According to the new market research report “Blister Packaging Market by Material (Paper & Paperboard, Plastic, Aluminum), Type (Carded, Clamshell), Technology (Thermoforming, Cold Forming), End-use Sector (Healthcare, Consumer Goods Industrial Goods, Food), and Region – Global Forecast to 2025″, size is projected to grow from USD 24.1 billion in 2020 to USD 34.1 billion by 2025, at a CAGR of 7.2%. The blister packaging market is witnessing high growth owing to downsizing of packaging and requirement of fewer resources in blister packaging.
Don’t miss out on business opportunities in Blister Packaging Market
Speak to our analyst and gain crucial industry insights that will help your business grow:
“Thermoforming is the largest technology segment of the blister packaging market.”
The blister packaging market is segmented on the basis of technology into thermoforming and cold forming. Thermoforming holds the major market share of the overall blister packaging market owing to its wide applications in end-use sector such as healthcare and food. Thermoforming technology is preferred over cold forming technology for blister packaging and requires low initial tools and equipment costs
“Carded is the largest type segment of the blister packaging market.”
The blister packaging market is segmented on the basis of type into carded and clamshell. Carded blister packaging is projected to be the largest and faster-growing segment due to its ability to form different shapes, stack many products, and its ease of handling and excellent damage prevention properties. The increasing demand from food packaging and e-commerce industries supports the growth of carded blister packaging.
Browse and in-depth TOC on “Blister Packaging Market – Global Forecast to 2025”
188 – Tables
63 – Figures
204 – Pages
View more detailed TOC @ https://www.marketsandmarkets.com/Market-Reports/blister-packaging-market-24775059.html
The global blister packaging market size is estimated at USD 24.1 billion in 2020 and is projected to reach USD 34.1 billion by 2025, at a CAGR of 7.2%, between 2020 and 2025. Blister packaging is a transparent, portable packaging material, with a flat base and raised cover of plastic, which is tamper-evident and resistant to moisture, protecting the product from damage. The product to be packed is attached to the base substrate, which could be paperboard, rigid plastic, or aluminum foil. A molded, transparent plastic film is sealed to the base substrate through the heat-sealing process. The transparent plastic film offers high visibility of the product.
The key players in the blister packaging market are as Amcor Plc (Switzerland), DOW (US), WestRock Company (US), Sonoco Products Company (US), Constantia Flexibles (Austria), Klockner Pentaplast Group (Germany), E.I. du Pont de Nemours and Company (US), Honeywell International Inc. (US), Tekni-Plex (US), Display Pack (US). The blister packaging market report analyzes the key growth strategies adopted by the leading market players, between 2015 and 2020, which include expansions, merger & acquisition, new product developments, and collaborations.
Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=24775059
Amcor Plc (Switzerland) was formerly known as Australian Paper Manufacturers (APM) and it changed its name to Amcor Plc in May 1986. Amcor Plc is a global packaging manufacturer that offers innovative packaging solutions. It offers plastic, packaging film, metal, and glass packaging for several industries such as beverage, food, medical, household, industrial goods, pharmaceuticals, and tobacco. Amcor Plc is currently focusing on reducing the packaging footprint by making the packaging lighter, increasing recycling of raw materials, developing efficient transport packaging and re-closable packaging, and creating packaging sustainable to heat treatment. The company has operations in 43 countries in Europe, North America, and emerging countries such as India and China with more than 180 operating sites.
Dow (US) has a diversified product portfolio. The company deals with the supply of raw materials to manufacturers. It caters to the paints & coatings, advanced materials, agro sciences, feed stocks, and energy & plastics industries. It also serves other industries such as building & construction, electronics, automotive, furniture, and housewares.
It operates in over 180 countries and is one of the biggest chemical companies in the world in terms of revenue. The company manufactures more than 5,000 products across 214 sites in 37 countries, globally. It faces competition from Amcor Plc (Switzerland).
Browse Adjacent Markets @ Chemicals Market Research Reports & Consulting
MarketsandMarkets provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets for their painpoints around revenues decisions.
Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the “Growth Engagement Model – GEM”. The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write “Attack, avoid and defend” strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.
MarketsandMarkets’s flagship competitive intelligence and market research platform, “Knowledge Store” connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.
Mr. Aashish Mehra MarketsandMarkets INC. 630 Dundee Road Suite 430 Northbrook, IL 60062 USA: 1-888-600-6441 Email: [email protected] Research Insights: https://www.marketsandmarkets.com/ResearchInsight/blister-packaging-market.asp
Financial Content, Reportedtimes, iCN Internal Distribution, Extended Distribution, Research Newswire, English