Global Blister Packaging Market Overview
Maximize Market Research is a Business Consultancy Firm that has published a detailed analysis of the “Global Blister Packaging Market”. The report includes key business insights, demand analysis, pricing analysis, and competitive landscape. The report provides the current state of the Global Blister Packaging market by thorough analysis.
Global Blister Packaging Market Growth and Revenue Projection:
The 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)
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Global Blister Packaging Market Scope and Methodology:
The report aims to assess and predict the size of the Global Blister Packaging market. It offers strategic profiles of significant market participants to provide an accurate interpretation of the competitive landscape within the global Global Blister Packaging . Recent developments such as new product launches, acquisitions, mergers, joint ventures, brand activities, and major players in the Global Blister Packaging industry have undergone a comprehensive analysis. The report aims to present insights into industry trends, dynamics, and potentials, to assist professionals in staying informed about the latest trends and sector performance. This insight aids in predicting growth and decline in Global Blister Packaging market share over the forecast period.
An in-depth understanding of the Global Blister Packaging industry was achieved through a combination of primary and secondary research methods. To ensure the accuracy of our findings, we utilized various methodologies such as PESTLE, PORTER, and SWOT analysis. The SWOT analysis was used to identify the strengths, weaknesses, opportunities, and challenges of the key players within the Global Blister Packaging industry. Additionally, we used PORTER and PESTLE analysis to gain a better understanding of the microeconomic and macroeconomic factors that influence the Global Blister Packaging industry.
Global Blister Packaging Market Segmentation
by Type
Carded
Clamshell
by Material Type
Plastic
Paper
Aluminum
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.
by End User
Food
Consumer Goods
Pharmaceutical
Others
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.
by Packaging
Machine Roller Type
Roller-Plate Type
Plate Type
by Technology
Thermoforming
Cold Forming
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.
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Global Blister Packaging Market Regional Insights
Regional insights play a crucial role in understanding the nuanced dynamics of the Global Blister Packaging market. The Global Blister Packaging market is divided into North America, Europe, Asia Pacific, Latin America, the Middle East, and Africa. The report comprehensively examines factors, market size, growth rate, and import and export activities within each region. The Regional Analysis section presents the current status of the Global Blister Packaging market in the countries covered in the report.
Global 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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Key questions answered in the Global Blister Packaging Market are:
- What is Global Blister Packaging ?
- What will be the CAGR at which the Global Blister Packaging market will grow?
- What is the growth rate of the Global Blister Packaging Market?
- What are the industry trends that can be implemented to generate additional revenue streams for the Global Blister Packaging Market?
- Who are the leading companies and what are their portfolios in Global Blister Packaging Market?
- What segments are covered in the Global Blister Packaging Market?
- Which are the factors expected to drive the Global Blister Packaging market growth?
- What are the different segments of the Global Blister Packaging Market?
- What growth strategies are the players considering to increase their presence in Global Blister Packaging ?
- What are the upcoming industry applications and trends for the Global Blister Packaging Market?
- How can the investors capitalize on the opportunities in the Global Blister Packaging market?
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Key Offerings:
- 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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