Global Bag-in-Box Packaging Machine Market, By Machine Type (Standalone and Integrated), Automation Type (Semi-Automatic, Automatic and Manual), Packaging Material (Plastic, Paper and Paperboard, Metal and Others), Output Capacity (10 Bags/min, 11-50 Bags/min, 51-100 Bags/min and Above 100 Bags/min), Filling Technology (Aseptic and Non-Aseptic), End User (Food and Beverages, Paints and Lubricants, Personal Care, Household Products, Healthcare and Others), Country (U.S., Canada, Mexico, Germany, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia- Pacific, Brazil, Argentina, Rest of South America, South Africa, Saudi Arabia, UAE, Egypt, Israel, Rest of Middle East & Africa) Industry Trends and Forecast to 2028.
Market Analysis and Insights of Bag-in-Box Packaging Machine Market
Rising industrialisation and rising demand for bag-in-box packaging machine solutions by the various end user verticals such as food and beverages industry are the two major factors attributable to the growth of bag-in-box packaging machine market. Data Bridge Market Research analyses that the bag-in-box packaging machine market will project a CAGR of 5.20% for the forecast period of 2021-2028.
Bag-in-box packaging is a flexible packaging solution that is used for the storage or transportation of liquids. The bag-in-box packaging solution prevents oxidation of liquids which makes it an ideal packaging solution for beverages like wine. It is inexpensive and offers a range of environmental benefits of other packaging solutions.
Rising demand for eco-friendly packaging solutions is inducing growth in the bag-in-box packaging machine market value. Rising demand for aseptic packaging in food and pharmaceutical industries is another important factor fostering the growth of bag-in-box packaging machine market. Rising consumer awareness, rising demand for packaged food and beverages as a result of rising population and rising personal disposable income are some other indirect market growth determinants. Increased focus of the manufacturers on bag-in-box packaging solutions owing to its inexpensive nature is another factor bolstering the market growth.
However, regions like North America and Europe have to incur huge exporting costs to countries like India, China and Japan. This is because of the materials like steel and aluminium being used in the manufacturing of bag-in-box packaging machines. Thus, this will slow down the market growth rate.
This 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 localised 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 bag-in-box packaging machine market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Bag-in-Box Packaging Machine Market Scope and Market Size
Global bag-in-box packaging machine market is segmented on the basis of machine type, automation type, packaging material, output capacity, filling technology and end user. The growth amongst these segments will help you analyse meagre growth segments in the industries, and provide the users with valuable market overview and market insights to help them in making strategic decisions for identification of core market applications.
- On the basis of machine type, the bag-in-box packaging machine market is segmented into integrated and standalone.
- On the basis of automation type, the bag-in-box packaging machine market is segmented into automatic, semi-automatic and manual.
- On the basis of packaging material, the bag-in-box packaging machine market is segmented into plastics, metals, paper and paperboard and others.
- On the basis of output capacity, the bag-in-box packaging machine market is segmented into 10 bags/minute, 11-50 bags/minute, 51-100 bags/minute and above 100 bags/minute.
- On the basis of filling technology, the bag-in-box packaging machine market is segmented into aseptic and non-aseptic.
- On the basis of end user, the bag-in-box packaging machine market is segmented into food and beverages, household products, paints and lubricants, healthcare, personal care and others.
Global Bag-in-Box Packaging Machine Market Country Level Analysis
The global bag-in-box packaging machine market is analysed and market size insights and trends are provided by country, machine type, automation type, packaging material, output capacity, filling technology and end user as referenced above.
The countries covered in the bag-in-box packaging machine market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
Asia-Pacific region is set to undergo substantial gains during the forecast period and project the highest compound annual growth rate (CAGR) for this period. This is because of rising industrialization, urbanization, globalization and growth and expansion of packaging industry. China, India, Malaysia, and Japan will emerge as the major contributors from this region owing to the increased application of bag-in-box packaging solutions by the various end user verticals.
The country section of the bag-in-box packaging machine market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, 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 Bag-in-Box Packaging Machine Market Share Analysis
The 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 bag-in-box packaging machine market.
The major players covered in the bag-in-box packaging machine market report TORR Industries, ABCO Automation, Inc., IC Filling Systems, Kreuzmayr Maschinenbau GmbH, Innovative Packaging Company, Triangle Package Machinery Co., Quadrant Equipment, voran Maschinen GmbH, Smurfit Kappa, Liquibox, DS Smith, Robert Bosch GmbH, Alfa Laval, Engi-O, Pattyn Group, SACMI, Scholle IPN, Technibag, Franz Haniel & Cie. GmbH, ProXES GmbH, Flexifill Ltd., and Amcor plc among other domestic and global players. Market share data is available for Global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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