Increased Benefits of Bag-In-Box Packaging and Growing Demand of Beverage Products are Expected to Drive the Global Bag-In-Box Packaging Machine Market in the forecast period of 2019 -2026

Global Bag-In-Box Packaging Machine Market is projected to register a substantial CAGR of 6.7% in the forecast period of 2019 to 2026. The new market report contains data for historic year 2017, the base year of calculation is 2018 and the forecast period is 2019 to 2026.

Global Bag-In-Box Packaging Machine Market

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Drivers: Global Bag-In-Box Packaging Machine Market

  • Increased benefits of bag-in-box packaging
  • Growing demand of beverage products

Restraint:

  • High cost of equipment

Opportunity:

  • Increasing demand of automatic packaging machine

Challenge:

  • Lack of skilled labour force

Market Trends:

Global bag-in-box packaging machine market is segmented into six notable segments which are machine type, automation type, packaging material, output capacity, filling technology and end user.

  • On the basis of machine type, the market is segmented into integrated and standalone. The standalone segment is dominating the market as these are the traditional form of bag-in-box machines and majorly used in the companies, whereas the integrated segment is growing with the highest CAGR owing to the technological advancement and rising preference of integrated machines by the companies for the easy automation of products.
  • On the basis of automation type, the market is segmented into automatic, semi-automatic and manual.
  • On the basis of packaging material, the market is segmented into plastics, metals, paper and paperboard and others.
  • On the basis of output capacity, the market is segmented into 10 bags/minute, 11-50 bags/minute, 51-100 bags/minutes and above 100 bags/minutes.
  • On the basis of filling technology, the market is segmented into aseptic and non-aseptic.
  • On the basis of end-user, the market is segmented into food and beverages, household products, paints and lubricants, healthcare, personal care and others.

Major Players: Global Bag-In-Box Packaging Machine Market

Some of the major players operating in this market are Liqui-Box, DS Smith, Robert Bosch GmbH, Alfa Laval, Engi-O, Pattyn Group, SACMI, Scholle IPN, Technibag, Franz Haniel & Cie. GmbH, ProXES GmbH, Flexifill Ltd., TORR Industries, ABCO Automation, Inc., IC Filling Systems, Kreuzmayr Maschinenbau GmbH, Gossamer Structures (Pty) Ltd, Triangle Package Machinery Co., Quadrant Equipment, voran Maschinen GmbH, and Smurfit Kappa and others.

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