The bag-in-box market is witnessing substantial growth, with a projected size of US$ 3.8 billion in 2024 and an expected valuation of US$ 6.6 billion by 2034. Several factors contribute to this expansion, including increased demand from various industries such as food and beverage, chemicals, cosmetics, and personal care for convenient packaging solutions and easy dispensing. Key …
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Bag-in-Box Market Forecast, Company Share Analysis, Competition Intelligence, DROT Analysis, Market Dynamics
Among various industries using bag-in-box packaging solutions, the beverage sector has emerged dominant. According to a study by Future Market Insights, the beverages sector is expected to account for over 65% of sales in bag-in-box market. Within the beverages industry, the wine segment holds the largest share.Using bag-in-boxes for packaging wines are particularly handy when it comes …