Bag-in-Box Market

Bag-in-Box Market Overview for 2024 to 2034

The bag-in-box market size is estimated to be USD 3.8 billion in 2024. The market is expected to cross a valuation of USD 6.6 billion by 2034. The sales of bag-in-box containers are likely to grow 5.6% from 2024 to 2034 due to the rise in convenience packaging solutions.

Attributes	Details
Global Bag-in-Box Market Value for 2024	USD 3.8 billion
Projected Market Value for 2034	USD 6.6 billion
Value-based CAGR of Market for 2024 to 2034	5.6%

Bag-in-Box Market Insights

• Increased demand from various industries such as food and beverage, chemicals, cosmetics, and personal care for handy packaging and easy dispensing is expanding the market rapidly in emerging and developed regions.
• An increase in affordability and the introduction of new packaging solutions &technologies are expected to create immense opportunities for the market. Moreover, top companies continuously evolve their portfolios with innovative designs and sustainable packaging materials.
• The quality standard for food packaging in several countries to mitigate contamination and extend the freshness of products is to boost the sales of bag-in-box containers. Increased demand for high-quality and bio-degradable packaging is further driving the market. Manufacturers are also focusing on intelligent packaging to stay competitive in the market.

Historical Analysis of the Bag-in-Box Market

The bag-in-box market registered a valuation of USD 3.6 billion in 2023. The rising consumer's commitment toward sustainable packaging, reducing carbon footprint, lifestyle changes, and materials that can be easily recycled contributed to significant growth in the market.

Historical market valuation, 2023	USD 3.6 billion

Trends in the Bag-in-Box Market

• Growing health consciousness is boosting demand for sanitary food and packaging solutions. The food and drug administration has set strict limits on packaging materials and innovative food technologies with safety standards.
• The consumption of alcoholic drinks worldwide is rising owing to increased preferences for bag-in-box packaging. Manufacturers focus on the high-oxygen barrier and flexibility bags that can preserve the flavors of beverages for several months. Moreover, increased demand for surface cleansers and perfumes also boosts sales.
• Key companies are increasing their presence in new markets across the globe. Manufacturing businesses are increasingly partnering with retailers to improve brand insights. Moreover, the introduction of new bag-in-box designs, such as pouches and integrated taps, is increasing due to the rising demand for portable packaging solutions worldwide.
• The increasing need for affordability among individuals worldwide is one of the key trends in the market. It is becoming more popular for packaging liquid food products like soups, sauces, and oils, as well as non-food items like personal care products and household chemicals.
• The manufacturers are increasingly focusing on developments that provide precise offerings while recycling waste material. The industrial chemical segment is also predicted to contribute to market expansion.

Challenges for the Bag-in-Box Market

• Increasing stringent government rules for packaging options for liquid and non-liquid products will hamper the market. Different countries all over the world have different rules and regulations for packaging. For instance, the EU has banned all kinds of single-use plastics for food and beverage packaging.

Category-wise Outlook

The section provides insights into consumer preferences for sustainable packaging and the emerging dynamics of innovation in packaging technology, which are set to mold the industry's course.

As per analysis, the beverage segment is likely to record substantial growth and evolution due to innovation in soft-drink packaging that is easy to carry. Moreover, factors such as rising disposable incomes and significant investment in the manufacturing sector are driving demand to hold paramount importance for both industry participants and stakeholders.

The Up to 5 Litres Segment Dominates the Market by Capacity

The up-to-liters segment is expected to grow with a market share of 28.7% over the forecast period. The up-to-liters segment is dominating the market owing to the increasing use of industries such as beverages, quick-serve restaurants, and others.

Attributes	Details
Capacity	Up to 5 litres
Market Share in 2024	28.7%

Manufacturers presented bag-in-box as a successful option in the packaging sector driven by innovation and increased spending capacity in emerging countries such as India and Brazil.

The Beverages Segment Dominates the Market by End User

The beverages segment is expected to hold a market share of 64.5% over the forecast period, owing to industry expansion and a rise in handy packaging for liquid products, including soft drinks and alcohol.

Attributes	Details
End Use	Beverages
Market Share in 2024	64.5%

A significant surge in dual camber bottles, stand-up pouches, and self-heating and cooling for beverages is accelerating the market. For instance, The 42 Degrees Company, a Spain-based food manufacturer, launched self-heating products for tea, coffee, and soup.

Country-wise Analysis

The scope of the market is increasing with time. However, certain regions account for a majority of the share in the market. For instance, the Asia Pacific dominates the market, where India is estimated to record a growth of 7.2%. Similarly, China is likely to register a CAGR of 6.4% in 2024. The rising trends in several European countries aid sales of alcohol, which further accelerates the market. Moreover, an increase in the consumption of alcohol and other on-the-go beverages is driving the market in North America. The increasing focus on sustainable packaging and handy products are the key global market drivers.

Countries	CAGR in 2024
United States	3.7%
India	7.2%
Germany	3.4%
China	6.4%
Japan	4.0%

Rise of On-the-Go Healthy Drinks in the United States Driving the Bag-in-Box Market

• The increasing need for convenience packaging solutions owing to their advantages is expected to create significant opportunities in the market. The bag-in-box packaging manufacturers are focusing on developing innovative products that are easy to transport and save a lot of space.
• The food and Drug Administration (FDA) of the United States has created strict rules to regulate the use of certain materials on packaging. As a result, government agencies have made it compulsory for food and beverage industries to adopt proper packaging.
• Individuals are increasingly choosing BIB (bag-in-box) because of its advantages, such as being capable of easy dispensing, lightweight, and portable instead of traditional packaging solutions. Moreover, increasing government initiatives toward sustainable and eco-friendly packaging solutions worldwide is expected to drive the market in the region.

Aseptic Packaging is Accelerating the Bag-in-Box Market in Germany

• Increasing stringent government rules, such as the European Union's ban on all types of single-use plastics, are expected to drive the demand for bag-in-box packaging in the forecast period.
• Germany is predicted to account for the majority of bag-in-box packaging sales in Europe. The country's environmentally friendly customer base prefers sustainable packaging products over conventional ones.
• The rising usage of bag-in-box packaging for the fruit juices and wine industry is gaining popularity and prominence. Moreover, the increasing focus of manufacturers on innovations and quality improvements presents opportunities for the bag-in-box industry.
• For instance, Sabert Corporation, a paper-based packaging manufacturer, offers a one-hand solution for carrying beverages using its patent technology of pop, fill, and go.

Instant Protein Products is on the Move in Japan

• The growing demand for healthy beverages among the working population and older adults is driving the market in Japan. Moreover, the increasing popularity of craft beer and other alcoholic drinks is projected to drive the market. According to a survey conducted in 2021, around 20% of the population in Japan are heavy drinkers and consume nearly 70% of the alcohol.
• Rising on-the-go consumption is further contributing to the growth of the market. The BIB packaging is suitable for outdoor events such as picnics, casual gatherings, and others and is expected to create opportunities for market players.
• The companies are expanding their presence in the Japanese market and are investing in research and development to develop new designs and shapes that are more convenient.

Urbanization and Sustainable Packaging is Driving the Market in China

• The increasing millennial population in the country contributes to the market's growth. Moreover, increasing the use of sustainable packaging solutions in social events and parties holds promise for development.
• The increase in research and development activities for innovative materials and designs is further enhancing the market in China.

Competitive Landscape in the Bag-in-Box Market

Mergers and acquisitions are the key strategies manufacturers are taking advantage of. Moreover, consumers are now seeking increased awareness about products and packaging materials, which further presents opportunities for industry players.

Manufacturers are developing strong brand identities through efficient marketing initiatives on varied social media platforms to increase client loyalty. To make manufacturing processes effective, players are investing in automation technology and optimizing the supply chain to increase capacity and satisfy rising demand.

Recent Developments in the Bag-in-Box Market

• In 2022, Spadel and DS introduced a 5-liter package in an octagonal shape with room for 5 liters of liquid. It comprises flexible plastic bags and cardboard.
• In 2021, Scholle IPN introduced an SIOC, Amazon ISTA-6 authorized bag-in-box packaging line. These solutions will be used for the production of liquid products.
• In 2023, Smurfit Kappa Group will introduce a new recyclable bag-in-box. It has been made of 53% recycled and renewable resources.
• In 2021, A new tiny film was developed by Smurfit Kappa Bag-in-Box. It minimizes the amount of plastic required in the production of bags. E Compact 60 is a light 60-micron EVOH film.

Bag-in-Box Market Key Players

• Smurfit Kappa
• DS Smith PLC
• Liqui-Box Corp
• Scholle IPN Corp
• CDF Corporation
• Aran Group
• Fujimori Kogyo
• Goglio
• Amcor Limited
• Vine Valley Ventures
• Parish Manufacturing
• TPS Rental Systems
• Optopack
• Accurate Box Company
• CENTRAL PACKAGE & DISPLAY
• Arlington Packaging (Rental)
• BiBP SP. z O.O
• Hangzhou Hansin New Packing Material Co
• Zarcos America

Table of Content

• 1. Executive Summary
• 2. Market Overview
• 3. Market Background
• 4. Global Market Analysis 2019 to 2023 and Forecast, 2024 to 2034
• 5. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Capacity
  • 5.1. Less than 5 litres
  • 5.2. 5 to 10 litres
  • 5.3. 10 to 15 litres
  • 5.4. 15 to 20 litres
  • 5.5. More than 20 litres
• 6. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Material
  • 6.1. Paper and Paperboard
  • 6.2. Plastic
    • 6.2.1. Low Density Polyethylene (LDPE)
    • 6.2.2. Ethylene Vinyl Acetate
    • 6.2.3. Metallized-PET
    • 6.2.4. Ethylene Vinyl Alcohol (EVOH)
    • 6.2.5. Nylon
• 7. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By End Use
  • 7.1. Food
    • 7.1.1. Dairy Products
    • 7.1.2. Sauces, Vinegar & Flavouring
    • 7.1.3. Liquid Egg Products
  • 7.2. Beverages
    • 7.2.1. Alcoholic Beverages
    • 7.2.2. Non Alcoholic Beverages
    • 7.2.3. Water
  • 7.3. Chemicals
  • 7.4. Petroleum
  • 7.5. Homecare
  • 7.6. Cosmetic & Personal Care
• 8. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Region
  • 8.1. North America
  • 8.2. Latin America
  • 8.3. Europe
  • 8.4. East Asia
  • 8.5. South Asia
  • 8.6. Oceania
  • 8.7. MEA
• 9. North America Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country
• 10. Latin America Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country
• 11. Europe Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country
• 12. East Asia Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country
• 13. South Asia Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country
• 14. Oceania Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country
• 15. MEA Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country
• 16. Key Countries Market Analysis
• 17. Market Structure Analysis
• 18. Competition Analysis
  • 18.1. Smurfit Kappa Group
  • 18.2. Liqui-Box Corporation (DS Smith Plc.)
  • 18.3. Amcor plc
  • 18.4. Scholle IPN
  • 18.5. CDF Corporation
  • 18.6. TPS Rental Systems Ltd
  • 18.7. Optopack Ltd.
  • 18.8. Aran Group
  • 18.9. TriMas Company (Rapak)
  • 18.10. Montibox
  • 18.11. STI - Gustav Stabernack GmbH
• 19. Assumptions & Acronyms Used
• 20. Research Methodology