Top Companies in Blister Packaging market, Want to Step up Your Business? You Need To Read This First
Global Blister Packaging Market 2021-2028: Cost-effectiveness of Blister Packaging drives industry growth.
Market Overview:
According to Vantage market research, the Global Blister Packaging Market is valued at USD 26.07 Billion in 2021 and estimated to reach a value of USD 42.70 Billion by 2028 at a CAGR of 7.3% during the forecast period, 2022–2028. Blister Packaging provides benefits such as availability of individual compartment, tamper-evident design for product protection, evenly portion out an item, best for immobilized items, and cost-effective. All these benefits are responsible for fuelling the growth of the blister packaging market in the coming years.
These packagings are not useful in heavy items as heavy items put excess strain. Also, this packaging is not applicable for fragile and costly products. All these factors are responsible for impeding the growth of the blister packaging market. Increasing preference for on-the-go products, growing household income, changing lifestyles of consumers, and availability of commanding demographics will provide various growth opportunities in the development of the blister packaging market.
Most of the companies used blister packaging for safe store purposes and to improve the visual appeal of their products. Blister packaging is a rigid packaging used for pharmaceutical items, retail goods, and food products. This packaging is also found in consumer goods, hardware, medication, and toys. In addition, many manufacturers use blister packaging to protect their products from damage and provide cavities that protect the products from contamination and humid air and also from other external threats. All these factors are influencing the growth of the blister packaging market in the near future. Furthermore, various advanced machines are used in the development of quality blister packaging products. For example, Maruho Hatsujyo Innovations (MHI), a global leader and innovator in the packaging machinery industry, launched the MHI Eagle blister packaging machine to offers flexibility and integration for their products.
Following are the top 8 leading companies in the Blister Packaging market:
Company Name |
Revenue in USD |
|
$13 Billion |
|
$16 Billion |
|
$18 Billion |
|
$5 Billion |
|
$1 Billion |
|
$1 Billion |
|
$34 Billion |
|
$1 Billion |
AMCOR PLC is located in Southbank, VICTORIA, Australia, and is part of the Converted Paper Product Manufacturing Industry. More than a century old, the company is a diverse industrial conglomerate, its four segments making and selling products from aircraft engines, flight safety, and landing systems to smart controls for commercial buildings to personal safety products such as gas masks and footwear. The major products and services, including Honeywell Forge solutions supported by Honeywell Connected Enterprise. The company does business worldwide and generates more than half its sales in the US. The company was founded in 1885 by the inventor Albert Butz.
DowDuPont, Inc. was established in 2017. Headquartered in the U.S., the company creates an essential innovation by enabling connectivity & mobility, a healthy & active lifestyle, and urbanization & safety. The company provides their business facilities into various sectors such as Electronics & Industrial, Mobility & Materials and Water & Protection. The company delivers a broad range of technology-based products and solutions to the automotive, electronics, industrial, consumer, medical, photovoltaic, and telecom markets. The company aims to create water, shelter, and safety solutions for a more sustainable world.
WestRock Company is a provider of fiber-based paper and packaging solutions. The Company operates through two segments: Corrugated Packaging and Consumer Packaging. The Corrugated Packaging segment consists of its containerboard mills, corrugated packaging, and distribution operations, as well as its merchandising displays and recycling procurement operations. The Consumer Packaging segment consists of its consumer mills and food and beverage, and partition operations. The Company operates an integrated corrugated packaging system that manufactures containerboard, corrugated sheets, corrugated packaging, and preprinted linerboard for sale to consumer and industrial products manufacturers and corrugated box manufacturers. The company also operates integrated virgin and recycled fiber paperboard mills and consumer packaging converting operations, which convert items such as folding cartons, interior partitions, inserts, and labels.
Sonoco is a global packaging solutions leader, committed to improving the lives of our customers, our teammates, and their communities. The company brings more to packaging than just the package. The company's integrated packaging solutions help define brand personalities, create unique customer experiences and enhance the quality of products and the quality of life for people around the world. The main purpose of the company is to give better packaging and better life. One of the best ways to solve a challenge is to look at it from multiple angles. That's the foundation for the creation of our 360 Customized Solutions Approach. From multiple consumer packaging formats—rigid paper containers, rigid plastics, and flexible packaging—to industrial packaging and protective solutions, the company offers its customers an end-to-end solution built around their needs.
Constantia Flexibles is a global leader in consumer and pharmaceutical flexible packaging, with the highest benefit at the lowest impact on the environment. Under the guiding principle ‘People Passion Packaging’, 8,350 employees (as of March 2020) manufacture tailor-made packaging solutions at multiple sites around the globe. Many international companies and local market leaders from the consumer, personal & home care, and pharma industries choose the sustainable and innovative products of Constantia Flexibles. The company is focusing on increasing the sustainability of the packaging solutions, not only to contribute to saving environmental resources but also to drive a change in modern consumers’ preferences for more planet-friendly products.
KlocknerPentaplast (KP) is a plastics manufacturer that is purpose-driven to deliver the sustainable protection of everyday needs. The company creates innovative films and trays such as blister packaging that provide product safety, help avoid food waste, safeguard medication and medical devices, and protect the integrity of countless durable products with our pharmaceutical packaging. The company innovates, designs, and manufactures sustainable solutions that the customers use to package and protect products in daily situations around the globe. Founded in 1965, the company has 31 plants in 18 countries and employs over 5,900 people, committed to serving customers worldwide.
Honeywell International Inc (Honeywell) is an engineering and technology company. The company invents and manufactures technologies that address challenges in various sectors including energy, security, safety, productivity, and global urbanization. The company offers energy-efficient products and solutions, specialty chemicals, process technologies, electronic and advanced materials, productivity, sensing, safety and security technologies, spare parts, management, and technical services, repair, overhaul, and maintenance services. The company serves customers in the aerospace, refining, and petrochemicals, buildings, and industries in North America, Europe, and other regions. Headquartered in Charlotte, North Carolina, the company has manufacturing and other facilities across the world.
Tekni-Plex is a global leader in advanced materials science and provides solutions to meet customer needs in critical applications that touch every aspect of life, from medical devices to food packaging. The worldwide presence and strength of the company provide access to a broad range of material and developmental resources. In addition, the company works in highly regulated markets and has decades of expertise in navigating global regulatory requirements. This enables the company to create and service products remarkable for customers' safety, reliability, consistency, and quality throughout the globe to help customers meet their goals.
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