A bag-in-box is a container for the storage and transportation of liquids. It consists of a strong bladder (or plastic bag), usually made of several layers of metallised film or other plastics, seated inside a corrugated fiberboard box. Bag-in-Box is a sustainable choice of packaging for many industries such as wine, juice, liquid eggs, dairy and also non-food applications such as motor oil and chemicals.
The "Global Bag-In-Box Container Market Analysis to 2028" is a specialized and in-depth study of the chemicals and materials industry with a special focus on the global market trend analysis. The report aims to provide an overview of the bag-in-box container market with detailed market segmentation by application and geography. The report provides key statistics on the market status of the leading bag-in-box container market players and offers key trends and opportunities in the market.
Based on application, the global bag-in-box container market is segmented into food & beverages, industrial liquids, household products, and others.
MARKET DYNAMICS Drivers
Changing consumption patterns of the consumers, high levels of urbanization coupled with increasing popularity of such packaging.
Increasing investments in R&D by the packaging manufacturers to enable the incorporation of new features including shape, size, features.
Rising health concerns of people coupled with demand for hygienic products.
Increasing consumption of the packaged nutritional food products, with benefits such as food safety and quality at reasonable prices.
Abundant availability of the plastic bottles at lower prices.
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2019 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The bag-in-box container market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the marketduring the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the bag-in-box container market in these regions.
IMPACT OF COVID-19 ON bag-in-box container MARKET
COVID-19 first began in Wuhan (China) during December 2019 and since then it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, the UK, Turkey, Italy, and Spain are some of the worst affected countries in terms confirmed cases and reported deaths. The chemical & materials industry is one of the major industries suffering serious disruptions, such as supply chain breaks, technology events cancellations, and office shutdowns, as a result of this pandemic. The shutdown of various plants and factories in leading regions such as North America, Europe, Asia Pacific, South America, and the Middle East & Africa has affected the global supply chain and negatively impacted the manufacturing, delivery schedules, and sales of various goods. Furthermore, various companies have already announced possible delays in product deliveries and slump in future sales of their products. The market for 3D printed metal is impacted by the pandemic due to shortfall in production along with halt in construction projects due to global lockdown.
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The report covers key developments in the bag-in-box container market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the marketwere acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from bag-in-box container market are anticipated to lucrative growth opportunities in the future with the rising demand for bag-in-box container in the global market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the bag-in-box container market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
Parish Manufacturing Inc.
Vine Valley Ventures LLC
Smurfit Kappa Group
TPS Rental Systems Ltd.
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.
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The List of Companies
1. Scholle IPN
2. DS Smith
4. CDF Corporation
5. Parish Manufacturing Inc.
6. Amcor Limited
7. Vine Valley Ventures LLC
8. Smurfit Kappa Group
9. Optopack Ltd
10. TPS Rental Systems Ltd.