Growing popularity of bag-in-box packaging and rising demand from industries like chemical and food & beverages are some of the ley factors propelling sales of bag-in-box fillers in the market.
The bag-in-box filler market is anticipated to be valued at US$ 163.1 million in 2023 and is expected to rise to US$ 278.6 million by 2033. The sales of bag-in-box fillers are expected to capture a significant CAGR of 5.5% during the forecast period.
Bag-in-box packages use boxes, pouches, and accessories to transport and distribute liquid products efficiently and without contamination. The pouch consists of a layer of film that is sealed together to protect the quality of the product and extend its shelf life. In order to fill these bag-in-box packages, manufacturers use bag-in-box fillers.
Demand is particularly rising across high wine producing countries like the U.S, Germany, Italy, and the U.K. Italy claims to be a major wine-producing country. It is estimated that 7 billion bottles of wine are produced in Italy. This surge in wine production is generating huge demand for machines like bag-in-box fillers and the trend is likely to continue during the forecast period.
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Increasing production and consumption of beverages like wine and beer is expected to create lucrative opportunities for bag-in-box filler manufacturers during the forecast period.
Market Opportunities
The global market for case packing machines is poised for growth as an increasing number of manufacturers explore the integration of these machines into their end-of-line packaging processes. This surge in interest from manufacturers is anticipated to have a positive impact on the market for case packing machines, driving its expansion.
Key Market Trends
Growing Demand from the Homecare Industry to Push Sales of Bag-in-Box Fillers Over the Next Decade
Rising Adoption of Advanced Machinery to Propel Market Growth
According to the findings from FMI, the continuous innovation and advancements in the machinery industry, coupled with the increasing adoption of cutting-edge machinery by various industries to enhance their productivity, are set to open up promising opportunities for substantial growth in the global bag-in-box filler market throughout the forecast period.
The bag-in-box packaging trend is experiencing noteworthy expansion, particularly in the homecare sector. Manufacturers and consumers alike are progressively transitioning their preferences toward products packaged in bag-in-box formats. This shift can be attributed to the numerous advantages associated with bag-in-box packaging, such as prolonged product shelf life, convenient transportation, user-friendly dispensing, and a reduced environmental footprint, among other benefits.
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.
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Leading Players
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.
Segmentation:
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)
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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 5000 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
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