The global packaging additives market size was 61.50 kilo tons in 2016 and is expected to witness a substantial growth due to the increasing demand for packing solutions across various industries including food, cosmetics, and pharmaceuticals. Moreover, growing consumer awareness and government initiatives to use additives such as antistatic additives and oxygen scavengers, which are eco-friendly and can be easily recycled are anticipated to boost the market over the forecast period.
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