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Increasing Focus on Packaging as a Marketing Tool Drives the Blister & Other High Visibility Packaging Market, According to New Report by Global Industry Analysts, Inc.
Date:7/23/2014

er packaging is poised to benefit.

The market is also witnessing significant R&D activity. Blister packaging manufacturers are integrating nanotechnology, digital printing, and cutting edge high barrier materials into their packaging solutions for smarter performance. A host of high-performance packaging technologies have been developed that integrate active and intelligent components and possess strong barrier properties, extended shelf-life and a descriptive label. Additionally, consumer preferences are shifting towards lightweight packages made from plastics, metal, glass, paper and board. Factors such as growing environmental awareness, rising adoption of sustainable packaging solutions, and stringent government regulations targeted at reducing impact of packaging waste are anticipated to fuel innovations in blister and other high visibility packaging.

As stated by the new market research report on Blister and Other High Visibility Packaging, Asia-Pacific represents the largest regional market worldwide. The region is also forecast to emerge as the fastest growing market with a CAGR of 8.2% over the analysis period. Increase in disposable income, Westernization of food habits and lifestyle and improved marketing/retailing practices are factors spurring demand for packaged consumer goods in Asia-Pacific. Other factors driving growth in the region include economic development, increasing population, expanding middle-class, robust generics and pharmaceutical contract manufacturing activities, increasing government initiatives, and rapid growth of food processing and consumer durables sectors.

Source: PRWeb
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