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Blister Packaging Market in the US 2018-2022|Growth Analysis and Forecast| Technavio

October 2, 2018

LONDON--(BUSINESS WIRE)--Oct 2, 2018--’s blister packaging market research report forecasts the market in the US to grow at a CAGR of over 9% during the forecast period.

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Technavio has published a new market research report on the blister packaging market in the US for the period 2018-2022 (Graphic: Business Wire)

The development of convenient blister packs will be one of the major trends in the during 2018-2022. smart blister packaging technologies have been emerging across the US because of the growing consumer requirements for convenient packaging and reduction of medicine counterfeiting. These smart technologies have been providing several advantages such as easy usage for the old age population.

This report is available at a USD 1,000 discount for a limited time only:

According to Technavio analysts, one of the key drivers for the blister packaging market in the US will be the cost benefits offered by blister packaging:

Blister packaging market in the US: Cost benefits of blister packaging

The pharmaceutical products are commonly packed in glass bottles, plastic bottles, and blister pack. The cost of packaging has a significant impact on the profitability of pharmaceutical manufacturers. In the case of pharmaceutical products, the packaging is estimated to account for around 11% of the total production cost.

According to a senior analyst at Technavio for research on packaging, “Blister packaging is predicted to be the most economical packaging method throughout the supply chain of a pharmaceutical product. The supply chain includes the packaging line operation, shipping, distribution, pharmaceutical inventory, and dispensing. Additionally, blister packaging is more sustainable as it creates less landfill when compared with glass and plastic bottle manufacturing.”

Blister packaging market in the US: Segmentation analysis

This blister packaging market analysis report segments the market in the US by components (forming film and lidding material) and by technology (thermoforming and cold forming). This blister packaging market forecast report provides an in-depth analysis of the prominent factors influencing the market, including drivers, opportunities, trends, and industry-specific challenges.

Of the two major technology segments, the thermoforming segment held the highest blister packaging market share in the US in 2017, contributing to around 52% of the market. This technology segment will dominate the market throughout the forecast period.

Looking for more information on this market?

Technavio’s sample reports are free of charge and contain multiple sections of the report such as the market size and forecast, drivers, challenges, trends, and more.

Some of the key topics covered in the report include:

Market Landscape

Market ecosystem Market characteristics Market segmentation analysis

Market Sizing

Market definition Market size and forecast

Five Forces Analysis

Market Segmentation

Geographical Segmentation

Regional comparison Key leading countries

Market Drivers

Market Challenges

Market Trends

Vendor Landscape

Vendors covered Vendor classification Market positioning of vendors Competitive scenario

About Technavio

is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 10,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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View source version on businesswire.com:https://www.businesswire.com/news/home/20181002005864/en/

CONTACT: Technavio Research

Jesse Maida

Media & Marketing Executive

US: +1 844 364 1100

UK: +44 203 893 3200

www.technavio.com

KEYWORD:

INDUSTRY KEYWORD: MANUFACTURING PACKAGING

SOURCE: Technavio Research

Copyright Business Wire 2018.

PUB: 10/02/2018 12:28 PM/DISC: 10/02/2018 12:28 PM

http://www.businesswire.com/news/home/20181002005864/en

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