Embedded Files
The global Blister Packaging Industry is poised to have a healthy growth over the forecast period (2017-2023). Blister packaging also known as bubble pack is created from pre-formed plastic packaging which molds the product. Its front is made of molded plastic which helps in keeping the product in place while the back is made of flat paperboard. This form of packaging helps to safeguard small medical devices and medicines from oxygen, odor, moisture and above all increase its lifespan. Lower chances of contamination, tamperproof, enhanced durability and cost-effectiveness are some of the key advantages of blister packaging over other alternatives.
There are plentiful factors that is boosting the growth of the Blister Packaging Industry. These factors as per the Market Research Future (MRFR) report include growing demand for safety of products via tamper evident packaging from consumers, regulatory organizations and manufacturers, increasing demand for quality in food and pharmaceutical industries, increasing compliance by FDA, factors such as monitored dosage system, short-cycle medication and unit-dose packaging for enhancement of patient adherence, and burgeoning demand for such products by the healthcare industry and the aging population. The additional factors that are driving the market growth include increasing awareness about packaged products, advancements in technology in pharmaceutical and medical industries, high packaged product consumption and cut down in package wastage. On the contrary, blister packaging’s unsuitability for heavy items coupled with increasing environmental concerns about the use of plastics are factors that may adversely affect the Blister Packaging Industry growth.
Segmentation
MRFR report provides an extensive segmental analysis of the Blister Packaging Industry on the basis of types, applications, production methods and materials.
Based on types, it is segmented into clamshell blister packaging, consumer goods blister packaging and carded blister packaging. Of these, carded blister packaging will have the largest share in the market over the forecast period.
Based on applications, the Blister Packaging Industry is segmented into consumer goods, foods and beverages, pharmaceuticals and others. Of these, pharmaceuticals will dominate the market over the forecast period.
Based on production methods, it is segmented into cold forming and thermoforming. Of these, thermoforming will account for a major share in the market over the forecast period.
Based on materials, the Blister Packaging Industry is segmented into cold form foil, COC, PVDC, PVC and others. Of these, PVC will lead the market over the forecast period.
Regional Analysis
By region, the Blister Packaging Industry covers growth opportunities and latest trends across Europe, North America, Latin America, Middle East and Africa and Asia Pacific. Of these, North America will spearhead the market over the forecast market. US is the key contributor here as consumers and pharmaceutical manufacturers here recognize the perks of blister packaging. The Blister Packaging Industry in the APAC region will be highly emerging owing to changing preference of consumers and the presence of several manufacturers of consumer goods in China. This region is the epicenter for manufacturing of drugs due to low labor cost, easy accessibility of resources and skilled labor and encouraging government initiatives for promoting local manufacturing. Technological advancements have also contributed towards the market growth here. Manufacturers are making blister packaging from recyclable materials which are eco-friendly. China is the key contributor here.
Key Players
Leading players profiled in the Blister Packaging Industry include Constantia Flexibles, Amcor Limited, DOW Chemical, SteriPack, Mitsubishi Chemical Holdings, Albea, Dupont, Berry Plastics, Bemis, Valley Industries, and others.
Read More :
http://www.briefingwire.com/pr/auto-cv-joint-market-share-registers-high-growth-pace
https://issuu.com/www.marketresearchfuture.com/docs/hydrostatic_transmission_market_manufacturers_
Google Sites
Report abuse