According to latest research by FMI, alu alu blister packaging machine sales is set to witness substantial growth during 2021-2031 with 5.7%CAGR. Demand for the blister machine will witness sizeable recovery in short-term, with optimistic growth outlook in the long-run.
Upsurge in demand from pharmaceutical industry will mean extensive opportunities in near future, however, sales of alu alu blister packaging machine in food & dairy sector will provide long-run momentum.
What is Driving Demand for Alu Alu Blister Packaging Machine?
Consumers choices for pharmaceutical products have gradually shifted from traditional packaging to blister packaging, that is, unit-dose packaging. Blister packaging is used for medicines and medical equipment in the healthcare industry. They are also widely used in consumer goods, electrical and electronics and food & beverages industries.
In addition, blister packaging requires less packaging resources, takes up less retail shelf space, and provides excellent hook display. Therefore, compared with other packaging forms (such as rigid bottles), the cost of blister packaging is lower and therefore cost-effective.
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In the past few years sale of alu alu blister packaging machine shown a drastic up rise in demand owing to the evolving end-user requirement for flexible packaging solutions. Owing to the COVID-19, medicines requirements in hospitals and healthcare facilities has shown a drastic rise and it will continue till the pandemic is over.
Demand for Packaged Food Likely to Augment Alu Alu Blister Packaging Machine Sales
Packaging industry generate a huge amount of revenue from food packaging. In terms of value global food packaging industry is expected to reach over US$ 410 Bn by 2031. Alu-alu blister packaging is expected to contribute over 25% of the total value share of the global food packaging industry.
Upsurge in the utilization and requirement of alu alu blister packaging in the food & beverage industry is the reason for the blister packaging machines sales growth. The sale of blister packaging machine has gone down due to the COVID-19 pandemic, especially the first two-quarters of 2020 experience a major fall in demand.
The food packaging industry somehow manages to keep up the market during the pandemic. The fourth quarter of 2020 witnessed a hike in demand for blister food packaging machine majorly from the food industry.
Asia Pacific Demand Outlook for Alu Alu Blister Packaging Machine
Asia Pacific is one of the most prominent region for blister packaging machinery. The region will offer several growth opportunities to the manufacturers owing to the growing disposable income and change in consumer buying behaviors for end products.
Increasing sales of pharmaceutical products along with the rising demand for packaged food and consumer goods is witnessing the growth of blister packaging machinery business across Asia. Asia Pacific witnessing for over 40% of the alu alu blister packing machine sold across the globe.
China, Japan and India are the key business areas across Asia. China as an individual accounts for over 27% of the Asia Pacific’s revenue share. Followed by China, Japan is considered as the prominent market in terms of pharmaceutical packaging in Asia. The country has the highest pharmaceutical spending per capita across Asia and fifth across the globe accounted over US$ 803 in 2019.
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Who are the Key Manufacturers and Suppliers of Alu Alu Blister Packaging Machine?
Some of the leading manufacturers and suppliers of blister packaging machine include
- Jornen Machinery Co., Ltd.
- Uhlmann Pac-Systeme GmbH
- Hualian Pharmaceutical Machinery
- Jinan Feichi Machinery Equipment Co., Ltd.
- IMA Industria Macchine Automatiche S.p.A.
- Zed Industries Inc.
- Romaco Pharmatechnik GmbH
- Fabrima Maquinas Automaticas Ltda
- ULMA Packaging
- Marchesini Group S.p.A
- Other
Globally blister packaging machine business is considered moderately fragmented and the leading players account for more than 35% of the overall sales share. Majority of the leading manufacturers and suppliers have focused on expansion, investment, acquisitions, delivery focus, portfolio expansion, and brand development to meet the emerging as well as deficit demand.
And also focusing on longstanding contract with consumer from pharmaceutical industry, Food & beverages industry and consumer goods industry. Attractive and innovative packaging requirement of end user knocking the manufacturers doors to pave the way towards technological development for better yield.
Key Segments
By Product Type:
- Cantilever Type
- Liquid automatic filling blister
- Flat blister
- Rotary Clamshell Sealers
- Shuttle Blister Sealer
- Leak Detection Blister Sealer
- Other
By Sealing Type:
- Platen sealing
- 12mm
- 17mm
- 22mm
- 35mm
- Rotary sealing
By Packaging Type:
- Air and moisture-proof
- folding carton
- shrinkage bundling
- Other
By End-Use:
- Pharmaceuticals
- Laboratory use
- Small batch production
- Mass production
- Food & beverages
- Confectionery
- Personal & Home Care
- Electrical and Electronics
- Other
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ABOUT FUTURE MARKET INSIGHTS, INC.
Future Market Insights, Inc. is an ESOMAR-certified business consulting & market research firm, a member of the Greater New York Chamber of Commerce and is headquartered in Delaware, USA. A recipient of Clutch Leaders Award 2022 on account of high client score (4.9/5), we have been collaborating with global enterprises in their business transformation journey and helping them deliver on their business ambitions. 80% of the largest Forbes 1000 enterprises are our clients. We serve global clients across all leading & niche market segments across all major industries.
Contact Us:
Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Browse Latest Market reports: https://www.futuremarketinsights.com/reports