Comprehensive Market Analysis on Blister Packaging Market projected to reach USD 46.6 Billion by 2030 | CAGR of 7.5% | Forecast period 2023-2030, published by MarketDigits

Blister Packaging Market Scope:
Market size value in 2023 - USD 28 Billion
Market size value in 2030 - USD 46.6 Billion
CAGR (2023-2030) - 7.5%
Forecast Period - 2023-2030
Segments Covered - Material, Technology, Type, End-use & Region
Geographies Covered - North America, Europe, Asia Pacific, and Row
Sample of Companies Covered - SteriPackGroup, Honeywell International Inc, Klöckner Pentaplast, ACG, SÜDPACK, Tekni Plex, Blisterpack Inc., Abhinav Enterprises, YuanPeng Plastic Products Co.

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Browse in-depth TOC on "Blister Packaging Market"
178-Tables
95-Figures
332-Pages

North America dominates the market for Blister Packaging.
North America secured a substantial market share, attributed to the presence of key healthcare end-users like Johnson & Johnson and Pfizer Inc. The region benefits from a concentration of highly advanced healthcare packaging manufacturers, contributing to the increased adoption of blister packaging. Notably, Huhtamaki is actively engaged in manufacturing blister packaging tailored for the healthcare sector in North America. Given the healthcare industry's reliance on blister packaging for safeguarding product integrity, the sector remains a major contributor to the market. Additionally, rising consumer awareness regarding the significance of safe and hygienic packaging for health is expected to drive further demand for blister packaging in the region.
The Asia Pacific region is emerging as the fastest-growing market for Blister Packaging Market due Asia Pacific is driven by increased needs in the personal care, electronics, and healthcare sectors, encompassing products like mobile charging cords, testers, generic drugs, and liquid cosmetics. The region is experiencing heightened pressure on pharmaceutical companies to meet the demands of population health management and address emerging diseases. Notably, key players such as UFlex Limited, Constantia Flexibles, and Amcor plc are contributing significantly to the growth of the blister packaging market in Asia Pacific. With China leading the way in 2022, boasting one of the largest pharmaceutical and consumer goods industries, the market benefits from the country's growing population and rising disposable income, resulting in increased demands for pharmaceuticals and consumer goods.

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Top Key Players Covered in the Report-
Amcor plc, Constantia Flexibles, UFlex Limited, Sonoco Products Company, WINPAK LTD., WestRock Company, SteriPackGroup, Honeywell International Inc, Klöckner Pentaplast, ACG, SÜDPACK, Tekni Plex, Blisterpack Inc., Abhinav Enterprises, YuanPeng Plastic Products Co., Ltd and others

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Recent Developments-
In May 2023, SÜDPACK Medica unveiled "PharmaGuard," a groundbreaking blister concept designed for solid applications. This recyclable packaging solution functions as a crucial element in enhancing the environmental sustainability of the pharmaceutical industry.

https://industrytoday.co.uk/market-research-industry-today/emerging-trends-and-innovations-for-the-blister-packaging-market-projected-to-reach-usd-466-billion-by-2030

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This release was published on openPR.