Bag-in-Box Market, By Component (Bags, Boxes, and Fitments), By Capacity (< 1 Liter, 3–5 Liters, 5–10 Liters, 10–20 Liters, and > 20 Liters), By Material State (Semi-liquid and Liquid), By Tab (With Tap and Without Tap), By End-Use Sector (Food, Beverage, Industrial, and Others (Cosmetics & Personal Care and Household)), and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Trends, Analysis and Forecast till 2030

The packaging industry is witnessing pivotal role in environmental remediation activities, particularly from the rise of the e-Commerce industry. Due to the need for environmentally safer and sustainable packaging, governing bodies as well as consumers voicing are mounting number of packaging companies in launching innovative materials and types of environmentally-friendly packaging. Bag-in-box containers are witnessing huge popularity as compare to rigid packaging solutions. Bag-in-box are type of containers which are utilized to transportation or store fluids. The Bag-in-box market accounted for US$ 2.93 billion in 2020 and is estimated to be US$ 4.72 billion by 2030 and is anticipated to register a CAGR of 5.5%.

Rising demand from the wine industry

The bag-in-box industry is registering a rise in demand from the wine industry. The production of wine is projected to witness a stable growth with the manufacturers undertaking advanced packaging solutions which involves bag-in-box containers as an alternative packaging. The bag-in-box market for the alcoholic beverage segment is anticipated to grow due to increasing alcoholic beverage consumption. Increase in consumption of alcoholic beverage in developed countries is projected to boost the growth in the market. North America is anticipated to be the leading consumer of alcoholic beverage products followed by Europe.

Increasing demand for household products

Increasing demand for household products is projected to fuel the market for bag-in-box in the coming years. Rising consumption of the household cleaners such as surface cleaners and surface deodorizers is projected to boost the demand for bag-in-box market globally. Increasing urban population globally has estimated for a surge in the demand for hygiene promoting products such as household cleaners. Additionally, the market is anticipated to be driven by the need for low-foam detergents that are being packaged in bag-in-box containers.

Rising demand for plastic bottles

The demand for the bag-in-box container is anticipated to limit the growth in the substitute product market such as plastic and glass bottles. The increased availability of the plastic bottles at low costs is anticipated to hamper market growth. Rising demand for plastic bottles by the soft drink industry is projected to restrain the growth of the market for bag-in-box throughout the forecasts period.

The global bag-in-box market is segmented based on component, capacity, material state, tap, end-user, and region.

On the basis of component, the global bag-in-box market is segmented into bags, boxes, and fitments. Based on capacity, the target market is segmented into < 1 liter, 3–5 liters, 5–10 liters, 10–20 liters, and > 20 liters. Based on material state, the target market is segmented into semi-liquid and liquid. Based on tap, the target market is segmented into with tap and without tap. Based on end-user, the target market is segmented into food, beverage, industrial, and others (cosmetics & personal care and household)

Regional Insights:

The global bag-in-box market accounted for US$ 2.93 billion in 2020 and is estimated to be US$ 4.72 billion by 2030 and is anticipated to register a CAGR of 5.5%. On region the global bag-in-box market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Asia Pacific is projected to witness a highest growth rate over the forecast period. Increasing food and beverage market in Asia Pacific is anticipated to have a positive impact on the bag-in-box market growth in the coming years. Increasing adoption of packaged food and beverage products coupled with rising industrialization in countries such as India, China is expected to drive demand over the forecast period. In Europe, the demand for bag-in-box market is estimated to grow due to the growth of the product in the food and beverage industry. High levels of urbanization, changing consumption patterns of the consumers, along with growing popularity of such packaging is projected to increase market growth over forecast period

Report Scope:

Segments Covered in the Report:

This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2019 to 2024. For the purpose of this study, has segmented the global bag-in-box market report based on component, capacity, material type, tap, end-user, and region.

Global Bag-in-Box Market, By Region:

• North America
  • Middle East & Africa
    • GCC
    • Israel
    • South Africa
    • Rest of Middle East & Africa
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Asia Pacific
    • China
    • India
    • Japan
    • South Korea
    • Rest of Asia Pacific
  • Europe
    • Germany
    • UK
    • France
    • Russia
    • Italy
    • Rest of Europe
  • U.S.
  • Canada

The key players operating the global bag-in-box market includes Smurfit Kappa Group, DS Smith, Amcor Limited, CDF Corporation, Liqui-Box, Scholle IPN, Vine Valley Ventures LLC, Parish Manufacturing Inc., TPS Rental Systems Ltd., and Optopack Ltd. The key players in this market deals with mergers and acquisitions in an effort to gain market share in a particular region. Moreover, companies also deals with technological collaborations for the production of an advanced product with superior performance characteristics to increase revenue. For instance, in September 2019, the Rapak division of DS Smith PLC introduced a durable bag-in-box solution for liquid detergents in order to increase e-commerce demand of laundry detergents and other consumer packaged goods. This particularly designed bag-in-box unit includes biaxially-oriented nylon (BON) lamination, offering a high puncture resistance and good barrier.

• Smurfit Kappa Group
  • Company Overview
  • Product Portfolio
  • Key Highlights
  • Financial Performance
  • Business Strategies

• DS Smith
  • Company Overview
  • Product Portfolio
  • Key Highlights
  • Financial Performance
  • Business Strategies
• Amcor Limited
  • Company Overview
  • Product Portfolio
  • Key Highlights
  • Financial Performance
  • Business Strategies
• CDF Corporation
  • Company Overview
  • Product Portfolio
  • Key Highlights
  • Financial Performance
  • Business Strategies
• Liqui-Box
  • Company Overview
  • Product Portfolio
  • Key Highlights
  • Financial Performance
  • Business Strategies
• Scholle IPN
  • Company Overview
  • Product Portfolio
  • Key Highlights
  • Financial Performance
  • Business Strategies
• Vine Valley Ventures LLC
  • Company Overview
  • Product Portfolio
  • Key Highlights
  • Financial Performance
  • Business Strategies
• Parish Manufacturing Inc.
  • Company Overview
  • Product Portfolio
  • Key Highlights
  • Financial Performance
  • Business Strategies
• TPS Rental Systems Ltd.
  • Company Overview
  • Product Portfolio
  • Key Highlights
  • Financial Performance
  • Business Strategies
• Optopack Ltd.
  • Company Overview
  • Product Portfolio
  • Key Highlights
  • Financial Performance
  • Business Strategies