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. 

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.

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:

• 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:

• 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: