Rising Demand for Convenient and Attractive Packaging is Fueling the Growth of the Global Blister Packaging Market


Posted April 27, 2021 by marketnewspoints

The report offers comprehensive qualitative and quantitative insights on the market potential, key factors impacting the market growth, hotspots, & opportunities available for Blister Packaging providers across the globe.
 
According to the MarkNtel Advisors' research report, "Global Blister Packaging Market Analysis, 2021," the market is expected to grow at a CAGR of 7% during 2021-26. The demand for blister packaging is growing due to the surge in need for tamper-free and convenient packaging by various end-users such as the pharmaceutical industry, consumer goods, food & beverages, etc.

Blister packaging provides sufficient area for graphics, thereby enabling the display of a large part of the content to the consumers, eliminating the need for cartons, and reducing packaging costs. Additionally, it helps in easy product handling and transportation. These features facilitate the growth of the blister packaging market across the world.

Get the sample pages of the report: https://www.marknteladvisors.com/query/request-sample/global-blister-packaging-market.html

Key questions answered in the study
1. What are the current and future trends in the Global Blister Packaging market?
2. How has the industry been evolving in terms of geography and services adoption?
3. How has the competition been shaping across the countries, followed by their comparative factorial indexing?
4. What are the key growth drivers and challenges for the Global Blister Packaging market?
5. What are the customer orientation, purchase behavior, and expectations from the Global Blister Packaging market service provider across various regions?

Impact of Covid-19
Due to the outbreak of the COVID-19, various disruption has been observed globally on account of lockdown imposed leading to cause numerous uncertainties.

The overall impact of the pandemic has adversely affected the production process and supply chain. However, the healthcare industry is the major end-user of blister packaging. Therefore, the demand for blister packaging has witnessed upward growth owing to a surge in OTC drugs, more informed customers, and population health management.

Further, amidst the Covid-19 spread, there is a sharp increase in demand for packaged food, thereby augmenting blister packaging.

"Global Blister Packaging Market Analysis, 2021" offers comprehensive qualitative and quantitative insights on the market potential, key factors impacting the market growth, hotspots, and opportunities available for Blister Packaging providers across the globe.

Moreover, the report also encompasses the key strategic imperatives for competitors' success and strategic factorial indexing measuring competitors' capabilities on 16 parameters, which will help companies formulate 'Go to Market' strategies and identify the blue ocean for their offerings.

PVC Segment Industry Exhibits Fastest Growth
Based on the material, the market is into paper & paperboards, plastic films, and aluminum. Under plastic films, PVC is one of the most prominent materials used in blister packaging due to the features offered by PVC, such as inert nature, light-weight, and high thermoform ability.

The material exhibits low permeability to oils and fats and high flexural strength. Along with this, due to its excellent barrier properties at a reasonable cost, it is widely used in blister packaging across the world, reveals MarkNtel Advisors in their research report, "Global Blister Packaging Market Analysis, 2021."

According to MarkNtel Advisors, the major leading players in the global Blister Packaging market are Amcor PLC, Westrock Company, Constantia Flexibles GmbH, Sonoco Products Company, DuPont de Nemours, Inc., Blisterpak, Inc., Sinclair & Rush, Inc., Steripack, Mister Blister Limited, Formpaks International Co. Ltd.

Market Segmentation:
1. By Type (Blister Tray, Slide Blister Packaging, Vacuum Formed Blister Trays, Blister Clamshells)
2. By Technology (Cold Forming, Thermoforming)
3. By Material (Paper & Paperboard (SBS, WLC, Others), Plastics Films (PE, PVC, PET, Others), Aluminum, Others)
4. By End-User (Pharmaceutical & Healthcare, Food, Cosmetic, Electronics, Household Goods, Toys & Stationery)
5. By Region (North America, South America, Europe, Asia-Pacific, Middle East, and Africa)
6. By Country (U.S, Canada, Brazil, Argentina, Mexico, Germany, France, The U.K, Spain, Italy, China, India, Japan, Australia, Indonesia, Thailand, UAE, Saudi Arabia, South Africa, Turkey, Nigeria)
7. By Competitors (Amcor PLC, Westrock Company, Constantia Flexibles GmbH, Sonoco Products Company, DuPont de Nemours, Inc., Blisterpak, Inc., Sinclair & Rush, Inc., Steripack, Mister Blister Limited, Formpaks International Co. Ltd)
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Tags global blister packaging market , global blister packaging market analysis , global blister packaging market forecast , global blister packaging market growth , global blister packaging market outlook , global blister packaging market overview , global blister packaging market share , global blister packaging market size
Last Updated April 27, 2021