Global Blister Packaging Market is valued at USD 23.91 Billion in 2020 and is expected to reach USD 37.89 Billion by 2027 with a CAGR of 6.8% over the forecast period.
Global Blister Packaging Market: Global Size, Trends, Competitive, Historical & Forecast Analysis, 2021-2027- Increased demand from end-user industries, its cost-effectiveness, and tamper-evident design for product protection are some of the major factors driving the growth of the Global Blister Packaging Market.
A blister packaging is pre-formed plastic packaging used for many purposes, such as for small consumer goods, foods, and pharmaceuticals. It is comprised of polyethylene terephthalate or polyvinyl chloride plastic packaging. In the healthcare industry, it is used for medical devices and drugs packaging. Blister solutions are widely used in food and consumer goods packaging. Blister packaging requires limited resources, and the solutions that occupy less shelf space, excellent protection against environmental factors, and offers a good hang hook display characteristic. The material used for blister packaging is rugged, making it ideal for a wide range of applications, such as pharmaceuticals, electronic equipment, or toy products. In addition, blister packs eliminate the need for additional cartons, which affects to reduces the cost of packaging. This packaging is also used in the packing of hardware, foils and films, toys, electrical items, etc. The laminate blister packs which can fold inwards are known as clamshells. Blister packaging secures the product in addition it also displays the product easily; it is also used for advertising, is tamper-proof, and is less expensive than other forms of packaging. Blister packaging is mostly used in the healthcare industry for packaging drugs and medical devices. They are also used for packaging consumer goods, industrial goods, and food industries.
After the COVID-19 pandemic, mostly blister packaging is used in the healthcare industry. Approximately 70% of the blister packaging demand is accounted for in the healthcare packaging segment. Demand for blister packaging is increased due to the increasing demand for pharmaceutical and medical products during pandemics. The increased approval for new drugs, similarly the establishment of new hospitals and COVID-19 centers across the world has increased the demand for medical devices. These factors have increased the demand for blister packaging in the healthcare industry. However, the supply chain network was disturbed due to the lockdown and its applications in other sectors such as industrial and consumer goods have shown a decline.
The regions covered in the Global Blister Packaging Market report are North America, Europe, Asia-Pacific, Latin America, and Rest of the World. On the basis of country level, the market of Global blister packaging is subdivided into U.S., Mexico, Canada, U.K., France, Germany, Italy, China, India, Japan, South East Asia, Middle East Asia (Saudi Arabia, UAE, Egypt) GCC, Africa, etc.
Global blister packaging market report is segmented on the basis of technology, type material, end-user, and region & country level. Based upon technology, the global blister packaging market is classified into thermoforming and cold forming. Based upon the type, the global blister packaging market is divided into carded and clamshell. Based upon the material, the global blister packaging market is divided into paper & paperboard, plastics films, and aluminum. Based upon end-user, the global blister packaging market is divided into healthcare, consumer goods, industrial goods, and food.
Some of the key players for the global blister packaging market are DOW, Sonoco Product Company, Klockner Pentaplast Group, E. I. du Pont de Nemours and Company, Amcor Plc., Honeywell Intermational Inc., Display Pack, Constantia Flexibles, Tekni-Plex, WestRock Company and others.
News:
Amcor Launched PE-Based Blister Packs
On May 24th, 2021; Amcor has launched world’s first recyclable PE-based thermoform tablet and capsule blister pack AmSky. By removing the PVC, Amcor has created a new, recyclable solution that benefits the entire recycling process, while retaining all the benefits of pre-existing blister packaging. The new packaging is designed to meet the stringent requirements of highly specialized and regulated pharmaceutical packaging, including being child-resistant and senior-citizen-friendly. AmSky offers a 70 percent reduction in carbon footprint when compared with packaging alternatives on the market, based on an analysis by the company’s own ASSET lifecycle assessment tool, certified by the Carbon Trust.
The blister packaging requires fewer resources for packaging which occupies less retail shelf space and offers an excellent hang-hook display, which leads to lower cost as compared to other packaging formats, such as rigid bottles which makes it cost-effective. The growing need for convenient and tamper-free packaging has multiplied the demand for blister packaging in the pharmaceutical industry. In addition, increasing demand from end-use industries like food, industrial goods, healthcare, and consumer goods is also fostering the growth of the global blister packaging market. blister packaging is used for increasing the shelf life of the product; however, it is not an ideal solution for heavy item packaging and its main purpose is to protect lightweight items which may restrain the growth of the global blister packaging market. In spite of that, increasing awareness and growing adoption in the emerging economies such as Brazil, Russia, India, and China and Colombia, Indonesia, and others may offer more opportunities for its further growth.
The Asia Pacific is expected to show the fastest growth in the global blister packaging market due to strong economic growth along with the positive outlook of the pharmaceutical industry. In addition, the presence of several pharmaceutical drug manufacturers along with the large population and growing healthcare expenditure across India, South Korea, and China lead to drive the blister packaging market growth. The growing middle-class population, rising consumption of high visibility products, and the growing healthcare industry in this region are also supplementing the market growth.
Report Analysis | Details |
---|---|
Historical data | 2015 - 2020 |
Forecast Period | 2021 - 2027 |
Market Size in 2020: | USD 23.91 Billion |
Base year considered | 2020 |
Forecast Period CAGR %: |
6.80 % |
Market Size Expected in 2027: | USD 37.89 Billion |
Tables, Charts & Figures: | 175 |
Pages | 200 |
blister packaging Manufacturers | DOW, Sonoco Product Company, Klockmer Pentaplast Group, E. I. du Pont de Nemours and Company, Amcor Plc., Honeywell Intermational Inc., Display Pack, Constantia Flexibles, Tekni-Plex, WestRock Company, and others |
Segments Covered | By Technology, By Material, By End-User, By Vehicle Type |
Regional Analysis | North America, U.S., Mexico, Canada, Europe, UK, France, Germany, Italy, Asia Pacific, China, Japan, India, Southeast Asia, South America, Brazil, Argentina, Columbia, The Middle East and Africa, GCC, Africa, Rest of the Middle East and Africa |
North America
Europe
Asia-Pacific
Latin America
Middle East and Africa
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