The growth of the global bag-in-box containers market can be ascribed to the rising demand for products like milk and dairy items, household cleaners, and alcoholic beverages. These containers are mostly utilized in the food and beverage sector due to benefits offered by bag-in-box containers. This packaging solution come with microbial protection, prolonged shelf life, hassle-free handling, and are environment friendly. Bag-in-box containers are widely utilized in the packaging of different industrial liquids, non-alcoholic and alcoholic beverages, food and beverage, and household products. Such extensive uses of these containers are expected to foster growth of the global bag-in-box containers market in the years to come.
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Burgeoning demand for wine is likely to generate augmented demand for bag-in-box containers in the years to come. As such, manufacturers of advanced solutions of packaging are likely to benefit immensely from the increased production of wine. High consumption of wine, especially in the developed countries are expected to drive the demand for bag-in-box containers in the near future..
Rise in the Demand for Household Products to Influence Course of the Market
A surge in the demand for household products is expected to play an important role in driving growth of global bag-in-box containers market in the forthcoming years. A rise in the use of household cleaners is foreseen to generate demand for these containers. Growing urbanization and adoption of hectic lifestyle are expected to raise the demand for various hygiene and cleaning products, such as household cleaners. Apart from that, the expansion of the global bag-in-box containers market is likely to be influenced by the growing demand for low-foam detergents. These detergents are packaged and transported in bag-in-box containers.
However, the growth expansion of the market is likely to be hampered by the increased availability of various substitute products, such as glass and plastic bottles. These bottles, especially the plastic bottles are priced economically, which is likely to soar is demand in the near future. Soft drink industry is one of the major consumers of plastic bottles, which is likely to restrict growth of the global bag-in-box containers market over the analysis timeline.
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