Europe Pharmaceutical Blister Packaging market was valued at US$ 7,989.0 Mn in 2020 and it is expected to reach at US$ 12,949.8 Mn by 2027, growing at a CAGR of 7.5% over the forecast period.
Blister packages are very beneficial for shielding goods due to some external factors, including moistness & pollution for long duration. Also, blister packaging is a light-sensitive material used against UV rays and it is portable in nature and can protect drugs over a long shelf life. Blister This is improved type of packaging compared with conventional packaging that includes product integrity, production, and tamper proof, compact prospect of accidental misuse, and patient compliance.
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The market overview section includes all aspects of the Europe Pharmaceutical Blister Packaging Market, driving or restraining its expansion. As well as Boosters & constraints of the Europe Pharmaceutical Blister Packaging Market have been studied. Strategic research methodologies were adopted for maintaining accuracy in results, obtained from primary & secondary research. Our skilled analysts scientifically investigated the compound annual growth rate and the approximate revenue the global Europe Pharmaceutical Blister Packaging Market can generate over the forecast period.
Based on application, the Europe pharmaceutical blister packaging market is categorized into tablets, capsules, vital and others.
Tablets has accounted for the highest market share in 2020. This is due adoption of blister packaging by capsule manufacturing companies due to several benefits associated such as requires fewer resources for packaging, occupy less retail shelf space, and offer an excellent hang-hook display.
The demand for pharmaceutical blister packaging has risen on account of the increase in demand for pharmaceutical & medical products during this crisis. Certain drugs were approved for use as an interim medicine to control COVID-19 (Coronavirus) by international regulatory organizations. The establishment of new hospitals and COVID-19 centers across the Europe has increased the demand for medicines and medical devices. These factors have been attributed to the increase in demand for blister packaging in pharmaceutical industry.
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February 2020 – Consumer packaging company Sonoco’s Alloyd business launched an all-paper retail blister package. Named EnviroSensePaperBlister, the new packaging is an alternative to the existing thermoformed plastic blister package. Designed to be environmentally friendly, EnviroSensePaperBlister is a plastic-free package and is recyclable in the paper stream. The packaging is also available with the Sustainable Forestry Initiative (SFI) Certification.
January 2020 – Amcor partnered with Moda to offer innovative packaging solutions. Amcor and Moda offer multiple innovative solutions in flexible packaging and are expected to offer new resources to help gain and further strengthen Amcor’s position in the flexible packaging market.
Various key players are listed in this report such as Amcor Plc, Wonderpack Group, Sonoco Products Company, Bilcare Limited, Honeywell International Inc, West Rock Company, Constantia Flexibles GmbH, Klockner Pentaplast Group, Tekni-Plex Inc, E.I. Du Pont De Nemours and Company, etc.
By Material Type
- Polyethylene Terephthalate (PET)
- Polyethylene (PE)
- Polyvinyl Chloride (PVC)
- Polyvinyl Chloride (PVC)
- Paper & Paper Board
- Cold Forming
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