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Bag-in-Box Container Market

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Title: Bag-in-Box Container Market


1
  • Coherent Market Insights
  • Market Research and Business Consulting Services
  • https//www.coherentmarketinsights.com/
  • COVID-19 Impact Tracker

2
BAG-IN-BOX CONTAINER MARKET ANALYSIS
  • Bag-in-Box Container Market, by Material Type
    (Low-Density Polyethylene, Ethylene Vinyl
    Acetate, Ethylene Vinyl Alcohol, Others), By
    End-use (Food Beverages Products (Alcoholic
    Beverages, Non-alcoholic Beverages, Liquid Food),
    Household Products, Industrial Liquid Products),
    By Order type (Customized Order, Standard Order),
    and by Region (North America, South America,
    Europe, Asia Pacific, and Middle East Africa) -
    Size, Share, Outlook, and Opportunity Analysis,
    2019 - 2027

3
  • Bag-in-box is a type of container that is widely
    used for the transportation of liquid products.
    It has a bladder or a plastic bag that is made up
    of low-density polyethylene (LDPE) which is
    seated inside the fiberboards. Low-density
    polyethylene, ethylene vinyl acetate and ethylene
    vinyl alcohol are some of the major material
    types used to produce Bag-in-box. This container
    finds applications across liquid foods, food
    beverage, household products, and alcoholic
    non-alcoholic beverages. Bag-in-box is highly
    reliable as it reduces the packaging waste,
    chemical resistance, and barrier to oxygen and
    moisture.
  • The global bag-in-box container market is
    projected to surpass US 4.0 billion by the end
    of 2027, in terms of revenue, growing at CAGR of
    4.6 during the forecast period (2019 to 2027).
  • Drivers
  • Growing demand for low-foam detergent as they are
    packaged in a bag-in-box container is augmenting
    the market growth over the forecast timeframe.
    Moreover, increasing consumption of household
    cleaners such as surface deodorizers and surface
    cleaners are also expected to foster the market
    growth of the bag-in-box container. Growing
    demand for hygiene and personal care products
    around the globe is further anticipated to
    accelerate the market growth of the bag-in-box
    container over the forecast period.

4
  • Market Restraints
  • The high cost of bag-in-box packaging solutions
    compared to conventional packaging options is
    anticipated to restrict the adoption of
    bag-in-box, in turn, expected to hinder the
    market growth over the forecast period. This
    factor is expected to inhibit the adoption of
    bag-in-box across various industrial applications
    and this factor is expected to restrict the
    market growth.
  • The growing usage of plastic bottles in the
    packaging of soft drinks due to
    cost-effectiveness is projected to restrain the
    market growth of bag-in-box over the forecast
    period. Moreover, fluctuation in the supply of
    raw materials that are used to produce bag-in-box
    containers is further expected to propel the
    market growth over the forecast period.

5
Figure 1. Global Bag-in-Box Container Market,
Revenue Share (), By Region, 2018
6
  • Market Opportunities
  • The increasing advent of drink-in-box containers
    is expected to foster the market growth of
    bag-in-box containers in the near future.
    Drink-in-box containers are based on the
    bag-in-box principle. Drink-in-box is more
    cost-effective than conventional bag-in-box
    containers. Hence, the increasing launch of
    drink-in-box containers around the globe is
    projected to augment the market growth of
    bag-in-box containers.
  • Rapid penetration of global supermarket chains
    and quick-service restaurants (QSR) across
    Southeast Asia are projected to foster the market
    growth of bag-in-box containers over the forecast
    period. Moreover, high per capita food
    expenditure is further anticipated to propel the
    demand for hygienic food and lightweight
    packaging solutions. Hence, the advent of
    supermarkets and QSR is anticipated to augment
    the market growth of bag-in-box containers. 

7
Figure 2. Global Bag-in-Box Container Market
Opportunity Analysis
8
  • Market Trends/Key Takeaways
  • The rising focus of manufacturers to adopt a
    smart strategy such as partnership and
    collaboration is expected to augment the market
    growth of bag-in-box containers over the forecast
    period. For instance, in December 2019, Dobra
    Berba has partnership Rapak, for developing the
    environmentally friendly packaging solution that
    extends the shelf life of mulled wine which is
    three-liter and ten-liter flexible wine bags to
    be used in the bag-in-box packaging and mulled
    wine heaters.
  • Increasing focus of manufacturer on inspection
    and certifications in order to ensure optimal
    quality of the product is expected to accelerate
    the market growth of bag-in-box containers. For
    instance, in February 2016, CDF Corporation
    passed UN-certification and inspection tests for
    20-liter bag-in-box containers, especially for
    the transportation of hazardous fluids under
    UN-class 2 and UN-class 3 packaging. The company
    passed the stacking test and vibration tests.

9
Figure 3. Global Bag-in-Box Container Market,
Revenue Share (), By Material Type, in 2018
10
  • On the basis of material type, in 2018, low
    density polyethylene accounted the largest market
    share of 49 in terms of revenue, followed by
    ethylene vinyl alcohol and others, respectively.
  • Competitive Section
  • Key players active in the global bag-in-box
    container market are Smurfit Kappa Group, DS
    Smith, Amcor Limited, Liqui-Box, Scholle IPN, CDF
    Corporation, Vine Valley Ventures LLC, Parish
    Manufacturing Inc., TPS Rental Systems Ltd, and
    Optopack Ltd
  • Few Recent Developments
  • DS Smith
  • In October 2015, DS Smith launched packaging
    dispensers for bag-in-box containers, especially
    for wine packaging, under brand name Mustang.
    Mustang packaging dispensers offer the lowest
    oxygen transfer rate (OTR).

11
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  • Reference https//https//www.coherentmarketinsig
    hts.com/market-insight/bag-in-box-container-market
    -3512

12
About Us
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13
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14
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