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Resources on getting a good night's sleep: Pharma Blisters Packaging Market Show Steady Growth: Study
by webseo · February 6, 2019
According to a recently composed research report, the global market for pharma blisters packaging will exhibit a CAGR of 6.2% in terms of value during the forecast period (2017-2026). Sales of pharma blisters packaging are likely to surpass 1 Cheap Clelin Ferrell Jersey ,900 thousand tons by 2026-end.
North America to Prevail as Dominant Region in Global Pharma Blisters Packaging Market
Demand for pharma blisters packaging in North America will remain robust with increase in the patients鈥?poor medical compliance, which in turn leads to high hospital admissions. Many pharmaceutical packaging industries in the region are concentrating on the production of blister packages for enhancing adherence rate of patients. In addition, growing trend toward adhering to prescribed protocols in the United States healthcare system is likely to proliferate demand for pharma blisters packaging in North America. In terms of value, North America will prevail as the dominant region in the global pharma blisters packaging market.
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Tablets and medical devices are anticipated to remain largest applications of pharma blisters packaging, in terms of value. This mainly driven by the rise in OTC medicines and demand for devices such as single-use inhalers. Revenues from sales of pharma blisters packaging for medical devices and tablets will collectively account for roughly three-fourth market share by 2026-end.
Polyethylene terephthalate (PET Wholesale Oakland Raiders Jerseys , PETE, PETG or polyester) is expected to be preferred among materials for production of pharma blisters packaging during the forecast period. Relatively affordable costs and easy availability, along with added benefits such as ease of thermoforming are driving demand for polyethylene terephthalate for pharma blisters packaging production. Aluminum will also remain a lucrative material in the market.
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Key Research Findings from Report
Carded pharma blisters packaging will remain sought-after among products in the market Thermoforming will continue to be the most lucrative technology for manufacturing pharma blisters packaging Competition Tracking
The presence of many multinational and local players has made the global pharma blisters packaging market to be fragmented in nature. Intense competition is likely to prevail in the market on the back of occupancy of several established players competing in terms of financial stability, cost, quality Wholesale Raiders Jerseys , product features, innovation, and performance. Key players actively underpinning the market growth include Honeywell International, Inc., ACG Pharmapack Pvt. Ltd. Cheap Oakland Raiders Jerseys , Display Pack, Inc., West Rock Company, Winpak Ltd., Rohrer Corporation Cheap Raiders Jerseys , Sonoco Products Company, Constantia Flexibles GmbH, Bemis Company, Inc., and Amcor Limited.
Automation is increasingly eyed upon by vendors in the pharma blisters packaging market Wholesale Howie Long Jersey , in a bid to save time and reduce labor cost. Inclination toward smart blister packaging is one of the growing trends in the market. Many packaging industries are focusing on the development of smart blisters packs for combating medical counterfeiting and tracking status of drugs & medication during distribution and transportation processes.
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Table of Contents Covered in the report are:
1. Global Economic Outlook
2. Global Pharma Blisters Packaging Market – Executive Summary
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30.11.2019 07:13
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