UK Bag In Box Container Market Size & Outlook, 2021-2030
UK bag in box container market, 2017-2030 (US$M)
Related Markets
UK bag in box container market highlights
- The UK bag in box container market generated a revenue of USD 225.2 million in 2021 and is expected to reach USD 429.4 million by 2030.
- The UK market is expected to grow at a CAGR of 7.4% 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 225.2 million |
| Market revenue in 2030 | USD 429.4 million |
| Growth rate | 7.4% (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, UK accounted for 6.0% 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 68.56% in 2021. Horizon Databook has segmented the UK 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 increase in the flexible packaging owing to the light weight and low-cost production across UK is likely to increase the demand for bag-in-box container. Increasing focus of manufacturers to increase the use of environmentally friendly material coupled with strong development in renewable packaging is expected to increase the market growth for bag-in-box container over the forecasts period.
The UK food and beverage industry is labelled as culinary capital of the world owing to large-scale investment projects, rise in population, and changing consumer tastes. Furthermore, increasing consumption of alcoholic beverages owing to the lifestyle of people is expected 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
| Name | Profile | # Employees | HQ | Website |
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UK bag in box container market size, by application, 2017-2030 (US$M)
UK Bag In Box Container Market Outlook Share, 2021 & 2030 (US$M)
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