Read the Beforeitsnews.com story here. Advertise at Before It's News here.
Profile image
Story Views
Now:
Last hour:
Last 24 hours:
Total:

Blister Packaging Market is valued up to 18.25 Billion USD by 2022

% of readers think this story is Fact. Add your two cents.


The report Blister Packaging Market by Material (Plastic Film, Paper & Paperboard, Aluminum), Technology (Thermoforming, Cold forming), Heat Seal Coating (Water-based, Solvent-based), Application (Food Consumer Goods, Industrial Goods, Healthcare) – Global Forecast to 2022″, The blister packaging market is projected to grow from USD 11.94 Billion in 2015 to USD 18.25 Billion by 2022, at a CAGR of 6.25%. The blister packaging market is growing courtesy of increasing applications in healthcare industry, ageing population, and rising demand for conveniently packaged products. Growing demand from the healthcare industry also provides an opportunity to the market to grow further, especially in the emerging Asia-Pacific and Latin American regions.

Browse 210 market data Tables and 63 Figures spread through 234 Pages and in-depth TOC on “Blister Packaging Market – Global Forecast to 2022″

Speak to Analyst: http://www.marketsandmarkets.com/speaktoanalyst.asp?id=24775059

Thermoforming technology to gain maximum share during the forecast period

The materials on which the thermoforming process is used include low density polyethylene (LDPE), high density polyethylene (HDPE), polyvinyl chloride (PVC), polypropylene (PP), polystyrene (PS), and others such as acrylic. Thermoforming technology is widely used to manufacture aluminum and plastic blister packs. Thermoforming of plastics require low initial tooling and equipment cost as compared to injection and blow molding techniques. Thermoformed plastic films give wide design scope and a visually pleasing appearance leading to a rise in its demand for blister packaging.

The healthcare industry projected to grow at fastest rate from 2015-2022

Blister packaging market is segmented on the basis of application into healthcare, consumer goods, industrial goods, and food. Blister packaging is widely used in healthcare products as it protects the product from moisture and light, thus extending the shelf life of products. The healthcare sector is further segmented into pharmaceutical and medical. Blister packaging for healthcare products reduces the opportunities for product contamination. It allows consumers to take a safe, adequate level of medicine so as to make it convenient to handle and store. Hence, leading to rise in demand for blister packaging. It also protects healthcare products from moisture, gas, light, and temperature.

Asia-Pacific to play a key role in the blister packaging market

On the basis of key regions, the blister packaging market is segmented into North America, Europe, Asia-Pacific, and Rest of the World (RoW). The European region held the largest share among all the regions in 2014. This is mainly due to rising consumption of packed products, focus to reduce packaging waste, rising healthcare awareness, and continuous innovation & technological developments in both pharmaceutical & medical industries, which is transforming the healthcare packaging industry further, thereby driving the growth of the blister packaging market.

The scope of the report covers detailed information regarding the major factors influencing the growth of the blister packaging market such as drivers, restraints, challenges, and opportunities. A detailed analysis of the key industry players has been done to provide insights into their business overview, products & services, key strategies, new product launches, mergers & acquisitions, partnerships, agreements, joint ventures, and recent developments associated with the blister packaging market.

Request for Customization: http://www.marketsandmarkets.com/requestCustomization.asp?id=24775059

About MarketsandMarkets

MarketsandMarkets is the world’s No. 2 firm in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to a multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the “Growth Engagement Model – GEM”. The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write “Attack, avoid and defend” strategies, identify sources of incremental revenues for both the company and its competitors.

M&M’s flagship competitive intelligence and market research platform, “RT” connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical infographics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers.

We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.

Contact:
Mr. Rohan

MarketsandMarkets INC.
701 Pike Street
Suite 2175, Seattle,
WA 98101, United States
1-888-600-6441
Email: [email protected]
Website: www.marketsandmarkets.com



Before It’s News® is a community of individuals who report on what’s going on around them, from all around the world.

Anyone can join.
Anyone can contribute.
Anyone can become informed about their world.

"United We Stand" Click Here To Create Your Personal Citizen Journalist Account Today, Be Sure To Invite Your Friends.

Please Help Support BeforeitsNews by trying our Natural Health Products below!


Order by Phone at 888-809-8385 or online at https://mitocopper.com M - F 9am to 5pm EST

Order by Phone at 866-388-7003 or online at https://www.herbanomic.com M - F 9am to 5pm EST

Order by Phone at 866-388-7003 or online at https://www.herbanomics.com M - F 9am to 5pm EST


Humic & Fulvic Trace Minerals Complex - Nature's most important supplement! Vivid Dreams again!

HNEX HydroNano EXtracellular Water - Improve immune system health and reduce inflammation.

Ultimate Clinical Potency Curcumin - Natural pain relief, reduce inflammation and so much more.

MitoCopper - Bioavailable Copper destroys pathogens and gives you more energy. (See Blood Video)

Oxy Powder - Natural Colon Cleanser!  Cleans out toxic buildup with oxygen!

Nascent Iodine - Promotes detoxification, mental focus and thyroid health.

Smart Meter Cover -  Reduces Smart Meter radiation by 96%! (See Video).

Report abuse

    Comments

    Your Comments
    Question   Razz  Sad   Evil  Exclaim  Smile  Redface  Biggrin  Surprised  Eek   Confused   Cool  LOL   Mad   Twisted  Rolleyes   Wink  Idea  Arrow  Neutral  Cry   Mr. Green

    MOST RECENT
    Load more ...

    SignUp

    Login

    Newsletter

    Email this story
    Email this story

    If you really want to ban this commenter, please write down the reason:

    If you really want to disable all recommended stories, click on OK button. After that, you will be redirect to your options page.