Blister Packaging Market Description
The global market for blister packaging is expected to reach $18 billion until 2022 while growing at a continuous rate of 4.5-5 percent. Factors such as unit-dose packaging, short-cycle medication, and monitored dosage system for the improvement of patient adherence are driving the blister packaging market. Blister packaging is also expected to increase its market share by 25 percent until 2022 in the pharmaceutical packaging market. The innovation in both product and material have attracted demand in developed regions. Consequently, increasing healthcare benefits and sale of OTC drugs further promote the growth for blister packs in emerging economies.
Blister packs are anticipated to occupy 23-25 percent of the packaging market in the next five years. Trends like CR packaging with an anti-lock mechanism, pressure sensitive push-through blisters (AOF), RFD chip-enabled medication compliance, and senior-friendly features are changing the manufacturing methods of blister packaging. The report also provides a descriptive analysis of the demand for global blister packaging by component and type. It also explores the global market outlook in regions such as North America, EMEA, APAC, and the LATAM, along with global trade dynamics, imports, and exports.
Beroe gathers intelligence through primary sources that include industry experts, researchers, and consultants, as well as current suppliers, producers and distributors. Secondary sources can include business journals, newsletters, magazines, market research data, company sources, and industry associations. Following data collation, analysis, and strategic review, the Final Research Report is published on Beroe LiVE.