Global Bag –in- Box Container Market was valued at USD 3.5 billion in 2018 which is expected to reach USD 5.8 billion by 2030 at a CAGR 6.8%.
Bag-in-Box container consist plastic bag which is produced from various materials such as ethylene vinyl acetate, ethylene vinyl alcohol, and low-density polyethylene (LDPE). The overall bag-in-box containers are widely used for storing industrial liquid foods and packaging of food and beverages products. Also, bag-in-box containers are used for household products, Food & beverages products and industrial liquid products.
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Top Key Players/Manufacturers of Global Bag –in- Box Container Market:
- Optopack Ltd., TPS Rental Systems Ltd, Parish Manufacturing Inc., Vine Valley Ventures LLC, Amcor Limited, Liqui-Box, CDF Corporation,Scholle IPN, DS Smith, and Smurfit Kappa Group.
Bag –in- Box Container Market Production Breakdown Data by Top Regional scope:
· NorthAmerica
· Asia Pacific
· Europe
· Latin America
· Middle East
By Drivers, Global Bag –in- Box Container Market is Primarily split into:
- Increase in demand for bag-in-box container in various sectors like household cleaners, alcoholic beverages, milk and dairy products expected to drive the global bag-in-box container market growth during the forecast period. Furthermore, growing demand for household products and hygiene promoting products like household cleaners will have the positive impact on global bag-in-box-container market growth. Moreover, growing industrial fluid demands for processes including metal demonstration cleaning & metal removal, owing to increase in industrialization is expected to fuel the global bag—in-box container market growth.
Market Trends:
· Consumer preferences for eco-friendly products and regulatory restrictions are linked to the growing demand for sustainable packaging.
· Introduction of cutting-edge barrier coatings and tamper-proof designs to increase the longevity and safety of products.
By Material Types:
- Ethylene Vinyl Acetate
· Ethylene Vinyl Alcohol
· Low-Density Polyethylene
· Others
By End Users:
- Household Products
· Industrial Liquid Products
· Food & Beverages Products
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