Blister Packaging Market Growing at 6.25% CAGR to 2022 Dominated by Plastic Film

Feb 11, 2016, 01:00 ET from RnR Market Research

PUNE, India, February 11, 2016 /PRNewswire/ --

Global market for blister packaging is dominated by plastic film in terms of material and Asia Pacific, regionally, and will be worth $18.25 billion by 2022, at an estimated CAGR of 6.25% according to this new report.

Complete report on global blister packaging market spread across 234 pages, profiling 10 companies and supported with 210 tables and 63 figures is now available at .

The blister packaging market is 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 & medical products. 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.

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.

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. In Tier 1 (39%), Tier 2 (37%) and Tier 3 (24%) companies were contacted for primary interviews. The interviews were conducted with various key people such as C-Level (38%), Manager Level (36%) and others (26%) from various key organizations operating in the blister packaging market. The primary interviews were conducted worldwide covering regions such as North America (37%), Europe (33%), APAC (29%) and Row (15%).

The various suppliers of blister packaging profiled in this report such as 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.). Order a copy of 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 at .

This report segments the blister packaging market comprehensively and provides the closest approximations of the revenue numbers for the overall market and the sub-segments across the different verticals and regions. This report helps stakeholders to understand the market and provides them information on key market drivers, restraints, challenges, and opportunities.

This report will help stakeholders to better understand their competitors and gain more insights into their position in the business.

On a related note, another research on Anti-Counterfeiting Packaging Market Global Trends & Forecast to 2019 says, the market for anti-counterfeit, anti-tampering and authentication is projected to record a CAGR of 14.1% from 2014 to 2019. Factors such as cost, widening application areas, and innovative techniques are increasing the market for anti-counterfeit industry, globally. The research methodology used to estimate and forecast the anti-counterfeit packaging market begins with capturing data on key vendor revenues through secondary research. Companies like 3M Company, Alien Technology Corporation, Alpvision S.A., Authentix, Avery Dennison Corporation, Dupont, Essentra PLC, Impinj Inc., Sicpa, Zebra Technologies Corporation have been profiled in this 214 pages research report available at .

Explore more reports on Manufacturing & Construction at .

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SOURCE RnR Market Research