Bag-In-Box Container Market Is Witnessing Robust Growth Due to Soaring Demand from the Wine Industry

Bag-In-Box Container Market

 The growth of the bag-in-box container market can be attributed to the increasing adoption of bag-in-box (BiB) container in various industry segments, such as household cleaners, alcoholic beverages, and milk and dairy products. A bag-in-box is a container used for the storage and transportation of liquids. A plastic bag is made up of different materials, such as ethylene vinyl alcohol, ethylene vinyl acetate, and low-density polyethylene, which is placed inside the box. Bag-in-box container is highly reliable as it reduces the packaging waste, chemical resistance, and barrier to oxygen and moisture. It is a sustainable choice of packaging for many industries. The bag-in-box container market has been witnessing a soaring demand from the wine industry.

Bag-in-box containers are 30-45% more cost-effective as compared to their counterparts such as metal and glass. Therefore, beverage manufacturers are increasingly adopting bag-in-box containers, as they extend the shelf life of products. For instance, in October 2020, a research conducted by corrugated packaging company, Smurfit Kappa, revealed an increasing consumer demand for bag-in-box wines. Increasing demand for bag-in-box wines is partly due to change in consumer behavior caused by the pandemic. According to the company, the future is bright for the bag-in-box solutions with the research finding that 4.4 million consumers are potential buyers of the product 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, the bag-in-box container market is witnessing robust growth due to the advent of drink-in-box containers and the increasing number of supermarket chains and quick-service restaurants across the world. Drink-in-box is more cost-effective than conventional containers. However, there is an increasing demand for plastic bottles in the packaging of soft drinks due to cost-effectiveness. Thus, the growth in the substitute products, such as glass/plastic bottles, is expected disrupt the demand for bag-in-box container. This in turn is expected to restrain the growth of the bag-in-box container market.

https://www.coherentmarketinsights.com/market-insight/bag-in-box-container-market-3512

Location: India

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