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New Analysis from Global Industry Analysts Reveals Steady Growth for Blister and Other High Visibility Packaging, with the Market to Reach $50 Billion Worldwide by 2026

·5 min read

SAN FRANCISCO, Sept. 15, 2021 /PRNewswire/ -- A new market study published by Global Industry Analysts Inc., (GIA) the premier market research company, today released its report titled "Blister and Other High Visibility Packaging - Global Market Trajectory & Analytics". The report presents fresh perspectives on opportunities and challenges in a significantly transformed post COVID-19 marketplace.

Blister and Other High Visibility Packaging
Blister and Other High Visibility Packaging

FACTS AT A GLANCE
Edition: 15; Released: April 2021
Executive Pool: 2563
Companies: 116 - Players covered include Amcor Ltd.; Bemis Company, Inc.; BILCARE RESEARCH AG; ClearPack Engineering, Inc.; Clondalkin Group Holdings B.V.; Constantia Flexibles GmbH; Display Pack Inc.; Dordan Manufacturing Company; Ecobliss Holding B; Highland Packaging Solutions; Hip Lik Packaging; Innovative Plastics Corporation; Key Packaging Co.; Klockner Pentaplast GmbH & Co. KG; Pactiv LLC; Placon Corp.; Plastic Ingenuity Inc.; Prent Corporation; Rohrer Corporation; Sealed Air Corporation; Sonoco Products Company; Tekni-Plex, Inc.; Universal Plastics Corporation; VisiPak; Walter Drake, Inc. and Others.
Coverage: All major geographies and key segments
Segments: Product Segment (Carded Blister Packaging, Clamshells, Skin Packaging, Windowed Packaging, Other Product Segments)
Geographies: World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; Spain; Russia; and Rest of Europe); Asia-Pacific (Australia; India; South Korea; and Rest of Asia-Pacific); Latin America (Argentina; Brazil; Mexico; and Rest of Latin America); Middle East (Iran; Israel; Saudi Arabia; United Arab Emirates; and Rest of Middle East); and Africa.

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ABSTRACT-

Global Blister and Other High Visibility Packaging Market to Reach $50 Billion by 2026
Amid the COVID-19 crisis, the global market for Blister and Other High Visibility Packaging estimated at US$39.5 Billion in the year 2020, is projected to reach a revised size of US$50 Billion by 2026, growing at a CAGR of 3.9% over the analysis period. Carded Blister Packaging, one of the segments analyzed in the report, is projected to record a 4.3% CAGR and reach US$17.3 Billion by the end of the analysis period. After a thorough analysis of the business implications of the pandemic and its induced economic crisis, growth in the Clamshells segment is readjusted to a revised 4.6% CAGR for the next 7-year period.

The U.S. Market is Estimated at $11 Billion in 2021, While China is Forecast to Reach $10.4 Billion by 2026
The Blister and Other High Visibility Packaging market in the U.S. is estimated at US$11 Billion in the year 2021. China, the world`s second largest economy, is forecast to reach a projected market size of US$10.4 Billion by the year 2026 trailing a CAGR of 7.1% over the analysis period. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 1.2% and 3% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 2% CAGR.

Skin Packaging Segment to Reach US$8.4 Billion by the year 2026
In the global Skin Packaging segment, USA, Canada, Japan, China and Europe will drive the 2.5% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$5.3 Billion in the year 2020 will reach a projected size of US$6.3 Billion by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. More

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About Global Industry Analysts, Inc. & StrategyR
Global Industry Analysts, Inc., (www.strategyr.com) is a renowned market research publisher the world`s only influencer driven market research company. Proudly serving more than 42,000 clients from 36 countries, GIA is recognized for accurate forecasting of markets and industries for over 33 years.

CONTACTS:
Zak Ali
Director, Corporate Communications
Global Industry Analysts, Inc.
Phone: 1-408-528-9966
www.StrategyR.com
Email: ZA@StrategyR.com

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SOURCE Global Industry Analysts, Inc.