Global Blister Packaging Industry Report: Analysis and Forecast 2022-2027
Blister Packaging by Regional Category Spend, Price Analysis, Key Demand, Price Indicators, and Best Buying Practices
The global blister packaging industry was valued to be worth 15.71 billion in 2021. In the projection period of 2022-2027, the industry is expected to grow at a CAGR of around 4.75 percent, achieving a value of around USD 20.76 billion by 2027.
The global Blister Packaging market research gives a detailed overview of the industry, including key segments, trends, drivers, restraints, competitive landscape, and other important market factors. The necessity for cost-effective and tamper-evident protective packaging in end-user industries such as healthcare, food, consumer products, and industrial goods is driving the market. The highest category spender by region—Europe, the Middle East, and Africa
Blister Packaging: Industry Definition and Segmentation
Blister packs are pre-formed plastic packs that comprise individually wrapped and sealed medicinal pills or capsules. Clamshell blisters roll over on themselves and have a paperboard backing, or plastic lidding closing. The packs are suitable for shielding items against environmental affects like as humidity and contamination over long periods of time. Opace blisters also protect light-sensitive items from UV rays.
Get a Free Sample Report with Table of Contents: – https://www.procurementresource.com/reports/blister-packaging-industry-report/request-sample
The natural rubber industry report comprises segments:
- By components: Films, Lidding materials, Semiconductor Container, Packaging Accessories
By Region: North America, Europe, Asia Pacific, the Middle East, Africa, and South America
- By type: Compartment Packs, Slide Packs, Wallet Packs
Snapshot of the Report
The regional markets for the industry can be divided into North America, Europe, Asia Pacific, the Middle East, and South America.
Read Full Report with Table of Contents: – https://www.procurementresource.com/reports/blister-packaging-industry-report
Packaging is also used in a variety of consumer goods, industrial products, and food-related applications. Furthermore, blister packaging requires fewer resources for packing, has less retail shelf space, and has a fantastic hang-hook display. As a result, blister packs are less expensive than traditional packaging methods like hard bottles, making them more cost-effective. The market is expanding due to the implementation of novel technologies in blisters, such as radio frequency identification tags (RFID) deployed with a seal put outside the package. Furthermore, as the necessity for compliance with safety laws grows, as does the desire for efficient and easy-to-use packaging products, market vendors and technology businesses are forming collaborations to widen their product differentiation benefits.
Category Insight by Region
Because of advancements in the healthcare system, Europe, the Middle East, and Africa account for the highest portion of the market. The blister packaging market is growing due to improved healthcare and the selling of over-the-counter drugs.
The market is being pushed by the increased demand for unique and difficult-to-copy packaging. As the need for product safety from businesses, consumers, and regulatory authorities grows, packaging is a viable option. Given that most people store their drugs in a temperature-variable environment that could destroy unprotected pharmaceuticals, product integrity and longer shelf life are crucial in the pharmaceutical sector.
Customers can track their tablets and doses when medications are packaged in blisters, which improves adherence. The unit dose aspect of blisters reduces the risk of erroneous dosing, increasing demand. Other market drivers include the rising prevalence of lifestyle diseases, the ageing population, stringent regulatory requirements, and the growing need for generic drugs. Furthermore, the market is being propelled ahead by rising demand for unit-dose packaging, OTC medicine sales, and monitored dosage systems for increased patient compliance.
Best Procurement Practices
The global blister packaging industry report by Procurement Resource gives an in-depth analysis of the best buying practices followed by the major customers of blister packaging products across the globe, such as engagement models, contract terms, and buyer and supplier negotiation levers, among others.
Category Management Studies
A plastic film or sheet is unwound from the reel and sent along the blister line via a pre-heating station in thermoforming. As the temperature of the pre-heating plates (upper and lower plates) rises, the plastic will soften and become pliable. The heated plastic will then be transported to a forming station, where it will be pressed into a hazardous mould (4 to 8 bar). When the mould is eliminated from the oven, the plastic stiffens and retains its shape. In cold forming, an aluminum-based laminate sheet is forced into a mould with a stamp, and the metal is expanded while preserving its shape.
In the industry, these blisters are known as cold form foil (CFF) blisters. Cold form foil blisters made of aluminium create a virtually full barrier to water and oxygen, allowing for a longer product shelf life. Cold form foil blisters have the following disadvantages: slower manufacturing speed than thermoforming, loss of package transparency (a therapeutic compliance issue), and larger blister card size (aluminium cannot be formed with tight 90-degree angles).
Key Supplier Profiles included in the blister packaging Industry Report
The key market players are Amcor plc, Placon Corporation, Prent Corporation, Klöckner Pentaplast Group, Constantia Flexibles Corporation
The report covers capacity additions, plant shutdowns, investments/divestments, mergers and acquisitions, and other latest developments in the market.
Also Check Other Industry Reports
- Global Industrial Valves Industry Report – https://www.procurementresource.com/reports/industrial-valves-industry-report
- Global IT Services Outsourcing Industry Report – https://www.procurementresource.com/reports/it-services-outsourcing-industry-report
We Provide Lots of Industries Reports With Full Analysis, For that You Should Visit Our Procurement Resource Website, Apar From This, We Also Provide the Latest Price Trends of Various Products Including Kerosene Price and Almonds Price
Procurement Resource ensures that our clients remain at the vanguard of their industries by providing actionable procurement intelligence with the help of our expert analysts, researchers, and domain experts. Our team of highly seasoned analysts undertake extensive research to provide our customers with the latest and up-to-date market reports, cost-models, price analysis, benchmarking, and category insights, which aid in simplifying the procurement process for our clientele. We work with a diverse range of procurement teams across industries to get real-time data and insights that can be effectively implemented by our customers. We also track the prices and production costs of an extensive range of goods and commodities, thus, providing you with the updated and reliable data. We, at Procurement Resource, with the help of the latest and cutting-edge techniques in the industry, help our clients understand the supply chain, procurement, and industry climate, so that they can form strategies which ensure their optimum growth.
Company Name: Claight Corporation
Contact Person: Jolie Alexa
Email: [email protected]
Toll Free Number: USA & Canada: +1-415-325-5166 | Europe & Africa: +44-702-402-5790 | APAC: +91-8586081494
Address: 30 North Gould Street, Sheridan, WY 82801, USA
Country: United States
Blog – https://procurementresource.blogspot.com/
Reference Link: https://takeitcool.com/blister-packaging-industry-report/
Leave a Reply