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Bag-in-Box Market worth USD 1.9 Billion by 2024 | Smurfit Kappa, DS Smith PLC, Liqui-Box Corp, Scholle IPN Corp AND Others.

02-14-2020 12:50 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: ReportsandReports

Bag-in-Box Market worth USD 1.9 Billion by 2024 | Smurfit Kappa,

According to Market Study Report, Bag-in-Box Market provides a comprehensive analysis of the Bag-in-Box Market segments, including their dynamics, size, growth, regulatory requirements, competitive landscape, and emerging opportunities of global industry. This report also provides market landscape and market share information in the Bag-in-Box Market.

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The Bag-in-Box Market is projected to grow from US$ 1.6 Billion in 2019 to US$ 1.9 Billion by 2024, at a Compound Annual Growth Rate (CAGR) of 3.8%. This report spread across 165 Pages, Profiling 11 Companies and Supported with 136 Tables and 37 figures is now available in this research.

Top Companies Profiled in the Bag-in-Box Market:
o Smurfit Kappa (Ireland)
o DS Smith PLC (UK)
o Liqui-Box Corp.(US)
o Scholle IPN Corp(US)
o CDF Corporation Inc. (US)

"In terms of both value and volume, the beverage segment is projected to grow at a higher CAGR during the forecast period."
The beverages segment, by end-use sector, is projected to grow at a higher CAGR during the forecast period, in terms of value and volume. Bag-in-box for beverages provides lightweight, sustainable, easy to handle, protection from contamination, and easy transportation; these factors make bag-in-boxan ideal choice in beverage packaging.

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"In terms of both value and volume, the European bag-in-box market is projected to contribute the maximum share during the forecast period."
In terms of value, the European region is projected to lead the bag-in-box market from 2019 to 2024, due to the strong demand from countries such as the UK, France, Italy, and Spain. This demand in these mentioned countries is due to the tremendous growth of wine production and consumption in these countries. The demand is also driven by the increase in sustainable packaging awareness among developed countries.

Competitive Landscape of Bag-in-Box Market:
1 Overview
2 Competitive Scenario
2.1 Expansions & Investments
2.2 New Product Developments
2.3 Mergers & Acquisitions
4 Partnerships
3 Microquadrant for Bag-In-Box Manufacturers
4 Bag-In-Box Market (Global) Competitive Leadership Mapping, 2018
4.1 Strength of Product Portfolio
4.2 Business Strategy Excellence

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Reason to access this report:
The report is projected to help market leaders/new entrants in this market with information on the closest approximations of the revenue numbers of the overall bag-in-box market and its segments and sub segments. This report is projected to help stakeholders understand the competitive landscape of the market and gain insights to improve the position of their businesses and plan suitable go-to-market strategies.

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