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Global Cold Form Blister Packaging Market Size To Grow At A CAGR Of 5.5% By 2030 - Zion Market Research

01-12-2023 11:21 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Zion Market Research

Global Cold Form Blister Packaging Market

Global Cold Form Blister Packaging Market

Global Cold Form Blister Packaging Market Size, Share, Key Players, Revenue, Segmentations by Types, Applications, Opportunities, Drivers, and Trends by 2030

Cold Form Blister Packaging Market By Material (Oriented Polyamide, Aluminum, Polyvinyl Chloride, Polypropylene, PE, And PET), By Application (Healthcare, Consumer Products, Electronics & Semiconductors, Food & Confectionery, And Others) And By Region - Global And Regional Industry Overview, Market Intelligence, Comprehensive Analysis, Historical Data, And Forecasts 2022 - 2030. The global cold-form blister packaging market size was worth around USD 3.6 billion in 2021 and is predicted to grow to around USD 6.7 billion by 2030 with a compound annual growth rate (CAGR) of roughly 7.0% between 2022 and 2030.

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A pre-formed plastic material called a blister pack is typically used to package consumer products, food, and medications. This is comprised of thermoformed plastic, with an aluminum foil lid seal. Due to the way a blister pack folds in on itself, it is also known as a clamshell. Blister packs also offer protection from environmental elements on the outside, such as moisture, light, oxygen, and other gases. It provides the maximum level of forgiving consent and product goodness.

The demand in the global cold form blister packaging market is expected to increase because of the growing requirement for the best possible safety and protection, which lengthen the product's shelf life. The primary driver anticipated to propel the cold form blister packaging market in the future is an increase in demand from the pharmaceutical industry.

The expansion of the global market is also fueled by an increase in demand for cold form packs among various end-use industries. A government program to support medical facilities could have a beneficial future effect on the growth of the cold form blister packaging business. Future market growth is expected to accelerate due to expanding urbanization and increasing disposable income. Further, packaging materials are widely used to improve environmental standards; this, in turn, is expected to foster the growth of the global cold form blister packaging market in the future. However, stringent rules and regulations act as a major challenge for the market expansion over the forecast period.

The global cold form blister packaging market is segmented based on material, application, and region.

Based on the material, the market is segmented into oriented polyamide, aluminum, polyvinyl chloride, polypropylene, PE, and PET. The polyvinyl chloride segment is expected to grow at the highest CAGR during the forecast period. PVC is an indispensable material in cold-form blister packing due to its affordability. Another argument in favor of the use of PVC in cold form blister packaging is its capacity to strengthen the packing. Because PVC is extremely stiff and guarantees geometric stability after cold forming, it is generally employed as the contact layer and seal to the aluminum foil.

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Geographically, the global cold form blister packaging market is segmented into North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. The Asia-Pacific is anticipated to hold the highest revenue share in the worldwide cold blister packaging market during the forecast period owing to the rapid expansion of end-use sectors such as healthcare, food, consumer, and industrial goods. Moreover, the regional market is anticipated to experience revenue growth throughout the forecast period as a result of factors including increased consumption of high-visibility items, expanding middle-class population, rising disposable income, and an expanding healthcare sector.

Our Free Sample Report Consists of the Following:

Introduction, Overview, and in-depth industry analysis are all included in the 2022 updated report.
The COVID-19 Pandemic Outbreak Impact Analysis is included in the package
About 227+ Pages Research Report (Including Recent Research)
Provide detailed chapter-by-chapter guidance on the Request
Updated Regional Analysis with a Graphical Representation of Size, Share, and Trends for the Year 2022
Includes Tables and figures have been updated
The most recent version of the report includes the Top Market Players, their Business Strategies, Sales Volume, and Revenue Analysis
Zion Market Research Methodology

Browse Detailed Report @ https://www.zionmarketresearch.com/report/cold-form-blister-packaging-market

Recent Development:

In April 2021, a contract packaging service has been introduced by Sepha, a company that specializes in pharmaceutical packaging and equipment, to fulfill the growing need for small-batch production. Sepha's new contract packaging service is geared toward the pharmaceutical, nutraceutical, and medical device industries and focuses on offering blister and medical device packs in quick turnarounds in limited volume runs at reasonable prices. Customers can take advantage of prompt and adaptable manufacture of packs for testing, research, and sampling, regardless of the availability of bigger blister pack lines.

In March 2020, Pharma works, a maker of blister packaging technology for the consumer products, pharmaceutical, and contract packaging industries, was acquired by ProMach, a provider of packaging machinery solutions. The goal of this endeavor is to increase the number of blister packaging applications and ProMach's product line.

The global cold form blister packaging market is dominated by players like:

Bemis Company Inc.
Amcor plc
CONSTANTIA
Winpak Ltd.
Bilcare Research
Uflex Limited
Svam Toyal Packaging Industries Pvt. Ltd.
Tekni-Plex
Ningbo Dragon Packaging Technology Co Ltd
Essentra plc
Rollprint.
Wasdell Packaging Group
Haishun New Pharmaceutical Packaging Ltd.
Flexi Pack.
Accupack
WISESORBENT TECHNOLOGY LLC
Aphena Pharma Solutions
Nuplas Industries.
ROPACK INC
Green Pack Foils Pvt. Ltd

The global cold form blister packaging market is segmented as follows:

By Material

Oriented Polyamide
Aluminum
Polyvinyl Chloride
Polypropylene
PE
PET

By Application

Healthcare
Consumer Products
Electronics & Semiconductors
Food & Confectionery
Others

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By Region

North America
The U.S.
Canada
Europe
France
The UK
Spain
Germany
Italy
Rest of Europe
Asia Pacific
China
Japan
India
South Korea
Southeast Asia
Rest of Asia Pacific
Latin America
Brazil
Mexico
Rest of Latin America
Middle East & Africa
GCC
South Africa
Rest of the Middle East & Africa

FREQUENTLY ASKED QUESTIONS

Which key factors will influence the cold form blister packaging market growth over 2022-2030?
What will be the value of the cold form blister packaging market during 2022-2030?
Which region will contribute notably towards the cold form blister packaging market value?
Which are the major players leveraging the cold form blister packaging market growth?

What's included In the Report?

Top Market Players with Sales, Revenue, and Business Strategies Analysis
Market Growth Drivers and Restraints
Market Opportunities & Challenges
Research Methodology
Analysis of the market of various perspectives

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About Us:

Zion Market Research is an obligated company. We create futuristic, cutting-edge, informative reports ranging from industry reports, the company reports to country reports. We provide our clients not only with market statistics unveiled by avowed private publishers and public organizations but also with vogue and newest industry reports along with pre-eminent and niche company profiles. Our database of market research reports comprises a wide variety of reports from cardinal industries. Our database is been updated constantly in order to fulfill our clients with prompt and direct online access to our database. Keeping in mind the client's needs, we have included expert insights on global industries, products, and market trends in this database. Last but not the least, we make it our duty to ensure the success of clients connected to us-after all-if you do well, a little of the light shines on us.

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