Knowledge Sourcing Intelligence

Blister Packaging Market Is Estimated to Grow at a CAGR of 5.16% to Reach $12,197.471 Million in 2024: Knowledge Sourcing Intelligence

LogoThe recent study on the blister packaging market covers an in-depth analysis of the market based on type, material, technology, end-users, and geography. The report also covers the country-level analysis within the regions as well. Additionally, the report covers the key trends in the market along with drivers and restraint during the forecast period 2018 to 2024. The report has segmented the blister packaging market by type (compartment, slide, wallet), by material (PVC, PVDC, PP, others), technology (cold-form, thermoformed), end-user (consumer goods, food, pharmaceutical), and geography into North America (United States, Canada, Mexico, others), South America (Brazil, Argentina, Others), Europe (Germany, France, United Kingdom, Others), Middle East and Africa (Saudi Arabia, Israel, Others) and Asia Pacific (China, Japan, India, South Korea, Others). The blister packaging market is expected to witness a sharp rise during the forecast period owing to its growing demand in food, consumer goods, and pharmaceutical industry. Rapid growth in prescription and Over-the-Counter (OTC) drugs market is leading to an increased demand for blister packaging solutions since it is the widely adopted packaging option around the globe. Also, as with most other packaged goods, pharmaceuticals need reliable and speedy packaging solutions that deliver a combination of product protection, quality, tamper evidence, patient comfort, and security needs. Expanding pharmaceutical and healthcare industry is anticipated to increase the blister packaging market share during the forecast period.