Bag-in-box Market Size, Share, Growth Analysis, By Application(Food & Beverages, Household Products, Industrial Liquids, Others), By Type(Low Density Polyethylene (LDPE), Ethylene Vinyl Alcohol, Ethylene Vinyl Acetate, Others), By Region - Industry Forecast 2024-2031

Bag-in-box Market size was valued at USD 3.77 billion in 2019 and is poised to grow from USD 4.02 billion in 2023 to USD 7.21 billion by 2031, growing at a CAGR of 6.7% in the forecast period (2024-2031).

The existence of several international players defines the global market. To increase their market share, businesses use a variety of techniques, including partnerships, agreements, regional growth, mergers, acquisitions, and new product creation. In our bag-in-box market reports, some of the leading luxury bag-in-box manufacturers are as follows: Amcor Ltd. (Australia), Smurfit Kappa (UK), DS Smith (UK), Liquibox (US), Scholle IPN (Australia), CDF Corporation (US), Arlington Packaging (Rental) Limited (UK), CENTRAL PACKAGE & DISPLAY (US), Accurate Box Company, Inc (US), TPS Rental System Ltd (UK), Optopack Ltd (France), Zarcos America (US), Aran Group (US), BiBP Sp. z O.O (Poland), SLF INDUSTRY AND TRADE CO., LTD. (New Zealand) 'Smurfit Kappa Group', 'Liqui-Box Corporation', 'DS Smith', 'Scholle IPN', 'Amcor Ltd', 'Optopack Ltd.', 'Vine Valley Ventures LLC', 'Parish Manufacturing Inc.', 'CDF Corporation', 'TPS Rental Systems Ltd.', 'Arlington Packaging (Riverside Paper Co. Inc.)', 'Optopack Ltd.', 'Hoover Ferguson Group', 'LGR Packaging', 'Parish Manufacturing Inc.', 'Schott AG', 'Zacros America Inc.', 'Glenroy Inc.', 'Fencor Packaging Group Limited', 'TPS Rental Systems Ltd.'

The need for bag-in-box packaging is rising as the alcohol sector looks for quick and affordable packaging options. 

Bag-in-box containers produce eight times less carbon dioxide during manufacture than conventional types of packaging. The market for bags in boxes has expanded as a result of rising awareness about carbon emissions, which is encouraging the use of eco-friendly and green products. To boost production efficiency, winemakers are looking into new technology

Over the course of the forecast period, the expansion of the bag-in-box container business is expected to benefit from the expanding food and beverage market in Asia Pacific. Demand is anticipated to increase over the forecast period as a result of expanding industrialisation in nations like India and China and rising use of packaged food and beverage items in the region. Due to the advent of eco-friendly household cleaning solutions, household products have become another significant market category. The market is anticipated to be driven by technical developments, such as automatic dishwashing products.