Global Bag-in-Tube Market, By Material (EVOH Barrier + PE and Metallized PET Film), Capacity (Less than 1000 Ml, 1000 to 2000 Ml, 2001to 3000 Ml, More Than 3000 Ml), End use (Wine, Spirit, Olive Oil, Fruit Juices and Other End uses), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028.
Market Analysis and Insights: Global Bag-in-Tube Market
The bag-in-tube market is expected to witness market growth at a rate of 11.20% in the forecast period of 2021 to 2028. Data Bridge Market Research report on bag-in-tube market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecast period while providing their impacts on the market’s growth. The rise in the consumption of food, beverages, and pharmaceuticals is escalating the growth of bag-in-tube market.
The bag-in-tube can be defined as an inventive packaging concept for the high end liquids and semi-liquids like spirits, wine, olive oil or maple syrup. The bag-in-tube comprises of a combined cardboard tube along with base and a tinplate lid. Once it is opened, the bag-in-tube shields the product from oxygen permeation, offering an increased shelf-life.
Major factors that are expected to boost the growth of the bag-in-tube market in the forecast period are the increase in the need from the wine industry. Furthermore, the increasing in the shelf life of products is further anticipated to propel the growth of the bag-in-tube market. Also, the price efficient and the effective packaging solution is further estimated to cushion the growth of the bag-in-tube market.
- On the other hand, the alternatives that are available in the industry is further projected to impede the growth of the bag-in-tube market in the timeline period. In addition, the rise in the acceptance of online retail and home shopping will further provide potential opportunities for the growth of the bag-in-tube market in the coming years. However, the strict guidelines might further challenge the growth of the bag-in-tube market in the near future.
This bag-in-tube market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographical expansions, technological innovations in the market. To gain more info on bag-in-tube market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Bag-in-Tube Market Scope and Market Size
The bag-in-tube market is segmented on the basis of material, capacity and end use. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target markets.
- On the basis of material, the bag-in-tube market is segmented into EVOH barrier + PE and metallized PET film.
- On the basis of capacity, the bag-in-tube market is segmented into less than 1000 ml, 1000 to 2000 ml, 2001 to 3000 ml, and more than 3000 ml.
- On the basis of end use, the bag-in-tube market is segmented into wine, spirit, olive oil, fruit juices and other end uses.
Bag-in-Tube Market Country Level Analysis
The bag-in-tube market is analysed and market size, volume information is provided by country, material, capacity and end use as referenced above.
The countries covered in the bag-in-tube market report are the U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
Asia-Pacific dominates the bag-in-tube market due to the rise in the food and beverage sector. Furthermore, the growing need for packaged food along with the increase in the disposable income of consumers will further boost the growth of the bag-in-tube market in the region during the forecast period. Middle East and Africa is projected to observe significant amount of growth in the bag-in-tube market due to the rise in the pharmaceutical industry.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Bag-in-Tube Market Share Analysis
The bag-in-tube market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to bag-in-tube market.
The major players covered in bag-in-tube market report are Smurfit Kappa, Industri-Bag, Parish Manufacturing Inc., Tecnicam S.r.l., I.M.A. Industria Macchine Automatiche S.p.A., Master Packaging Inc., SKS Packaging Pvt. Ltd., Uline, Sunpack Industries., TEXA S.p.A., DS Smith, Mondi, Compositub, SA, FrontPac AB, WestRock Company., Amcor plc, Hoffman Neopack AG, Scholle IPN, CDF Corporation, Aran Group., among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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