Press release
Blister Packaging Market to Reach USD 42.49 Bn by 2029, emerging at a CAGR of 8.82 percent and forecast 2023-2029
Blister Packaging Market
The report spotlights the prevalence of blister packaging in both the pharmaceutical and non-pharmaceutical sectors due to its robust tamper-proofing capabilities. Blister packs, such as carded and clamshell varieties, are favored for their mobility and convenience, making them a popular choice among consumers. A primary driver for the blister packaging market is its preference in the pharmaceutical industry over traditional cartons or boxes. The market further thrives due to increasing consumer demand, growth in consumer goods, and veterinary needs. Recommendations for pharmaceutical packaging and the expanding pharmaceutical industry are also contributing to the growth of blister packaging manufacturers. The shift in consumer demand towards unit-dose blister packaging in the pharmaceutical sector is another notable trend, and the use of blister packs extends to various industries, including culinary, industrial, and consumer goods. Besides offering an excellent display, blister packaging is cost-effective, using fewer packing resources and taking up less shelf space, thus promoting its widespread use.
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Blister Packaging Market Research Methodology:
Maximize's report is built on a robust research methodology that involves primary interviews and secondary data sources. The primary sources include industry professionals, such as CEOs, vice presidents, marketing directors, technology and innovation directors, and executives from significant organizations in the blister packaging market. Primary interviews were conducted on both the supply and demand sides. Secondary sources used for data collection include annual reports, press releases, investor presentations, white papers, reputable articles, and databases. The report utilizes various analytical tools such as the value chain analysis, PESTLE analysis, and the PORTER'S Five Forces model to offer comprehensive market insights.
What are Blister Packaging Market Dynamics:
Consumer demand has moved away from conventional bottles in favor of unit-dose blister packaging for pharmaceutical goods. This shift extends to the healthcare industry, with blister packs being used to package drugs and medical equipment. They also find applications in culinary, industrial, and consumer goods sectors. Blister packaging's cost-effectiveness, along with its space-saving design, has made it an attractive option in comparison to traditional hard bottles. These factors are driving the growth of the blister packaging market.
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What is Blister Packaging Market Segmentation:
by Type
Carded
Clamshell
by Material Type
Plastic
Paper
Aluminum
by End User
Food
Consumer Goods
Pharmaceutical
Others
by Packaging Machine
Roller Type
Roller-Plate Type
Plate Type
by Technology
Thermoforming
Cold Forming
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Who are Blister Packaging Market Key Players:
1. Bemis Company, Inc. (US)
2. Nosco Inc. (US)
3. The Dow Chemical Company (US)
4. WestRock Company (US)
5. Sonoco Products Company (US)
6. Rohrer Corporation (US)
7. CONSTANTIA (Austria)
8. Klöckner Pentaplast (Luxembourg)
9. DuPont (US)
10.Honeywell International Inc. (US)
11.Tekni-Plex. (US)
12.DISPLAY PACK (US)
13.Winpak Ltd (Canada)
14.Perlen Packaging (Switzerland)
15.SteriPack Group (Ireland)
16.Amcor Limited (Australia)
17.CPH GROUP (Australia)
18.ACG (India)
19.UFlex Limited (India)
20.Shanghai Haishun (China)
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Table of content for the Blister Packaging Market includes:
Blister Packaging Market: Research Methodology
Blister Packaging Market: Executive Summary
Market Overview and Definitions
Introduction to the Global Market
Summary
Key Findings
Recommendations for Investors
Recommendations for Market Leaders
Recommendations for New Market Entry
3.Blister Packaging Market: Competitive Analysis
MMR Competition Matrix
Market Structure by region
Competitive Benchmarking of Key Players
Consolidation in the Market
MandA by region
Key Developments by Companies
Market Drivers
Market Restraints
Market Opportunities
Market Challenges
Market Dynamics
PORTERS Five Forces Analysis
PESTLE
Regulatory Landscape by region
North America
Europe
Asia Pacific
Middle East and Africa
South America
COVID-19 Impact
4.Company Profile: Key players
Company Overview
Financial Overview
Global Presence
Capacity Portfolio
Business Strategy
Recent Developments
Blister Packaging Market Regional Insights:
North America: The North American blister packaging market is poised for high growth during the forecast period, driven by rapid industrialization, significant investments from governments, and a burgeoning healthcare and cosmetics sector. The robust pharmaceutical industry in the United States, characterized by increased per capita consumption and expenditure on pharmaceutical products, is a primary contributor to this market's growth. The presence of major pharmaceutical corporations in the country, such as Pfizer Inc, Johnson & Johnson, Eli Lilly and Company, and AbbVie Inc., further accelerates market expansion.
Asia Pacific: The Asia Pacific region dominated the blister packaging market in 2022, capturing approximately 43% of the market share. The region's rapid economic growth and the promising pharmaceutical sector have played a crucial role in its dominance. The presence of numerous pharmaceutical prescription plants, along with the region's large population, has driven product growth. Additionally, countries like China, South Korea, and India are witnessing growth in the blister packaging market due to rising healthcare expenditures and increased disposable income.
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Key Offerings:
Past Market Size and Competitive Landscape (2022 to 2029)
Past Pricing and price curve by region (2022 to 2029)
Market Size, Share, Size and Forecast by different segment | 2022-2029
Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
Market Segmentation - A detailed analysis by growth and trend
Competitive Landscape - Profiles of selected key players by region from a strategic perspective
Competitive landscape - Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER's analysis
Value chain and supply chain analysis
Legal Aspects of business by region
Lucrative business opportunities with SWOT analysis
Recommendations
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