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 life which account great importance in both pharmaceutical and processed food industry.
By technology, the thermoformed segment dominates the market with more than 90% share in 2018 and is expected to maintain its dominance during the forecast period and is anticipated to grow at a significant rate in the coming years. Thermoformed blister packaging is widely used in consumer goods and pharmaceutical industry and with increasing investment in these sectors by both private and public players is expected to propel the market growth opportunities in the coming years.
The China Blister Packaging Market – Forecasts from 2019 to 2024 is an exhaustive study that presents the key market trends through various chapters focusing on different aspects of the market. The study provides a detailed market overview through the market dynamics sections which detail key market, drivers, restraints, and opportunities in the current market. The report analyzes key opportunity regional markets, and the current technology penetration through lifecycle analysis. The report also analyzes the market through comprehensive market segmentation by type, material, technology and end user.
The China blister packaging market has been segmented by type, material, technology, end user and geography. Based on type the market has been segmented into compartment, slide and wallet. By material, the market has been classified into PVC, PVDC, and PP. By technology, the market is segmented as cold-form and thermoformed. By end user, the market has been classified into consumer goods, food and pharmaceutical.
Major players in the China blister packaging market such as Constantia Flexibles, Schreiner Group, Sonoco Products Company, Perlen packaging, Bemis Company, Uhlmann Group, WestRock, Hangzhou Xunda Clamshell Packaging Co., Ltd., and Luoyang Dirante Pharmaceutical Packaging Material Co., Ltd. have been covered along with their relative competitive position and strategies.
The report also details recent deals and investments of different market players over the last year. The company profiles section details the business overview, financial performance for the past three years, key products and services being offered along with the recent developments of these important players in the China blister packaging market.
• By Type
• By Material
• By Technology
• By End-User
o Consumer Goods