Demand Analysis Bag-in-Tube Market By Countries | U.S., Canada, Brazil, Mexico, Germany, U.K., France, Italy, Spain

In the worldwide flexible packaging landscape, the bag-in-tube market is likely to outperform other options as a single-use packaging technology. Between 2022 and 2029, the global bag-in-tube market is expected to rise at a staggering CAGR of more than 13.1 percent. According to a new Future Market Insights (FMI) analysis, wine packaging will continue to be a significant contributor to revenue growth in the global bag-in-tube market.

Preference for bag-in-tube for its 360° area accessible for printing and embossing, as well as the potential to offer extended shelf life of up to 6 to 8 weeks after opening the pack, are some of the primary aspects driving this expansion. In terms of mechanical resistance and oxygen barrier, metallized PET utilised in bag-in-tube film architectures meets client expectations. Throughout the forecast period, the bag-in-tube market is predicted to develop at a 13.1 percent annual pace (2022-2029). Some of the important developments in the bag-in-tube industry are high-end customization employing spigots and handles, as well as the type of material utilised as barrier layers.

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Bag-in-Tube Market Study Key Takeaways

1. Metalized PET will continue to be the favoured material in the bag-in-tube market, with more than 60% of the market expected to be captured between 2019 and 2029.
2. By 2029, demand from wine and olive oil producers is predicted to account for roughly 80% of the global bag-in-tube market, and it is expected to develop at a faster rate than any other segment.
3. Western Europe is estimated to dominate the bag-in-tube market, with a CAGR of more than 10% from 2019 to 2019.
4. Bag-in-tube makers can make significant profits by targeting wine and spirit producers, as these end users see bag-in-tube as a lightweight, leak-proof, and cost-effective packaging alternative to glass.

In Asia Pacific and MEA, there are a lot of untapped markets.

Some markets are unfamiliar with bag-in-tube packaging, which is an expanded form of bag-in-box. While bag-in-tube has a high market penetration in Western Europe, it has a lower market penetration in North America. Latin America and Eastern Europe, where bag-in-tube packaging is still in its early phases of development, are key producers and consumers of wine, providing a great potential for bag-in-tube packaging manufacturers. Bag-in-tube penetration is essentially non-existent in APEJ, MEA, and Japan, making them very profitable regions for enterprises looking to increase their market positions.

In European countries, bag-in-tube packaging is widely used for wine and spirits, followed by high-end vegetable oil (olive oil). By the end of 2025, the worldwide millennial population is expected to surpass 30%. Millennials are drawn to novel packaging such as bag-in-tube and bag-in-boxes because they are convenient to carry and store. Bag-in-tube producers are projected to benefit greatly as a result of this.

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Bag-in-Tube Industry Research Highlights Key Segments

Bag-in-Tube Market by Capacity:

• Less than 1000 ml
• 1000 to 2000 ml
• 2001 to 3000 ml
• More than 3000 ml

Bag-in-Tube Market by Product:

• EVOH Barrier + PE
• Metallized PET

Bag-in-Tube Market by End-use:

• Wine
• Spirit
• Olive Oil
• Fruit Juices
• Others

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Key Questions Answered in the Report

• How much is the Bag-in-Tube market currently worth?
• What is the sales forecast for Bag-in-Tube through 2029?
• What was last 7-year market CAGR for the sales of Bag-in-Tube?
• Who are the key manufacturing companies for Bag-in-Tube?