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Blister Packaging Equipment Market to Grow at Over 5.4% CAGR through 2025

Press release Description

Albany, New York, September 29, 2017: According to the report titled “Blister Packaging Equipment Market – Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 – 2025” added to the wide database of Market Research Reports Search Engine (MRRSE), the market for blister packaging equipment is expected to grow at a 5.4% CAGR during the forecast period 2017 to 2025. The factors driving demand include increased production efficiency, less time in product changeover, massive automation in the packaging line, and increasing number of companies adapting to blister equipment in production lines leading to smart modernization of manufacturing facilities. Conversely, unwillingness in the pharmaceutical industry for adopting new procedures is hampering expansion of the global blister packaging equipment market. The report contains in-depth information about past trends and future prospects for the period 2017 to 2025.

The report based on global blister packaging equipment market begins with an executive summary providing an overview to the readers. The executive summary is then followed by market introduction containing market definition and its taxonomy. The market overview section in the report gives reader insights into the market that studies macroeconomic indicators, market dynamics, region wise market share, and value chain analysis.  The report gives 360 degree view of the market as it analyses the global blister packaging equipment market by type of the product, process, equipment, technology, end-use and region. Additionally, it also examines the fierce competition involved in global blister packaging equipment market.

The product type segment is divided into solid, semi-solid and liquid. As per the report, the solid segment dominates the blister packaging equipment market worldwide with a share of 83% by value. Solid products are convenient to fill and more suitable. The semi-solid and liquid products are required to be packed in bottles or ampoules over blisters to avoid leakage due to shocks or load. The process type segment holds more than two-third of market share by value and the remaining belongs to semi-automatic and manual. The increasing trend of automation decreases the human involvement leading to reduction in errors in blisters manufacturing.

Further, the end-use industry segment is divided into cosmetics & personal care, consumer electronics, pharmaceutical, food industry and other manufacturing in the report. Out of these, pharmaceutical segment is anticipated to dominate three-fourths of market share by value approximately. In segment equipment type, the inline filler is estimated to reach to a CAGR of 5.6% by value during the forecast period. In terms of technology, the market is categorized into ultrasonic sealing, thermoforming, heat sealing and cold sealing. As per the report, the thermoforming category is ruling the global blister packaging equipment market at present with half of the market share followed by heat sealing. The category heat sealing is further divided into plastic-to-plastic, plastic-to-card and card-to-card.

According to the report, Asia Pacific region is currently dominating the global blister packaging equipment market in terms of volume and value. In 2017, this market was valued at US$793.4 mn due to the growing demand of packaging in various applications such as consumer goods, food, and pharmaceuticals. Europe and Asia Pacific are key producers of packaging machinery, mainly with countries like Japan, Germany and Italy globally.

The report mentions some of the key companies holding prominent positions in the market are CAM Packaging Solutions, Romaco Pharmatechnik GmbH, Gebo Cermex, Fabrima Maquinas Automaticas Ltda, Körber AG, IMA Industria Macchine Automatiche S.p.A., Marchesini Group S.p.A., Sonoco Products Company, Bosch Packaging Technology and Uhlmann Pac-Systeme GmbH & Co. KG.

Browse Full Global Blister Packaging Equipment Market Report with TOC :

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