The North America bag-in-box industry is on a robust growth trajectory, with a projected valuation of US$ 288.6 million in 2023, and is expected to witness significant expansion at a compound annual growth rate (CAGR) of 5.1% from 2023 to 2033. By 2033, this market is set to attain a substantial valuation of US$ 473.0 million.
The primary driver behind this growth is the escalating demand from environmentally conscious consumers for eco-friendly and sustainable packaging solutions. Bag-in-box packaging aligns with these sustainability goals as it is highly recyclable and reduces the carbon footprint associated with shipping and storing products. This factor has propelled the adoption of bag-in-box packaging across diverse industries, including food and beverages, pharmaceuticals, and chemicals.
Furthermore, technological advancements in packaging machinery are contributing significantly to the growth of the bag-in-box industry in the USA. Cutting-edge technology enables the production of bag-in-box packaging with precision, high quality, and efficiency, leading to improved production processes and reduced operational costs for manufacturers.
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Manufacturers are also using bag-in-box for beverage packaging which includes tea, coffee, juice, and other liquid products.
Bag-in-box ensures the safety of liquid products inside them. It also helps the brand to advertise its product and build a brand image among consumers. This is often achieved by using sustainable packaging.
Over the forecast period, the sales of bag-in-box in the USA & Canada are estimated to record a significant rise. This is because of the increased market popularity of bag-in-box packaging across North America.
Key Takeaways from the USA & Canada Bag-in-box Market
- The bag-in-box manufacturers across the USA & Canada offering small-sized bag-in-box packaging for commercial usage are witnessing high demand.
- The sales of bag-in-box packaging in the USA & Canada having a capacity of fewer than 2 liters is anticipated to register a significant growth of 6.9% CAGR between 2023 to 2033.
- The rise in consumption levels of all types of beverages in the USA & Canada has had a positive impact on the bag-in-box market.
- The above-mentioned drivers make the beverage industry the largest end-use industry accounting for around 55.4% of the total sales of USA & Canada bag-in-box packaging in 2023.
- The recyclability and flexibility of polyethylene make it a highly used material. It is used in more than 1/3rd of the total bag-in-box sold in the USA & Canada throughout the forecast period.
- The rising consumption of wine & spirits in the USA & Canada will make it the significant application segment of bag-in-box containers.
- This segment is expected to hold a market share of 20.% in the year 2023 across the total USA & Canada bag-in-box market.
- Chemical
- Homecare
- Cosmetics & Personal Care
“The rising awareness amongst consumers for safety in their consumables is driving demand in the bag-in-box market. Freshness is another key concern in this industry. Manufacturers of bag-in-box packaging would find a sizeable opportunity in the forecast period in creating packaging products that keep the ingestible from coming into contact with oxygen.,” says an FMI analyst.
Competitive Landscape: The USA & Canada Bag-in-Box Market Landscape
The manufacturers of bag-in-box present in the USA & Canada are focusing on developing innovative bag-in-box packaging solutions.
For instance,
In January 2021, Liqui-Box Corporation developed an innovative bag-in-box packaging solution called Eco-Flex. This bag is made from a unique blend of materials that includes renewable resources, and it has a reduced amount of plastic content.
In February 2022, Scholle IPN Corporation developed an innovative bag-in-box packaging solution called Bag-in-Bottle. This technology involves placing a high barrier bag inside a rigid bottle. This system reduces the amount of oxygen that comes into contact with the product, which helps to preserve its freshness and taste.
Some of the key players dominating the USA & Canada bag-in-box market are Smurfit Kappa Group Plc, DS Smith Plc, Scholle IPN Corporation, Liqui-Box Corporation, Aran Group, Goglio S.p.A., CDF Corporation, Vine Valley Ventures LLC, TPS Rental Systems Ltd, ABCO Automation, Inc., International Paper, Mondi plc, Vine Valley Ventures LLC and many more.
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USA & Canada Bag-in-Box Market Outlook by Category
By Capacity:
- Less than 2 Liters
- 2 to 3 Liters
- 4 to 20 Liters
- 20 to 25 Liters
- Above 25 Liters
By Material:
- Polyethylene (PE)
- Ethylene Vinyl Acetate
- Metallized-PET
- Ethylene Vinyl Alcohol
- Nylon
- Foil
By Application:
- Dairy Products
- Tomato Pulp/Sauces, Vinegar & Flavouring
- Processed Fruits and Vegetables Puree
- Liquid Egg Products
- Wine & Spirits
- Fruit Juice
- Water
- Cookies
- Cereals
- Oil
- Chemical Solutions
- Liquid Detergent
By End Use:
- Retail
- Food
- Beverage
- Other B2B Industry
By Country:
- The USA
- Canada
About Future Market Insights (FMI)
Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 5000 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
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