Blister Packaging Market Size 2021 Share, Growth, Trend, Demand, Top Players, Opportunities and Forecast to 2027 - PowerPoint PPT Presentation

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Blister Packaging Market Size 2021 Share, Growth, Trend, Demand, Top Players, Opportunities and Forecast to 2027

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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. – PowerPoint PPT presentation

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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
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2
Global 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.

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3
Continue-
  • 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.

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4
Request for sample copy of this research report_at_
https//www.gminsights.com/request-sample/detail/
1726
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5
360 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.
  •  

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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.

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7
Latest 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
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Thank You!
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