Blister Packaging Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028

Blister Packaging Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028

Report Format: PDF+Excel | Report ID: SR112023A1216
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Market Overview:

The global blister packaging market size reached US$ 24.0 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 33.9 Billion by 2028, exhibiting a growth rate (CAGR) of 5.65% during 2023-2028.

Blister packaging refers to a pre-formed plastic packaging which comprises of a cavity that is made using a thermoformed plastic and a paper or aluminum foil back. This type of packaging displays a large part of the content to consumers while protecting it from heat, UV rays, humidity and contamination. Due to this, it eliminates the need for cartons and helps in reducing packaging costs. Additionally, as it provides easy product handling and transportation, it is extensively used for packing toys, consumer goods, food and medicines.

Global Blister Packaging Market 

Market Drivers:

The growing need for convenient and tamper-free packaging has proliferated the demand for blister packaging in the pharmaceutical industry. Moreover, factors like rising demand for unit dose packaging, sales of OTC drugs and monitored dosage system for improving patient compliance are providing a thrust to the market growth. Further, technological advancements in the pharmaceutical and food industries have enabled manufacturers to incorporate radio-frequency identification (RFID) tags in blister packs for simplifying supply-chain management. In addition, products like child-resistant packaging with push-through, peelable, pressure-sensitive and anti-lock mechanism are modifying the production methods. Some of the other factors driving the market include rising prevalence of life style diseases, ageing population, stringent regulatory requirements and increasing demand of generic drugs.

 

 
 

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Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global blister packaging market report, along with forecasts at the global and regional level from 2023-2028. Our report has categorized the market based on product type, technology, raw material and end-use.

Breakup by Product Type:

 

 
 

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  • Carded
  • Clamshell


Currently, carded blister packaging represents the most popular product type. It is commonly utilized in the packing of medicines, food products and small consumer goods due to its cost-effectiveness and the ability to be formed in different shapes.

Breakup by Raw Material:

  • Polyvinyl Chloride (PVC)
  • Aclar
  • Polyvinylidene Chloride (PVDC)
  • Cyclic Olefin Copolymer (COC)
  • Polypropylene (PP)


Amongst these, polyvinyl chloride (PVC) is the most popular raw material, accounting for the majority of the total market share. PVC is used owing to its light weight, low cost, excellent barrier properties and inert nature.

Breakup by Technology:

  • Thermoforming
  • Cold Forming


At present, thermoforming technology is widely used for manufacturing blister packs and holds most of the market share.

Breakup by End-Use:

  • Healthcare
  • Consumer Goods
  • Industrial Goods
  • Food


On the basis of end-uses, the healthcare sector accounts for the majority of the total market share.

Regional Insights:

 

 
 

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  • North America
  • Europe
  • Asia Pacific
  • Middle East and Africa
  • Latin America


Region-wise, Asia Pacific exhibits a clear dominance in the global blister packaging market.

Competitive Landscape:

The competitive landscape has also been analyzed in the report along with the detailed profiles of the leading market players. Some of them include:

  • Amcor Limited
  • Bemis Company, Inc.
  • The DOW Chemical Company
  • Westrock Company
  • Sonoco Products Company 
  • Constantia Flexibles GmbH
  • E.I.Du Pont De Nemours and Company
  • Honeywell International Inc.
  • Tekni-Plex, Inc.
  • Display Pack, Inc.
  • Pharma Packaging Solutions
     

Report Coverage:

Report Features Details
Base Year of the Analysis 2022
Historical Period 2017-2022
Forecast Period 2023-2028
Units US$ Billion
Segment Coverage Product Type, Technology, Raw Material, End-Use, Region
Region Covered  Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Companies Covered Amcor Limited, Bemis Company, Inc., The DOW Chemical Company, Westrock Company, Sonoco Products Company, Constantia Flexibles GmbH, E.I.Du Pont De Nemours and Company, Honeywell International Inc., Tekni-Plex, Inc., Display Pack, Inc. and Pharma Packaging Solutions
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 2499
Five User License: US$ 3499
Corporate License: US$ 4499
Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

Key Questions Answered in This Report

The global blister packaging market was valued at US$ 24.0 Billion in 2022.

We expect the global blister packaging market to exhibit a CAGR of 5.65% during 2023-2028.

The rising popularity of convenient and tamper-free packaging, along with the growing demand for blister packaging across the healthcare sector to reduce the adverse effects of the open atmosphere on sensitive drugs, is primarily driving the global blister packaging market.

The sudden outbreak of the COVID-19 pandemic has led to the increasing adoption of blister packaging across the healthcare sector to protect the required dosages of the coronavirus-infected patients from heat, UV rays, humidity, and contamination.

Based on the product type, the global blister packaging market has been segmented into carded and clamshell. Currently, carded blister packaging holds the majority of the total market share.

Based on the raw material, the global blister packaging market can be divided into Polyvinyl Chloride (PVC), aclar, Polyvinylidene Chloride (PVDC), Cyclic Olefin Copolymer (COC), and Polypropylene (PP). Among these, Polyvinyl Chloride (PVC) currently exhibits a clear dominance in the market.

Based on the technology, the global blister packaging market has been categorized into thermoforming and cold forming, where thermoforming technology accounts for the majority of the global market share.

Based on the end-use, the global blister packaging market can be segregated into healthcare, consumer goods, industrial goods, and food. Currently, the healthcare sector currently holds the largest market share.

On a regional level, the market has been classified into North America, Europe, Asia Pacific, Middle East and Africa, and Latin America, where Asia Pacific currently dominates the global market.

Some of the major players in the global blister packaging market include Amcor Limited, Bemis Company, Inc., The DOW Chemical Company, Westrock Company, Sonoco Products Company, Constantia Flexibles GmbH, E.I.Du Pont De Nemours and Company, Honeywell International Inc., Tekni-Plex, Inc., Display Pack, Inc., Pharma Packaging Solutions, etc.

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Blister Packaging Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028
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