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Blister Packaging Market 2022 Analysis of Key Trends, Industry Dynamics and Future Growth 2030 with Top Countries Data

05-24-2022 12:35 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: We Market Research

Blister Packaging Market

Blister Packaging Market

The Blister Packaging Market is expected to reach USD 41.1 billion by the year 2030 from $ 24.1 billion in the year 2020. It is expected to grow at a CAGR of 7.2 % during the forecasted period.

Blister packaging is a type of pre-formed plastic packaging that consists of a thermoformed plastic cavity and a paper or aluminium foil back. This style of packaging allows customers to see a big portion of the content while keeping it safe from heat, UV radiation, humidity, and contamination. As a result, cartons are no longer required, and packaging expenses are reduced. It is also widely used for packaging toys, consumer products, food, and medications since it allows for ease product handling and transportation.

Because blister packing provides a higher barrier to tampering, it is widely employed in the pharmaceutical and non-pharmaceutical industries. The ease of mobility and convenience element associated with carded and clamshell blister packs make them a popular choice among consumers. As demand for branded and generic medications continues to rise, the global blister packaging market is expected to see a significant increase post-pandemic.

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Blister packaging solutions are moulded plastic pieces that are usually sealed to a sheet of paper or aluminium and are used to package things like tablets or large quantities of low-cost consumer electronics. Plastic substrates as a forming film and paper & paperboard or aluminium as lidding materials are the most common materials utilised in this type of packaging. This sort of packaging has a number of advantages over other packaging options, including cost savings, ease of handling, and protection for each individual wrapped item.

Global Blister Packaging Market- Segmental Analysis
Blister packaging market based on Product type:
There are two types of product in this segment:
• Clamshell
• Carded

Blister Packaging market by Technology:
The market for blister packaging based on technology is further classified into two:
• Cold Forming
• Thermoforming

Blister Packaging Market based on Materials
The segmentation based on Materials is further classified into:
• Plastic films
• Aluminium
• Paper & Paper board

Blister Packaging Market: End-user Segment Analysis
The market for blister packaging is growing and the most important end-user segment is pharmaceuticals and healthcare. With the effects of the pandemic, the need for safe and cost-effective packaging solutions is a necessity for the pharma sector. This has risen the demand for blister packaging which keeps away moisture and UV rays from affecting the pharma products.
Other sectors such as Consumer Goods and the Food industry too form a part of the end-user segmentation for blister packaging market.

Blister Packaging Market: Competitive Landscape
Blister packaging industry is quite fragmented. Mergers and acquisitions, along with partnerships have ensured that strategies keep changing for vendors. The strategies become critical for product development that can be accepted by end-user segment. Materials required for packaging undergo strict quality tests to ensure that contamination cases do not arise for impacting health of consumers.
January 2020 saw the partnership between Moda and Amcor for offering innovative solutions for packaging. Both have the capability of offering different innovations and solutions for flexible packaging. Both provide new resources for helping in gaining and thereby strengthening their position in the industry with regards to flexible packaging.
Again in January 2020, the AptarGroup which is a leader among the material science and packaging solutions sector, established an integrated Active Blister Packaging perfect solution that combined oxygen scavenging and moisture absorption capabilities. This will help in providing integrated solutions of the highest level for the industry of pharmaceutical products.

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FREQUENTLY ASKED QUESTIONS?
Q1. What will be the Blister Packaging Market Size From 2021 to 2030?
Q2. What is the CAGR of Blister Packaging Market?
Q3. How can I get sample report of Blister Packaging Market?
Q4. Which is the base year calculated in the Blister Packaging Market report?
Q5. Which are the top companies in the Blister Packaging Market?
Q6. What are the segments of Blister Packaging Market?
Q7. What are the key trends in the Blister Packaging Market report?
Q8. Which region holds the maximum market share of the Blister Packaging Market?
Q9. How will the COVID-19 pandemic impact the Blister Packaging Market in 2021?

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About We Market Research
WE MARKET RESEARCH is an established market analytics and research firm with a domain experience sprawling across different industries. We have been working on multi-county market studies right from our inception. Over the time, from our existence, we have gained laurels for our deep rooted market studies and insightful analysis of different markets.
Our strategic market analysis and capability to comprehend deep cultural, conceptual and social aspects of various tangled markets has helped us make a mark for ourselves in the industry. WE MARKET RESEARCH is a frontrunner in helping numerous companies; both regional and international to successfully achieve their business goals based on our in-depth market analysis. Moreover, we are also capable of devising market strategies that ensure guaranteed customer bases for our clients.

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