China’s bag-in-box market size will be nearly 500 million yuan in 2020

Bag-in-box is a new form of packaging that is widely used in the field of wine packaging. At the same time, soft drinks are also often packaged using this new packaging method. Products packaged in bag-in-box are easy to use and have good product quality. Moreover, this packaging method consumes less cost and is more attractive to food companies. It is suitable for a variety of food products and provides good production and transportation services for products. Favorable conditions have been established and its applications are becoming more and more widespread.

In the Chinese market, bag-in-box is a new type of packaging product. The market awareness of this product is not high, and the actual application scope of the product is relatively limited. Therefore, overall, the market size of China’s bag-in-box industry is not large. From the perspective of consumer use, the main purpose of most consumers choosing bag-in-box is to reduce packaging, storage and transportation costs, and improve the convenience of storage and transportation.

From the perspective of product application, the most important application field of domestic bag-in-box is the food field, including liquid foods such as alcohol, condiments, juice drinks, egg liquids, purified water, etc., and the application in the food field accounts for more than 70%. The second largest application is in the grease industry, including edible oils, lubricants, etc. In the medical field, medical packaging materials usually require relevant qualifications. However, domestic bag-in-box manufacturers are usually small in scale and generally do not have relevant qualifications. Therefore, the application of bag-in-box in the medical industry is very limited, and only some do not require Products with medical qualifications, such as disinfectants, cleaning agents, traditional Chinese medicine liquids, etc. In addition, bags in boxes are also used in the field of daily chemicals, such as skin care products, liquid fertilizers, urea for vehicles, paints, pesticides, etc., but the dosage is not large.

The released “Bag-in-Box Industry In-depth Market Research and Investment Strategy Suggestions Report 2021-2025” shows that in recent years, with the The application scope of my country’s bag-in-box products has expanded, and the industry market size has continued to grow. In 2020, my country’s bag-in-box market size will be nearly 500 million yuan. Bag-in-box manufacturers in my country usually adopt an order-based production model. Usually, after a customer places an order, the company then produces according to the size and quantity required by the customer in the order.

my country’s bag-in-box industry started relatively late. The market is not yet very mature and the market demand is relatively limited. The scale of production companies is generally small and the market concentration is low. The revenue of some relatively large companies from the bag-in-box business is generally small. There are only 20 to 30 million, and there are many companies that are even smaller.

From the perspective of the fields that companies are involved in, the application fields of products are mainly determined by customer needs. Usually customers will put forward requirements for the required products, such as material, size, quantity, etc., and companies produce according to customer requirements. Basically all companies All are capable of producing bags-in-boxes for food, oils and medical fields that do not require qualifications. The differences in bag-in-box products produced by different companies are not obvious, and the product prices of most companies have little difference.

Investment analysts pointed out that my country’s bag-in-box companies are mainly distributed in East China and South China, including Zhejiang Province, Jiangsu Province and Guangdong Province Provinces have the most production companies, mainly because these areas have a better foundation in the resin industry and packaging industry. Many bag-in-box companies are developed from packaging bag companies, and bag-in-box is usually just a type of product in a company’s business.