Blister packaging market share, Outlook, Strategies, Growth Analysis, Future Scope, key Drivers Till 2027
Competitive Space
The global Blister packaging market share, is a highly fragmented domain. A number of industry players are striving to compete fiercely by focusing on product launches along with mergers and acquisitions. Renowned vendors are making considerable investments in manufacturing facilities, in addition to attaining distribution centers in lucrative areas around the world.
- DOW Chemical
- Dupont
- Albea
- SteriPack
- Amcor Limited
- Valley Industries
- Bemis
- Constantia Flexibles
- Mitsubishi Chemical Holdings
- Berry Plastics
are the top players shaping the worldwide Blister packaging market share,.
Market Segmentation
The worldwide Blister packaging market share, has been segmented depending on type, application, production methods, and materials.
With context to type, the market has been segregated into carded blister packaging, consumer goods blister packaging, clamshell blister packaging among others.
In terms of application, the report covers pharmaceuticals, food & beverages, consumer goods & others.
Production methods used for blister packaging are thermoforming and cold forming.
Material-wise, the market includes polyvinyl chloride (PVC), polyvinylidene chloride (PVDC), cyclic olefin copolymer (COC), cold form foil, and others.
Regional Insight
The geographical distribution of the Blister packaging market share, has been done for Europe, Latin America, Middle East and Africa, North America and Asia Pacific.
North American is expected to be the leading market for blister packaging in subsequent years. The superlative market growth in the region is the result of high consumption of packed products and focus on reduction of packaging waste. Mounting healthcare awareness and steady innovation & technological developments in pharmaceutical & medical industries seem to be benefitting the regional market growth as well.
Stringent regulations coupled with rising demand from consumers and manufacturers alike has made it favorable for the blister packages market to thrive in Asia Pacific. Manufacturers in the region are constantly trying to earn tax incentives by developing products that adhere to the regulatory standards. The surge in demand for over-the-counter drugs has also stimulated market growth in the region. Apart from this, improving economic status of the region, especially in India and China combined with the consequent rise in consumer disposable income favors market growth. Business growth in the region is imminent owing to the presence of a huge number of consumer goods manufacturing facilities, mostly in China.
In Europe, increasing prevalence of diseases, expanding geriatric population, and evolving consumer lifestyles have led to surge in demand for medicines. This induces growth in the blister packs market within the region. Strict government regulations also have an imperative role in the market growth. The booming consumer goods industry in Europe has aided Blister packaging market share, grab a healthy share of the pie. Another factor that promotes market growth in the region is the soaring demand for attractive packaging for consumer goods.
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