The South America blister packaging market was valued at US$802.712 million in 2021 and is projected to expand at a CAGR of 6.41% over the forecast period to reach US$1,240.043 million by 2028.
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 its being one of the largest pharmaceutical manufacturers in the world. Argentina will also hold a considerable share; however, it is projected to witness slower growth compared to the other segments in this region.
This research study examines the South American blister packaging market based on various segments: type, material, technology, end-user, 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 that are part of the different processes and contribute to various sectors.
The study also presents in-depth information concerning the development, trends, and industry policies and regulations affecting the South America 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.
South America 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 make informed decisions. 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 South America 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$802.712 million |
| Market Size Value in 2028 | US$1,240.043 million |
| Growth Rate | CAGR of 6.41% from 2021 to 2028 |
| Base Year | 2021 |
| Forecast Period | 2023 – 2028 |
| Forecast Unit (Value) | USD Million |
| Segments Covered | Type, Material, Technology, End-User, and Country |
| Regions Covered | Brazil, Argentina, Others |
| Companies Covered | Nelipak, Sonoco Products Company, Honeywell International LLC, WestRock, Dow Chemical Company |
| Customization Scope | Free report customization with purchase |
Different segments covered under the South America blister packaging market report are as below: