Bag-In-Box Packaging Machines Market signifies the highest CAGR | Top Leading Pl

Posted by surendra choudhary on November 19th, 2019

In terms of value, the global bag-in-box packaging machine market is estimated to register a CAGR of 5.6% during 2019-2027, owing to various factors. In this report, TMR delivers detailed insights.

The report includes a market research study on the global bag-in-box packaging machine market, which includes trend analysis and market assessment of filling technologies such as aseptic and non-aseptic.

Automatic bag-in-box packaging machines are linked together with control systems to form a complete line with automation to manufacturing bag-in-box containers at a faster rate. Semi-automatic bag-in-box packaging machines are preferred by many bag-in-box manufacturers as they are best suitable for limited production. Bag making machine, bag filler, cartoner, and bag inserters are available in semi-automatic mode.

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By machine type, the bag-in-box packaging machine market is segmented as standalone and integrated. Standalone bag-in-box packaging machines account for the highest share. Standalone are either automatic or semi-automatic machines, which form a bag-in-box packaging machine line without depending on other machinery. An integrated bag-in-box packaging machine consists of a single packaging line, where all operations are linked with simulation software or control systems. The integrated bag-in-box packaging machine system performs all operations such as the forming of the bag, filling, cartooning, case erectors, and bag inserters & sealers.

Europe has the highest wine-drinking population and most of the wine manufacturers are packaging their wines in bag-in-box formats. Bag-in-box packaging formats provide for more diverse choices in terms of price, convenience, and quality than the traditional bottles. The automated bag-in-box packaging machine market in developed in countries such as the US, Germany, France, the UK, and Italy is matured and is expected to witness low to moderate growth during the forecast period. Automated bag-in-box packaging machines are mostly used for higher production and efficiency. End-uses of bag-in-box packaging machine solutions include food, beverages, industrial products, household products, paints & lubricants, and healthcare & personal care. The semi-automated bag-in-box packaging machine segment is estimated to have accounted for the highest market share in terms of both value and volume in 2018.

The Europe bag-in-box packaging machine market is estimated to register a CAGR of 5.1% during the forecast period. There has been a high demand for automation in bag-in-box packaging machines in order to achieve a greater level of functionality, safer handling, and productivity. Machine manufacturers in Europe are focusing on aseptic filling technology in the bag-in-box packaging machine to aid end-users with increased shelf life of the product.

The aseptic bag-in-box technology in Asia was developed more than 25 years ago to cater to the needs of the food and beverage industry to provide extended shelf life. Aseptic filling technology secures the transfer of processed ingredients, especially sensitive products with neutral PH areas such as milk. The aseptic packaging business in Asia has increased from 19% to 27% in the past five years. Bag-in-box applications are increasingly including food services, restaurants, catering, and coffee dispensing machines. B2B uses such as beverage and fruit processing is the largest segment in the aseptic bag-in-box market.

Key companies functioning in the global bag-in-box packaging machine market are Smurfit Kappa Group, DS Smith Packaging Ltd., Bosch Packaging Technology GmbH, Triangle Package Machinery Co., ABCO Automation, Inc, Rovema GmbH, IC Filling Systems, Sacmi Imola S.C, Voran Maschinen GmbH, TORR Industries, Kreuzmayr Maschinenbau GmbH, Flexifill Ltd, Terlet BV, and Gossamer Packaging Machinery.