A specialty packaging material called bag-in-box barrier film is utilized to create the bags or pouches that are frequently employed in bag-in-box packaging systems. These systems usually consist of an exterior stiff box or container inside a flexible bag or pouch. The purpose of the barrier film is to preserve and protect the liquids, powders, and semi-liquids that are contained within the bag.
The global bag-in-box barrier market is projected to reach US$ 333.48 million in 2023 and is anticipated to surge to US$ 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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Recent Developments
In April 2023, FlexiPack, a subsidiary of FlexiCorp, successfully completed the acquisition of 85% of the shares in PackInnovate, a prominent packaging company based in Latin America, for a total transaction value of $50 million. PackInnovate boasts a strong presence in the region and is recognized for its innovative packaging solutions tailored for various industries, including food and beverage, pharmaceuticals, and consumer goods. With this strategic acquisition, FlexiPack aims to strengthen its position in the Latin American market and expand its portfolio of sustainable packaging offerings.
Top of Form
Startups Ecosystem
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.
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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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