blister packaging machinery market segmentation and analysis by technavio
TRANSCRIPT
GLOBAL BLISTER PACKAGING MACHINERY
MARKET Growing demand for multi- functional blister packaging
machinery
GROWTH MOMENTUM OF BLISTER PACKAGING MACHINERY MARKET TO INCREASE
Blister packaging machinery is a type of packaging machinery used for the sealing of a product in a cavity with paper or thermoformed backing. Blister packaging machines are used for the packaging of solid, semi-solid, powder, and granular products.
Blister packaging machinery market contributes close to 4% share to the packaging machinery market
The global blister packaging machinery market is expected to grow at a CAGR of close to 10% through 2022.
Blister packaging through automated blister packaging machinery cuts down the time and labor costs by more than 50% due to the high precision and increased efficiency of the machines.
Blister packaging of pharmaceutical drugs using manual processes proves expensive than automated blister packaging solutions. On an average, around 1.5 minutes is taken for manually filling and labeling of a unit dose blister card that has an average of 35 doses.
THE MARKET IS FUELLED BY REDUCTION IN COST THROUGH AUTOMATED MACHINES
WORLD'S TOP BRANDS LEAD THE WAY
ACG Worldwide
Barry Wehmiller
BOSCH Group
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The blister packaging machinery market is characterized by numerous vendors.
Fabrima
Marchesini Group
APAC IS THE BLISTER PACKAGING MACHINERY FOCAL POINT
APAC held the highest market share due to the increase in the middle-class population and the strong growth of the economy in the region.
APAC dominated the market with a share of 53.30%
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USE OF ROBOTIC BLISTER PACKAGING MACHINERY
Robotic blister packaging machinery is equipped with advanced monitoring and control capabilities for maintaining the efficiency of packaging lines and reducing the energy consumption.
Following are the advantages offered by the blister packaging machinery: • Reduction in the factory footprint • Reduction in waste of packaging materials • Timely rectification of operational issues
of the labor costs can be brought down
with the use of automated blister
packaging machinery
50%
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