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Global Blister Packaging Market 2021 Segmented by Application and Geography Trends, Growth and Forecasts

Blister Packaging

The report focuses on the favorable Global “Blister Packaging market” and its expanding nature. The Blister Packaging market report provides a comprehensive study of the market segmentation, service providers, stockholders, sponsors, and important market players, size, and share, market dynamics such as the growth drivers, restraints, challenges, and opportunities.

Market Overview:

  • The global blister packaging market was valued at USD 17.76 billion in 2018, and it is expected to reach a value of USD 24.25 billion by 2024, at a CAGR of 6.31% during the forecast period (2019-2024). The outbreak of new diseases, growth in regulatory norms across the world, focus on population health management, inventions, more informed customers, and growth in OTC drugs, have augmented the growth of blister packaging.
  • – Increasing pressure on pharmaceutical companies to manufacture more medicines to be made available for patients, owing to a rise in diseases and stringent governmental regulations against counterfeit drugs are among the major factors propelling the market. Blister packaging offers an efficient method of anti-counterfeit systems, like banknote authentication system and others.
  • – Factors like product integrity and extended shelf life are highly necessary for the pharmaceutical sector, considering that most consumers store their drugs in a temperature variant atmosphere that can be harmful to unprotected medicines.
  • – However, unsuitability for heavy items coupled with stringent regulation in developing countries is anticipated to restrain the market growth.

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    Key Manufacturers

  • Amcor Limited
  • Bemis Company Inc.
  • Westrock Company
  • Constantia Flexibles GmbH
  • Sonoco Products Company
  • Klockner Pentaplast Group
  • E.I.Du Pont De Nemours and Company
  • Honeywell International Inc.
  • Pharma Packaging Solutions
  • Tekni
  • Plex, Inc.
  • The Dow Checmical Company

    Market Dynamics: –

    • Drivers: (Developing regions and growing markets)
    • Limitations: (Regional, Key Player facing Issues, Future Barriers for growth)
    • Opportunities: (Regional, Growth Rate, Competitive, Consumption)

    Blister Packaging market report focuses on the latest trends in the global and regional spaces on all the significant components, including the capacity, cost, price, technology, supplies, production, profit, and competition. Moreover, the old data and present development of the Blister Packaging market have been given in the scope of the report. The latest trends, product portfolio, demographics, geographical segmentation, and regulatory framework of the Blister Packaging market have also been involved in the study.

    Scope of the Report:

  • Blister pack is a term for several types of pre-formed plastic packaging used for small consumer goods, foods, and for pharmaceuticals. They are useful for protecting products against external factors, such as humidity and contamination for extended periods of time. Opaque blisters also protect light-sensitive products against UV rays.

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    TOC of Blister Packaging Market Report Covered:

    Introduction, Research Methodology, Executive Summary, Key Inferences, Market Overview, Blister Packaging market Dynamics, Market Segmentation, Competitive Landscape, Key Players, Future of the Market, and continued…

    Reasons to Purchase Blister Packaging Market Report Covered:

    • The report analyses how Blister Packaging market will grow in the future.
    • Analyzing various perspectives of the Blister Packaging market with the help of Porter’s five forces analysis.
    • Study on the product type that is expected to dominate the market and regions that are expected to witness the fastest growth during the forecast period
    • Recognize the new developments, Blister Packaging market shares and policies employed by the major market players.
    • Competitive landscape including the Blister Packaging market share of major players along with the key policies accepted for development in the past five years
    • Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis and strategies employed by the major Blister Packaging market players

    Key Market Trends:

    Pharmaceutical and Healthcare Sector to Account for a Major Share

    – The healthcare and pharmaceuticals sector poses a different set of demands for the blister packaging solutions, regarding insulation from external surroundings, high levels of protection, cost-effectiveness and ease of handling.
    – These packs are uniquely suited to meet the stringent standards and highly valued for protective properties, adaptability, and cost-effectiveness, and requirements of the pharmaceuticals and healthcare packaging industry.
    – When drugs are packaged in blisters, adherence is improved because consumers are better able to keep track of their medications and dosing. The unit dosage feature of blisters reduces the risk of incorrect dosing.
    – The retail-level preparation of prescription drugs is troubling pharmacists or pharmaceutical technicians. The administration of medicines in the open atmosphere of the supermarket and drug store can negatively affect sensitive drugs when they are transferred from container to container. Blister packaging can ensure the process of distribution directly to the customer.
    – Protecting product integrity remains the primary goal of pharmaceutical healthcare packaging, but as in all areas of the packaging industry, there is continued work on cost reduction in the packaging process.
    – Blister packed medicines can prove to be very helpful for transportation of medicines such as ones used for diabetes which will be transported to long distances.

    to Hold a Significant Share

    – The pharmaceutical and healthcare industry holds the dominant share of the blister packaging market in . The consumer goods sector is also expected to contribute a significant market share over the forecast period.
    – Blister packaging also provides the possibility to create a compliance pack or calendar pack by labeling the prescription, to which patients can easily adhere.
    – The an community has stronger environmental incentives to use blister packaging because of the stringent regulations over using the excess material into the packaging system. The use of blister packaging allows manufacturers to reduce packages to a minimal size
    – In , the UK pharmaceutical industry is one of the major engines of innovation and research. The industry spends billions on R&D and employs vast numbers of highly skilled personnel for R&D roles.
    – These massive investments and the proportion of skilled workers employed show how Britain is building up the pipeline of medicines and future drugs. These ongoing investments can be perceived as an excellent opportunity for the growth of blister packaging in the country.

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    Study objectives of Blister Packaging Market Report:

    • To provide a detailed analysis of the market structure along with the Blister Packaging market forecast of various segments and sub-segments of the Blister Packaging market
    • To provide insights into factors influencing and affecting market growth
    • To provide historical, current, and forecast revenue of market segments based on material, type, design, and end user
    • To provide historical, current, and forecast revenue of market segments and sub-segments with respect to regional markets and key countries
    • To provide strategic profiling of key players in the market, comprehensively analyzing their market shares, core competencies, and drawing a competitive landscape for the market
    • To provide economic factors, technology and Blister Packaging market trends that influence the global Blister Packaging market

    Detailed TOC of Blister Packaging Market Report 2019-2024:

    1 INTRODUCTION
    1.1 Study Deliverables
    1.2 Study Assumptions
    1.3 Scope of the Study

    2 RESEARCH METHODOLOGY

    3 EXECUTIVE SUMMARY

    4 MARKET DYNAMICS
    4.1 Market Overview
    4.2 Introduction to Market Drivers and Restraints
    4.3 Market Drivers
    4.3.1 Rising Geriatric Population and Prevalence of Diseases
    4.3.2 Tamper-evident Design for Product Protection
    4.4 Market Restraints
    4.4.1 Not Suitable for Packaging Heavy Items
    4.5 Value Chain Analysis
    4.6 Industry Attractiveness – Porter’s Five Force Analysis
    4.6.1 Threat of New Entrants
    4.6.2 Bargaining Power of Buyers/Consumers
    4.6.3 Bargaining Power of Suppliers
    4.6.4 Threat of Substitute Products
    4.6.5 Intensity of Competitive Rivalry

    5 MARKET SEGMENTATION
    5.1 By Process
    5.1.1 Thermoforming
    5.1.2 Coldforming
    5.2 By Material
    5.2.1 Plastic Films
    5.2.2 Paper & Paperboard
    5.2.3 Aluminum
    5.2.4 Other Materials
    5.3 By End-user Industry
    5.3.1 Consumer Goods
    5.3.2 Healthcare
    5.3.3 Food
    5.3.4 Other End-user Industries
    5.4 Geography
    5.4.1 North America
    5.4.2
    5.4.3 Asia-Pacific
    5.4.4 Latin America
    5.4.5 Middle East & Africa

    6 COMPETITIVE LANDSCAPE
    6.1 Company Profiles
    6.1.1 Amcor Limited
    6.1.2 Bemis Company Inc.
    6.1.3 Westrock Company
    6.1.4 Constantia Flexibles GmbH
    6.1.5 Sonoco Products Company
    6.1.6 Klockner Pentaplast Group
    6.1.7 E.I.Du Pont De Nemours and Company
    6.1.8 Honeywell International Inc.
    6.1.9 Pharma Packaging Solutions
    6.1.10 Tekni-Plex, Inc.
    6.1.11 The Dow Checmical Company

    7 INVESTMENT ANALYSIS

    8 MARKET OPPORTUNITIES AND FUTURE TRENDS

     

    Contact Us:

    Name: Ajay More

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    Email: [email protected]

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