The Indian blister packaging market is projected to grow from USD 4275.34 million in 2019 to USD 736.75 million in 2026, growing at a CAGR of 9%. India is one of the major markets for packaged food in the world and the blister packaging market across various industries is expected to witness significant growth over the forecast period owing to rising disposable income and rapid urbanization. In addition, expanding the pharmaceutical industry and boosting government initiatives by modifying the influx of foreign direct investment in the pharmaceutical industry is expected to fuel the adoption of blister packaging in the coming years. For example, the Indian government’s allocation to the Ministry of Health and Family Welfare increased by 13.1% to US$888 million in the 2021-2027 coalition budget.
A full report of India’s blister packaging market available at https://www.orionmarketreports.com/india-blister-packaging-market/57571/
India’s blister packaging market: Segmentation
By Technology:
• Thermoforming
• Cold Forming
By Type:
• Carded
• Clamshell
By Material:
• Paper & Paperboard
• Plastics Films
• Aluminium
By End-Use Sector:
• Healthcare
• Consumer Goods
• Indstrial Goods
• Food
Key players in this market are
• Amcor
• Bemis
• MTS Medication Technologies
• Reynolds Packaging
• Sonoco
• WestPack
(This release has been published on OMR Industry Journal. OMR Industry Journal is not responsible for any content included in this release.)