Global Europe Pharmaceutical Blister Packaging Market Research Report Based onPosted by marketresearch123 on April 20th, 2021 Europe Pharmaceutical Blister Packaging market was valued at US$ 7,989.0 Mn in 2020 and it is expected to reach at US$ 12,949.8 Mn by 2027, growing at a CAGR of 7.5% over the forecast period. Blister packages are very beneficial for shielding goods due to some external factors, including moistness & pollution for long duration. Also, blister packaging is a light-sensitive material used against UV rays and it is portable in nature and can protect drugs over a long shelf life. Blister This is improved type of packaging compared with conventional packaging that includes product integrity, production, and tamper proof, compact prospect of accidental misuse, and patient compliance. Europe Pharmaceutical Blister Packaging Market Share Analysis by Technology Blister packaging is the most preferred packaging solution in healthcare industry. Blister packaging of products reduces the possibility of product contamination & protects healthcare products from light, moisture, gas, and temperature. This is fuelling the demand for blister packaging in healthcare end-use sector. The market is segmented on the basis of technology into thermoforming and cold forming. Thermoforming is defined as process where rigid plastics, closed-cell foams, and other specialty materials are heated to a pliable forming temperature, formed to a specific shape in a mold, & trimmed to create a usable product. Thermoforming holds the major revenue share of the overall pharmaceutical blister packaging market. Thermoforming technology is preferred over cold forming technology for blister packaging & requires low initial tools and equipment costs. Europe Pharmaceutical Blister Packaging Market Share Analysis by Application Based on application, the Europe pharmaceutical blister packaging market is categorized into tablets, capsules, vital and others Tablets has accounted for the highest market share in 2020. This is due adoption of blister packaging by capsule manufacturing companies due to several benefits associated such as requires fewer resources for packaging, occupy less retail shelf space, and offer an excellent hang-hook display. The demand for pharmaceutical blister packaging has risen on account of the increase in demand for pharmaceutical & medical products during this crisis. Certain drugs were approved for use as an interim medicine to control COVID-19 (Coronavirus) by international regulatory organizations. The establishment of new hospitals and COVID-19 centers across the Europe has increased the demand for medicines and medical devices. These factors have been attributed to the increase in demand for blister packaging in pharmaceutical industry. Europe Pharmaceutical Blister Packaging Market Share Analysis by Country Germany, The U.K., Italy and France are top country in Europe Pharmaceutical Blister Packaging market. These countries collectively accounted for more than 50% of market share in 2020. The presence of developed healthcare infrastructure and strong government initiatives are the major drivers for growth in these countries. Emerging economies in the Europe are poised to account for much of the growth for blister packaging in the upcoming years. Growth in these countries is mainly fueled by the favorable demographics, rising household incomes, and changing lifestyles of consumers, encouraging a rising preference for on-the-go products. These factors induce changes in lifestyle that lead to greater demand for convenience in terms of packaging and use. Recent Developments: February 2020 - Consumer packaging company Sonoco’s Alloyd business launched an all-paper retail blister package. Named EnviroSensePaperBlister, the new packaging is an alternative to the existing thermoformed plastic blister package. Designed to be environmentally friendly, EnviroSensePaperBlister is a plastic-free package and is recyclable in the paper stream. The packaging is also available with the Sustainable Forestry Initiative (SFI) Certification. January 2020 - Amcor partnered with Moda to offer innovative packaging solutions. Amcor and Moda offer multiple innovative solutions in flexible packaging and are expected to offer new resources to help gain and further strengthen Amcor’s position in the flexible packaging market. Market Segmentation The Europe Pharmaceutical Blister Packaging Market is segmented into material type such as Polyethylene Terephthalate (PET), Polyethylene (PE), Polyvinyl Chloride (PVC), Polyvinyl Chloride (PVC), Paper & Paper Board, and Others, by technology such as Cold Forming, and Thermoforming. Further, market is segmented into application such as Tablets, Capsules, Drugs, Vials, Ampoules, and Others. Also, the Europe Pharmaceutical Blister Packaging Market is segmented into various countries such as Germany, UK, France, Turkey, Switzerland, Norway, Sweden, Spain, Italy, Denmark, Finland, Iceland, Poland, Luxembourg, Netherlands, and Belgium. Market Players Various key players are listed in this report such as Amcor Plc, Wonderpack Group, Sonoco Products Company, Bilcare Limited, Honeywell International Inc, West Rock Company, Constantia Flexibles GmbH, Klockner Pentaplast Group, Tekni-Plex Inc, E.I. Du Pont De Nemours and Company, etc. Market Taxonomy By Material Type
By Technology
By Application
By Country
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