Title: Blister Packaging Market Size 2021 Share, Growth, Trend, Demand, Top Players, Opportunities and Forecast to 2027
1 Blister Packaging Market Size Estimation,
COVID-19 Impact Analysis, Key Insights and
Application By 2027
2020 Global Market Insights, Inc. USA. All
Rights Reserved
www.gminsights.com
2Global Market Scenario of Blister Packaging
Industry
- On this note, estimates have revealed that the
global blister packaging market size will record
more than USD 36.7 billion in annual valuation by
2027. - The blister packaging market will witness
considerable expansion driven by the increasing
demand from the consumer goods sector. The
incessant need for high protection against
moisture and oxygen in drug packaging activities
has paved the way for numerous product
developments. The surge in healthcare spending of
various developed economies and the escalating
infection count in the current COVID-19 pandemic
has also bolstered the demand for blister packs
in pharmaceutical applications. - The rise in manufacturing activities mainly
across the pharmaceutical and industrial goods
arena will further complement the penetration of
blister packaging solutions. The expansion of the
consumer electronics vertical in the U.S. is also
an ideal factor for the market expansion. To
quote an instance, the Consumer Technology
Association (CTA) reported in 2021 that consumer
technology sales in the U.S. are projected to
exceed USD 461 billion in FY2021.
2020 Global Market Insights, Inc. USA. All
Rights Reserved
www.gminsights.com
3Continue-
- The market value from thermoforming technology
will reach USD 30 billion during the analysis
period owing to benefits like ease of
customizing, durability, affordability, and the
limited need for production equipment offered by
these solutions. Thermoformed blister packs not
only have enhanced aesthetics but also provide
considerable shelf life to support their utility
across several applications. They are also
increasingly integrated with several sensors in
order to track time and dose consumption. - Demand for clamshell-type blister packs is
expected to surpass 25 of the volumetric shares
through 2027. This is mainly ascribing to the
growing popularity of these products in the food
department for fruits and meat packaging.
Furthermore, these blister packs are also
utilized for high-volume-low price electronic
commodities. The higher availability of
customization of these packs has made way for
enhanced packaging aesthetics. - Plastic substrate blister packaging industry
share was valued at USD 15 billion in 2020 due to
the extensive use of these components as forming
film ingredients in packaging. Plastic substances
can be easily molded and need lower resources to
form blister packs over aluminum films. In
addition, these materials are easily available
and are affordable.
2020 Global Market Insights, Inc. USA. All
Rights Reserved
www.gminsights.com
4Request for sample copy of this research report_at_
https//www.gminsights.com/request-sample/detail/
1726
2020 Global Market Insights, Inc. USA. All
Rights Reserved
www.gminsights.com
5360 Industry Analysis
- With the expanding geriatric population base and
the increasing need for pharmaceutical products,
Europe blister packaging industry is anticipated
to strike a CAGR of around 5 up to 2027. The
increased instances of facility expansions by
numerous pharmaceutical manufacturers and the
rising intake of frozen package meats will add
positive impetus to the regional product demand. - Leading blister packaging manufacturers are
actively indulging in marketing growth
strategies, such as new product launches,
partnerships like mergers and acquisitions as
well as collaborations with drug manufacturers
for extending their presence in various
geographies. Supporting the same with an
instance, Bostik, in April 2021, introduced a
high-performance and smart adhesive, HERBERTS
EPS 8760/KN75. The novelty has been designed to
optimize the process automation associated with
cold-forming blister packaging in the
pharmaceutical vertical. -
Request for customizationhttps//www.gminsights.
com/roc/1726
2020 Global Market Insights, Inc. USA. All
Rights Reserved
www.gminsights.com
6- Competitive Analysis
- Amcor plc, Uhlmann, Sonoco Products Company,
Constantia Flexibles, WestRock Company, Klöckner
Pentaplast, Honeywell International Inc., are
some of the key players operating in the Blister
Packaging Market. - Blister packaging market size from food
applications is poised to register USD 4.5
billion through the forecast period with higher
consumption of frozen meat products across North
America and Europe. Clamshell blister packing
solutions are garnering an increasing preference
in fruit packaging. Moreover, the provision of
customized fruit and meat packaging has triggered
the development of newer thermoformed blister
packs in the food sector.
2020 Global Market Insights, Inc. USA. All
Rights Reserved
www.gminsights.com
7Latest Research Report On Blister Packaging
Market _at_ https//www.gminsights.com/industry-analy
sis/blister-packaging-market Request for sample
of this research report_at_ https//www.gminsights.c
om/request-sample/detail/1726 Request for
customization https//www.gminsights.com/roc/172
6
2020 Global Market Insights, Inc. USA. All
Rights Reserved
www.gminsights.com
8Stay In Touch You can visit us at
www.gminsights.com
Thank You!
2020 Global Market Insights, Inc. USA. All
Rights Reserved
www.gminsights.com