Bag-in-Tube Packaging Market - Global Industry Analysis and Opportunity Assessment For 2027)“Bag-in-Tube Market: Global Industry Analysis (2012 – 2016) and Opportunity Assessment (2017 – 2027),” is the new report of Future Market Insights for the projected period of 10-years i.e. between 2017 and 2027. Global bag-in-tube market is expected to witness robust growth during the forecast period. This growth is expected to be primarily driven by extending the shelf-life and increasing use of bag in tubes in wine business. According to this report the global bag-in-tube market is estimated to be valued at US$ 3,842.9 Thousand by 2017 end, and is forecast to be valued at US$ 19,254.5 Thousand by 2027 end. Sales revenue is expected to increase at a robust CAGR of 17.5% during the forecast period. There is an increased opportunity of the development of the global bag-in-tube packaging market due to significant growth in Australia, New Zealand, and China wine market.
Get Sample Report@ https://www.futuremarketinsights.com/reports/sample/rep-gb-3075
Global Bag-in-Tube Market: Opportunities
Demand for low-cost efficient packaging for high-end wine, vegetable oil and fruit juices in APEJ, Latin America & MEA
Growing domestic wine production, consumption & exports especially by Romania, Slovakia & Poland to pose a great opportunity for Eastern Europe bag-in-tube market
Chile, Argentina, Brazil markets are the focus target markets in the Latina America region
Australia, New Zealand, and China to steer the APEJ bag-in-tube market’s growth due to their growing wine market
Demand for appealing and decorative wine packaging in Japan
Global Bag-in-Tube Market: Forecast by End Use
The end use consists of wine, spirit, olive oil, fruit Juices and others (Dry fruits, Cashew Nuts, etc.). Among the end-use segments, the wine segment is estimated to be dominant in the global bag-in-tube market with a revenue share of 66.4% by 2017 end. Wine segment is expected to grow its market share by 370 BPS over forecasting period. The trend of replacing other wine packaging formats like bottles and bag-in-box is driving the growth. The growing penetration of bag-in-tube in new end use applications such as detergents, other high end vegetable oils, motor oil is apparent. The bag-in-tube others segment is expected to increase its market share during projected period.
Global Bag-in-Tube Market: Forecast by Capacity
This segment includes less than 1000 ml, 1000 to 2000 ml, 2001 to 3000 ml and more than 3000 ml. 1000 to 2000 ml segment to witness lucrative growth and gain of market share of rewarding 350 BPS over forecasting period. 2001 to 3000 ml segment to be the most attractive format by bag-in-tube capacity. Although, it is losing out some market share to other capacity formats, the segment is growing at a healthy CAGR.
Global Bag-in-Tube Market: Forecast by Material Type
EVOH barrier + PE and metallized PET film are two segments which are included in material type segment. Metallized PET bag-in-tube segment is expected to represent 62.3% of the overall global bag-in-tube market by 2027. EVOH + PE bag-in-tube segment is expected to gain market share by 430 BPS over forecasting period. EVOH + PE bag-in-tube bags are clear (transparent) and thinner compared to metallized PET bag-in-tube bags. Due to this the EVOH barrier + PE bag-in-tube is expected to grow its market share in overall global bag-in-tube market.
Browse Report@ https://www.futuremarketinsights.com/reports/bag-in-tube-packaging-market
Global Bag-in-Tube Market: Forecast by Region
As many as seven regions have covered in this report such as North America, Western Europe, Eastern Europe, Latin America, APAC, Japan and MEA. North America bag-in-tube market is expected to gain 310 BPS during the forecast period. The penetration of bag-in-tubes in high-end premium products such as wine, spirits, whiskey and fruit juices is continuously rising.
Global Bag-in-Tube Market: Key Players
The two top players operating in the global bag-in-tube market are Smurfit Kappa Group Plc and Industry-Bag.
FMI’s research and consulting services help businesses around the globe navigate the challenges in a rapidly evolving marketplace with confidence and clarity. Our customised and syndicated market research reports deliver actionable insights that drive sustainable growth. We continuously track emerging trends and events in a broad range of end industries to ensure our clients prepare for the evolving needs of their consumers.
3rd Floor, 207 Regent Street,
London W1B 3HH,
T: + 44 (0) 20 7692 8790
D: +44 (0) 20 3287 4268
This release was published on openPR.
Permanent link to this press release:
You can edit or delete your press release Bag-in-Tube Packaging Market - Global Industry Analysis and Opportunity Assessment For 2027) here
News-ID: 796959 • Views: 132
More Releases from Future Market Insights
How Changing Dynamics of Cable Testing Market are Reflecting on Growth Strategie …
Global Cable Testing Market: Introduction The cost of the substitution of cables that are concealed is very high. Faults in the cable, bending, kinking, and crushing, are not always visible, which has created the requirement for cable testing. Thus, cable testing helps check the cable functionality, cable quality, and cable conformity. Several times, cable testing by visual inspection is an effective way of identifying the actual problem before it causes any
How Transformative Trends in Self-Organising Network Market are Molding Strategi …
Self-Organising Network: Introduction With accelerated advancements and increasing complexities in the radio network technologies, such as those utilised for the development of LTE and 5G networks, which are used for planning, management, configuration, healing and optimisation, are required to be automated to facilitate efficiency. At present, suppliers are offering self-organising networks that possess the ability to offer optimum performance. Self-organising networks are use cases that perform network governance, including network planning,
Mining Vehicle AC Kits Market: Exploring the Impact of Trends on Strategies of K …
Mining Vehicle AC Kits Market: Introduction Cabin space in mining equipment has become more sophisticated in the recent past. The installation of mining vehicle AC kits has evolved from an optional feature to a necessary feature. Mining equipment manufacturers have made advancements in technology related to efficiency, performance and cost of air conditioning systems in order to make them affordable and economical to enable low-budget and compact installations without compromising on
Key Factors to Fuel Growth of the Talent Acquisition & Staffing Technology and S …
With the growing importance of recruiting and retaining top talent effectively and efficiently, smart hiring processes are the need of the hour. It is about time organisations move beyond merely scrutinising resumes. Salaries and benefits are important factors, but adopting ways that would make candidates an important part of the hiring process will attract the best talent. Studies reveal that due to discrepancies in existing Applicant Tracking Systems (ATS), hiring
More Releases for Market:
https://www.qandqmarketresearch.com/reports/7557223/fillings-market-108 Fruit fillings are fruits preserved in a glaze. These fillings have high fruit content and retain the natural texture, taste, flavor and color of the fruits. Benefits of these fillings include year around availability of exotic fruits, readytouse application, long shelf life and no wastage. In this report, the statistics mainly focus on the fruit fillings in North America mainly including USA, Canada and Mexico etc.. According to QYR’s analysts, the concentration
Ethanol Market: Market Intelligence and Market Trends
Ethanol is a compound which is manufactured by the fermentation of various biological materials such as wheat, corn, wood, barley and sugarcane. Corn and starch based crops are the most common materials used in ethanol production. This compound is miscible with water and most of the organic solvent. Ethanol is a very important element of various industries and used as a solvent for many substances. It is because of wide range
Ginseng Market: Market Intelligence and Market Trends
Future Market Insights (FMI) delivers key insights on the global ginseng market in its upcoming outlook titled, 'Ginseng Market: Global Industry Analysis 2013-2017 and Opportunity Assessment 2018-2027'. In terms of value, the global ginseng market is projected to experience a healthy CAGR of 4.8% during the period of forecast, due to various factors such as globalization and increase in consumer acceptance for oriental and Asian flavors and demand for Chinese
https://www.qandqmarketresearch.com/reports/7338837/sourdoughs-market-18 The global Sourdoughs market is valued at million US$ in 2018 and will reach million US$ by the end of 2025, growing at a CAGR of during 20192025. The objectives of this study are to define, segment, and project the size of the Sourdoughs market based on company, product type, end user and key regions. This report studies the global market size of Sourdoughs in key regions like North America, Europe,
Biostimulants Market : Market Intelligence and Market Trends
Demand for biostimulants is expected to surpass US$ 4 billion in revenues, according to a new research report by Future Market Insights (FMI). The report titled, “Biostimulants Market: Global Industry Analysis and Opportunity Assessment 2015-2025” forecasts the demand for biostimulants to expand at a CAGR of nearly 11% through 2025. Biostimulants are finding increasing application in the agriculture sector owing to their environmentally-friendly and organic nature. Rising food demand is
Lottery Market: Market Insights and Market Potential
The global lottery market is expected to gain momentum due to the rise in demand for games where people have a fair chance of winning substantial amount of money. Nowadays, social media is acting as the medium through which promotions can be done without making much efforts. The trend of using social media as a medium to advertise is being used by the lottery market on a wide range. Both