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Share this article Share this article FELTON, Calif., May 19, 2021 /PRNewswire/ The global Cash-in Transit Bags Market size is expected to reach USD 547.5 million by 2028, according to a new report by Million Insights. It is expected to expand at a CAGR of 5.8% from 2021 to 2028. What are Key Factors Driving the Cash-in Transit Bags Market? Rising concerns over secured and safe cash transfers are expected to be a major factor responsible for market growth over the forecast period. These bags help transport and store banknotes, monetary coins, and other costly things from one place to another. Cash-in transit bags are generally utilized by banks, retailers, local organizations and authorities, and cash centers. These bags consist of the safety features like weather-resistant material and metal feet that support large quantities of coins. Hence, the market is estimated to expand at a significant rate during the forecast period.

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