Bag-in-Box Container Market - Forecast 2021 - 2026
Bag-in-Box Container Market Overview Bag-in-box container market size is forecast to reach US$2.8 billion by 2026, after growing at a CAGR of 4.3% during 2021-2026. The bag-in-box packaging system was developed to address the challenges of packaging paste-textured and liquid food products such as water, wine, sauce, syrup, juice, and fats, purees, and oils. In the food and beverage industry, the growing use of ethylene vinyl acetate and low density polyethylene based bag-in-box containers for the packaging of alcoholic beverages, edible oils, and dairy products has served as a crucial driving factor. The industry's growth is also fueled by a global shift in consumption patterns toward natural food products. Other factors driving the market include bag-in-box packaging's ease of handling and transportation, which has led to its use in e-commerce retail with the benefits of enhanced protection and extended shelf life. COVID-19 Impact However, the COVID-19 outbreak has caused a ...