The bag-in-box filler market reached a valuation of US$ 154.6 Mn in 2022 and expected to reach US$ 261.6 Mn in 2032, at a 5.4% CAGR.
A detailed study on bag-in-box filler market by FMI provides riveting insights into key dynamics, such as drivers and opportunities, facilitating the growth in the market. It uncovers challenges posing threats and highlights prospects for growth in the near future.
As per the comprehensive analysis conducted by ESOMAR-certified consulting firm, FMI, the global bag-in-box filler market is expected to grow at a healthy CAGR during the forecast period (2022-2032). The objective of the study is to analyze key market dynamics and uncover critical trends & opportunities that will elevate the sales bag-in-box filler in the coming 10-years
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Furthermore, with rising demand for bag-in-box fillers across industries like food and beverage and chemical, then overall sales of bag-in-box fillers are slated to rise at 5.4% CAGR between 2022 and 2032, totaling a valuation of US$ 261.6 Mn by 2032.
Emerging trends reveal that bag-in-box filler market revenues will create an incremental opportunity of US$ 114.9 Mn during 2022-2032. The reason behind this growth is the expanding food and beverages sector along with a high preference for innovation and technology for various end use items which can serve an individual.
The global demand for bag-in-box fillers is projected to grow at a steady CAGR of 5.4% between 2022 and 2032, in comparison to 4.7% registered from 2015 to 2021. Rising popularity of bag-in-box packaging, growing penetration of automation, and increasing production and consumption of products like beverages, chemicals, and homecare items are driving growth in the global bag-in-box filler market.
Pasteurized products packaged in a bag-in-box format are storage stable and do not require refrigeration. The low carbon footprint and long shelf life of bag-in-box sterile packaging machines provide more sustainable packaging options for a variety of industries, including food & beverages and household items.
Key Bag-in-Box Filler Market Takeaways and Projections
- The U.S. is expected to lead the North america bag-in-box filler market, projecting the fastest growth in the region between 2022 and 2032
- Germany and the U.K. are expected to, collectively, hold the largest share in the Europe market over the assessment period.
- China will dominate the East Asia market, accounting for the largest demand share during the forecast period.
- India is expected to emerge as a highly remunerative market in South Asia, contributing the significant revenue share in the region through 2032.
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Competitive Landscape Analysis
The market survey conducted by FMI offers key trends and challenges in the packaging industry and its consequent impact of bag-in-box filler market. The survey provides a thorough market share analysis to offer an in-depth analysis of prevailing competition.
It also provides a list of leading players and recent development in the global bag-in-box filler market. Some of the prominent market players are A TriMas Company, Linapack, TORR Industries, Smurfit Kappa, Frain Industries, Flexifill Ltd, Machinery Automation, Xi’an Shibo fluid technology co., Ltd, Yantai Fushan Nanhua Packing Factory, Calmus Machinery, RECOPAK, SHRIJETA GLOBAL, Amcor plc, Scholle IPN, Optopack Ltd., Aran Group, DS Smith, Liquibox, ProFruit Machinery™, SACMI Imola.
Bag-In-Box Filler Market by Category
By Automation:
- Automatic
- Semi-automatic
By Filling Technology:
- Aseptic Filling
- Non-aseptic Filling
By End Use:
- Food
- Beverages
- Chemicals
- Homecare
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