The global bag-in-box barrier market is projected to reach $333.48 million in 2023 and is anticipated to surge to $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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What is the Role of Startups in Developing the Global Bag in Box Barrier Films Market?
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.
Drivers:
- Environmental Concerns: The increasing awareness of environmental issues and the drive toward sustainability have led to a growing demand for eco-friendly packaging solutions. Bag-in-box packaging is often considered more environmentally friendly due to its reduced plastic waste compared to traditional packaging options.
- Extended Shelf Life: Bag-in-box packaging is known for its ability to prolong the shelf life of various products, especially liquids like wine, juices, and dairy. This attribute drives the adoption of bag-in-box solutions, particularly in the food and beverage industry.
- Cost-Efficiency: Bag-in-box packaging can be cost-effective, especially for bulk products. It reduces transportation costs and lowers packaging expenses, making it an attractive option for manufacturers.
- Customization and Branding: Bag-in-box packaging allows for branding and customization, which can be crucial for product differentiation and marketing. Manufacturers can design packaging that aligns with their brand identity and appeals to consumers.
- Ease of Dispensing: The dispensing mechanism of bag-in-box packaging, which typically includes a tap or spout, makes it user-friendly and convenient for consumers. This ease of use can be a significant driver, particularly in the beverage industry.
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Restraints:
- Perception and Aesthetic Issues: In some cases, bag-in-box packaging may be associated with lower quality or lower-end products due to its historical use in cheaper wine and beverage options. This perception can hinder its adoption for premium or high-end products.
- Barrier Properties: While bag-in-box packaging provides a good barrier to oxygen and light, it may not be as effective as some other packaging options, such as glass or aluminum, in preserving product quality over extended periods. This limitation can affect its suitability for certain products.
- Supply Chain Compatibility: Switching to bag-in-box packaging may require adjustments in the supply chain, such as new filling and packaging equipment. This can be a barrier for companies with existing packaging processes and machinery.
- Consumer Acceptance: Despite the convenience of bag-in-box packaging, consumer acceptance can vary by region and product category. In some markets, consumers may prefer traditional packaging formats, making it challenging to introduce bag-in-box solutions.
- Competition: The bag-in-box market faces competition from other flexible packaging options, such as pouches and stand-up pouches. Manufacturers may need to evaluate the advantages of bag-in-box packaging in comparison to these alternatives.
Key Players
- Mondi Group Plc.
- Berry Global Inc.
- Scholle IPN
- DS Smith Plc
- Amcor Limited
- Liqui-Box
Bag in Box Barrier Film Market by 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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