Blister Packaging Market Size, Major Strategies, Key Companies, Revenue Share Analysis, 2022–2027
The global Blister Packaging market is expected to reach a substantially large market size in 2027 and register a high CAGR over the forecast period. Industry analysis indicates that rising demand for Blister Packaging in end-use industries, such as pharmaceutical, food & beverages, and personal care & cosmetics, is driven by changing market trends, which are expected to support industry growth as well as market growth over the forecast period. In the thermoforming process, plastic material is heated up to its pliable temperature and then, it is melded into preferred shapes. Thin gauge thermoforming and thick gauge thermoforming are two types of the thermoforming process. Demand for products manufactured by using thin thermoforming, such as blisters, clamshells, and trays and lids, is high in industries such as electronics, food & beverages, home care, and pharmaceutical.
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Competitive Landscape:
The global Blister Packaging market is extremely competitive and comprise of various key players at regional and global levels. These players are focusing on developing strategic alliances such as mergers and acquisitions, partnerships, product launches, joint ventures, to strengthen their market position and enhance their product base. Some of the key companies operating in the global market
Key Players Operating in Global Blister Packaging Market:
- DS Smith
- Amcor Ltd.
- Sonoco Products Company
- Placon Corp.
- Display Pack, Inc.
- Pactiv LLC
- Dart Container Corp.
- Constantia Flexibles GmbH
- Huhtamaki Group
- Tray-Pak Corp.
Market Overview:
The packaging industry is rapidly expanding in terms of revenue in the recent years, and is expected to register rapid revenue CAGR throughout the forecast period of 2022 to 2027. Rapid revenue growth is attributed to factors such as rising global population, changing lifestyle, increasing disposable income and rapid growth of the e-commerce sector. Increasing penetration of internet, social media, improving standard of living and rapid growth in the doorstep deliveries are some other factors boosting global market revenue growth. In addition, various manufacturers are focusing on offering sustainable packaging to cater to rising environmental concerns. Local dealers are focusing on innovative packaging to attract consumers.
Key questions addressed in the report:
- What size is the global Blister Packaging market expected to reach over the forecast period?
- Which revenue CAGR is the global market expected to register throughout the forecast period?
- Which factors are expected to hamper global market growth during the forecast period?
- Which key factors are expected to driver global Blister Packaging market throughout the forecast period?
- Which application segment is expected to register fastest revenue CAGR between 2022 and 2027?
- Which region is expected to register fastest revenue CAGR throughout the forecast period?
- What are the key outcomes of Porter’s Five Forces analysis and SWOT analysis?
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Global Blister Packaging Market Segmentation:
Type Outlook:
- Blister Packaging
- Clamshell Packaging
- Skin Packaging
Applications Outlook:
- Pharmaceutical
- Food & Beverages
- Personal Care & Cosmetics
Regional Analysis covers:
- North America
- S.
- Canada
- Mexico
- Europe
- Germany
- Italy
- K.
- Rest of EU
- Asia Pacific
- India
- China
- Japan
- South Korea
- Rest of APAC
- Latin America
- Brazil
- Argentina
- Rest of Latin America
- Middle East & Africa
- Saudi Arabia
- South Africa
- A.E
- Rest of MEA
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