Asia-Pacific Bag-In-Box Packaging Machine Market, By Machine Type (Standalone, Integrated), Automation Type (Semi-Automatic, Automatic, Manual), Packaging Material (Plastic, Paper & Paperboard, Metal, Others), Output Capacity (10 Bags/min, 11-50 Bags/min, 51-100 Bags/min, Above 100 Bags/min), Filling Technology (Aseptic, Non-Aseptic), End-User (Food & Beverages, Paints & Lubricants, Personal Care, Household Products, Healthcare, Others) – Industry Trends and Forecast to 2029
Market Analysis and Size
Aseptic filling technology is often favoured over non-aseptic filling technology in bag-in-box packaging machinery, according to filling technology. Aseptic filling technology extends the shelf life of the product packed inside the bag-in-box packaging equipment and is thus more widely used than non-aseptic filling technology. Drinks will continue to account for more than half of the worldwide aseptic packaging industry. Aseptic beverage packaging is expected to gain from profitable growth and expanding applications.
Data Bridge Market Research analyses that the Asia-Pacific bag-in-box packaging machine market was valued at USD 38.09 million in 2021 and is expected to reach USD 58.46 million by 2029, registering a CAGR of 5.50% during the forecast period of 2022 to 2029. The market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, patent analysis and technological advancements.
Market Definition
Bag-in-box packaging machines can fill plastic pillow bags of 1.5 liters to 25 liters or more. Automatic bag-in-box packaging machines are highly demanding. They aid in increasing the quantity of any beverage's manufacturing in order to meet escalating demand. Bag-in-box is widely used in packaging processed fruit juice and dairy products during the aseptic process. Pasteurized products packed in bag-in-box format are shelf-stable and require no refrigeration.
Report Scope and Market Segmentation
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Report Metric
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Details
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Forecast Period
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2022 to 2029
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Base Year
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2021
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Historic Years
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2020 (Customizable to 2019 - 2014)
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Quantitative Units
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Revenue in USD million, Volumes in Units, Pricing in USD
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Segments Covered
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Machine Type (Standalone, Integrated), Automation Type (Semi-Automatic, Automatic, Manual), Packaging Material (Plastic, Paper & Paperboard, Metal, Others), Output Capacity (10 Bags/min, 11-50 Bags/min, 51-100 Bags/min, Above 100 Bags/min), Filling Technology (Aseptic, Non-Aseptic), End-User (Food and Beverages, Paints and Lubricants, Personal Care, Household Products, Healthcare, Others),
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Countries Covered
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Japan, China, India, South Korea, Australia and New Zealand, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific,
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Market Players Covered
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Liquibox (U.S), DS Smith (UK), Robert Bosch GmbH (Germany), Alfa Laval (Sweden), Engi-O (Australia), Pattyn (Belgium), SACMI (Italy), Scholle IPN (U.S), Technibag (France), Franz Haniel & Cie (Germany)., ProXES GmbH (Germany), Flexifill Ltd (UK), TORR Industries (U.S), ABCO Automation, Inc (North Carolina), IC Filling Systems (UK), Kreuzmayr Maschinenbau GmbH (Austria), Gossamer Structures (Pty) Ltd (South Africa), Triangle Package Machinery Co (U.S), voran Maschinen GmbH (Austria) and Smurfit Kappa (Ireland)
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Market Opportunities
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Asia-Pacific Bag-In-Box Packaging Machines Market Dynamics
This section deals with understanding the market drivers, advantages, opportunities, restraints and challenges. All of this is discussed in detail below:
Drivers
- Increase the consumption of alcoholic
Rapid industrialization has an impact on the growth of the bag-in-box packaging market. The market for bag-in-box packaging machines is being driven by increased demand for end-use food and beverage packaging devices.
- Low-cost packaging with less negotiation
The cost of the purchaser to change a Bag-in-box Packaging Machine product is low and the supplier has less negotiating power. Bag-in-box Packaging Machine products are less varied and the risk of new entrants is increasing. The threat of substitutes grows with low-cost changes for consumers and the availability of alternative therapies.
Opportunities
- A rise in demand for eco-friendly packaging
The forecast period's growth of the bag-in-box packaging machine market increases the need for eco-friendly packaging solutions. Furthermore, the increasing requirement for aseptic packaging in food and pharmaceutical industries is anticipated to boost the bag-in-box packaging machine market. Moreover, the increase in consumer awareness and the growing need for packaged food and beverages due to the rising population is further estimated to cushion the growth of the bag-in-box packaging machine market.
Restraints/ Challenges
At the time of COVID-19, the cost of raw materials became high, acting as a market restraint and further challenging the market growth rate. The non-availability of handle support and the high cost of transportation hindered the growth of the bag-in-box packaging machine market. The inability to carry heavy goods is the primary market restraint that will obstruct the market's growth rate.
Asia-Pacific bag-In-box packaging machine market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the Asia-Pacific Bag-In-Box Packaging Machine s market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
COVID-19 Impact on Asia-Pacific Bag-In-Box Packaging Machine Market
The COVID-19 pandemic had a major impact on the trade segment and Industry. Manufacturers comprehend approaches to revive the current situation by reshaping their sales channels and product innovation. The period of the virus outbreak remains a key factor in assessing the full impact of the pandemic. However, the bag-in-box packaging machine industry is expected to stabilize after 2021. The liquor industry was not impacted cruelly due to the pandemic.
Recent Development
- In October 2019, Rapak increased the bag-in-box production capacity of its Auckland, New Zealand facility due to the requirement in the Asia Pacific. It is expected to rise its manufacturing result by over 125% in the upcoming years.
- In September 2019, the Rapak division of DS Smith PLC developed a durable bag-in-box solution for liquid detergents in response to the rise in the e-commerce demand of laundry detergents and other consumer packaged goods. This particularly designed bag-in-box unit is comprised of biaxially-oriented nylon (BON) lamination, given that good barrier and high puncture resistance.
- In March 2019, Liqui-Box Corp. agreed to get DS Smith’s (UK) plastic division. DS Smith is a foremost provider of corrugated packaging worldwide. Its plastics division includes Rapak and Global Dispensers business. This gaining would provide a worldwide footprint, design capabilities, and service platform that will offer customers the most compelling packaging solutions.
Asia-Pacific Bag-In-Box Packaging Machine Market Scope
Asia-Pacific bag-in-box packaging machine market is segmented on the basis of machine type, automation type, output capacity, filling technology and end-user. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Machine
- Standalone
- Integrated
On the basis of machine, Bag-In-Box packaging machine market is segmented into standalone and integrated.
Automation Type
- Semi-Automatic
- Automatic
- Manual
On the basis of Automation type, Bag-In-Box packaging machine market is segmented into Semi-Automatic, Automatic and manual.
Output Capacity
- 10 Bags/min
- 11-50 Bags/min
- 51-100 Bags/min
- more than 100 Bags/min
On the basis of output capacity, Bag-In-Box packaging machine market is segmented into 10 Bags/min, 11-50 Bags/min, 51-100 Bags/min and more than 100 Bags/min.
Filling Technology
- Aseptic
- Non-Aseptic
On the basis of filling technology, Bag-In-Box packaging machine market is segmented into Aseptic and Non-Aseptic.
End-User
- Food & Beverages
- Paints & Lubricants
- Personal Care
- Household Products
- Healthcare
- Others
On the basis of end-user, Bag-In-Box packaging machine market is segmented into Food & Beverages, Paints & Lubricants, Personal Care, Household Products, Healthcare and Others.
Asia-Pacific Bag-In-Box Packaging Machine Market Regional Analysis/Insights
The Asia-Pacific bag-in-box packaging machine market is analyzed and market size insights and trends are provided by country, materials, output capacity, automation, filling technology and end-user as referenced above.
The countries covered in the Asia-Pacific bag-in-box packaging machine market report are Japan, China, India, South Korea, Australia and New Zealand, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific.
India and China dominate the bag-in-box packaging machine market in terms of market share and revenue and will continue to flourish its dominance during the forecast period. This is due to the rising demand for alcoholic consumption, which increases the production of bag-in-box packaging machines in these countries. China is leading the way in producing and consuming re-usable and eco-friendly bag-In-Box Packaging Machine’s. Due of the ease of making re-usable and eco-friendly, the potential of these countries is high.
The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Asia-Pacific Bag-In-Box Packaging Machine Market Share Analysis
Asia-Pacific bag-In-box packaging machine market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to Asia-Pacific bag-In-box packaging machine market.
Some of the major players operating in the Asia-Pacific Bag-In-Box packaging machine market are:
- Liquibox (U.S)
- DS Smith (UK)
- Robert Bosch GmbH (Germany)
- Alfa Laval (Sweden)
- Engi-O (Australia)
- Pattyn (Belgium)
- SACMI (Italy)
- Scholle IPN (U.S)
- Technibag (France)
- Franz Haniel & Cie (Germany)
- ProXES GmbH (Germany)
- Flexifill Ltd (UK)
- TORR Industries (U.S)
- ABCO Automation, Inc (North Carolina)
- IC Filling Systems (UK)
- Kreuzmayr Maschinenbau GmbH (Austria)
- Gossamer Structures (Pty) Ltd (South Africa)
- Triangle Package Machinery Co (U.S)
- voran Maschinen GmbH (Austria)
- Smurfit Kappa (Ireland)
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