Material (Oriented polyamide, Aluminum, Polyvinyl Chloride (PVC), Polypropylene (PP), Polyethylene (PE), Polyethylene Terephthalate (PET))
Aluminum segment is set to account for more than 45% cold form blister packaging market share by the end of 2037 on account of the increasing usage of aluminum for packaging. According to the International Aluminum Institute, the packaging industry's use of aluminum is expected to climb from 7.2 million tons in 2020 to 10.5 million tons in 2030, primarily led by the growing demand for canned drinks in countries such as China, Europe, and North America.
Aluminum cold form blister packaging is widely used in the pharmaceutical industry for packaging tablets, capsules, and other medications. Its ability to provide an impermeable barrier ensures that medicines are protected from contamination and degradation.
Application (Healthcare, Consumer Products, Electronics & Semiconductors, Food & Confectionery)
The healthcare segment in the cold form blister packaging market is projected to generate significant revenue over the coming years. The healthcare industry is subject to stringent regulations to ensure product safety and integrity. Cold form blister packaging meets these requirements by offering tamper-evident features and robust protection, which helps manufacturers comply with regulatory standards. Additionally, the increasing prevalence of chronic diseases, an aging population, and advancements in pharmaceutical products contribute to higher demand for packaging that ensures drug safety and extends shelf life.
Our in-depth analysis of the cold form blister packaging market includes the following segments:
Material |
|
Application |
|
Author Credits: Abhishek Anil
Copyright © 2024 Research Nester. All Rights Reserved
FREE Sample Copy includes market overview, growth trends, statistical charts & tables, forecast estimates, and much more.
Have questions before ordering this report?