Germany Bag In Box Container Market Size & Outlook
Germany bag in box container market, 2017-2030 (US$M)
Related Markets
Germany bag in box container market highlights
- The Germany bag in box container market generated a revenue of USD 272.8 million in 2021 and is expected to reach USD 508.4 million by 2030.
- The Germany market is expected to grow at a CAGR of 7.2% 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.
Bag in box container market data book summary
| Market revenue in 2021 | USD 272.8 million |
| Market revenue in 2030 | USD 508.4 million |
| Growth rate | 7.2% (CAGR from 2021 to 2030) |
| Largest segment | Food & beverage |
| Fastest growing segment | Household Products |
| Historical data | 2017 - 2020 |
| Base year | 2021 |
| Forecast period | 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, Germany accounted for 7.2% of the global bag in box container market in 2021.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Europe, Germany bag in box container market is projected to lead the regional market in terms of revenue in 2030.
- UK is the fastest growing regional market in Europe and is projected to reach USD 429.4 million by 2030.
Food & beverage was the largest segment with a revenue share of 69.17% in 2021. Horizon Databook has segmented the Germany 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.
Germany was the largest food & beverage consumer in Europe in 2016 owing to changing consumer tastes and high adoption rates of new products. The household cleaner market exhibited a high adoption of bag-in-box containers as the packaging provided easier handling of the contents.
The rising demand for the household cleaner market in this country is expected to drive the market growth for bagin-box container over the forecasts period. Rising innovations and the introduction of convenience products by manufacturers are likely to increase the demand for bag-in-box containers over the forecast period.
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Bag In Box Container Market Scope
Bag In Box Container Market Companies
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Germany bag in box container market size, by application, 2017-2030 (US$M)
Germany Bag In Box Container Market Outlook Share, 2021 & 2030 (US$M)
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