02-Oct-2024 | Zion Market Research
Zion Market Research has published a new report titled “Global Bag-in-Box Market – By Material State (Semi-Liquid and Liquid), By Capacity (<1 Liter, 3–5 Liters, 5–10 Liters, 10–20 Liters, >20 Liters), By Component (Bags, Boxes, and Fitments), By Tap (With Tap and Without Tap), By End-Use Sector (Food, Beverage, Industrial, and Others), and By Region: Global Industry Perspective, Comprehensive Analysis, and Forecast, 2024 – 2032.” According to the report, the global Bag-in-Box Market was valued at USD 4.29 Billion in 2023 and is projected to hit USD 7.94 Billion by 2032, with a compound annual growth rate (CAGR) of 7.08% during the forecast period 2024-2032.
Browse the full “Global Bag-in-Box Market – By Material State (Semi-Liquid and Liquid), By Capacity (<1 Liter, 3–5 Liters, 5–10 Liters, 10–20 Liters, >20 Liters), By Component (Bags, Boxes, and Fitments), By Tap (With Tap and Without Tap), By End-Use Sector (Food, Beverage, Industrial, and Others), and By Region: Global Industry Perspective, Comprehensive Analysis, and Forecast, 2024 – 2032.” Report at https://www.zionmarketresearch.com/report/bag-in-box-market
The 5–10 Liters category is predicted to grow at a significant rate during the forecast period. The use of 5–10-liter Bag-in-Boxes is basically found in the dispensing systems used by beverage producers, foodservice operators, and quick-serve restaurants. This factor is projected to help propel the growth of the Bag-in-Box market. Furthermore, the rising demand for utilization of these bags for packaging juices and wines for consumer use is also estimated to boost the market expansion. The mounting demand for larger packaging among the food& beverages lovers is one of the primary factors bolstering the growth of this market.
The beverage category is expected to be the highest-growing sector in the Bag-in-Box market during the forecast period owing to the rising consumption rate of alcoholic beverages. Additionally, the demand for longer shelf life of products and the demand for effortlessness handling and transportation will further supplement the expansion of the Bag-in-Box market.
Europe is expected to dominate the global Bag-in-Box market owing to the well-establishment of it in the region. In addition, the advancing global economy, surging working population, high demand for food products and alcoholic drinks is anticipated to boost the growth of the global Bag-in-Box market. Moreover, the stringent regulations for the usage of plastic and high sustainability criterions, with the primary focusing being reducing packaging waste is expected to drive the growth of the market in Europe.
Some of the key players of the global Bag-in-Box market include Smurfit Kappa and DS Smith PLC.
Global Bag-in-Box Market: By Component Segmentation Analysis
Global Bag-in-Box Market: By Capacity Segmentation Analysis
Global Bag-in-Box Market: By Material State Segmentation Analysis
Global Bag-in-Box Market: By Tab Segmentation Analysis
Global Bag-in-Box Market: By End-Use Sector Segmentation Analysis
Global Bag-in-Box Market: By Regional Segmentation Analysis
About Us:
Zion Market Research is an obligated company. We create futuristic, cutting-edge, informative reports ranging from industry reports, the company reports to country reports. We provide our clients not only with market statistics unveiled by avowed private publishers and public organizations but also with vogue and newest industry reports along with pre-eminent and niche company profiles. Our database of market research reports comprises a wide variety of reports from cardinal industries. Our database is been updated constantly in order to fulfill our clients with prompt and direct online access to our database. Keeping in mind the client’s needs, we have included expert insights on global industries, products, and market trends in this database. Last but not the least, we make it our duty to ensure the success of clients connected to us—after all—if you do well, a little of the light shines on us.
Contact Us:
Zion Market Research
244 Fifth Avenue, Suite N202
New York, 10001, United States
Tel: +49-322 210 92714
USA/Canada Toll-Free No.1-855-465-4651
Email: sales@zionmarketresearch.com
Website: https://www.zionmarketresearch.com
Zion Market Research
Tel: +1 (302) 444-0166
USA/Canada Toll Free No.+1 (855) 465-4651
3rd Floor,
Mrunal Paradise, Opp Maharaja Hotel,
Pimple Gurav, Pune 411061,
Maharashtra, India
Phone No +91 7768 006 007, +91 7768 006 008
US OFFICE NO +1 (302) 444-0166
US/CAN TOLL FREE +1 (855) 465-4651
Email: sales@zionmarketresearch.com
We have secured system to process your transaction.
Our support available to help you 24 hours a day, five days a week.
Monday - Friday: 9AM - 6PM
Saturday - Sunday: Closed