The global bag-in-box barrier market is projected to reach US$ 333.48 million in 2023 and is anticipated to surge to US$ 548.40 million by 2033. Over the decade from 2023 to 2033, the market is expected to demonstrate a robust Compound Annual Growth Rate (CAGR) of 5.1%, marking a notable acceleration compared to the 4.3% CAGR observed from 2018 to 2022. The market’s upward trajectory is primarily fueled by a growing demand across various industry sectors, including household cleaners, beverages, as well as milk and dairy products.
In response to increasing consumer demands, manufacturers are embracing innovative approaches to enhance their product offerings. For instance, Elite Packaging, a reputable company headquartered in the United Kingdom, has introduced an ingenious gusseted bag design with sealed corners. This unique design not only enhances product stability and efficiency but also reduces the space footprint of the bag-in-box container, making it more compact and versatile for a wide range of applications.
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Market Growth Factors
The burgeoning need for bag-in-box barrier films catering to household products is poised to fortify its market presence in the upcoming forecast period. A surge in the usage of household cleaning essentials, including surface deodorizers and cleaners, is anticipated to propel the demand for bag-in-box barrier films. This heightened demand is notably attributed to the escalating urban population in developing nations, where there is an increased preference for hygiene-centric products within households.
Furthermore, the trajectory of bag-in-box barrier films is witnessing an upward trend within the beverages industry. As beverage production continues to climb steadily, manufacturers are embracing cutting-edge packaging solutions, particularly the adoption of bag-in-box containers. This shift towards advanced packaging is especially pronounced in the beverages sector, where the market for bag-in-box containers for alcoholic beverages is anticipated to witness substantial growth. The burgeoning consumption of alcoholic beverages, particularly in developed economies, is set to be a key driver propelling the market forward in the foreseeable future.
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Startup Ecosystem
NWB Bevel (Finland), Cirqle (Denmark), Green Gen Technologies (France), Eco Six Pack Ring (Mexico), HaTa Bevtech (India), and DRINKinBox, among others.
Players in the market are taking various initiatives that are likely to strengthen the position of startups.
For instance, DRINKinBox’s bag-in-box features a new delivery system that empties all liquid from the bag and positions the valve at the top of the box so that dispensing liquid into a glass or other container is easy. It is said to be the first bag-in-box for carbonated beverages; DRINKinBOX Co2 uses a special box with a new bag for the liquid. Beer, sparkling wine, soft drinks, and other carbonated beverages are filled directly after production into the bag-in-box container.
Factors Hampering the Global Bag in Box Films Market
The anticipated growth of bag-in-box barrier films faces challenges from the increasing availability and expansion of substitute products, particularly plastic and glass bottles. The affordability of plastic bottles is expected to play a significant role in constraining the market’s expansion, with the growing demand for plastic bottles in the soft drink industry posing a notable obstacle to growth.
The bag-in-box barrier films market confronts a substantial threat of substitution from alternative packaging products and materials, with pouches emerging as one of the most prominent alternatives. Pouches, widely utilized for beverage packaging, are favored for their user-friendly design and portability. Their versatility is evident in the diverse range of available formats, spanning from small 50 ml sizes to larger or multi-serving options. This adaptability has contributed to the popularity of pouches, especially for on-the-go usage.
Key Players
- Mondi Group Plc.
- Berry Global Inc.
- Scholle IPN
- DS Smith Plc
- Amcor Limited
- Liqui-Box
Market Segmentation
By Application:
- Wines
- Fruit juice concentrates
- Oil
- Liquid Egg
- Milk
- Others
By Material Type:
- EVOH Bag
- PE Bag
- PP Bag
- PC Bag
- PU Bag
- TPU Bag
- EVA Bag
By Region:
- North America
- Latin America
- Europe
- East Asia
- South Asia
- Oceania
- Middle East & Africa (MEA)
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