Europe Bag In Box Packaging Market Size, Share, Outlook, and Opportunity Analysis, 2021 - 2028

Europe Bag In Box Packaging


The necessity for environmentally friendly distribution of various alcoholic and non-alcoholic beverages has prompted innovations in Bag In Box Packaging manufacture. Aside from that, the acceptability of bag-in-box is rising as a result of the rising demand for secure medication delivery and uncontaminated food. During the projected period, the Europe Bag In Box Packaging Market is anticipated to be driven by the growing usage of bag-in-box in industrial sectors like chemicals.

One of the key factors driving growth in the Europe Bag In Box Packaging Market is the rise in demand for these solutions among wine packaging makers. This is because to the many benefits it has over bottle packaging, such as the use of far less plastic and the capacity to dispense without surging or glugging. Bag-in-box packaging is increasingly being used by wine producers in Europe and North America. Bag-in-boxes are also less expensive and easier to deliver. The European Union is the greatest wine producer in the world, and between 2014 and 2018, it produced an estimated 167 million hectoliters of wine year, according to the European Commission.

According to Coherent Market Insights, The Europe Bag In Box Packaging Market is estimated to surpass US$ 1,810.7 million by the end of 2028, in terms of revenue, exhibiting at a CAGR of 3.22% during the forecast period (2021 to 2028).

It is responsible for 70% of wine exports, 60% of wine consumption worldwide, and 65% of wine production. Additionally, oxygen transmission rate is an important factor in determining how well wine packaging is done overall. Bag-in-box is a popular option among wine producers worldwide because it offers a lower oxygen diffusion rate than glass bottles. The bag-in-box packaging market is driven by the wine business, which serves about half of the global population. The Europe Bag In Box Packaging Market is expected to grow as consumers want longer shelf life for liquid contents. Aseptic filling technology has been adopted by packaging businesses, allowing them to satisfy new application areas and fueling the expansion of the bag-in-box packaging market.

For instance, Greatview Aseptic Packaging became a producer in June 2020 and began selling sleeves that were compatible with SIG Combibloc filling machinery. It is currently one of the biggest producers of roll-fed packaging for Tetra Pak aseptic filling equipment. The branding choices that bag-in-box packaging gives firms affect its demand. As the need for packaging that can withstand punctures has increased, the Bag In Box Packaging Market has expanded. As consumers become increasingly concerned about the integrity of their products and the aesthetics of their packaging, package manufacturers are discovering new opportunities.

Major Vendors are- Smurfit Kappa, Optopack Ltd., Amcor plc, Montibox, Aran Packaging, Liquibox, Peak Liquid Packaging, DS Smith, Graficas Digraf Sl, and Goglio SpA

  

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