Blister packaging is a type of pre-formed plastic packaging that consists of a cavity made of thermoformed plastic and a paper or aluminum foil back. This style of packaging allows consumers to see a big portion of the content while protecting it from heat, UV radiation, humidity, and contamination. As a result, it reduces the need for containers and contributes to lower packing costs. Furthermore, because it facilitates product handling and shipping, it is often used for packaging toys, consumer products, food, and medications.
According to Zion Market Research, the global blister packaging market was valued at around USD 22,439.67 Million in 2021 and is expected to generate revenue of approximately USD 35,905.66 Million by the end of 2028, expanding at a CAGR of approximately 7.2% between 2022 and 2028.
Pharmaceutical tablet, pill, or lozenge unit-dose packaging is frequently done in blister packs. For shelf-life requirements, blister packs can provide barrier protection and tamper resistance.
Blister packaging solutions, which are often made up of molded plastic components connected to a piece of paper or metal, are used to package items such as tablets and high-volume, low-cost consumer electronics. In this sort of packaging, plastic substrates as forming films, paper & paperboard, or metal as lidding materials are usually utilized. This sort of packaging provides a variety of advantages over alternative packaging techniques, including pricing, ease of handling, and protection for each individual packaged material, among others. In the healthcare business, blister packs are used to package pharmaceuticals and medical equipment.
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Factors Influencing Blister Packaging Market Growth:
The blister packaging market is developing as a result of rising demand for blister-packed items from the elderly and the healthcare industry. Rising packaged product awareness, technological advancements in the medical and pharmaceutical industries, reduced package waste, and high packaged product consumption are all factors influencing the growth of the blister packaging market. Blister packaging protects healthcare supplies against oxygen, moisture, gas, temperature, and light. The blister packaging’s numerous design options and visually pleasing appearance promote its global demand.
Market Segmentation for Blister Packaging:
The global blister packaging market is divided into several segments, including technology, heat seal coating, material, application, and geography. Cold forming and thermoforming are two subcategories of the method. Heat seal coatings can be solvent-based or water-based. The material segment includes aluminum, paper and paperboard, and plastic film. PVC, rigid PVC, PP, PET, PS, PE, and OPA are all subsegments of the plastic film subsegment. SBS, WLC, and CUK are the subsegments of paper and paperboard. Industrial products, consumer goods, foods, and healthcare are the application segments.
The industrial items subsegment is organized into three categories: motor vehicle or spare parts, tools and related commodities, and aerospace components. The consumer goods subsegment is divided into cosmetics and toiletries, consumer electronics, toys and related goods, stationary, and electrical components. The healthcare subsegment is further subdivided into medical and pharmaceutical. The foods subsegment is divided into prepared meals, confectionary, meat, poultry, fish, and dairy goods. The regions are North America, Asia-Pacific, Europe, Latin America, and the Rest of the World. The most important markets are thermoforming and healthcare.
Analysis of the Blister Packaging Market by Region:
The blister packaging market is expanding in emerging markets such as Latin America and Asia-Pacific due to increased demand from the healthcare industry. Growing packaged goods demand, reduced packaging waste, more healthcare awareness, and advancements in innovation and technology in the medical and pharmaceutical industries are all propelling the European industry ahead. As a result, Europe has complete control of the blister packaging market.
The following companies compete in the blister packaging market:
Some of the prominent companies in the Blister Packaging Market include Amcor Limited, Bemis Company, Inc., WestRock Company, Honeywell International, Dow Chemical Company, Owens-Illinois, and Sonoco Products Company. Catalent Pharma Solutions, Tekni-Plex, Inc., Compass Pharma Services, Klockner Pentaplast Group, Constantia Flexibles, Innovative Plastics, Pharma Packaging Solutions, and Display are some of the companies that make up the Catalent Pharma Solutions group.
Blister Packaging Market: Regional Segment Analysis:
Rest of Europe
Rest of Asia Pacific
Rest of Latin America
Middle East & Africa
Rest of Middle East & Africa
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