Bag-in-Box Container Market Report

Bag-in-Box Container Market Analysis By Material (Low Density Polyethylene, Ethylene Vinyl Acetate, Ethylene Vinyl Alcohol), By Type (Rigid, Flexible), By Application, By Region, And Segment Forecasts, 2014 - 2025

Published: October 2017  |  105 Pages  |  Format: PDF  |  Report ID: GVR-1-68038-655-4

Industry Insights

The global bag-in-box container market size was estimated at USD 2.80 billion in 2016. Increasing consumption of the product by various industries including food & beverage and industrial liquids is expected to drive the growth. Rising consumption of alcoholic beverages by consumers across the globe is likely to drive the growth.

The demand for bag-in-box container is likely to increase due to the rise in industrial liquid segment. the growth in the automotive industry due to the changing lifestyle of people, rising per capita income is anticipated to drive growth for bag-in-box container for eight years. In addition, increasing technological advancements coupled with new vehicle launches is likely to propel growth over next eight years.

U.S. bag-in-box container market revenue, by material, 2014 - 2025 (USD million)

U.S. bag-in-box container market

The bag-in-box container industry is likely to have a positive growth in the U S owing to consumption trends, demographic changes coupled with increased alcoholic beverage consumption. Due to presence of largest manufacturer base this region is anticipated to have highest market share. The rise in consumption of packaged alcoholic beverages coupled with convenience life style of the people is likely to propel growth.

The availability of raw materials, design, and features largely influence product prices. The rising demand for innovative product designs by various manufacturers is likely to spur the growth of bag-in-box container industry over the next eight years. The United Kingdom based company Elite Packaging has developed gusseted bag which is sealed in every corner of bag, thus offering improved stability, efficiency and occupies less space as compared to conventional boxes.

The rising use of eco-friendly, bio degradable materials in manufacturing the product is likely to propel the industry growth over next years. In addition to that rise in the demand by consumers for environmental friendly material coupled with the reduced cost compared to other substitute materials is anticipated to drive the growth over next eight years.

Material Insights

Ethylene vinyl alcohol is expected to be the widely used raw material for making bag-in-box container. The segment accounted for 26.7% of the global demand in 2016. The abundant availability of the raw material coupled with low production cost is likely to boost growth over the next eight years.

Technological developments such as the introduction of biobased ethylene vinyl acetate are likely to propel the material demand. Rising popularity of ethylene vinyl alcohol as a raw material owing to superior properties including melt fluidity, transparency, and elasticity is likely to drive the industry growth over the next eight years.

LDPE-based products are expected to witness high demand owing to superior product transparency and high strength offered by them. In addition, the product is widely used for the packaging of wine as it does not interfere with the composition of the beverage. Furthermore, low cost of LDPE-based containers is expected to drive the growth.

Ethylene vinyl acetate segment is likely to witness growth in the coming years due to superior low-temperature sealability and puncture resistance. In addition, the rise in industrialization coupled with the adoption of the product for packaging food products is likely to increase the growth over the forecast period. However, the availability of substitute materials at a lower cost is likely to hamper growth over next eight years.

Application Insights

The growing use of bag-in-box containers in the food & beverage segment is likely to drive growth. The rising use of the product in the beverage segment for packaging products including alcoholic beverages, juices, and milk is likely to propel the growth over next eight years. In addition, growing consumption of packaged food is likely to propel growth.

Rise in awareness about healthier products, high disposable income coupled with improved & convenience life style of the people is likely to increase growth over next eight years. Offering unique products, invention of ready to eat meals, easy handling food products is likely to increase the product growth.

Global bag-in-box container market revenue, by application, 2016 (%)

Global bag-in-box container market

Increasing base of young population, rise in per capita income coupled with acceptance of alcoholic consumption is likely to propel demand over the projected period. Increase in the consumption of soft drinks coupled with innovation in packaging designs by manufacturers is likely to rise the growth in the market over next eight years.

Asia Pacific is anticipated to have significant growth for the market owing to evolving life style of people, rise in manufacturing base coupled with increased availability of packaged food in urban areas in regions including India, China. In addition to that rise in investment by companies in innovative packaged products to gain competitive advantage is expected to have a positive impact on demand over the forecast period.

Regional Insights

North America holds the highest share of the bag-in-box container market owing to the presence of notable number of manufacturing bases coupled with high adoption of the product. The U.S. holds the highest market share in the region owing to consumer purchasing trends, which in turn is likely to propel the market growth.

The demand for bag in box container in the U.S. is expected to grow due to the presence of well-established food & beverage sector, coupled with rise of container packaging market in the region. In addition, presence of numerous manufactures including Smurfit Kappa Group, DS Smith, and Amcor Ltd is expected to open new avenues for the industry growth over the projected period. Development of innovative and new bag-in-box types for various segments including soft drinks, food and household segments is expected to propel the market growth in this region.

North America has been a key market for bag-in-box container packaging owing to presence of major manufacturing hubs and multi-tiered supply chain in the region. U.S holds the highest share amongst the region due to consumer trends, demographics there by propelling the growth in the region.

The increasing demand for the flexible packaging in this region is anticipated to increase the demand for bag-in-box container packaging industry over the forecast period. Increasing investments by food brand owners towards the adoption of such packaging is expected to drive the growth. In addition, the advantages offered by the product including protection of beverage products from oxidation and safe storing of the liquid is likely to propel growth.

Competitive Insights

Bag-in-box container industry is highly competitive in nature owing to the presence of major global and domestic players. The global players in the industry include Amcor Ltd., Smurfit Kappa Group, DS Smith, Liqui-Box, Scholle IPN, CDF Corporation, Parish Manufacturing, TPS Rental Systems Ltd. Sophisticated product performance, reduced cost, superior quality, and the use of advanced technologies are expected to be major characteristics exhibited by the industry players.

Key players in the industry compete on the basis of product prices and features offered in order to attract more consumers. - In addition, the companies are actively investing in the market for the development of superior-performance products, which in turn is expected to lead to an increase in the overall revenue.

Report Scope

Attribute

Details

Base year for estimation

2016

Actual estimates/Historical data

2014 - 2015

Forecast period

2017 - 2025

Market representation

Revenue in USD Million and CAGR from 2017 to 2025

Regional scope

North America, Europe, Asia Pacific, Central & South America, and Middle East & Africa

Country scope

U.S., Canada, Mexico, Germany, UK, France, China, India, Japan, and Brazil

Report coverage

Revenue forecast, competitive landscape, growth factors and trends

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Segments covered in the report

This report forecasts revenue growth at global, regional & country levels and provides an analysis on the industry trends in each of the sub-segments from 2014 to 2025. For the purpose of this study, Grand View Research has segmented the global bag-in-box container market on the basis of material, application, and region:

  • Material Outlook (Revenue, USD Million; 2014 - 2025)

    • Low Density Polyethylene

    • Ethylene Vinyl Acetate

    • Ethylene Vinyl Alcohol

    • Others

  • Application Outlook (Revenue, USD Million; 2014 - 2025)

    • Food & Beverage

      • Alcoholic Beverages

      • Non-alcoholic Beverages

      • Other Food

    • Industrial Liquids

    • Household Products

  • Regional Outlook (Revenue, USD Million; 2014 - 2025)

    • North America

      • U.S.

      • Canada

      • Mexico

    • Europe

      • UK

      • Germany

      • France

    • Asia Pacific

      • China

      • India

      • Japan

    • Central & South America

      • Brazil

    • Middle East & Africa

Key questions answered by the report
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