Bag-in-Box Container Industry Outlook By Executive Summary, Market Variables, Trends And Scope 2014-2025
Global Bag-In-Box Container
Market size is expected to
reach USD 4.80 billion by 2025, according to a new report by Grand View
Research, Inc. The industry is expected to witness significant rise owing to
increasing demand for the product in the household segment. Increasing demand
for the product for packaging alcoholic beverages coupled with ease of product
handling is expected to drive growth over the forecast period.
Rising
consumption of the product in the household segment owing to the launch of
various innovative packaging types coupled with reduced product prices in
comparison to other available substitutes is anticipated to propel growth. In
addition, the rise in the use of biodegradable and environmental-friendly material
for manufacturing the product is likely to propel growth.
Global
players capture majority of the revenue share for the product. The production
capacities of existing players are high and the products are sold through
established distribution networks. In addition, the use of advanced and
innovative product technologies by manufacturers to gain a competitive
advantage is likely to trigger the industry growth.
Notable
changes in consumer lifestyle and growing inclination toward the use of high
priced bag-in-box container for packaging products such as wine and beer are
likely to result in rising demand. In addition, the use of high-quality
products to improve product barrier properties and declining product cost are
likely to increase the market growth over next eight years.
Full
Research Report on Global Bag-in-Box Container Market Analysis:
http://www.grandviewresearch.com/industry-analysis/bag-in-box-containers-market
http://www.grandviewresearch.com/industry-analysis/bag-in-box-containers-market
Further
key findings from the report suggest:
- LDPE
segment is expected to account for 51.8% of the global industry revenue on
account of superior product flexibility and barrier properties, leading to
high adoption by the beverage manufacturers
- Household
segment, in terms of revenue, is likely to reach USD 1,094.8 million by
2025 owing to rise in the consumption of household cleaning products coupled
with the growth of the home-care product segment
- In
terms of revenue, Europe accounted for the highest market share in 2016 at
USD 1,069.0 million in 2016 owing to the high consumption of alcoholic
beverages and packaged beverage products
- The
bag-in-box container industry has significant number of established and
domestic players. The high production capacities of the manufacturers are
expected to benefit the industry growth by producing higher volumes of the
product coupled with the incorporation of advanced product packaging
solutions
View more reports of this category by
Grand View Research at:http://www.grandviewresearch.com/industry/specialty-glass-ceramic-and-fiber
Grand View Research has segmented the
Global Bag-In-Box Container Market on the basis of material, application, and
region:
Material
Outlook (Revenue, USD Million; 2014 - 2025)
- Low Density Polyethylene
- Ethylene Vinyl Acetate
- Ethylene Vinyl Alcohol
- Others
Application
Outlook (Revenue, USD Million; 2014 - 2025)
- Food & Beverage
- Alcoholic Beverages
- Non-alcoholic Beverages
- Other Food
- Industrial Liquids
- Household Products
Regional
Outlook (Revenue, USD Million; 2014 - 2025)
- North America
- U.S.
- Canada
- Mexico
- Europe
- UK
- Germany
- France
- Asia Pacific
- China
- India
- Japan
- Central & South America
- Brazil
- Middle East & Africa
View Blog
On this research report by Grand View Research:
http://www.grandviewresearch.com/press-release/global-bag-in-box-container-market
http://www.grandviewresearch.com/press-release/global-bag-in-box-container-market
About
Grand View Research
Grand View Research, Inc. is a U.S. based market
research and consulting company, registered in the State of California and
headquartered in San Francisco. The company provides syndicated research
reports, customized research reports, and consulting services. To help clients
make informed business decisions, we offer market intelligence studies ensuring
relevant and fact-based research across a range of industries, from technology
to chemicals, materials and healthcare.
For more
information: www.grandviewresearch.com
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