The global blister packaging market will grow from $11.94 billion in 2015 to reach $18.25 billion by 2022, at a CAGR of 6.25% driven by growing healthcare industry as a result of increasing health awareness and rising aging population which further highlights the need of the healthcare assistance and increases the demand of the pharmaceutical and medical products.
“Asia-Pacific to be the fastest-growing market during the forecast period.”
The Asia-Pacific region is projected to be the fastest-growing market during the forecast period, followed by North America, from 2015 to 2022. Japan accounted for the largest consumption of blister packaging, followed by China in 2014. In North America, the U.S. is the largest consumer of blister packaging and accounted for the largest market share in terms of value and volume among all the countries in the world. Complete report on blister packaging market spread across 234 pages, profiling 10 companies and supported with 210 tables and 63 figures is now available at http://www.rnrmarketresearch.com/blister-packaging-market-by-material-plastic-film-paper-paperboard-aluminum-technology-thermoforming-cold-forming-heat-seal-coating-water-based-solvent-based-application-food-consumer-goods-industrial-goods-healthcare-global--market-report.html .
Breakdown of Primaries:
In-depth interviews have been conducted with various key industry participants, subject matter experts, C-level executives of key market players, and industry consultants among other experts to obtain and verify critical qualitative and quantitative information as well as assess future market prospects. Distribution of primary interviews is as follows:
> By Company Type: Tier1- 39%, Tier2- 37%, and Tier3- 24%
> By Designation: C-level- 38%, Manager Level- 36%, and Others*- 26%
> By Region: North America- 37%, Europe- 33%, Asia-Pacific 15%, and RoW- 15%
The tier of the companies is defined on the basis of their total revenue, as of 2014: Tier1: Revenue >USD 500 million, Tier2: Revenue USD 100 to USD 500 million, and Tier3: Revenue < USD 100 million
The various suppliers in blister packaging market include Amcor Limited (Australia), The Dow Chemical Company (U.S.), West Rock Company (U.S.), Bemis Company, Inc. (U.S.), Sonoco Products Company (U.S.), Constantia Flexibles (Austria), Klockner Pentaplast Group (Germany), Display Pack, Inc. (U.S.), Tekni-Plex, Inc. (U.S.) and Pharma Packaging Solutions (U.S.). Priced at $4650 for a single user PDF, Inquire Before Buying on “Blister Packaging Market by Material (Plastic Film, Paper & Paperboard, Aluminum), Technology (Thermoforming, Cold forming), Heat Seal Coating (Water-based, Solvent-based), Application (Food Consumer Goods, Industrial Goods, Healthcare) - Global Forecast to 2022”research report can be requested at http://www.rnrmarketresearch.com/contacts/inquire-before-buying?rname=468011 .
“Plastic film dominated the blister packaging market in 2014.”
Plastic film accounted for the largest share in the blister packaging market in 2014. Due to excellent barrier properties of plastic, as well as it being cost effective, it is widely used in healthcare industry for the blister packaging of medical and pharmaceutical products.
Related Market Reports:
“Sustainable Packaging Market by Material (Paper & Paperboard, Plastic, Metal, Glass), Process (Recycled, Reusable, Degradable), Function (Active, Molded Pulp, Alternate Fiber), Application (Food & Beverage, Healthcare, Others) & Layer - Global Forecast to 2020”: With leading players such as Amcor Limited (Australia), Bemis Company, Inc. (U.S.), Tetra Laval International S.A. (Switzerland), Mondi plc (South Africa), WestRock Company (U.S.), BASF SE (Germany), Sonoco Products Company (U.S.), Smurfit Kappa Group PLC (U.S.), Sealed Air Corporation (U.S.) and Huhtamaki OYJ (Finland) are discussed in this research available at http://www.rnrmarketresearch.com/sustainable-packaging-market-by-material-paper-paperboard-plastic-metal-glass-process-recycled-reusable-degradable-function-active-molded-pulp-alternate-fiber-application-food-beverage-healthcare-others-layer-global-forecast--market-report.html .
Explore more Sustainable Packaging Market Research Reports at http://www.rnrmarketresearch.com/reports/manufacturing-construction/packaging/sustainable-packaging .
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