Cold Form Blister Packaging Global Market is Projected to Reach $1.6 Billion by 2030: Strong Demand for Unit-Dose Packaging for Patient Compliance Supports Growth

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Global Market for Cold Form Blister Packaging

Global Market for Cold Form Blister Packaging
Global Market for Cold Form Blister Packaging

Dublin, May 10, 2023 (GLOBE NEWSWIRE) -- The "Cold Form Blister Packaging: Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.

The global market for Cold Form Blister Packaging estimated at US$986.6 Million in the year 2022, is projected to reach a revised size of US$1.6 Billion by 2030, growing at a CAGR of 6% over the analysis period 2022-2030.

Aluminum, one of the segments analyzed in the report, is projected to record a 6.4% CAGR and reach US$805 Million by the end of the analysis period.

Taking into account the ongoing post pandemic recovery, growth in the Polyvinyl Chloride segment is readjusted to a revised 5.9% CAGR for the next 8-year period.

The U.S. Market is Estimated at $137.8 Million, While China is Forecast to Grow at 7.7% CAGR

The Cold Form Blister Packaging market in the U.S. is estimated at US$137.8 Million in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$335.8 Million by the year 2030 trailing a CAGR of 7.7% over the analysis period 2022 to 2030.

Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 5.1% and 5.1% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 4.5% CAGR.

Select Competitors (Total 32 Featured) -

  • Amcor plc

  • Aphena Pharma Solutions, Inc.

  • Bilcare Limited

  • Constantia Flexibles Group GmbH

  • Essentra plc

  • Flexi Pack Limited

  • Green Pack Foils Pvt. Ltd.

  • Ningbo Dragon Packaging Technology Co,Ltd.

  • Nuplas Industries Limited

  • PAXXUS

  • Ropack Inc.

  • Svam Toyal Packaging Industries Pvt. Ltd.

  • Tekni-Plex, Inc.

  • Wasdell Packaging Group

  • Winpak Ltd.

  • Wisesorbent Technology LLC

Key Attributes:

Report Attribute

Details

No. of Pages

242

Forecast Period

2022 - 2030

Estimated Market Value (USD) in 2022

$986.6 Million

Forecasted Market Value (USD) by 2030

$1600 Million

Compound Annual Growth Rate

6.2%

Regions Covered

Global

Key Topics Covered:

I. METHODOLOGY

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

  • Influencer Market Insights

  • World Market Trajectories

  • Cold Form Blister Packaging - Global Key Competitors Percentage Market Share in 2022 (E)

  • Impact of Covid-19 and a Looming Global Recession

  • 2020 Marked as a Year of Disruption & Transformation

  • World Economic Growth Projections (Real GDP, Annual % Change) for 2020, 2021, & 2022

  • Impact of COVID-19 on Packaging Sector

  • Global Packaging Market Reset & Trajectory - Growth Outlook (In %) For Years 2019 Through 2025

  • Megatrends amid COVID-19 with Potential to Reshape Blister Pack Design

  • Pharmaceutical Packaging Remains Stable

  • COVID-19 to Restructure the Pharmaceutical Supply Chain Management

  • Exploding E-Commerce to Drive Demand for Packaging

  • Global e-Commerce Market Reset & Trajectory - Growth Outlook (In %) For Years 2019 Through 2025

  • Blister Packaging: An Overview

  • Global Packaging Market (in US$ Billion) for the Years 2018, 2020 and 2022

  • Exploding Consumerism in Developing Countries Spurs Revenue Growth

  • Blister Packaging: The Mainstay of Pharmaceutical Packaging

  • Global Pharmaceutical Packaging Market by Material (in %): 2020E

  • Cold Form Blister Packaging: A Preview

  • Cold Forming Blister Packs Vs Thermoforming Blister Packs

  • Pharma Packaging: Primary Market Driver

  • Recent Market Activity

  • Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

  • Strong Demand for Unit-Dose Packaging for Patient Compliance Supports Growth

  • R&D Initiatives Set Perfect Stage for Market Growth

  • Companies Come Forward with Sustainable Solutions

  • Factors Supporting Cold Form Blister Pack Innovations

  • Introduction of New Packaging Formats and Materials Pose a Threat to Market Growth

  • Rise in Pharmaceutical Sales to Drive Demand

  • Global Prescription Drug Sales (In US$ Billion) for the Years 2017, 2019, 2021, 2023 & 2025

  • Rapid Growth of Generic Drugs Augurs Well for Market Growth

  • Global Generic Drugs Market Size (in $ Billion) for the Years 2016, 2019, 2022 & 2025

  • Smart Blister Packaging for Clinical Trials to Push Patient Compliance to Medications

  • Contract Packaging Trend Augurs Well for Market Growth

  • Serialization Drives New Design Developments in Pharma Sector

  • Increasing Acceptance of Food Blister Packaging Brings the Food & Beverage Industry

  • Megatrends Wielding Influence on the Market

  • Aging Population & Increasing Burden of Chronic Diseases Spurs Pharma Product Sales, Driving Market Growth

  • Global Aging Population Statistics for the 65+ Age Group in Million by Geographic Region for the Years 2019, 2025, 2035 and 2050

  • Global Cancer Incidence: Number of New Cancer Cases in Million for the Years 2018, 2020, 2025, 2030, 2035 and 2040

  • World Diabetes and Population Statistics (2019, 2030 & 2045)

4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS

IV. COMPETITION

For more information about this report visit https://www.researchandmarkets.com/r/pqctqj

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