Blister Packaging Market 2021 by Size, Share & Technology Trends, Material Used, Forms, Application, Industry Analysis and Forecasts 2025
The report entitled blister packaging market gives a detailed idea of various technologies used by the manufacturers and industry experts to enhance the technological intervention in the market.
Dallas, USA – March 24, 2021 /MarketersMedia/ —
The global Blister Packaging market size is anticipated to expand over USD 35 billion by 2025. Blister packaging is a plastic packaging which is primarily used to pack consumer goods, pharmaceuticals, and products. Its multiple advantages comprising transparency, long shelf life, along with impact withstanding capacity are escalating the industry growth. It further protects packed product from external environments, including dirt, contamination, and humidity. In addition, the product is extensively used to wrap products including toys, electronic items, and household items.
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Rising demand for tamper free and safe packaging along with increasing focus to adopt improved packaging practices is stimulating the industry landscape. The product provides protection from contamination along with protection from oxygen, humidity, and temperature, which improves shelf life in turn is augmenting the product demand. Moreover, shifting preference toward smart blister packaging technologies along with industry efforts effective packaging solutions is poised to positively sway the industry landscape.
The report also throws light on various aspects of the global Blister Packaging industry by assessing the market using value chain analysis. The report covers several qualitative aspects of the Blister Packaging industry in market drivers, market restraints and key industry trends. Furthermore, the report provides an in-depth assessment of the market competition with company profiles of global as well as local vendors.
The Blister Packaging market holds a strong competition among the well-established and new emerging players. These market players target to gain a competitive advantage over the other players by participating in partnerships, mergers, and acquisitions and expanding their businesses.
The Blister Packaging market is categorized into consumer goods, food & beverages, healthcare, industrial goods, and others on the basis of application. The healthcare segment is expected to expand at a growth rate of around 7% over the forecast period. The rising awareness about healthcare along with ongoing research & development activities across the sector is expected to catapult the segment growth over the forecast timeframe.
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North America is analyzed to hold a significant share in the coming years. Over the years, increasing healthcare awareness, along with ongoing innovation & technological expansions across the pharmaceutical industries is driving the industry share. Furthermore, the steady growth across various industries including consumer goods, food & beverages, e-commerce is expected to stimulate the business landscape over the forecast timeframe.
The major players operating across the global Blister Packaging market include Dow Chemical Company, Bemis Company, Inc., WestRock Company, Sonoco Products Company, E.I. du Pont de Nemours and Company, Constantia Flexibles and Klockner Pentaplast Group, including others. The industry for Blister Packaging is integrated with the participation of established global players across the globe. In addition, these companies are focusing on expanding their footprint through implementation of inorganic as well as organic strategies which in turn is proliferating the business outlook.
Segment overview of Blister Packaging market
Material Overview, 2018-2025, (USD Billion and kilotons)
Paper & Paperboard
Plastic Films
Aluminum
Technology Overview, 2018-2025, (USD Billion and kilotons)
Thermoforming
Cold Forming
Application Overview, 2018-2025, (USD Billion and kilotons)
Consumer Goods
Food & Beverages
Healthcare
Industrial Goods
Others
Type Overview, 2018-2025, (USD Billion and kilotons)
Clamshell
Carded
Regional Overview, 2018-2025, (USD Billion and kilotons)
North America
Europe
Asia Pacific
Middle East & Africa
South America
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Adroit Market Research is an India-based business analytics and consulting company incorporated in 2018. Our target audience is a wide range of corporations, manufacturing companies, product/technology development institutions and industry associations that require understanding of a market’s size, key trends, participants and future outlook of an industry. We intend to become our clients’ knowledge partner and provide them with valuable market insights to help create opportunities that increase their revenues. We follow a code – Explore, Learn and Transform. At our core, we are curious people who love to identify and understand industry patterns, create an insightful study around our findings and churn out money-making roadmaps.
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Website: https://www.adroitmarketresearch.com/industry-reports/blister-packaging-market
Source: MarketersMedia
Release ID: 89002497