Blister Packaging Market Procurement Intelligence, Engagement Model, Low & Best Cost Country Analysis, Day One Analysis Report, 2020 – 2025

Blister Packaging Services Category Intelligence

PVC has been the traditional choice in blister packaging for a very long time as it offers low prices and strong durability while maximizing product visibility at the same time. PVC pricing had been stagnant for some time before 2020 and it was generally readily available. 

One of the leaders in the packaging industry, Amcor has already started working on developing alternatives for PVC in blister packaging. In April 2021, the company announced the customer trials of the world's first recyclable polyethylene-based thermoform blister packaging named AmSky. However, during the Covid-19 pandemic, the housing market started to gain traction and the construction market continues to buy more PVC, hence the price has increased drastically, making it hard to procure PVC for blister packaging. 

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Moreover, recent economic and environmental policy changes compel some brands to think and find a PVC alternative for their blister packaging. Polyethylene terephthalate (PET) and recycled polyethylene terephthalate (RPET) are the two major strong alternatives to the traditional PVC blister. It is majorly used in soda bottles and is known for its strong durability and transparency. PET and RPET are most preferable for brands with high sustainability goals as they can be easily recycled.

One of the leaders in the packaging industry, Amcor has already started working on developing alternatives for PVC in blister packaging. In April 2021, the company announced the customer trials of the world's first recyclable polyethylene-based thermoform blister packaging named AmSky. It reduces carbon footprint by 70% compared to PVC and other alternatives. PVC makes packaging recycling more difficult or contaminates other materials if consumers attempt to recycle them. Therefore, Amcor’s solution eliminates PVC from the packaging by using a mono-material Polyethylene thermoform blister and lidding film.


Check out the featured Addon Services offered with Blister Packaging Market Procurement Intelligence Report:

 

Add-on Services

 

Should Cost Analysis


In the blister packaging procurement intelligence study, we have estimated and forecasted pricing for the key cost components. Raw materials are the largest cost component of blister packaging manufacturing cost. It accounted for more than 60% of the overall cost of manufacturing. Forming film and lidding materials are the key cost driver of raw materials. Forming films are made of PVC and the prices of PVC peaked in 2020, largely due to COVID-19 and subsequent supply chain disruptions. However, prices are expected to stabilize gradually from 2021. 


Rate Benchmarking

 

The type of the forming film is one of the most important aspects while analyzing rate benchmarking of blister packaging. In our research, we have compared the rates of six types of forming films including polyvinyl chloride (PVC), polyvinylidene chloride (PVDC), chlorotrifluoroethylene (CTFE), polypropylene (PP), polyethylene terephthalate (PET), and polystyrene (PS). By using rate benchmarking analysis, we found that PVDC and CTFE forming films price per unit area is 60%-80% higher than PP, PET, PS, and PVC forming films. 

 

 

Salary Benchmarking

 

Labor is one of the key cost components incurred while offering a product or service. Understanding the pricing structure of salary is important for organizations in selecting the appropriate supplier and building a good negotiation strategy. It is also an important factor in determining whether the category under focus should be outsourced or built in-house.


Supplier Newsletter

A typical newsletter study by capturing latest information for specific suppliers related to: M&As, technological innovations, expansion, litigations, bankruptcy etc.

 

List of Key Suppliers in the Blister Packaging Category

·         Amcor Plc

·         DOW

·         WestRock Company

·         Sonoco Products Company

·         Constantia Flexibles

·         Klockner Pentaplast Group

·         E.I. du Pont de Nemours and Company

·         Honeywell International Inc.

·         Tekni-Plex

·         Display Pack

 

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About us:

A smart and effective supply chain is essential for growth in any organization. Pipeline division at Grand View Research provides detailed insights on every aspect of the supply chain which helps in efficient procurement decisions.

 

Our services include (not limited to):

 

·         Market Intelligence involving - market size and forecast, growth factors, and driving trends

·         Price and Cost Intelligence - pricing models adopted for the category, the total cost of ownership

·         Supplier Intelligence - rich insight on supplier landscape, and identifies suppliers who are dominating, emerging, lounging, and specializing

·         Sourcing / Procurement Intelligence - best practices followed in the industry, identifying standard KPIs and SLAs, peer analysis, negotiation strategies to be utilized with the suppliers, and best-suited countries for sourcing to minimize supply chain disruption

 

Our market/procurement Intelligence reports include in-depth and actionable insights that help clients in understanding the different aspects of the supply chain and take more effective decisions.

 

Find More information @ https://www.grandviewresearch.com/pipeline

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Grand View Research, Inc.

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