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Global Blister Packaging Market is expected to reach US $ 48.73 BN By Forecast year 2028

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Global Blister Packaging Market is expected to reach US $ 48.73 BN By Forecast year 2028

September 30
16:24 2021
Global Blister Packaging Market is expected to reach US $ 48.73 BN By Forecast year 2028
Blister Packaging Market Data And Industry Growth Analysis | Stratistics Market Research Consulting
Blister Packaging Market size is expected to grow from US $ 24.10 BN in 2020 to US $ 48.73 BN by 2028, at a CAGR of 9.2%.

The Global Blister Packaging Market is majorly driven by increasing disposable income, rising demand from the end-use industry, and tamper-evident design for product protection. The carded segment is growing at the highest CAGR due to its ability to form different shapes, stack many products, and excellent damage prevention properties.North America dominated with a significant market share owing tothe increasing demand for packaged food products.Asia Pacific market is growing at the highest CAGR owing to the increasing middle-class population and growing consumption of high visibility products. The key players in this market are ACG Pharmapack Pvt. Ltd., Amcor PLC, Constantia Flexibles GmbH, Honeywell International, Inc., Klockner Pentaplast Group, Sonoco Products Company, SteriPack Group, Tekni-Plex, Inc., Uflex Ltd, West Rock Company, Winpak Ltd., The Dow Chemical Company, E.I. Du Pont De Nemours and Company, Pharma Packaging Solutions, and CPH Group.

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The market report “Blister Packaging Market” by Product Types (Clamshell, Carded, Trapped Blisters, Blister Cards, Face Seal Blisters, and Calendar Pack), Technology Types (Thermoforming, Cold Forming, and Thermos-Cold Complex Blistering), Material Types (Plastic Films, Paper & Paperboard, Aluminum Foil, and Plastic Substrate), Types (A Cold Seal Blister, Green Blister, Sliding Blister, Wrap-Around Blister, High Frequency (HF) Welded Blisters, Insert Blisters And Box Interiors, Standard Blisters, Heat Seal Blister, Wallet, and Compartment), Heat Seal Coating Types (Water-Based Heat Seal Coatings and Solvent-Based), Components (Films, Lidding Material, Secondary Containers, and Packaging Accessories), Speeds (Low Speed: Up to 200 Blisters/Min, Medium Speed: 200-600 Blisters/Min, and High Speed: above 600 Blisters/Min), End Users (Consumer Goods, Food Sector & Beverages, Heathcare, Industrial Goods, Pharmaceutical, Medical Devices, Electronics & Semiconductors, Retail Industry, Veterinary and Nutraceuticals, Agricultural, Personal Care, and Household Care) and Region – Forecast to 2028”. The blister packaging market is growing at a CAGR of 9.2% by 2028, owing to the growing disposable income.

Browse the complete report with 390 data tables and 65+ figures here: https://www.strategymrc.com/report/blister-packaging-market/toc 

Based on technology type, the thermoforming segment is anticipated to grow faster during the forecast period.On the basis of technology type, the market is categorised into thermoforming, cold forming, and thermos-cold complex blistering. Thermoforming is projected to grow faster during the forecast period due to ease of handling and low costs of production. Moreover, thermoformed products are extensively used in industrial goods and food packaging applications.

Based on end user, the consumer goods segment is estimated to grow at highest CAGR segment during the study period.On the basis of end user, the market is segmented into consumer goods, food sector & beverages, heathcare, industrial goods, pharmaceutical, medical devices, electronics & semiconductors, retail industry, veterinary and nutraceuticals, agricultural, personal care, and household care. The consumer goods segment is going to have a huge demand during the forecast period owing to less costly mass manufacturing of packaging along with enhanced aesthetic properties of the packaging solutions.

By geography, Europe is expected to dominate the marketOn the basis of geography, the market is segmented into North America, Europe, Asia Pacific, South America, and Middle East & Africa. Europe is projected to dominate the market due to the rising geriatric population and occurrence of diseases and product innovations such as downsizing coupled with moderately low costs.

The report supplies a comprehensive analysis of business aspects like global Blister Packaging market size, recent technological advances, and inventions. The research report consists of: introduction of the market, key players, opportunities, restraints, product and type classification, and overall market analysis. This research study aims to help in making the right steps before starting up a company, business conclusions, and shape the future of the organizations. For supreme reader ease, this research presentation on the global market establishes the overall forecast timeline, allowing detailed market approximation about growth likelihood in the market.

The Global Blister Packaging market 2021 research provides a basic overview of the industry including definitions, classifications, applications and industry chain structure. The Global Blister Packaging market Share report is provided for the international markets as well as development trends, competitive landscape analysis, and key regions development status. Development policies and plans are discussed as well as manufacturing processes and cost structures are also analysed. This report additionally states import/export consumption, supply and demand Figures, cost, price, revenue and gross margins.

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