Press release
Europe Bag In Box Packaging Market to Expand At An Amazing Rate in 2024 - 2031 | Smurfit Kappa, Optopack Ltd., Amcor plc
Market Overview:The Europe Bag in Box Packaging Market was valued at US$ 1,505.78 million in 2022, and is expected to exhibit a CAGR of 3.22% during the forecast period (2023-2030)
Market Dynamics:
The Europe bag in box packaging market is driven by the increasing demand from the beverage industry, especially for wine and fruit juices. The bag-in-box packaging format provides advantages such as ease of handling, pouring, and space-saving for beverage producers as well as retailers. It allows better inventory management with less requirement for additional storage space and reduced wastage. In addition, the flexible packaging material results in less breakage during transportation. Rising consumption of fruit juices, non-carbonated drinks, and dairy products among consumers is also expected to fuel the adoption of bag-in-box packaging solutions. However, availability of alternative packaging such as cans and PET bottles and concerns regarding material disposal may hinder market growth over the forecast period.
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Europe Bag In Box Packaging Market is Driven by Rising Demand for Improved Wine Packaging Solutions:
The Europe bag in box packaging market is witnessing significant growth driven by the rising demand for improved wine packaging solutions across the European countries. The bag in box packaging solutions offer multiple advantages over traditional wine packaging such as glass bottles including lower packaging costs, ease of transport, handling and storage. This has encouraged many wine producers to shift from glass bottles to bag in box packaging formats. Furthermore, bag in box packages significantly reduce the risk of breakage and spillage during transportation and shipping of wine. They provide excellent protection against external shocks, vibrations and pressure variations, thus ensuring safety of the product. Bag in box packaging is also lightweight and compact which allows effective space optimization during storage and transportation. The aesthetic and graphics printing capabilities of bag in box packaging allow wine producers to attract consumers with vibrant and eye-catching designs. All these advantages have increased the popularity of bag in box packaging solutions among wine producers and distributors across Europe driving higher demand and market growth.
Opportunity for Developing Bag In Box Packaging Made From Recycled Materials:
The growing awareness about environmental hazards of plastic waste and stringent regulations provide lucrative opportunities for bag in box packaging manufacturers to develop sustainable packaging solutions made from recycled materials. There is a high opportunity to offer bag in box packaging utilizing post-consumer recycled plastic content. For example, some manufacturers are developing bag in box packaging with recycled polyethylene terephthalate (rPET) material which can substitute virgin plastic significantly. Use of recycled content not only helps compliance with European regulations but also gives competitive advantage in terms of price and marketing. Furthermore, recycled bag in box packaging appeals to environment conscious consumers. With rising sustainability agendas across European countries, development and large scale adoption of recycled bag in box packaging variants provides tremendous opportunities for market growth in the coming years.
Growing Popularity of Aseptic Variants due to Superior Shelf Life:
Another key trend gaining momentum in the Europe bag in box packaging market is the growing popularity of aseptic bag in box variants. Aseptic bag in box packaging uses advanced aseptic filling techniques under ultra-high temperature that allow filling of sterile products into sterile containers. This helps achieving superior shelf life of 6 months and above without any preservatives compared to typical 21 days shelf life of conventional bag in box packages. The long shelf life of aseptic bag in box packaging is creating high demand especially for packaging fruit juices, dairy products
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Top Companies Included in This Report:
★ Smurfit Kappa
★ Optopack Ltd.
★ Amcor plc
★ Montibox
★ Aran Packaging
★ Liquibox
★ Peak Liquid Packaging
★ DS Smith
★ Graficas Digraf Sl
★ Goglio SpA
Market Segmentation:
By Product Type:
★ By Capacity: Less than 1 Liter, 1 to 5 Liters, 6 to 10 Liters, 11 to 15 Liters, More than 15 Liters
★ By Material Type: Barrier, Corrugated Box
★ By Barrier: Aluminum, Metalized PET, Ethylene Vinyl Alcohol, Polyamide, Others (PDVC, metalized PP)
★ By End User: Food & Beverage, Industrial, Household & Personal Care
Key Regions/Countries are Classified as Follows:
» North America (U.S., Canada, Mexico)
» Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
» Asia-Pacific (China, India, Japan, Singapore, Australia, New Zealand, Rest of APAC)
» South America (Brazil, Argentina, Rest of SA)
» Middle East & Africa (Turkey, Saudi Arabia, Iran, UAE, Africa, Rest of MEA)
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The report offers insights on the following topics:
Chapter 1: Study Coverage
Chapter 2: Executive Summary
Chapter 3: Competitor Landscape of the Europe Bag In Box Packaging Market by Players
Chapter 4: Market Size of the Europe Bag In Box Packaging Market by Type and Application
Chapter 5: Global and Regional Analysis
Chapter 6: Company Profiles, Recent Developments, and Investments
Chapter 7: Analysis of Market Opportunities, Challenges, Risks, and Influencing Factors
Chapter 8: Analysis of Value Chain and Sales Channels, including notable product developments
Chapter 9: Research Findings and Conclusion
Chapter 10: Methodology/Research Approach
Ultimately, the Europe Bag In Box Packaging Market report serves as a reliable source for acquiring market research to significantly enhance your business. It furnishes essential insights into regional economic conditions, product pricing, profitability, capacity, production, supply, demand, market growth rate, and forecasts. Additionally, the report includes a SWOT analysis, investment feasibility analysis, and return on investment analysis for new projects within the Europe Bag In Box Packaging industry.
Should the aforementioned report not meet your precise requirements, we offer customized research tailored to comprehensively address your specific business needs. Our customized research will encompass all the pertinent business information necessary to assist you in making strategic and profitable business decisions.
Author Bio:
Priya Pandey is a dynamic and passionate editor with over three years of expertise in content editing and proofreading. Holding a bachelor's degree in biotechnology, Priya has a knack for making the content engaging. Her diverse portfolio includes editing documents across different industries, including food and beverages, information and technology, healthcare, chemical and materials, etc. Priya's meticulous attention to detail and commitment to excellence make her an invaluable asset in the world of content creation and refinement.
(LinkedIn- https://www.linkedin.com/in/priya-pandey-8417a8173/)
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