Global Bag In Box Market Overview
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%.
Global Bag In Box Market Dynamics
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.
Global Bag In Box Market Segmentation
Source: Prophecy Market Insights |Disclaimer: Data is only a representation. Actual data may vary in the final report.
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:
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Attribute |
Details |
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Base year for estimation |
2020 |
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Forecast period |
2020 – 2030 |
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Market representation |
Revenue in USD Million & CAGR from 2020 – 2030 |
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Market Segmentation |
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 Tap– With Tap and Without Tap
By End-user– Food, Beverage, Industrial, and Others (Cosmetics & Personal Care and Household)
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Regional scope |
North America - U.S., Canada Europe - UK, Germany, Spain, France, Italy, Russia, Rest of Europe Asia Pacific - Japan, India, China, South Korea, Australia, Rest of Asia-Pacific Latin America - Brazil, Mexico, Argentina, Rest of Latin America Middle East & Africa - South Africa, Saudi Arabia, UAE, Rest of Middle East & Africa |
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Report coverage |
Revenue forecast, company share, competitive landscape, growth factors, and trends |
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:
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- North America
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- U.S.
- Canada
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- Europe
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- Germany
- UK
- France
- Russia
- Italy
- Rest of Europe
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- Asia Pacific
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- China
- India
- Japan
- South Korea
- Rest of Asia Pacific
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- Latin America
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- Brazil
- Mexico
- Rest of Latin America
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- Middle East & Africa
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- GCC
- Israel
- South Africa
- Rest of Middle East & Africa
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- North America
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Global Bag In Box Market Key Players
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.
Global Bag In Box Market Company Profile
- 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
Global Bag In Box Market Table of Contents
- Research Objective and Assumption
- Preface
- Research Objectives
- Study Scope
- Years Considered for the study
- Assumptions
- Abbreviations
- Research Methodology
- Research data
- Primary Data
- Primary Interviews
- Primary Breakdown
- Key data from Primary Sources
- Key Thickness Insights
- Secondary Data
- Major Secondary Sources
- Secondary Sources
- Market Estimation
- Top-Down Approach
- Approach for estimating Market Share by Top-Down Analysis (Supply Side)
- Bottom-Up Approach
- Approach for estimating market share by Bottom-up Analysis (Demand Side)
- Market Breakdown and Data Triangulation
- Research Assumptions
- Market Purview
- Executive Summary
- Key Findings—Global Outlook for Bag-in-Box Strategies
- Key Questions this Study will Answer
- Market Snippet, By Component
- Market Snippet, By Capacity
- Market Snippet, By Material State
- Market Snippet, By Tab
- Market Snippet, By End-user
- Market Snippet, By Region
- Opportunity Map Analysis
- Executive Summary—3 Big Predictions
- Market Dynamics, Regulations, and Trends Analysis
- Market Dynamics
- Drivers
- Restraints
- Market Opportunities
- Market Trends
- DR Impact Analysis
- PEST Analysis
- Porter’s Five Forces Analysis
- Opportunity Orbit
- Market Investment Feasibility Index
- Macroeconomic Factor Analysis
- Market Dynamics
- Global Bag-in-Box Market, By Component, 2019 – 2024, (US$ Mn)
- Overview
- Market Value and Forecast (US$ Mn), and Share Analysis (%), 2019 – 2024
- Y-o-Y Growth Analysis (%), 2019 – 2024
- Segment Trends
- Bags
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2024
- Boxes
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2024
- Fitments
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2024
- Overview
- Global Bag-in-Box Market, By Capacity, 2019 – 2024, (US$ Mn)
- Overview
- Market Value and Forecast (US$ Mn), and Share Analysis (%), 2019 – 2024
- Y-o-Y Growth Analysis (%), 2019 – 2024
- Segment Trends
- < 1 liter
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2024
- 3–5 liters
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2024
- 5–10 liters
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2024
- 10–20 liters
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2024
- > 20 liters
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2024
- Overview
- Global Bag-in-Box Market, By Material State, 2019 – 2024, (US$ Mn)
- Overview
- Market Value and Forecast (US$ Mn), and Share Analysis (%), 2019 – 2024
- Y-o-Y Growth Analysis (%), 2019 – 2024
- Segment Trends
- Semi-liquid
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2024
- Liquid
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2024
- Overview
- Global Bag-in-Box Market, By Tab, 2019 – 2024, (US$ Mn)
- Overview
- Market Value and Forecast (US$ Mn), and Share Analysis (%), 2019 – 2024
- Y-o-Y Growth Analysis (%), 2019 – 2024
- Segment Trends
- With Tap
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2024
- Without Tap
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2024
- Overview
- Global Bag-in-Box Market, By End-user, 2019 – 2024, (US$ Mn)
- Overview
- Market Value and Forecast (US$ Mn), and Share Analysis (%), 2019 – 2024
- Y-o-Y Growth Analysis (%), 2019 – 2024
- Segment Trends
- Food
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2024
- Beverage
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2024
- Industrial
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2024
- Others
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2024
- Overview
- Global Bag-in-Box Market, By Region, 2019 – 2024, (US$ Mn)
- Overview
- Market Value and Forecast (US$ Mn), and Share Analysis (%), 2019 – 2024
- Y-o-Y Growth Analysis (%), 2019 – 2024
- Regional Trends
- North America
- Market Size and Forecast (US$ Mn), By Component, 2019 – 2024
- Market Size and Forecast (US$ Mn), By Capacity, 2019 – 2024
- Market Size and Forecast (US$ Mn), By Material State, 2019 – 2024
- Market Size and Forecast (US$ Mn), By Tab, 2019 – 2024
- Market Size and Forecast (US$ Mn), By End-user, 2019 – 2024
- Market Size and Forecast (US$ Mn), By Country, 2019 – 2024
- U.S.
- Canada
- Europe
- Market Size and Forecast (US$ Mn), By Component, 2019 – 2024
- Market Size and Forecast (US$ Mn), By Capacity, 2019 – 2024
- Market Size and Forecast (US$ Mn), By Material State, 2019 – 2024
- Market Size and Forecast (US$ Mn), By Tab, 2019 – 2024
- Market Size and Forecast (US$ Mn), By End-user, 2019 – 2024
- Market Size and Forecast (US$ Mn), By Country, 2019 – 2024
- Germany
- UK
- France
- Russia
- Italy
- Rest of Europe
- Asia Pacific
- Market Size and Forecast (US$ Mn), By Component, 2019 – 2024
- Market Size and Forecast (US$ Mn), By Capacity, 2019 – 2024
- Market Size and Forecast (US$ Mn), By Material State, 2019 – 2024
- Market Size and Forecast (US$ Mn), By Tab, 2019 – 2024
- Market Size and Forecast (US$ Mn), By End-user, 2019 – 2024
- Market Size and Forecast (US$ Mn), By Country, 2019 – 2024
- China
- India
- Japan
- South Korea
- Rest of Asia Pacific
- Latin America
- Market Size and Forecast (US$ Mn), By Component, 2019 – 2024
- Market Size and Forecast (US$ Mn), By Capacity, 2019 – 2024
- Market Size and Forecast (US$ Mn), By Material State, 2019 – 2024
- Market Size and Forecast (US$ Mn), By Tab, 2019 – 2024
- Market Size and Forecast (US$ Mn), By End-user, 2019 – 2024
- Market Size and Forecast (US$ Mn), By Country, 2019 – 2024
- Brazil
- Mexico
- Rest of Latin America
- Middle East & Africa
- Market Size and Forecast (US$ Mn), By Component, 2019 – 2024
- Market Size and Forecast (US$ Mn), By Capacity, 2019 – 2024
- Market Size and Forecast (US$ Mn), By Material State, 2019 – 2024
- Market Size and Forecast (US$ Mn), By Tab, 2019 – 2024
- Market Size and Forecast (US$ Mn), By End-user, 2019 – 2024
- Market Size and Forecast (US$ Mn), By Country, 2019 – 2024
- GCC
- Israel
- South Africa
- Rest of Middle East
- Overview
- Competitive Landscape
- Heat Map Analysis
- Market Presence and Specificity Analysis
- Company Profiles
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- Smurfit Kappa Group
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Overview
- Business Strategies
- DS Smith
- Amcor Limited
- CDF Corporation
- Liqui-Box
- Scholle IPN
- Vine Valley Ventures LLC
- Parish Manufacturing Inc.
- TPS Rental Systems Ltd.
- Optopack Ltd.
- Smurfit Kappa Group
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- The Last Word
- Future Impact
- About Us
- Contact
FAQs
The global bag-in-box market is segmented based on component, capacity, material state, tap, end-user, and region.
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.
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.
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.