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Blister Packaging Market Forecast (2024-2030): Trends, Innovations, and Growth Drivers

Submitted by nandini123 on Tue, 11/12/2024 - 04:08

Blister Packaging Market Overview:

Maximize Market Research, a Blister Packaging business research firm has published a report on the Blister Packaging Market. Which provides Industry Analysis (Market Performance, Segments, Price Analysis, and Outlook).

Estimated Growth Rate for Blister Packaging Market:

The Blister Packaging Market was valued at USD 25.58 Bn in 2023, and it is expected to reach USD 46.22 Billion by 2030, exhibiting a CAGR of 8.82 % during the forecast period (2024-2030)

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Blister Packaging Market Report Scope and Research Methodology:

The scope of the Blister Packaging market analysis encompasses diverse factors, including geographical regions, industry segments, traveller types, and travel service offerings. Research methodologies integrate primary and secondary data collection, employing surveys, interviews, and analysis of industry reports and databases. Assessing the Blister Packaging market scope involves examining the volume and value of business travel transactions, covering expenditures on transportation, accommodation, dining, and ancillary services. Methodologies aim to identify key trends, challenges, and opportunities influencing the market landscape. This comprehensive approach provides valuable insights for strategic decision-making, aiding businesses in navigating the complexities of the Blister Packaging sector and capitalizing on growth prospects.

Blister Packaging Market Regional Insights:

Improved dependability and increasing demand drive growth in the Blister Packaging Market, particularly in North America, Europe, Asia Pacific, Latin America, the Middle East, and Africa. Geographical observations help investors identify opportunities, with regional evaluations highlighting crucial strategies like mergers and acquisitions. Understanding regional dynamics enables stakeholders to tailor their approaches, leveraging growth prospects and addressing specific Blister Packaging market needs. This insight is vital for informed decision-making and strategic planning across diverse geographic landscapes.

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Blister Packaging Market Segmentation:

by Type

Carded
Clamshell

by Material Type

Plastic
Paper
Aluminum

In 2023, aluminum foil made up around 15% of the entire amount. Aluminum foils are frequently used for packaging medications in the pharmaceutical industry. The blister packaging market's demand for aluminum products is being supported by aluminum foil's superior moisture protection qualities and high rate of recyclable materials. Additionally, during the projection period, the demand for aluminum foil will increase due to the expansion of various metal packaging options and the ease of handling novel packaging solutions. For instance, Uflex received a US patent grant in September 2020 for their Alu-Alu blister packs, which provide consumers a number of advantages like easy wearability and packaging that is safe for children.

by End User

Food
Consumer Goods
Pharmaceutical
Others

The consumer goods application is anticipated to expand at a rate of roughly 7% CAGR from 2024 to 2030 due to the growing demand for blister packaging in the electronics, toy, and other industries. Blister packaging is used in the consumer goods market because it is more visually appealing and can be produced in big quantities at a reasonable cost. The expansion of the electronics industries in South Korea, Japan, and China, along with the growing need for thermoformed clamshell products in the packaging of electronic parts, will propel the segment's growth over the forecast period and propel the blister packaging market.

by Packaging Machine

Roller Type
Roller-Plate Type
Plate Type

by Technology

Thermoforming
Cold Forming

With over three-quarters of the blister packaging market during the projection period, the thermoforming technology segment will remain dominant. Key elements that draw major blister packaging manufacturers to the market include thermoforming technology's quicker production speed and cheaper manufacturing costs when compared to cold-forming technology. Thermoforming technology is widely used in many different industries due to its low manufacturing costs and ease of use. Thermoformed products are used in consumer, industrial, and food packaging applications, and nearly all polymers used to create forming films are thermoformed.

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Table of Content: Blister Packaging Market

Part 01: Executive Summary

Part 02: Scope of the Blister Packaging Market Report

Part 03: Global Blister Packaging Market Landscape

Part 04: Global Blister Packaging Market Sizing

Part 05: Global Blister Packaging Market Segmentation by Type

Part 06: Five Forces Analysis

Part 07: Customer Landscape

Part 08: Geographic Landscape

Part 09: Decision Framework

Part 10: Drivers and Challenges

Part 11: Market Trends

Part 12: Vendor Landscape

Part 13: Vendor Analysis

Want a comprehensive market analysis? Check out the summary of the research report:https://www.maximizemarketresearch.com/market-report/global-blister-packaging-market/28628/

Blister Packaging Market Key Players:

1. Bemis Company, Inc. (US)
2. Nosco Inc. (US)
3. The Dow Chemical Company (US)
4. WestRock Company (US)
5. Sonoco Products Company (US)
6. Rohrer Corporation (US)
7. CONSTANTIA (Austria)
8. Klöckner Pentaplast (Luxembourg)
9. DuPont (US)
10.Honeywell International Inc. (US)
11.Tekni-Plex. (US)
12.DISPLAY PACK (US)
13.Winpak Ltd (Canada)
14.Perlen Packaging (Switzerland)
15.SteriPack Group (Ireland)
16.Amcor Limited (Australia)
17.CPH GROUP (Australia)
18.ACG (India)
19.UFlex Limited (India)
20.Shanghai Haishun (China)

Key questions answered in the Blister Packaging Market are:

Who are the leading companies and what are their portfolios in Blister Packaging Market?
What segments are covered in the Blister Packaging Market?
Who are the key players in the Blister Packaging market?
What is Blister Packaging?
What was the Blister Packaging market size in 2023?
What is the growth rate of the Blister Packaging Market?
Which are the factors expected to drive the Blister Packaging market growth?
What are the different segments of the Blister Packaging Market?
What growth strategies are the players considering to increase their presence in Blister Packaging?
What are the upcoming industry applications and trends for the Blister Packaging Market?
What are the recent industry trends that can be implemented to generate additional revenue streams for the Blister Packaging Market?
What segments are covered in the Blister Packaging Market?
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Key Offerings:

Past Market Size and Competitive Landscape (2018 to 2023)
Past Pricing and price curve by region (2018 to 2023)
Market Size, Share, Size & Forecast by different segment | 2024−2030
Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by Region
Market Segmentation – A detailed analysis by segment with their sub-segments and Region
Competitive Landscape – Profiles of selected key players by region from a strategic perspective
Competitive landscape – Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER’s analysis
Value chain and supply chain analysis
Legal Aspects of Business by Region
Lucrative business opportunities with SWOT analysis
Recommendations
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