Global Blister packaging market projected to grow at 5.81% CAGR by 2020: Market Reports Center
The Global Blister Packaging Market Report, 2016-2020 Market Research Report provides complete details about the current scenario of the global Global Blister Packaging industry with a special focus on the Chinese market. Key statistics about the market status of the manufacturers in the Global Blister Packaging Industry as well as the details about the companies profiles are properly provided in the report.
The Global Blister Packaging Market Report, 2016-2020 Market Research Report is a comprehensive and insightful report that throws light upon the manufacturers as well as give a detailed study of the individuals who are interested in the industry. In addition to it, the report also talks about the largest players both in the international as well as in the Chinese markets.
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According to the report, increase in medical compliance rates is a key driver aiding to the growth of this market. Patient adherence to medications drops by 45%-50% within the first four months of therapy. This not only affects the sales of the pharmaceuticals but also has adverse effects on the individual’s health. Manufacturers are developing compliance packaging, which includes blister packaging to increase compliance to medication. Companies are looking to design and manufacture pharma packaging formats such as blister packs to encourage and remind patients to take their daily dosage, thereby increasing the compliance rate by 20 times, fostering the market for blister packaging.
Further, the report states that competition from other forms of packaging is a major challenge the market is facing. Folding cartons, strip packs, bubble packs, skin packaging, plastic bottles and tubes, pouches, windowed packaging, trays, containers, and clamshell packaging are some of the alternative packaging options available for pharmaceuticals, medical devices, food, and other consumer goods.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
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Covered in this report
The report covers the present scenario and the growth prospects of the global blister packaging market for 2016-2020. The report also presents the vendor landscape and a corresponding detailed profiling of the major vendors across the value chain of the global blister packaging market.
The market is divided into the following segments based on geography:
- APAC
- Europe
- North America
- ROW
Key vendors
- Amcor
- Bemis
- Owens-Illinois
- Sonoco
Key questions answered in this report
- What will the market size be in 2020 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
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