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Blister Packaging Market Share

Report ID: GMI1726
Published Date: Apr 2021
Report Format: PDF

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Blister Packaging Market Share

Key participants in the blister packaging industry include:

Amcor plc
Uhlmann
Sonoco Products Company
Constantia Flexibles
WestRock Company
Klöckner Pentaplast
Honeywell International Inc

Industry payers are engaged in mergers & acquisitions, facility expansion, product launches, and R&D investments to enhance their market shares. For instance, in February 2020, Sonoco Products Company launched a new all-paper retail blister package, which is a good ecofriendly alternative to thermoformed plastic blister packaging. Further, in January 2019, Constantia Flexibles flexible launched blister packaging solution for dietary supplements, personal care, and oral dosage pharmaceutical pills application.

Authors: Kiran Pulidindi

Frequently Asked Questions (FAQ) :

Blister packaging market will register a CAGR of 6.2% through 2027 owing to increasing demand for medical tablets and rising development of innovative packaging solutions.

Consumer goods application segment will record a CAGR of around 7% CAGR through 2027 on account of increasing product demand in electronics, toys, and other industries.

Clamshell segment will register a valuation of around USD 7.40 billion by 2027 due to increasing product adoption in food and consumer goods applications.

Asia Pacific held around 45% volumetric share in 2020 owing to strong economic growth in the region coupled with the positive outlook for the regional pharmaceutical industry.

Aluminum foil segment will hold nearly 15% volumetric share by 2027 with increasing demand for pharmaceutical applications for packaging of various drugs owing to its superior moisture protection characteristics and high recyclability.