DUBLIN, Oct 10, 2018 /PRNewswire/ --
The "Blister Packaging Market in the US 2018-2022" report has been added to ResearchAndMarkets.com's offering.
The blister packaging market in the US to grow at a CAGR of 9.45% during the period 2018-2022.
Blister Packaging Market in the US 2018-2022, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market. This market analysis report provides a comprehensive analysis of the market by components (forming film, and lidding material).
According to the report, one of the major drivers for this market is the cost benefits of blister packaging. Packaging costs account for almost 11% of the pharmaceutical products cost. Blister packaging being the most economical among other forms of pharmaceutical packaging, makes it the most popular packaging solution among pharmaceutical companies, thereby enhancing the market growth in the US.
Pharmaceutical manufacturers are increasingly outsourcing their packaging operations to contract packagers. Outsourcing packaging to contract packagers allow pharmaceutical companies to focus on their core business. Contract packagers maintain detailed SOPs, follow good manufacturing practices and offer services such as barcoding. Thus, the growing demand for contract packaging will be a key trend driving the blister packaging market in the US during the forecast period
Further, the report states that one of the major factors hindering the growth of this market is the volatility of raw material prices used for manufacturing blister packaging. Plastic films are made up of polymers which are derived from crude oil and natural gas. Therefore, any fluctuations in oil and gas prices has a negative impact on the profit margins of small vendors, which in turn has a detrimental effect on the market growth in the US.
Key vendors:
- Amcor
- Bemis
- Sonoco Products Company
- Winpak
Key Topics Covered:
PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
PART 03: RESEARCH METHODOLOGY
PART 04: MARKET LANDSCAPE
- Market ecosystem
- Market characteristics
- Market segmentation analysis
PART 05: MARKET SIZING
- Market definition
- Market sizing 2017
- Market size and forecast 2017-2022
PART 06: FIVE FORCES ANALYSIS
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
PART 07: MARKET SEGMENTATION BY COMPONENTS
- Segmentation by components
- Comparison by components
- Forming film - Market size and forecast 2017-2022
- Lidding material - Market size and forecast 2017-2022
- Market opportunity by components
PART 08: MARKET SEGMENTATION BY TECHNOLOGY
- Segmentation by technology
- Comparison by technology
- Thermoforming - Market size and forecast 2017-2022
- Cold forming - Market size and forecast 2017-2022
- Market opportunity by technology
PART 09: CUSTOMER LANDSCAPE
PART 10: DECISION FRAMEWORK
PART 11: DRIVERS AND CHALLENGES
- Market drivers
- Market challenges
PART 12: MARKET TRENDS
- Emergence of contract packaging
- Development of convenient blister packs
- Growing demand for sustainable packaging
PART 13: VENDOR LANDSCAPE
- Overview
- Landscape disruption
- Competitive scenario
PART 14: VENDOR ANALYSIS
- Vendors covered
- Vendor classification
- Market positioning of vendors
- Amcor
- Bemis
- Sonoco Products
- Winpak
PART 15: APPENDIX
For more information about this report visit https://www.researchandmarkets.com/research/fzzp2p/united_states?w=5
Did you know that we also offer Custom Research? Visit our Custom Research page to learn more and schedule a meeting with our Custom Research Manager.
Media Contact:
Research and Markets
Laura Wood, Senior Manager
[email protected]
For E.S.T Office Hours Call +1-917-300-0470
For U.S./CAN Toll Free Call +1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
SOURCE Research and Markets
Related Links
http://www.researchandmarkets.com
WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM?
Newsrooms &
Influencers
Digital Media
Outlets
Journalists
Opted In
Share this article