The bag-in-box filler market is expected to reach a value of US$ 163.1 million in 2023 and is projected to grow to US$ 278.6 million by 2033, with a significant CAGR of 5.5% during the forecast period.
As per FMI, innovation, and development in the machine industry, coupled with the rising adoption of advanced machinery by industries to increase productivity, are expected to create lucrative growth avenues within the global bag-in-box filler market during the forecast period.
Over the years, a rapidly changing world, technological innovation, and escalating competition have prompted industries to adopt advanced machinery, and this trend is likely to continue during the forecast period.
Industries like chemical and food & beverage are increasingly employing novel machines like bag-in-box fillers or bags filling machines to reduce costs, increase safety, and improve productivity. Adopting these automatic and semi-automatic bag-in-box fillers may boost sales during the forecast period.
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The beverage segment is expected to contribute the most to the global market, accounting for 35.7% of total sales by 2033. The growing demand for beverages and the adoption of advanced machines like bag-in-box fillers by beverage manufacturers are driving this segment. The beverage segment is estimated to reach a valuation of US$ 48 million by 2033.
The competitive landscape in the bag-in-box filler market is characterized by the presence of several key players striving to gain a strong market position. These companies are actively engaged in strategies such as mergers and acquisitions, partnerships, product launches, and technological advancements to stay competitive and meet evolving customer demands.
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Some prominent players in the bag-in-box filler industry include:
Rapak LLC (DS Smith Plc): The company offers a wide range of bag-in-box fillers designed for various applications in the food and beverage industry.
Smurfit Kappa Group: Smurfit Kappa focuses on sustainable packaging solutions and has a strong presence in the European market.
Bosch Packaging Technology (Robert Bosch GmbH): The company is a leading provider of packaging equipment and solutions. Bosch focuses on delivering high-quality and reliable solutions to its customers.
Liqui-Box Corporation: The company specializes in bag-in-box packaging systems and solutions. Liqui-Box focuses on sustainability and offers eco-friendly packaging alternatives.
Gualapack S.p.A.: The company provides a diverse range of bag-in-box fillers designed for different product applications. Gualapack emphasizes product quality, reliability, and customer satisfaction.
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 Inc. (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.
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