The South America blister packaging market is estimated to grow at a CAGR of 6.25% to reach a market size of US$1,019.897 million in 2024 from US$708.897 million in 2018. The demand for blister packaging will witness a rise in the region owing mainly to the rising demand for OTC and prescribed drugs. Furthermore, the favorable government policies and initiatives to boost the manufacturing and production activities in the region are estimated to further amplify the market growth during the forecast period. The country of Brazil will dominate the market owing to the growing manufacturing activities in the country and the country being one of the largest pharmaceutical manufacturers in the world. Argentina will also hold a considerable share, however, is projected to witness slower growth compared to the other segments in this region. Brazil dominated the market in 2018 and is estimated to grow at a highest CAGR as a result of expanding pharmaceutical and consumer goods industry. In fact, According to the World Bank, Brazil accounted for US$216.435 billion in manufacturing value added in 2017, accounting for 27.21% of the manufacturing value added of the whole Latin America and Caribbean.
The South America 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 South America blister packaging market on segmented based on 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.
Country analysis has been provided with detailed analysis and forecast for the period 2019 to 2024. The market has been broken down and analyzed into Brazil and Argentina among others.
Major players in the South America blister packaging market such as Bemis Company,
Sonoco Products Company, Honeywell International LLC, WestRock, Perlen packaging, and Dow Chemical Company among others 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 South America blister packaging market.
• By Type
• By Material
• By Technology
• By End-User
o Consumer Goods
• By Countries