Packaging / Global Thermoforming Blister Packaging Market - Global Growth, Trends And Forecast (2022 - 2027) By Types, By Application, By Regions And By Key Players - Amcor Limited, Sonoco Products Company, Westrock Company, Constantia Flexibles GmbH
Global Thermoforming Blister Packaging Market - Global Growth, Trends and Forecast (2022 - 2027) By Types, By Application, By Regions and By Key Players - Amcor Limited, Sonoco Products Company, Westrock Company, Constantia Flexibles GmbH
Acknowledging the kind of traction gained by this market, recently published a study report by industry data analytics asserts the Global Thermoforming Blister Packaging Market size is projected to accrue voluminously by 2027 registering a phenomenal CAGR of 7.6% during the review period (2022 to 2027).
Global Thermoforming Blister Packaging Market overview
Blister packaging format has been the preferred choice by pharmaceutical companies since the last few years for packaging of oral form drugs and the scenario is projected to remain same going forward owed to packaging improvement associated with it. Furthermore, obtainability of mono layer and multi-layer blister packs formats suffice responsibility of pharmaceutical companies and attracts major portion of the players in the market. Blister packaging solutions are molded smithereens of plastics mainly sealed to a sheet of paper or aluminum and are used to pack products such as tablets or high-volume of low-price consumer electronic products. Mainly, three types of resources are used in this type of packaging, plastic substrates as a forming film and paper & posterboard or aluminum as lidding materials. This type of packaging offers a wide range of advantages over other packaging solutions including financial, easy handling, protection for each small packaged material, and others.
Blister packaging is mostly used in the healthcare industry. Around 70% of the blister packaging request is accounted for by the healthcare packaging segment. The demand for blister packaging has increased on explanation of the increase in demand for medicinal and medical products during this pandemic. Certain drugs were approved for use as an interim medicine to switch COVID-19 by international regulatory organizations such as FDA. The founding of new hospitals and COVID-19 centers crossways the world has increased the demand for medical devices.
Who are the Prime Players in Thermoforming Blister Packaging Market?
The Global Thermoforming Blister Packaging Market includes identification and analysis of the various market participants competing in the global market. Prime competitors Amcor Limited, Sonoco Products Company, Westrock Company, Constantia Flexibles GmbH, Honeywell International Inc., The DOW Chemical Company, E.I. Du Pont De Nemours and Company, Klockner Pentaplast Group, Tekni-Plex, Inc., and Bemis Company, Inc.
Industry News and Updates:
Amcor launches more sustainable packaging for pharmaceuticals
April 20, 2022: Amcor a global leader in developing and producing responsible packaging solutions, has announced the addition of new, more sustainable High Shield laminates to its pharmaceutical packaging portfolio. The new low carbon, recycle-ready packaging options deliver on two fronts, providing the high barrier and performance requirements needed for the industry while supporting pharmaceutical companies’ recyclability agendas.
Constantia Flexibles announces the closure of the acquisition of Propak in Turkey
June 9, 2021: Constantia Flexibles has closed the acquisition of Propak and is proud to welcome Constantia Propak to its global network. Being one of the leading players in the European snacks market operating out of one plant from Dücze, Constantia Propak will perfectly complement Constantia Flexibles’ packaging solutions portfolio.
What are the major Applications, Types and Regions for Global Thermoforming Blister Packaging Market?
Market is segmented based on the type, applications, companies and regions.
By Type, it is segmented into
Clamshell
Carded
By Application, it is segmented into
Food
Pharmaceuticals
Veterinary & Nutraceuticals
Medical Devices
Electronics & Electricals
Industrial Goods
Consumer Goods
Global Thermoforming Blister Packaging Market Regional Analysis
German pharmaceutical industry is projected to generate significant request for blister packs during the forecast period. The reliably growing demand for blister packaging in Germany is mainly driven by rising investment in manufacture of pharmaceuticals. As per the European Alliance of Pharmaceutical Industries and Associations, the total R & D expenditure on pharmaceutical sector in Germany for the year 2019 was more than US$ 8.5 Bn.
North America
US
Canada
Europe
Germany
France
UK
Italy
Spain
Rest of Europe
Asia-Pacific
China
Japan
India
Australia
South Korea
Rest of Asia-Pacific
Rest of the World
Middle East & Africa
Latin America
The Thermoforming Blister Packaging Market describes the factors driving the global growth opportunities in upcoming years and highlights market channels. In addition, the report analyzes market size and share, trends, by geographic region, end-use type and segment. It focuses extensively on revealing a detailed regional analysis. The Global Thermoforming Blister Packaging Market report also conducted a PESTEL analysis of the industry to study the main influencing factors and entry barriers of the industry.
What is our Global Thermoforming Blister Packaging Market scope?
Report Attributes
Report Details
Forecast Period 2022 to 2028 CAGR
CAGR of 7.6% during the review period (2022 to 2027).
Yes, the report can be customized as per your needs
Key Takeaways from this Thermoforming Blister Packaging Market Report
Evaluate Thermoforming Blister Packaging market potential through analyzing growth rates (CAGR %), Volume (Units) and Value ($M) data given at country level - for product types, end use applications and by different industry verticals.
Understand the different dynamics influencing the market - key driving factors, challenges and hidden opportunities.
Get in-depth insights on your competitor performance - market shares, strategies, financial benchmarking, product benchmarking, SWOT and more.
Analyze the sales and distribution channels across key geographies to improve top-line revenues.
Understand the industry supply chain with a deep dive on the value augmentation at each step, in order to optimize value and bring efficiencies in your processes.
Get a quick outlook on the Thermoforming Blister Packaging market entropy - M&A's, deals, partnerships, product launches of all key players for the past 4 years.
Evaluate the supply-demand gaps, import-export statistics and regulatory landscape for more than top 20 countries globally for the market.
Frequently Asked Question
What is the study period of this market?
The Global Thermoforming Blister Packaging Market is studied from 2022-2027.
Who are the prime players in the Global Thermoforming Blister Packaging Market?
SECONDARY RESEARCH Secondary Research Information is collected from a number of publicly available as well as paid databases. Public sources involve publications by different associations and governments, annual reports and statements of companies, white papers and research publications by recognized industry experts and renowned academia etc. Paid data sources include third party authentic industry databases.
PRIMARY RESEARCH Once data collection is done through secondary research, primary interviews are conducted with different stakeholders across the value chain like manufacturers, distributors, ingredient/input suppliers, end customers and other key opinion leaders of the industry. Primary research is used both to validate the data points obtained from secondary research and to fill in the data gaps after secondary research.
MARKET ENGINEERING The market engineering phase involves analyzing the data collected, market breakdown and forecasting. Macroeconomic indicators and bottom-up and top-down approaches are used to arrive at a complete set of data points that give way to valuable qualitative and quantitative insights. Each data point is verified by the process of data triangulation to validate the numbers and arrive at close estimates.
EXPERT VALIDATION The market engineered data is verified and validated by a number of experts, both in-house and external.
REPORT WRITING/ PRESENTATION After the data is curated by the mentioned highly sophisticated process, the analysts begin to write the report. Garnering insights from data and forecasts, insights are drawn to visualize the entire ecosystem in a single report.
