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Global Blister Packaging Market Outlook - Estimated Market Size, Trends And Forecast 2023-2032 | Amcor Limited, Bemis Company Inc., Constantia Flexibles GmbH, Display Pack Inc., E.I. Du Pont De Nemours and Company
Global Blister Packaging Market
The Business Research Company's Blister Packaging Global Market Report 2023 identifies The rising growth of the pharmaceutical industry as the major driver for the Blister Packaging market's growth in the forecast period. The pharmaceutical industry refers to the industry that discovers, develops, manufactures, and distributes medical drugs for patients' treatment. Pharma businesses increasingly rely on their packaging to safeguard and advertise various drugs and medical devices.
The global blister packaging market size is expected to grow from $21.01 billion in 2022 to $22.75 billion in 2023 at a compound annual growth rate (CAGR) of 8.3%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The blister packaging market size is expected to grow to $29.67 billion in 2027 at a CAGR of 6.9%.
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Major competitors in the Blister Packaging market are Amcor Limited, Bemis Company Inc., Constantia Flexibles GmbH, Display Pack Inc., E.I. Du Pont De Nemours and Company, Klockner Pentaplast Group, Sonoco Products Company.
A key trend in the Blister Packaging market includes Technological advancements. Major companies operating in the market are focused on innovative and advanced packaging designs to gain a competitive advantage. For instance, in April 2022, Huhtamaki, a Finland-based consumer packaging company operating in the blister packaging market, introduced the first-to-market sustainable innovative packaging product Push Tab Blister Lid for the global pharmaceutical and healthcare industry.
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The Blister Packaging market is segmented -
1. By Product Type: Clamshell, Carded.
2. By Technology Type: Cold Forming Technology, Thermoforming Technology.
3. By Material Type: Plastic, Aluminum, Paper and Paperboard, Other Materials.
4. By End-User: Food, Pharmaceuticals, Veterinary and Nutraceuticals, Medical Devices, Electronics and Electricals, Industrial Goods, Other End Users.
5. By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Asia-Pacific was the largest region in the Blister Packaging market.
The Business Research Company's "Global Blister Packaging Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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The Table Of Content For The Blister Packaging Market Include:
1. Executive Summary
2. Blister Packaging Market Characteristics
3. Blister Packaging Market Trends And Strategies
4. Blister Packaging Market - Macro Economic Scenario
5. Blister Packaging Market Size And Growth
……
26. Africa Blister Packaging Market
27. Blister Packaging Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Blister Packaging Market
29. Blister Packaging Market Future Outlook and Potential Analysis
30. Appendix
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