Bag-in-box Containers Global Market Report 2021: COVID-19 Growth And Change

Bag-in-box Containers Global Market Report 2021: COVID-19 Growth And Change from Publisher provides the strategists, marketers and senior management with the critical information they need to assess the global bag-in-box containers market.

This report focuses on bag-in-box containers market which is experiencing strong growth. The report gives a guide to the bag-in-box containers market which will be shaping and changing our lives over the next ten years and beyond, including the markets response to the challenge of the global pandemic.

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Description:
Where is the largest and fastest growing market for the bag-in-box containers- How does the market relate to the overall economy, demography and other similar markets- What forces will shape the market going forward- The Bag-In-Box Containers market global report from Publisher answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography. It places the market within the context of the wider bag-in-box containers market, and compares it with other markets.
- The market characteristics section of the report defines and explains the market.
- The market size section gives the market size ($b) covering both the historic growth of the market, the influence of the COVID-19 virus and forecasting its growth.
- Market segmentations break down market into sub markets.
- The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
- Competitive landscape gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
- The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
- The bag-in-box containers market section of the report gives context. It compares the bag-in-box containers market with other segments of the bag-in-box containers market by size and growth, historic and forecast. It analyses GDP proportion, expenditure per capita, bag-in-box containers indicators comparison.

Scope

Markets Covered: 1) By Material Type: Low Density Polyethylene; Ethylene Vinyl Acetate; Ethylene Vinyl Alcohol; Others (Nylon, poly-butylene terephthalate)
2) By Capacity: Less than 5 litres; 5-10 litres; 10-15 litres; 15-20 litres; More than 20 litres
3) By Application: Food & Beverages; Industrial Liquids; Household Products; Others

Companies Mentioned: Smurfit Kappa Group; D S Smith; Liqui Box Corporation; CDF Corporation; Optopack Ltd

Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA

Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa

Time series: Five years historic and ten years forecast.

Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,

Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.

Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.


Major players in the bag-in-box containers market are Smurfit Kappa Group, DS Smith, Liqui Box Corporation, CDF Corporation, Optopack Ltd, Scholle IPN, Amcor Ltd., Arlington Packaging, Parish Manufacturing Inc, and TPS Rental Systems Ltd.

The global bag-in-box containers market is expected to grow from $3.37 billion in 2020 to $3.59 billion in 2021 at a compound annual growth rate (CAGR) of 6.4%. The growth is mainly due to the companies resuming their operations and adapting to the new normal while recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $4.56 billion in 2025 at a CAGR of 6.2%.

The bag-in-box containers market consists of sales of bag-in-box containers by entities (organizations, sole traders and partnerships) that manufacture bag-in-box containers. A bag-in-box is a kind of container for the distribution and preservation of liquids and is a viable option for packaging juice, liquid eggs, dairy, wine and even non-food products such as motor oil and chemicals.

The bag-in-box containers market covered in the report is segmented by material type into low-density polyethylene, ethylene vinyl acetate, ethylene vinyl alcohol, others (nylon, polybutylene terephthalate); by capacity into less than 5 litres, 5-10 litres, 10-15 litres, 15-20 litres, more than 20 litres; by application into food & beverages, industrial liquids, household products, others.

North America was the largest region in the bag-in-box containers market in 2020. The regions covered in this report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

The increasing demand for plastic bottles in the soft drink industry is expected to hamper the growth of the bag-in-box containers market in the coming years. Plastics tend to do more with less in many aspects, and when it comes to packaging, plastics frequently allow producers to deliver more goods with less packaging content. The highly flexible, lightweight containers built of plastic or plastic-and-foil composites can use up to 80% fewer materials than conventional bag-in-box containers. For instance, around 3 million tonnes of plastic bottles (close to 200,000 bottles per minute) are manufactured annually by the drinks giant Coca-Cola. Therefore, the increasing demand for plastic bottles in the soft drink industry restrains the growth of the bag-in-box containers market.

In February 2020, Liqui Box Corp, a US-based packaging company acquired DS Smith for an undisclosed amount. The acquisition of DS Smith's flexible packaging businesses provides a strong platform to further expand Liquibox's leading value proposition into emerging growth markets, such as coffee, tea, water, and aseptic packaging. DS Smith, a UK-based provider of corrugated packaging for consumer and industrial goods.

The increasing demand for bag-in-box containers is expected to fuel the growth of the bag-in-box containers market in the coming years. A bag-in-box is a kind of container for the distribution and preservation of liquids and is a viable option for packaging of juice, liquid eggs, dairy, wine, and even non-food products such as motor oil and chemicals. According to findings by packaging pioneer Smurfit Kappa in conjunction with Wine Intelligence in 2020, Bag-in-Box wine has drawn 3.7 million new buyers in France and the United Kingdom over the last six months. In 2020 the Bag-in-Box wine consumer sector has risen to around 12 million buyers in France and 4 million buyers in the UK. Therefore, the increasing demand for bag-in-box containers is expected to drive the growth of the bag-in-box containers market during the forecast period.

The growing technological advancements are a major trend gaining popularity in the bag-in-box containers market. Major companies operating in the bag-in-box containers sector are focusing on developing technology advanced solutions for bag-in-box containers. For instance, in January 2019 Smurfit Kappa Group, an Ireland-based packaging company introduced a new high-speed, triple-head automatic filling system. The new machine can fill close to 45 3L Bag-in-Box containers for every minute on its three state filling valves.

The countries covered in the market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.