- Market Size and Share
- Trends Analysis Report by Product Type
- Flexible Bags: These are the primary component of bag-in-box systems, available in various sizes from 1 liter to 10 liters.
- Rigid Containers: Typically made from cardboard or plastic, these provide structural support for the flexible bags.
- Key Players
- Liqui-Box
- Scholle
- Parish Manufacturing
- Rapak
- AstraPouch
- SIG Combibloc
- CDF Corporation
- Smurfit Kappa
- Goglio
- Shenzhen Wandajie
- Qingdao LAF
- Hangzhou Hansin
- Sanjie Plastic
- By Process
- Gravity Filling: Used for viscous liquids; this method fills the bag using gravity.
- Pump Filling: Ideal for thinner liquids; it utilizes pumps to accurately fill the bags.
- Pressure Filling: Applied to carbonated beverages, where pressure is used to prevent aeration during the filling process.
- By Application
- Alcoholic Drinks: Approximately 25% market share, used predominantly for wines and spirits.
- Post-Mix Syrup: Utilized in restaurants and cafes.
- Dairy and Fruit Juice: Growing sector due to health-conscious consumers.
- Edible Oil: Increasing demand in food industry operations.
- Liquid Egg Sauces and Soups: Expanding due to convenience-driven consumers.
- Fruits and Vegetables: Ideal for purees and sauces.
- By End-Use
- Food and Beverage: The largest segment, driven by consumer demand for packaged products.
- Chemicals and Pharmaceuticals: Growing adoption of BiB systems in non-food sectors for bulk liquid storage.
- By Region
- North America: Holds a market share of 30%, with a strong presence in the beverage industry.
- Europe: Fastest-growing region, especially in countries like France and Italy, known for wine production.
- Asia Pacific: Expecting significant growth due to urbanization and rising disposable income.
- Latin America: Emerging market, with increasing adoption of bag-in-box in artisanal food sectors.
- Middle East and Africa: Limited market potential but gradually emerging as a target for BiB solutions in beverage applications.
- Market News on Policy and Companies
- The EUs commitment to plastic reduction policies, emphasizing sustainable packaging solutions, encouraging companies to focus on recyclable materials.
- Liqui-Box acquired certain assets of Rapak, enhancing its technological capabilities in the filling systems market.
- Smurfit Kappas launch of new recyclable bag-in-box systems tailored for the juice and dairy sectors, aimed at reducing carbon footprints.
- Regulatory initiatives in several regions pushing for standardization and compliance in packaging materials.
- Segment Forecasts 2024 - 2029
- The alcoholic beverage segment is expected to grow at a CAGR of 6% from 2024 to 2029 due to increasing wine consumption trends.
- The dairy and fruit juice applications will likely register a CAGR of about 5% as plant-based alternatives gain popularity.
- Regions such as Asia Pacific are projected to achieve CAGR rates of 8%, driven by urban lifestyle changes.
- Major key players are likely to increase investment in sustainable practices, increasing the supply of eco-friendly BiB systems.
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Table of Contents
Companies Mentioned
- Liqui-Box
- Scholle
- Parish
- Rapak
- AstraPouch
- SIG
- CDF
- Smurfit Kappa
- Goglio
- Shenzhen Wandajie
- Qingdao LAF
- Hangzhou Hansin
- Sanjie Plastic