Global Bag-in-Box Container Market

Global Bag In Box Container Market Size, Share, Growth Analysis, By Material Type(Ethylene Vinyl Alcohol, Low-Density Polyethylene (LDPE)), By Application(Food & Beverages, Industrial Fluids (including pharmaceutical & agrochemicals)) - Industry Forecast 2024-2031

Report ID: SQMIG15G2073 | Region: Global | Published Date: February, 2024
Pages: 242 | Tables: 63 | Figures: 75

Global Bag In Box Container Market Insights

Bag In Box Container Market size was valued at USD 3.77 billion in 2019 and is poised to grow from USD 4.02 billion in 2023 to USD 7.21 billion by 2031, growing at a CAGR of 6.7% in the forecast period (2024-2031).

Bag in box containers are used as the packaging material for packaging various products like food, beverages, household product. Bag-in-box containers act as extra protection during transportation which helps to carry food with the ease. Generally, it is light in weight with varied sizes. Its speciality is that it is chemical inert towards the food substances.

The bag-in-box container industry is witnessing a surge in demand from the wine industry. Wine production is expected to increase steadily as manufacturers adopt advanced packaging solutions such as bag-in-box containers as alternative packaging. Because of rising alcoholic beverage consumption, the market for bag-in-box containers in the alcoholic beverage segment is expected to grow. Growth in alcoholic beverage consumption in developed economies is expected to drive market growth. 

Over the forecast period, the bag-in-box container market is expected to be driven by rising household product demand. The rising popularity of household cleaners such as surface deodorizers and cleaners is expected to drive demand for bag-in-box containers in this market. Growing urban population has increased demand for hygiene-promoting products such as household cleaners.

US Bag In Box Container Market  is poised to grow at a sustainable CAGR for the next forecast year.

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Bag In Box Container Market size was valued at USD 3.77 billion in 2019 and is poised to grow from USD 4.02 billion in 2023 to USD 7.21 billion by 2031, growing at a CAGR of 6.7% in the forecast period (2024-2031).

Global bag in box container market is highly competitive and somewhat integrated. To maintain a competitive edge, the major industry participants are continually implementing various growth strategies. Innovations, mergers, and acquisitions, collaborations and partnerships are adopted by these players to thrive in the competitive market. In order to provide industries with the most effective and economical solutions, the major market players are also continually concentrating providing bag in box packaging solutions which made using sustainable raw materials. 'Smurfit Kappa Group plc', 'DS Smith Plc', 'Liqui-Box Corporation', 'Amcor Limited', 'Scholle IPN Corporation', 'CDF Corporation', 'Optopack Ltd.', 'Parish Manufacturing Inc.', 'Vine Valley Ventures LLC', 'Arlington Packaging (UK) Ltd.', 'TPS Rental Systems Ltd.', 'Rapak LLC', 'Askoll Group S.r.l.', 'Aran Group', 'Rapak Asia-Pacific Pty Ltd.', 'Silverbag S.p.A.', 'DuPont de Nemours, Inc.', 'Jiaxing Fuda Chemical Co., Ltd.', 'TPS Rental Systems B.V.', 'Elldex Packaging Solutions Pty Ltd.'

The bag-in-box container market is expected to grow in response to the rising demand for packaged goods and beverages. Furthermore, the rise in eco-friendly and sustainable packaging is expected to dampen the growth of the bag-in-box container market.

Bio-plastics are getting a huge preference and popularity in the market. Due to its convenience and advantages, it has the potential to replace conventional plastic material in the market. Most of the bag in box container is made by recycling the plastic material.

In Asia Pacific, the market is expected to grow fast over the forecast period. The rising food and beverage market in Asia Pacific has created a huge positive impact on the bag-in-box container market growth. Increasing industrialization and population in countries like India and China, integrate with the increasing adoption of packaged food and beverage products in the region is expected to propel high level demand over the forecast period. Moreover, household products gained notable market due to the introduction of eco-cleaning household products. In addition, new technological advancements is expected to influence the bag in box container market.

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Global Bag-in-Box Container Market

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