Contract Blister Packaging Services Market Global Trends, Market Share, Industry Size, Growth, Opportunities, and Market Forecast 2019 to 2026

Title:
Contract Blister Packaging Services Market Global Trends, Market Share,
Industry Size, Growth, Opportunities, and Market Forecast 2019 to 2026
The global contract blister packaging services market is forecasted to value over US$
15 billion by the end of 2026 and register a CAGR of over 6% during the forecast
period of 2019-2026.
One of the important aspects of selling any product is its appearance. The way it is
presented to consumers matters a lot. Packaging of the product is a very vital factor
that is to be given the utmost priority as it is the one that imprints a first impression
in the minds of consumers. One of the segments in the market of packaging is blister
packaging. It is premade plastic that is generally used to pack foods, medicines and
small consumer goods. It is mainly used to protect packaged products from humidity,
contamination and in case the product is light-sensitive, the blister packaging also
protects it from harmful UV rays. It is also used for wrapping products like
toothbrush, tablets, electronic toys. A lot of consumer research and development is
being undertaken to develop innovative packaging technologies and designs.
Entrance of third-party logistics companies like DHL has drastically improved the
delivery time. It has also resulted in reduction of distribution and transportation
cost.
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Insights on Contract Blister Packaging Services Market
By Region:
> Asia Pacific
> North America
> Europe
> Latin America
> Rest of the World
Asia Pacific leads the pack when it comes to global blister packaging market. One of
the reasons for that is the presence of a large number of manufacturing companies
in China and India who dominate the market. North America and Europe regions are
next in rank and they are going to be consistent throughout the forecast period. In
particular, the European region have some stringent regulations over using excess
amount of material in the packaging system. Package size reduction is also an
important factor for the manufacturers to use blister packaging. Due to risings
demands of pharmaceuticals in Latin America, it is a fast-growing region in the global
blister packaging market. Rest of the world is also a fast-growing region and is
expected to perform well during the forecast period.
By Packaging Type
> Face Seal Blister
> Full Face Seal Blister
> Trapped Blister
> Full Card Blister
By Industry
> Pharmaceutical
> FMCG
> Food and Beverage
The pharmaceutical and healthcare industry are dominating in the blister packaging
market in Europe and it is expected to have a consistent growth throughout the
forecast period. FMCG sector is also expected to acquire a significant market share
during the forecast period.
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Competitive Landscape:
> Tier 1 players- established companies in the market with a major market share
> Tier 2 players
> Emerging players which are growing rapidly
> New Entrants
Tier 1 companies comprise 35% of the global market while tier 2 acquires a 30%
share of the global market. Tier 3 companies too share 35% of the market.
FutureWise Key Takeaways:
> Growth prospects
> SWOT analysis
> Key trends
> Key data-points affecting market growth
Objectives of the Study:
> To provide with an exhaustive analysis on the global contract blister packaging
services market by region, by packaging type, by industry
> To cater comprehensive information on factors impacting market growth (drivers,
restraints, opportunities, and industry-specific restraints)
> To evaluate and forecast micro-markets and the overall market
> To predict the market size, in key regions (along with countries)?North America,
Europe, Asia Pacific, Latin America, and rest of the world
> To record evaluate and competitive landscape mapping- product launches,
technological advancements, mergers and expansions
> Profiling of companies to evaluate their market shares, strategies, financials and
core competencies
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Contact Us:
Company Name: FutureWise Research
Contact Person: Vinay Thaploo
Email: sales@futurewiseresearch.com
Phone: +44 141 628 9353 / +1 970 279 4295
City: Leeds
Country: United Kingdom
Website: www.futurewiseresearch.com
About FutureWise Research:
We specialise in high-growth niche markets, assuring flexibility, agility and
customised solutions for our clients. Through in-depth market insights and
consultancy, we present our clients with the tools they need to be at the forefront of
their industry - a position secured for far more than the near future.

The global contract blister packaging services market is forecasted to value over US$ 15 billion by the end of 2026 and register a CAGR of over 6% during the forecast period of 2019-2026. One of the important aspects of selling any product is its appearance. The way it is presented to consumers matters a lot. Packaging of the product is a very vital factor that is to be given the utmost priority as it is the one that imprints a first impression in the minds of consumers. One of the segments in the market of packaging is blister packaging.