Bag-in-Box Container Market Size To Hit USD 5.50 Bn By 2032

The global bag-in-box container market size reached USD 3.55 billion in 2022 and is expected to hit around USD 5.50 billion by 2030, poised to grow at a CAGR of 5.6% from 2022 to 2030.

Bag in Box Container Market Size 2021 To 2030

Key Takeaways

  • Asia Pacific is estimated to expand at the fastest CAGR of 7.5% during the forecast period 2022 to 2030.
  • By Application, the food and beverage application segment contributed more than 66% of revenue share in 2020.
  • By Type, ethylene vinyl alcohol and low-density polyethylene segment grew to become profitable markets in 2020.

Bag-in-Box is an advanced packaging solution that is intended to prolong the shelf life of semi-liquids and liquids. The bag-in-box packaging system was generated as a restructured solution to the complications of packaging paste-textured and liquids food products like water, wine, sauce, juice, fats, purees and oils. This solution offers benefit of full expertise through the packaging process of liquids and other food items across various applications such as accessories and films to bags, boxes and taps, filling lines and others. Bag-in-box is a soft plastic container enclosed with the help of a corrugated box with a marketing print. Bag-in-box solutions provide added supportable choice of packing for countless industries including wine, dairy, juice, liquid eggs and non-food usages including chemicals and motor oil.

Bag-in-box packaging solution is a striking in store promotion intermediate that might aid and attract fresh target groups. Bag-in-box wine packaging offers a greater communication area and can perform as a billboard on shelf for the brand as compared with a wine bottle label. Abundant finishing and printing processes are present to complete a standard or premium look including single-color flexographic, gloss, matte, six-color offset printing, UV varnish, pigments, silver inks; holograms and embossed films among others. A major benefit of the bag-in-box container is its low carbon footprint and eco-friendliness.

Get the Sample Pages of Report for More Understanding@ https://www.precedenceresearch.com/sample/1046

Growth Factors

Bag-in-box containers are attaining huge popularity as an apt substitute for stiff packaging products those were used by the packaging business until some years back. Bag-in-box packaging has appeared as competent packaging that allows corporations to diminish the carbon footprint of their productions. Foremost performers in the bag-in-box containers landscape are leveraging this drift in product advertisings and generating a novel brand identity. With consumers and governing organizations asserting the necessity for environmentally viable and harmless packaging, a rising amount of packaging businesses are penetrating into revolutionizing types and materials of biologically friendly packaging.

Bag-in-Box Container Market Scope 

Report Highlights Details
Market Size in 2022 USD 3.55 Billion
Market Size by 2030 USD 5.50 Billion
Growth Rate from 2022 to 2030 CAGR of 5.6%
Largest Market Asia Pacific
Fastest Growing Market North America
Base Year 2021
Forecast Period 2022 to 2030
Segments Covered Type, Application, Region Outlook

Report Highlights

  • Growing concentration on accepting better eco-friendly packaging solutions amidst existence of innumerable regulations concerning the influence on the environment supports the tremendous progress of this market
  • Great requirement for these packaging products from the food & beverage and industrial products sector further propel the growth of bag-in-box market across Asia Pacific region
  • North American market growth is expected to fuel by bag-in-box container demand from various application sectors from Canada and the U.S.

Regional Snapshots

Australia, South Korea, Japan, China and India in the Asia Pacific region are assumed to experience substantial growth in the bag-in-box container sector throughout the prediction period. Increasing packaged food and beverages sale due to escalated employed population caused due to rapid industrialization in these nations is flourishing the revenue growth of the market. Proliferating intake of cooking oil products such as sunflower, olive and palm oil due to cholesterol free characteristics caused by fit lifestyle amendment are also accelerating need for bag-in-box packaging solutions across Asia pacific.

Europe is also expected to offer substantial growth in demand for bag-in-box packaging solutions due to expansion of food and beverage sector in this region. Varying consumption patterns of the customers, great levels of urbanization along with swelling acceptance of these types of packaging containers is further bolstering the growth of the market. Augmenting R&D spending by the packaging companies to permit the amalgamation of innovative characteristics such as size and shape is expected to upturn the request for the bag-in-box container during years to come.

Read Also: Metal Fiber Market Size Worth Around US$ 8.77 Billion by 2032

Key Players & Strategies

Top most players in the bag-in-box containers backdrop such as DS Smith, Liqui-Box, Smurfit Kappa Group, Scholle IPN, CDF Corporation, Amcor Limited, TPS Rental Systems Ltd., and Optopack Ltd., collectively occupied more than 39% of the total revenue generated by the market in 2019. Foremost players in this marketplace are contending on modernization and development in plastic packaging amenities and improvement of their engineering technologies to uphold their foothold in the industry.

Recent developments accomplished by various market contenders are as follows:

In May 29, 2020, Smurfit Kappa launched ground breaking new Vitop® Blue tap for bag-in-box cleaning products. Further, in April, 2020, it also started to offer new Bag-in-Box filling solution for organic birch sap drink. Company is now collaborated with France based firms named Fée Nature, to deliver a health drink finished from birch sap Bag-in-Box packaging products.

In March 2019, DS Smith’s “Rapak” brand declared the extension of their bag-in-box packaging abilities with deploying the sixth production line at the unit situated in Bulgaria. This enlargement is intended to cater the emergent need for bag-in-box packaging solutions from the numerous customers.

The key participants functioning in the bag-in-box packaging system market are mentioned below:

  • Scholle IPN
  • DS Smith
  • Liqui-Box
  • CDF Corporation
  • Parish Manufacturing Inc.
  • Amcor Limited
  • Vine Valley Ventures LLC
  • Smurfit Kappa Group
  • Optopack Ltd
  • TPS Rental Systems Ltd.
  • Others

Segments Covered in the Report

By Type

  • Ethylene Vinyl Alcohol
  • Low-Density Polyethylene
  • Ethylene Vinyl Acetate
  • Others

By Application

  • Industrial Liquids
    • Petroleum Products
    • Oils
    • Industrial Fluids
  • Household Products
    • Liquid Detergents
    • Household Cleaners
  • Food & Beverages
    • Alcoholic Beverages
      • Beer
      • Wine
      • Others
    • Nonalcoholic Beverages
      • Flavored Drinks
      • Soft Drinks
      • Others
    • Others
      • Milk & Dairy Products
      • Edible Oil
      • Others

By Regional Outlook

  • North America
    • U.S.
    • Canada
  • Europe
    • U.K.
    • Germany
    • France
  • Asia Pacific
    • China
    • India
    • Japan
    • South Korea
  • Middle East & Africa
  • Latin America

TABLE OF CONTENT

Chapter 1. Introduction

1.1. Research Objective
1.2. Scope of the Study
1.3. Definition

Chapter 2. Research Methodology

2.1. Research Approach
2.2. Data Sources
2.3. Assumptions & Limitations

Chapter 3. Executive Summary

3.1. Market Snapshot

Chapter 4. Market Variables and Scope

4.1. Introduction
4.2. Market Classification and Scope
4.3. Industry Value Chain Analysis

Chapter 5. Market Dynamics Analysis and Trends

5.1. Market Dynamics
5.1.1. Market Drivers
5.1.2. Market Restraints
5.1.3. Market Opportunities
5.2. Porter’s Five Forces Analysis
5.2.1. Bargaining power of suppliers
5.2.2. Bargaining power of buyers
5.2.3. Threat of substitute
5.2.4. Threat of new entrants
5.2.5. Degree of competition

Chapter 6. Competitive Landscape

6.1.1. Company Market Share/Positioning Analysis
6.1.2. Key Strategies Adopted by Players
6.1.3. Vendor Landscape
6.1.3.1. List of Suppliers
6.1.3.2. List of Buyers

Chapter 7. Global Bag-in-Box Container Market, By Type

7.1. Bag-in-Box Container Market, by Type, 2023-2032
7.1.1. Ethylene Vinyl Alcohol
7.1.1.1. Market Revenue and Forecast (2020-2032)
7.1.2. Low-Density Polyethylene
7.1.2.1. Market Revenue and Forecast (2020-2032)
7.1.3. Ethylene Vinyl Acetate
7.1.3.1. Market Revenue and Forecast (2020-2032)
7.1.4. Others
7.1.4.1. Market Revenue and Forecast (2020-2032)

Chapter 8. Global Bag-in-Box Container Market, By Application

8.1. Bag-in-Box Container Market, by Application, 2023-2032
8.1.1. Industrial Liquids (Petroleum Products, Oils, Industrial Fluids)
8.1.1.1. Market Revenue and Forecast (2020-2032)
8.1.2. Household Products (Liquid Detergents, Household Cleaners)
8.1.2.1. Market Revenue and Forecast (2020-2032)
8.1.3. Food & Beverages (Alcoholic Beverages, Nonalcoholic Beverages)
8.1.3.1. Market Revenue and Forecast (2020-2032)

Chapter 9. Global Bag-in-Box Container Market, Regional Estimates and Trend Forecast

9.1. North America
9.1.1. Market Revenue and Forecast, by Type (2020-2032)
9.1.2. Market Revenue and Forecast, by Application (2020-2032)
9.1.3. U.S.
9.1.3.1. Market Revenue and Forecast, by Type (2020-2032)
9.1.3.2. Market Revenue and Forecast, by Application (2020-2032)
9.1.4. Rest of North America
9.1.4.1. Market Revenue and Forecast, by Type (2020-2032)
9.1.4.2. Market Revenue and Forecast, by Application (2020-2032)
9.2. Europe
9.2.1. Market Revenue and Forecast, by Type (2020-2032)
9.2.2. Market Revenue and Forecast, by Application (2020-2032)
9.2.3. UK
9.2.3.1. Market Revenue and Forecast, by Type (2020-2032)
9.2.3.2. Market Revenue and Forecast, by Application (2020-2032)
9.2.4. Germany
9.2.4.1. Market Revenue and Forecast, by Type (2020-2032)
9.2.4.2. Market Revenue and Forecast, by Application (2020-2032)
9.2.5. France
9.2.5.1. Market Revenue and Forecast, by Type (2020-2032)
9.2.5.2. Market Revenue and Forecast, by Application (2020-2032)
9.2.6. Rest of Europe
9.2.6.1. Market Revenue and Forecast, by Type (2020-2032)
9.2.6.2. Market Revenue and Forecast, by Application (2020-2032)
9.3. APAC
9.3.1. Market Revenue and Forecast, by Type (2020-2032)
9.3.2. Market Revenue and Forecast, by Application (2020-2032)
9.3.3. India
9.3.3.1. Market Revenue and Forecast, by Type (2020-2032)
9.3.3.2. Market Revenue and Forecast, by Application (2020-2032)
9.3.4. China
9.3.4.1. Market Revenue and Forecast, by Type (2020-2032)
9.3.4.2. Market Revenue and Forecast, by Application (2020-2032)
9.3.5. Japan
9.3.5.1. Market Revenue and Forecast, by Type (2020-2032)
9.3.5.2. Market Revenue and Forecast, by Application (2020-2032)
9.3.6. Rest of APAC
9.3.6.1. Market Revenue and Forecast, by Type (2020-2032)
9.3.6.2. Market Revenue and Forecast, by Application (2020-2032)
9.4. MEA
9.4.1. Market Revenue and Forecast, by Type (2020-2032)
9.4.2. Market Revenue and Forecast, by Application (2020-2032)
9.4.3. GCC
9.4.3.1. Market Revenue and Forecast, by Type (2020-2032)
9.4.3.2. Market Revenue and Forecast, by Application (2020-2032)
9.4.4. North Africa
9.4.4.1. Market Revenue and Forecast, by Type (2020-2032)
9.4.4.2. Market Revenue and Forecast, by Application (2020-2032)
9.4.5. South Africa
9.4.5.1. Market Revenue and Forecast, by Type (2020-2032)
9.4.5.2. Market Revenue and Forecast, by Application (2020-2032)
9.4.6. Rest of MEA
9.4.6.1. Market Revenue and Forecast, by Type (2020-2032)
9.4.6.2. Market Revenue and Forecast, by Application (2020-2032)
9.5. Latin America
9.5.1. Market Revenue and Forecast, by Type (2020-2032)
9.5.2. Market Revenue and Forecast, by Application (2020-2032)
9.5.3. Brazil
9.5.3.1. Market Revenue and Forecast, by Type (2020-2032)
9.5.3.2. Market Revenue and Forecast, by Application (2020-2032)
9.5.4. Rest of LATAM
9.5.4.1. Market Revenue and Forecast, by Type (2020-2032)
9.5.4.2. Market Revenue and Forecast, by Application (2020-2032)

Chapter 10. Company Profiles

10.1. Scholle IPN
10.1.1. Company Overview
10.1.2. Product Offerings
10.1.3. Financial Performance
10.1.4. Recent Initiatives
10.2. DS Smith
10.2.1. Company Overview
10.2.2. Product Offerings
10.2.3. Financial Performance
10.2.4. Recent Initiatives
10.3. Liqui-Box
10.3.1. Company Overview
10.3.2. Product Offerings
10.3.3. Financial Performance
10.3.4. Recent Initiatives
10.4. CDF Corporation
10.4.1. Company Overview
10.4.2. Product Offerings
10.4.3. Financial Performance
10.4.4. Recent Initiatives
10.5. Parish Manufacturing Inc.
10.5.1. Company Overview
10.5.2. Product Offerings
10.5.3. Financial Performance
10.5.4. Recent Initiatives
10.6. Amcor Limited
10.6.1. Company Overview
10.6.2. Product Offerings
10.6.3. Financial Performance
10.6.4. Recent Initiatives
10.7. Vine Valley Ventures LLC
10.7.1. Company Overview
10.7.2. Product Offerings
10.7.3. Financial Performance
10.7.4. Recent Initiatives
10.8. Smurfit Kappa Group
10.8.1. Company Overview
10.8.2. Product Offerings
10.8.3. Financial Performance
10.8.4. Recent Initiatives
10.9. Optopack Ltd
10.9.1. Company Overview
10.9.2. Product Offerings
10.9.3. Financial Performance
10.9.4. Recent Initiatives
10.10. TPS Rental Systems Ltd.
10.10.1. Company Overview
10.10.2. Product Offerings
10.10.3. Financial Performance
10.10.4. Recent Initiatives

Chapter 11. Research Methodology

11.1. Primary Research
11.2. Secondary Research
11.3. Assumptions

Chapter 12. Appendix

12.1. About Us
12.2. Glossary of Terms

Contact Us:

Mr. Alex

Sales Manager

Call: +1 9197 992 333

Email: sales@precedenceresearch.com

Web: https://www.precedenceresearch.com

Blog: https://www.expresswebwire.com/

Blog: https://www.uswebwire.com/

Blog: https://www.dailytechbulletin.com/

Blog: https://www.autoindustrybulletin.com/

 

 

Leave a Reply

Your email address will not be published. Required fields are marked *