Rise in Awareness Regarding Packaged Products Expected to Drive Global Blister Packaging Machines for Pharma Market: Ken Research

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Blister packing machine is electro-mechanical equipment that consists of fixed and moving parts that aid to seal products in preformed cavities. It forms holesorcavitieson formable web material, fills the cavities and covers them with a suitable material. It is used as unit-dose packaging for pharmaceutical capsules, tablets, etc. Its crucial component is a cavity or pocket made from a formable film, usually, a cold-formed aluminum film and thermoformed plastic. It usually has a lidding seal of aluminum foil. Using several packaging materials and principles of forming, blister packs are divided into three types: aluminum/aluminum (cold forming) blister pack, aluminum/plastic (thermoforming) blister pack, and aluminum/plastic/aluminum blister pack. Nowadays, manufacturers & packagers recognized some advantages of blister packaging such as reduced costs, prevention of broken glass bottles and higher packaging speeds relative to other packaging materials.

According to the study, “Global Blister Packaging Machines for Pharma Market 2019 by Manufacturers, Regions, Type and Application, Forecast to 2024” the key companies operating in the global blister packaging machines for pharma market areUhlmann Pac-Systeme GmbH & Co. KG, Sonoco Products Company, Körber AG, IMA IndustriaMacchineAutomaticheS.p.A., FabrimaMaquinasAutomaticas Ltd., RomacoPharmatechnik GmbH, Bosch Packaging Technology, Marchesini Group S.p.A., GeboCermex, CAM Packaging Solutions. The key vendors are providing innovative blister packaging machinery for pharma products with advanced features for instance automatic feeding, ease in sealing calibration, embossing, and blister cutting.

Based on component type, blister packaging machines for the pharma market is segmented into lidding material, forming a film; heat-seal coating, and printing ink. Based on product type, the market is segmented into low speed (up to 200 blisters/min), medium speed (200-600 blisters/min) and high speed (600-1,300 blisters/min). Based on the working principle & processing type, the market is segmented into flat plate blister packaging machines, roller type blister packaging machines and roller plate blister packaging machines. In addition, based on application, the market is segmented into ampoules, tablets, vials, capsules, pre-filled syringes, and eye drops.

The blister packaging machines for pharma market is driven by rise in awareness regarding packaged products, followed by a reduction in cost through automated machines, increase in patient compliance, rise in the incidence of clinical trials, growth in strict regulations, growth in technological advancements in the medical & pharmaceutical industries and high packaged product consumption. However, lack of awareness about the technology and high cost of aluminum films may impact the market. Moreover, rapid growth in the number of procedures is a key opportunity for the market.

Based on geography, the Asian-Pacific region holds the major share in blister packaging machines for the pharma market owing to rise in sales of pharmaceutical products in the region. Whereas, the European and North-American regions are anticipated to witness a higher growth rate due to an increase in the need for convenient & tampered-free packaging over the forecast period. In upcoming years, it is anticipated that the future of the market will be optimistic as a result of the rise in the aging population and growth in demand for packaged products during the forecast period. The global market is predicted to grow at a CAGR of approximately 4.9% over the next five years, will reach the US $630 million in 2024, from the US $470 million in 2019.

To Know More, Click On The Link Below:-

Global Blister Packaging Machines for Pharma Market

Related Reports:-

Global Blister Packaging Machines for Pharma Market Status (2015-2019) and Forecast (2020-2024) by Region, Product Type & End-Use

Blister Packaging Machines for Pharma Market Research: Global Status & Forecast by Geography, Type & Application (2015-2025)

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Ken Research

Ankur Gupta, Head Marketing & Communications

Ankur@kenresearch.com

+91-9015378249

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