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Blister Packs Market -Analysis for Changing Competitive Dynamics Forecast 2015 - 2023

08-22-2016 01:35 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Blister Packs

Blister packs is the term used for wide range of pre formed plastic packaging that are generally used for the packaging of foods, small consumer goods and pharmaceutical products. Blister packaging is an inexpensive option for creating packages that are transparent, durable and tamper proof in nature. The primary component of the blister packaging is the pocket or cavity that is manufactured using thermoformed plastics.

Blister packaging has a lidding seal of plastics or aluminium foil or has backing of paperboard. Blister packaging that has the ability to fold onto itself is known as clamshell. Blister packaging offer a wide range of benefits which include protection of the product against external factors such as contamination and humidity for extended period of time. Blister packaging that are opaque in nature also protect light sensitive products against the ultra violet radiations. The cavities for blister packaging are bored into the sheet and rolls of plastic films using pressure and heat. Blister packaging is used by manufacturing blister machine’s design: flat-plate and rotary. Materials that are commonly used in the manufacturing of blister packing include polyvinyl chloride (PVC), Polychlorotrifluoro ethylene or PCTFE among others.

Increasing population coupled with rising dependency on junk food is expected to boost several ailments among people which in turn is expected to drive the overall pharmaceutical market. Blister packaging is widely used to cover and thus, to package the medicines which are especially in the form of tablets or capsules. Thus, increase in the clinical trials and new FDA regulations within the U.S. are expected to boost the overall demand for blister packaging in the near future. Blister packaging is also widely used for effective labeling and dosages of the medicines. Blister packaging is also finding major applications in the consumer goods market. Thus, the growing demand for attractive packaging of the product is expected to drive the overall blister packaging market. Blister packaging is also widely used for the packaging of products that have to be handled with care. In addition, the growing demand from the customers for viewing the product before its purchase is expected to augment the overall demand for blister packaging market. However, growing environmental concerns regarding the usage of plastics is expected to hamper the overall demand for blister packaging. Development of bio based plastics for manufacturing blister packaging is expected to open new avenues for the market in near future.

Read More: http://goo.gl/s1WwyQ

North America is the largest consumer of blister packaging. The presence of huge pharmaceutical and healthcare industry in the region is expected to boost the overall demand for blister packaging in the region. North America is followed by Asia Pacific, owing to the presence of huge consumer goods manufacturing industry especially in China. Europe is expected to be the next largest manufacturer of blister packaging owing to the present of stringent regulations with respected to the pharmaceutical industry in the region. Theus, the blister packaging market is expected to exhibit rapid growth in the near future. Rest of the World is expected to exhibit sluggish growth in the demand for blister packaging in the near future.

The market of blister packaging is highly fragmented in nature. VisiPak, Blisterpak, Inc., Powerpak Industries L.L.C., Algus Packaging, Inc, Clearwater Packaging, Inc. and Blisters, Inc. among others are some of the major participants of the blister packaging market.

About Us

TMR is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants, use proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge.

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