Bag-in-Box Container Market

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BAG-IN-BOX CONTAINER MARKET ANALYSIS

• Bag-in-Box Container Market, by Material Type
  (Low-Density Polyethylene, Ethylene Vinyl
  Acetate, Ethylene Vinyl Alcohol, Others), By
  End-use (Food Beverages Products (Alcoholic
  Beverages, Non-alcoholic Beverages, Liquid Food),
  Household Products, Industrial Liquid Products),
  By Order type (Customized Order, Standard Order),
  and by Region (North America, South America,
  Europe, Asia Pacific, and Middle East Africa) -
  Size, Share, Outlook, and Opportunity Analysis,
  2019 - 2027

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• Bag-in-box is a type of container that is widely
  used for the transportation of liquid products.
  It has a bladder or a plastic bag that is made up
  of low-density polyethylene (LDPE) which is
  seated inside the fiberboards. Low-density
  polyethylene, ethylene vinyl acetate and ethylene
  vinyl alcohol are some of the major material
  types used to produce Bag-in-box. This container
  finds applications across liquid foods, food
  beverage, household products, and alcoholic
  non-alcoholic beverages. Bag-in-box is highly
  reliable as it reduces the packaging waste,
  chemical resistance, and barrier to oxygen and
  moisture.
• The global bag-in-box container market is
  projected to surpass US 4.0 billion by the end
  of 2027, in terms of revenue, growing at CAGR of
  4.6 during the forecast period (2019 to 2027).
• Drivers
• Growing demand for low-foam detergent as they are
  packaged in a bag-in-box container is augmenting
  the market growth over the forecast timeframe.
  Moreover, increasing consumption of household
  cleaners such as surface deodorizers and surface
  cleaners are also expected to foster the market
  growth of the bag-in-box container. Growing
  demand for hygiene and personal care products
  around the globe is further anticipated to
  accelerate the market growth of the bag-in-box
  container over the forecast period.

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• Market Restraints
• The high cost of bag-in-box packaging solutions
  compared to conventional packaging options is
  anticipated to restrict the adoption of
  bag-in-box, in turn, expected to hinder the
  market growth over the forecast period. This
  factor is expected to inhibit the adoption of
  bag-in-box across various industrial applications
  and this factor is expected to restrict the
  market growth.
• The growing usage of plastic bottles in the
  packaging of soft drinks due to
  cost-effectiveness is projected to restrain the
  market growth of bag-in-box over the forecast
  period. Moreover, fluctuation in the supply of
  raw materials that are used to produce bag-in-box
  containers is further expected to propel the
  market growth over the forecast period.

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Figure 1. Global Bag-in-Box Container Market,
Revenue Share (), By Region, 2018
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• Market Opportunities
• The increasing advent of drink-in-box containers
  is expected to foster the market growth of
  bag-in-box containers in the near future.
  Drink-in-box containers are based on the
  bag-in-box principle. Drink-in-box is more
  cost-effective than conventional bag-in-box
  containers. Hence, the increasing launch of
  drink-in-box containers around the globe is
  projected to augment the market growth of
  bag-in-box containers.
• Rapid penetration of global supermarket chains
  and quick-service restaurants (QSR) across
  Southeast Asia are projected to foster the market
  growth of bag-in-box containers over the forecast
  period. Moreover, high per capita food
  expenditure is further anticipated to propel the
  demand for hygienic food and lightweight
  packaging solutions. Hence, the advent of
  supermarkets and QSR is anticipated to augment
  the market growth of bag-in-box containers. 

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Figure 2. Global Bag-in-Box Container Market
Opportunity Analysis
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• Market Trends/Key Takeaways
• The rising focus of manufacturers to adopt a
  smart strategy such as partnership and
  collaboration is expected to augment the market
  growth of bag-in-box containers over the forecast
  period. For instance, in December 2019, Dobra
  Berba has partnership Rapak, for developing the
  environmentally friendly packaging solution that
  extends the shelf life of mulled wine which is
  three-liter and ten-liter flexible wine bags to
  be used in the bag-in-box packaging and mulled
  wine heaters.
• Increasing focus of manufacturer on inspection
  and certifications in order to ensure optimal
  quality of the product is expected to accelerate
  the market growth of bag-in-box containers. For
  instance, in February 2016, CDF Corporation
  passed UN-certification and inspection tests for
  20-liter bag-in-box containers, especially for
  the transportation of hazardous fluids under
  UN-class 2 and UN-class 3 packaging. The company
  passed the stacking test and vibration tests.

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Figure 3. Global Bag-in-Box Container Market,
Revenue Share (), By Material Type, in 2018
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• On the basis of material type, in 2018, low
  density polyethylene accounted the largest market
  share of 49 in terms of revenue, followed by
  ethylene vinyl alcohol and others, respectively.
• Competitive Section
• 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
• Few Recent Developments
• DS Smith
• In October 2015, DS Smith launched packaging
  dispensers for bag-in-box containers, especially
  for wine packaging, under brand name Mustang.
  Mustang packaging dispensers offer the lowest
  oxygen transfer rate (OTR).

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