Blister Packaging Market by Material (Paper & Paperboard {Solid Bleached Sulfate (SBS), White-lined chipboard, Others}, Plastic Films, Aluminum), Technology, Type, End-use, and Region Partner & Customer Ecosystem (Product Services, Proposition & Key Features) Competitive Index & Regional Footprints by MarketDigits - Forecast 2024-2032
Industry : Packaging | Pages : 192 Pages | Published On : Apr 2024
Market Overview
Blister packaging is a type of packaging where a product is enclosed between a pre-formed plastic cavity and a backing, typically sealed with a lidding material. It is commonly used for retail display, offering visibility and protection for various consumer goods, pharmaceuticals, and electronics. The blister packaging market is experiencing dynamic growth driven by several factors. With the increasing emphasis on product safety, convenience, and brand visibility, blister packaging has emerged as a popular choice across diverse industries such as pharmaceuticals, consumer goods, and electronics. The market is witnessing a rising demand for customizable and secure packaging solutions that not only protect the product but also serve as a branding tool. Additionally, the growing awareness of environmental sustainability has prompted a shift towards eco-friendly blister packaging materials, further influencing market dynamics. Advancements in material technology and smart packaging features are also contributing to the market's evolution. As e-commerce continues to expand, the demand for blister packaging that ensures product integrity during shipping remains high. Overall, the blister packaging market is characterized by innovation, customization, and a concerted effort towards sustainable and efficient packaging solutions to meet the diverse needs of modern industries.
Blister Packaging Market Size
Report | Details |
---|---|
Market Size Value | USD 28 billion in 2024 |
Market Size Value | USD 58.9 billion by 2032 |
CAGR | 7.4% |
Forecast Period | 2024-2032 |
Base Year | 2023 |
Historic Data | 2020 |
Segments Covered | Material, Technology, Type and Region |
Geographics Covered | North America, Europe, Asia Pacific, and RoW |
Major vendors in the global Blister Packaging Market: Amcor plc, Constantia Flexibles, UFlex Limited, Sonoco Products Company, WINPAK LTD., WestRock Company, SteriPackGroup, Honeywell International Inc, Klöckner Pentaplast, ACG, SÜDPACK, Tekni Plex, Blisterpack Inc., Abhinav Enterprises, YuanPeng Plastic Products Co., Ltd and others.
Increasing adoption of blister packaging in the medical device industry
The blister packaging market is experiencing significant growth, propelled by the increasing adoption of blister packaging in the medical device industry. This trend is primarily driven by the need for secure and tamper-evident packaging for medical devices, ensuring product integrity and compliance with stringent regulatory standards. Blister packaging provides an effective barrier against contamination, moisture, and external factors, safeguarding the sterility and functionality of medical devices. Additionally, the clear visibility and ease of labeling offered by blister packaging enhance product identification and traceability, crucial aspects in the medical sector. The heightened emphasis on patient safety and the growing demand for user-friendly packaging solutions further contribute to the rising prominence of blister packaging in the medical device industry, positioning it as a key driver for the overall growth of the blister packaging market.
Market Dynamics
Drivers:
- Growing demand for unit-dose packaging
- Rising demand for child-resistant packaging
- Growing popularity of blister packaging in consumer goods
Opportunities:
- Development of sustainable blister packaging solutions
- Innovation in blister packaging design
- Personalization of blister packaging
Growing Demand for Eco-Friendly and Sustainable Packaging Materials
The blister packaging market is witnessing a notable trend driven by a growing demand for eco-friendly and sustainable packaging materials. With increasing environmental consciousness among consumers and stringent regulations promoting sustainable practices, there is a notable shift towards blister packaging solutions that prioritize environmental responsibility. Manufacturers are investing in the development and adoption of materials that are recyclable, made from recycled content, or derived from renewable sources. This trend reflects a broader industry commitment to reducing the environmental impact of packaging, aligning with consumer preferences for sustainable products. As a result, companies in the blister packaging market are exploring innovative, environmentally friendly solutions to meet the evolving demands of both consumers and regulatory bodies, positioning sustainability as a key driver in shaping the future of blister packaging.
The market for Blister Packaging Market is dominated by North America.
North America secured a substantial market share, attributed to the presence of key healthcare end-users like Johnson & Johnson and Pfizer Inc. The region benefits from a concentration of highly advanced healthcare packaging manufacturers, contributing to the increased adoption of blister packaging. Notably, Huhtamaki is actively engaged in manufacturing blister packaging tailored for the healthcare sector in North America. Given the healthcare industry's reliance on blister packaging for safeguarding product integrity, the sector remains a major contributor to the market. Additionally, rising consumer awareness regarding the significance of safe and hygienic packaging for health is expected to drive further demand for blister packaging in the region.
The Asia Pacific region is emerging as the fastest-growing market for Blister Packaging Market due Asia Pacific is driven by increased needs in the personal care, electronics, and healthcare sectors, encompassing products like mobile charging cords, testers, generic drugs, and liquid cosmetics. The region is experiencing heightened pressure on pharmaceutical companies to meet the demands of population health management and address emerging diseases. Notably, key players such as UFlex Limited, Constantia Flexibles, and Amcor plc are contributing significantly to the growth of the blister packaging market in Asia Pacific. With China leading the way in 2022, boasting one of the largest pharmaceutical and consumer goods industries, the market benefits from the country's growing population and rising disposable income, resulting in increased demands for pharmaceuticals and consumer goods.
Thermoforming Segment is anticipated to hold the Largest Market Share during the Forecast Period
Based on Technology segment is categorized into Thermoforming and Cold Forming. Thermoforming technology dominates major revenue share. In the thermoforming process, a plastic sheet is heated to achieve flexibility and is subsequently molded into a specific shape using a vacuum or mold. This technique yields sturdy, transparent, and cost-effective packaging solutions that offer protection against external environmental elements like moisture and oxygen. The substantial growth in this segment is attributed to its distinctive features, including the capacity to create customized shapes and sizes of packaging at a reduced cost.
It offers a simpler and more efficient production process compared to cold-forming, resulting in lower tooling and equipment costs. Thermoformed blister packaging is highly customizable, allowing for intricate designs and shapes to accommodate various product sizes and forms. Additionally, thermoformed packaging provides superior protection against damage, contamination, and moisture, making it ideal for sensitive products like pharmaceuticals, medical devices, and consumer goods.
Major Segmentations Are Distributed as follows:
- By Material
- Paper & Paperboard
- Solid Bleached Sulfate (SBS)
- White-lined chipboard
- Others
- Plastic Films
- Polyvinyl Chloride (PVC)
- Polyethylene Terephthalate (PET)
- Polyethylene (PE)
- Others
- Aluminum
- Paper & Paperboard
- By Technology
- Thermoforming
- Cold Forming
- By Type
- Carded
- Clamshell
- By End-use
- Healthcare
- Consumer Goods
- Industrial Goods
- Food
- By Region
- North America
- US
- Canada
- Latin America
- Brazil
- Mexico
- Argentina
- Colombia
- Chile
- Peru
- Rest of Latin America
- Europe
- Germany
- France
- Italy
- Spain
- U.K.
- BENELUX
- CIS & Russia
- Nordics
- Austria
- Poland
- Rest of Europe
- Asia Pacific
- China
- Japan
- South Korea
- India
- Thailand
- Indonesia
- Malaysia
- Vietnam
- Australia & New Zealand
- Rest of Asia Pacific
- Middle East & Africa
- Saudi Arabia
- UAE
- South Africa
- Nigeria
- Egypt
- Israel
- Turkey
- Rest of MEA
- North America
Recent Developments
- In May 2023, SÜDPACK Medica unveiled "PharmaGuard," a groundbreaking blister concept designed for solid applications. This recyclable packaging solution functions as a crucial element in enhancing the environmental sustainability of the pharmaceutical industry.
- In October 2022, TekniPlex Healthcare introduced the world's first fully transparent mid-barrier recyclable blister pack at Pack Expo.
Answers to Following Key Questions:
- What will be the Blister Packaging Market’s Trends & growth rate? What analysis has been done of the prices, sales, and volume of the top producers of Blister Packaging Market?
- What are the main forces behind worldwide Blister Packaging Market? Which companies dominate Blister Packaging Market?
- Which companies dominate Blister Packaging Market? Which business possibilities, dangers, and tactics did they embrace in the market?
- What are the global Blister Packaging industry's suppliers' opportunities and dangers in Blister Packaging Market?
- What is the Blister Packaging industry's regional sales, income, and pricing analysis? In the Blister Packaging Market, who are the distributors, traders, and resellers?
- What are the main geographic areas for various trades that are anticipated to have astounding expansion over the Blister Packaging Market?
- What are the main geographical areas for various industries that are anticipated to observe astounding expansion for Blister Packaging Market?
- What are the dominant revenue-generating regions for Blister Packaging Market, as well as regional growth trends?
- By the end of the forecast period, what will the market size and growth rate be?
- What are the main Blister Packaging Market trends that are influencing the market's expansion?
- Which key product categories dominate Blister Packaging Market? What is Blister Packaging Market’s main applications?
- In the coming years, which Blister Packaging Market technology will dominate the market?
Reason to purchase this Blister Packaging Market Report:
- Determine prospective investment areas based on a detailed trend analysis of the global Blister Packaging Market over the next years.
- Gain an in-depth understanding of the underlying factors driving demand for different Blister Packaging Market segments in the top spending countries across the world and identify the opportunities each offers.
- Strengthen your understanding of the market in terms of demand drivers, industry trends, and the latest technological developments, among others.
- Identify the major channels that are driving the global Blister Packaging Market, providing a clear picture of future opportunities that can be tapped, resulting in revenue expansion.
- Channelize resources by focusing on the ongoing programs that are being undertaken by the different countries within the global Blister Packaging Market.
- Make correct business decisions based on a thorough analysis of the total competitive landscape of the sector with detailed profiles of the top Blister Packaging Market providers worldwide, including information about their products, alliances, recent contract wins, and financial analysis wherever available.
TOC
Table and Figures
Methodology:
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In addition, our analysts bring their industry expertise and domain knowledge to bear on the research process. Their deep understanding of market dynamics, emerging trends, and future prospects allows for insightful interpretation of the data and identification of strategic opportunities.
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Covered Key Topics
Growth Opportunities
Market Growth Drivers
Leading Market Players
Company Market Share
Market Size and Growth Rate
Market Trend and Technological
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