acceptance of these types of packaging containers is further bolstering the growth of the market. Augmenting R&D spending by the packaging companies to permit the amalgamation of innovative characteristics such as size and shape is expected to upturn the request for the bag-in-box container during years to come.

Competitive Intelligence

The report provides an understanding of the market composition and explains the role of established players and the regional contributors. It is essential for the market players to make calculative moves and focus on client acquisition and retention. The detailed company profiles will provide the necessary intelligence to the reader. In order to maintain their share, the market players are focusing on strategies such as cross border expansion, product differentiation and so on.

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Market Players

The reports cover key developments in this market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market payers from Bag-in-box container Market are anticipated to lucrative growth opportunities in the future with the rising demand in this global market.

The report also includes the profiles of key bag-in-box container market companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information, key development in past five years.

Major companies operating in this area are:

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

Segments Covered in the Report

This research study comprises comprehensive assessment of the marketplace revenue with the help of prevalent quantitative and qualitative acumens, and forecasts of the market. This report presents breakdown of market into major and niche segments. Furthermore, this research study gauges market revenue growth and its drift at global, regional, and country from 2016 to 2027. This report includes market division and its revenue assessment by categorizing it depending on type, application and region as follows:

By Type

• Ethylene Vinyl Alcohol
• Low-Density Polyethylene 
• Ethylene Vinyl Acetate
• Others

By Application

• Industrial Liquids
• Petroleum Products
• Oils
• Industrial Fluids
• Household Products
• Liquid Detergents
• Household Cleaners
• Food & Beverages
• Alcoholic Beverages
• Beer
• Wine
• Others
• Nonalcoholic Beverages
• Flavored Drinks
• Soft Drinks
• Others
• Others
• Milk & Dairy Products
• Edible Oil
• Others

By Regional Outlook

• North America
• U.S.
• Canada
• Europe
• U.K.
• Germany
• France
• Asia Pacific
• China
• India
• Japan
• South Korea
• Middle East & Africa
• Latin America

This report provides:

• An overview of these global market and related technologies.
• Identifications of new market opportunities and targeted promotional plans for bag-in-box container market.
• Comprehensive company profiles of major players in the industry.
• Discussion of research and development, and the demand for new products and new applications.
• Analyses of global market trends, with data from 2017, estimates for 2016 and 2027, and projections of compound annual growth rates (CAGRs) through 2027.

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