Bag-In-Box Container Market To See Record Break Revenue US$ 4.0 Billion By 2027 | DS Smith, Amcor Limited, Liqui-Box - EIN Presswire

2021-12-24 01:26:21 By : Ms. HONGXUAN CAI

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SEATTLE, WA, UNITED STATES, December 10, 2021 / -- The rising usage of bag-in-box (BiB) containers in various industry areas, such as household cleansers, alcoholic drinks, and milk and dairy products, has fueled the expansion of the bag-in-box container market. A bag-in-box is a container that is used to carry and store liquids. A plastic bag, which is placed inside the box, is made up of several materials such as ethylene vinyl alcohol, ethylene vinyl acetate, and low-density polyethylene. The bag-in-box container is extremely dependable since it decreases packing waste, chemical resistance, and oxygen and moisture barrier. For many sectors, it is a sustainable packaging option. The wine business has been putting a lot of pressure on the bag-in-box container market.

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When compared to metal and glass containers, bag-in-box containers are 30-45 percent more cost-effective. As a result, beverage makers are increasingly using bag-in-box containers to enhance product shelf life. For example, a study undertaken by Smurfit Kappa, a corrugated packaging business, found an increase in consumer demand for bag-in-box wines in October 2020. Part of the reason for the rise in demand for bag-in-box wines is a shift in consumer behaviour brought on by the epidemic. According to the company, the bag-in-box solutions have a bright future, with studies indicating that 4.4 million people are potential buyers in the next six months.

Moreover, the growing demand for household cleaners, such as surface deodorizers and surface cleaners, is expected to augment the bag-in-box container market growth. In May 2021, Scholle IPN announced that they have made commercially available a range of Amazon ISTA-6, SIOC-certified bag-in-box packaging for liquid products. The ecommerce-friendly packaging is ideal for products such as automotive fluids, lawn care chemicals, laundry care chemicals, cleaning chemicals, and beverages, such as water and wine. Thus, with the growing applications of the bag-in-box, the demand for bag-in-box container is also increasing, which in turn, driving the bag-in-box container market.

Furthermore, due to the introduction of drink-in-box containers and the growing number of grocery chains and quick-service restaurants around the world, the bag-in-box container industry is booming. Traditional containers are more expensive than drink-in-boxes. However, because of their cost-effectiveness, plastic bottles are becoming more popular in the packaging of soft drinks. As a result, the market for bag-in-box containers is projected to be disrupted by the emergence of substitute products such as glass/plastic bottles. This, in turn, is projected to limit the market for bag-in-box containers.

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Key players active in the global bag-in-box container market are Smurfit Kappa Group, DS Smith, Amcor Limited, Liqui-Box, Scholle IPN, CDF Corporation, Vine Valley Ventures LLC, Parish Manufacturing Inc., TPS Rental Systems Ltd, and Optopack Ltd

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