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The bag-in-tube market is expected to outperform other alternatives as a single-use packaging system in the global flexible packaging landscape. Witnessing a stupendous CAGR of more than 13.1%, the global bag-in-tube market will exhibit remarkable growth between 2022 and 2029. Wine packaging would remain a prominent segment contributing to revenue growth of the global bag-in-tube market, as suggested by a new Future Market Insights (FMI) report.
Some of the key features fueling this growth are preference for bag-in-tube for its 360° area available for printing & embossing and ability to offer extended shelf life of up to 6 to 8 weeks after opening the pack. Metallized PET used in manufacturing bag-in-tube films structures meets customer needs in terms of mechanical resistance and oxygen barrier. The bag-in-tube market is expected to witness an impressive growth rate of 13.7% throughout the forecast period (2022-2029). High-end customization using spigot & handles and type of material used as barrier layers are some of the key trends in the bag-in-tube market.
Key Takeaways - Bag-in-Tube Market Study
Metalized PET will continue to be highly preferred in the bag-in-tube market, and is projected to capture more than 60% of the market share during the forecast period of 2022-2029.
Demand from manufacturers of wine and olive oil is collectively expected to hold around 80% of the global bag-in-tube market share by 2029,
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