IMARC Group, a leading market research company, has recently releases report titled, “Bag-In-Box Container Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028“, The study provides a detailed analysis of the industry, including the global bag-in-box container market share, size, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.
Report Highlights:
How big is the bag-in-box container market?
The global bag-in-box container market size reached US$ 3.9 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 5.6 Billion by 2028, exhibiting a growth rate (CAGR) of 6% during 2023-2028.
What is bag-in-box container?
A bag-in-box (BIB) container is a packaging solution designed to store and dispense liquids, typically food and beverage products conveniently and efficiently. It is a flexible bag made from durable materials encased within a rigid outer box or carton. This innovative packaging format offers several advantages over traditional packaging methods. The inner bag is airtight and designed to preserve the quality and freshness of the contents by preventing exposure to air, light, and contaminants. This makes BIB containers particularly suitable for products like wine, juices, sauces, and liquid foods sensitive to oxidation and spoilage. BIB containers have a dispensing system, often including a spout or tap that can be easily opened or closed. This design minimizes air exposure each time the container is used, extending the shelf life of the contents. The bag collapses as the liquid is dispensed, reducing the air inside and further preventing deterioration. The outer box or carton provides structural support and protection to the bag, making it suitable for storage and transportation. BIB containers are available in various sizes, ranging from a few liters to several gallons, catering to different consumer needs and industrial applications. They help reduce packaging waste compared to traditional rigid containers, as the flexible inner bag takes up less space and is lightweight. At present, BIB containers find extensive applications in the food service, catering, and hospitality sectors and even in home use across the globe, offering convenience, efficiency, and improved product preservation.
Get a PDF Sample for more detailed market insights: https://www.imarcgroup.com/bag-in-box-container-market/requestsample
What are the growth prospects and trends in the bag-in-box container industry?
The global bag-in-box container market is primarily driven by the increasing demand for efficient and sustainable packaging solutions across various industries, including food and beverages (F&B). BIB containers offer extended shelf life and reduced packaging waste, aligning with consumer preferences for environmentally friendly options. Moreover, the rising versatility of BIB containers, catering to both industrial and consumer needs, has accelerated their adoption in sectors like food service, agriculture, and household products. Apart from this, BIB containers minimize air exposure and contamination, maintaining product quality and safety, and aligning with stringent quality standards and regulations, thereby propelling the market growth. Additionally, numerous product innovations by manufacturers, including the incorporation of user-friendly dispensing mechanisms and advanced materials for improved barrier properties, has catalyzed the market growth. Furthermore, the rapid growth of e-commerce and home delivery services is contributing to the market growth, as they offer convenient and lightweight packaging for liquids. Other factors, including the growing trend toward convenient and on-the-go consumption, increasing emphasis on cost-effective and space-efficient packaging solutions, and rising focus on sustainability, are also anticipated to drive the market further.
What is included in market segmentation?
The report has segmented the market into the following categories:
Breakup by Material Type:
- Paper and Paperboard
- Corrugated Cardboard
- Solid Board
- Plastic
- LDPE (Low Density Polyethylene)
- EVA (Ethylene Vinyl Acetate)
- EVOH (Ethylene Vinyl Alcohol)
- Metallized PET
- Nylon
- Others
Breakup by Capacity:
- Less Than 5 Litres
- 5-10 Litres
- 10-15 Litres
- 15-20 Litres
- More Than 20 Litres
Breakup by End Use:
- Food and Beverages
- Industrial Liquids
- Household Products
- Others
Breakup by Region:
- North America
- Asia-Pacific
- Europe
- Latin America
- Middle East and Africa
Who are the key players operating in the industry?
The report covers the major market players including:
- Amcor Ltd.
- Aran Group
- Arlington Packaging (Rental) Limited
- BIBP SP. Z O.O
- CDF Corporation
- Changzhou Kaiguan Packaging & Technology Co., Ltd
- DS Smith plc
- Liquibox
- Montibox SL
- Optopack Ltd
- Scholle IPN
- Smurfit Kappa Group plc
- T P S Rental Systems Ltd
Ask Analyst for 10% Free Customized Report: https://www.imarcgroup.com/request?type=report&id=8839&flag=C
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
About Us:
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
Our offerings include comprehensive market intelligence in the form of research reports, production cost reports, feasibility studies, and consulting services. Our team, which includes experienced researchers and analysts from various industries, is dedicated to providing high-quality data and insights to our clientele, ranging from small and medium businesses to Fortune 1000 corporations.
Contact us:
IMARC Group
Email: sales@imarcgroup.com
USA: +1-631-791-1145 | Asia: +91-120-433-0800
Address: 134 N 4th St. Brooklyn, NY 11249, USA
Website: https://www.imarcgroup.com/
Follow us on Twitter: @imarcglobal
Linkedin: https://www.linkedin.com/company/imarc-group