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Airless Packaging Market Statistics, Trend and Future Scenarios - Leading Players are ABC Packaging Ltd., Albea,AptarGroup Inc., Fusion Packaging, HCP Packaging, Libo Cosmetics Company Ltd.
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In addition, government regulations and legislation for reducing pollutants and increased awareness about eco-friendly products are expected to propel the market growth. However, high production cost airless packaging products pose a threat to the market growth.
The global airless packaging market was valued at $4,046.0 million in 2016 and is expected to reach $5,938.0 million by 2023, growing at a CAGR of 5.9% during the forecast period. Europe accounted for more than one-third of the market share in 2016 and is expected to witness significant growth during the forecast period.
The demand for airless packaging products has increased, owing to the increased demand for natural and organic products globally, a rise in sales of homecare products due to modernization, and growth in its applicability in the personal care & food & beverages. In addition, government regulations and legislation for reducing pollutants and increased awareness about eco-friendly products are expected to propel the market growth.
This report provides a comprehensive analysis of
-Top impacting Growth Factors
-Competitive Analysis of Leading Market Players
-Current and Future Market Trends
-Market Segmentation
-Revenue Estimation by 2023
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