DUBLIN–(BUSINESS WIRE)–The “Blister Packaging Machinery Consumption Global Market Report 2022: Ukraine-Russia War Impact” report has been added to ResearchAndMarkets.com’s offering.
The global blister packaging machinery consumption market is expected to grow from $19.86 billion in 2021 to $21.53 billion in 2022 at a compound annual growth rate (CAGR) of 8.4%. The blister packaging machinery consumption market is expected to reach $29.22 billion in 2026 at a CAGR of 7.9%.
Asia-Pacific was the largest region in the blister packaging machinery market in 2021. North America is expected to be the fastest-growing region in the forecast period. The regions covered in the blister packaging machinery market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
The main technology of blister packaging machinery consumption are thermoforming and cold forming. The thermoforming technology of blister packaging machinery consumption is the process of converting a flat plastic sheet into a three-dimensional shape using heat, vacuum, and pressure.
Thermoplastics are plastics made of thermoforming that become homogenised when heated. The blister packaging machinery consumption types are carded and clamshell, that are made up of material such as plastic, paper, and aluminium, which are applied to pharmaceutical industry, food industry, cosmetics and personal care, and consumer electronics.
The rising demand for the…
