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Pharma Blister Packaging Market global status and business outlook 2019 to 2027

12-28-2020 07:49 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Coherent market insights

Pharma Blister Packaging Market

Pharma Blister Packaging Market

Pharmaceuticals is the largest end-use industry in the blister packaging market. Tablets and capsules are widely sold in pharma blister packaging. The advantages are assurance of product safety and product packaging. Despite its advantages, pharma blister packaging is non-biodegradable and non-recyclable. This has led to environmental concerns regarding its large scale use.

Europe was accounted for significant market share in the global pharma blister packaging market in 2017 and expected to increase during forecast period. This owing to new product launches by key players in the European market. For instance, in 2016, Klockner Pentaplast launched Pentapharm LiquiGuard, a new range of pharmaceutical blister films. The new film offers low leachability, high heat stability, odor & flavor retention, and one stage forming & packaging of hot-fill products. The product can be used in wide range of applications such as nutraceuticals, chewables, pharmaceuticals, unit dose liquids, veterinary, and formulations sensitive to flavor or odor loss packaging.

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Increasing demand for pharma blister packaging across the globe is driving pharma blister packaging market growth. This is owing to its advantages over alternatives such as cost-effectiveness, enhanced durability, tamperproof, it improves shelf life, and lower risk of contamination. Pharma blister packaging is a plastic packaging and its function is to protect the packaged material from air, moisture, and contamination from external sources.

Market Taxonomy:-

On the basis of material type, the global pharma blister packaging market is segmented into:
Polyethylene Terephthalate (PET)
Polyethylene (PE)
Polyvinyl Chloride (PVC)
Aluminum
Paper & Paper Board
Others (Cyclic Olefin Polymers, etc.)

On the basis of technology, the global pharma blister packaging market is segmented into:
Cold Forming
Thermoforming

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Players operating in the global pharma blister packaging include Amcor Plc, Wonderpack group, Bilcare Limited, Sonoco Products Company, Honeywell International Inc., ACG Pharmapack Pvt. Ltd., West Rock Company, Constantia Flexibles GmbH, WINPAK LTD, Rohrer Corporation, Accupack, Nichrome Packaging Solutions, Nirmala Industries, etc.

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About Coherent Market Insights:
Coherent Market Insights is a prominent market research and consulting firm offering action-ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity.

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