Market revenue in 2021 | USD 862.6 million |
Market revenue in 2030 | USD 1,574.6 million |
Growth rate | 6.9% (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 |
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The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to bag in box container market will help companies and investors design strategic landscapes.
Food & beverage was the largest segment with a revenue share of 69.41% in 2021. Horizon Databook has segmented the U.S. 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 market for bag-In-box container in the U.S. is expected to grow owing to the increasing consumption of the packaged wine in this region. The rising disposable income of the consumers coupled with high concern regarding health problems is likely to drive the demand of the product in household cleaner sector.
The growth in the automotive industry owing to the changing lifestyles of people is likely to propel the growth of the product in this region. The demand for bag-in-box container in food & beverage sector is expected to grow owing to the increasing demand for beverage products.
The consumer concern for health coupled with increasing demand for packaged natural products and liquid diet products is increasing the market growth for bagin-box container product in this region. Development of innovative and new packaging technologies in various segments including soft drinks, food and household segments is expected to propel the market growth.
Horizon Databook provides a detailed overview of country-level data and insights on the U.S. bag in box container market , including forecasts for subscribers. This country databook contains high-level insights into U.S. bag in box container market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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