Insights Into The Bag-in-Box Containers Market’s Growth Opportunities Through 2023-2032 – Includes Bag-in-Box Containers Market Trends
The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032
The increasing demand for bag-in-box containers are expected to drive innovation in bag-in-box containers manufacturing, thus driving the market during the forecast period.
The global bag-in-box containers market is expected to grow from $3.81 billion in 2022 to $4.06 billion in 2023 at a compound annual growth rate (CAGR) of 6.4%. The bag-in-box containers market size is expected to grow to $5.27 billion in 2027 at a compound annual growth rate (CAGR) of 6.8%.
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Global Bag-In-Box Containers Market Segments Include:
- By Type:By Material Type: Low Density Polyethylene, Ethylene Vinyl Acetate, Ethylene Vinyl Alcohol, Other Material Types (Nylon, Poly-butylene Terephthalate)
- By Capacity:Less than 5 litres, 5-10 litres, 10-15 litres, 15-20 litres, More than 20 litres
- By Application:Food And Beverages, Industrial Liquids, Household Products, Other Applications
- By Geography:The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, North America is the largest region in the global bag-in-box containers market in 2021.
Major Market Players in the bag-in-box containers market include Smurfit Kappa Group, DS Smith, Liqui Box Corporation, CDF Corporation, Optopack Ltd., Scholle IPN, Amcor Ltd., Arlington Packaging.
The growing number of technological advancements is a major trend gaining popularity in the bag-in-box container market. Major companies operating in the bag-in-box container sector are focusing on developing technologically advanced solutions for bag-in-box containers. For instance, in April 2021, Scholle IPN India Packaging Pvt. Ltd., an India-based packaging company that specializes in creating and producing bag-in-box and pouch packaging, launched bag-in-box packaging for water based on Scholle IPN’s proprietary film technology. This bag with two layers of film and a polyethylene closure was put to the test by PFE. Scholle IPN’s RecShield® barrier film is used in the outer layer to prevent undesirable flavors from leaking through the film and into the water. The inner layer consists of Scholle IPN’s proprietary film technology, known as 2PureTM, which contains scavenging technology that protects the taste of the packaged water and can be recyclable and reduce environmental pollution.
The Bag-in-Box Containers Global Market Report 2023 provides a bag-in-box containers market overview for the time series: historic years (2010 – 2021) and ten years forecast (2023 – 2032). The bag-in-box containers market forecast analyzes bag-in-box containers market size, bag-in-box containers market share, leading competitor market positions. The regions covered in the report include Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa and the countries include Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
Bag-in-box containers refer to a container type that can hold both dry and liquid products. The contents are put into a flexible bag, which is then put inside a (usually cardboard) box. A bag-in-box is a kind of container for the distribution and preservation of liquids and is a viable option for packaging juice, liquid eggs, dairy, wine and even non-food products such as motor oil and chemicals.
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