Blister Packaging Market will Register a CAGR of 6.6% through 2017 - 2027
The report states that the global blister packaging market boasts vast growth opportunities and several untapped areas that can be exploited to strengthen foothold in the market. A number of companies are focusing on ways of making blister packaging for pharmaceutical products smarter with the help of technological interventions. Instances include the facilitation of product tracking technology in blister packaging, which when connected with smart computing devices such as smartphones or tablets can remind patients to take medication on time. Several products in the market also have attributes on the blister packaging that allow disabled or blind people to easily identify basic details of the product that is inside the packaging. Such and other varieties of smart blister packaging are expected to witness a massive rise in adoption in the next few years, especially in the pharmaceutical sector.
However, some factors could restrict the growth of the market, such as the intense level of competition from flexible parenteral solutions and the fact that blister packaging does not serve well in case of heavy products. Moreover, as blister packs are easy for peeling, they could be considered risky around children, who can inadvertently consume medications and fall prey to medicine poisoning. Also, the conventional materials used for blister packaging owing to their low costs, which may contain a range of chemicals, could also affect the consumer-base as health conscious people will want to switch to safer packaging options. Another factor posing a threat to the growth of this market is the conventional material used for production in developing nations in a bid to reduce cost. These chemicals can pose serious health issues and will drive health conscious people to switch to safer materials.
Request to Sample Report - https://www.futuremarketinsights.com/reports/sample/rep-gb-4648
The report states that the market in North America, which accounted for a significant 32% of the overall market in 2017, will continue to remain one of the most promising regional markets for blister packaging. Registering a healthy 6.6% CAGR from 2017 to 2024, the North America market for blister packaging will thrive on account of the healthy demand from the region’s well-established food and pharmaceutical industries.
The market in Asia Pacific except Japan (APEJ) will achieve great heights owing to high demand from the pharmaceutical industry in developing nations such as India, China, and several ASEAN countries. The market in APEJ will exhibit a promising CAGR of 6.2% from 2017 to 2027, accounting for a significant share in the overall revenue of the global market by the end of the report’s forecast period.
Some of the leading companies operating in the global blister packaging market are Amcor Limited, Constantia Flexibles GmbH, Rohrer Corporation, Bemis Company, Inc., Winpak Ltd., Sonoco Products Company, West Rock Company, ACG Pharmapack Pvt. Ltd., Honeywell International, Inc., Uflex Ltd., Klockner Pentaplast Group, Display Pack, Inc., R-Pharm Germany GmbH, SteriPack Group, Tekni-Plex, Inc., Transparent Container, Inc., FormPaks International Co. Ltd., Blisterpak, Inc., Ecobliss Holdings BV, and VisiPak.
Request Report TOC @ https://www.futuremarketinsights.com/askus/rep-gb-4648
Future Market Insights (FMI) is a leading market intelligence and consulting firm. We deliver syndicated research reports, custom research reports and consulting services, which are personalized in nature. FMI delivers a complete packaged solution, which combines current market intelligence, statistical anecdotes, technology inputs, valuable growth insights, an aerial view of the competitive framework, and future market trends.
Future Market Insights
616 Corporate Way, Suite 2-9018,
Valley Cottage, NY 10989,
This release was published on openPR.
Permanent link to this press release:
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Blister Packaging Market will Register a CAGR of 6.6% through 2017 - 2027 here
News-ID: 1056169 • Views: 209
More Releases from Future Market Insights
How Changing Dynamics of Cable Testing Market are Reflecting on Growth Strategie …
Global Cable Testing Market: Introduction The cost of the substitution of cables that are concealed is very high. Faults in the cable, bending, kinking, and crushing, are not always visible, which has created the requirement for cable testing. Thus, cable testing helps check the cable functionality, cable quality, and cable conformity. Several times, cable testing by visual inspection is an effective way of identifying the actual problem before it causes any
How Transformative Trends in Self-Organising Network Market are Molding Strategi …
Self-Organising Network: Introduction With accelerated advancements and increasing complexities in the radio network technologies, such as those utilised for the development of LTE and 5G networks, which are used for planning, management, configuration, healing and optimisation, are required to be automated to facilitate efficiency. At present, suppliers are offering self-organising networks that possess the ability to offer optimum performance. Self-organising networks are use cases that perform network governance, including network planning,
Mining Vehicle AC Kits Market: Exploring the Impact of Trends on Strategies of K …
Mining Vehicle AC Kits Market: Introduction Cabin space in mining equipment has become more sophisticated in the recent past. The installation of mining vehicle AC kits has evolved from an optional feature to a necessary feature. Mining equipment manufacturers have made advancements in technology related to efficiency, performance and cost of air conditioning systems in order to make them affordable and economical to enable low-budget and compact installations without compromising on
Key Factors to Fuel Growth of the Talent Acquisition & Staffing Technology and S …
With the growing importance of recruiting and retaining top talent effectively and efficiently, smart hiring processes are the need of the hour. It is about time organisations move beyond merely scrutinising resumes. Salaries and benefits are important factors, but adopting ways that would make candidates an important part of the hiring process will attract the best talent. Studies reveal that due to discrepancies in existing Applicant Tracking Systems (ATS), hiring
More Releases for CAGR
Wireless Charging Industry Climbing Towards CAGR 45.5%
According to a recent report published by Allied Market Research, titled, Global Wireless Charging Market by Technology and Industry Vertical: Global Opportunity Analysis and Industry Forecast, 2018-2025, The global wireless charging market was valued at $5,220.0 million in 2017, and is projected to reach $71,213.0 million by 2025, registering a CAGR of 38.7% from 2018 to 2025. At present, Asia-Pacific dominates the market, followed by North America. In 2017, the U.S.
Xanthates Market CAGR to Grow at 4.7%
Persistence Market Research in its latest report projects that the global xanthates market will grow at a CAGR of 6.1% over the forecast period (2017-2025). Owing to Xanthates’ excellent mineral ore processing capabilities, its global sales have witnessed a significant rise in recent years. Mining complexity and declining ore quality have led to a major increase in demand for specialty chemicals to process ores. Towards the end of 2025, around
Global Serious Games Market Show 19.2% CAGR
A new report added by Allied Market Research, forecast that the global serious games market was valued at $2,731 million in 2016, and is projected to reach $9,167 million by 2023, growing at a CAGR of 19.2% from 2017 to 2023. The consumers segment is anticipated to grow at the highest rate during the forecast period. Asia-Pacific generated the highest revenue in the global serious games market in 2016 due to
Biogas Market CAGR to Grow at 6.5%
Global demand for biogas has witnessed a spike in demand, owing to mounting concerns over depleting fossil reserves and environmental impact of conventional fuels. According to Future Market Insights, global biogas market revenues totalled nearly US$ 24.5 Bn in 2015. During the forecast period 2016-2026, global biogas revenues are estimated to reach US$ 48, 761.2 million, growing at a steady 6.5% CAGR. Between 2016 and 2026, the global biogas revenues
Bioinsecticides market expecting CAGR 5.4%
Reports And Markets Publish a New Market Research Report On –"Bioinsecticides market- Growth, Trends, Forecast for the period (2017 - 2022)" Access Full Report With Table Of Contents @ https://www.reportsandmarkets.com/reports/1071910-global-bioinsecticides-market-growth-trends-forecast-for-the-period-2017-2022 Pesticides constitute the largest category within the market for crop protection chemicals, with biopesticides accounting for a comparatively minute share. Global consumption of synthetic insecticides is projected to reach 833.32 thousand tons by volume and USD 19.6 billion by value by 2020
Biofertilizers Market witnessing a CAGR of 13.3%
Reports And Markets Publish a New Market Research Report On –"Biofertilizers Market - By Microorganism, Application and Geography - Trends and Forecasts (2016 -2021)" Access Full Report With Table Of Contents @ https://www.reportsandmarkets.com/reports/1071907-global-biofertilizers-market-by-microorganism-application-forecasts-2016-2021 Market Insights The global biofertilizers market, estimated at USD 590.9 million in 2015, is projected to reach USD 1.23 billion by 2021, witnessing a CAGR of 13.3% during the forecast period. The biofertilizers market is highly fragmented, with many small