Pharmaceutical Blister Packaging Market Size, Growth and Forecast Report by 2027


Posted October 13, 2020 by pankajrathi

Global Pharmaceutical Blister Packaging Market was valued at USD 19.22 billion in 2019 which is expected to reach USD 26.25 billion by 2027 at a CAGR 5.6%.
 
Global Pharmaceutical Blister Packaging Market was valued at USD 19.22 billion in 2019 which is expected to reach USD 26.25 billion by 2027 at a CAGR 5.6%.

The Pharmaceutical Blister Packaging Market report, at first, has given a brief understanding of the industry through basic overview. This overview includes the market definition, key applications of the product, and the recent manufacturing technology employed for such production. The global Pharmaceutical Blister Packaging market has been analyzed in detail to gain an understanding of the competitive landscape, key regional status, and recent trends noted in the relevant industry.

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Pharmaceutical is the largest end use sector in blister packaging market. Blister packaging is widely used in tablets, and capsule packaging. It has various advantages such as assurance of product safety and product packaging.

Market Drivers
Growing pharmaceutical industry in emerging economics is the key driving factor which is expected to boost the global pharmaceutical blister packaging market growth. Furthermore, increase in demand for drug delivery devices and blister packaging will have the positive impact on market growth. Moreover, increase in technological advancements will fuel the market growth. In addition to that, increase in demand for blister packaging across the globe will propel the market growth in near future.

Market Restraints
However, lack of access and awareness in emerging market is the major restraining factor which is expected to hamper the market growth. Also, increase in overall packaging costs owing to regulatory policies will affect the market growth.

Market Key Players
Various key players are discussed in this report such as Amcor Plc, GERRESHEIMER AG, BERRY GLOBAL INC., SCHOTT AG, APTARGROUP, INC., BECTON, DICKINSON AND COMPANY, CATALENT, INC, NIPRO CORPORATION, and WEST PHARMACEUTICAL SERVICES, INC.

Market Taxonomy
By Material Type
• Paper & Paper Board
• Aluminum
• Polyvinyl Chloride (PVC)
• Polyethylene (PE)
• Polyethylene Terephthalate (PET)
• Others
By Technology
• Thermoforming
• Cold Forming
By Application
• Ampoules
• Vials
• Drugs
• Capsules
• Tablets
• Others
By Region
• North America
• Latin America
• Europe
• Asia Pacific
• Middle East & Africa

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Issued By qualiket research
Country India
Categories Business , Industry , Marketing
Tags pharmaceutical blister packaging market
Last Updated October 13, 2020