Blister Packaging Market 2022

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Blister Packaging Market to Exceed 28.38 Billion
by 2022
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• The report "Blister Packaging Market by Material
  (Paper Paperboard, Plastic, Aluminum), Type
  (Carded, Clamshell), Technology (Thermoforming,
  Cold Forming), End-use Sector (Healthcare,
  Consumer, Industrial Goods), and Region - Global
  Forecast to 2022", The blister packaging market
  size is projected to grow from USD 18.65 Billion
  in 2016 to reach USD 28.38 Billion by 2022, at a
  CAGR of 7.2.
• Early buyers will receive 10 customization on
  this report.

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• Browse 151 market data tables and 71 figures
  spread through 183 pages and in-depth TOC
  on "Blister Packaging Market by Material (Paper
  Paperboard, Plastic, Aluminum), Type (Carded,
  Clamshell), Technology (Thermoforming, Cold
  Forming), End-use Sector (Healthcare, Consumer,
  Industrial Goods), and Region - Global Forecast
  to 2022"https//www.marketsandmarkets.com/Market
  -Reports/blister-packaging-market-24775059.htmlT
  he global blister packaging market is witnessing
  demand, owing to the rise in manufacturing
  activities and growth in demand for conveniently
  packaged products. Growth in demand from the
  healthcare industry also provides an opportunity
  to the market to grow further, especially in the
  emerging Asia-Pacific and South American regions.

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Thermoforming segment, by technology, to gain
maximum share during the forecast period during
the forecast period The materials on which the
thermoforming process is used include low density
polyethylene (LDPE), high density polyethylene
(HDPE), polyvinyl chloride (PVC), polypropylene
(PP), polystyrene (PS), and others such as
acrylic. Thermoforming technology is widely used
to manufacture aluminum and plastic blister
packs. Thermoforming of plastics require low
initial tooling and equipment cost as compared to
injection and blow molding techniques.
Thermoformed plastic films give wide design scope
and a visually pleasing appearance leading to a
rise in its demand for blister packaging. Carded
blister packaging market segment is estimated to
have the largest share in 2015 The blister
packaging market, on the basis of type, is
classified into carded and clamshell. The carded
segment accounted for the largest share in 2015,
due to its ability to form different shapes,
stack many products, and its ease of handling and
damage prevention properties. The increase in
demand for consumer durables, pharmaceuticals,
and food beverages supports the growth of the
blister packaging market.
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Asia-Pacific projected to be the largest share
in the blister packaging market in 2022 On the
basis of key regions, the blister packaging
market is segmented into North America, Europe,
Asia-Pacific, South America, and Middle East
Africa. The North American region held the
largest share among all the regions in 2014. This
is mainly due to the rise in consumption of
packed products, focus on reducing packaging
waste, rise in healthcare awareness, and
continuous innovation technological
developments in both pharmaceutical medical
industries, which are further transforming the
healthcare packaging industry, thereby driving
the growth of the blister packaging market. The
major players include Amcor Limited (Australia),
Bemis Company, Inc. (U.S.), The Dow Chemical
Company (U.S.), WestRock Company (U.S.), Sonoco
Products Company (U.S.), Constantia Flexibles
(U.S.), Klockner Pentaplast Group (Germany), E.I.
du Pont de Nemours and Company (U.S.), Honeywell
International (U.S.), Tekni-plex, Inc. (U.S.),
Display Pack, Inc. (U.S.), and Pharma Pack, Inc.
(U.S.). Companies have adopted strategies such as
acquisitions, expansions, new product launches,
and agreements collaborations to cope with the
increase in demand in the emerging markets.
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blister-packaging-market.asp