The global Pharmaceutical Blister Packaging Market is a highly fragmented domain. A number of industry players are striving to compete fiercely by focusing on product launches along with mergers and acquisitions. Renowned vendors are making considerable investments in manufacturing facilities, in addition to attaining distribution centers in lucrative areas around the world.
- DOW Chemical
- Amcor Limited
- Valley Industries
- Constantia Flexibles
- Mitsubishi Chemical Holdings
- Berry Plastics
The worldwide Pharmaceutical Blister Packaging Market has been segmented depending on type, application, production methods, and materials.
The geographical distribution of the Pharmaceutical Blister Packaging Market has been done for Europe, Latin America, Middle East and Africa, North America and Asia Pacific.
Stringent regulations coupled with rising demand from consumers and manufacturers alike has made it favorable for the blister packages market to thrive in Asia Pacific. Manufacturers in the region are constantly trying to earn tax incentives by developing products that adhere to the regulatory standards. The surge in demand for over-the-counter drugs has also stimulated market growth in the region. Apart from this, improving economic status of the region, especially in India and China combined with the consequent rise in consumer disposable income favors market growth. Business growth in the region is imminent owing to the presence of a huge number of consumer goods manufacturing facilities, mostly in China.
In Europe, increasing prevalence of diseases, expanding geriatric population, and evolving consumer lifestyles have led to surge in demand for medicines. This induces growth in the blister packs market within the region. Strict government regulations also have an imperative role in the market growth. The booming consumer goods industry in Europe has aided Pharmaceutical Blister Packaging Market grab a healthy share of the pie. Another factor that promotes market growth in the region is the soaring demand for attractive packaging for consumer goods.
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