Reportstack Announces the Publication of its Research Report - Blister Packaging Market in the US 2014-2018. The following companies are the key players in Blister Packaging Market in the US: Amcor Ltd., Bemis Co. Inc., Klockner Pentaplast GmbH & Co. KG, MeadWestvaco Corp., Sonoco Products Co. , 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 , PlaconCorp., Plastic Ingenuity Inc., Polyone Corp., Prent Corp., Reynolds Flexible Packaging , Rohrer Corp., Sealed Air Corp., Tekni-Plex Inc., The DOW Chemical Co., Uhlmann Group
“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.”
According to the report, 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.
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 study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors. For further information on this report, please visit http://www.reportstack.com/product/152727/blister-packaging-market-in-the-us-2014-2018.html