DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/r7nj6r/blister_packaging) has announced the addition of the "Blister Packaging Market in the US 2014-2018" report to their offering.
The Blister Packaging market in the US to grow at a CAGR of 5.92 percent over the period 2013-2018.
There are several factors driving the growth of the Blister Packaging market in the US, of which the increasing demand in the Pharmaceuticals industry is the major one. The implementation of the FDA regulations, which require all prescribed pharmaceuticals dispensed in hospitals and nursing homes to be packaged in unit dose formats with barcodes to reduce dispensing errors, has increased blister packs sales over the years.
Vendors are using better plastic and other raw materials in blister packs, which offer improved protection of consumer goods, especially medicines and medical equipment. For instance, plastics can conform to any shape and guard the packed product against most impurities. They also offer better solutions for shipment, protection, and storage of intricate and costly medical device instruments when compared with glass or paper-based packaging materials. In addition, thermoformed blister packaging of medical products offers flexibility, chemical resistance, transparency, and durability that enhance safety and efficiency in laboratories, hospitals, and home use. Hence, the improved protection provided by barrier packaging is expected to continue driving market growth during the forecast period.
Further, the report states that the rising raw material prices is one of the main challenges hindering the market growth. The raw materials used in the manufacturing of blister packaging products, mainly plastic and aluminum, have volatile prices. Also, over the last few years, there has been an increase in the demand-supply gap, resulting in a substantial rise in raw materials prices.
The Blister Packaging market in the US can be segmented into three divisions:
- Pharmaceuticals and Medical Devices industries
- The Food industry
- Others
Key Vendors
- Amcor Ltd.
- Bemis Co. Inc.
- Klockner Pentaplast GmbH & Co. KG
- MeadWestvaco Corp.
- Sonoco Products Co.
Other Prominent Vendors
- Catalent Pharma Solutions Inc.
- Compass Pharma Services LLC
- Creative Forming Inc.
- Display Pack Inc.
- Honeywell International Inc.
- Innovative Plastics Corp.
- MTS Medication Technologies
- Pharma Packaging Solutions
- Placon Corp.
- Plastic Ingenuity Inc.
- Polyone Corp.
- Prent Corp.
- Reynolds Flexible Packaging
- Rohrer Corp.
- Sealed Air Corp.
- Tekni-Plex Inc.
- The DOW Chemical Co.
- Uhlmann Group
Key Topics Covered:
- Executive Summary
- List of Abbreviations
- Scope of the Report
- Market Research Methodology
- Introduction
- Landscape of High Visibility Packaging Market in the US
- Landscape of Blister Packaging Market in the US
- Market Segmentation by End-user
- Buying Criteria
- Market Growth Drivers
- Drivers and their Impact
- Market Challenges
- Impact of Drivers and Challenges
- Market Trends
- Trends and their Impact
- Vendor Landscape
- Key Vendor Analysis
For more information visit http://www.researchandmarkets.com/research/r7nj6r/blister_packaging
