The report of Global Pharmaceutical Blister Packaging Market by Product (Plastic, Aluminum, Paper & Paperboard), Application (Tablet, Capsule, Others), Technology (Cold Forming, Thermoforming), and Region (North America, Europe, Middle East & Africa, South America, Asia Pacific) is expected to reach US$ XX Bn by 2026, at a CAGR of 6.3 % during a forecast period.
Demand for Global Pharmaceutical Blister Packaging Market
Necessity for patient compliance and regulations are the main drivers for the growth of blisters in pharmaceutical packaging
Innovation in both material and product have attracted demand in urbanized regions. Growing healthcare benefits and the sale of OTC drugs promote the development of blister packs further in developing regions.
The tablets segment is expected to grow at the largest CAGR of XX% during the forecast period.
Tablets segment will be the largest application in the pharmaceutical blister packaging market globally. By 2026, beyond 1,000 thousand tons of pharmaceutical blister packaging products will be used in tablets applications across the world. The report also estimates that throughout the forecast period, over XX% of the global pharmaceutical blister packaging market volumes will be used in tablet applications.
North America is expected to witness the fastest growth during the forecast period.
North America is the leading region estimated to contribute over XX% with respect to value share in 2018 and is anticipated to grow at a CAGR of XX% over the period of forecast, thus dominating the market. The U.S market of pharmaceutical blister packaging developed smoothly, with an average growth rate of XX %. In 2018, the U.S revenue of the pharmaceutical blister packaging market was about US$ XX million.
Key players operating in the Global Pharmaceutical Blister Packaging Market are Amcor, Constantia Flexibles, Kl?ckner Pentaplast, Bemis, MeadWestvaco, Tekni-plex, Honeywell, CPH GROUP, Shanghai Haishun, Bilcare, IPS Ariflex, Zhong jin, Carcano Antonio, Aluberg, Goldstonepack
Maximize Market Research, a global market research firm with a dedicated team of specialists and data has carried out extensive research about the Global Pharmaceutical Blister Packaging Market. The report encompasses the market by different segments and region, providing an in-depth analysis of the overall industry ecosystem, useful for making an informed strategic decision by the key stakeholders in the industry. Importantly, the report delivers forecasts and share of the market, further giving an insight into the market dynamics, and future opportunities that might exist. The driving forces, as well as considerable restraints, have been explained in depth. in addition to this, competitive landscape describing the strategic growth of the competitors have been taken into consideration for enhancing market know-how of our clients and at the same time explain Global Pharmaceutical Blister Packaging Market positioning of competitors.
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