Bag-In-Box Container Market witnessing high demand for convenient and flexible packaging solutions at USD 5.8 Billion By 2028

 Bag-in-Box Container Industry Overview

The global bag-in-box container market size was estimated at USD 3.5 billion in 2020 and is expected to expand at a compounded annual growth rate (CAGR) of 6.5% from 2020 to 2028.

The growth of the industry can be attributed to the growing product adoption in industry segments such as alcoholic beverages, household cleaners, and milk and dairy products. The bag-in-box container industry has been witnessing a soaring demand from the wine industry. The production of wine is expected to register a steady increase with the manufacturers adopting advanced packaging solutions such as bag-in-box containers as alternative packaging.

The market for the bag-in-box container in the alcoholic beverage segment is expected to increase owing to the increasing alcoholic beverage consumption. Growth in the consumption of alcoholic beverages in developed economies is expected to drive growth in the market. North America is expected to be the largest consumer of alcoholic beverage products followed by Europe. 

Gather more insights about the market drivers, restrains and growth of the Global Bag-in-Box Container Market

The growing demand for household products is expected to drive the market for bag-in-box containers over the forecast period. The increasing consumption of household cleaners such as surface deodorizers and surface cleaners is expected to drive the demand for bag-in-box containers in this segment. The growing urban population in the region has accounted for an increase in the demand for hygiene-promoting products such as household cleaners.

In addition, the market is expected to be driven by the demand for low-foam detergents that are being packaged in bag-in-box containers.The demand for the bag-in-box container is expected to be hampered by the growth in the substitute product market such as plastic and glass bottles. The abundant availability of plastic bottles at lower prices is expected to hinder the growth. The increasing demand for plastic bottles by the soft drink industry is expected to hamper the growth of the market over the forecast period.

Browse through Grand View Research's Plastics, Polymers & Resins Industry Research Reports

  • Pouches Market: The global pouches market size was valued at USD 36.44 billion in 2020 and is expected to grow at a compound annual growth rate (CAGR) of 5.5% from 2020 to 2028 Rising demand for packaged food and beverages coupled with the convenience of use and cost-effectiveness of pouches are primary factors driving the market growth.
  • Dairy Products Market: The global dairy products market size was valued at USD 481.08 billion in 2019 and is expected to grow at a compound annual growth rate (CAGR) of 2.5% from 2020 to 2027. he rising consumption of dairy products and shifting consumer preference from meat to dairy products for protein enrichment are the significant drivers for this market’s growth.

 

Bag-In-Box Container Market Segmentation

Grand View Research has segmented the global bag-in-box container market on the basis of application and region.

 

Bag-In-Box Container Application Outlook (Revenue, USD Million, 2017 - 2028)

  • Food & Beverage
    • Alcoholic Beverages
      • Wine
      • Beer
      • Others
    • Non-Alcoholic Beverages
      • Soft Drinks
      • Juices & Flavored Drinks
      • Water
    • Others
      • Tomato Products
      • Milk & Dairy Products
      • Liquid Eggs
      • Edible Oil
      • Others
    • Industrial Liquids
      • Oils
      • Industrial Fluids
      • Petroleum Products
    • Household Products
      • Household Cleaners
      • Liquid Detergents
      • Liquid Soaps & Handwash
      • Others
    • Bag-In-Box Container Regional Outlook (Revenue, USD Million, 2017 - 2028)
    • North America
    • Europe
    • Asia Pacific
    • Central & South America
    • Middle East & Africa (MEA)

 

Market Share Insights

  • October 2021: Amcor has introduced an enhanced-stock product programme designed to meet its customers’ healthcare packaging needs in North America.


Key Companies profiled:

 Some prominent players in the global bag-in-box container market include:

  • Amcor Ltd.
  • Smurfit Kappa
  • DS Smith
  • Liquibox
  • Scholle IPN
  • CDF Corporation
  • Arlington Packaging (Rental) Limited
  • CENTRAL PACKAGE & DISPLAY
  • Accurate Box Company, Inc
  • TPS Rental System Ltd
  • Optopack Ltd
  • Zarcos America
  • Aran Group
  • BiBP Sp. z O.O
  • SLF INDUSTRY AND TRADE CO., LTD.


Order a free sample PDF of the Bag-in-Box Container Market Intelligence Study, published by Grand View Research.

 

About Grand View Research

Grand View Research, U.S.-based market research and consulting company, provides syndicated as well as customized research reports and consulting services. Registered in California and headquartered in San Francisco, the company comprises over 425 analysts and consultants, adding more than 1200 market research reports to its vast database each year. These reports offer in-depth analysis on 46 industries across 25 major countries worldwide. With the help of an interactive market intelligence platform, Grand View Research Helps Fortune 500 companies and renowned academic institutes understand the global and regional business environment and gauge the opportunities that lie ahead.

 

 

 

 

 

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