Rising Consumption of Packaged Products is Proliferating the Growth of the Global Blister Packaging Market

According to the MarkNtel Advisors' research report, "Global Blister Packaging Market Analysis, 2021," the market is likely to grow at a CAGR of 7% during 2021-26. The market growth is primarily due to the surge in need for a high level of product safety and incorporation of technologies by the packaging industry to provide individual security throughout the supply chain.

Further, the inclination of packaging companies towards a cost-effective and high-quality alternative to manufacturing convenient packs for the end-users has fueled the growth of the market. Blister packaging offers the option of customized packaging, thereby increasing the global sales footprints.

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Key questions answered in the study
1. What are the current and future trends in the Global Blister Packaging market?
2. How has the industry been evolving in terms of geography and services adoption?
3. How has the competition been shaping across the countries, followed by their comparative factorial indexing?
4. What are the key growth drivers and challenges for the Global Blister Packaging market?
5. What are the customer orientation, purchase behavior, and expectations from the Global Blister Packaging market service provider across various regions?

Plastic Films Accounted for the Largest Market Share

Based on the Material, the Plastic Film segment acquired the largest share in the Global Blister Packaging Market in 2019 due to an increase in the requirement of air-resistant packaging options among various end-users.

The use of Plastic Film based packaging is high as it offers maximum protection to products from external surroundings, such as UV rays, water vapors, and dust. Furthermore, it also provides moisture and oxygen barriers. Thus, the demand for Plastic film base blister packaging is highest among all the packaging materials.

"Global Blister Packaging Market Analysis, 2021" provides comprehensive qualitative and quantitative insights on the market potential, key factors impacting the market growth, hotspots, and opportunities available for Blister Packaging providers across the globe.

For detailed analysis: https://www.marknteladvisors.com/research-library/global-blister-packaging-market.html

Moreover, the report also encompasses the key strategic imperatives for success for competitors and strategic factorial indexing measuring competitor's capabilities on 16 parameters, which will help companies formulate 'Go to Market' strategies and identify the blue ocean for their offerings.

Household Segment Industry Exhibits Fastest Growth
Based on the end-user, the household segment is likely to grow at a considerable rate in the Global Blister Packaging Market. It offers transparent covering that increases the product visibility and enables the customer to see what they're buying.

Blister Packaging offers customized packing options and graphic insertion on the pack that facilitates the product's shelf appeal. Thus, aid the sales footprint, thereby driving the growth of the overall blister market across the world, reveals MarkNtel Advisors in their research report, "Global Blister Packaging Market Analysis, 2021."

According to MarkNtel Advisors, the major leading players in the global Blister Packaging market are Amcor PLC, Westrock Company, Constantia Flexibles GmbH, Sonoco Products Company, DuPont de Nemours, Inc., Blisterpak, Inc., Sinclair & Rush, Inc., Steripack, Mister Blister Limited, Formpaks International Co. Ltd.

Market Segmentation:
1. By Type (Blister Tray, Slide Blister Packaging, Vacuum Formed Blister Trays, Blister Clamshells)
2. By Technology (Cold Forming, Thermoforming)
3. By Material (Paper & Paperboard (SBS, WLC, Others), Plastics Films (PE, PVC, PET, Others), Aluminum, Others)
4. By End-User (Pharmaceutical & Healthcare, Food, Cosmetic, Electronics, Household Goods, Toys & Stationery)
5. By Region (North America, South America, Europe, Asia-Pacific, Middle East, and Africa)
6. By Country (U.S, Canada, Brazil, Argentina, Mexico, Germany, France, The U.K, Spain, Italy, China, India, Japan, Australia, Indonesia, Thailand, UAE, Saudi Arabia, South Africa, Turkey, Nigeria)
7. By Competitors (Amcor PLC, Westrock Company, Constantia Flexibles GmbH, Sonoco Products Company, DuPont de Nemours, Inc., Blisterpak, Inc., Sinclair & Rush, Inc., Steripack, Mister Blister Limited, Formpaks International Co. Ltd)

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MarkNtel Advisors is a leading research, consulting and data analytics firm that provides a wide range of strategic reports on diverse industry verticals to a substantial and varied client base that includes multinational corporations, financial institutions, governments, and individuals.

We specialize in niche industries and emerging geographies to support our clients in the formulation of strategies viz. Go to Market (GTM), product development, feasibility analysis, project scoping, market segmentation, competitive benchmarking, market sizing & forecasting, trend analysis, etc. in around 15 industry verticals to enable our clients in identifying attractive investment opportunities and maximizing ROI through an early mover advantage.

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