Global Blister Packaging
Market Report
2024
Delivery Includes:- Market Timeline 2019 till 2031, Market Size, Revenue/Volume Share, Forecast and CAGR, Competitor Analysis, Regional Analysis, Country Analysis, Segment Analysis, Market Trends, Drivers, Opportunities, Restraints, ESG Analysis, Porters Analysis, PESTEL Analysis, Market Attractiveness, Patent Analysis, Technological Trend, SWOT Analysis, COVID-19 Analysis, Consumer Behavior Analysis, etc.
The base year for the calculation is 2023 and 2019 to 2023 will be historical period. The year 2024 will be estimated one while the forecasted data will be from year 2025 to 2031. When we deliver the report that time we updated report data till the purchase date.
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"Global Blister Packaging market size 2030 will $35.58 Billion. Blister Packaging market will be growing at a CAGR of 4.94% during 2024 to 2030."
Base Year | 2023 |
Historical Data Time Period | 2019-2023 |
Forecast Period | 2024-2031 |
Global Blister Packaging Market Sales Revenue 2030 | $ 35.58 Billion |
Global Blister Packaging Market Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 4.94% |
Market Split by TypeType of Material |
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Market Split by Application |
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Market Split by Type of Blister Packaging |
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List of Competitors |
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Regional Analysis |
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Country Analysis |
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Key Qualitative Information Covered |
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Blister Packaging Market is Segmented as below. Particular segment of your interest can be provided without any additional cost. Download the Sample Pages!
According to Cognitive Market Research, the Blister Packaging market size will be XX million in 2023 and will expand at a compound annual growth rate (CAGR) of XX% from 2024 to 2031. Blister Packaging is plastic packaging that is molded into the size and shape of a product from a bubble. It is a type of packaging that is used in pharmaceuticals, the toy industry, or electronic packaging. Moreover, blister packaging technological advancements, such as improvements in materials, automated machinery, and new designs, have increased blister packs; efficiency, utility, and aesthetic appeal. These advances will continue to propel the markets expansion. Furthermore, blister-packed drugs can prove to be particularly useful in the transfer of medicines, such as those used for diabetes, which can be delivered across great distances. The advantage of this packing is that it is transparent and has good sealing quality. The factors driving demand for blister packing are the increasing output from the worldwide medicines business has resulted in a large need for pharmaceutical packaging, particularly blister packs. For Instance,According to the Economic Report, which is released every five years, diabetes would cost $412.9 billion worldwide annually in 2022.
The growing pharmaceutical industry led to an increased demand for blister packaging, which is accelerating
The pharmaceutical industry has been a significant driver of blister packaging demand. The requirement for safe packaging to protect medications, ensure product quality, and offer patient information has resulted in the extensive usage of blister packing in the industry. Several government efforts encourage bulk medication manufacturing to fulfill the growing demand for medicines. For example, in May 2022, the Department of Pharmaceuticals (DoP) in India divided the items into three categories: formulations, biopharmaceuticals, bulk medications, and in-vitro diagnostic medical devices, among others, and developed a system of incentives to encourage local manufacturing packages. Blister packaging technological advancements, such as improved materials, automated machinery, and new designs, have increased blister packs' efficiency, utility, and aesthetic appeal. These advances have propelled the market expansion. The rising supply of Active Pharmaceutical Ingredients (APIs) has boosted the increase in the number of API manufacturing and development facilities is driving up demand for blister packaging components. For example, in May 2022, Pfeifer announced the opening of its only drug development center in Asia, a 61,000-square-foot facility in Chennai, Tamil Nadu, India. The USD 20 million investment is intended to expand the company's services, which include APIs and Finished Dosage Forms (FDFs). Three of the company's manufacturing units in India will benefit from the advances gained in APIs at such facilities. Hence, The Leading pharmaceutical businesses globally are rapidly expanding their outsourcing efforts, to reduce medicine manufacturing and packaging costs, as well as complexity. This present outsourcing trend also increases the production volume of blister-packaged pharmaceutical medications. All of these factors are expected to fuel blister packaging market expansion for the foreseeable future.
Growing preference for child-resistant packaging and safety concerns has led to a rise in the industry
Safety and security are an important driver of blister packaging growth around the world. The pharmaceutical business has long acknowledged the need for tamper-evident packaging to protect consumers throughout the drug product's life cycle. For Instance, the FDA issued the " Compliance Policy Guide Sec. 450.500 Tamper-Resistant Packaging Requirements for Certain Over-the-Counter Human Drug products; According to the recommendations, most over-the-counter drugs must be wrapped in tamper-resistant packaging that offers " visible evidence to consumers that tampering has occurred" even after purchase. Blisters in pharmaceutical packaging protect the medication not only from light oxygen, humidity, and pathogens but also from mishandling and tampering. Because the product remains securely sealed in whatever conditions it is in from the outside environment, its shelf life rises, adding to the product's safety and suitability for long-term storage and exhibition. Secondly, child-resistant packaging is built in such a way that even adults struggle to open it. Some of the companies have resolved this issue. For Instance, Locked 4 Kids child-resistant packaging is quite innovative. The packaging is unique in that it provides simple access for adults and elders but not for youngsters. The medication is packaged as blister strips, which are stored in a plastic tray that slots into a carton. Most modern child-resistant packaging makes every effort to address this issue; yet, it is impossible to obtain child-resistant packaging without compromising some convenience(Source:https://www.locked4kids.com/guide/child-resistant-blister-packaging) For Instance, Medlock EZ includes blister packs packaged in paperboard boxes. The cartons have two push points at one end. The blister strip is locked inside the carton, but the user can disengage it by pressing down on the two push points while sliding out the blister tray. Cartons are extremely adaptable and provide a great deal of design freedom. There is considerable space for printing product information and branding.(Source: https://www.bizongo.com/blog/pharmaceutical-child-resistant-packaging#:~:text=Medlock%20EZ,-Another%20CR%20carton&text=These%20cartons%20come%20with%20two,sliding%20out%20the%20blister%20tray.)Hence, Child-resistant packaging is continually improving, one of the most notable features of blister packaging is its ability to preserve product integrity. Each dose is individually sealed, which lowers the chance of contamination. Blister packs can also be developed with tamper-evident and child-resistant features to increase safety and ensure regulatory compliance.
As more people are getting awareness about saving the environment by decreasing the use of harmful material, the Blister packaging market uses a type of packaging by heating a sheet of plastic. Plastic is the primary material used in the majority of pharmaceutical drug packaging, including blister packs, bottles, pre-filled syringes, and inhalers. Every year, approximately 100,000 tonnes of plastic are generated globally for pharmaceutical packaging, which is a drop in the ocean when compared to the 36 million tonnes produced across all industries combined. One key impediment to the blister packaging sector is environmental concerns about the usage of certain materials, particularly PVC (Polyvinyl Chloride). PVC is a popular material for blister packing because of its clarity and durability. However, PVC is not biodegradable and might have negative environmental consequences during production and disposal. As environmental consciousness grows, there is more scrutiny and regulation of the use of PVC and other non-sustainable materials in packaging. For Instance, PVC blister packaging's poor performance in the freshwater aquatic ecotoxicity indicator could be attributable to significant (93%) organic emissions into freshwater resources. Hence Blister packs are frequently disposed of in cardboard boxes, and leave the cardboard box unrecyclable, nonetheless, recycling pharmaceutical packaging and blister packaging is not considered economically viable. So, growing environmental concerns due to improper disposable blister packaging can hinder the growth of the market.
Blister Packaging is used in healthcare most of the time and as in COVID, the healthcare industry was affected. Due to this, it affected the medicines which means the packaging industry grew too. Certain drugs or medicines’ demand increased as there was a medical emergency. This increased the Blister packaging market but on the other side, Blister packaging had a downfall too. The blister packaging market was somewhere negatively impacted by the COVID-19 epidemic. Several variables contributed significantly to the detrimental impact of the Disruptions in the global supply chain causing delays in the purchase of raw materials required for blister packing manufacturing. Furthermore, reduced consumer spending on non-essential goods, along with a shift in consumer behavior toward online shopping, resulted in lower demand for blister packing. The pharmaceutical business, a significant consumer of blister packing, also experienced difficulties during the epidemic, exacerbating the market's problems. Overall, the pandemic hurt the blister packaging business, resulting in supply chain interruptions, decreased demand, and industry-specific disruptions
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Leading market players are extensively spending on Research and development to extend their product lines, allowing the Blister Packaging market to grow even further. For instance, WestRock Company, with its comprehensive packaging solutions, has established itself as a
dependable partner for organizations looking for complete packaging solutions. Market participants are also engaging in several strategic initiatives to expand their presence, with significant development in that market including the launch of new products, contractual agreements, mergers and acquisitions, increased investments, and collaboration with other organizations. Due to the environmental safety and to reduce the wastage of the products. Several companies are developing innovative, recyclable packaging materials for blister packaging. For example, Amcor PLC's Am Sky Blister System offers a recyclable alternative to traditional blister packaging options. Am Sky has vinyl and aluminum-free thermoform technology and is built on PE for recycling in rigid and flexible streams. This innovation caters to the market with better products for the consumer.
Top Companies Market Share in Blister Packaging Industry: (In no particular order of Rank)
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Region and country analysis section of Blister Packaging Industry Analysis has been segmented into 5 major region such as North America, Europe, Asia Pacific, Middle East & Africa ,and Latin America (along with respective major contributing countries) and provides the revenue share, current trends.
The base years considered for all the estimations by analyzing trends and growth rate will help you gain an in-depth understanding of the conclusions provided in this report. This report also includes figures, graphs, pie charts, tables and bar graphs that explain the data analysis based on current trends at the country level as well as key regions. This research report also focuses on assessing factors such as profit, product price, capacity, production, supply demand market growth rate along with others to create a clear picture on the future prospects of Blister Packaging market.
The current report Scope analyzes Blister Packaging Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com
The above graph is for illustrative purposes only.
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Global Blister Packaging Market Report 2024 Edition talks about crucial market insights with the help of segments and sub-segments analysis. In this section, we reveal an in-depth analysis of the key factors influencing Blister Packaging Industry growth. Blister Packaging market has been segmented with the help of its TypeType of Material, Application Type of Blister Packaging, and others. Blister Packaging market analysis helps to understand key industry segments, and their global, regional, and country-level insights. Furthermore, this analysis also provides information pertaining to segments that are going to be most lucrative in the near future and their expected growth rate and future market opportunities. The report also provides detailed insights into factors responsible for the positive or negative growth of each industry segment.
Plastic is the major segment in the bifurcation of materials. Plastic sheets are heated and melted into certain forms, cavities, or pockets to accommodate a product. PVC(Polyvinyl chloride) is the most extensively used plastic material; it is flexible, durable, and pliable, andit may be made translucent or colored. PET (Polyethylene terephthalate) has firm texture, good toughness, and high strength. The disadvantage is that PET high-frequency heat sealing is more complex and costs significantly more than PVC. This material is frequently replaced by people seeking high-end, environmentally friendly items. The aluminum foil layer in alu blister packing serves as an effective moisture and oxygen barrier. This is critical for pharmaceutical goods that are susceptible to certain components since they can reduce the products stability and efficacy.
The above Chart is for representative purposes and does not depict actual sale statistics. Access/Request the quantitative data to understand the trends and dominating segment of Blister Packaging Industry. Request a Free Sample PDF!
The market is divided into four end-user segments: healthcare, consumer, food, and industrial products Among these sectors the most prominent one is the healthcare segment had one of the greatest revenue shares, accounting for more than XX% in 2022. This is due to its increased use in the packaging of a variety of healthcare products, including prescription drugs, over-the-counter medications, medical devices, and others. Blister packs provide product protection, tamper-evident features, and simplicity when packing unit doses of medical medications. Furthermore, the rising popularity of smart blister packaging is driving market growth in consumer goods. For example, in toys, electronic goods like USB,cables, stationary packaging, batteries, and others.
The above Graph is for representation purposes only. This chart does not depict actual Market share.
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The market is separated into two types that is carded pack, and clamshell. The Carded Pack segment of the market is dominant and is expected to increase significantly. The carded pack segment includes blister packing linked to a printed card or supporting material. This style of packaging is frequently used for retail products, with the blister pack attached to a cardboard or paperboard backing with product information and branding printed on the card. In terms of revenue, carded-type blister packaging had the largest market share, accounting or more than XX% in 2022. The product placed within the blister with an adhesive or heat- sealed card provides visibility, convenience, cheaper cost, and protection to the product, driving demand for this market. For Example, AAA or AA (A size round batteries used standard sizes for portable electronic devices) batteries are sold in blister packaging, which includes a clear plastic blister and a cardboard backing. This package protects against damage and moisture while making the product information and batteries visible to customers. The clamshell blister packaging market is growing because of the benefits it offers, such as versatility, increased protection, and an appealing packaging style. Clamshell packaging is simply customizable and may be made to the desired shape and size. Furthermore, these packaging options can be customized by adding graphics and logos to the package, allowing customers to distinguish their products from competitors.
Research Analyst at Cognitive Market Research
I am a research analyst working in various domains including the Consumer Goods domain, and my primary responsibility is to conduct thorough research on various subjects and provide valuable insights to support client requirements. I have knowledge of research methodologies, and data mining which enables me to analyze large data sets, draw meaningful conclusions, and communicate them effectively. I stay up-to-date with the latest research trends, methodologies, and technologies to ensure that my research is accurate, relevant, and impactful.
Sneha Mali is a research analyst working in various domains including the Consumer Goods, market research and transport & logistics and her primary responsibility is to conduct thorough research on various subjects and provide valuable insights to support client requirements. Her knowledge of research methodologies, and data mining which enables me to analyze large data sets, draw meaningful conclusions, and communicate them effectively.Sneha stay up-to-date with the latest research trends, methodologies, and technologies to ensure that her research is accurate, relevant, and impactful.
In her current role, Sneha is committed to continuous learning and staying abreast of emerging trends in research methodologies. Regular participation in workshops, webinars, and industry conferences ensures that her skills remain sharp and relevant. She have demonstrated ability to transform complex data sets into clear and concise narratives that inform key business strategies. Collaborating with cross-functional teams.Sneha remains an invaluable asset in the dynamic landscape of market research.
Our study will explain complete manufacturing process along with major raw materials required to manufacture end-product. This report helps to make effective decisions determining product position and will assist you to understand opportunities and threats around the globe.
The Global Blister Packaging Market is witnessing significant growth in the near future.
In 2023, the Paper Paperboard segment accounted for noticeable share of global Blister Packaging Market and is projected to experience significant growth in the near future.
The Healthcare segment is expected to expand at the significant CAGR retaining position throughout the forecast period.
Some of the key companies The Dow Chemical Company U.S., Sonoco Products Company U.S. and others are focusing on its strategy building model to strengthen its product portfolio and expand its business in the global market.
Please note, we have not disclose, all the sources consulted/referred during a market study due to confidentiality and paid service concern. However, rest assured that upon purchasing the service or paid report version, we will release the comprehensive list of sources along with the complete report and we also provide the data support where you can intract with the team of analysts who worked on the report.
Disclaimer:
TypeType of Material | Paper Paperboard, Plastic, Aluminum, Others |
Application | Healthcare, Consumer, Industrial Goods |
Type of Blister Packaging | carded pack, clamshell. |
List of Competitors | The Dow Chemical Company U.S., WestRock Company U.S., Sonoco Products Company U.S., that are the manufacturing companies of the blister packaging., E.I. du Pont de Nemours and Company U.S., Klockner Germany, Honeywell International Inc. U.S., Tekni plex Inc. U.S., Display PackInc. U.S. |
This chapter will help you gain GLOBAL Market Analysis of Blister Packaging. Further deep in this chapter, you will be able to review Global Blister Packaging Market Split by various segments and Geographical Split.
Chapter 1 Global Market Analysis
Global Market has been segmented on the basis 5 major regions such as North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America.
You can purchase only the Executive Summary of Global Market (2019 vs 2024 vs 2031)
Global Market Dynamics, Trends, Drivers, Restraints, Opportunities, Only Pointers will be deliverable
Chapter 2 North America Market Analysis
Chapter 3 Europe Market Analysis
Chapter 4 Asia Pacific Market Analysis
Chapter 5 South America Market Analysis
Chapter 6 Middle East and Africa Market Analysis
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Chapter 7 Top 10 Countries Analysis (Only Available with Corporate User License)
Competitor's Market Share and Revenue (Subject to Data Availability for Private Players)
Chapter 8 Competitor Analysis (Subject to Data Availability (Private Players))
(Subject to Data Availability (Private Players))
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Chapter 9 Qualitative Analysis (Subject to Data Availability)
Segmentation TypeType of Material Analysis 2019 -2031, will provide market size split by TypeType of Material. This Information is provided at Global Level, Regional Level and Top Countries Level The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 10 Market Split by TypeType of Material Analysis 2019 -2031
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Chapter 11 Market Split by Application Analysis 2019 -2031
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Chapter 12 Market Split by Type of Blister Packaging Analysis 2019 -2031
This chapter helps you understand the Key Takeaways and Analyst Point of View of the global Blister Packaging market
Chapter 13 Research Findings
Here the analyst will summarize the content of entire report and will share his view point on the current industry scenario and how the market is expected to perform in the near future. The points shared by the analyst are based on his/her detailed in-depth understanding of the market during the course of this report study. You will be provided exclusive rights to interact with the concerned analyst for unlimited time pre purchase as well as post purchase of the report.
Why Paper Paperboard have a significant impact on Blister Packaging market? |
What are the key factors affecting the Paper Paperboard and Plastic of Blister Packaging Market? |
What is the CAGR/Growth Rate of Healthcare during the forecast period? |
By type, which segment accounted for largest share of the global Blister Packaging Market? |
Which region is expected to dominate the global Blister Packaging Market within the forecast period? |
Segmentation Level Customization |
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