Blister Packaging Market in the US 2015-2019 provides information on pricing, market analysis, shares, forecast, and company profiles for key industry participants. - MarketResearchReports.biz
To Read the Complete Report with Toc Visit: http://www.marketresearchreports.biz/analysis/245012
Blister packaging is a kind of pre-formed plastic packaging used for small consumer goods, pharmaceutical drugs, and medical devices. A blister pack is made of aluminum foil or plastic with a cavity or pocket made from thermoformed plastic. It helps protect products from contamination and external conditions such as humidity. These packs are manufactured primarily through two processes: thermoforming and cold forming. Blister packs are used to package pharmaceutical products such as OTC drugs and medicines, as well as small medical devices. A blister that folds onto itself is known as a clamshell.
Growth Prospects of the Blister Packaging Market in the US: Pharma, FDA, Retail Outlets
The Blister Packaging market in the US is expected to grow at a CAGR of around 6% during the period 2014-2019. Increased demand from the Pharmaceutical industry is one of the primary drivers of the Blister Packaging market in the US. The implementation of FDA regulations, which require that all prescribed pharmaceuticals dispensed in hospitals and nursing homes be packaged in unit-dose formats with barcodes to reduce dispensing errors, has increased sales of blister packs over the years. Demand for interactive and user-friendly packs is rising because of the rise in the number of retail outlets. Blister packaging allows vendors to increase brand recognition and awareness among customers.
Click Here To Download sample Copy Of This Report: http://www.marketresearchreports.biz/sample/sample/245012
Scope of the Report:
This report covers the present scenario and the growth prospects of the Blister Packaging market in the US for the period 2015-2019. To calculate the market size, the report takes into account the total revenue generated from different end-users.
The report presents the vendor landscape and a corresponding detailed analysis of the top four companies in the market. In order to arrive at a ranking of the leading vendors in the market, the report considers the revenue generated by vendors of packaging services. It also provides data on the different segments of the Blister Packaging market in the US categorized on the basis of raw material used and end-user.
Segmentation by End Users: The market for Blister Packaging in US is segmented by type of end-users, such as the Pharmaceutical industry and the Food and Retail industry.
Segmentation by Raw Materials: The market for Blister Packaging in US is segmented by type of raw materials used, such as PVC, Aclar, Cold Form, PVDC, COC, and PP.
In addition, the report discusses the major drivers that influence the growth of the market. It also outlines the challenges faced by the companies and the market at large, as well as the key trends emerging in the market.
Key Drivers in the Blister Packaging Market in US:
Growing Demand from Pharmaceutical Industry
Over the past few years, demand for blister packs has been increasing in the Pharmaceutical industry. The growing incidence of diseases, aging population, and changing consumer lifestyles have increased the need for medicines, which has, in turn, led to a higher demand for blister packaging. The implementation of FDA regulations, which require all prescribed pharmaceuticals dispensed in hospitals and nursing homes to be packaged in unit-dose formats with barcodes to reduce dispensing errors, has increased the sales of blister packs over the years. For instance, demand for contact lenses in blister packs has increased tremendously in recent years.
Other driver and its impact explained in detail in the report.
Key Challenges in the Blister Packaging Market in US:
Rise in Raw Material Prices
The prices of raw materials used to manufacture blister packaging products, especially plastic and aluminum, are volatile. Over the past few years, there has been an increase in the demand-supply gap, which has led to a substantial increase in raw material prices. The escalating prices of raw materials such as plastic resins increase manufacturing costs and reduce the profit margins of vendors. Vendors are under pressure because of intense competition. Rising inflation and shortage of good quality raw materials, especially biodegradable raw materials, have also contributed to increasing in prices. To overcome this challenge, manufacturers of blister packaging are trying to develop new packaging materials and packages that perform optimally at reduced costs.
Other challenges and its impact explained in detail in the report.
Key Trends in the Blister Packaging Market in US:
Enhanced Protection Criteria
Vendors use improved raw materials in blister packs to provide maximum protection for products, especially medicines and medical equipment. For instance, plastics can be molded into any shape to safeguard the product against impurities. They also offer better solutions for shipment, protection, and storage of intricate and expensive medical devices than glass or paper-based packaging materials. In addition, thermoformed blister packaging of pharmaceutical products provides the flexibility, chemical resistance, transparency, and durability to enhance safety and efficiency in laboratory, hospital, and household use.
Other trends and its impact explained in detail in the report.
Competitive Vendor Landscape in the Blister Packaging Market in US:
This market is highly fragmented because of the presence of many new intensely competitive vendors in the market. To survive and succeed in this environment, companies need to distinguish their product by adopting clear and unique value propositions. They are expanding their businesses by adopting new technologies in product manufacturing to increase their profit margin and market share. Key vendors in the market are Amcor, Bemis, MeadWestvaco, and Sonoco Products.
The other prominent companies in this market include Catalent Pharma Solutions, Compass Pharma Services, Creative Forming, Display Pack, Honeywell, Innovative Plastics, MTS Medication Technologies, Pharma Packaging Solutions, Placon, Plastic Ingenuity, Polyone, Prent, Reynolds Flexible Packaging, Rohrer, Sealed Air, Tekni-Plex, The DOW Chemical, Uhlmann Group.
This Report also Includes an Analysis on the Following:
A detailed analysis of the top companies including SWOT Analysis for each company
Drivers and Challenges and its Impact on the Blister Packaging Market in US
Market segmentation by raw materials and end-users
Five Forces Analysis on the Blister Packaging Market in the US
Blister Packaging market size in US, Forecasts, and Trends
TechNavio also offers customizations on reports based upon specific client requirements.
Key Questions Answered in this Report
What will the market size be in 2019 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
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About us
MarketResearchReports.biz is the most comprehensive collection of market research reports. MarketResearchReports.Biz services are specially designed to save time and money for our clients. We are a one stop solution for all your research needs, our main offerings are syndicated research reports, custom research, subscription access and consulting services. We serve all sizes and types of companies spanning across various industries.
To View The Top Related News: http://www.marketresearchreports.biz/articles
Contact
Mr. Nachiket
90 Sate Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
USA: Canada Toll Free: 866-997-4948
Website: http://www.marketresearchreports.biz/
E: sales@marketresearchreports.biz
To Read the Complete Report with Toc Visit: http://www.marketresearchreports.biz/analysis/245012
Blister packaging is a kind of pre-formed plastic packaging used for small consumer goods, pharmaceutical drugs, and medical devices. A blister pack is made of aluminum foil or plastic with a cavity or pocket made from thermoformed plastic. It helps protect products from contamination and external conditions such as humidity. These packs are manufactured primarily through two processes: thermoforming and cold forming. Blister packs are used to package pharmaceutical products such as OTC drugs and medicines, as well as small medical devices. A blister that folds onto itself is known as a clamshell.
Growth Prospects of the Blister Packaging Market in the US: Pharma, FDA, Retail Outlets
The Blister Packaging market in the US is expected to grow at a CAGR of around 6% during the period 2014-2019. Increased demand from the Pharmaceutical industry is one of the primary drivers of the Blister Packaging market in the US. The implementation of FDA regulations, which require that all prescribed pharmaceuticals dispensed in hospitals and nursing homes be packaged in unit-dose formats with barcodes to reduce dispensing errors, has increased sales of blister packs over the years. Demand for interactive and user-friendly packs is rising because of the rise in the number of retail outlets. Blister packaging allows vendors to increase brand recognition and awareness among customers.
Click Here To Download sample Copy Of This Report: http://www.marketresearchreports.biz/sample/sample/245012
Scope of the Report:
This report covers the present scenario and the growth prospects of the Blister Packaging market in the US for the period 2015-2019. To calculate the market size, the report takes into account the total revenue generated from different end-users.
The report presents the vendor landscape and a corresponding detailed analysis of the top four companies in the market. In order to arrive at a ranking of the leading vendors in the market, the report considers the revenue generated by vendors of packaging services. It also provides data on the different segments of the Blister Packaging market in the US categorized on the basis of raw material used and end-user.
Segmentation by End Users: The market for Blister Packaging in US is segmented by type of end-users, such as the Pharmaceutical industry and the Food and Retail industry.
Segmentation by Raw Materials: The market for Blister Packaging in US is segmented by type of raw materials used, such as PVC, Aclar, Cold Form, PVDC, COC, and PP.
In addition, the report discusses the major drivers that influence the growth of the market. It also outlines the challenges faced by the companies and the market at large, as well as the key trends emerging in the market.
Key Drivers in the Blister Packaging Market in US:
Growing Demand from Pharmaceutical Industry
Over the past few years, demand for blister packs has been increasing in the Pharmaceutical industry. The growing incidence of diseases, aging population, and changing consumer lifestyles have increased the need for medicines, which has, in turn, led to a higher demand for blister packaging. The implementation of FDA regulations, which require all prescribed pharmaceuticals dispensed in hospitals and nursing homes to be packaged in unit-dose formats with barcodes to reduce dispensing errors, has increased the sales of blister packs over the years. For instance, demand for contact lenses in blister packs has increased tremendously in recent years.
Other driver and its impact explained in detail in the report.
Key Challenges in the Blister Packaging Market in US:
Rise in Raw Material Prices
The prices of raw materials used to manufacture blister packaging products, especially plastic and aluminum, are volatile. Over the past few years, there has been an increase in the demand-supply gap, which has led to a substantial increase in raw material prices. The escalating prices of raw materials such as plastic resins increase manufacturing costs and reduce the profit margins of vendors. Vendors are under pressure because of intense competition. Rising inflation and shortage of good quality raw materials, especially biodegradable raw materials, have also contributed to increasing in prices. To overcome this challenge, manufacturers of blister packaging are trying to develop new packaging materials and packages that perform optimally at reduced costs.
Other challenges and its impact explained in detail in the report.
Key Trends in the Blister Packaging Market in US:
Enhanced Protection Criteria
Vendors use improved raw materials in blister packs to provide maximum protection for products, especially medicines and medical equipment. For instance, plastics can be molded into any shape to safeguard the product against impurities. They also offer better solutions for shipment, protection, and storage of intricate and expensive medical devices than glass or paper-based packaging materials. In addition, thermoformed blister packaging of pharmaceutical products provides the flexibility, chemical resistance, transparency, and durability to enhance safety and efficiency in laboratory, hospital, and household use.
Other trends and its impact explained in detail in the report.
Competitive Vendor Landscape in the Blister Packaging Market in US:
This market is highly fragmented because of the presence of many new intensely competitive vendors in the market. To survive and succeed in this environment, companies need to distinguish their product by adopting clear and unique value propositions. They are expanding their businesses by adopting new technologies in product manufacturing to increase their profit margin and market share. Key vendors in the market are Amcor, Bemis, MeadWestvaco, and Sonoco Products.
The other prominent companies in this market include Catalent Pharma Solutions, Compass Pharma Services, Creative Forming, Display Pack, Honeywell, Innovative Plastics, MTS Medication Technologies, Pharma Packaging Solutions, Placon, Plastic Ingenuity, Polyone, Prent, Reynolds Flexible Packaging, Rohrer, Sealed Air, Tekni-Plex, The DOW Chemical, Uhlmann Group.
This Report also Includes an Analysis on the Following:
A detailed analysis of the top companies including SWOT Analysis for each company
Drivers and Challenges and its Impact on the Blister Packaging Market in US
Market segmentation by raw materials and end-users
Five Forces Analysis on the Blister Packaging Market in the US
Blister Packaging market size in US, Forecasts, and Trends
TechNavio also offers customizations on reports based upon specific client requirements.
Key Questions Answered in this Report
What will the market size be in 2019 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
Browse Our Press Releases by Prnewswire: http://www.prnewswire.com/news/marketresearchreports.biz
About us
MarketResearchReports.biz is the most comprehensive collection of market research reports. MarketResearchReports.Biz services are specially designed to save time and money for our clients. We are a one stop solution for all your research needs, our main offerings are syndicated research reports, custom research, subscription access and consulting services. We serve all sizes and types of companies spanning across various industries.
To View The Top Related News: http://www.marketresearchreports.biz/articles
Contact
Mr. Nachiket
90 Sate Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
USA: Canada Toll Free: 866-997-4948
Website: http://www.marketresearchreports.biz/
E: sales@marketresearchreports.biz
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