Press release
Europe Bag In Box Packaging Market Insights, Size, and Growth Trends 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 witnessing high growth owing to increasing demand for bag-in-box packaging from liquid food and beverages industry. Bag-in-box packaging provides advantages like ease of handling, extended shelf life, affordability, and reduced wastage which is increasing its adoption among beverage manufacturers. Furthermore, bag-in-box packaging helps reduce carbon footprint by minimizing the use of secondary packaging which is driving its demand from sustainable packaging users. Additionally, growth in organized retail is augmenting sales of packaged beverages and liquid food items, subsequently promoting the use of bag-in-box packaging.
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Europe Bag In Box Packaging Market Drivers:
Increasing Demand for Convenient and Superior Packaging Solutions Among Various End-Use Industries
The demand for bag-in-box packaging solutions is continuously witnessing strong growth across various end-use industries such as food & beverages, industrial liquid products, household products, and others in the European market. This rapid growth can be attributed to the compelling advantages offered by bag-in-box packaging like optimized shelf life of products, enhanced protection from external factors, convenient dispensing of contents, and effective space utilization during transportation and storage. Moreover, the shift in consumer preferences toward easy-to-handle and user-friendly packaging is propelling several producers and brand owners in Europe to incorporate bag-in-box packaging for their products.
Europe Bag In Box Packaging Market Opportunity:
Potential in Food Applications Especially for Semi-liquid and Liquid Food Products
While bag-in-box packaging has already garnered immense acceptance in the beverage industry of Europe, it is still at a nascent stage in food applications. However, the opportunity exists for bag-in-box solutions, especially for packaging semi-liquid and liquid food items that require protection from oxygen, moisture, and microorganisms. Some products like sauces, soups, gravies, dressings, dairy products including milk, yogurt, and pudding can highly benefit from the functional pros of bag-in-box packaging. Moreover, boxed designs are becoming popular among many health-conscious European consumers. If bag-in-box packaging providers modify their offerings as per specific food application requirements, it may unlock new doors of growth prospects in the food domain in Europe.
Europe Bag In Box Packaging Market Trends:
Growing Adoption of Aseptic Bag-in-box Packs
Aseptic bag-in-box packaging utilizes sterilized packaging solutions that allow filling hot or high-acid aseptic products without any further processing or treatment. This technology effectively addresses the critical issues of microbiological stability and extended shelf life. European food and beverage manufacturers are gradually embracing aseptic bag-in-box packs at a widening scale as these help keep products fresh for 3 to 18 months without any preservatives. Moreover, aseptic bag-in-box solutions enable easier transportation while maintaining product quality. Their clear advantages over canned and bottled formats in terms of sustainability, product integrity, and efficient distribution are fostering impressive demand growth. As a result, aseptic bag-in-box packaging is emerging as a revolutionary trend in the European market.
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Top Companies Featured 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 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)
Trends in Navigation Keyword Market:
Increasing Demand: Notice a surge in demand for navigation keywords due to the widespread adoption of GPS-enabled devices and the need for precise mapping data.
Technological Innovations: Witness innovative breakthroughs enhancing the accuracy and reliability of navigation keywords, such as real-time traffic updates, 3D mapping, and augmented reality.
Tailored Solutions: Explore industry-specific navigation keyword solutions designed to meet the unique needs of automotive, aviation, and maritime sectors.
Integration with Advanced Technologies: Embrace the integration of navigation keywords with cutting-edge technologies like artificial intelligence and the Internet of Things, unlocking advanced functionalities.
Mobile Applications: Embrace the convenience and accessibility of navigation keywords through mobile applications, catering to the evolving needs of consumers.
Environmental Sustainability: Embrace environmentally conscious navigation keyword solutions that address issues like traffic congestion and air quality, promoting sustainable transportation options.
Report Highlights:
📈 Examination of navigation keyword market share at both country and regional levels
📈 Thorough analysis of the competitive landscape and emerging trends
📈 Detailed review of product advancements, technological developments, drivers, and limitations
📈 Strategic recommendations tailored for key business segments based on market insights
📈 Valuable guidance for newcomers venturing into the navigation keyword market
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Author Bio:
Alice Mutum is a seasoned senior content editor at Coherent Market Insights, leveraging extensive expertise gained from her previous role as a content writer. With seven years in content development, Alice masterfully employs SEO best practices and cutting-edge digital marketing strategies to craft high-ranking, impactful content. As an editor, she meticulously ensures flawless grammar and punctuation, precise data accuracy, and perfect alignment with audience needs in every research report. Alice's dedication to excellence and her strategic approach to content make her an invaluable asset in the world of market insights.
(LinkedIn: https://www.linkedin.com/in/alice-mutum-3b247b137 )
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Coherent Market Insights is a global market intelligence and consulting organization that provides syndicated research reports, customized research reports, and consulting services. We are known for our actionable insights and authentic reports in various domains including aerospace and defense, agriculture, food and beverages, automotive, chemicals and materials, and virtually all domains and an exhaustive list of sub-domains under the sun. We create value for clients through our highly reliable and accurate reports. We are also committed in playing a leading role in offering insights in various sectors post-COVID-19 and continue to deliver measurable, sustainable results for our clients.
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