Bag-In-Box Container Market Is Developing Rapidly, Based On Soaring Demand From Wine Industry
Bag-in-Box Container Industry Overview The global bag-in-box container market size is projected to reach USD 5.8 billion by 2028, expanding at a CAGR of 6.5%, according to a new report by Grand View Research, Inc. The increasing usage for packaging of alcoholic beverages and dairy products has emerged as a major driving factor fueling demand for bag-in-box containers in the food and beverage industry. The growth of the industry is also fueled by the shift in consumption patterns towards natural food products across the globe. Another important factor bolstering the demand for bag-in-box containers is the increasing consumption in the household products industry. In this regard, household products, most notably surface cleaners and surface deodorizers, are being increasingly packaged using bag-in-box containers. The growing urban population across the globe has further contributed to the growth of the industry owing to the increasing consump...