According to FMI, the size of the global bag-in-box fillers market is anticipated to increase from US$ 154.6 million in 2022 to US$ 261.6 million by 2032, with a CAGR of 5.4% over the course of the forecast period (2022-2032).
A few of the ley factors driving the market’s sales of bag-in-box fillers are the growing popularity of bag-in-box packaging and the rising demand from sectors like chemical and food & beverage.
Bag-in-box packaging uses accessories like boxes, pouches, and bags to safely carry and distribute liquid items. To preserve the product’s quality and increase its shelf life, the pouch is made of many layers of film that are adhered together and sealed. These bag-in-box products are filled by manufacturers using bag-in-box fillers.
During the forecast period, rising production and consumption of alcoholic beverages like wine and beer are anticipated to present producers of liquibox filler with profitable prospects.
High wine-producing nations like the United States, Germany, Italy, and the United Kingdom are seeing an increase in demand in particular. Italy asserts that it is a significant wine-producing nation. Italy is thought to generate 7 billion bottles of wine annually. Huge demand for equipment like bag-in-box fillers is being created by the increase in wine production, and this trend is projected to continue throughout the projection period.
Similarly, within the next ten years, the size of the worldwide bag-in-box filler market would increase due to increased automation penetration and developments in bag-in-box filling machines.
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Key Takeaways from Bag-in-Box Filler Market
- By automation, automatic bag-in-box filler segment is expected to grow at 5.7% CAGR during the forecast period (2022-2032).
- Based on end use, demand for bag-in-box fillers in beverages segment is likely to increase at 6.2% CAGR between 2022 and 2032, totalling around US$ 48.8n Mn by 2032.
- The bag-in-box filler market in China is expected to grow at the fastest CAGR of 7.5 over the assessment period.
- Demand for bag-in-box-fillers is expected to surge at 4.5% in the U.S. market during the forecast period.
- With rapid industrialization and penetration of automation, bag-in-box filler market in India is poised to expand at 6.4% CAGR during the next decade.
“The tremendous expansion of global beverages market has provided a strong boost to the growth of bag-in-box fillers market across the world”– says the FMI Analyst
Who is Winning?
Leading players in the global bag-in-box filler market include A TriMas Company, Linapac, 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™, and SACMI Imola.
These key bag-in-box manufacturers are increasingly focusing on developing novel products with advanced features to meet the end users’ demands.
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Bag-in-Box Filler Market Report
Future market insights, in its new report, offers an unbiased analysis of the global market for bag-in-box market by automation (automatic and semi-automatic) by filling technology (aseptic filling and non-aseptic filling), by end use (food, beverages, chemicals and homecare), across seven regions.
About the Packaging Division at Future Market Insights
The packaging division at Future Market Insights provides an in-depth historical analysis and projections for the next ten years and covers the competitive landscape through a unique dashboard view. Ranging from packaging materials, packaging machinery to packaging designs & formats, Future Market Insights has an exhaustive database for these industry verticals, serving clients with unique research offerings and strategic recommendations. With a repository of 1,000+ reports, the team has analysed the packaging industry comprehensively in 50+ countries. The team evaluates every node of the value chain and provides end-to-end research and consulting services; reach out to explore how we can help.
Bag-In-Box Filler Market by Category
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
- East Asia
- Middle East & Africa
- Oceania
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