Blister Packaging Market Precise Outlook 2020- AMCOR Limited, Bemis Company Inc., Westrock Company, Constantia Flexibles GmbH

Blister Packaging Market - Growth, Trends, And Forecast (2020 - 2025)

The Blister Packaging Market covers important aspects of this market concerning fundamental parameters. The report explains outline of the business range, concentrating on the overall industry, development possibilities, types and application. It brief Blister Packaging summary of the market considering the current and future scenarios. It also provides information in terms of development and its capacities.

The global blister packaging market was valued at USD 18.88 billion in 2019, and it is expected to reach a value of USD 25.78 billion by 2025, at a CAGR of 6.31% during the forecast period (2020-2025).   

The Blister Packaging market is highly competitive and consists of a number of major players: AMCOR Limited, Bemis Company Inc., Westrock Company, Constantia Flexibles GmbH, Sonoco Products Company., Klockner Pentaplast Group, E.I.Du Pont De Nemours and Company, Pharma Packaging Solutions, Tekni-Plex, Inc., Winpak Ltd., Nosco Inc., Perlen Packaging and The DOW Chemical Company and Others

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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.

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.

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Europe to Hold a Significant Share

- The pharmaceutical and healthcare industry holds the dominant share of the blister packaging market in Europe. 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 European 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 Europe, 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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What are the market factors that are explained in the report?

–Key Strategic Developments: The study also includes the key strategic developments of the market, comprising R&D, new product launch, M&A, agreements, collaborations, partnerships, joint ventures, and regional growth of the leading competitors operating in the market on a global and regional scale.

–Key Market Features: The report evaluated key market features, including revenue, price, capacity, capacity utilization rate, gross, production, production rate, consumption, import/export, supply/demand, cost, market share, CAGR, and gross margin. In addition, the study offers a comprehensive study of the key market dynamics and their latest trends, along with pertinent market segments and sub-segments.

–Analytical Tools: Blister Packaging Market report includes the accurately studied and assessed data of the key industry players and their scope in the market by means of a number of analytical tools. The analytical tools such as Porter’s five forces analysis, feasibility study, and investment return analysis have been used to analyzed the growth of the key players operating in the market. 

The research includes historic data from 2025 to 2020 and forecasts until 2025 which makes the reports an invaluable resource for industry executives, marketing, sales and product managers, consultants, analysts, and other people looking for key industry data in readily accessible documents with clearly presented tables and graphs.

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