Bag-in-Box Container Market: Size, Growth, Regional Analysis, And Market Analysis
Bag-in-Box Container: A bag-in-box container is a type of container that is commonly used to transport liquid products. It has a bladder or plastic bag constructed of low-density polyethylene (LDPE) inside the fiberboards. Bag-in-box is made from various materials, including low-density polyethylene, ethylene vinyl acetate, and ethylene-vinyl alcohol. Market Analysis: The global Bag-in-Box Container Market market was valued at USD 3.3 billion in 2019 and is expected to grow at a CAGR of 6.5 percent between 2020 and 2027. Growing product adoption in industry areas such as alcoholic drinks, home cleaners, and milk and dairy products can be attributed to the market's growth. The wine industry has been putting a lot of pressure on the bag-in-box container industry. With manufacturers using innovative packaging options such as bag-in-box containers as an alternative packaging, wine output is predicted to expand steadily. Because of rising alcoholic beverage consumption, the market fo