Shibuya-ku, Tokyo, Japan, Japan, Sep 16, 2021, 08:13 /Comserve / -- The global market for blister packaging is projected to grow from USD 18.65 billion in 2016 to reach USD 28.38 billion by 2022, at an estimated CAGR of 7.2%.
The global market for blister packaging is projected to grow from USD 18.65 billion in 2016 to reach USD 28.38 billion by 2022, at an estimated CAGR of 7.2%. The blister packaging market is driven by factors such as growth in demand for sustainable packaging, increase in demand for flexible packaging, cost-effectiveness, and reduced packaging waste. Factors such as growth in demand from the healthcare sector and the popularity of using convenient packaging are driving the demand for blister packaging. Emerging markets, such as the Asia-Pacific region, have contributed to an increase in the application of blister packaging in packaging products. Non-ability to stack heavy items is a restraining factor for the blister packaging market.
The thermoforming technology, by technology, is projected to grow at the highest CAGR between 2016 and 2022. The print-ability and aesthetic appeal will drive the market of the thermoforming technology in the blister packaging market. Thermoforming of plastics require low initial tools and equipment costs as compared to injection and blow molding techniques. Thermoformed plastic film has a wide design scope and a visually pleasing appearance leading to its rising demand for blister packaging.
Fill This Form and get the Sample Copy of This Report: https://www.sdki.jp/sample-request-108187
The Final Report will cover the impact analysis of COVID-19 on this industry: Blister Packaging Market Insights by Emerging Trends, Future Growth, Revenue Analysis, Demand Forecast to 2022
The Asia-Pacific region is projected to be the fastest-growing market during the forecast period, followed by North America. In Asia-Pacific, China is the largest consumer for blister packaging, followed by India. China, with its growing healthcare, consumer goods, and food industries, is expected to drive the blister packaging market. India, with its growing inclination toward convenient products, is expected to influence the blister packaging market in the Asia-Pacific region.
Fill This Form and get the Sample Copy of This Report: https://www.sdki.jp/sample-request-108187
The Final Report will cover the impact analysis of COVID-19 on this industry: Blister Packaging Market Insights by Emerging Trends, Future Growth, Revenue Analysis, Demand Forecast to 2022
Breakdown of primaries
Primary interviews were conducted with a number of industry experts in order to collect data related to different aspects of blister packaging. The distribution of primary interviews is as follows:
• By Company Type: Tier 1 – 35%, Tier 2 – 30%, Tier 3 – 35%
• By Designation: C level – 65%, Manager level – 35%
• By Region: North America – 25%, Europe – 28%, Asia-Pacific – 22%, South America – 10%, Middle East & Africa – 15%
Research Coverage:
The report defines, segments, and projects the blister packaging market size on the basis of type, technology, material, end-use industry, and region. The study analyzes competitive developments such as partnerships, agreements, contracts, and joint ventures, mergers & acquisitions; expansions, new product developments, and research & development activities in the blister packaging market.
TABLE OF CONTENTS
1 INTRODUCTION 18
1.1 OBJECTIVES OF THE STUDY 18
1.2 MARKET DEFINITION 19
1.3 STUDY SCOPE 19
1.3.1 REGIONAL SCOPE 20
1.3.2 PERIODIZATION CONSIDERED 21
1.4 CURRENCY CONSIDERED 21
1.5 UNITS CONSIDERED 21
1.6 STAKEHOLDERS 22
1.7 LIMITATIONS OF THE RESEARCH STUDY 22
The dynamic nature of business environment in the current global economy is raising the need amongst business professionals to update themselves with current situations in the market. To cater such needs, Shibuya Data Count provides market research reports to various business professionals across different industry verticals, such as healthcare & pharmaceutical, IT & telecom, chemicals and advanced materials, consumer goods & food, energy & power, manufacturing & construction, industrial automation & equipment and agriculture & allied activities amongst others.
For more information, please contact:
Lauren BrownShibuya Data Count
Email: sales@sdki.jp
Tel: + 81 50 50509159
Related Links
https://www.sdki.us/