Market - Overview
The Blister Packaging Market is expected to reach USD 32,788 million by the year 2033 from USD 17,989 million in the year 2022. It is expected to grow at a CAGR of 6.0 % during the forecasted period.
There is significant demand witnessed by the blister packaging market due to the growing pharmaceutical industry. The pharma sector is ramping up its production and output. Certain features for the blister packaging industry such as protection of products and their safety along with their cost-effectiveness are resulting in providing sales footprints for the market.
Further, the industry is adopting sustainable solutions for packaging which is leading to further growth. Overall, the blister packaging market is expected to continue growing in the coming years, driven by various factors such as increasing demand for convenient and tamper-evident packaging solutions and the growing focus on sustainability and eco-friendly packaging.
Blister Packaging
Market: Description
Blister packaging is the terminology used for different varieties of plastic packaging that are pre-formed for use in foods, pharmaceuticals, and consumer goods. Such packaging solutions can be used for protection of products against different external aspects such as contamination, humidity and so on.
Blister packaging is useful for protecting
products from light and UV rays. All the uses of such packaging have ensured
that the market for blister packaging has lot of potential for growth.
Blister packaging is a type of packaging that consists of a
clear plastic cavity or pocket made from thermoformed plastic, which is then
sealed to a backing card or foil. This packaging technique is commonly used in
the packaging of consumer goods such as pharmaceuticals, medical devices,
electronics, toys, and food products. The blister packaging provides a barrier
between the product and the external environment, protecting the product from
moisture, light, and other environmental factors.
The blister packaging market is growing rapidly due to the increasing demand for tamper-evident and child-resistant packaging solutions, the growing preference for convenient and easy-to-use packaging, and the rising demand for packaged food and pharmaceutical products. Additionally, the growing focus on sustainability and environmental concerns has led to the development of eco-friendly blister packaging solutions.
· Pharmaceutical Market is propelling
growth of Blister packaging
There are various products in the pharma industry that necessitate moisture resistant packaging, as such products are sensitive to extreme conditions. This is especially witnessed in the Asia-Pacific region. Blister packaging helps protect these products from moisture.
Continuous
research is ongoing in the blister packaging industry along with collaborating
with some pharma manufacturing companies. These aspects have helped the blister
packaging industry to enhance packaging elements. These developments are useful
for industry players to get their business in place based on requirements and
ensure growth.
Consumer Goods to witness need for Blister packaging due to growth in its market. The consumer goods industry is expected to grow at a health CAGR of 7% during the forecasted years.
Products such as toys and
electronic goods along with other such things require blister packaging. With
consumer goods market growing, packaging needs will simultaneously increase.
Electronic manufacturing major countries such as Korea, China and Japan will
see significant growth for the blister packaging market. Further, Asia-Pacific
as a whole will also drive the industry.
Blister Packaging Market: Segmentation Analysis
Blister Packaging
market by Product type:
• Clamshell
• Carded
• Cold Forming
• Thermoforming
• Aluminium
• Paper & Paper board
Plastic films is considered to be the section that will witness fastest growth amongst all. Plastic films are one of the most commonly used materials for blister packaging due to their versatility, cost-effectiveness, and durability.
PVC film is one of the most widely used materials for blister packaging due to its excellent transparency, flexibility, and low cost. PVC films are easy to process and can be thermoformed into a variety of shapes and sizes.
However, the use of PVC films is becoming increasingly controversial due to concerns about its impact on the environment and human health. Polyethylene (PE) film is a versatile material that is commonly used for blister packaging of medical devices and pharmaceuticals. It is a non-toxic material that is resistant to moisture and chemicals, making it an ideal choice for products that require a high level of protection.
Blister Packaging Market: End-user Segment Analysis
Healthcare
Consumer Goods
Food and beverages
Personal Care
Medical Devices
Industrial Goods
Others
This has risen the demand for blister packaging which keeps away moisture and UV rays from affecting the pharma products. Other sectors such as Consumer Goods and the Food industry too form a part of the end-user segmentation for blister packaging market.
Favourable demographics, changes in lifestyles, increasing incomes of people and such other factors are reasons for growth in these countries for blister packaging. Further, APAC, North America, Europe and the Middle East too have a positive outlook towards blister packaging.
Latin America is an emerging market for blister packaging, driven by the growth of the pharmaceutical industry and the increasing demand for consumer goods. Brazil, Mexico, and Argentina are the largest markets in the region. The Middle East and Africa are growing markets for blister packaging, driven by the increasing demand for pharmaceuticals and consumer goods. Saudi Arabia, South Africa, and the United Arab Emirates are the largest markets in the region.
· Again in January
2020, the AptarGroup which is a leader among the material science and packaging
solutions sector, established an integrated Active Blister Packaging perfect
solution that combined oxygen scavenging and moisture absorption capabilities.
This will help in providing integrated solutions of the highest level for the
industry of pharmaceutical products.
1.
Global Blister Packaging Market
Introduction and Market Overview
1.1. Objectives
of the Study
1.2. Blister Packaging Market Definition & Description
1.3. Global
Blister Packaging Market Scope and Market Estimation
1.3.1. Global
Blister Packaging Market Size, Revenue (US$ Mn), Market CAGR (%), Market
forecast (2023-2033)
1.3.2. Global
Blister Packaging Market Revenue Share (%) and Growth Rate (Y-o-Y) from 2019-2033
1.4. Market
Segmentation
1.4.1. Product
Type of Global Blister Packaging Market
1.4.2. Technology
of Global Blister Packaging Market
1.4.3. Materials
of Global Blister Packaging Market
1.4.4. End-user
Segment Analysis of Global Blister Packaging Market
1.4.5. Region
of Global Blister Packaging Market
2.
Executive
Summary
2.1. Global
Blister Packaging Market
Industry Trends under COVID-19 Outbreak
2.1.1. Global
COVID-19 Status Overview
2.1.2. Influence
of COVID-19 Outbreak on Global Blister
Packaging Market Industry Development
2.2. Market
Dynamics
2.2.1. Drivers
2.2.2. Limitations
2.2.3. Opportunities
2.2.4. Impact
Analysis of Drivers and Restraints
2.3. Pricing
Trends Analysis & Average Selling Prices (ASPs)
2.4. Key
Mergers & Acquisitions, Expansions, JVs, Funding / VCs, etc.
2.5. Porter’s
Five Forces Analysis
2.5.1. Bargaining
Power of Suppliers
2.5.2. Bargaining
Power of Buyers
2.5.3. Threat
of Substitutes
2.5.4. Threat
of New Entrants
2.5.5. Competitive
Rivalry
2.6. Value
Chain / Ecosystem Analysis
2.7. PEST
Analysis
2.8. Russia-Ukraine
War Impacts Analysis
2.9. Economic
Downturn Analysis
2.10. Market
Investment Opportunity Analysis (Top Investment Pockets), By Segments & By
Region
3.
Global
Blister Packaging Market Estimates &
Historical Trend Analysis (2020 - 2022)
4.
Global
Blister Packaging Market Estimates &
Forecast Trend Analysis, By Product type
4.1. Global
Blister Packaging Market Revenue (US$ Mn) Estimates and Forecasts, By Product Type,
2023 to 2033
4.1.1. Clamshell
4.1.2. Carded
5.
Global
Blister Packaging Market Estimates &
Forecast Trend Analysis, By Technology
5.1. Global
Blister Packaging Market Revenue (US$ Mn) Estimates and Forecasts, By
Technology, 2023 to 2033
5.1.1. Cold
Forming
5.1.2. Thermoforming
6.
Global
Blister Packaging Market Estimates &
Forecast Trend Analysis, By Materials
6.1. Global
Blister Packaging Market Revenue (US$ Mn) Estimates and Forecasts, By Materials,
2023 to 2033
6.1.1. Plastic
films
6.1.2. Aluminium
6.1.3. Paper
& Paper board
7.
Global
Blister Packaging Market Estimates &
Forecast Trend Analysis, End-user Segment Analysis
7.1. Global
Blister Packaging Market Revenue (US$ Mn) Estimates and Forecasts, End-user
Segment Analysis, 2023 to 2033
7.1.1. Healthcare
7.1.2. Consumer
Goods
7.1.3. Food
and beverages
7.1.4. Personal
Care
7.1.5. Medical
Devices
7.1.6. Industrial
Goods
7.1.7. Others
8.
Global
Blister Packaging Market Estimates &
Forecast Trend Analysis, By Region
8.1. Global
Blister Packaging Market Revenue (US$ Mn) Estimates and Forecasts, By Region, 2023
to 2033
8.1.1. North
America
8.1.2. Europe
8.1.3. Asia
Pacific
8.1.4. Middle
East & Africa
8.1.5. South
America
9.
North
America Blister Packaging Market:
Estimates & Forecast Trend Analysis
9.1. North
America Blister Packaging Market Assessments & Key Findings
9.1.1. North
America Blister Packaging Market Introduction
9.1.2. North America
Blister Packaging Market Size Estimates and Forecast (US$ Million) (2023 to
2033)
9.1.2.1. By Product type
9.1.2.2. By Technology
9.1.2.3. Materials
9.1.2.4. End-user Segment Analysis
9.1.2.5. By
Country
9.1.2.5.1. The
U.S.
9.1.2.5.2. Canada
9.1.2.5.3. Mexico
10. Europe Blister Packaging Market: Estimates &
Forecast Trend Analysis
10.1. Europe
Blister Packaging Market Assessments & Key Findings
10.1.1. Europe
Blister Packaging Market Introduction
10.1.2. Europe
Blister Packaging Market Size Estimates and Forecast (US$ Million) (2023 to
2033)
10.1.2.1. By Product type
10.1.2.2. By Technology
10.1.2.3. Materials
10.1.2.4. End-user Segment Analysis
10.1.2.5. By
Country
10.1.2.5.1.
Germany
10.1.2.5.2.
U.K.
10.1.2.5.3.
France
10.1.2.5.4.
Italy
10.1.2.5.5.
Spain
10.1.2.5.6.
Russia
10.1.2.5.7.
Rest of Europe
11. Asia Pacific Blister Packaging Market: Estimates &
Forecast Trend Analysis
11.1. Asia
Pacific Market Assessments & Key Findings
11.1.1. Asia
Pacific Blister Packaging Market Introduction
11.1.2. Asia
Pacific Blister Packaging Market Size Estimates and Forecast (US$ Million) (2023
to 2033)
11.1.2.1. By Product type
11.1.2.2. By Technology
11.1.2.3. Materials
11.1.2.4. End-user Segment Analysis
11.1.2.5. By
Country
11.1.2.5.1.
China
11.1.2.5.2.
Japan
11.1.2.5.3.
India
11.1.2.5.4.
Australia
11.1.2.5.5.
South Korea
11.1.2.5.6.
ASEAN
11.1.2.5.7.
Rest of Asia Pacific
12. Middle East & Africa Blister Packaging Market: Estimates &
Forecast Trend Analysis
12.1. Middle
East & Africa Market Assessments & Key Findings
12.1.1. Middle
East & Africa Blister Packaging
Market Introduction
12.1.2. Middle
East & Africa Blister Packaging Market Size Estimates and
Forecast (US$ Million) (2023 to 2033)
12.1.2.1. By Product type
12.1.2.2. By Technology
12.1.2.3. Materials
12.1.2.4. End-user Segment Analysis
12.1.2.5. By
Country
12.1.2.5.1. U.A.E.
12.1.2.5.2. Saudi
Arabia
12.1.2.5.3. Egypt
12.1.2.5.4. South
Africa
12.1.2.5.5. Rest
of Middle East & Africa
13. South America Blister Packaging Market: Estimates &
Forecast Trend Analysis
13.1. South
America Market Assessments & Key Findings
13.1.1. South
America Blister Packaging Market Introduction
13.1.2. South
America Blister Packaging Market Size Estimates and Forecast (US$ Million) (2023
to 2033)
13.1.2.1. By Product type
13.1.2.2. By Technology
13.1.2.3. Materials
13.1.2.4. End-user Segment Analysis
13.1.2.5. By
Country
13.1.2.5.1. Brazil
13.1.2.5.2. Argentina
13.1.2.5.3. Colombia
13.1.2.5.4. Rest
of South America
14. Competition Landscape
14.1. Global
Blister Packaging Market Competition Matrix & Benchmarking, by Leading
Players / Innovators / Emerging Players / New Entrants
14.2. Global
Blister Packaging Market Concentration & Company Market Shares (%)
Analysis, 2022
15. Company Profiles
15.1. Amcor Plc (Switzerland)
15.1.1. Company
Overview & Key Stats
15.1.2. Financial
Performance & KPIs
15.1.3. Product
Portfolio
15.1.4. Business
Strategy & Recent Developments
* Similar details would be provided for all the
players mentioned below
15.2. DOW (US)
15.3. WestRock Company (US)
15.4. Sonoco Products Company (US)
15.5. Constantia Flexibles (Austria)
15.6. Klockner Pentaplast Group (Germany)
15.7. E.I. du Pont de Nemours and Company (US)
15.8. Honeywell International Inc. (US)
15.9. Tekni-Plex (US)
15.10. Display Pack (US)
15.11. Others**
16. Research Methodology
16.1. External
Transportations / Databases
16.2. Internal
Proprietary Database
16.3. Primary
Research
16.4. Secondary
Research
16.5. Assumptions
16.6. Limitations
16.7. Report
FAQs
17. Research Findings & Conclusion
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The blister packaging market is expected to reach USD 32,788 million by the year 2033 from USD 17,989 million in the year 2022. It is expected to grow at a CAGR of 6.0 % during the forecasted period.
There are various products in the pharma industry that necessitate moisture resistant packaging, as such products are sensitive to extreme conditions.
Some of the major players operating within the market are Amcor Plc (Switzerland), DOW (US), WestRock Company (US), Sonoco Products Company (US), Constantia Flexibles (Austria), Klockner Pentaplast Group (Germany), E.I. du Pont de Nemours and Company (US), Honeywell International Inc. (US), Tekni-Plex (US), Display Pack (US), and others.
Emerging economies that include Brazil, Russia, India, China (BRIC countries) along with Indonesia, Egypt, Colombia Vietnam, South Africa, and Turkey are set to garner most of the growth in the blister packaging market in coming years.
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