Blister Packaging Market To Surpass 3,400 Kilo Tons By 2027
The global blister packaging market is expected to reach over 3,400 kilo tons by 2027, in terms of volume, exhibiting a CAGR of 4.2% over the forecast period. Blister packs are different kinds of plastic-based pre-formed packaging products that is widely used for pharmaceuticals, small sized consumer goods, and foods products. The primary component of the blister packaging products is void or cavity formed by plastic, usually thermoformed plastic. This is usually covered with lidding seal of aluminum or plastic as well as paperboard. Blister packaging offers various advantages such as protection of the packaged product from various surrounding factors such as humidity and unwanted contamination of the product for extended period of time. Get More Insights (at) https://www.coherentmarketinsights.com/market-insight/blister-packaging-market-694
The global blister packaging market is expected to reach over 3,400 kilo tons by 2027, in terms of volume, exhibiting a CAGR of 4.2% over the forecast period.
Blister packs are different kinds of plastic-based pre-formed packaging products that is widely used for pharmaceuticals, small sized consumer goods, and foods products. The primary component of the blister packaging products is void or cavity formed by plastic, usually thermoformed plastic. This is usually covered with lidding seal of aluminum or plastic as well as paperboard. Blister packaging offers various advantages such as protection of the packaged product from various surrounding factors such as humidity and unwanted contamination of the product for extended period of time.
Get More Insights (at) https://www.coherentmarketinsights.com/market-insight/blister-packaging-market-694
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GLOBAL<br />
BLISTER PACKAGING<br />
MARKET<br />
<strong>Market</strong> Size (2019)<br />
2442.7 <strong>Kilo</strong> <strong>To</strong>ns<br />
CAGR (2019 –<br />
<strong>2027</strong>)<br />
4.2%<br />
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Segmentation (Scope)<br />
<strong>By</strong> Material Type<br />
‣ Aluminum<br />
‣ Paper & Paperboard<br />
‣ Plastics<br />
<strong>By</strong> Product Type<br />
‣ Clamshells<br />
‣ Trapped blisters<br />
‣ Face seal blister<br />
‣ <strong>Blister</strong> Cards<br />
<strong>By</strong> Technology<br />
‣ Cold Forming<br />
‣ Thermoforming<br />
<strong>By</strong> Application<br />
‣ Consumer Goods<br />
‣ Electronics & Semiconductors<br />
‣ Pharmaceuticals<br />
‣ Others<br />
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Major Drivers<br />
<br />
Rise in demand for blister<br />
packaging from various<br />
end-use industries.<br />
<br />
Rise in number of partnerships &<br />
collaborations among key players.<br />
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EUROPE<br />
<strong>Market</strong> Size<br />
587.8 KILO TONS<br />
ASIA PACIFIC<br />
<strong>Market</strong> Size<br />
1,197.4 KILO TONS<br />
CAGR<br />
1.9%<br />
CAGR<br />
5.7%<br />
Major Driver<br />
<br />
Rising government initiatives for usage of<br />
biodegradable packaging<br />
Major Drivers<br />
<br />
<br />
Growth of pharmaceutical industry in the region<br />
Increasing number of collaborations among<br />
leading companies<br />
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Major Players<br />
Amcor PLC<br />
Powerpak Industries L.L.C.<br />
<strong>Blister</strong>s Inc.<br />
Clearwater packaging Inc.<br />
Honeywell International Inc.<br />
Constantia Flexibles GmbH<br />
<strong>Blister</strong>pack Inc.<br />
Westrock Company<br />
VisiPak, Sonoco Products Company<br />
Algus <strong>Packaging</strong> Inc.<br />
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Global <strong>Blister</strong> <strong>Packaging</strong> <strong>Market</strong>, Volume Share<br />
(%) Analysis, <strong>By</strong> Product Type, 2018<br />
XX%<br />
36%<br />
XX%<br />
XX%<br />
Clamshells<br />
Trapped<br />
blisters<br />
Face seal blisters<br />
<strong>Blister</strong> Cards<br />
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Global <strong>Blister</strong> <strong>Packaging</strong> <strong>Market</strong><br />
– Opportunity Analysis<br />
Opportunity<br />
Analysis<br />
Growth in investments<br />
from companies for<br />
development of<br />
recyclable blister<br />
packaging products<br />
Increasing number of<br />
partnerships &<br />
collaborations among<br />
leading companies<br />
© Coherent © Coherent <strong>Market</strong> <strong>Market</strong> Insights. All All Rights Rights Reserved Reserved