Europe Blister Packaging Market 2020 Business Scenario - Amcor Ltd, Bemis Company Inc., Westpack, Sonoco Products Company

Europe Blister Packaging Market - Growth, Trends, And Forecast (2020 - 2023)

The report presents an in-depth assessment of the Europe Blister Packaging including enabling technologies, key trends, market drivers, challenges, standardization, regulatory landscape, deployment models, operator case studies, opportunities, future roadmap, value chain, ecosystem player profiles and strategies. The report also presents forecasts for Europe Blister Packaging investments from 2020 till 2023.

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The Europe Blister Packaging market is highly competitive and consists of a number of major players. Companies, like Amcor Ltd, Bemis Company Inc., Westpack, Sonoco Products Company, Honeywell, International Inc., Mts Medication Technologies, Reynolds Packaging, The Dow Chemical Company, Uhlmann Group, Rohrer Corporation, Pharma Packaging Solutions, Tekni-Plex Inc among others.

The scope of the report is limited to products offered by major players, including providers of products and the distribution channels used for their sale, while the regions considered in the scope of the report include the major countries of Europe. The study also emphasizes on the major trends in the market and major drivers for the growth of the market.

The European pharmaceutical industry has undergone rapid changes over time. 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 the packaging industry. Blister packaging technology offers a clearly marked individual dose for patients, which is fully protected against hostile external conditions. It is relatively easier and convenient to handle and store blister packaging than other conventional packages.
Latest news and developments:

June 26, 2019: Amcor has teamed with British multinational pharmaceutical company GSK to develop an enhanced moisture barrier blister pack which protects its Pakistani market's antibiotic against the hot climate. The global packaging giant also worked with machine manufacturer CAM-Partena and the project resulted in a solution based on the Formpack Dessiflex Ultra, a desiccated blister system with a special lidding foil. Conventional blister packs are a proven solution for protecting pharmaceutical products and offer on-the-go convenience to patients. However, in some extreme conditions such as tropical climates, or highly moisture-sensitive products, there is a need for extra product protection. The Formpack Dessiflex Ultra new blister system offers a number of advantages over the previous solution of tablets inside a glass bottle, as well as over standard aluminum blister packs.

January 19, 2015: Amcor Flexibles introduces its patented Amcor Opening Feature (AOF) for child-resistant blister lidding to complement its diverse product portfolio in Pharmaceutical packaging. This technology has been readily available on pouch stock and stick packs for the Pharmaceutical market, and the first products using AOF on blister lidding were commercially launched in December 2014. With AOF, blister contents are easily accessed with a targeted push-through motion rather than the traditional peel or peel-push method often required for child resistance. The result is improvements in senior-friendliness, child-resistance, and sustainability.

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Key Market Trends:

Rising Geriatric Population and Prevalence of Diseases, Coupled with Merits of Blister Packaging

The total population of Eurozone was estimated to be 511.81 million in 2016, according to Eurostat, with 19.2% belonging to the age group of 65 and above (0.3% increase from 2015 and 2.4% increase over 10 years). Italy (22.0%), Greece (21.3%), Germany (21.1%) and Ireland (13.2%) accounted for the highest share of their respective population of 65 years and above. As of 2015, the median age observed was 42.4 years, highlighting that half the population of EU-28 was above 42.6 years (an increase by 4.1 years from 2001). As stated by Eurostat, the old age dependency ratio is projected to double from 29.3% in 2016 to almost 52.3% by 2080, which indicates the aging population of EU-28. Increasing life expectancy due to the advent of different pharmaceutical and medical advances and population aged above 85, have also been projected to increase gradually over the forecast period, which is expected to increase the consumption of pharmaceuticals. This will eventually drive the growth of the market for blister packaging.

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The key insights of the Blister Packaging Market report:

The report provides key statistics on the market status of the Blister Packaging market manufacturers and is a valuable source of guidance and direction for companies and individuals interested in the industry.
The report provides a basic overview of the industry including its definition, applications and manufacturing technology.
The Blister Packaging market report presents the company profile, product specifications, capacity, production value, and 2015-2020 market shares for key vendors.
The total market is further divided by company, by country, and by application/type for the competitive landscape analysis.
The report estimates 2020-2023 market development trends of Blister Packaging Market.
Analysis of upstream raw materials, downstream demand and current market dynamics is also carried out
The report makes some important proposals for a new project of Blister Packaging Industry before evaluating its feasibility.

Finally, Blister Packaging Market report is the believable source for gaining the market research that will exponentially accelerate your business. The report gives the principle locale, economic situations with the item value, benefit, limit, generation, supply, request and market development rate and figure and so on. Blister Packaging industry report additionally Present new task SWOT examination, speculation attainability investigation, and venture return investigation.

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