Blister Packaging Market Worth 28.38 Billion USD by 2022

Browse 151 market data Tables and 71 Figures spread through 183 Pages and in-depth TOC on "Blister Packaging Market"

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The global market is witnessing demand, owing to the rise in manufacturing activities and growth in demand for conveniently packaged products. Growth in demand from the healthcare industry also provides an opportunity to the market to grow further, especially in the emerging Asia-Pacific and South American regions.

"Thermoforming segment, by technology, to gain maximum share during the forecast period during the forecast period" 

The materials on which the thermoforming process is used include low density polyethylene (LDPE), high density polyethylene (HDPE), polyvinyl chloride (PVC), polypropylene (PP), polystyrene (PS), and others such as acrylic. Thermoforming technology is widely used to manufacture aluminum and plastic blister packs. Thermoforming of plastics require low initial tooling and equipment cost as compared to injection and blow molding techniques. Thermoformed plastic films give wide design scope and a visually pleasing appearance leading to a rise in its demand for blister packaging.

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"Carded Blister Packaging Market segment is estimated to have the largest share in 2015" 

The Blister Packaging Market, on the basis of type, is classified into carded and clamshell. The carded segment accounted for the largest share in 2015, due to its ability to form different shapes, stack many products, and its ease of handling and damage prevention properties. The increase in demand for consumer durables, pharmaceuticals, and food & beverages supports the growth of the Blister Packaging Market.

"Asia-Pacific projected to be the largest share in the Blister Packaging Market in 2022" 

On the basis of key regions, the Blister Packaging Market is segmented into North America, Europe, Asia-Pacific, South America, and Middle East & Africa. The North American region held the largest share among all the regions in 2014. This is mainly due to the rise in consumption of packed products, focus on reducing packaging waste, rise in healthcare awareness, and continuous innovation & technological developments in both pharmaceutical & medical industries, which are further transforming the healthcare packaging industry, thereby driving the growth of the Blister Packaging Market.

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The major players include Amcor Limited (Australia), Bemis Company, Inc. (U.S.), The Dow Chemical Company (U.S.), WestRock Company (U.S.), Sonoco Products Company (U.S.), Constantia Flexibles (U.S.), Klockner Pentaplast Group (Germany), E.I. du Pont de Nemours and Company (U.S.), Honeywell International (U.S.), Tekni-plex, Inc. (U.S.), Display Pack, Inc. (U.S.), and Pharma Pack, Inc. (U.S.). Companies have adopted strategies such as acquisitions, expansions, new product launches, and agreements & collaborations to cope with the increase in demand in the emerging markets.

Browse Related Reports: 

Thermoform Packaging Market by Material (Plastic, Aluminum, Paper & Paperboard), Heat Seal Coating (Water-Based, Solvent-Based, Hot Melt-Based), Type (Blister Packaging, Clamshell Packaging, Skin Packaging), End-Use Industry - Global Forecast to 2021

http://www.marketsandmarkets.com/Market-Reports/thermoform-packaging-market-145630051.html

Flexible Packaging Market by Material (Plastic Film, Paper, Aluminum), Printing Technology (Flexography, Rotogravure, Digital), Type (Stand-Up Pouches, Retort Pouches), Application (Food & Beverages, Healthcare, Cosmetics & Toiletries) - Global Forecast to 2021

http://www.marketsandmarkets.com/Market-Reports/flexible-packaging-market-1271.html

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