Blister Packaging Market: North America to Lead in Terms of Both Value & Volume

The report further studies the different blister packaging product types as well as the technologies deployed and the various types of material used in manufacturing blister packaging products. A thorough analysis of the global blister packaging market across the different assessed geographies gives a holistic view of the market in various countries across the globe. The global blister packaging market is forecasted to be valued at about US$ 10 Bn in 2017 and is anticipated to reach a market valuation of almost US$ 19 Bn by the end of 2027, with a CAGR of 6.3%.

The global blister packaging market is segmented on the basis of product type into Clamshell and Carded. The Carded segment is expected to be the largest segment during the forecast period 2017 – 2027, with an estimated value share of about 62% and reaching a market value in excess of US$ 11 Bn by the end of 2027. This reflects an increase of 60 basis points between 2017 and 2027 and a CAGR of 6.4% in terms of value during the forecast period. The Clamshell segment is anticipated to witness a value CAGR of 6.2% during this period.

Obtain Report Details @
https://www.futuremarketinsights.com/reports/blister-packaging-market

The global blister packaging market is segmented on the basis of technology type into Cold Forming Technology and Thermoforming Technology. Thermoforming Technology is the largest segment in terms of market share, estimated to hold close to 70% share by 2027 end. Revenue from the Thermoforming Technology segment will likely cross US$ 13 Bn by the end of 2027, outpacing the Cold Forming Technology segment, which will just about exceed US$ 5.5 Bn at the end of the forecast period.

The global blister packaging market is segmented on the basis of material type into Plastic (Polyimide, PVC/Vinyl, PET, PE, Others), Aluminium, Paper & Paperboard, and Others. Plastic will dominate the market in terms of revenue share followed by the Aluminium segment. Estimated to be valued at about US$ 4.2 Bn in 2017, the Plastic segment will reach a market valuation of US$ 7.7 Bn by the end of 2027, witnessing a CAGR of 6.3%. The Aluminium segment will record a CAGR of 6.5% in terms of value during the forecast period.

Make an Enquiry @
https://www.futuremarketinsights.com/reports/sample/REP-GB-4648

The global blister packaging market has been studied across the key regions of North America, Latin America, Asia Pacific Excluding Japan, Western Europe, Eastern Europe, Japan, and Middle East & Africa. North America will remain the undisputed leader in the global market, holding a market share of over 30% throughout the forecast period. Western Europe will follow second at about 23% share while APEJ will cement the third position at almost 20% value share. The rest of the regional markets will account for a market share of less than 10% during the forecast period. North America will register a CAGR of 6.6% in terms of value.

The highlight of the report is a detailed section on the competitive landscape of the global blister packaging market with profiles of some of the top companies operating in the global market. Companies featured in the report include Amcor Limited, Bemis Company, Inc., Constantia Flexibles GmbH, Sonoco Products Company, Rohrer Corporation, Winpak Ltd., West Rock Company, Display Pack, Inc., ACG Pharmapack Pvt. Ltd.

Get ToC@
https://www.futuremarketinsights.com/reports/blister-packaging-market/toc

About Us

Future Market Insights is the premier provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in London, the global financial capital, and has delivery centres in the U.S. and India.

FMI’s research and consulting services help businesses around the globe navigate the challenges in a rapidly evolving marketplace with confidence and clarity. Our customised and syndicated market research reports deliver actionable insights that drive sustainable growth. We continuously track emerging trends and events in a broad range of end industries to ensure our clients prepare for the evolving needs of their consumers.

FMI’s team of over 200 research analysts provides market intelligence at global, regional, and country level. Our analysts are committed to provide independent insights, relying on our cognitive defusion training module, which conditions them to look at data objectively and unbiasedly.

Contact

Future Market Insights
616 Corporate Way, Suite 2-9018,
Valley Cottage, NY 10989,
United States
T: +1-347-918-3531
F: +1-845-579-5705
Email:sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com

This release was published on openPR.