The global bag-in-box barrier market is expected to secure US$ 333.48 million in 2023, surging to US$ 548.40 million by 2033. From 2023 to 2033, the market is likely to display a CAGR of 5.1%, against 4.3% from 2018 to 2022. The growth of the market can be attributed to the increasing demand in industry segments such as household cleaners, beverages, and milk and dairy products.
Manufacturers are adopting innovative new ideas to meet the rising consumer needs. For instance, Elite Packaging, a United Kingdom-based company, has developed a gusseted bag that is sealed in every corner. This design provides the product with more stability and efficiency. Further, it reduces the space required for the bag-in-box container, making it more compact for application.
Attributes | Details |
---|---|
Market CAGR (2023 to 2033) | 5.1% |
Market Valuation (2023) | US$ 333.48 million |
Market Valuation (2033) | US$ 548.40 million |
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Development of the Food and Beverage Sector to Benefit the Market
The rising demand for bag-in-box barrier films for household products is expected to strengthen the market over the forecast period. The rising consumption of household cleaners like surface deodorizers and surface cleaners is anticipated to boost the demand for bag-in-box barrier films during the forecast period. The rising urban population in developing countries has increased the demand for hygiene-promoting products such as household cleaners.
Further, bag-in-box barrier films have been experiencing a soaring demand from the beverages industry. The rising beverage production is expected to increase steadily with the manufacturers adopting advanced packaging solutions such as bag-in-box containers as alternative packaging. The market for the bag-in-box container of alcoholic beverages is projected to rise due to the rising alcoholic beverage consumption. Growth in the consumption of alcoholic beverages in developed economies is expected to drive growth in the market in the forthcoming time.
Increasing collaborations and partnerships among players are projected to strengthen the market in the coming time. For instance, in March 2019, Liquid-Box Corp inked an acquisition agreement with DS Smith Plc. The deal is expected to boost the company’s distribution and manufacturing capabilities.
The demand for bag-in-box barrier films is expected to be hindered by the expansion of the substitute products such as plastic and glass bottles. The availability of plastic bottles at lower prices is anticipated to limit growth. The soft drink industry's growing demand for plastic bottles is expected to hamper the market's growth over the forecast period.
Bag-in-box barrier films witness a high threat of substitution from other packaging products and packaging materials. The most popular among them are pouches. Pouches are among the most widely used products for the packaging of beverages. They are preferred for their convenience of use and portability. In addition, pouches are available in various formats, from as small as 50 ml to larger or multi-serving formats and sizes. Such factors have made pouches popular for on-the-go usage. From a marketing standpoint, pouches encourage sampling in the form of trial or on-the-go sizes.
However, increasing demand for innovative packaging designs for food and beverage products to catch consumer attention is anticipated to counter hampering factors and act as a lucrative opportunity in the forecast period.
Increasing Demand for the Product from the Food and Beverage Sector to Impact the Market Positively
According to the analysis, the market in Europe is projected to be the largest one. 2023 the region is expected to secure 19% of the global market revenue.
The market's growth can be attributed to the increasing demand for products in the food and beverage industry. Changing consumption patterns of consumers and increasing urbanization, along with the rising popularity of such packaging, are expected to increase market growth over the forecast period.
Increasing investments in Research and Development by the packaging manufacturers to smoothen the integration of novel features such as size, shape, and attributes are projected to boost the demand for the bag-in-box barrier in this region over the forecast period.
Expansion of the Alcoholic Beverage Sector to Augment the Market
The analysis shows North America is anticipated to be the second-larger market during the forecast period. In 2023, the region is likely to garner 16% of the global revenue.
The expansion of the regional market can be attributed to the rapidly growing alcoholic beverage sector. The United States is anticipated to dominate the regional market during the forecast period. The United States is experiencing a high wine demand, with over 10,000 wineries nationwide.
California held the highest share, more than 85%, followed by Washington, Oregon, New York, Texas, and Virginia. As per the National Epidemiologic Survey on Alcohol and Related Conditions, around 24 million American adults consume an average of more than 74 drinks per week.
Players in the market are taking various initiatives to strengthen their position, which is expected to benefit the industry directly or indirectly. For instance, in 2021, Anheuser-Busch InBev announced the acquisition Of USA-based company Craft Brew Alliance. The initiative aims to strengthen its distribution network nationwide, which is expected to boost the demand for the product in the forecast period.
Expansion of the Food and Beverage Sector in the Asia Pacific to Benefit the Market
Asia Pacific is projected to be the fastest-growing market during the forecast period. It can be attributed to the increasing disposable income and expanding the food and beverage sector.
The presence of various developing countries like India, China, and Japan is anticipated to play an important role in strengthening the market in the Asia Pacific. Also, the region is home to various startups, which is estimated to augment the market in the forecast period. For instance, Packman, an Indian startup, is an internationally renowned packaging company with various commercial packaging solutions. Such factors are expected to benefit the market in Asia Pacific.
Working Class and Young Generation to be the Largest Consumer of Wines
As per a study by the European Association of Wine Economists and the Chaire Vins et Spiritueux de INSEEC U., in May 2020, the frequency of the consumption of wine has surged significantly during the lockdown resulting from the coronavirus outbreak.
The young and working-class people include wine in their diet, house parties, and occasional drinks. These consumer trends are expected to fuel the segment's growth over the forecast period.
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NWB Bevel (Finland), Cirqle (Denmark), Green Gen Technologies (France), Eco Six Pack Ring (Mexico), HaTa Bevtech (India), and DRINKinBox, among others.
Players in the market are taking various initiatives that are likely to strengthen the position of startups.
For instance, DRINKinBox’s bag-in-box features a new delivery system that empties all liquid from the bag and positions the valve at the top of the box so that dispensing liquid into a glass or other container is easy. It is said to be the first bag-in-box for carbonated beverages; DRINKinBOX Co2 uses a special box with a new bag for the liquid. Beer, sparkling wine, soft drinks, and other carbonated beverages are filled directly after production into the bag-in-box container.
The global market has various players focusing on technology development regarding design and packaging solutions. Increasing demand for innovative packaging designs for food and beverage products to catch consumer attention is projected to positively impact industry growth over the forecast period.
Key players in the global bag-in-box barrier films market include Mondi Group Plc., Berry Global, Inc., Scholle IPN, DS Smith Plc, Amcor Limited, and Liqui-Box.
Recent Key Developments in the Market Include:
Attributes | Details |
---|---|
Forecast Period | 2023 to 2033 |
Historical Data Available for | 2018 to 2022 |
Market Analysis | US$ billion for Value |
Key Countries Covered | United States, United Kingdom, Japan, India, China, Australia, Germany |
Key Segments Covered | Material Type, Application, Region |
Key Companies Profiled | Mondi Group Plc.; Berry Global Inc.; Scholle IPN; DS Smith Plc; Amcor Limited; Liqui-Box |
Report Coverage | Market Forecast, Company Share Analysis, Competition Intelligence, DROT Analysis, Market Dynamics and Challenges, and Strategic Growth Initiatives |
Customization & Pricing | Available upon Request |
The market is estimated to be valued at US$ 333.48 million in 2023.
Manufacturers are adopting innovative ideas to meet the high consumer needs.
The market is forecast to register a CAGR of 5.1% through 2033.
The market is estimated to reach US$ 548.40 million by 2032.
The market held a CAGR of 4.3% between 2018 and 2022.
1. Executive Summary
1.1. Global Market Outlook
1.2. Demand-side Trends
1.3. Supply-side Trends
1.4. Technology Roadmap Analysis
1.5. Analysis and Recommendations
2. Market Overview
2.1. Market Coverage / Taxonomy
2.2. Market Definition / Scope / Limitations
3. Market Background
3.1. Market Dynamics
3.1.1. Drivers
3.1.2. Restraints
3.1.3. Opportunity
3.1.4. Trends
3.2. Scenario Forecast
3.2.1. Demand in Optimistic Scenario
3.2.2. Demand in Likely Scenario
3.2.3. Demand in Conservative Scenario
3.3. Opportunity Map Analysis
3.4. Product Life Cycle Analysis
3.5. Supply Chain Analysis
3.5.1. Supply Side Participants and their Roles
3.5.1.1. Producers
3.5.1.2. Mid-Level Participants (Traders/ Agents/ Brokers)
3.5.1.3. Wholesalers and Distributors
3.5.2. Value Added and Value Created at Node in the Supply Chain
3.5.3. List of Raw Material Suppliers
3.5.4. List of Existing and Potential Buyer’s
3.6. Investment Feasibility Matrix
3.7. Value Chain Analysis
3.7.1. Profit Margin Analysis
3.7.2. Wholesalers and Distributors
3.7.3. Retailers
3.8. PESTLE and Porter’s Analysis
3.9. Regulatory Landscape
3.9.1. By Key Regions
3.9.2. By Key Countries
3.10. Regional Parent Market Outlook
3.11. Production and Consumption Statistics
3.12. Import and Export Statistics
4. Global Market Analysis 2018 to 2022 and Forecast, 2023 to 2033
4.1. Historical Market Size Value (US$ Million) & Volume (Units) Analysis, 2018 to 2022
4.2. Current and Future Market Size Value (US$ Million) & Volume (Units) Projections, 2023 to 2033
4.2.1. Y-o-Y Growth Trend Analysis
4.2.2. Absolute $ Opportunity Analysis
5. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Application
5.1. Introduction / Key Findings
5.2. Historical Market Size Value (US$ Million) & Volume (Units) Analysis By Application, 2018 to 2022
5.3. Current and Future Market Size Value (US$ Million) & Volume (Units) Analysis and Forecast By Application, 2023 to 2033
5.3.1. Wines
5.3.2. Fruit juice concentrates
5.3.3. Oil
5.3.4. Liquid Egg
5.3.5. Milk
5.3.6. Others
5.4. Y-o-Y Growth Trend Analysis By Application, 2018 to 2022
5.5. Absolute $ Opportunity Analysis By Application, 2023 to 2033
6. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Material Type
6.1. Introduction / Key Findings
6.2. Historical Market Size Value (US$ Million) & Volume (Units) Analysis By Material Type, 2018 to 2022
6.3. Current and Future Market Size Value (US$ Million) & Volume (Units) Analysis and Forecast By Material Type, 2023 to 2033
6.3.1. EVOH Bag
6.3.2. PE Bag
6.3.3. PP Bag
6.3.4. PC Bag
6.3.5. PU Bag
6.3.6. TPU Bag
6.3.7. EVA Bag
6.4. Y-o-Y Growth Trend Analysis By Material Type, 2018 to 2022
6.5. Absolute $ Opportunity Analysis By Material Type, 2023 to 2033
7. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Region
7.1. Introduction
7.2. Historical Market Size Value (US$ Million) & Volume (Units) Analysis By Region, 2018 to 2022
7.3. Current Market Size Value (US$ Million) & Volume (Units) Analysis and Forecast By Region, 2023 to 2033
7.3.1. North America
7.3.2. Latin America
7.3.3. Western Europe
7.3.4. Eastern Europe
7.3.5. South Asia and Pacific
7.3.6. East Asia
7.3.7. Middle East and Africa
7.4. Market Attractiveness Analysis By Region
8. North America Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
8.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2018 to 2022
8.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2023 to 2033
8.2.1. By Country
8.2.1.1. USA.
8.2.1.2. Canada
8.2.2. By Application
8.2.3. By Material Type
8.3. Market Attractiveness Analysis
8.3.1. By Country
8.3.2. By Application
8.3.3. By Material Type
8.4. Key Takeaways
9. Latin America Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
9.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2018 to 2022
9.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2023 to 2033
9.2.1. By Country
9.2.1.1. Brazil
9.2.1.2. Mexico
9.2.1.3. Rest of Latin America
9.2.2. By Application
9.2.3. By Material Type
9.3. Market Attractiveness Analysis
9.3.1. By Country
9.3.2. By Application
9.3.3. By Material Type
9.4. Key Takeaways
10. Western Europe Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
10.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2018 to 2022
10.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2023 to 2033
10.2.1. By Country
10.2.1.1. Germany
10.2.1.2. United Kingdom.
10.2.1.3. France
10.2.1.4. Spain
10.2.1.5. Italy
10.2.1.6. Rest of Western Europe
10.2.2. By Application
10.2.3. By Material Type
10.3. Market Attractiveness Analysis
10.3.1. By Country
10.3.2. By Application
10.3.3. By Material Type
10.4. Key Takeaways
11. Eastern Europe Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
11.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2018 to 2022
11.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2023 to 2033
11.2.1. By Country
11.2.1.1. Poland
11.2.1.2. Russia
11.2.1.3. Czech Republic
11.2.1.4. Romania
11.2.1.5. Rest of Eastern Europe
11.2.2. By Application
11.2.3. By Material Type
11.3. Market Attractiveness Analysis
11.3.1. By Country
11.3.2. By Application
11.3.3. By Material Type
11.4. Key Takeaways
12. South Asia and Pacific Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
12.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2018 to 2022
12.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2023 to 2033
12.2.1. By Country
12.2.1.1. India
12.2.1.2. Bangladesh
12.2.1.3. Australia
12.2.1.4. New Zealand
12.2.1.5. Rest of South Asia and Pacific
12.2.2. By Application
12.2.3. By Material Type
12.3. Market Attractiveness Analysis
12.3.1. By Country
12.3.2. By Application
12.3.3. By Material Type
12.4. Key Takeaways
13. East Asia Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
13.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2018 to 2022
13.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2023 to 2033
13.2.1. By Country
13.2.1.1. China
13.2.1.2. Japan
13.2.1.3. South Korea
13.2.2. By Application
13.2.3. By Material Type
13.3. Market Attractiveness Analysis
13.3.1. By Country
13.3.2. By Application
13.3.3. By Material Type
13.4. Key Takeaways
14. Middle East and Africa Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
14.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2018 to 2022
14.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2023 to 2033
14.2.1. By Country
14.2.1.1. GCC Countries
14.2.1.2. South Africa
14.2.1.3. Israel
14.2.1.4. Rest of MEA
14.2.2. By Application
14.2.3. By Material Type
14.3. Market Attractiveness Analysis
14.3.1. By Country
14.3.2. By Application
14.3.3. By Material Type
14.4. Key Takeaways
15. Key Countries Market Analysis
15.1. USA.
15.1.1. Pricing Analysis
15.1.2. Market Share Analysis, 2022
15.1.2.1. By Application
15.1.2.2. By Material Type
15.2. Canada
15.2.1. Pricing Analysis
15.2.2. Market Share Analysis, 2022
15.2.2.1. By Application
15.2.2.2. By Material Type
15.3. Brazil
15.3.1. Pricing Analysis
15.3.2. Market Share Analysis, 2022
15.3.2.1. By Application
15.3.2.2. By Material Type
15.4. Mexico
15.4.1. Pricing Analysis
15.4.2. Market Share Analysis, 2022
15.4.2.1. By Application
15.4.2.2. By Material Type
15.5. Germany
15.5.1. Pricing Analysis
15.5.2. Market Share Analysis, 2022
15.5.2.1. By Application
15.5.2.2. By Material Type
15.6. United Kingdom.
15.6.1. Pricing Analysis
15.6.2. Market Share Analysis, 2022
15.6.2.1. By Application
15.6.2.2. By Material Type
15.7. France
15.7.1. Pricing Analysis
15.7.2. Market Share Analysis, 2022
15.7.2.1. By Application
15.7.2.2. By Material Type
15.8. Spain
15.8.1. Pricing Analysis
15.8.2. Market Share Analysis, 2022
15.8.2.1. By Application
15.8.2.2. By Material Type
15.9. Italy
15.9.1. Pricing Analysis
15.9.2. Market Share Analysis, 2022
15.9.2.1. By Application
15.9.2.2. By Material Type
15.10. Poland
15.10.1. Pricing Analysis
15.10.2. Market Share Analysis, 2022
15.10.2.1. By Application
15.10.2.2. By Material Type
15.11. Russia
15.11.1. Pricing Analysis
15.11.2. Market Share Analysis, 2022
15.11.2.1. By Application
15.11.2.2. By Material Type
15.12. Czech Republic
15.12.1. Pricing Analysis
15.12.2. Market Share Analysis, 2022
15.12.2.1. By Application
15.12.2.2. By Material Type
15.13. Romania
15.13.1. Pricing Analysis
15.13.2. Market Share Analysis, 2022
15.13.2.1. By Application
15.13.2.2. By Material Type
15.14. India
15.14.1. Pricing Analysis
15.14.2. Market Share Analysis, 2022
15.14.2.1. By Application
15.14.2.2. By Material Type
15.15. Bangladesh
15.15.1. Pricing Analysis
15.15.2. Market Share Analysis, 2022
15.15.2.1. By Application
15.15.2.2. By Material Type
15.16. Australia
15.16.1. Pricing Analysis
15.16.2. Market Share Analysis, 2022
15.16.2.1. By Application
15.16.2.2. By Material Type
15.17. New Zealand
15.17.1. Pricing Analysis
15.17.2. Market Share Analysis, 2022
15.17.2.1. By Application
15.17.2.2. By Material Type
15.18. China
15.18.1. Pricing Analysis
15.18.2. Market Share Analysis, 2022
15.18.2.1. By Application
15.18.2.2. By Material Type
15.19. Japan
15.19.1. Pricing Analysis
15.19.2. Market Share Analysis, 2022
15.19.2.1. By Application
15.19.2.2. By Material Type
15.20. South Korea
15.20.1. Pricing Analysis
15.20.2. Market Share Analysis, 2022
15.20.2.1. By Application
15.20.2.2. By Material Type
15.21. GCC Countries
15.21.1. Pricing Analysis
15.21.2. Market Share Analysis, 2022
15.21.2.1. By Application
15.21.2.2. By Material Type
15.22. South Africa
15.22.1. Pricing Analysis
15.22.2. Market Share Analysis, 2022
15.22.2.1. By Application
15.22.2.2. By Material Type
15.23. Israel
15.23.1. Pricing Analysis
15.23.2. Market Share Analysis, 2022
15.23.2.1. By Application
15.23.2.2. By Material Type
16. Market Structure Analysis
16.1. Competition Dashboard
16.2. Competition Benchmarking
16.3. Market Share Analysis of Top Players
16.3.1. By Regional
16.3.2. By Application
16.3.3. By Material Type
17. Competition Analysis
17.1. Competition Deep Dive
17.1.1. Mondi Group Plc.
17.1.1.1. Overview
17.1.1.2. Product Portfolio
17.1.1.3. Profitability by Market Segments
17.1.1.4. Sales Footprint
17.1.1.5. Strategy Overview
17.1.1.5.1. Marketing Strategy
17.1.1.5.2. Product Strategy
17.1.1.5.3. Channel Strategy
17.1.2. Berry Global Inc.
17.1.2.1. Overview
17.1.2.2. Product Portfolio
17.1.2.3. Profitability by Market Segments
17.1.2.4. Sales Footprint
17.1.2.5. Strategy Overview
17.1.2.5.1. Marketing Strategy
17.1.2.5.2. Product Strategy
17.1.2.5.3. Channel Strategy
17.1.3. Scholle IPN
17.1.3.1. Overview
17.1.3.2. Product Portfolio
17.1.3.3. Profitability by Market Segments
17.1.3.4. Sales Footprint
17.1.3.5. Strategy Overview
17.1.3.5.1. Marketing Strategy
17.1.3.5.2. Product Strategy
17.1.3.5.3. Channel Strategy
17.1.4. DS Smith Plc
17.1.4.1. Overview
17.1.4.2. Product Portfolio
17.1.4.3. Profitability by Market Segments
17.1.4.4. Sales Footprint
17.1.4.5. Strategy Overview
17.1.4.5.1. Marketing Strategy
17.1.4.5.2. Product Strategy
17.1.4.5.3. Channel Strategy
17.1.5. Amcor Limited
17.1.5.1. Overview
17.1.5.2. Product Portfolio
17.1.5.3. Profitability by Market Segments
17.1.5.4. Sales Footprint
17.1.5.5. Strategy Overview
17.1.5.5.1. Marketing Strategy
17.1.5.5.2. Product Strategy
17.1.5.5.3. Channel Strategy
17.1.6. Liqui-Box
17.1.6.1. Overview
17.1.6.2. Product Portfolio
17.1.6.3. Profitability by Market Segments
17.1.6.4. Sales Footprint
17.1.6.5. Strategy Overview
17.1.6.5.1. Marketing Strategy
17.1.6.5.2. Product Strategy
17.1.6.5.3. Channel Strategy
17.1.7. General Mills, Inc.
17.1.7.1. Overview
17.1.7.2. Product Portfolio
17.1.7.3. Profitability by Market Segments
17.1.7.4. Sales Footprint
17.1.7.5. Strategy Overview
17.1.7.5.1. Marketing Strategy
17.1.7.5.2. Product Strategy
17.1.7.5.3. Channel Strategy
17.1.8. Mama Ka'z
17.1.8.1. Overview
17.1.8.2. Product Portfolio
17.1.8.3. Profitability by Market Segments
17.1.8.4. Sales Footprint
17.1.8.5. Strategy Overview
17.1.8.5.1. Marketing Strategy
17.1.8.5.2. Product Strategy
17.1.8.5.3. Channel Strategy
17.1.9. King Arthur Baking Company, Inc.
17.1.9.1. Overview
17.1.9.2. Product Portfolio
17.1.9.3. Profitability by Market Segments
17.1.9.4. Sales Footprint
17.1.9.5. Strategy Overview
17.1.9.5.1. Marketing Strategy
17.1.9.5.2. Product Strategy
17.1.9.5.3. Channel Strategy
17.1.10. The Essential Baking Company
17.1.10.1. Overview
17.1.10.2. Product Portfolio
17.1.10.3. Profitability by Market Segments
17.1.10.4. Sales Footprint
17.1.10.5. Strategy Overview
17.1.10.5.1. Marketing Strategy
17.1.10.5.2. Product Strategy
17.1.10.5.3. Channel Strategy
17.1.11. Simple Mills
17.1.11.1. Overview
17.1.11.2. Product Portfolio
17.1.11.3. Profitability by Market Segments
17.1.11.4. Sales Footprint
17.1.11.5. Strategy Overview
17.1.11.5.1. Marketing Strategy
17.1.11.5.2. Product Strategy
17.1.11.5.3. Channel Strategy
18. Assumptions & Acronyms Used
19. Research Methodology
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