Edible Oil Packaging Sales to Grow CAGR Demand for Sustainable and Recyclable Packaging
The global edible oil packaging market is anticipated to grow at 5.8% CAGR through 2031, finds Future Market Insights (FMI) in its latest study. Edible oil is now packed in convenient packaging designs, which are easy-to-store and perfectly suitable for modern-day retail facilities. Edible oils packed in pouches, bottles, jars, cans, and liquid cartons are introduced to overcome problems faced by traditional space-consuming packaging solutions“Growing sustainability have compelled the manufacturers to introduce environment friendly and recyclable packaging solution, improving the demand for bag-in-box and drums. This is expected to bode well for the market,” says FMI analyst.