- The key vendors in the global blister packaging market 2015-2019 are Amcor, Sonoco and WestRock.
London, 11 September 2015: Technavio, an independent tech-focused global research firm, has announced the publication of its market research report on the global blister packaging market 2015-2019. Manufacturers of pharmaceuticals, medical devices, food products, and personal care products are demanding highly competitive, cost-efficient, and visually appealing blister-packaging solutions. Additionally, nanotechnology is also used to develop advanced materials that can be used in blister packaging products or to coat packaging materials. The global blister packaging market is expected to grow at a CAGR of 6.8% during the forecast period of 2014-2019.
Rising consumer demand for interactive and user-friendly packs has led to increased demand for blister packaging in the retail and pharmaceutical industries. Blister packs not only safeguard products against harmful gases, light, humidity, and mechanical hazards, but also provide brand recognition and a user-friendly interface to display product information.
“Government regulations on carbon emissions, recycling, and use of raw materials are forcing market vendors to develop eco-friendly blister packs. This is expected to reduce the amount of energy, water, and raw materials consumed during manufacturing processes,”says Faisal Ghaus, Vice President of Technavio Research.
To define the market conditions in the next 3-4 years, Technavio analysts have conducted in-depth analysis of the impact of market drivers, challenges and trends featuring data on product segmentations, vendor shares, growth rate by revenue and an evaluation of the different buying criteria in the order of importance.
https://www.technavio.com/%3Cp%3EIf%20you%20are%20interested%20in%20more%…
