The term Bag-in-Box Containers Market refers to a packaging strategy that entails the placement of a flexible bag inside of a corrugated box, usually composed of plastic or a composite material. Liquids like wine, juice, and water, as well as non-food items like chemicals and lubricants, are commonly packaged in BIB containers. They provide a number of benefits over conventional packaging techniques, including affordability, use, and a prolonged shelf life for the wrapped goods.
The global BIB containers market is expected to grow at a significant CAGR during the forecast period (2021-2026). Factors driving the market growth include increasing demand for packaged food and beverages, cost-effectiveness, and the sustainability benefits of BIB containers, as well as the increasing demand for bag in box packaging in the food service and hospitality industries.
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Key Segments of Bag-in-Box Containers Industry Research
- By Material :
- Low-Density Polyethylene
- Ethylene Vinyl Acetate
- Ethylene Vinyl Alcohol
- Others
- By Application :
- Food & Beverages
- Household Products
- Industrial Liquid Products
- By Region :
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
Key Takeaways from Market Study
- Sales of ethylene vinyl acetate products are expected to increase at a CAGR of 4.7% from 2022 to 2032
- Market in Germany is estimated to develop at a CAGR of 4% through 2032.
- Market in Japan is anticipated to evolve at a CAGR of 4.5% over the forecast period (2022-2032).
- The global bag-in-box containers market is set to reach US$ 5.7 billion by 2032.
Key Companies Profiled
- DS Smith PLC
- CDF Corporation
- Central Package and Display
- DowDuPont, Inc.
- Amcor Ltd.
- Aran Packaging
- Arlington Packaging (Rental) Ltd.
- Hedwin Division of Zacros America, Inc.
- Liqui-Box Corporation
- Optopack Ltd.
- Accurate Box Company, Inc.
Winning Strategy
Key companies use technological alliances to produce cutting-edge goods with higher performance traits and boost sales. To address the demand-supply imbalance that the consumers have exhibited, top market players also provide items that are specifically tailored to the needs of the customer.
To meet the growing prospective consumer demands, several market competitors are offering novel innovations. The market growth of bag-in-box containers is anticipated to increase as manufacturers place a greater emphasis on certifications and inspection to guarantee the highest possible product quality.
For instance,
- A UK-based company called Elite Packaging created a gusseted bag with all four corners taped. This design makes the bag-in-box container more compact for use and provides greater consistency and competency. It also reduces the amount of space needed for the container.
More Valuable Insights on Offer
Fact.MR, in its new offering, presents an unbiased analysis of the global bag-in-box containers market, presenting historical demand data (2017-2021) and forecast statistics for the period of 2022-2032.
The study divulges essential insights on the market on the basis of material (low-density polyethylene, ethylene vinyl acetate, ethylene vinyl alcohol, others) and application (food & beverages, household products, industrial liquid products), across five major regions (North America, Europe, Asia Pacific, Latin America, and MEA).
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