Blister Packaging Market 2020 | Shows Boosting Business Strategy, Development Plans, CAGR Status, and Industry Research Forecast by 2024

The “Blister Packaging Market” report includes a comprehensive analysis of the current market status, major key players, latest challenges and opportunities in the market. Blister Packaging market report delivering key insights and providing a competitive benefit to clients through a detailed report. Blister Packaging industry report provides data about company profile, price, and business strategy. All information presented in the report is collected from primary and secondary research methods. It also includes historic data, present and future Blister Packaging market trends, environment, and technological innovation of the industry.

Get a Sample Copy of the Report - https://www.industryresearch.co/enquiry/request-sample/14245407

Market Overview:

The global blister packaging market was valued at USD 17.76 billion in 2018, and it is expected to reach a value of USD 24.25 billion by 2024, at a CAGR of 6.31% during the forecast period (2019-2024). The outbreak of new diseases, growth in regulatory norms across the world, focus on population health management, inventions, more informed customers, and growth in OTC drugs, have augmented the growth of blister packaging.
- Increasing pressure on pharmaceutical companies to manufacture more medicines to be made available for patients, owing to a rise in diseases and stringent governmental regulations against counterfeit drugs are among the major factors propelling the market. Blister packaging offers an efficient method of anti-counterfeit systems, like banknote authentication system and others.
- Factors like product integrity and extended shelf life are highly necessary for the pharmaceutical sector, considering that most consumers store their drugs in a temperature variant atmosphere that can be harmful to unprotected medicines.
- However, unsuitability for heavy items coupled with stringent regulation in developing countries is anticipated to restrain the market growth.

Some of the Top Key Players of Blister Packaging Market Report Are:

Amcor Limited
Bemis Company Inc.
Westrock Company
Constantia Flexibles GmbH
Sonoco Products Company
Klockner Pentaplast Group
E.I.Du Pont De Nemours and Company
Honeywell International Inc.
Pharma Packaging Solutions
Tekni
Plex, Inc.
The Dow Checmical Company

Blister Packaging Market Report Highlights:

Market Dynamics – Drivers, Restraints, and Opportunities
Market Segmentation – Types, Applications, Regions, and Technology
Market Trends
Competitive Landscape
SWOT Analysis and Porter’s Five Forces Analysis

Scope of the Report:

Blister pack is a term for several types of pre-formed plastic packaging used for small consumer goods, foods, and for pharmaceuticals. They are useful for protecting products against external factors, such as humidity and contamination for extended periods of time. Opaque blisters also protect light-sensitive products against UV rays.

In this study, the years considered to estimate the market size of Blister Packaging :

History Year: 2013-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2024

For More Information or Query or Customization Before Buying, Visit at - https://www.industryresearch.co/enquiry/pre-order-enquiry/14245407

Key Market Trends:

Pharmaceutical and Healthcare Sector to Account for a Major Share

- The healthcare and pharmaceuticals sector poses a different set of demands for the blister packaging solutions, regarding insulation from external surroundings, high levels of protection, cost-effectiveness and ease of handling.
- These packs are uniquely suited to meet the stringent standards and highly valued for protective properties, adaptability, and cost-effectiveness, and requirements of the pharmaceuticals and healthcare packaging industry.
- When drugs are packaged in blisters, adherence is improved because consumers are better able to keep track of their medications and dosing. The unit dosage feature of blisters reduces the risk of incorrect dosing.
- The retail-level preparation of prescription drugs is troubling pharmacists or pharmaceutical technicians. The administration of medicines in the open atmosphere of the supermarket and drug store can negatively affect sensitive drugs when they are transferred from container to container. Blister packaging can ensure the process of distribution directly to the customer.
- Protecting product integrity remains the primary goal of pharmaceutical healthcare packaging, but as in all areas of the packaging industry, there is continued work on cost reduction in the packaging process.
- Blister packed medicines can prove to be very helpful for transportation of medicines such as ones used for diabetes which will be transported to long distances.

Europe to Hold a Significant Share

- The pharmaceutical and healthcare industry holds the dominant share of the blister packaging market in Europe. The consumer goods sector is also expected to contribute a significant market share over the forecast period.
- Blister packaging also provides the possibility to create a compliance pack or calendar pack by labeling the prescription, to which patients can easily adhere.
- The European community has stronger environmental incentives to use blister packaging because of the stringent regulations over using the excess material into the packaging system. The use of blister packaging allows manufacturers to reduce packages to a minimal size
- In Europe, the UK pharmaceutical industry is one of the major engines of innovation and research. The industry spends billions on R&D and employs vast numbers of highly skilled personnel for R&D roles.
- These massive investments and the proportion of skilled workers employed show how Britain is building up the pipeline of medicines and future drugs. These ongoing investments can be perceived as an excellent opportunity for the growth of blister packaging in the country.

The Report Covers:

Comprehensive research methodology of Blister Packaging market
In-depth analysis of macro and micro factors influencing the market guided by key recommendations.
Analysis of regional regulations and other government policies impacting the global sleep aid market
Insights about market determinants which are stimulating the global Blister Packaging market
Detailed and extensive market segments with regional distribution of forecasted revenues
Extensive profiles and recent developments of market players Companies Mentioned

Purchase this Report (Price 4250 USD for single user license) - https://www.industryresearch.co/purchase/14245407

Detailed TOC of Blister Packaging Market Report 2019-2024:

1 INTRODUCTION
1.1 Study Deliverables
1.2 Study Assumptions
1.3 Scope of the Study

2 RESEARCH METHODOLOGY

3 EXECUTIVE SUMMARY

4 MARKET DYNAMICS
4.1 Market Overview
4.2 Introduction to Market Drivers and Restraints
4.3 Market Drivers
4.3.1 Rising Geriatric Population and Prevalence of Diseases
4.3.2 Tamper-evident Design for Product Protection
4.4 Market Restraints
4.4.1 Not Suitable for Packaging Heavy Items
4.5 Value Chain Analysis
4.6 Industry Attractiveness - Porter's Five Force Analysis
4.6.1 Threat of New Entrants
4.6.2 Bargaining Power of Buyers/Consumers
4.6.3 Bargaining Power of Suppliers
4.6.4 Threat of Substitute Products
4.6.5 Intensity of Competitive Rivalry

5 MARKET SEGMENTATION
5.1 By Process
5.1.1 Thermoforming
5.1.2 Coldforming
5.2 By Material
5.2.1 Plastic Films
5.2.2 Paper & Paperboard
5.2.3 Aluminum
5.2.4 Other Materials
5.3 By End-user Industry
5.3.1 Consumer Goods
5.3.2 Healthcare
5.3.3 Food
5.3.4 Other End-user Industries
5.4 Geography
5.4.1 North America
5.4.2 Europe
5.4.3 Asia-Pacific
5.4.4 Latin America
5.4.5 Middle East & Africa

6 COMPETITIVE LANDSCAPE
6.1 Company Profiles
6.1.1 Amcor Limited
6.1.2 Bemis Company Inc.
6.1.3 Westrock Company
6.1.4 Constantia Flexibles GmbH
6.1.5 Sonoco Products Company
6.1.6 Klockner Pentaplast Group
6.1.7 E.I.Du Pont De Nemours and Company
6.1.8 Honeywell International Inc.
6.1.9 Pharma Packaging Solutions
6.1.10 Tekni-Plex, Inc.
6.1.11 The Dow Checmical Company

7 INVESTMENT ANALYSIS

8 MARKET OPPORTUNITIES AND FUTURE TRENDS