Molded fiber pulp blister packs market: Overview
Blister packs are sight packs which are made of PET (polyethene terephthalate) or PVC (polyvinyl chloride) plastic and molded pulp fiber or molded fiber is a paper-based packaging material. The need for an eco-friendly and sustainable packaging system has led the manufacturers to the innovation of molder pulp fiber packaging and blister amalgamated with protective molded fiber packaging has certainly levelled up the sustainability of molded fiber pulp packaging. The growth of the molded fiber pulp blister packs market is subjected to the vast field of its application to different sectors like pharmaceutical and due to the arising demand of application the moled fiber pulp blister packs market is all set to witness rapid growth in the next few years.
Molded fiber pulp blister packs market: Dynamics
Considering the fragile nature of every product, molded fiber pulp blister packaging is on high demand because every packaging is essential for safe handling and trading. The key driver of the molded fiber pulp blister packs market is its capability of retaining products integrity, especially in the pharmaceutical industry. Because each pill is contained within its own space separated from other blisters, so it shows a less chance of getting contaminated as a whole. The molded fiber pulp blister packs ideal for the items which are used only one at a time and this helps in serving the right dosage of the product to the consumer by evenly portioning out one item so that the consumer dost does not use the product too much at a time. The combined blister packs provide the product with a wide range of options for creating a visually eye-catching and texturally pleasing experience. Mainly plastic and cupboard’s amalgamation is used for commercial use and plastic and aluminium’s combination is used for the pharmaceutical and food industry to maintain its freshness. The ageing population is linked with the growth of the pharmaceutical sector and the rising business of hotel and hospitality industry is driving the growth of the molded fiber pulp blister packs market. The blister packs also help in protecting items from damage as it provides only a specific generally small compartments to stay which do not allow the respective product to move after packaging. During the production of blister packaging, numerous packs can be produced at once to contain various items. This defers the costs of having to make multiple packs for such small items as pills and batteries complicated to make, so for that, it charges lower in comparison with the other packaging system. The blister packs are also durable under humid and high temperate situation and customization of the packaging is also available. The rising concern about the eco-friendly environment is the reason of acceleration of the molded fiber blister packs market.
Request a sample to get extensive insights into the Molded fiber pulp blister packs market https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=79276
But on the contrary of the same, there are some factors which are restraining the growth of the molded fiber pulp blister packs market. The blister packaging is not so strong in regards to protection because it provides a very poor barrier of PVC (polyvinyl chloride) which is not light-resistant (it is bad for light-sensitive drugs). The sealing process of packaging is a lot more time consuming and it can take even more time if proper equipment is not used. The rising concern of pollution due to plastic is also being a hindrance to the molded fiber pulp blister packs market.
Molded fiber pulp blister packs market: Segmentation
Globally the molded fiber pulp blister packs market is segmented by plastic source type, packaging type and end uses type.
By packaging style the molded fiber pulp blister packs market is segmented as follows;
By molded type the molded fiber pulp blister packs market is segmented as follows;
- Thick Wall
BY end-uses type the molded fiber pulp blister packs marker is segmented as follows;
- Consumer Goods
- Other Industrial Goods
Molded fiber pulp blister packs market: Regional overview
The Asia Pacific is anticipated to be the fastest-growing region in the molded fiber pulp blister packs market, in terms of value. Due to to the presence of an increasing number of molded fiber pulp blister packs manufacturing units in countries such as China, India, Australia, Indonesia, and Bangladesh in the Asia Pacific region. Moreover, these countries are the largest exporters of packaging materials globally. Due to the availability of domestically produced raw materials manufacturers prefer establishing a higher number of manufacturing units for the production of molded fiber pulp blister packs. The cheap labor cost is the key driver of this market’s growth in the Asia-pacific region.
Molded fiber pulp blister packs market: Key manufacturers
- Brødrene Hartmann A/S (Denmark)
- UFP Technologies (US)
- Thermoformed engineered Quality (TEQ) LLC (US)
- Genpak LLC (US)
- Eco-Products (US)
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides an in-depth analysis of parent market trends, macroeconomic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
To understand how our report can bring difference to your business strategy, Ask for a brochure
Regional Analysis Includes-
- North America
- Latin America
- South Asia
- East Asia
- Middle East & Africa (MEA)
- A detailed overview of parent market
- Changing market dynamics in the industry
- In-depth market segmentation
- Historical, current, and projected market size regarding volume and value
- Recent industry trends and developments
- Competitive landscape
- Strategies for key players and products offered operating in the market
- Potential and niche segments, geographical regions exhibiting promising growth
- A neutral perspective on market performance
- Must-have information for market players to sustain and enhance their market footprint
This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers’ or customers’ journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.
Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:
- Customer Experience Maps
- Insights and Tools based on data-driven research
- Actionable Results to meet all the business priorities
- Strategic Frameworks to boost the growth journey
The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.