Colombia’s blister packaging market is expected to reach USD XX billion by 2022 from the present estimate of USD XX billion in 2017 at a CAGR of XX% during the forecast period.
Strict regulations and demand from manufacturers and consumers alike have led to growth in the usage of blister packages in Colombia. Manufacturers are looking to earn tax incentives by manufacturing products under these regulatory standards. Promotion of growth in over-the-counter drugs has also provided impetus to the market.
Under the blister packaging process, individual tablets or capsules are sealed within their own cavity, usually made of thermo-formed plastic or cold-form aluminum, protecting the drug from contaminants such as moisture and oxygen by a barrier of foil, film or paperboard. Blister packaging solutions are also being used by retail industry apart from widespread usage in pharmaceuticals.
The blister packaging market is segmented on the basis of material, technology, and end-user industry.
Some of the major companies mentioned in the report are:
- Amcor
- Bemis
- MTS Medication Technologies
- Reynolds Packaging
- Sonoco
- WestPack
What the Report Offers
- Report gives complete market insights, driving forces of the market, challenges it faces, and the opportunities in the current market scenario
- A complete market segmentation has been done on the basis of different packaging and product types along with detailed analysis for the next five years
- Complete market breakdown has been done to give a detailed picture of the blisters packaging market
- The report also gives information on major vendors of blister packaging products, their existing share in the market, strategies they adopt along with the major products, financials, recent developments, and profile of these vendors
