Blister Packaging Market Size, Share, Trends and Forecast 2030, by Types (Carded Blister Packaging, Clamshell Blister Packaging, Slide Blister Packaging, Aluminum Blister Packaging, Heat Seal Blister Packaging, Cold Seal Blister Packaging) by Applications (Pharmaceutical and Healthcare, Consumer Goods, Industrial Goods, Food, Electronics)

Report ID :
3041

Publisher ID :
theinsightbridge

Published :
2023-06-10

Pages :
202

Purchase Option
$4500

Blister Packaging Market Introduction

Blister packaging is a type of packaging that is widely used in the pharmaceutical, consumer goods, and food industries. It is a packaging process in which a product is placed in a pre-formed plastic cavity, sealed with a backing material, and then heat-sealed to create a secure and tamper-evident package. Blister packaging provides a high level of protection to the product from external factors such as moisture, light, and air, ensuring product safety and efficacy.The blister packaging market is driven by the increasing demand for secure and tamper-evident packaging solutions across various industries. In the pharmaceutical industry, blister packaging is widely used for the packaging of tablets, capsules, and other solid dose drugs, as it provides a high level of protection and enhances product shelf-life. In the consumer goods industry, blister packaging is used for the packaging of products such as batteries, cosmetics, and electronic devices, as it provides a high degree of visibility and protects the product from damage during shipping.The market for blister packaging is also driven by the increasing demand for sustainable packaging solutions. Many manufacturers are adopting eco-friendly materials such as biodegradable plastics and paper-based materials for blister packaging, in order to reduce the environmental impact of packaging waste.The blister packaging market is highly competitive, with several players operating in the market. Some of the key players in the market include Amcor plc, Bemis Company, Inc., Sonoco Products Company, WestRock Company, and Constantia Flexibles Group GmbH. These companies are constantly investing in research and development to offer innovative and sustainable packaging solutions, and are also expanding their global presence through strategic partnerships and acquisitions.

Blister Packaging Market Size

The global blister packaging market size was valued at USD 20.39 billion in 2020 and is expected to reach USD 28.98 billion by 2028, growing at a CAGR of 4.4% from 2021 to 2028. The growth of the market is driven by the increasing demand for secure and tamper-evident packaging solutions across various industries, including pharmaceuticals, consumer goods, and food. Additionally, the adoption of eco-friendly materials for blister packaging, such as biodegradable plastics and paper-based materials, is expected to further drive the growth of the market.The pharmaceutical industry is one of the major end-users of blister packaging, and the increasing demand for over-the-counter (OTC) drugs and the growing prevalence of chronic diseases are expected to drive the demand for blister packaging in this industry. The consumer goods industry is also expected to drive the growth of the blister packaging market, as blister packaging provides high visibility and protection to the products, making it a preferred choice for packaging of products such as batteries, cosmetics, and electronic devices.Geographically, Asia Pacific is expected to dominate the blister packaging market, owing to the presence of a large number of pharmaceutical and consumer goods manufacturers in countries such as China and India. North America and Europe are also expected to witness significant growth, owing to the increasing demand for sustainable packaging solutions and the growing awareness about the benefits of blister packaging.

Blister Packaging Market Share

The blister packaging market is highly competitive, with several players operating in the market. Some of the key players in the market include Amcor plc, Bemis Company, Inc., Sonoco Products Company, WestRock Company, and Constantia Flexibles Group GmbH. These companies hold a significant market share in the blister packaging market.In terms of the type of blister packaging, thermoforming is the most widely used method, accounting for the largest market share. This is due to the cost-effectiveness and flexibility offered by thermoforming in the production of custom-shaped blisters.In terms of end-use industries, the pharmaceutical industry is the largest consumer of blister packaging, accounting for the majority of the market share. This is due to the high demand for secure and tamper-evident packaging solutions for the packaging of tablets, capsules, and other solid dose drugs.Geographically, Asia Pacific is expected to dominate the blister packaging market, owing to the presence of a large number of pharmaceutical and consumer goods manufacturers in countries such as China and India. North America and Europe are also expected to hold significant market shares, owing to the increasing demand for sustainable packaging solutions and the growing awareness about the benefits of blister packaging.

Blister Packaging Market Trends

There are several emerging trends in the blister packaging market that are expected to shape its growth trajectory in the coming years:

  1. Adoption of eco-friendly materials: The blister packaging industry is increasingly adopting eco-friendly materials such as biodegradable plastics and paper-based materials to reduce the environmental impact of packaging waste. This trend is driven by the growing consumer awareness about sustainability and the need to reduce plastic waste.
  2. Customized packaging solutions: The demand for customized blister packaging solutions is increasing, as manufacturers look for packaging solutions that can be tailored to their specific product requirements. Customized packaging solutions can improve product visibility, brand recognition, and consumer engagement.
  3. Smart packaging: Smart packaging solutions, which include features such as sensors, RFID tags, and QR codes, are becoming increasingly popular in the blister packaging industry. These features can provide real-time information about the product, such as its location, temperature, and expiry date, and can help to improve supply chain efficiency and product safety.
  4. Automation in packaging: The use of automation in blister packaging is increasing, as manufacturers seek to improve production efficiency and reduce costs. Automation can help to improve speed, accuracy, and consistency in the production process, and can also help to reduce the risk of errors and product defects.
  5. Combination packaging: Combination packaging, which involves the use of multiple packaging formats in a single package, is becoming increasingly popular in the blister packaging industry. This trend is driven by the need to provide consumers with a convenient and functional packaging solution that can protect and display multiple products at once.

Blister Packaging Market Driving Factors

The blister packaging market is driven by several factors, including:

  1. Increasing demand for secure and tamper-evident packaging solutions: Blister packaging provides a high level of protection and security to the products, making it a preferred choice for packaging in industries such as pharmaceuticals, consumer goods, and food.
  2. Growing awareness about sustainability: The demand for sustainable packaging solutions is increasing, as consumers and manufacturers seek to reduce their environmental footprint. Blister packaging manufacturers are responding to this demand by adopting eco-friendly materials and production processes.
  3. Growing demand for customized packaging solutions: The need for customized blister packaging solutions is increasing, as manufacturers look for packaging solutions that can be tailored to their specific product requirements.
  4. Technological advancements in packaging equipment: The development of advanced packaging equipment, such as automated packaging machines, is driving the growth of the blister packaging market. Automation can improve production efficiency, reduce costs, and improve the quality and consistency of the packaging.
  5. Growing demand for pharmaceuticals: The pharmaceutical industry is one of the major end-users of blister packaging, and the growing demand for over-the-counter (OTC) drugs and the increasing prevalence of chronic diseases are expected to drive the demand for blister packaging in this industry.
  6. Increasing demand for consumer goods: The demand for blister packaging is also growing in the consumer goods industry, as blister packaging provides high visibility and protection to the products, making it a preferred choice for packaging of products such as batteries, cosmetics, and electronic devices.

Blister Packaging Market Regional Analysis

Geographically, the blister packaging market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.

  1. North America: The North American blister packaging market is driven by the growing demand for sustainable packaging solutions, increasing awareness about the benefits of blister packaging, and the growing demand for pharmaceuticals and consumer goods. The US is the largest market for blister packaging in the region.
  2. Europe: The European blister packaging market is driven by the increasing demand for eco-friendly packaging solutions, the growing emphasis on product safety and quality, and the increasing demand for customized packaging solutions. Germany and the UK are the major markets for blister packaging in the region.
  3. Asia Pacific: The Asia Pacific blister packaging market is expected to grow at the highest CAGR during the forecast period, owing to the presence of a large number of pharmaceutical and consumer goods manufacturers in countries such as China and India. The growing demand for sustainable packaging solutions, increasing population, and rising disposable income are also driving the growth of the blister packaging market in the region.
  4. Latin America: The Latin American blister packaging market is driven by the increasing demand for pharmaceuticals and consumer goods, the growing emphasis on product safety and quality, and the increasing adoption of eco-friendly packaging solutions.
  5. Middle East & Africa: The Middle East & Africa blister packaging market is driven by the increasing demand for pharmaceuticals and consumer goods, the growing emphasis on product safety and quality, and the increasing adoption of sustainable packaging solutions. The market is expected to grow at a moderate rate during the forecast period.

Blister Packaging Market Forecasts 2030

The blister packaging market is expected to grow significantly in the coming years, with a compound annual growth rate (CAGR) of around 6% from 2021 to 2030.The pharmaceutical industry is expected to remain the largest end-user of blister packaging, due to the increasing demand for medications globally, especially in emerging economies. Additionally, the growing adoption of unit-dose packaging and the need for child-resistant packaging are expected to drive demand for blister packaging in the pharmaceutical industry.The food industry is also expected to contribute to the growth of the blister packaging market, as the demand for convenient and safe food packaging solutions continues to increase.In terms of materials, the use of biodegradable and compostable plastics in blister packaging is expected to gain traction, as the focus on sustainability continues to grow.North America and Europe are expected to remain the largest markets for blister packaging, due to the presence of well-established pharmaceutical and food industries. However, the Asia Pacific region is expected to experience the highest growth rate during the forecast period, due to the increasing demand for medication and food packaging solutions.Overall, the global blister packaging market is expected to reach a value of over USD 30 billion by 2030, driven by the growing demand from the pharmaceutical and food industries, as well as the increasing adoption of sustainable and convenient packaging solutions.

Blister Packaging Market Key Industry Players

Some of the key players in the global blister packaging market include:

  1. Amcor plc
  2. Berry Global, Inc.
  3. Constantia Flexibles Group GmbH
  4. Sonoco Products Company
  5. Winpak Ltd.
  6. Bemis Company, Inc.
  7. Klockner Pentaplast Group
  8. Rohrer Corporation
  9. Display Pack, Inc.
  10. WestRock Company

These companies are investing in research and development activities to develop innovative and sustainable blister packaging solutions that meet the evolving needs of their customers. They are also focusing on strategic partnerships and acquisitions to expand their product portfolios and strengthen their market position. Additionally, they are adopting various growth strategies such as mergers and acquisitions, collaborations, and partnerships to gain a competitive edge in the market.

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