Bag-in-Box Container Market Size, Share & Trends Analysis, By Product Type (Retail Bag-in-Box, Institutional Bag-in-Box, and Others), Material (Plastic, Paper, and Metal), Type (Aseptic, Non-Aseptic, and Others), Application (Food & Beverage, Industrial Chemicals, and Others), By Region, Forecast Period 2023 – 2030 (Updated Version Available)

Report ID - MRC_1214 | Pages - 200 | Category - Petrochemicals

Key Market Overview:

Bag-in-Box Container Market size was worth USD 3.76 Billion in 2022, accounting for a CAGR growth of 6.6% during the forecast period (2023-2030), and the market is estimated to be valued at USD 6.68 Billion by 2030.

A bag-in-box container is a type of flexible packaging solution used for the storage and transportation of liquids and semi-liquids. The container consists of an inner flexible bag or pouch made of durable plastic film materials, such as polyethylene, that is placed inside a rigid outer box or carton made of cardboard or other materials. Bag-in-box containers are lightweight and easy to transport and store. They are also a more sustainable packaging option compared to traditional rigid containers as they require less material and generate less waste. Additionally, bag-in-box containers are available in different sizes and capacities, making them suitable for various applications. They are commonly used in the food & beverage industry for packaging products such as wine, juice, water, and other beverages.

Many companies in the bag-in-box container market are investing in research and development to introduce innovative packaging solutions to meet the increasing demand for sustainable, eco-friendly, and convenient products. For instance, in 2021, DS Smith Plastics launched it’s a new Bag-in-Box packaging solution for wine and spirits. The new packaging is made with 100% recycled PET materials and features a unique airless dispensing system that preserves the quality and freshness of the product.

Geographically, Asia Pacific is expected to be the fastest-growing region in the bag-in-box container market due to the increasing demand for packaged food and beverages, as well as growing awareness of eco-friendly packaging solutions.

Market Dynamics:

Driver:

  • Bag-in-box containers are widely used in the food and beverage industry for the packaging of liquids such as wine, juice, water, and other beverages. The growth of the food & beverage industry is driving the demand for bag-in-box containers.
  • Bag-in-box containers are a more sustainable packaging option compared to traditional rigid containers as they use less material and generate less waste. As consumers and governments are inclined towards more sustainable practices, the demand for bag-in-box containers is driving the growth of the market.

Restraint:

  • Bag-in-box containers are mainly used for packaging liquids and semi-liquids, due to their specific design and structure which limits their application in industries that require different types of packaging. For instance, bag-in-box containers are not ideal for packaging products such as powders, grains, or fragile items, which require more rigid and protective packaging to prevent breakage or damage during handling and transportation. Thus, the market growth is restricted due to its limited application.

Opportunities:

The investment in research and development to create bag-in-box containers with unique features and benefits will present ample opportunities for manufacturers to innovate and develop new bag-in-box containers. This will further help manufacturers to differentiate themselves from their competitors and attract customers who value innovative and high-quality packaging solutions. For instance, the development of bag-in-box containers with improved barrier properties or better dispensing systems. This will potentially offer longer shelf life for products and better dispensing performance, which is expected to provide higher customer satisfaction and increased sales.

Bag-in-Box Container Report Coverage

Report Attributes Report Details
Study Timeline 2017-2030
Market Size in 2030 (USD Billion) 6.68 Billion
CAGR (2023-2030) 6.6%
By Product Type Retail Bag-in-Box, Institutional Bag-in-Box, Industrial Bag-in-Box, and Others
By Material Plastic, Paper, and Metal
By Type Aseptic, Non-Aseptic, and Others.
By Application Food & Beverage, Industrial Chemicals, Household Products, Personal Care and Cosmetics, and Industrial Liquid Products.
By Geography North America, Europe, Asia Pacific, Latin America, and Middle East & Africa
Key Players Smurfit Kappa Group, Liqui-Box Corporation, Scholle IPN Corporation DS Smith Plastics Ltd., Amcor plc, CDF Corporation, Optopack Ltd, Black Forest Container Systems, LLC, AUER Packaging GmbH, and Arlington Packaging (Rental) Limited

Market Segmentation:

By Product Type

The product type segment is categorized into retail bag-in-box, institutional bag-in-box, industrial bag-in-box, and others. In 2022, the retail bag-in-box containers segment accounted for the highest market share as they are primarily used for consumer-packaged goods, such as wine, juice, and other beverages.

The institutional segment includes bag-in-box containers used in non-consumer applications, such as food service, healthcare, and hospitality industries. The institutional segment is growing due to the increasing demand for convenient and cost-effective bulk packaging solutions that are easily dispensed and stored. Hence, the institutional bag-in-box is expected to be the fastest-growing segment in the bag-in-box container market.

By Material

The material segment is divided into plastic, paper, and metal. The plastic segment accounted for the highest share of the bag-in-box container market in 2022. This is due to their widespread use in the food & beverage industry due to factors such as their lightweight, flexibility, and cost-effectiveness, as well as their ability to preserve product freshness and extend shelf life.

Furthermore, paper bag-in-box containers are gaining popularity due to their eco-friendly and recyclability nature, making them a more sustainable option compared to plastic. Additionally, advancements in paper-based materials and printing technologies lead to improvements in barrier properties, making paper bag-in-box containers suitable for a wider range of products. Hence, paper is expected to be the fastest-growing segment over the forecast period.

By Type

The type segment is divided into aseptic, non-aseptic, and others. The non-aseptic segment accounted for the highest market share in 2022. This is driven by the widespread use of non-aseptic bag-in-box containers in the food & beverage industry for packaging products such as juices, dairy products, sauces, and oils. Furthermore, non-aseptic packaging is a cost-effective solution for products that do not require extended shelf life or high-level sterilization. Hence, this factor is contributing to the dominance of the segment.

Aseptic bag-in-box containers are gaining popularity due to their ability to provide extended shelf life and maintain the freshness of products without requiring refrigeration. Aseptic packaging involves sterilizing the container and the product separately before filling, which results in a longer shelf life and helps to preserve the taste and quality of the product. Hence, aseptic is expected to be the fastest-growing segment in the bag-in-box container market during the forecast period.

By Application

The application segment is categorized into food & beverage, industrial chemicals, household products, personal care and cosmetics, and industrial liquid products. Food & Beverage dominated the market with the highest market in 2022. This is driven by the use of bag-in-box containers in this industry for packaging products such as juices, wines, dairy products, sauces, and edible oils. The convenience, cost-effectiveness, and sustainability of bag-in-box containers make them a popular choice among manufacturers in the food and beverage industry. All these above-mentioned factors are contributing to the dominance of the segment.

Moreover, household products are expected to be the fastest-growing segment in the bag-in-box container market during the forecast period. This is due to the increasing use of bag-in-box containers for packaging household products such as detergents, cleaning agents, and fabric softeners due to their durability, ease of use, and ability to dispense the product effectively.

By Region

By region, the market is categorized into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. In 2022, Europe accounted for the highest market share due to the presence of several key manufacturers of bag-in-box containers in the region such as Smurfit Kappa Group, DS Smith Plc, and Liqui-Box Corporation. Further, the region has a well-established food & beverage industry that demands high-quality and efficient packaging solutions which further contributes to the dominance of the segment.

However, Asia Pacific is expected to be the fastest-growing region in the bag-in-box container market due to the increasing demand for packaged food and beverages in the region, particularly in China and India. Additionally, there is a growing awareness of eco-friendly packaging solutions, which lead to the adoption of bag-in-box containers as a sustainable alternative to traditional packaging materials.

Bag-in-Box Container Market Competitive Landscape:

The bag-in-box container market is highly competitive, with several large players and numerous small and medium-sized enterprises. These companies have strong research and development capabilities and a strong presence in the market through their extensive product portfolios and distribution networks. The market is characterized by intense competition, with companies focusing on expanding their product offerings and increasing their market share through mergers, acquisitions, and partnerships. The key players in the market include-

Recent Developments:

  • In November 2021, Liqui-Box Corporation announced an update to its VINIflow Bag-in-Box dispensing tap which uses 26% less plastic to meet sustainability goals. The VINIflow dispensing tap is used for Bag-in-Box packaging solutions in the beverage industry, including wine, juice, and water.
  • In June 2021, Smurfit Kappa’s Bag-in-Box division invested USD 12.0 million in a new flexible material production facility at its Ibi plant in Spain. The investment aims to increase the company’s production capacity and efficiency, as well as reduce its environmental impact.
  • In February 2020, Liqui-Box Corporation announced the acquisition of DS Smith Plastics’ flexible packaging and dispensing solutions business, which includes Bag-in-Box packaging products. The combined companies will have 35 manufacturing facilities and nearly 3,000 employees.

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Bag-in-Box Container Market Size, Share & Trends Analysis, By Product Type (Retail Bag-in-Box, Institutional Bag-in-Box, and Others), Material (Plastic, Paper, and Metal), Type (Aseptic, Non-Aseptic, and Others), Application (Food & Beverage, Industrial Chemicals, and Others), By Region, Forecast Period 2023 – 2030 (Updated Version Available)
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