The blister packaging market for food is projected to grow at a CAGR of 4.61%, rising from US$2264.795 million in 2018 to reach US$2969.080million in 2024. Food packaging over the years has undergone various revolutionary changes in terms of shape, end user and even material used. Increasing disposable income and rising household spending in developing economies like China, India, and Brazil is expected to drive the growth of the market during the forecast period. According to the Organisation f Read more...
The consumer goods blister packaging market is projected to grow at a CAGR of 5.37% during the forecast period. Blister form of packaging is widely used for consumer goods as it not only provides the products with a range of options for creating visually appealing and texturally pleasing experience but also allow consumers to view the product before making a decision of purchase. Rapid urbanization couple with growing disposable income expands the purchasing power of the consumers which further Read more...
The pharmaceutical blister packaging market is projected to grow at a CAGR of 5.33%, rising from US$5079.192million in 2018 to reach US$6934.617 million in 2024. As with most other packaged goods, pharmaceuticals need reliable and speedy packaging solutions that deliver a combination of product protection, quality, temper evidence, patient comfort and security needs. Growing healthcare and pharmaceutical industry is the major driving factor that is boosting the blister packaging market growth. A Read more...
The global Thermoformed blister packaging market is projected to grow at a CAGR of 5.13% during the forecast period. Thermoformed blister packs are commonly used for packaging food, consumer goods, and pharmaceutical products. It holds a major share in the market on account of its ease of production and cost-efficiency. Widespread adoption of this technology in food and personal care industry in both developed and developing region has resulted in the increased demand for thermoformed blister pr Read more...
The global cold-formed blister packaging market is projected to grow at a CAGR of 5.42%, rising from US$927.460 million in 2018 to reach US$1,272.748 million in 2024 owing to its growing penetration in the pharmaceutical packaging industry due to stringent regulations in regions such as North America, and Europe. The cold-form blister packaging is gaining popularity in the market primarily due to the growing demand for efficient packaging in the pharmaceutical industry. Cold forming packs are ma Read more...
India blister packaging market is expected to grow from US$388.502 million in 2018 to US$676.371 million in 2024 at a CAGR of 9.68%. India is one of the leading markets for packed food in the world and with the increasing disposable income couple with rapid urbanization the market for blister packaging across different industry verticals is expected to witness substantial growth during the forecast period. In addition, expanding pharmaceutical industry and rising government initiative by making Read more...
Japan blister packaging market is expected to grow at a significant rate to reach a market size of US$2193.415 million in 2024. Japan is one of the most advanced economies in the world and is world’s third biggest pharmaceuticals market behind only the United States and China. Growing geriatric population in the country provides ample number of opportunities for pharmaceutical companies around the globe as older population need more medicines, in fact population ages 65 and above as a percent Read more...
China blister packaging market is expected to grow from US$1306.383 million in 2018 to US$2193.415 million in 2024 at a CAGR of 9.02%. Expanding pharmaceutical industry and increasing manufacturing of medicines owing to rise in diseases is expected to drive the growth of the market during the forecast period. In addition, expanding manufacturing and food industry is anticipated to boost the adoption of blister packaging on account of its characteristics like product integrity and extended shelf Read more...
The Asia Pacific blister packaging market is estimated to grow at a CAGR of 6.73% to reach a market size of US$5476.692 million in 2024 from US$3705 million in 2018. China is dominating the market in 2018 with more than thirty five percent share in 2018, which is further projected to increase to nearly forty percent market share in 2024 on account of growing investment in the manufacturing and pharmaceutical industry while the India blister packaging market is estimated to increase at a signific Read more...
The market for blister packaging in Middle East and Africa blister is estimated to reach a market size of US$443.500 million in 2024. The demand for blister packaging will witness a rise in the region owing mainly to the rising demand for OTC and prescribed drugs. Countries like Saudi Arabia and Israel is further anticipated to result in the blister packaging market for the region to grow due to their budding pharmaceutical manufacturing activities. In the region, compartment type of blister pac Read more...
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