Bag-in-Box Industry Growth, Future Demand, Business Outlook 2034

ByNiranjan karde

The bag-in-box market is witnessing substantial growth, with a projected size of US$ 3.8 billion in 2024 and an expected valuation of US$ 6.6 billion by 2034. Several factors contribute to this expansion, including increased demand from various industries such as food and beverage, chemicals, cosmetics, and personal care for convenient packaging solutions and easy dispensing.

Key Insights Driving Bag-in-Box Industry Growth:

  1. Convenience Packaging Solutions: The rise in demand for handy packaging and easy dispensing is propelling the bag-in-box market forward. Consumers increasingly seek packaging solutions that offer convenience and ease of use across various industries.
  2. Affordability and Innovation: Increased affordability and the introduction of new packaging solutions and technologies create significant market growth opportunities. Top companies are continually evolving their portfolios with innovative designs and sustainable packaging materials to meet consumer demands.
  3. Quality Standards and Safety: Stringent quality standards for food packaging in several countries are driving the adoption of bag-in-box containers. These containers help mitigate contamination risks and extend the freshness of products, aligning with consumer preferences for high-quality and bio-degradable packaging.

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Key Takeaways from the Market Study

  • The global bag-in-box market is estimated to register a CAGR of 11% with a valuation of US$ 6.6 billion by 2034.
  • The United States is anticipated to register a 3.7% CAGR during the forecast period.
  • With a 6.4% CAGR, China is driving the global market by 2034.
  • United Kingdom is anticipated to secure a CAGR of 5.1 % in the global market during the forecast period..

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Key Market Segments:

By Capacity:

  • Less than 5 liters
  • 5 to 10 liters
  • 10 to 15 liters
  • 15 to 20 liters
  • More than 20 liters

By Material:

  • Paper and Paperboard
  • Plastic
    • Low Density Polyethylene (LDPE)
    • Ethylene Vinyl Acetate
    • Metallized-PET
    • Ethylene Vinyl Alcohol (EVOH)
    • Nylon

By End Use:

  • Food
    • Dairy Products
    • Sauces, Vinegar & Flavoring
    • Liquid Egg Products
  • Beverages
    • Alcoholic Beverages
    • Non Alcoholic Beverages
    • Water
  • Chemicals
  • Petroleum
  • Homecare
  • Cosmetic & Personal Care