The report will help you gain market insights, future trends and growth prospects for forecast period of 2017-2026.
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According to HTF, the Global Blister Packaging market is accounted for $5.54billion in 2017 and is expected to reach $14.29 billion by 2026 growing at a CAGR of 8.5%. Some of the factors fuelling the market growth are increasing disposable incomes, growing demand for amper-evident and convenient packaging, rising demand of packaging from various end users and technological advancements in packaging. However, conventional materials used in packaging cause severe health issues, huge competition levels from flexible parenteral solutions, less suitable for packaging heavy items are restricting the market. In addition, increasing investments in R&D and rising shift towards smart blister packaging are some of the opportunities during the forecast period.
Blister packing is a pre-formed plastic packaging used for small consumer goods, foods, and for pharmaceuticals. It is made up of aluminum foil or plastic with a cavity or pocket made from thermoformed plastic. Blister packs are useful for protecting products against external factors, such as humidity and contamination for extended periods of time. Blister packs are used to package products such as toys, hardware, medication, etc. Blister packs can provide barrier protection for shelf life requirements, and a degree of tamper resistance.
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Thermoforming technology has acquired highest market share as this technology is extensively applicable in manufacturing plastic and aluminum blister packs as it requires less initial costs compared to other packaging techniques. The demand for carded blister packaging is increasing rapidly as this type of packaging has the capacity to mold in different shapes and also helps products to be safe preventing from damage. North America is dominating the market and the factors favouring the growth of this region are growing demand for packed products, increase in healthcare awareness and technological improvements in pharmaceutical & medical industries are fuelling healthcare packaging which in turn favors blister packaging market growth.
Some of the key players in global Blister Packaging market include E.I.Du Pont De Nemours and Company, Amcor Limited, Pharma Packaging Solutions, The DOW Checmical Company, Honeywell International Inc, Bemis Company, Inc, Sonoco Products Company, Westrock Company, Tekni-Plex, Inc, Display Pack, Inc, Constantia Flexibles GmbH, Klockner Pentaplast Group, Winpak Ltd, Rohrer Corporation and FormPaks International Co. Ltd.
Cold Forming, Thermoforming
Materials Types Covered:
Paper & Paperboard, Aluminum, Plastics Films
End Users Covered:
Industrial Goods, Healthcare, Food, Consumer Goods
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North America (U.S., Canada)
Europe (UK, Germany)
Asia Pacific (China, India, Japan)
Latin America (Brazil, Mexico)
Rest of the World
What our report offers:
– Market share assessments for the regional and country level segments
– Market share analysis of the top industry players
– Strategic recommendations for the new entrants
– Market forecasts for a minimum of 9 years of all the mentioned segments, sub segments and the regional markets
– Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
– Strategic recommendations in key business segments based on the market estimations
– Competitive landscaping mapping the key common trends
– Company profiling with detailed strategies, financials, and recent developments
– Supply chain trends mapping the latest technological advancements
1 Executive Summary
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
2.4.1 Data Mining
2.4.2 Data Analysis
2.4.3 Data Validation
2.4.4 Research Approach
2.5 Research Sources
2.5.1 Primary Research Sources
2.5.2 Secondary Research Sources
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Company Name: HTF Market Intelligence Consulting Private Limited
Contact Person: Craig Francis
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Country: United States