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NEW YORK , April 7, 2022 /PRNewswire/ -- The global blister packaging market size is expected to reach USD 46.74 Billion in 2030 and register a revenue CAGR of 6.8% over the forecast period, according to latest report by Reports and Data. Cost-effectiveness of blister packaging and tamper-evident design for product protection are the key factors expected to drive market revenue growth over the forecast period.
Blister packaging is a type of pre-formed plastic packaging used for a variety of applications, including small consumer products, foods, and pharmaceuticals. It is used in the healthcare industry to package medical devices and pharmaceuticals. Blister solutions are commonly utilized in packaging food and consumer goods as well. Blister packaging uses limited resources and provides solutions that take up less shelf space, and offer good environmental protection. This packaging is made of a tough polymer that is suitable for a wide range of uses, including pharmaceuticals, electronic equipment, and toy products.
Blister packs minimize the need for additional cartons, thereby lowering the cost of packaging. Hardware, foils and films, toys, electrical products, and other items are all packaged in this way. Blister packaging secures the product while also allowing it to be easily shown, and it can also be used for advertising. It is tamper-proof and less expensive than other types of packaging.
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Blister packaging is expected to be in high demand globally, particularly for packaging medicinal products. Consistent adoption in consumer goods and food applications has reinforced the usage of this technology to offer more dependable and customized packaging that meets specific convenience and safety standards. Morever, blister packs can last a long time and help maintain product quality while they await purchase.
Manufacturers are investing in new technologies and are focusing on product improvement, resulting in continuous development in the industry. Most blister packing machinery has traditionally used pressure and heat to produce a cavity from a plastic or paper sheet. However, advancements in thermoforming and cold forming technologies have allowed for steeper depths and angles during forming, as well as reduction in the amount of material utilized for each cavity, in recent years.
Some Key Highlights From the Report
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To identify the key trends in the industry, research study at https://www.reportsanddata.com/report-detail/blister-packaging-market For the purpose of this report, Reports and Data has segmented the global blister packaging market based on material type, packaging type, technology, end-use, and region:
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