- Significant demand to arise from beverages industry, particularly from the wine-drinking regions of the globe
- Eco-friendly packaging solutions witnessing an upward facing demand curve, driving up growth in the market for bag-in-box containers, which are recyclable. Asia Pacific to be a lucrative regional market over the forecast period
ALBANY, New York, May 26, 2020 /PRNewswire/ -- The Global Bag-in-box Packaging Machine Market is anticipated to record a growth rate of 5.6% from 2019 to 2027. This will translate to a higher market valuation and a host of profitable avenues. Additionally, it is worth noting here that numerous factors of growth are supporting the projected growth for this market.
As per Transparency Market Research, "As the beverage industry moves towards automation for effective packaging solutions, demand for bag-in-box machines will grow. This is particularly true for regions that are considered wine-drinking - such as North America and Europe."
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Key Findings of Global Bag-in-box Packaging Machine Market Study:
- Growth in popularity and demand for aseptic filling technology to be noted over the forecast period owing to low carbon footprint and extended shelf life of these machines
- High demand exists for automatic bag in box packaging machines due to extensive use in packaging of dairy products and processed juice
- Asia Pacific to account for a prominent share in the Global Bag-in-box Packaging Machine Market
Gather core insights about the growth dynamics of the Bag-in-box Packaging Machine Market (machine Type - Integrated Systems, Standalone Units; Automation Type - Automatic, Semi-automatic; Output Capacity - Up to 10 Bags/Min, 11 - 50 Bags/Min, 51 - 100 Bags/Min, Above 100 Bags/Min; Filling Technology - Aseptic Filling, Non-aseptic Filling; End Use - Food, Beverages, Industrial Products, Household Products, Paints & Lubricants, Healthcare & Personal Care) - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2019 - 2027 at https://www.transparencymarketresearch.com/bag-inbox-machine-market.html
Key Drivers of Growth in Global Bag-in-box Packaging Machine Market:
As per Transparency Market Research, the Global Bag-in-box Packaging Machine Market would grow at the back of a number of trends and drivers. Some of the most prominent ones are detailed out below:
- Need for shelf stable products is growing, driving-up demand for bag-in-box packaging, propelling growth in the machines market
- Eco-friendly properties of aseptic bag-in-box-packaging machines will also add to their demand curve
- Automation is being adopted by the beverages industry to ensure effective packaging, leading to demand for machines
- Countries in North America and Europe are creating demand for these machines for packaging of wine
- The United States of America and France are significant growth propellers as heavy demand comes for eco-friendly packaging
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Regional Analysis of Global Bag-in-box Packaging Machine Market:
- Asia Pacific (APAC) is the prominent region in the market - accounting for 38.4% of market share; region will grow at 7.8% CAGR from 2019 to 2027
- India to be a lucrative market, followed by China, in the Asia Pacific (APAC) region
- Germany and the United States of America to witness sluggish growth over the period
Analyze Global Bag-in-box Packaging Machine Market growth in 30+ countries including US, Canada, Germany, United Kingdom, France, Italy, Russia, Poland, Benelux, Nordic, China, Japan, India, and South Korea. Request a sample of the study
Competitive Landscape of Global Bag-in-box Packaging Machine Market:
The Global Bag-in-box Packaging Machine Market is fragmented and incorporates a decent number of prominent players in its vendor landscape. Some of the most notable players are Smurfit Kappa Group, DS Smith Packaging Ltd., Bosch Packaging Technology GmbH, Triangle Package Machinery Co., ABCO Automation, Inc, Rovema GmbH, IC Filling Systems, Sacmi Imola S.C, Voran Maschinen GmbH, TORR Industries, Kreuzmayr Maschinenbau GmbH, Flexifill Ltd, Terlet BV, and Gossamer Packaging Machinery, among others. These are profiled in the market report prepared by Transparency Market Research.
It is quite significant to note here that a plethora of varied growth strategies - organic and inorganic - is being noted opted for by the top players in the market in order to ensure that they lay claim to a significant share of the market growth.
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Global Bag-in-box Packaging Machine Market: Segmentation
Machine Type:
- Integrated Systems
- Standalone Units
Automation Type:
- Automatic
- Semi-automatic
Output Capacity:
- Up to 10 Bags/Min
- 11 - 50 Bags/Min
- 51 - 100 Bags/Min
- Above 100 Bags/Min
Filling Technology:
- Aseptic Filling
- Non-aseptic Filling
End Use:
- Food
- Beverages
- Industrial Products
- Household Products
- Paints & Lubricants
- Healthcare & Personal Care
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