The global bag-in-box container market size is expected to grow from $3.59 billion in 2021 to $3.81 billion in 2022 at a compound annual growth rate (CAGR) of 6.4%. The bag-in-box containers market is expected to grow to $4.92 billion in 2026 at a CAGR of 6.6%.
What is the Global Bag-in-box Containers Market?
The bag-in-box containers market consists of sales of bag-in-box containers by entities (organizations, sole traders and partnerships) that manufacture bag-in-box containers. 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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What drives the Global Bag-in-box Containers Market?
The increasing demand for bag-in-box containers is expected to fuel the growth of the bag-in-box containers market in the coming years. A bag-in-box is a kind of container for the distribution and preservation of liquids and is a viable option for packaging of juice, liquid eggs, dairy, wine, and even non-food products such as motor oil and chemicals. According to findings by packaging pioneer Smurfit Kappa in conjunction with Wine Intelligence in 2021, Bag-in-Box wine has drawn 3.7 million new buyers in France and the United Kingdom over the last six months. In 2021, the Bag-in-Box wine consumer sector has risen to around 12 million buyers in France and 4 million buyers in the UK. Therefore, the increasing demand for bag-in-box containers is expected to drive the growth of the bag-in-box containers market during the forecast period.
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https://www.thebusinessresearchcompany.com/report/bag-in-box-containers-global-market-reportGlobal Bag-in-box Containers Market Segments
The global bag-in-box containers market is segmented:
By Material Type: Low Density Polyethylene, Ethylene Vinyl Acetate, Ethylene Vinyl Alcohol, Others (Nylon, Poly-butylene Terephthalate)
By Capacity: Less than 5 liters, 5-10 liters, 10-15 liters, 15-20 liters, More than 20 liters
By Application: Food and Beverages, Industrial Liquids, Household Products, Others
By Geography: The regions covered in the bag-in-box containers market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
Bag-in-box Containers Global Market Report 2022 provides market size and growth forecasts for the global bag-in-box containers market, global bag-in-box containers market share, bag-in-box containers market segments and geographies, bag-in-box containers market competitive landscape including leading competitors’ revenues, profiles and market shares. The bag-in-box containers market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
Global Bag-in-box Containers Industry Players include Smurfit Kappa Group, D S Smith, Liqui Box Corporation, CDF Corporation, Optopack Ltd, Scholle IPN, Amcor Ltd., Arlington Packaging, Parish Manufacturing Inc, TPS Rental Systems Ltd, Gráficas Digraf, Aran Group, Zacros America Inc, Zevathener, DRINKinBOX, Polsinelli Enologia Srl, OliveOilsLand and Jigsaw Bag in Box. Based on industry trends and company analysis, the report explains a number of strategies for companies in the market.