What Has Been the Progress and Growth of the Bag-in-box Containers Market in Recent Years?
The bag-in-box containers market has seen considerable growth due to a variety of factors.
• There has been a substantial growth in the market size of bag in box containers in recent years. The market is expected to expand from $4.49 billion in 2024 to $4.85 billion in 2025, a compound annual growth rate (CAGR) of 8.0%.
Factors that have contributed to this growth in the past include efficient packaging, increased shelf life, cost-effectiveness, trends in the wine and beverage industry, and decreased environmental impact.
What Is the Forecasted Market Size and Growth Rate for The Bag-in-box Containers Market?
The bag-in-box containers market is expected to maintain its strong growth trajectory in upcoming years.
• The market size for bag in box containers is predicted to experience considerable growth in the upcoming years. It is estimated to reach a whopping $6.98 billion by 2029 with a compound annual growth rate (CAGR) of 9.6%.
The projected growth within this timeframe can be ascribed to evolving consumer behaviors, increased use in non-food sectors, environmentally friendly packaging methods, improvements in dispensing mechanisms, and the global surge in e-commerce. Significant tendencies expected during this forecast period comprise utilization in industrial and institutional domains, advancements in materials and barrier films for enhanced protection, custom-made designs for brand promotion, wider acceptance in the pharmaceutical sector and emphasis on convenience and portability.
Which Key Drivers Are Propelling Th Bag-in-box Containers Market's Growth?
The escalating development of the food and beverage sector is anticipated to spur the advancement of the bag-in-box containers market in the future. The food and beverage sector pertains to the economy's domain encompassing the creation, processing, dissemination, and selling of food and drink items. Bag-in-box containers are widely employed in this industry to package liquids like juices, wines, and syrups. These containers create an accessible and efficient system to store and dispense large amounts of liquids and offer advantages like a prolonged shelf life, easy transport, and less packaging waste. For example, as per reports from the Common Thread Collective, an e-commerce growth agency based in the US, the worldwide food and beverage sales amounted to $506 billion in 2022 and are predicted to hit $857 billion by 2025, in April 2022. Moreover, in September 2022, according to Statistics Sweden, a Sweden-based government institution, the food and beverage sales in 2021 reached $30.74 billion (SEK 334 billion), reflecting a 2.9% increase or $8.28 billion (SEK 9 billion) increase from 2020. Hence, the escalating development of the food and beverage industry is fueling the bag-in-box containers market's growth.
What Are The Main Segments Of The Global Bag-in-box Containers Market?
The bag-in-box containers market covered in this report is segmented –
1) By Material Type: Low Density Polyethylene, Ethylene Vinyl Acetate, Ethylene Vinyl Alcohol, Other Material Types (Nylon, Poly-butylene Terephthalate)
2) By Capacity: Less than 5 liters, 5-10 liters, 10-15 liters, 15-20 liters, More than 20 liters
3) By Application: Food And Beverages, Industrial Liquids, Household Products, Other Applications
Subsegments:
1) By Low Density Polyethylene (LDPE): Standard LDPE Bags, Co-extruded LDPE Bags, Laminated LDPE Bags
2) By Ethylene Vinyl Acetate (EVA): EVA Film, EVA Copolymers, EVA Blends
3) By Ethylene Vinyl Alcohol (EVOH): EVOH Multilayer Films, EVOH Co-extruded Films
4) By Other Material Types: Nylon, Poly-butylene Terephthalate (PBT), Polyester, Polypropylene
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What Emerging Trends Are Influencing The Growth Of The Bag-in-box Containers Market Landscape?
Key corporations involved in the bag-in-box container market are concentrating on creating technologically innovative products like recycle-ready bag-in-box packaging for water, in an effort to promote sustainability and satisfy customer interest in environmentally friendly solutions. Through providing a practical and sustainable choice, recycling-ready bag-in-box water packaging is in line with the increased emphasis on reducing plastic use and advocating for responsible consumption. For instance, SIG, a Swiss-based firm, introduced its recycle-ready bag-in-box packaging for water in July 2024. The company, renowned for its inventive products in the food and beverage sector, specializes in aseptic packaging solutions. These recycle-ready bag-in-box packages for water are a sustainable solution, made from recyclable materials, crafted for efficient distribution, and designed to guard water against contamination, while also being user-friendly and environmentally conscious.
Who Are the Key Players in the Bag-in-box Containers Market?
Major companies operating in the bag-in-box containers market include:
• Amcor Ltd.
• Smurfit Kappa Group
• D S Smith
• Liqui Box Corporation
• Scholle IPN
• aspla Plásticos Españoles S.A.
• Optopack Ltd.
• Accurate Box Company Inc
• Aran Group
• CDF Corporation
• Hedwin Division Zacros America
• Hangzhou Hansin New Packing Material Co. Ltd.
• Polsinelli Enologia Srl
• Yantai Fushan Nanhua Packing Factory
• Arlington Packaging
• Zacros America Inc.
• Gemini Packaging
• Jigsaw Bag in Box
• Ruijin XinChen Technology Co. Ltd.
• ChangZhou FengDi Plastic Technology Co. Ltd.
• Parish Manufacturing Inc.
• DRINKinBOX
• Qingdao Zhongbang Packaging Co. Ltd.
What Is The Most Dominant Region In The Bag-in-box Containers Market?
North America was the largest region in the bag-in-box containers market in 2024. The regions covered in the bag-in-box containers market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
