Overview

Contract Blister Packaging Services Market Introduction

The global contract blister packaging services market is forecasted to value over US$ 15 billion by the end of 2026 and register a CAGR of over 6% during the forecast period of 2019-2026.

Contract blister packaging is a highly fragmented market due to the presence of several small and large scale vendors. Companies that are operating in this market perform extensive research and development for introducing newer and innovative packaging designs in the market. One of the major development in this market is the entrance of big players like DHL which has improved the delivery time drastically reducing distribution and transportation costs while also trying to widen their areas of application.

Contract Blister Packaging Services Market Overview

Expanding pharmaceutical industry due to the rising global population boosted the production process. It is further augmented by the ongoing focus on drug safety & protection led to robust growth of the market. Majority of pharmaceutical companies are focused on innovation and development of novel drug delivery systems. In order to streamline the developing process, pharmaceutical companies are mainly focused on out-sourcing the manufacturing of packaging material to minimize the cost.  Additionally, technological evolution led to the development of innovative packaging techniques to enhance drugs safety, integrity and stability. Along with this, changing regulations created an opportunity for manufacturers and led to the robust growth of the market. Blister packaging is the most attractive segment due to high patient compliance and can be easily integrated with recent technologies.

Asia Pacific is a major shareholder in the global market due to high demand. It is mainly dominated by China and India due to a large number of manufacturing companies. Changing economic conditions further fuelled the growth and it is majorly dominated by domestic manufacturers. It is followed by North America and Europe regions and expected to remain the same throughout the forecast period. Latin America is a fast-growing region in the global market due to increasing service product to meet the rising demand of pharmaceuticals. Rest of World is the second fast-growing region and expected to gain traction during the forecast period.

Key Players include GCI Industrial Operations, Orlandi Inc., Sheffield Pharmaceuticals, Owens & Co, Inc., Lacerta Group, Sourcentra, Reed-Lane, Jones Packaging, Sharp Packaging Services, GENCO, CCL Industries, and others

 

                      Global Contract Blister Packaging Service Market

 

Contract Blister Packaging Services Market Segmentation

By Packaging Type

+ Face Seal Blister

+ Full Face Seal Blister

+ Trapped Blister

+ Full Card Blister

By End User

+ Pharmaceutical

+ FMCG

+ Food and Beverage

By Region

+ North America

+ Latin America

+ Europe

+ Asia Pacific

+ Rest of the World

Competitive Landscape:  
•    Tier 1 players- established companies in the market with a major market share
•    Tier 2 players 
•    Emerging players which are growing rapidly 
•    New Entrants  

FutureWise Key Takeaways 
•    Growth prospects
•    SWOT analysis 
•    Key trends 
•    Key data-points affecting market growth 

Objectives of the Study: 
•    To provide with an exhaustive analysis on the global Contract Blister Packaging Services Market by Packaging Type, by End User, by Region

•    To cater comprehensive information on factors impacting market growth (drivers, restraints, opportunities, and industry-specific restraints)
•    To evaluate and forecast micro-markets and the overall market 
•    To predict the market size, in key regions (along with countries)—North America, Europe, Asia Pacific, Latin America, and the Middle East
•    To record evaluate and competitive landscape mapping- product launches, technological advancements, mergers and expansions
•    Profiling of companies to evaluate their market shares, strategies, financials and core competencies  

 

$3450

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What you get


  • Excel Dataset

  • Infographics

  • PDF Report

  • Market Overview

  • PowerPoint Presentation

What's included


  • Consumer Perception and Procurement

  • Competitive Analysis

  • What’s Next

  • Market Data Forecast

  • Risks and Opportunity Assessment

  • Market Trends and Dynamics