The food blister packaging market 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 for Economic Co-operation and Development, household spending in China has increased from US$2666514 million in 2005 to US$7648476 million in 2015. In addition, rising health awareness among consumer is expected to increase the demand for nutritious food packed in advance form of packaging including blister is anticipated to propel the market growth opportunities in the coming years.
The Food 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, end user and countries.
The Food blister packaging market has been segmented by type, material, technology 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 has been classified into cold-form and thermoformed.
Regional analysis has been provided with detailed analysis and forecast for the period 2018 to 2024. The global market has been broken down into North America, South America, Europe, Middle East and Africa, and Asia Pacific regions. The report also analyzes 14 countries across these regions with thorough analysis and forecast along with prevailing market trends and opportunities which each of these countries present for the manufacturers.
Major players in the Food blister packaging market such as Bemis Company, Uhlmann Group, Sonoco Products Company, Perlen packaging, WestRock, Constantia Flexibles, and Schreiner Group have been covered along with their relative competitive position and strategies. The report also mentions 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 Food blister packaging market.
• By Type
• By Material
• By Technology
• By Geography
o North America
o South America
o Middle East and Africa
o Asia Pacific