Title: Bag in Box Container Market Size Forecast to Reach $2.8 Billion by 2026
1Bag-in-Box Container Market - Forecast 2021 -
2026
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- Bag-in-box container market size is forecast to
reach US2.8 billion by 2026, after growing at a
CAGR of 4.3 during 2021-2026. - The bag-in-box packaging system was developed to
address the challenges of packaging
paste-textured and liquid food products such as
water, wine, sauce, syrup, juice, and fats,
purees, and oils. In the food and beverage
industry, the growing use of ethylene vinyl
acetate and low density polyethylene based
bag-in-box containers for the packaging of
alcoholic beverages, edible oils, and dairy
products has served as a crucial driving factor.
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- Key Takeaways
- Asia-Pacific dominates the bag-in-box container
market. Over the forecast period, the growing
food and beverage market in the Asia Pacific is
expected to benefit the bag-in-box container
industry. - The market is likely to be driven by the rising
consumption of packaged nutritional food
products, which offer benefits such as food
safety and quality at affordable prices.
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By Distribution Channel- Segment Analysis The
5-10 liter segment held a significant share in
the bag-in-box container market in 2020 and is
forecasted to grow at a CAGR of 3.7 during
2021-2026. Beverage manufacturers, foodservice
operators, and quick-serve restaurants have all
used 510-liter bag-in-boxes in dispensing
systems, contributing to the segment's
significant growth. Due to the increasing use of
these bag-in-boxes for packaging wines and juices
for consumer use, the 1-liter segment is expected
to grow at the fastest CAGR during the forecast
period.
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- Bag-in-Box Container Market Industry Outlook
- Smurfit Kappa
- DS Smith PLC
- Liqui-Box Corp.
- Scholle IPN Corp
- CDF Corporation Inc.
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Bag-in-Box Container Market - Forecast 2021 -
2026 Learn More About the Report _at_
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ntainer-Market-Research-503383
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