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Blister Packaging Market was valued at USD 23.51 Bn in 2022, and it is expected to reach USD 42.49 Billion by 2029, exhibiting a CAGR of 8.82 % during the forecast period (2023-2029)

Blister Packaging Market Scope :

The Blister Packaging Market report presents analytical data that highlights key aspects such as trends, targets, market position, and market value during the forecast period. The competitive analysis covers the major market players, their production capacity, and the demand and supply of their products and services. The report includes key players as well as aspiring companies in the Blister Packaging market. The segmentation analysis aids in understanding different datasets and provides behavioral and geographical analysis to capture significant changes in the forecast period. It also reveals opportunities and revenue generation potential for leading players in the Blister Packaging market. SWOT analysis is performed as a strategic planning and management technique to identify strengths, weaknesses, opportunities, and threats related to business competition or project planning. Porter's analysis is conducted to assess an organization's strengths, weaknesses, and critical factors affecting profitability. PESTLE analysis is a strategic framework used to evaluate the operating environment of an organization.

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Blister Packaging Market Overview :

Maximize Market Research, a leading business consultancy has published a research report on the Blister Packaging market. The report showcases the global growth of the Blister Packaging market, projecting its upward trajectory until 2029. It provides valuable insights into key industries and offers comprehensive data analysis. The report presents graphical representations that illustrate the current position and potential of the market.

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Blister Packaging Market Segmentation :

by Type

Carded
Clamshell

by Material Type

Plastic
Paper
Aluminum

In 2022, aluminium foil made up roughly 15% of the entire amount. For the packaging of medicinal products, aluminium foil is frequently used. Because of its superior moisture protection qualities and high rate of recycling, aluminium foil is in high demand in the blister packaging industry. In addition, the expansion of novel packaging choices made of aluminium and the ease with which they may be used will increase demand for aluminium foil during the projection period. For instance, Uflex received a US patent grant in September 2020 for their Alu-Alu blister packs, which provide clients a number of advantages like easy wearability and child-resistant packaging.

by End User

Food
Consumer Goods
Pharmaceutical
Others

The consumer goods application is anticipated to expand between 2023 and 2029 at a rate of nearly 7% CAGR due to the growing demand for blister packaging in the electronics, toy, and other sectors. Blister packaging is used by the consumer products industry because it can be produced in big quantities at a low cost and has greater aesthetic attributes. The expansion of the electronics industries in South Korea, Japan, and China, as well as the rising demand for thermoformed clamshell products in the packaging of electronic parts, will be the primary drivers of segment growth over the forecasted period. These factors will also contribute to the expansion of the blister packaging market.

by Packaging Machine

Roller Type
Roller-Plate Type
Plate Type

by Technology

Thermoforming
Cold Forming

More than 3/4 of the market share will be held by the thermoforming technology category, which will continue to rule the blister packaging market. Significant blister packaging makers are drawn to thermoforming technology because of its higher production speed and cheaper manufacturing costs when compared to cold-forming technology. Thermoforming technology is widely used in a range of industries due to its simplicity of use and affordable manufacturing prices. Thermoformed products are used in consumer, industrial, and food packaging applications and are produced from nearly all polymers used in the production of forming films. A number of pharmaceutical businesses, like Aptar's Activ-Blister Packaging, have been successful in successfully and successfully protecting their moisture-sensitive drugs with an extended shelf life.

 

Blister Packaging Market Key Players :

1. Bemis Company, Inc. (US)
2. Nosco Inc. (US)
3. The Dow Chemical Company (US)
4. WestRock Company (US)
5. Sonoco Products Company (US)
6. Rohrer Corporation (US)
7. CONSTANTIA (Austria)
8. Klöckner Pentaplast (Luxembourg)
9. DuPont (US)
10.Honeywell International Inc. (US)
11.Tekni-Plex. (US)
12.DISPLAY PACK (US)
13.Winpak Ltd (Canada)
14.Perlen Packaging (Switzerland)
15.SteriPack Group (Ireland)
16.Amcor Limited (Australia)
17.CPH GROUP (Australia)
18.ACG (India)
19.UFlex Limited (India)
20.Shanghai Haishun (China)

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Regional Analysis

The analysis presents segmented data by region in a visual format. It offers an overview of the market, comparing it regionally based on the market value of products, demands, and the position of key market players. It also highlights targeted regions and their production capacities. This report assists in implementing new strategies tailored to specific countries and regions within the market.

Key Questions Answered in the Blister Packaging Market Market Report:

  • What is the definition of the Blister Packaging Market?
  • What is the forecast period for the Blister Packaging Market?
  • What is the competitive landscape of the Blister Packaging Market?
  • Which region holds the largest market share in the Blister Packaging Market?
  • What are the opportunities for the Blister Packaging Market?
  • What factors are influencing the growth of the Blister Packaging Market?
  • Who are the key players in the Blister Packaging Market?
  • Which company holds the largest share in the Blister Packaging Market?
  • What will be the compound annual growth rate (CAGR) of the Blister Packaging Market during the forecast period?
  • What key trends are expected to emerge in the Blister Packaging Market in the coming years?

Key Offerings:

  • Market Share, Size, and Revenue Forecast | 2022-2029
  • Market Dynamics: Growth drivers, restraints, investment opportunities, and key trends
  • Market Segmentation: Detailed analysis by Blister Packaging Market
  • Landscape: Leading key players and other prominent participants

About Maximize Market Research:

Maximize Market Research is a multifaceted market research and consulting company comprising professionals from various industries. We cover a wide range of industries, including medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, automotive, chemical products, general merchandise, beverages, personal care, and automated systems, among others. Our services include market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.

Contact Maximize Market Research:

3rd Floor, Navale IT Park, Phase 2

Pune Bangalore Highway, Narhe,

Pune, Maharashtra 411041, India

sales@maximizemarketresearch.com

+91 96071 95908, +91 9607365656

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