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Global Report of Pharma Blisters Packaging Market to grow at a CAGR of 6.2% during 2017-2026: Key Vendors are Honeywell International Inc., ACG Pharmapack Pvt. Ltd., Display Pack Inc., West Rock Company, Winpak Ltd., Rohrer Corporation, Sonoco Products Co
The scope of the FactMR’s report is to analyze the global pharma blisters packaging market for the forecast period 2017-2026 and offer accurate and unbiased insights to the readers. Pharma blisters packaging manufacturers, suppliers, and stakeholders in the global industry can benefit from the analysis offered in this report. In-depth analysis regarding the energy saving properties, usage benefits, and long-term maintenance is detailed in this report. The comprehensive study offers insights on various market drivers, trends, and challenges shaping the future of the market, serving as a platform for future study, interest and understanding for the leading industries, trade magazines and journals related to the global pharma blisters packaging market.
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There is a robust adoption of blisters packaging in the pharmaceutical industry, mainly driven by demand for tamper-evident & convenient packaging. Blisters packaging prevents compact medical devices and medicines from oxygen, odor, and moisture, along with enhancing their shelf life. The healthcare sector highly prefers blisters packaging on the back of its flexibility to unit-dose format coupled with extended visibility, implicit track & trace features, and expanded label content. Automation is increasingly eyed upon by vendors in the pharma blisters packaging market, in a bid to save time and reduce labor cost. Inclination toward smart blister packaging is one of the growing trends in the market. Many packaging industries are focusing on the development of smart blisters packs for combating medical counterfeiting and tracking status of drugs & medication during distribution and transportation processes.
Demand for pharma blisters packaging in North America will remain robust with increase in the patients’ poor medical compliance, which in turn leads to high hospital admissions. Many pharmaceutical packaging industries in the region are concentrating on the production of blister packages for enhancing adherence rate of patients. In addition, growing trend toward adhering to prescribed protocols in the United States healthcare system is likely to proliferate demand for pharma blisters packaging in North America. In terms of value, North America will prevail as the dominant region in the global pharma blisters packaging market.
Tablets and medical devices are anticipated to remain largest applications of pharma blisters packaging, in terms of value. This mainly driven by the rise in OTC medicines and demand for devices such as single-use inhalers. Revenues from sales of pharma blisters packaging for medical devices and tablets will collectively account for roughly three-fourth market share by 2026-end.
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Polyethylene terephthalate (PET, PETE, PETG or polyester) is expected to be preferred among materials for production of pharma blisters packaging during the forecast period. Relatively affordable costs and easy availability, along with added benefits such as ease of thermoforming are driving demand for polyethylene terephthalate for pharma blisters packaging production. Aluminum will also remain a lucrative material in the market.
Key Research Findings from FactMR’s Report
Carded pharma blisters packaging will remain sought-after among products in the market
Thermoforming will continue to be the most lucrative technology for manufacturing pharma blisters packaging
Competition Tracking
The presence of many multinational and local players has made the global pharma blisters packaging market to be fragmented in nature. Intense competition is likely to prevail in the market on the back of occupancy of several established players competing in terms of financial stability, cost, quality, product features, innovation, and performance. Key players actively underpinning the market growth include Honeywell International, Inc., ACG Pharmapack Pvt. Ltd., Display Pack, Inc., West Rock Company, Winpak Ltd., Rohrer Corporation, Sonoco Products Company, Constantia Flexibles GmbH, Bemis Company, Inc., and Amcor Limited.
Table of Contents
Global Economic Outlook
Global Pharma Blisters Packaging Market - Executive Summary
Global Pharma Blisters Packaging Market Overview
3.1. Introduction
3.1.1. Global Pharma Blisters Packaging Market Taxonomy
3.1.2. Global Pharma Blisters Packaging Market Definition
3.2. Global Pharma Blisters Packaging Market Size (US$ Mn) and Forecast, 2012-2026
3.2.1. Global Pharma Blisters Packaging Market Y-o-Y Growth
3.3. Global Pharma Blisters Packaging Market Dynamics
3.4. Supply Chain
3.5. Cost Structure
3.6. Pricing Analysis
3.7. Raw Material Sourcing Strategy and Analysis
3.8. Investment Feasibility Matrix
3.8. Competitor Mapping Footprint Matrix
3.9. New Regulations in Chemical Industry
3.10. Pestle Analysis
3.11. Porter’s Analysis
3.12. Product Life Cycle Analysis
Continued………………………………………………..
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About FactMR
FactMR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized global market research reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that's why we publish multi-industry global, regional, and country-specific research reports.
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