Report ID: SQMIG15G2073
Report ID:
SQMIG15G2073 |
Region:
Global |
Published Date: July, 2001
Pages:
242
|
Tables:
63 |
Figures:
75
In Asia Pacific, the market is expected to grow fast over the forecast period. The rising food and beverage market in Asia Pacific has created a huge positive impact on the bag-in-box container market growth. Increasing industrialization and population in countries like India and China, integrate with the increasing adoption of packaged food and beverage products in the region is expected to propel high level demand over the forecast period. Moreover, household products gained notable market due to the introduction of eco-cleaning household products. In addition, new technological advancements is expected to influence the bag in box container market.
The demand for bag-in-box containers in Europe is expected to grow owing to the growth of the food and beverage industry. Consumers' changing consumption patterns and high levels of urbanization, combined with the increasing popularity of such packaging, are expected to drive market growth over the forecast period. Increased R&D investments by packaging manufacturers to enable the incorporation of new features such as shape, size, and features are expected to increase demand for the bag-in-box container in this region in the forecast period.
People's growing health concerns, combined with a demand for hygienic products, are expected to drive the market over the forecast period. Consumption of packaged nutritional food products, which provide benefits such as food safety and quality at reasonable prices, is expected to drive the market in the region over the forecast period.
People's growing health concerns, combined with a demand for hygienic products, are expected to drive the market over the forecast period. Consumption of packaged nutritional food products, which provide benefits such as food safety and quality at reasonable prices, is expected to drive the market in the region over the forecast period.
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REQUEST FREE CUSTOMIZATIONBag In Box Container Market size was valued at USD 3.77 billion in 2019 and is poised to grow from USD 4.02 billion in 2023 to USD 7.21 billion by 2031, growing at a CAGR of 6.7% in the forecast period (2024-2031).
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Report ID: SQMIG15G2073