These factors as per the Market Research Future (MRFR) report include growing demand for safety of products via tamper evident packaging from consumers, regulatory organizations and manufacturers, increasing demand for quality in food and pharmaceutical industries, increasing compliance by FDA, factors such as monitored dosage system.
Market Segmentation
MRFR report provides an extensive segmental analysis of the Pharmaceutical Blister Packaging Market on the basis of types, applications, production methods and materials.
Based on types, it is segmented into clamshell blister packaging, consumer goods blister packaging and carded blister packaging. Of these, carded blister packaging will have the largest share in the market over the forecast period.
Based on production methods, it is segmented into cold forming and thermoforming. Of these, thermoforming will account for a major share in the market over the forecast period.
Based on materials, the Pharmaceutical Blister Packaging Market is segmented into cold form foil, COC, PVDC, PVC and others. Of these, PVC will lead the market over the forecast period.
Regional Analysis
By region, the Pharmaceutical Blister Packaging Market covers growth opportunities and latest trends across Europe, North America, Latin America, Middle East and Africa and Asia Pacific. Of these, North America will spearhead the market over the forecast market. US is the key contributor here as consumers and pharmaceutical manufacturers here recognize the perks of blister packaging. The Pharmaceutical Blister Packaging Market in the APAC region will be highly emerging owing to changing preference of consumers and the presence of several manufacturers of consumer goods in China. This region is the epicenter for manufacturing of drugs due to low labor cost, easy accessibility of resources and skilled labor and encouraging government initiatives for promoting local manufacturing. Technological advancements have also contributed towards the market growth here. Manufacturers are making blister packaging from recyclable materials which are eco-friendly. China is the key contributor here.
Key Players
Leading players profiled in the Pharmaceutical Blister Packaging Market include Constantia Flexibles, Amcor Limited, DOW Chemical, SteriPack, Mitsubishi Chemical Holdings, Albea, Dupont, Berry Plastics, Bemis, Valley Industries, and others.
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