Blister packaging market worth $18.25 billion by 2022
The report "Blister Packaging Market by Material (Plastic Film, Paper & Paperboard, Aluminum), Technology (Thermoforming, Cold forming), Heat Seal Coating (Water-based, Solvent-based), Application (Food Consumer Goods, Industrial Goods, Healthcare) - Global Forecast to 2022" published by MarketsandMarkets (marketsandmarkets.com), The Blister Packaging Market is projected to grow from $11.94 Billion in 2015 to $18.25 Billion by 2022, at a CAGR of 6.25%. The Blister Packaging Market is growing courtesy of increasing applications in healthcare industry, ageing population, and rising demand for conveniently packaged products. Growing demand from the healthcare industry also provides an opportunity to the market to grow further, especially in the emerging Asia-Pacific and Latin American regions.
Thermoforming technology to gain maximum share during the forecast period