Europe Bag In Box Container Market Size & Outlook
Europe bag in box container market, 2017-2030 (US$M)
Related Markets
Europe bag in box container market highlights
- The Europe bag in box container market generated a revenue of USD 1,678.9 million in 2021.
- The market is expected to grow at a CAGR of 6.2% from 2022 to 2030.
- In terms of segment, food & beverage was the largest revenue generating application in 2021.
- Household Products is the most lucrative application segment registering the fastest growth during the forecast period.
- Country-wise, UK is expected to register the highest CAGR from 2022 to 2030.
Europe data book summary
| Market revenue in 2021 | USD 1,678.9 million |
| Market revenue in 2030 | USD 2,874.1 million |
| Growth rate | 6.2% (CAGR from 2021 to 2030) |
| Largest segment | Food & beverage |
| Fastest growing segment | Household Products |
| Historical data covered | 2017 - 2020 |
| Base year for estimation | 2021 |
| Forecast period covered | 2022 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Food & Beverage, Industrial Liquids, Household Products |
| Key market players worldwide | Amcor PLC, Smurfit Kappa Group PLC, DS Smith PLC, SIG Group AG Ordinary Shares, Liqui-Box, CDF Corporation, Accurate Box Company, TPS Rental Systems, Aran Group |
Other key industry trends
- In terms of revenue, Europe region accounted for 44.6% of the global bag in box container market in 2021.
- Globally, Europe is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 1,239.1 million by 2030.
Food & beverage was the largest segment with a revenue share of 66.51% in 2021. Horizon Databook has segmented the Europe bag in box container market based on food & beverage, industrial liquids, household products covering the revenue growth of each sub-segment from 2017 to 2030.
The demand for the bag-In-box container in Europe is expected to grow owing to the growth of the product in the food & beverage industry. Changing consumption patterns of the consumers, high levels of urbanization coupled with increasing popularity of such packaging is expected to increase the market growth over forecasts period.
Increasing investments in R&D by the packaging manufacturers to enable the incorporation of new features including shape, size, features is likely to increase the demand for the bag-in-box container in this region over the forecasts period.
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Bag In Box Container Market Scope
Bag In Box Container Market Companies
| Name | Profile | # Employees | HQ | Website |
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Europe bag in box container market size, by country, 2017-2030 (US$M)
Europe Bag In Box Container Market Outlook Share, 2021 & 2030 (US$M)
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