Bag-in-Box Container Market By Material (Plastic, Paper and paperboard), By Application (Liquid, Semi liquid, Dry), By End User Industry (Food and Beverage, Industrial, Personal Care, Others): Global Opportunity Analysis and Industry Forecast, 2021-2031
The global bag-in-box container market size was valued at $3,910.6 million in 2021, and is projected to reach $ 7,011.7 million by 2031, registering a CAGR of 5.8% from 2022 to 2031. Bag-in-box container is a packaging medium, which incorporates a plastic bag and a paper box. The plastic bag stores the product and seals it off from the external environment; thereby, preventing any contamination of the product. This bag is kept in a box made of paper & paperboard, which provides structural strength to the plastic bag. Combined, it is known as bag-in-box container.
Food & beverage industry has witnessed rise in demand, owing to surge in disposable income and growth in online food retail. Growth in food and beverage industry, which is one of the end-users of bag-in-box container, is anticipated to drive the demand in bag-in-box container market. Furthermore, personal care and hygiene & cleaning products have also witnessed a rise in demand, owing to increased global population and increased urbanization. This is expected to fuel the demand for bag-in-box containers, as these industries are among the major users of bag-in-box container packaging. Pharmaceutical industry being a major user of bag-in-box container is anticipated to significantly increase the demand in the bag-in-box container market. Moreover, rise in number of manufacturing facilities, which constantly demand for chemicals and other industrial fluids, is expected to drive the demand for large sized bag-in-box containers. Along with this, automotive industry is also a major user of bag-in-box containers, which fuels the market growth.
The bag-in-box container market is segmented on the basis of material, application, end user industry, and region. By material, the market is bifurcated into plastic and paper & paperboard. On the basis of application, it is categorized into semi-liquid, liquid, and dry. By end user industry, the market is categorized into food & beverage, industrial, personal care, and others. Region wise, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
The major players that operate in the global market have adopted key strategies such as acquisition and product launch to strengthen their market outreach and sustain the stiff competition in the market.
Competition Analysis
Key companies profiled in the bag-in-box container market report include ABCO Automation, Inc., Accurate Box, Amcor plc, Aran Group, Arlington Packaging (Rental) Limited, BiBP Sp. z O.O, CDF Corporation, Changzhou Kaiguan Packaging & Technology Co., Ltd., DS Smith Plc, Liquibox, Optopack, Scholle IPN, Smurfit Kappa Group plc, TPS Rental System Ltd, Vine Valley Ventures LLC, Yantai Fushan Nanhua Packing Factory, and Zacros America, Inc.
Key Benefits For Stakeholders
This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the bag-in-box container market analysis from 2021 to 2031 to identify the prevailing bag-in-box container market opportunities.
The market research is offered along with information related to key drivers, restraints, and opportunities.
Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
In-depth analysis of the bag-in-box container market segmentation assists to determine the prevailing market opportunities.
Major countries in each region are mapped according to their revenue contribution to the global market.
Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
The report includes the analysis of the regional as well as global bag-in-box container market trends, key players, market segments, application areas, and market growth strategies.
Key Market Segments
By End User Industry
Food and Beverage
Size
Upto 2.5 Liter
Above 2.5 Liter
Industrial
Personal Care
Others
By Material
Plastic
Paper and paperboard
By Application
Liquid
Semi liquid
Dry
By Region
North America
U.S.
Canada
Mexico
Europe
Germany
France
Italy
UK
Spain
Netherlands
Rest of Europe
Asia-Pacific
China
Japan
India
South Korea
Australia
Indonesia
Viet Nam
Rest of Asia-Pacific
LAMEA
Brazil
Argentina
Saudi Arabia
UAE
South Africa
Kenya
Key Market Players
Amcor Ltd.
Aran Group
Arlington Packaging (Rental) Limited
BiBP Sp. z O.O
CDF Corporation
CENTRAL PACKAGE & DISPLAY
DS Smith
Liquibox
Montibox
Optopack Ltd
Scholle IPN
SLF INDUSTRY AND TRADE CO., LTD.
Smurfit Kappa
TPS Rental System Ltd
Vine Valley Ventures LLC
Zarcos America
Accurate Box Company, Inc
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