In 2022, it is anticipated that the market for bag-in-box barriers would generate US$ 317.3 million, and by 2032, it will have grown to US$ 521.8 million.
The Bag in Box Barrier Film Market is a rapidly growing segment of the flexible packaging industry. Bag in Box (BIB) is a type of packaging that typically consists of a bag made of barrier film material that is inserted into a cardboard box. This packaging system is designed for the transportation and dispensing of liquids and semi-liquids such as wines, juices, edible oils, and dairy products.
Barrier films are an essential component of BIB packaging. These films are designed to prevent the permeation of oxygen, light, and moisture, which can degrade the quality of the product over time. The use of barrier films ensures that the product maintains its freshness, taste, and aroma for an extended period.
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The market for BIB barrier films is driven by the increasing demand for convenient and cost-effective packaging solutions. The popularity of BIB packaging has increased in recent years due to its ability to reduce packaging waste, improve transportation efficiency, and increase shelf life. BIB packaging also offers several other benefits such as ease of use, convenience, and portability.
The BIB barrier film market is segmented based on the type of material used, which includes polyethylene, ethylene vinyl alcohol (EVOH), polyamide (PA), and others. Polyethylene is the most commonly used material due to its cost-effectiveness, durability, and flexibility. EVOH and PA are used for their superior barrier properties, which make them ideal for applications that require a high level of protection against oxygen and light.
The BIB barrier film market is also segmented based on end-use industries, which include the food and beverage, cosmetics and personal care, and pharmaceutical industries. The food and beverage industry is the largest end-user of BIB packaging, accounting for the majority of the market share.
Competition Analysis
The global market has various players, which are focusing on technology development in terms of design and packaging solutions. Increasing demand for innovative packaging designs for food and beverage products to catch consumer attention is projected to have a positive impact on industry growth over the forecast period.
Key Players:
- Mondi Group Plc.
- Berry Global, Inc.
- Scholle IPN
- DS Smith Plc
- Amcor Limited
- Liqui-Box
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Recent Key Developments in the Market Include:
- In January 2021, Mondi announced that all conditions have been met and it has concluded the acquisition of 90.38% of the outstanding shares in Olmuskan International Paper Ambalaj Sanayi ve Ticaret A.S from International Paper for a total consideration of 66 Million Euros. Olmuskan is a renowned packaging player in Turkey, listed on the Istanbul Stock Exchange.
- In February 2020, Liquibox, a portfolio company of Olympus Partners, completed the acquisition of DS Smith plc’s Plastics Division. The acquired division includes both rigid and flexible packaging businesses. The combined companies will have 35 manufacturing facilities and a global workforce of nearly 3,000 employees.
- In February 2022, SIG announced an agreement to acquire 100% of Scholle IPN. Scholle IPN is a leading innovator of sustainable packaging systems and solutions for food and beverages, with retail, institutional and industrial customers. It is the global leader in bag-in-box and number two in spouted pouches.
Key Segments Profiled in the Global Bag in Box Barrier Films Market
Global Bag in Box Barrier Films by Application:
- Bag in Box Barrier Films for Wines
- Bag in Box Barrier Films for Fruit juice concentrates
- Bag in Box Barrier Films for Oil
- Bag in Box Barrier Films for Liquid Egg
- Bag in Box Barrier Films for Milk
- Bag in Box Barrier Films for Others
Global Bag in Box Barrier Films by Material Type:
- EVOH Bag in Box Barrier Films
- PE Bag in Box Barrier Films
- PP Bag in Box Barrier Films
- PC Bag in Box Barrier Films
- PU Bag in Box Barrier Films
- TPU Bag in Box Barrier Films
- EVA Bag in Box Barrier Films
Global Bag in Box Barrier Films by Region:
- North American Bag in Box Barrier Films Market
- Latin American Bag in Box Barrier Films Market
- European Bag in Box Barrier Films Market
- East Asian Bag in Box Barrier Films Market
- South Asia & Pacific Bag in Box Barrier Films Market
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