The Canada blister packaging market was valued at US$128.050 million in 2021 and is projected to expand at a CAGR of 3.16% over the forecast period to reach US$159.206 million by 2028.
The economic scenario of Canada is similar to that of the United States, with the country witnessing steady economic growth over the last couple of years. This trend is expected to continue during the forecast period, and thus, is expected to increase the production of pharmaceutical drugs, resulting in revenue generation opportunities for the blister packaging manufacturers. By technology, a thermoformed segment in Canada is estimated to hold a dominant share of the blister packaging market in 2018 and is expected to maintain its dominance during the forecast period.
This research study examines the Canadian blister packaging market based on various segments: type, material, technology, end-users and countries. First, a brief overview of the market details key driving factors and challenges. Next, Porter's five forces model analyzes the emergency shutdown system industry comprehensively. This is followed by industry value chain analysis which determines the companies which are part of the different processes and contributing to various sectors.
The study also presents in-depth information concerning the development, trends, and industry policies and regulations affecting the Canada blister packaging market. Moreover, the research study analyzes the overall regulatory framework of the emergency shutdown system sector, offering stakeholders a better understanding of the key factors influencing the overall market environment.
Canada blister packaging market – Forecasts from 2023 to 2028 is a comprehensive and latest report. It provides vital market information to executives and interested stakeholders to enable them to get vital market information. The report also analyzes the competitive landscape and details strategies of key market players and also plots them on our vendor matrix in four quadrants: leader, follower, challenger, and niche.
The scope and coverage of the Canada blister packaging market report is as below:
| Report Metric | Details |
|---|---|
| Study Period | 2021 to 2031 |
| Historical Data | 2021 to 2024 |
| Base Year | 2025 |
| Forecast Period | 2026 – 2031 |
| Report Metric | Details |
| Market Size Value in 2021 | US$128.050 million |
| Market Size Value in 2028 | US$159.206 million |
| Growth Rate | CAGR of 3.16% from 2021 to 2028 |
| Base Year | 2021 |
| Forecast Period | 2023 – 2028 |
| Forecast Unit (Value) | USD Million |
| Segments Covered | Type, Material, Technology, and End-User |
| Companies Covered | Nelipak, Sonoco Products Company, Honeywell International LLC, WestRock, Tekni-Plex Inc., Dow Chemical Company, VisiPak |
| Customization Scope | Free report customization with purchase |
Different segments covered under the Canada blister packaging market report are as below: