The global high speed blister machine market is anticipated to grow at a CAGR of 7.5% during the forecast period. The major factor for the growth of the market is the increasing consumption of healthcare products, packaged food items, and industrial goods. This will fuel the demand of the market during the forecast period.
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Due to benefits, such as, customizable serving size of dosage of the medicinal tablets according to the patients’ need, which has led to the adoption of this packaging in the healthcare and various industries will inturn fuel the market demand during the forecast period. According to the Energy Source Outlook, around 14% of the total population will be above 65 years of age by 2025, which will further increase the medicinal needs, further increasing demand of the market. To cope up with this demand high speed blister machines will be needed for packaging the medicines. These machines can produce 700 blisters per minute. With increasing use of volatile materials in the medicines, it is expected that the market will grow at a significant rate during the forecast period. To serve the growing demand of increasing medicinal tablets, major companies like Schott invested12 million Euroin a newly established manufacturing plant in Russia, in 2019, which approximately serves 500 million vials and ampoules every year. Some of the key global players in the high speed blister machine market include Amcor Plc, DOW, WestRock Company, Sonoco Products Company (US), Constantia Flexibles, Klockner Pentaplast Group, and others.
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Market Coverage
- Segment Covered-
o By Material
o By End Use
- Competitive Landscape –Amcor Plc, DOW, WestRock Company, Sonoco Products Company (US), Constantia Flexibles, Klockner Pentaplast Group, and many more.
Key questions addressed by the report
- What is the market growth rate?
- Which segment and region dominates the market in base year?
- Which segment and region will project fastest growth in the market?
- How COVID-19 impacted the market?
o Recovery Timeline
o Deviation from pre-COVID forecast
o Most affected region and segment
- Who is the leader in the market?
- How players are addressing challenges to sustain growth?
- Where is the investment opportunity?
Global High Speed Blister Machine Market
o By Material
- Paper and Paperboard
- Plastic Films
- Aluminum
o By End Use
- Healthcare
- Consumer Goods
- Industrial Goods
- Food Industry
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