Bag-in-Box Container Market Size, Share & Trends Analysis Report By Application (Food & Beverage, Industrial Liquids, Household Products), By Region, And Segment Forecasts, 2023 - 2030

Report Overview

The global bag-in-box container market size was estimated at USD 4.0 billion in 2022 and is expected to grow at a compounded annual growth rate (CAGR) of 6.8% from 2023 to 2030. The growth of the industry can be attributed to the increasing demand from various industries such as food & beverages and household products and increasing preference for packaged natural food products among consumers is expected to drive the market growth over the forecast period.

The demand for bag-in-box containers in the food & beverage sector is expected to grow in the U.S. market owing to the increasing demand for beverages. The country is one of the largest exporters of alcoholic beverages. For instance, in 2022 the country accounted for over USD 1 billion in revenue from wine exports. Consumer concern for health coupled with increasing demand for packaged natural products and liquid diet products is increasing the market growth for bag-in-box container products in the country.

The increasing consumption of bag-in-box container products by various wine brands, especially in three-liter sizes is likely to propel the growth of BIB containers over the forecast period. The U.S. economy is one of the largest wine producers. In addition, the manufacturers are exhibiting increasing demand for the product on account of the advantages offered by the container in wine packaging including easier dispensing, storage, extended freshness, and reduced cost per unit volume. In addition, the large surface area offered by the bag-in-box container offers more space coupled with colorful text and graphics than the conventional bottle labels and is expected to propel the market growth over the forecast period.

Furthermore, the Development of innovative and unique packaging technologies in different segments including soft drinks, food, and household segments is expected to fuel the market growth. The focus of manufacturers for creating sustainable packaging by using bio-degradable materials to make them environmentally friendly is anticipated to benefit them over the forecast period.

Application Insights

Based on application, the bag-in-box market is segmented into food & beverages, household products, and industrial liquid. Food & beverages accounted for the highest market share of over 65% in 2022 owing to an improved lifestyle, higher disposable income, and growing awareness about healthier products among consumers. Moreover, the increasing base of the young population, and rising per capita income, coupled with the rising prevalence of alcohol consumption and innovations in packaging design are expected to increase the market growth over the forecast period.

The household products segment is expected to grow at a fast CAGR of 7.6% over the forecast period 2023-2030. Rising demand for household products such as fabric softeners and surface cleaners is expected to drive the demand for this product in the household products segment. The product is made available at low prices and provides ease of handling, which is expected to drive the market growth of bag-in-box containers. The use of bag-in-box containers in various applications, including fabric care, floor cleaners, kitchen cleaners, and bathroom cleaners, are likely to drive market growth over the forecast period.

The demand for bag-in-box containers in the industrial liquid segment on account of ease of product handling and usage is expected to drive market growth over the forecast period. The special performance characteristics of plastics such as chemical resistance, rigidity, and strength for packaging products such as oils and lubricants are expected to drive the market growth of the bag-in-box container over the forecast period.

In addition, the increasing initiatives toward the development of the oil & gas sector in developing countries such as 100% FDI in the upstream and private sectors by the Indian Government are also expected to drive market growth. Furthermore, the surge in investments in Mexican oil & gas production, exploration, and drilling activities is expected to create demand for drilling fluids over the forecast period. These trends are further expected to drive the growth of BIB containers as they are widely used for packaging drilling fluids due to high chemical stability, puncture resistance, and efficient evacuation.

Regional Insights

Europe recorded the largest market share of over 44% in 2022 owing to the growth of the product in the food & beverage industry. Changing consumption preferences of consumers, growing urbanization coupled with the growing popularity of such packaging solutions is expected to increase market growth over the forecast period. The demand for the food industry is anticipated to increase in countries such as Germany, the U.K., and Russia. The changing consumer eating patterns and shift toward healthy and organic foods have led to increasing demand for natural substitutes in food products. These factors are expected to increase the demand for bag-in-box container packaging in the food & beverages industry during the forecast period.

Asia Pacific is anticipated to expand at the fastest CAGR of 7.7% during the forecast period 2023-2030 owing to the increased per capita income, coupled with industrialization. The rapid growth of bag-in-box containers in end-use industries household, food & beverage, and industrial liquids industries is expected to drive the market over the forecasted period. It is one of the key regions of development for the manufacturing sector owing to factors including burgeoning economies, greater spending power, more youthful populations, increased urbanization, growth of the FMCG markets, and a rising interest in health and wellness is expected to increase the market growth for bag-in-box container industry over the forecasts period.

China is one of the major consumer markets for food and beverage products across the globe owing to the increasing population and high disposable incomes. The shift in Chinese consumer behavior, growing local competition, fragmented distribution, rising dual income, growing concerns for healthy food, and a growing taste for foreign foodstuff have contributed to the growth of the food & beverage sector.

Central & South America has been witnessing significant growth in the food & beverages market over the past few years owing to high investments in the manufacturing sector of the country, which is likely to have a positive impact on the bag-in-box container market over the forecast period. In addition, growing urbanization and increasing spending capacities the consumers in countries including Brazil and Argentina are expected to increase the market share over the forecast period.

The Middle East & Africa region countries such as South Africa are one of the largest importers of food & beverage products. Growth in population coupled with rising consumer disposable income in the region has resulted in high demand for quality and organic food. However, the manufacturing sector in the region is growing at a slower pace compared to other regions owing to unfavorable geography and lack of raw material availability. As a result, the demand for bag-in-box containers in the region is expected to grow at a slower rate compared to other regions over the projected period.

Key Companies & Market Share Insights

Companies such as Smurfit Kappa Group, D S Smith, DuPont, and Amcor Ltd. are involved in the production of bag-in-box containers on a large scale through high-capacity production lines and many production facilities spread across the regions. The companies operate a large product portfolio comprising products across multiple application segments. The companies procure raw materials from major raw material suppliers in North America including The Dow Chemical Company and Arkema Group.

Companies resort to multiple mergers and acquisitions in a bid to gain market share in a particular region. In some cases, the companies build technological collaborations to produce an advanced product with superior performance characteristics to increase revenue. For instance, in February 2023, Sealed Air announced that it has completed the acquisition of Liquibox. With this acquisition, Sealed Air is expected to expand its product portfolio and serve its customers with more sustainable and innovative packaging solutions. Some prominent players in the global bag-in-box container market include:

• Amcor Ltd.

• Smurfit Kappa

• DS Smith

• Liquibox

• Scholle IPN

• CDF Corporation

• Arlington Packaging (Rental) Limited

• CENTRAL PACKAGE & DISPLAY

• Accurate Box Company, Inc

• TPS Rental System Ltd

• Optopack Ltd

• Zarcos America

• Aran Group

• BiBP SP. z O.O

• Hangzhou Hansin New Packing Material Co., Ltd.

Recent Development

• In June 2023, Aran Group announced the introduction of the new Premium Flex bag in the sustainable product line. The Premium Flex bag is exclusively designed for long-distance transport of liquid products.

• In April 2023, SIG announced the commencement of its second production plant for bag-in-box and spouted pouches in Palghar, India. The plant includes a range of specialized machines including bag-in-box manufacturing machines, injection molding cells, blown film extruders, and a mold-making facility for packaging fixtures & closures for bag-in-box containers & spouted pouches.

• In February 2023, SEE announced the completion of the acquisition of Liquibox for USD1.15 billion. This deal was aimed at fast-tracking SEE’s mission to become a world-leading, digitally-driven company leveraging the power of sustainable packaging solutions, including bag-in-box containers.

• In January 2023, Arlington introduced the Arlington Onetrip275 in the U.S. market. The Onetrip275 is a cost-effective and safe corrugated bag-in-box tote solution that can transport over 275 gallons of liquid over long distances.

• In November 2022, Smurfit Kappa announced that it had signed an agreement to acquire Pusa Pack S.L. As per this transaction, Pusa Pack’s flexible bags were planned to be integrated into Smurfit’s Bag-in-Box operations in Spain.

• In October 2022, Liquibox unveiled the launch of new bag-in-box filling machines – A-series (automatic) and S-series (semi-automatic). These machines can fill a diverse range of liquid products, such as beverages, liquid food, and non-food products.

• In June 2022, DS Smith, in collaboration with Spadel launched Eco Pack, a new 5-litre bag-in-box packaging solution. The Eco Pack is purposed to be both practical and sustainable, with a momentous reduction in plastic usage, of over 65%, compared to conventional packaging.

• In February 2022, Scholle IPN announced that the company was planned to be acquired by SIG. The objective of this strategy was to expand SIG’s sustainable food & beverage carton solution portfolio to include Scholle IPN’s bag-in-box & spouted pouches for retail, industrial, and institutional customers.

Bag-in-Box Container Market Report Scope

Global Bag-in-Box Container Market Report Segmentation

This report forecasts revenue growth at regional & country levels and provides an analysis of the industry trends in each of the sub-segments from 2018 to 2030. For this study, Grand View Research has segmented the global bag-in-box container market based on application and region:

• Application Outlook (Revenue, USD Million; 2018 - 2030)

  • Food & Beverage

  • Alcoholic Beverages

    • Wine

    • Beer

    • Others

  • Non-Alcoholic Beverages

    • Soft Drinks

    • Juices & Flavored Drinks

    • Water

  • Others

    • Tomato Products

    • Milk & Dairy Products

    • Liquid Eggs

    • Edible Oil

    • Others

  • Industrial Liquids

    • Oils

    • Industrial Fluids

    • Petroleum Products

  • Household Products

    • Household Cleaners

    • Liquid Detergents

    • Liquid Soaps & Hand wash

    • Others

• Regional Outlook (Revenue, USD Million; 2018 - 2030)

  • North America

    • U.S.

    • Canada

    • Mexico

  • Europe

    • U.K.

    • Germany

    • France

  • Asia Pacific

    • China

    • Japan

    • India

  • Central & South America (CSA)

    • Brazil

  • Middle East & Africa (MEA)