Market Share of Bag-in-Box Packaging Industry
The competitiveness of the bag-in-box packaging market is fragmented, with the presence of major players like Smurfit Kappa, Scholle IPN, Liquibox, CDF Corporation, and DS Smith, among others. The market has several firms with significant market shares. The market players are focusing on product innovation to enhance their brand presence through sustainable packaging initiatives.
- December 2023: Smurfit Kappa Bag-in-Box unveiled a recyclable polyethylene film, matching nylon's robustness. Nylon bags, known for their durability, are a staple in packaging, especially for items like motor oil, detergents, and large industrial food bags.
- April 2023: Scholle IPN Corp. inaugurated its second production facility in Palghar, India. This plant is dedicated to producing SIG's bag-in-box and spouted pouch packaging, previously under the brands Scholle IPN and Bossar. The facility boasts a range of production assets, from blown film extruders to injection molding cells and even a specialized unit for crafting packaging fitments and closures.
Bag-in-Box Packaging Market Leaders
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Smurfit Kappa Group
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DS Smith PLC
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Liqui-Box Corp
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Scholle IPN Corp
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CDF Corporation
*Disclaimer: Major Players sorted in no particular order