North America Pharmaceutical Blister Packaging Market Poised for Robust Growth, Forecasted to Expand at 6.4% CAGR from 2024-30
MarkNtel Advisors has released its latest report highlighting strong growth in The North America Pharmaceutical Blister Packaging Market size was valued at USD 3.2 billion in 2023 & is estimated to grow at a CAGR of around 6.4% during the forecast period, i.e., 2024-30
Report Coverage
This report offers a comprehensive analysis of the North America Pharmaceutical Blister Packaging Market, providing valuable insights across historical trends, current dynamics, and future forecasts.
- Base Year: 2023
- Forecast Years: 2024-30
- Historical Years: 2019-22
North America Pharmaceutical Blister Packaging Market Overview
With the rising demand for pharmaceutical blister packaging across a range of end-users, such as the pharmaceutical sector, the market is envisioned to register a modest growth percentage in the years ahead. When it comes to packaging products that need to be protected from external factors, blister packs are growing in popularity.
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North America Pharmaceutical Blister Packaging Market Segmentation Outlook
The North America Pharmaceutical Blister Packaging is categorized into notable segments, which help in understanding the structure, dynamics, and opportunities within the market. These segments are typically based on:
By Material Type
- Polyethylene Terephthalate (PET)
- Polyethylene (PE)
- Polyvinyl Chloride (PVC)
- Polyvinylidene chloride (PVDC)
- 20 GSM
- 40 GSM
- 60 GSM
- 90 GSM
- 120 GSM
- Aclar Films
- 15 microns
- 23 microns
- 51 microns
- Aluminum
- Others (Polyolefin (PO), Paper Solutions, etc.)
By Technology
- Thermoforming
- Cold Forming
By Application
- Tablets & Capsules
- Syringes
- Ampoules
- Medical Device
- Others (Vials, etc.)
By Country
- The US
- Canada
- Mexico
North America Pharmaceutical Blister Packaging Market Driver
Rising Spending Capitals by Pharmaceutical Sector to Expand Drugs Manufacturing to Influence the Market Growth – With the surging percentage of individuals suffering from several types of diseases, North America is witnessing high demand for medication & drugs. Also, in consideration of the recent market situation the pharma sector is investing heavily in R&D activities to enrich & modernize the current production lines. The sector is spending capital on the development of new products & to suffice the need for existing drugs. Numerous leading players have several pharmaceutical drugs in their R&D pipeline.
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Top North America Pharmaceutical Blister Packaging Market Brands & Their Strategic Market Positioning
MarkNtel Advisors Research identifies Amcor PLC, Westrock Company, Constantia Flexibles , Sonoco Products Company, Honeywell International Inc, Klockner Pentaplast , Gerresheimer AG, Rohrer Corporation, Aphena Pharma Solutions, Winpack Ltd.,Others as key players shaping the market landscape.
North America Pharmaceutical Blister Packaging Market News
- 2022: AmSky, one of the leading recycle-ready healthcare blister system innovations by Amcor, bested the US Plastics Pact Sustainable Packaging Innovation Award in the Recyclability category. It offers more sustainable packaging & optimizes carbon emission.
Key Questions Answered in the Report
- What is the market size (value & volume) along with the current & future trends, growth factors & challenges, etc.?
- How the industry has been evolving, and which segments would dominate the market during the forecast period?
- What are the key opportunity areas that companies foresee in the coming years 2030?
- Who are the key players in the market, and what are their competitive strengths?
- What are the key growth drivers & challenges associated with the market, and how would they impact the market through the forecast period?
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