Blister Packaging: Global Market Outlook to 2026 - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--Aug 30, 2018--The “Blister Packaging - Global Market Outlook (2017-2026)” report has been added to ResearchAndMarkets.com’s offering.
According to the report, the Global Blister Packaging market accounted for $5.54 billion in 2017 and is expected to reach $14.29 billion by 2026, growing at a CAGR of 8.5%.
Some of the factors fuelling the market growth are increasing disposable incomes, growing demand for amper-evident and convenient packaging, rising demand of packaging from various end users and technological advancements in packaging.
However, conventional materials used in packaging that cause severe health issues, huge competition levels from flexible parenteral solutions, and are less suitable for packaging heavy items are restricting the market.
In addition, increasing investments in R&D and rising shift towards smart blister packaging are some of the opportunities during the forecast period.
Thermoforming technology has acquired the highest market share as this technology is extensively applicable in manufacturing plastic and aluminum blister packs as it requires less initial costs compared to other packaging techniques. The demand for carded blister packaging is increasing rapidly as this type of packaging has the capacity to mold in different shapes and also helps products to be safe preventing from damage.
North America is dominating the market and the factors favouring the growth of this region are growing demand for packed products, increase in healthcare awareness and technological improvements in pharmaceutical & medical industries are fuelling healthcare packaging which in turn favors blister packaging market growth.
Key Topics Covered
1 Executive Summary
3 Market Trend Analysis
4 Porter’s Five Forces Analysis
5 Global Blister Packaging Market, By Technology
6 Global Blister Packaging Market, By Material Type
7 Global Blister Packaging Market, By Type
8 Global Blister Packaging Market, By End-User
9 Global Blister Packaging Market, By Geography
10 Key Developments
11 Company ProfilingE. I. Du Pont De Nemours and Company Amcor Limited Pharma Packaging Solutions The DOW Chemical Company Honeywell International Inc. Bemis Company Inc. Sonoco Products Company Westrock Company Tekni-Plex Inc. Display Pack Inc. Constantia Flexibles GmbH Klockner Pentaplast Group Winpak Ltd. Rohrer Corporation FormPaks International Co. Ltd.
For more information about this report visit https://www.researchandmarkets.com/research/cbxd36/blister?w=4
View source version on businesswire.com:https://www.businesswire.com/news/home/20180830005611/en/
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Related Topics:Pharmaceutical Packaging
INDUSTRY KEYWORD: MANUFACTURING PACKAGING
SOURCE: Research and Markets
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PUB: 08/30/2018 11:54 AM/DISC: 08/30/2018 11:54 AM