Global Blister Packaging Market Size, Share, Opportunities, And Trends By Type (Compartment, Slide, Wallet), By Material (PVC, PVDC, PP, Others), By Technology (Cold-Form, Thermoformed), By End-User (Consumer Goods, Food, Pharmaceuticals), And By Geography - Forecasts From 2024 To 2029
- Published : Aug 2024
- Report Code : KSI061611233
- Pages : 145
The global blister packaging market is predicted to grow at a CAGR of 5.58%, from US$10.844 billion in 2022 to US$15.853 billion by 2029.
The global blister packaging market is growing as it has become a more feasible choice due to the increased demand for product security from manufacturers, customers, and regulatory organizations. Further, most consumers store their medications in a temperature-variable environment that can be hazardous, which makes the packaging necessary for quality management and increased shelf life. In addition, cutting-edge blister technology, such as radio frequency identification tags with a seal applied outside the package, is expanding due to the ability to offer personal security throughout supply chains.
The market is also anticipated to rise due to consumer demand for practical and simple-to-use packaging products and growing requirements for compliance with safety laws. Additionally, there is a rising demand for personal care and pharmaceutical goods in industrialized regions like America, Asia, Europe, and others, where consumer spending on medical and personal care items is rising significantly.
Global Blister Packaging Market Drivers:
- The global blister packaging market is driven by rising development in the pharmaceutical sector.
Specialized packing choices enable pharmaceutical manufacturing firms to deliver medical items to patients without tampering with them or causing any damage. One of the choices for keeping medicinal goods secure, dry, and free of as many outside pollutants as feasible is blister packaging.
There are many options for pharmaceutical packaging, including stoneware glass storage and plastic bottles and containers. Blister packaging effectively transports and packages medical necessities. In addition, packaging shields the medications from impacts, heat, and wet environments, extending their shelf life and improving transportation capabilities.
Further, the expenditure on medicines is increasing with the global consumption of specialty drugs. For instance, as per the 2021 report by the U.S. Department of Human and Health Services, total specialty drug expenditure increased from US$287 billion in 2020 to US$301 billion in 2021. The demand for packaging is directly driven by the fact that the manufacture of medications is always growing to keep up with the identification of new ailments and treatments. As they have tamper-free, leak-proof packaging solutions that may be used for bulk operations to achieve quick and reliable packing, flexible alternatives to packaging like blister packaging are gaining popularity.
- The blister packaging preserves the integrity of the product, fueling its use in various industries.
Blister packaging's main objective is to preserve the integrity of the product. However, efforts are still being made in all facets of the packaging business to save costs throughout the packaging process. To assure the optimum protection for pharmaceutical applications like tablets and capsules, Amcor's Polybar barrier film product families offer a wide range of moisture barriers in addition to strong crush resistance. They use various materials, including Aclar, COC, PE, PVC, and PVDC.
Furthermore, with a maximum output of 600 blisters and 350 cartons per minute, the Noack Unity 600 blister packaging line from ROMACO GROUP increased its productivity and reduced emissions in packaging packs for the pharmaceutical and nutraceutical industries. In April 2023, MAX Solutions, Inc., a unique, specialized packaging platform established in 2021, presented MAX EcoblisterTM, a cutting-edge, greener option to plastic blister packs.
Global Blister Packaging Market Restraints:
Pharmaceutical packaging suppliers are searching for more easily recyclable materials as environmental regulations tighten. Most blister packaging uses many materials, including PVC, PVDC, etc. Unfortunately, these also involve single-use plastics that are harmful to the environment and cannot be reused or composted. To assist the recyclability of blister packages, businesses are creating new recycled thermoformed plastic methods and materials. In addition, many companies are developing novel recyclable packaging materials for blister packaging.
Global Blister Packaging Market Segment Analysis
- Based on material, the PVC segment is expected to witness robust growth.
PVC blister packaging is a kind of packaging composed of a thermoformed PVC plastic shell or blister and cardboard printed as a purse. Among the many uses of polymer, the most common are within the pharmaceuticals, medical equipment, food and beverage, and consumer goods industries. The outstanding qualities of PVC blister packaging compared to other forms of packaging include its capabilities of excellent product visibility, resistance against tampering, and, to some extent, being less affected by environmental factors.
The PVC blister packaging market has continued to grow steadily due to healthcare industry growth, e-commerce and home delivery services thriving industry expansion, convenience and portability regarding consumers' needs, advancements in blister packaging technologies, and an expanding number of developing markets. Nevertheless, the restrictions caused by environmental issues and government rules can prevent the PVC blister packaging market from being stocked in the long term.
- Asia Pacific is anticipated to account for a major global blister packaging market share.
Global blister packaging has been classified by geography into North America, the Middle East, Africa, Europe, Asia Pacific, and South America.
The market is anticipated to grow significantly in the Asia Pacific region, especially India. The Indian blister packaging is expected to grow with substantial growth predicted for the upcoming years. This movement, which is a result of many factors, can be due to the growing age population of Indian youth. People in India have extended life expectancy with breakthroughs in medical technology and the healthcare system. Consequently, the number of people aged 65 and above in the country is increasing rapidly. Many seniors often acquire more prescription drugs as they grow older, which is the reason for the increase in demand for drugs among pharmaceutical products.
Furthermore, blister packaging is a widespread fabrication procedure used in the pharmaceutical industry in the North American region. It protects from contamination, and especially for elderly individuals with weakened immune systems, it also guards against tampering. For example, in September 2022, Amcor, a global leader in creating and producing innovative and environmentally safe packaging solutions, was appointed the "Recyclable Packaging" winner at Packaging Europe's 2022 Sustainability Awards. The firm has been honored for its Amcor HealthCare™ AmSky™ Blister technology, a revolutionary thermoformed blister technology devoid of vinyl and aluminum. This recycle-ready solution is a more environment-friendly and low-carbon alternative to the most popular form of healthcare packaging.
Global Blister Packaging Market Key Developments:
- In October 2023, Solvay, a worldwide leader in specialized materials, announced Diofan® Ultra736, a new polyvinylidene chloride (PVDC) coating solution with an ultra-high water vapor barrier that reduces the carbon footprint of pharmaceutical blister films.
- In October 2023, PA Consulting (PA), the firm that brings innovation to life, and PulPac, the Swedish R&D and IP company that developed Dry Moulded Fibre, announced that Bayer's Consumer Health division had joined the Blister Pack Collective.
- In July 2022, SEA Vision and Marchesini Group released a new primary pack serialization and aggregation solution. This solution includes a comprehensive spectrum of technologies for printing, inspecting, and packing serialized blisters and carton aggregation, all integrated into a 4.0 environment.
- In April 2022, Huhtamaki, a leading global developer of sustainable packaging solutions, announced a first-to-market sustainable innovation for the global pharmaceutical and healthcare industries. Huhtamaki's Push Tab® blister lid is made of one material, PET, and contains no aluminium.
Segmentation:
- By Type
- Compartment
- Slide
- Wallet
- By Material
- PVC
- PVDC
- PP
- Others
- By Technology
- Cold-Form
- Thermoformed
- By End-User
- Consumer Goods
- Food
- Pharmaceuticals
- By Geography
- North America
- USA
- Canada
- Mexico
- South America
- Brazil
- Argentina
- Others
- Europe
- United Kingdom
- Germany
- France
- Spain
- Others
- Middle East and Africa
- Saudi Arabia
- UAE
- Israel
- Others
- Asia Pacific
- China
- Japan
- India
- South Korea
- Taiwan
- Thailand
- Indonesia
- Others
- North America
Frequently Asked Questions (FAQs)
The global blister packaging market is predicted to reach a total market size of US$15.853 billion by 2029.
Blister Packaging Market was valued at US$10.844 billion in 2022.
The blister packaging market is predicted to grow at a CAGR of 5.58% during the forecast period.
The global blister packaging market is driven by rising development in the pharmaceutical sector.
Asia Pacific accounted for a major share of the global blister packaging market.
1. INTRODUCTION
1.1. Market Overview
1.2. Market Definition
1.3. Scope of the Study
1.4. Market Segmentation
1.5. Currency
1.6. Assumptions
1.7. Base, and Forecast Years Timeline
1.8. Key Benefits for the stakeholder
2. RESEARCH METHODOLOGY
2.1. Research Design
2.2. Research Processes
3. EXECUTIVE SUMMARY
3.1. Key Findings
4. MARKET DYNAMICS
4.1. Market Drivers
4.2. Market Restraints
4.3. Porter’s Five Forces Analysis
4.3.1. Bargaining Power of Suppliers
4.3.2. Bargaining Power of Buyers
4.3.3. Threat of New Entrants
4.3.4. Threat of Substitutes
4.3.5. Competitive Rivalry in the Industry
4.4. Industry Value Chain Analysis
4.5. Analyst View
5. GLOBAL BLISTER PACKAGING MARKET, BY TYPE
5.1. Introduction
5.2. Compartment
5.2.1. Market Trends and Opportunities
5.2.2. Growth Prospects
5.2.3. Geographic Lucrativeness
5.3. Slide
5.3.1. Market Trends and Opportunities
5.3.2. Growth Prospects
5.3.3. Geographic Lucrativeness
5.4. Wallet
5.4.1. Market Trends and Opportunities
5.4.2. Growth Prospects
5.4.3. Geographic Lucrativeness
6. GLOBAL BLISTER PACKAGING MARKET, BY MATERIAL
6.1. Introduction
6.2. PVC
6.2.1. Market Trends and Opportunities
6.2.2. Growth Prospects
6.2.3. Geographic Lucrativeness
6.3. PVDC
6.3.1. Market Trends and Opportunities
6.3.2. Growth Prospects
6.3.3. Geographic Lucrativeness
6.4. PP
6.4.1. Market Trends and Opportunities
6.4.2. Growth Prospects
6.4.3. Geographic Lucrativeness
6.5. Others
6.5.1. Market Trends and Opportunities
6.5.2. Growth Prospects
6.5.3. Geographic Lucrativeness
7. GLOBAL BLISTER PACKAGING MARKET, BY TECHNOLOGY
7.1. Introduction
7.2. Cold-Form
7.2.1. Market Trends and Opportunities
7.2.2. Growth Prospects
7.2.3. Geographic Lucrativeness
7.3. Thermoformed
7.3.1. Market Trends and Opportunities
7.3.2. Growth Prospects
7.3.3. Geographic Lucrativeness
8. GLOBAL BLISTER PACKAGING MARKET, BY END-USER
8.1. Introduction
8.2. Consumer Goods
8.2.1. Market Trends and Opportunities
8.2.2. Growth Prospects
8.2.3. Geographic Lucrativeness
8.3. Food
8.3.1. Market Trends and Opportunities
8.3.2. Growth Prospects
8.3.3. Geographic Lucrativeness
8.4. Pharmaceutical
8.4.1. Market Trends and Opportunities
8.4.2. Growth Prospects
8.4.3. Geographic Lucrativeness
9. GLOBAL BLISTER PACKAGING MARKET, BY GEOGRAPHY
9.1. Introduction
9.2. North America
9.2.1. By Type
9.2.2. By Material
9.2.3. By Technology
9.2.4. By End-User
9.2.5. By Country
9.2.5.1. USA
9.2.5.1.1. Market Trends and Opportunities
9.2.5.1.2. Growth Prospects
9.2.5.2. Canada
9.2.5.2.1. Market Trends and Opportunities
9.2.5.2.2. Growth Prospects
9.2.5.3. Mexico
9.2.5.3.1. Market Trends and Opportunities
9.2.5.3.2. Growth Prospects
9.3. South America
9.3.1. By Type
9.3.2. By Material
9.3.3. By Technology
9.3.4. By End-User
9.3.5. By Country
9.3.5.1. Brazil
9.3.5.1.1. Market Trends and Opportunities
9.3.5.1.2. Growth Prospects
9.3.5.2. Argentina
9.3.5.2.1. Market Trends and Opportunities
9.3.5.2.2. Growth Prospects
9.3.5.3. Others
9.3.5.3.1. Market Trends and Opportunities
9.3.5.3.2. Growth Prospects
9.4. Europe
9.4.1. By Type
9.4.2. By Material
9.4.3. By Technology
9.4.4. By End-User
9.4.5. By Country
9.4.5.1. United Kingdom
9.4.5.1.1. Market Trends and Opportunities
9.4.5.1.2. Growth Prospects
9.4.5.2. Germany
9.4.5.2.1. Market Trends and Opportunities
9.4.5.2.2. Growth Prospects
9.4.5.3. France
9.4.5.3.1. Market Trends and Opportunities
9.4.5.3.2. Growth Prospects
9.4.5.4. Spain
9.4.5.4.1. Market Trends and Opportunities
9.4.5.4.2. Growth Prospects
9.4.5.5. Others
9.4.5.5.1. Market Trends and Opportunities
9.4.5.5.2. Growth Prospects
9.5. Middle East and Africa
9.5.1. By Type
9.5.2. By Material
9.5.3. By Technology
9.5.4. By End-User
9.5.5. By Country
9.5.5.1. Saudi Arabia
9.5.5.1.1. Market Trends and Opportunities
9.5.5.1.2. Growth Prospects
9.5.5.2. UAE
9.5.5.2.1. Market Trends and Opportunities
9.5.5.2.2. Growth Prospects
9.5.5.3. Israel
9.5.5.3.1. Market Trends and Opportunities
9.5.5.3.2. Growth Prospects
9.5.5.4. Others
9.5.5.4.1. Market Trends and Opportunities
9.5.5.4.2. Growth Prospects
9.6. Asia Pacific
9.6.1. By Type
9.6.2. By Material
9.6.3. By Technology
9.6.4. By End-User
9.6.5. By Country
9.6.5.1. China
9.6.5.1.1. Market Trends and Opportunities
9.6.5.1.2. Growth Prospects
9.6.5.2. Japan
9.6.5.2.1. Market Trends and Opportunities
9.6.5.2.2. Growth Prospects
9.6.5.3. India
9.6.5.3.1. Market Trends and Opportunities
9.6.5.3.2. Growth Prospects
9.6.5.4. South Korea
9.6.5.4.1. Market Trends and Opportunities
9.6.5.4.2. Growth Prospects
9.6.5.5. Taiwan
9.6.5.5.1. Market Trends and Opportunities
9.6.5.5.2. Growth Prospects
9.6.5.6. Thailand
9.6.5.6.1. Market Trends and Opportunities
9.6.5.6.2. Growth Prospects
9.6.5.7. Indonesia
9.6.5.7.1. Market Trends and Opportunities
9.6.5.7.2. Growth Prospects
9.6.5.8. Others
9.6.5.8.1. Market Trends and Opportunities
9.6.5.8.2. Growth Prospects
10. COMPETITIVE ENVIRONMENT AND ANALYSIS
10.1. Major Players and Strategy Analysis
10.2. Market Share Analysis
10.3. Mergers, Acquisitions, Agreements, and Collaborations
10.4. Competitive Dashboard
11. COMPANY PROFILES
11.1. Amcor Limited
11.2. Sonoco Products Company
11.3. WestRock
11.4. Honeywell International LLC
11.5. Tekni-Plex Inc.
11.6. Dow Chemical Company
11.7. Klöckner Pentaplast Group
11.8. Constantia Flexibles
11.9. Mister Blister
11.10. VisiPak (Sinclair & Rush, Inc.)
11.11. Ecobliss Holding BV
11.12. Catty Corporation
11.13. Perlen Packaging (Chemie & Papier Holding AG)
11.14. Schreiner Group
11.15. Powerpack Industries LLC
11.16. Hangzhou Xunda Clamshell Packaging Co., Ltd.
Amcor Limited
Sonoco Products Company
WestRock
Honeywell International LLC
Tekni-Plex Inc.
Dow Chemical Company
Klöckner Pentaplast Group
Constantia Flexibles
Mister Blister
VisiPak (Sinclair & Rush, Inc.)
Catty Corporation
Perlen Packaging (Chemie & Papier Holding AG)
Schreiner Group
Powerpack Industries LLC
Hangzhou Xunda Clamshell Packaging Co., Ltd.
Related Reports
Report Name | Published Month | Download Sample |
---|---|---|
Middle East and Africa Blister Packaging Market share: 2023 - 2028 | May 2023 | |
Asia Pacific Blister Packaging Market Size: Report, 2023-2028 | May 2023 |