Key vendors are developing high-speed blister machinery to increase their production capabilities
Technavio, a company that develops over 2000 pieces of research every year and covers more than 500 technologies across 80 countries, has announced the top five leading vendors for the global blister packaging market in their latest research report. This report also lists 5 other prominent vendors who are expected to contribute to this market’s growth between 2016-2020.
To identify the top vendors, Technavio’s market research analysts have taken into account the revenue generated by the sales of blister packaging using different raw materials.
- PVC: It is a synthetic plastic polymer available in rigid and flexible forms used in the construction and food industries.
- Aclar: It is non-flammable, chemical resistant, and increases the shelf life of products and it is used in blister packaging for their barrier properties.
This Technavio report, under packaging vertical, is based on the synthesis, analysis, and interpretation of information about the global blister packaging market collected from specialized sources. The analysts have derived insights using a mix of primary and secondary research with an aim to provide a holistic picture of the market.
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Competitive vendor landscape
Players in the global blister packaging market compete on the basis of performance, innovation, product features, quality, cost, and financial stability. The competition is very intense in the market due to the presence of various established players in the market. The vendors have to distinguish their product and service offerings through a clear and unique value proposition to sustain and succeed in this intensely competitive environment. Vendors are investing in the development of innovative product lines to increase their sales and profitability in the market. The manufacturers are introducing products with additional features, superior quality, and at competitive prices to attract more consumers and expand their consumer base. The high cost of infrastructure and capital investment in research and development act as an entry barrier to new entrants in the market.
“The vendors are introducing smart blister packaging that enables companies to track their packages. The integration of RFID and unique identification tags into blister packs helps companies to combat counterfeiting of drugs and keep a track of medicines through the supply chain. These technological advances ease the processes of the supply chain by tracking the condition and progress of the tablets. These tags on the blister pack cannot be removed from the pack without destroying it,” says Sharan Raj, a lead analyst at Technavio for research on packaging.
Top five vendors in the blister packaging market space
Amcor
The company supplies a broad range of rigid and flexible packaging products, specifically for the beverage, food, personal and home care, healthcare, and tobacco industries. Its offerings include coffee packaging, pet food packaging, fresh food and dairy packaging, and champagne and wine closures. It also manufactures specialty folding cartons for packaging tobacco products.
Key products: Polybar Duplex Blister Packaging, Polybar Triplex Blister Packaging, Blister Lidding Solutions, Formpack PVC-free Pharmaceutical Blister Packaging, Formpack Tropical Blister Packaging (laminate layer), Dessiflex Protective Films, Guardlid (lids for blister packaging), and Dessiflex Blister System.
Bemis
Bemis manufactures and distributes packaging products across the globe and primarily to the food industry. Its other customers comprise companies in chemical, medical, pharmaceutical, personal care, agribusiness, automotive, electronics, construction, and other consumer goods sectors. Recently, the company announced to sell its pressure-sensitive materials business to Platinum Equity to raise cash for expanding its flexible packaging business.
Key products: Blister packaging solutions (PerfecForm C1200 and PerfecForm Skyblue) and Curwood Lidstock for blister packaging.
Owens-Illinois
The company engages in the production and marketing of glass containers that caters to many industries worldwide. It manufacturers and supplies glass containers for the beer, wine, champagne, spirits, and food markets. It also produces glass packaging solutions for varied food items, teas, soft drinks, pharmaceuticals, and juices. Recently, the company announced its plan to participate in Macquarie Global Metals, Mining, and Materials Conference 2015 in New York.
Key product: Blister packs.
Sonoco
The company provides different kinds of consumer packaging, protective packaging, industrial products, and display and packaging services. It serves display and packaging solutions for beverages, candy, automotive, electronics, personal care, cosmetics, fragrances, hosiery, baby care, food, office supplies, toys, medical, over-the-counter drugs, sporting goods, home and garden, hospitality industry, and advertising.
Key product: Blister packs.
WestRock
Westrock manufactures and distributes corrugated boxes, linerboards, corrugated sheets, and pre-printed linerboard products to consumer and heavy goods industries. It also produces, commercializes, and distributes specialty chemicals derived from sawdust and other by-products of the papermaking process.
Key product: Natralock blister card packaging, Printkote EasySeal Plus blister cards, Printkote EasySeal blister cards, Printkote Endurance, Cerepak electronic compliance packaging, Shellpak renew unit-dose medication packages, Dosepak folding blister packs, and Med-easy pharmaceutical convenience packs.
Other prominent vendors in this market include Catalent Pharma Solutions, Compass Pharma Services, Display Pack, Honeywell International, and Innovative Plastics.
A more detailed analysis is available in the Technavio report, Global Blister Packaging Market 2016-2020. Technavio also customizes reports by other regions and specific segments upon request.
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Browse related reports:
- Global Pharmaceutical Packaging Market 2016-2020
- Global Thermoformed Plastics Market 2016-2020
- Global Household Care Packaging Market 2015-2019
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