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 of population has increased from 18.031% in 2002 to 27.049% in 2017 (Source: The World Bank). To address the needs of countries aging population, government is easing regulations and accelerating approval of innovative new drug in a campaign to promote pharmaceuticals companies both domestic and foreign, and to attract new companies to the Japanese market.
The Japan 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 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, market is segmented as cold-form and thermoformed. By end user, the market has been classified into consumer goods, food and pharmaceutical.
By technology, thermoformed segment dominates the market with nearly 89% share in 2018 and is expected to continue its dominance during the forecast period. Thermoformed blister packaging is widely used in both food packaging and pharmaceutical industry and with increasing investment in these sectors by both private and public players the market is expected to witness substantial growth during the forecast period.
Major players in the Japan blister packaging market 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 Japan blister packaging market.
• By Type
• By Material
• By Technology
• By End-User
o Consumer Goods