PUBLISHER: Lucintel | PRODUCT CODE: 1418596
PUBLISHER: Lucintel | PRODUCT CODE: 1418596
Blister Packaging Equipment Trends and Forecast
The future of the global blister packaging equipment market looks promising with opportunities in the food & beverage, healthcare, cosmetic, and pharmaceutical markets. The global blister packaging equipment market is expected to reach an estimated $2.0 billion by 2030 with a CAGR of 6.2% from 2024 to 2030. The major drivers for this market are increasing growth in emerging and middle-income nations in the food and pharmaceutical industries, growing manufacturing activities of packed pharmaceuticals goods, as well as, rising production capabilities to develop dedicated feeders for different products.
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Blister Packaging Equipment by Segment
The study includes a forecast for the global blister packaging equipment by material, technology, equipment, end use, and region.
List of Blister Packaging Equipment Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies blister packaging equipment companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the blister packaging equipment companies profiled in this report include-
Blister Packaging Equipment Market Insights
Lucintel forecasts that plastic will remain the largest segment over the forecast period because it is significantly cheaper compared to alternative materials like aluminum or paperboard, and this translates to lower production costs for manufacturers and competitive pricing for end consumers.
North America will remain the largest region over the forecast period due to growing demand for packaged and ready-to-eat meals, as well as increased use of blister packing in plastic bottles.
Features of the Global Blister Packaging Equipment Market
Market Size Estimates: Blister packaging equipment market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Blister packaging equipment market size by material, technology, equipment, end use, and region in terms of value ($B).
Regional Analysis: Blister packaging equipment market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different material, technology, equipment, end use, and regions for the blister packaging equipment market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the blister packaging equipment market.
Analysis of competitive intensity of the industry based on Porter's Five Forces model.
FAQ
Q1. What is the blister packaging equipment market size?
Answer: The global blister packaging equipment market is expected to reach an estimated $2.0 billion by 2030.
Q2. What is the growth forecast for blister packaging equipment market?
Answer: The global blister packaging equipment market is expected to grow with a CAGR of 6.2% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the blister packaging equipment market?
Answer: The major drivers for this market are increasing growth in emerging and middle-income nations in the food and pharmaceutical industries, growing manufacturing activities of packed pharmaceuticals goods, as well as, rising production capabilities to develop dedicated feeders for different products.
Q4. What are the major segments for blister packaging equipment market?
Answer: The future of the global blister packaging equipment market looks promising with opportunities in the food & beverage, healthcare, cosmetic, and pharmaceutical markets.
Q5. Who are the key blister packaging equipment market companies?
Answer: Some of the key blister packaging equipment companies are as follows.
Q6. Which blister packaging equipment market segment will be the largest in future?
Answer: Lucintel forecasts that plastic will remain the largest segment over the forecast period because it is significantly cheaper compared to alternative materials like aluminum or paperboard, and this translates to lower production costs for manufacturers and competitive pricing for end consumers.
Q7. In blister packaging equipment market, which region is expected to be the largest in next 5 years?
Answer: North America will remain the largest region over the forecast period due to growing demand for packaged and ready-to-eat meals, as well as increased use of blister packing in plastic bottles.
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.