September 15, 2020
As per the research document titled ‘Global Blister Packaging Market Size study, By Application (Consumer Goods, Healthcare, Food, and Others)), By Material (Plastic Films, Paper & Paperboard, Aluminum and Others), and Regional Forecasts 2020-2027’ available with Market Study Report, global blister packaging market is predicted to witness significant growth during 2020-2027.
Rising demand for easy and tamper-free packaging in the healthcare sector coupled with increasing awareness regarding beneficial advantages of the service such as enhanced medicine shelf-life and protection from oxygen, odor, and heat are augmenting the growth of global blister packaging market.
For the record, blister packaging helps in retaining the integrity of products such as pharmaceuticals, foods, and consumer goods with the help of various types of pre-formed plastic packaging.
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Increasing focus towards public health protection, rising safety requirements, rapid development in OTC products, and emergence of new pathogens are further favoring the market expansion.
Moreover, surging demand for the development of innovative drugs due to rising prevalence of diseases along with favorable government regulations pertaining to the manufacture of medicines are stimulating the global blister packaging market outlook.
The application spectrum of global blister packaging market comprises of food, healthcare, consumer goods, and others. Based on material type, the market is segmented into aluminum, paper & paperboard, plastic films, and others.
Regionally, North America is emerging as a lucrative opportunity for the global blister packaging market share during 2020-2027. Rising demand for processed food and increasing customer preference towards blister packaging solutions over plastic bottles are the key growth indicators of the regional market.
Key participants of global blister packaging market are The Dow Chemical Company, Tekni-Plex, Inc., Pharma Packaging Solutions, Honeywell International Inc., E. I. du Pont de Nemours and Company, Klöckner Pentaplast Group, Sonoco Products Company, Constantia Flexibles Group GmbH, WestRock Company, and Amcor PLC.