Global Bag-In-Box Packaging Machine Market is expected to grow at a substantial CAGR of 6.7% in the forecast period of 2019 to 2026. The years considered for study are as mentioned below.
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The global bag-in-box packaging machine market is a fragmented market which includes key players and local players. The market is growing owing to the favourable market scenario. The market has a prominent growth in upcoming years due to increased benefits of bag-in-box packaging, increased application of bag-in-box packaging in various industries, growth of the global retail industry and growing demand of beverage products.
The market has witnessed developments in terms of merger and acquisitions or product launches to enhance the product portfolio to meet the rising demand. For instance, in March 2019, Smurfit Kappa strengthened their Vitop tap manufacturing capabilities by acquiring an injection facility in the U.S. This new plant would support the growth in both the non-food and wine markets and will facilitate the advancement of the state-of-the-art new dispensing technology in the Americas.
Smurfit Kappa dominated the bag-in-box packaging machine market and accounts for the highest market share in 2018 which is followed by DS Smith and Robert Bosch GmbH. The other key players existing in the market includes are Liqui-Box, Alfa Laval, Engi-O, Pattyn Group, SACMI, Scholle IPN, Technibag, Franz Haniel & Cie. GmbH, ProXES GmbH, Flexifill Ltd., TORR Industries, ABCO Automation, Inc., IC Filling Systems, Kreuzmayr Maschinenbau GmbH, Gossamer Structures (Pty) Ltd, Triangle Package Machinery Co., Quadrant Equipment, voran Maschinen GmbH and others.
Smurfit Kappa:
Smurfit Kappa headquartered in Dublin, Ireland was founded in 1934. The company is mainly engaged in offering paper based packaging across the world. The company offers their products through the geographical segment such as Europe and the Americas. The product related to the global bag-in-box packaging machine market falls under both the segments.
- In January 2019, Smurfit Kappa launched a new BIB 700 Triple Head system which features high speed and automatic filling machine. This would help in offering higher performance and longer shelf-life Bag-in-Box packaging solutions to the customers.
It has its global networks through direct sales representatives and distributors in the Americas and Europe. The company has various subsidiaries such as Smurfit Kappa North America LLC (U.S.), Carton de Colombia (Colombia), Grupo Smurfit Mexico, S.a. De C.v. (Mexico), Smurfit Kappa de Argentina, S.A. (Argentina), Smurfit Kappa Holdings Italia, S.p.A (Italy) and others.
DS Smith:
DS Smith headquartered in London, U.K. was founded in 1940. The company is a provider of corrugated packaging and a specialist in plastic packaging worldwide. The company mainly manages their operations through different geographical segments such as Western Europe, Central Europe and Italy, UK, DCH and Northern Europe and North America.
- In April 2019, DS Smith modified their Bag-in-Box offering for the beverage application with an improved bag fitment for the juice and post-mix syrup applications. This system provides connection of the juice or post-mix syrup bag-in-box to the commercial fountain dispensing machine, controlled mixes of the beverages and guarantees precise. The improved versions of the PCSS fitment consists of two extended side-tabs which offer a robust connection when the system is paired with the Rapak’s PCSS+ screw on line side connector.
It has its global networks through direct sales representatives and distributors in Europe, North America, South America, Asia-Pacific. The company has various subsidiaries such as DS Smith Plastics (U.K.), S.C. Ecopack S.A. (Romania), Corrugated Container Corporation (U.S.), Cartón Plástico S.A. (Madrid), Diseño de Contenedores y Embalajes S.A. (Spain), TRM Packaging Ltd. (U.K.) and others.
Robert Bosch GmbH:
Robert Bosch GmbH is headquartered in Gerlingen, Germany and founded in 1886. The company is engaged in mobility, consumer goods, industrial technology & energy and building technology. The company operates through four business segments which include mobility solutions, consumer goods, industrial technology and energy and building technology. The product related to the global bag-in-box packaging machine market falls in the industrial technology segment.
- In February 2016, Bosch modified 20 year-old Bag-in-Box Line for Ulmer Schokoladen. Ulmer Schokoladen offers production of chocolate products for both retail and industrial manufacturing for more than 150 years. The new machine provides high flexibility. The manufacturer can either fill two different products in flat bags or the same product in two bags simultaneously on the two vertical baggers.
The company has wide geographic presence in Central America, North America, South America, Europe, Asia-Pacific, Middle East & Africa. It operates through its subsidiaries such as Bosch Healthcare Solutions GmbH (Germany), Bosch Software Innovations GmbH (Germany), Robert Bosch Venture Capital GmbH (Germany), BSH Hausgeräte GmbH (Germany), Robert Bosch Smart Home GmbH (Germany) and others.
