As per this study the Global Pharmaceutical Blister Packaging Market was valued USD XX BN (by revenue) in 2021 and is anticipated to reach USD XX BN by 2027 with a CAGR of X%.
Blister packaging is a pre-formed plastic packaging used for protecting products from external factors that extend its shelf life. In the pharmaceutical sector, it is used to protect drugs from moisture, gas, high temperature, contamination, and other external factors. PVC, PCTFE, PVDC, aluminum, and other materials are used to increase the life of the capsules, tablets, and syrups.
Growing demand for safe and tamper evident packaging is driving the market growth. Blister packaging offers high moisture and oxygen barrier to increase product shelf life is fueling its application in the pharmaceutical sector. Increasing preference towards smart blister packaging is likely to push the market growth upwards. In addition to this, development of super barrier coating for blister packaging to protect ultra-sensitive drugs is again boosting the demand of blister packaging.
This detailed market study is centered on the data obtained from multiple sources and is analyzed using numerous tools including porter’s five forces analysis, market attractiveness analysis and value chain analysis. These tools are employed to gain insights of the potential value of the market facilitating the business strategists with the latest growth opportunities. Additionally, these tools also provide a detailed analysis of each application/product segment in the global market of pharmaceutical blister packaging.
The broad pharmaceutical blister packaging market has been sub-grouped into product, application and technology. The report studies these subsets with respect to the geographical segmentation. The strategists can gain a detailed insight and devise appropriate strategies to target specific market. This detail will lead to a focused approach leading to identification of better opportunities.
- Paper & Paperboard
- Cold Forming
Furthermore, the report comprises of the geographical segmentation, which mainly focuses on current and forecast demand for pharmaceutical blister packaging in North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The report further focuses on demand for individual application segments in all the regions.
Global Pharmaceutical Blister Packaging Market Share by Region (Representative Graph)
The report also covers detailed competitive landscape including company profiles of key players operating in the global market. The key players in the pharmaceutical blister packaging market include Asahi Seiko co. ltd, Bartlett, Berliss Bearing, Ceramicspeed A/S, FAG, MRC, NKE Bearing, NSK, NTN Bearing Corporation, Schaeffler Technologies AG & Co. KG and SKF. An in-depth view of the competitive outlook includes future capacities, key mergers & acquisitions, financial overview, partnerships, collaborations, new product launches, new product developments and other developments with information in terms of H.Q.
A combination of primary and secondary research has been used to determine the market estimates and forecasts. Sources used for secondary research include (but not limited to) Paid Data Sources, Company Websites, Technical Journals, Annual Reports, SEC Filings and various other industry publications. Specific details on methodology used for this report can be provided on demand.