• About us
  • Contact Us
  • Submit a Press Release
Thursday, June 8, 2023
Share on facebook
Share on twitter
Share on linkedin
Share on pinterest
TheEast-Africana
No Result
View All Result
Submit PR
  • Ethiopia

    AIEN 2023 AWARDS CEREMONY – Yahoo Canada Finance

    Botswana safari: an insider's guide to the adventure of a lifetime – Condé Nast Traveller

    Feeding back of individual genetic results in Botswana: mapping … – BMC Medical Ethics

    Water tanks are becoming increasingly necessary in Botswana – Mmegi Online

  • Kenya

    Kenya Re eyes more deals in South Africa – Business Daily

    WATCH | Eswatini Air touches down in Cape Town, offering three flights a week in the city – News24

    Eswatini Air flights boost tourism, trade ties with SA – CAJ News Africa – Caj News Africa

    Eswatini Deputy Prime Minister arrives in Taiwan – Taiwan News

  • Rwanda

    Merck Foundation CEO African First Ladies Announce Winners of … – Business Wire India

    Research finds that Lesotho has the highest suicide rate in the world – News24

    Lesotho: Government Pledges Support to National Transport Master Plan (NTMP) – ZAWYA

    Rwanda: Telecos Excited About End of 4G Internet Monopoly – AllAfrica – Top Africa News

  • Uganda

    Expro Wins Well Intervention and Integrity Contract for Major Project in Uganda – Expro Gr Hldgs (NYSE:XP – Benzinga

    Uganda's economy is already doing better in 2023 than it did in 2022 – see key figures – Business Insider Africa

    New report lays bare lack of gender diversity in African tech startup … – Disrupt Africa

    Uganda: Museveni signs Anti-Homosexuality Bill – PinkNews

  • MORE COUNTRIES
    • Burundi
    • Comoros
    • Djibouti
    • Eritrea
    • Ethiopia
    • Kenya
    • Madagascar
    • Malawi
    • Mauritius
    • Mozambique
    • Rwanda
    • Seychelles
    • Somalia
    • South Sudan
    • Tanzania
    • Uganda
    • Zambia
    • Zimbabwe
  • AFRICA
    Annual Investment Meeting 2023 to Explore the Role of Digital Technology in Designing Future Cities

    Annual Investment Meeting 2023 to Explore the Role of Digital Technology in Designing Future Cities

    BZR on Coinstore – a Significant Milestone for Bazaars

    BZR on Coinstore – a Significant Milestone for Bazaars

    Kaafmeem to Provide VIP Clothing for Saudi Motorsport Company during Formula1 event in KSA.

    Kaafmeem to Provide VIP Clothing for Saudi Motorsport Company during Formula1 event in KSA.

    أعرب 83٪ من المسلمين عن ولعهم بالمنتجات والخدمات الصديقة للبيئة ، وفقا لاستطلاع أجرته TGM Research

    أعرب 83٪ من المسلمين عن ولعهم بالمنتجات والخدمات الصديقة للبيئة ، وفقا لاستطلاع أجرته TGM Research

  • Press releases
    Global Project Management Forum kicks off Monday, June 12

    Global Project Management Forum kicks off Monday, June 12

    Global Project Management Forum kicks off Monday, June 12

    انطلاق فعاليات المنتدى العالمي لإدارة المشاريع الإثنين المقبل

    Risk Analytics Market Size & Revenue Forecast| $70.5 billion by 2027

    Risk Analytics Market Size & Revenue Forecast| $70.5 billion by 2027

    C6ISR Market: Global Trends, Growth Opportunities, and Forecasts to 2030

    Immersive Analytics Market Share, Application Analysis, Regional Outlook, Competitive Strategies, Key Players to 2028

    Edge Computing in Healthcare Market worth $12.9 billion by 2028

    Edge Computing in Healthcare Market worth $12.9 billion by 2028

    Trending Tags

    • Ethiopia

      AIEN 2023 AWARDS CEREMONY – Yahoo Canada Finance

      Botswana safari: an insider's guide to the adventure of a lifetime – Condé Nast Traveller

      Feeding back of individual genetic results in Botswana: mapping … – BMC Medical Ethics

      Water tanks are becoming increasingly necessary in Botswana – Mmegi Online

    • Kenya

      Kenya Re eyes more deals in South Africa – Business Daily

      WATCH | Eswatini Air touches down in Cape Town, offering three flights a week in the city – News24

      Eswatini Air flights boost tourism, trade ties with SA – CAJ News Africa – Caj News Africa

      Eswatini Deputy Prime Minister arrives in Taiwan – Taiwan News

    • Rwanda

      Merck Foundation CEO African First Ladies Announce Winners of … – Business Wire India

      Research finds that Lesotho has the highest suicide rate in the world – News24

      Lesotho: Government Pledges Support to National Transport Master Plan (NTMP) – ZAWYA

      Rwanda: Telecos Excited About End of 4G Internet Monopoly – AllAfrica – Top Africa News

    • Uganda

      Expro Wins Well Intervention and Integrity Contract for Major Project in Uganda – Expro Gr Hldgs (NYSE:XP – Benzinga

      Uganda's economy is already doing better in 2023 than it did in 2022 – see key figures – Business Insider Africa

      New report lays bare lack of gender diversity in African tech startup … – Disrupt Africa

      Uganda: Museveni signs Anti-Homosexuality Bill – PinkNews

    • MORE COUNTRIES
      • Burundi
      • Comoros
      • Djibouti
      • Eritrea
      • Ethiopia
      • Kenya
      • Madagascar
      • Malawi
      • Mauritius
      • Mozambique
      • Rwanda
      • Seychelles
      • Somalia
      • South Sudan
      • Tanzania
      • Uganda
      • Zambia
      • Zimbabwe
    • AFRICA
      Annual Investment Meeting 2023 to Explore the Role of Digital Technology in Designing Future Cities

      Annual Investment Meeting 2023 to Explore the Role of Digital Technology in Designing Future Cities

      BZR on Coinstore – a Significant Milestone for Bazaars

      BZR on Coinstore – a Significant Milestone for Bazaars

      Kaafmeem to Provide VIP Clothing for Saudi Motorsport Company during Formula1 event in KSA.

      Kaafmeem to Provide VIP Clothing for Saudi Motorsport Company during Formula1 event in KSA.

      أعرب 83٪ من المسلمين عن ولعهم بالمنتجات والخدمات الصديقة للبيئة ، وفقا لاستطلاع أجرته TGM Research

      أعرب 83٪ من المسلمين عن ولعهم بالمنتجات والخدمات الصديقة للبيئة ، وفقا لاستطلاع أجرته TGM Research

    • Press releases
      Global Project Management Forum kicks off Monday, June 12

      Global Project Management Forum kicks off Monday, June 12

      Global Project Management Forum kicks off Monday, June 12

      انطلاق فعاليات المنتدى العالمي لإدارة المشاريع الإثنين المقبل

      Risk Analytics Market Size & Revenue Forecast| $70.5 billion by 2027

      Risk Analytics Market Size & Revenue Forecast| $70.5 billion by 2027

      C6ISR Market: Global Trends, Growth Opportunities, and Forecasts to 2030

      Immersive Analytics Market Share, Application Analysis, Regional Outlook, Competitive Strategies, Key Players to 2028

      Edge Computing in Healthcare Market worth $12.9 billion by 2028

      Edge Computing in Healthcare Market worth $12.9 billion by 2028

      Trending Tags

      Submit PR
      No Result
      View All Result
      TheEast-africana
      Submit PR
      Home Press Releases

      Blister Packaging Market Size Forecast to Reach $21.5 Billion by 2026

      admin by admin
      February 8, 2022
      in Press Releases
      Phototherapy Equipment Market Size Forecast to Reach $1.2 Billion by 2026
      Share on FacebookShare on Twitter


      (EMAILWIRE.COM, February 08, 2022 ) Blister packaging market size is forecast to reach US$ 21.5 billion by 2026, after growing at a CAGR of 5.88% during 2021-2026. Blister packaging refers to pre-formed plastic packaging that consists of a cavity that is made using a thermoforming plastic and a paper or aluminum foil back. blister packaging usually has a backing a press seal of plastics or aluminum foil and excludes the need for cartons and reliefs in packaging costs. It is performed in wrapping medicines, consumer goods, and food products and delivers ease in product handling besides protecting the goods from harsh climatic conditions and pollution. The reaction injection molding process is used to manufacture blister packaging polymers. Hence, this feature will boost the Blister Packaging Market worldwide. For instance, Constantia Flexibles has launched Flexible Blister, an aptly-named packaging solution designed with an emphasis on portability and customer convenience. On the other hand, Domino Printing Sciences has launched K600G, a new blister foil and web digital printing technology for product serialization in pharmaceutical applications. Goods including cosmetics, electronics, and medicines are extensively consumed and this packaging makes it simpler for the consumers in handling and its usage. North America dominates the Blister Packaging in 2020 followed by Asia Pacific and Europe.

      COVID-19 Impact

      Blister packaging is mostly used in the healthcare industry and the demand has increased on account of the increase in pharmaceutical and medical products during this pandemic. Certain drugs were permitted for use as an interim medicine to control COVID-19 by international regulatory organizations such as Food and Drug Administration (FDA). The setting up of new hospitals and COVID-19 centers across the world has augmented the demand for medical devices. These factors have been endorsed to the escalation in demand for blister packaging.

      Blister Packaging Market Segment Analysis – By Type

      Carded held the largest share of 38% in the Blister Packaging Market in 2020. Carded blister packaging has the capability to configure different shapes, stack many products, and its ease of handling and outstanding damage prevention properties. The growing demand from food packaging and e-commerce industries support the growth of carded blister packaging. A carded blister packaging has numerous advantages over normal packaging such as being highly durable, airtight, product visibility, childproof and tamper-proof. In addition, card blister packaging is also widely used for the cosmetics industry, owing to its high product protection properties. For instance, Nivea, a global personal care company had a sales rate of US$ 5.2 Billion in 2019. On the other hand, the personal care and household section accounts for 50% of Fast-moving consumer goods (FMCG) sales in India, which is the fourth largest sector in India. So, the development in personal care growth indirectly enhances the growth rate of Blister Packaging Market in the forecast period.

      Request for Sample Report @ https://www.industryarc.com/pdfdownload.php?id=15180

      Report Price: $4500 (Single User License)

      Blister Packaging Market Segment Analysis – By Materials

      Polymers held the largest share of 35% in the Blister Packaging Market in 2020. Blister packaging is made using several types of rugged polymers, including Polyethylene terephthalate (PET), Polyvinylchloride (PVC), Polyvinylidene chloride (PVDC), and others. Blister packs provide a safe, secure way to ship medicines and small consumer items, offering additional protection when goods are transported inside custom cardboard boxes. Owing to its advantages like cost-effective, Food and Drug Administration (FDA) approved, eco-friendly makes it the most preferable material in the Blister Packaging manufacturing and certainly escalate the growth of the market.

      Blister Packaging Market Segment Analysis – By Technology

      Thermoforming dominates the Blister Packaging Market growing at a CAGR of 6.3%. Thermoforming of blisters is a manufacturing process where a plastic sheet is heated to a pliable, forming temperature, formed to a specific shape in a mold, and then trimmed. The film is heated in an oven to a high enough temperature that is then stretched into or onto a mold and cooled. It is widely used in the end-use sectors such as healthcare and food. This method can produce many thousands of finished parts per hour depending on the machine and the mold size. It is preferred over cold forming technology for blister packaging and requires low initial tools and equipment costs which makes it the preferable technology and enhances the growth in the Blister Packaging Market.

      Blister Packaging Market Segment Analysis – By Application

      Pharmaceutical dominates the Blister Packaging Market growing at a CAGR of 6.75%. The Pharmaceutical industry meets a number of challenges like rising costs, compliance regulations, new drug compositions, growing markets, scarcity of storage space, and many more. So advanced packaging that comforts pharma companies to confront these challenges is the need of the hour. Blister packaging is a state-of-the-art packaging solution that offers an optimal solution and its importance will only increase as companies rely more on packaging and labeling to protect and promote their products, increase patient compliance, expand their markets and build brand credibility. According to the Indian Economic Survey 2021, India’s domestic pharmaceutical market is estimated at US$ 41 billion in 2021 and is likely to reach US$ 65 billion by 2024 and further expand to reach US$ 120-130 billion by 2030. And the innovation in the sector is at peak for like recently in 2021 the U.S. Food and Drug Administration (FDA) approved Aduhelm for the treatment of Alzheimer’s, a debilitating disease affecting 6.2 million Americans. Aduhelm was approved using the accelerated approval pathway, which can be used for a drug for a serious or life-threatening illness. The constant development in this sector through aspects, be it product, market, or building brand is having a direct positive impact on the Blister Packaging Market.

      Blister Packaging Market Segment Analysis – By End-Use Industry

      Medical and healthcare held the largest share in the Blister Packaging Market in 2020 up to 43%. Blister packaging of healthcare products reduces the possibility of product contamination and protects healthcare products from moisture, gas, light, and temperature. This is driving the demand for blister packaging in the healthcare end-use sector. With the ongoing pandemic, the demand for healthcare facilities, medicines, and related products are in high demand and eventually growing on a daily basis. For instance, in 2020 Mondi, UK based packaging company has recently developed packaging for QIAGEN’s SARS-CoV-2 coronavirus test kit consist of polyester, aluminum, polyethylene construction to provide the necessary protection from light and moisture so that the test kits are not compromised before they are used. The Healthcare sector is developing worldwide rapidly for like, the French fund Lauxera Capital Partners, which was launched in 2020 in Paris and San Francisco, announced a US$ 121 million fund to support European healthcare startups. Whereas, in India, the government announced US$ 8.80 billion outlay for the healthcare sector over six years in the Union Budget 2021-22 to strengthen the existing National Health Mission by developing capacities of primary, secondary and tertiary care, healthcare systems, and institutions for detection and cure of new & emerging diseases. With the rapid growth rate in the Healthcare sector, the demand for Blister Packaging will parallelly increase and certainly have a positive impact on the Blister Packaging Market.

      Blister Packaging Market Segment Analysis – By Geography

      North America region held the largest share in the Blister Packaging in 2020 up to 35% followed by Asia Pacific and Europe. The rapid industrialization reinforced by the government for improving the economy accelerates the growth of the automotive, healthcare, and cosmetics industry. Moreover, the constantly emerging population in the region and the increasing concern of individuals to invest more on their healthcare and personal care are the primary reason for powering the expansion of Blister Packaging in the regional market. The health care sector in the US is rapidly growing certainly with major projects like for instance, campus expansion of Houston Methodist the Woodlands Hospital, Texas for US$240 million. And New York Northwell Health plans to invest US$500 million to increase the services and quality of care to the residents of Suffolk County. Additional, the Automotive sector with 20.2 million sales rates in 2020, according to Organisation Internationale des Constructeurs d’Automobiles (OICA) is also contributing to the growth of the Blister packaging. The overall developments and the initiatives in the region justify the major share of the market as the demands are rising out in the sectors and enhancing the growth of the Blister Packaging Market.

      Blister Packaging Market Drivers

      Blister Packaging in Food and Beverage sector

      The food industry is by far the biggest user of blister packaging. Blisters are a very convenient way for retailers to package a large variety of fresh food, such as fruit, meat, bakery products, sweets, ice cream, etc. Blisters not only show the product well but also protect the food against damage during transport and handling. On top of that, blisters are lighter than for example, glass or metal, and have good product protection properties. Blisters are relatively cheap and make it easy to adhere to strict hygiene demands, even for packing relatively inexpensive products. For packing chocolates, blisters are often used as interiors for luxury boxes. Sometimes it may be necessary to show your food product in a more distinctive way on the shop shelves. This prominent driver has positively anticipated propelling the growth of the global Blister Packaging Market.

      Blister Packaging in Toy Industry

      During blister production many packs can be made at the same time that can each hold different items without having to alter too many variables. The material used in toy blister packaging is Polyethylene terephthalate (PET), Polyvinyl chloride (PVC), Polyvinylidene chloride (PVDC), and many others. The blister-packed toy is dust-proof, transparent, and beautiful after sealing. By using toy blister packaging, it makes the product have a well-designed package to sell well. Even though they can be quite hard to open at times, blister packages are incredibly useful and it comes in all shapes and sizes. Blister packaging is especially popular for its ability to safely seal a product inside a container, while at the same time also revealing a large part of it to consumers. India’s toy market has been calculated to the value of around US$ 1 billion, however, 80% of the toys within the market are imported. And the Indian government has launched Toycathon for students, teachers, experts, and start-ups to crowdsource ideas for developing innovative toys and games. On the other hand, in 2021 U.S. retail sales of toys generated US$ 25.1 billion in 2020, an increase of 16% or US$ 3.5 billion. The developments and the constant rise in the industry certainly have a positive impact on the Blister Packaging Market in the forecast period.

      Inquiry Before Buying @ https://www.industryarc.com/reports/request-quote?id=15180

      Blister Packaging Market Challenges

      Blister packaging is not ideal for the packaging of heavy items

      Blister packaging is not an ideal solution for the packaging of heavy items and is primarily castoff for the intention of safeguarding lightweight objects. Heavy products will lay additional pressure on their paperboard backing or the plastic film in which they are packed. This may consequence in the damage of packages while handling, storing, and transporting the product, further causing escalated cost and loss of the product. In arrears to this, blister packaging is not used for such products and is also not advisable for costly and fragile products as the faulty blister packaging may break or damage the product resulting in a loss to the manufacturer. This condition is a major setback and can hamper the growth of the Blister Packaging Market.

      Tighter standards for Blister Packaging

      Rigorous guidelines executed on blister packaging, distinctively in the healthcare the industry might throw up a challenge to the blister packaging market. Falling in line with regulations is compulsory as the negligible defect in packaging may damage the product and also undesirably influence the manufacturer’s profit. According to the Food and Drug Administration (FDA), a blister cell the label must have the trademarked and established name, strength, expiration date, bar code, and the manufacturer name must appear over each blister cell. Meeting the terms with such regulations involves efforts, costs, time, and resources, which becomes a challenge and might hinder the growth of the blister packaging market.

      Blister Packaging Market Landscape

      Technology launches, acquisitions and R&D activities are key strategies adopted by players in the Blister Packaging. Major players in the Blister Packaging Market are

      Amcor Limited

      Bemis Company, Inc.

      DowDupont Inc.

      WestRock Company

      Sonoco Products Company

      Constantia Flexibles

      Klockner Pentaplast Group

      Honeywell International Inc

      Tekni-plex, Inc.

      Display Pack, Inc.

      Pharma Pack, Inc.

      Acquisitions/Technology Launches/ Product Launches

      In April 30, 2021, Amcor, a packaging solutions provider has launched a recyclable polyethylene-based thermoform blister packaging system, called AmSky. The company has developed the new AmSky blister system to meet the strict requirements of specialized and regulated pharmaceutical packaging.

      In February 5, 2020, the Alloyd Division of Sonoco, one of the most sustainable diversified global packaging companies introduced all-paper retail blister package. The new EnviroSense PaperBlister™ provides an alternative to the more traditional thermoformed plastic blister package that is found prominently in retail outlets around the world.

      Related Reports:

      A. Cold Form Blister Foil Market

      https://www.industryarc.com/Report/18408/cold-form-blister-foil-market-research-report-analysis.html

      B. Thermoform Packaging Market

      https://www.industryarc.com/Research/Thermoform-Packaging-Market-Research-501476

      For more Chemicals and Materials Market related reports, please click here

      About IndustryARC: IndustryARC primarily focuses on Cutting Edge Technologies and Newer Applications market research. Our Custom Research Services are designed to provide insights on the constant flux in the global supply-demand gap of markets. Our strong team of analysts enables us to meet the client research needs at a rapid speed, with a variety of options for your business. Any other custom requirements can be discussed with our team, drop an e-mail to sales@industryarc.com to discuss more about our consulting services.



      Source link

      Previous Post

      Marketing Automation Market Size USD 6.4 billion by 2024

      Next Post

      Education ERP Market worth $25.2 billion by 2026

      Related Posts

      Global Project Management Forum kicks off Monday, June 12
      Press Releases

      Global Project Management Forum kicks off Monday, June 12

      June 7, 2023
      Global Project Management Forum kicks off Monday, June 12
      Press Releases

      انطلاق فعاليات المنتدى العالمي لإدارة المشاريع الإثنين المقبل

      June 7, 2023
      Press Releases

      C6ISR Market: Global Trends, Growth Opportunities, and Forecasts to 2030

      June 5, 2023
      Press Releases

      Immersive Analytics Market Share, Application Analysis, Regional Outlook, Competitive Strategies, Key Players to 2028

      June 5, 2023
      Edge Computing in Healthcare Market worth $12.9 billion by 2028
      Press Releases

      Edge Computing in Healthcare Market worth $12.9 billion by 2028

      June 5, 2023
      Hybrid EV Conversion Kit Market to reach USD 1425.48 Mn by 2029 at a growth rate of 16.5 percent over the forecast period
      Press Releases

      Hybrid EV Conversion Kit Market to reach USD 1425.48 Mn by 2029 at a growth rate of 16.5 percent over the forecast period

      June 5, 2023

      Discussion about this post

      LATEST NEWS

      Global Project Management Forum kicks off Monday, June 12

      Global Project Management Forum kicks off Monday, June 12

      June 7, 2023
      Global Project Management Forum kicks off Monday, June 12

      انطلاق فعاليات المنتدى العالمي لإدارة المشاريع الإثنين المقبل

      June 7, 2023

      AIEN 2023 AWARDS CEREMONY – Yahoo Canada Finance

      June 5, 2023

      Botswana safari: an insider's guide to the adventure of a lifetime – Condé Nast Traveller

      June 5, 2023

      About

      The East Africana™ reports and aggregates business, socio-economic, Tech and industrial news on Southern African countries.

      We provide press release distribution to media outlets in Africa including Botswana, Eswatini, Lesotho, Namibia and South Africa. Submit a press release or contact us today.

      Categories

      ETHIOPIA

      KENYA

      RWANDA

      UGANDA

      MORE COUNTRIES

      AFRICA

      PRESS RELEASES

      Recent Post

      Recent Posts
      • Global Project Management Forum kicks off Monday, June 12
      • انطلاق فعاليات المنتدى العالمي لإدارة المشاريع الإثنين المقبل
      • AIEN 2023 AWARDS CEREMONY – Yahoo Canada Finance

      Subscribe to Our Newsletter

        Share Us

        Share on facebook
        Share on twitter
        Share on linkedin
        Share on pinterest

        Contact Us

        • +1 832 716 2363
        • +12816454086
        • Email: Email Us
        • Skype: groupwebmedia
        The East Africana™ is part of GroupWeb Media Network. © 2023 GroupWeb Media LLC
        No Result
        View All Result
        • Ethiopia
        • Kenya
        • Rwanda
        • Uganda
        • MORE COUNTRIES
          • Burundi
          • Comoros
          • Djibouti
          • Eritrea
          • Ethiopia
          • Kenya
          • Madagascar
          • Malawi
          • Mauritius
          • Mozambique
          • Rwanda
          • Seychelles
          • Somalia
          • South Sudan
          • Tanzania
          • Uganda
          • Zambia
          • Zimbabwe
        • AFRICA
        • Press releases

        Share on facebook
        Share on twitter
        Share on linkedin
        Share on pinterest
        © 2023 The-East-Africana