Blister Packaging Market Growth Trends 2024-2030

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Blister Packaging Market was valued at USD 25.58 Bn in 2023, and it is expected to reach USD 46.22 Billion by 2030, exhibiting a CAGR of 8.82 % during the forecast period (2024-2030)

Blister Packaging Market Overview

A comprehensive analysis of the " Blister Packaging Market" has been produced by the business consulting firm Maximize Market Research. Key business insights, pricing and demand analyses, and a competitive landscape are all included in the research. With projections extending to 2030, the report's study offers a thorough look at the Blister Packaging market's current state.

For a comprehensive overview, click here: https://www.maximizemarketresearch.com/request-sample/28628/ 

Blister Packaging Market Scope and Methodology:

The Blister Packaging study offers a thorough analysis of the market environment that takes into account several important variables. The market's dynamics are covered in the analysis, with a focus on the most recent opportunities, trends, and drivers influencing the sector.

The primary rivals and Blister Packaging market shares are covered in the research, which offers insightful details on the competitive environment. Important indicators including sales, turnover, average selling price, and gross margin are examined in detail along with important growth prospects that are open to important participants in the Blister Packaging market.

Blister Packaging Market Regional Insights

The report is broken down into a number of noteworthy nations. These countries are included in a number of regions, including North America (the United States, Canada, Mexico), Europe (the United Kingdom, Germany, France, Spain, Italy, and the Rest of Europe), Asia Pacific (China, India, Japan, Australia, South Korea, ASEAN countries, and South America (Brazil)), the Middle East, and Africa.

Blister Packaging Market Segmentation

by Type

Carded
Clamshell


by Material Type

Plastic
Paper
Aluminum


by End User

Food
Consumer Goods
Pharmaceutical
Others


by Packaging Machine

Roller Type
Roller-Plate Type
Plate Type


by Technology

Thermoforming
Cold Forming

In terms of material type, aluminum foil made up almost 15% of the volume in 2023. Pharmaceutical applications frequently use aluminum foils for packaging medications. Due to its superior moisture resistance and high rate of recycling, aluminum foil is becoming more and more popular in the blister packaging industry. Moreover, over the projected period, demand for aluminum foil will be increased by the expansion of aluminum packaging alternatives and the ease of handling novel packaging solutions. For instance, Uflex's Alu-Alu blister packs, which provide consumers a number of advantages like easy wearability and child-resistant packaging, were granted a US patent in September 2020.

From the end user, In the consumer goods industry, the requirement for blister packaging is predicted to expand at a rate of roughly 7% CAGR between 2024 and 2030 because to the growing demand in the electronics, toy, and other sectors. Blister packaging is used in the consumer products market because it is more visually appealing and can be produced in big quantities at a reasonable cost. The expansion of the electronics industries in China, Japan, and South Korea as well as the growing need for thermoformed clamshell products for the packaging of electronic parts will fuel the segment's growth over the projected period and, in turn, the growth of the blister packaging market.

According to technology, the blister packaging market will be dominated by the thermoforming technology segment, which will hold a market share of more than 3/4 during the forecast period. Important blister packaging manufacturers are drawn to thermoforming technology due to its reduced manufacturing costs and faster production speed than cold-forming technology. A wide range of industries use thermoforming technology because of its low manufacturing costs and ease of use. The majority of polymers that are used to create forming films are thermoformed, and thermoformed products are used in food packaging, industrial, and consumer applications. Many pharmaceutical businesses, including Aptar's Activ-Blister Packaging, have been able to safely and long-term protect their moisture-sensitive drugs thanks to advancements in innovative technology.

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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)

For a comprehensive overview, click here: https://www.maximizemarketresearch.com/request-sample/28628/ 

Key questions answered in the Blister Packaging Market are:

  • What is Blister Packaging?
  • What was the Blister Packaging market size in 2023?
  • What is the growth rate of the Blister Packaging Market?
  • Which are the factors expected to drive the Blister Packaging market growth?
  • What is the CAGR at which the Blister Packaging market will grow during the forecast period?
  • What are the different segments of the Blister Packaging Market?
  • Which is the fastest-growing region in the Blister Packaging market?
  • What growth strategies are the players considering to increase their presence in Blister Packaging?
  • What are the upcoming opportunities and trends for the Blister Packaging Market?
  • What are the recent industry trends that can be implemented to generate additional revenue streams for the Blister Packaging Market?
  • Who are the leading companies and what are their portfolios in Blister Packaging Market?
  • What segments are covered in the Blister Packaging Market?
  • Who are the key players in the Blister Packaging market?

Visit our website for details: https://www.maximizemarketresearch.com/market-report/global-blister-packaging-market/28628/ 

Key Offerings:

  • Past Market Size and Competitive Landscape 
  • Past Pricing and price curve by region 
  • Market Size, Share, Size Forecast by Different Segment 
  • Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by Region
  • Market Segmentation – A detailed analysis by segment with their sub-segments and Region
  • Competitive Landscape – Profiles of selected key players by region from a strategic perspective
    • Competitive landscape – Market Leaders, Market Followers, Regional player
    • Competitive benchmarking of key players by region
  • PESTLE Analysis
  • PORTER’s analysis
  • Value chain and supply chain analysis
  • Legal Aspects of Business by Region
  • Lucrative business opportunities with SWOT analysis
  • Recommendations

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About Maximize Market Research:

Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.

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