North America Blister Packaging Market – Growth & Forecast (2024

North America Blister Packaging Market - Size

Study Period

2018 - 2030

Base Year For Estimation

2023

Forecast Data Period

2024-2030

Historical Data Period

2018-2021

CAGR

7 %

Source: Envision Intelligence Analysis & Experts Insights.

*Graph shown for illustrative purpose only, the final report will have the graph with actual data and data labels

Packaging is the science of protecting the product for proper storage and transportation. Blister packaging will provide barrier protection for the product and allows the consumer to explore the product through the transparent plastic visually. It also protects the product from environmental hazards and also extends the shelf life of the product. The benefits concerning blister packaging include security, visibility, customisation, cost-effective and others.

North America Blister Packaging Market Size & Growth:

The North America Blister Packaging Market size is projected to reach approximately $ XX Billion with a CAGR close to XX% during the forecast period of 2018-2024. The Key factors that drive the growth of the market include growing demand for conventionally packaged products, visible evident and convenient packaging designs for product protection, rising disposable incomes, increased usage of blister packaging in pharmaceutical industries and others. Major restraints for the blister packaging include fluctuations in raw material prices and the fact that blister packaging doesn’t serve well in case of heavy products.

Innovations and developments in blister packaging can facilitate product tracking on smartphones and also remains patients to take medicines on time. It also allows the disabled or blinded people to easily identify the basic details of the product that is inside the packaging which is an untapped opportunity in the pharmaceutical sector for blister packaging. Increasing number of medical facilities and launch of several health programs by the governments across the world are the major factors influencing the market growth.

North America Blister Packaging Market Share:

Various parameters divided the North America blister

North America Blister Packaging Market - Growth

Source: Envision Intelligence Analysis & Experts Insights.

*Graph shown for illustrative purpose only, the final report will have the graph with actual data and data labels

packaging. By the Technology, they are divided into thermoforming and cold forming. Among them, the thermoforming segment has the largest market share owing to rising demand for thin gauge thermoforming packaging items as packaging tray in the medical & healthcare sector. By the Type, they are divided into the clamshell and carded. Among them carded type has the largest market share owing to its damage prevention properties and easily handling ability. By the Material, they are divided into aluminium, paper & paper boards and plastic films. As the paper & paperboard is again categorised into the solid bleached board, white lined chipboard and others and the plastic films were again divided into polyethene, polyethene terephthalate, rigid polyvinyl chloride, polyvinyl chloride and others. Among them polyvinyl chloride has the fastest market growth owing to its increased availability and high potential towards the growth of automotive and healthcare sector. Aluminium has the largest market share owing to its properties of high corrosion resistance and reduced self-weight. By the end-user, they are divided into food & beverages, pharmaceutical, consumer electronics, cosmetic & personal care and others. Among them, the pharmaceutical segment has the largest market share owing to increased usage of blisters for packaging of unit dose medicines such as capsules & medicines and various veterinary products.

By Geography, United States has the largest market share owing to increased healthcare awareness among the people and rising consumption of packaged products along with continuous innovations & technological developments in both pharmaceutical and medical industry.

North America Blister Packaging Market Trends:

Cypak’s advanced medication monitoring and report card system can record the time and date that a pill was taken based on the time, it is removed from the blister.
Keystone Folding Box Company along with Legacy Pharmaceutical packaging have launched an Ecoslide-RX which is made from 100% recycled material, using the unbleached paperboard and a clay-coated surface designed to house blister packaging.

North America Blister Packaging Market Research Reports:

An executive summary condensing the whole report such that essential authority can rapidly twist up doubtlessly acquainted with brief overview and conclusion.

To have complete market analysis through industry value chain analysis, Porter’s five, PESTLE, SWOT analysis, and Y-o-Y analysis.

Regional and Global Diversity is analysed with the major countries and the unions. Scrutinizing the revenue generation on Year–On–Year

Identifying DROC in the current market and their impact in altering the market dynamics.

Competitive landscape analysis to identify the merger and acquisition which will have a comparative financial analysis with major competitors.

Expertise investment opportunities by an analyst to the individual and organisation to have a better foothold in the market.

Identify the latest developments, market shares and strategies that are employed by the major market players, such as

Amcor Limited
Bemis Company, INC
Sonoco Products Company
Honeywell International, INC
Romaco Pharmatechnik GmbH

Along with these companies, there were many other companies considered/cited in the report while analysing the North America Blister Packaging market. These companies hold substantial share-owning to the nature of the industry whereas rest of the market shares are marginal chunks to regional and local level manufacturers. Other players have considerable presence owing to its robust brand image, geographical reach and strong customer base.

industry. North America Blister

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North America Blister Packaging Market - Porter's Five Force Analysis

Source: Envision Intelligence Analysis & Experts Insights.

*Graph shown for illustrative purpose only, the final report will have the graph with actual data and data labels

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