- Significant demand to arise from beverages industry, particularly from the wine-drinking regions of the globe
- Eco-friendly packaging solutions witnessing an upward facing demand curve, driving up growth in the market for bag-in-box containers, which are recyclable. Asia Pacific to be a lucrative regional market over the forecast period
ALBANY, New York, May 26, 2020 /PRNewswire/ -- The Global Bag-in-box Packaging Machine Market is anticipated to record a growth rate of 5.6% from 2019 to 2027. This will translate to a higher market valuation and a host of profitable avenues. Additionally, it is worth noting here that numerous factors of growth are supporting the projected growth for this market.
As per Transparency Market Research, "As the beverage industry moves towards automation for effective packaging solutions, demand for bag-in-box machines will grow. This is particularly true for regions that are considered wine-drinking – such as North America and Europe."
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Key Findings of Global Bag-in-box Packaging Machine Market Study:
Gather core insights about the growth dynamics of the Bag-in-box Packaging Machine Market (machine Type - Integrated Systems, Standalone Units; Automation Type - Automatic, Semi-automatic; Output Capacity - Up to 10 Bags/Min, 11 - 50 Bags/Min, 51 – 100 Bags/Min, Above 100 Bags/Min; Filling Technology - Aseptic Filling, Non-aseptic Filling; End Use - Food, Beverages, Industrial Products, Household Products, Paints & Lubricants, Healthcare & Personal Care) - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2019 – 2027 at https://www.transparencymarketresearch.com/bag-inbox-machine-market.html
Key Drivers of Growth in Global Bag-in-box Packaging Machine Market:
As per Transparency Market Research, the Global Bag-in-box Packaging Machine Market would grow at the back of a number of trends and drivers. Some of the most prominent ones are detailed out below:
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Regional Analysis of Global Bag-in-box Packaging Machine Market:
Analyze Global Bag-in-box Packaging Machine Market growth in 30+ countries including US, Canada, Germany, United Kingdom, France, Italy, Russia, Poland, Benelux, Nordic, China, Japan, India, and South Korea. Request a sample of the study
Competitive Landscape of Global Bag-in-box Packaging Machine Market:
The Global Bag-in-box Packaging Machine Market is fragmented and incorporates a decent number of prominent players in its vendor landscape. Some of the most notable players are Smurfit Kappa Group, DS Smith Packaging Ltd., Bosch Packaging Technology GmbH, Triangle Package Machinery Co., ABCO Automation, Inc, Rovema GmbH, IC Filling Systems, Sacmi Imola S.C, Voran Maschinen GmbH, TORR Industries, Kreuzmayr Maschinenbau GmbH, Flexifill Ltd, Terlet BV, and Gossamer Packaging Machinery, among others. These are profiled in the market report prepared by Transparency Market Research.
It is quite significant to note here that a plethora of varied growth strategies – organic and inorganic – is being noted opted for by the top players in the market in order to ensure that they lay claim to a significant share of the market growth.
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Global Bag-in-box Packaging Machine Market: Segmentation
Explore Transparency Market Research's award-winning coverage of the Global Packaging Industry:
Pre-made Pouch Packaging Machines Market – Packaged food demand is expected to witness potential growth across the globe, driven by the increasing urban population, propelling the pre-made pouch packaging machines market globally. Bakery & confectionary and meat & poultry categories of the food segment in the global pre-made pouch packaging machines market together are estimated to account for around half of the food segment market size in 2019.
Tissue Paper Packaging Machines Market – The global tissue paper packaging machines market is expected to expand at a CAGR of 4.7% in terms of market value over the forecast period 2017-2027. The global market is observed to generate revenues primarily driven by tissue paper industry.
Jug in a Box Packaging Market – The global packaging industry has undergone significant transformation during the past few years driven by the need to create absolute customization. Innovative packaging solutions are considered attractive, and therefore, there is substantial growth opportunity for customized packaging solutions. The concept of jug in a box packaging is intended to enhance ease of handling.
Vertical Flat Pouch Packaging Machine Market – The major driving factors for the growth of the Global Vertical flat pouch packaging machine market are increasing health consciousness among consumers and increasing pharmaceutical and cosmetics production. The macroeconomic factors are driving the Vertical flat pouch packaging machine market such as growing economy, rising disposable income, and rapid rate of urbanization in emerging countries such as China, Brazil, Mexico, and India.
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Transparency Market Research is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. Our experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.
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