Bag-in-Box Filler Market to Reach USD 278.6 Million, Globally by 2033 at 5.5% CAGR: Future Market Insights, Inc.

Bag-in-Box Filler Market

The market for bag-in-box fillers is set to expand significantly, with a robust CAGR of 5.5% anticipated through 2033. The bag-in-box filler market is projected to achieve a valuation of USD 163.1 million in 2023 and is expected to reach USD 278.6 million by 2033. This growth reflects the increasing adoption of bag-in-box packaging across multiple industries, driven by the demand for efficient, sustainable, and cost-effective packaging solutions.

Bag-in-box fillers are specialized machines that accurately and efficiently fill liquids or semi-liquids into flexible bags within rigid outer boxes, making them ideal for storage and transportation. This packaging format offers multiple benefits, including extended shelf life, enhanced product protection, easy dispensing, and a reduced environmental impact.

In particular, the bag-in-box system is seeing widespread adoption in the food and beverage, cosmetics, pharmaceuticals, and industrial fluids industries. Food and beverage applications include packaging for juices, wines, sauces, edible oils, and liquid dairy products.

Explore the Historical Context: Access the Old Report Source Here!

Amid a growing global emphasis on sustainability, bag-in-box packaging aligns well with eco-conscious goals by minimizing plastic waste. Flexible bags used in place of rigid plastic bottles or containers result in lower packaging material consumption and reduced transportation costs, ultimately contributing to a smaller carbon footprint.

Key Takeaway from the Bag-in-Box Filler Market

  • The global Bag-in-Box Fillers market is anticipated to grow at a CAGR of 5.5% from 2023 to 2033, slightly higher than the 4.7% growth rate recorded from 2018 to 2022.
  • The U.S. market for Bag-in-Box is projected to be valued at USD 22.2 million in 2023 and expected to grow by 1.6x over the forecast period, creating an incremental opportunity of around USD 13 million by 2033.
  • India is expected to represent approximately 6.5% of the global market share over the forecast period, showing its growing significance in this sector.
  • Demand for automatic Bag-in-Box filling machines is forecasted to increase at a CAGR of 5.7%, as customers seek long-term product protection and enhanced efficiency.
  • The beverages segment in the Bag-in-Box market is expected to reach a valuation of USD 48 million by 2033, highlighting a substantial growth opportunity in this sector.

Competitive Landscape

The global bag-in-box filler market is extremely fragmented and competitive, owing to the huge number of regional and local companies. Bag-in-box manufacturers employ a number of marketing strategies to leverage on and increase their market share, including mergers and acquisitions, expansions, collaborations, and partnerships.

Leading companies also employ new product development as a strategic method to increase their market share among customers.

Some recent developments in the market are as follows:

  • In March 2022, Trimas Company acquired Intertech Plastic, an innovative solution provider of complex, precision molded components in the medical end market.
  • In May 2022. Smurfit Kappa announced the acquisition of Atlas Packaging. The company has a strong market presence in the United Kingdom, which allows them to meet the needs of and deliver value to its broad customer base.
  • In 2020, Trimas completed the acquisition of Rapak, a designer and manufacturer of bag-in-box product lines and related filling equipment.
  • In 2019, Rapak launched a new bag-in-box filling machine for the wine and spirits industry.

Key Players

A TriMas Company; Linapack; TORR Industries; Smurfit Kappa; Frain Industries; Flexifill Ltd; Machinery Automation; Xi’an Shibo fluid technology co., Ltd; Yantai Fushan Nanhua Packing Factory; Calmus Machinery; RECOPAK; SHRIJETA GLOBAL; Amcor plc; Scholle IPN; Optopack Ltd.; Aran Group; DS Smith; Liquibox; ProFruit Machinery™; SACMI Imola

Bag-in-Box Filler Market

By Automation:

  • Automatic
  • Semi-automatic

By Filling Technology:

  • Aseptic Filling
  • Non-aseptic Filling

By End Use:

  • Food
  • Beverages
  • Chemicals
  • Homecare

By Region:

  • North America
  • Latin America
  • Europe
  • South Asia & Pacific
  • East Asia
  • The Middle East & Africa (MEA)

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

Contact Us:     

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-347-918-3531
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
LinkedInTwitterBlogs | YouTube

About the Author

Nikhil Kaitwade

Associate Vice President at Future Market Insights, Inc. has over a decade of experience in market research and business consulting. He has successfully delivered 1500+ client assignments, predominantly in Automotive, Chemicals, Industrial Equipment, Oil & Gas, and Service industries.
His core competency circles around developing research methodology, creating a unique analysis framework, statistical data models for pricing analysis, competition mapping, and market feasibility analysis. His expertise also extends wide and beyond analysis, advising clients on identifying growth potential in established and niche market segments, investment/divestment decisions, and market entry decision-making.
Nikhil holds an MBA degree in Marketing and IT and a Graduate in Mechanical Engineering. Nikhil has authored several publications and quoted in journals like EMS Now, EPR Magazine, and EE Times.

Leave a Reply

Your email address will not be published. Required fields are marked *

You may also like these