U.S. Bag In Box Container Market Size & Outlook, 2021-2030
U.S. bag in box container market, 2017-2030 (US$M)
Related Markets
U.S. bag in box container market highlights
- The U.S. bag in box container market generated a revenue of USD 862.6 million in 2021 and is expected to reach USD 1,574.6 million by 2030.
- The U.S. market is expected to grow at a CAGR of 6.9% from 2022 to 2030.
- In terms of segment, food & beverage was the largest revenue generating application in 2021.
- Household Products is the most lucrative application segment registering the fastest growth during the forecast period.
Bag in box container market data book summary
| Market revenue in 2021 | USD 862.6 million |
| Market revenue in 2030 | USD 1,574.6 million |
| Growth rate | 6.9% (CAGR from 2021 to 2030) |
| Largest segment | Food & beverage |
| Fastest growing segment | Household Products |
| Historical data | 2017 - 2020 |
| Base year | 2021 |
| Forecast period | 2022 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Food & Beverage, Industrial Liquids, Household Products |
| Key market players worldwide | Amcor PLC, Smurfit Kappa Group PLC, DS Smith PLC, SIG Group AG Ordinary Shares, Liqui-Box, CDF Corporation, Accurate Box Company, TPS Rental Systems, Aran Group |
Other key industry trends
- In terms of revenue, U.S. accounted for 22.9% of the global bag in box container market in 2021.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In North America, U.S. bag in box container market is projected to lead the regional market in terms of revenue in 2030.
- Canada is the fastest growing regional market in North America and is projected to reach USD 298.7 million by 2030.
Food & beverage was the largest segment with a revenue share of 69.41% in 2021. Horizon Databook has segmented the U.S. bag in box container market based on food & beverage, industrial liquids, household products covering the revenue growth of each sub-segment from 2017 to 2030.
The market for bag-In-box container in the U.S. is expected to grow owing to the increasing consumption of the packaged wine in this region. The rising disposable income of the consumers coupled with high concern regarding health problems is likely to drive the demand of the product in household cleaner sector.
The growth in the automotive industry owing to the changing lifestyles of people is likely to propel the growth of the product in this region. The demand for bag-in-box container in food & beverage sector is expected to grow owing to the increasing demand for beverage products.
The consumer concern for health coupled with increasing demand for packaged natural products and liquid diet products is increasing the market growth for bagin-box container product in this region. Development of innovative and new packaging technologies in various segments including soft drinks, food and household segments is expected to propel the market growth.
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Bag In Box Container Market Scope
Bag In Box Container Market Companies
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U.S. bag in box container market size, by application, 2017-2030 (US$M)
U.S. Bag In Box Container Market Outlook Share, 2021 & 2030 (US$M)
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