USD 25.80 billion
Blister Packaging Market Size, Share, Growth Analysis, By Type(Carded, Clamshell), By Technology(Thermoforming, and Cold Forming), By Material(Paper & Paperboard, WLC, Others), Plastic Films (PVC), By End-User(Healthcare, Consumer Goods, Industrial Goods, and Food), By Region - Industry Forecast 2024-2031
Report ID:
SQCIG15G2045 |
Region:
Global |
Published Date: August, 2024
Pages:
184
|Tables:
116
|Figures:
77
Blister Packaging Market Insights
Global Blister Packaging Market size was valued at around USD 25.79 billion in 2022 and is expected to rise from USD 27.47 billion in 2023 to reach a value of USD 45.46 Billion by 2031, at a CAGR of 6.50% during the forecast period (2024–2031).
Blister packaging is in high demand due to the development of manufacturing tasks and the maturity of inconveniently wrapped items. It is utilized in pharmaceutical, consumer, and food product packaging. It makes product handling easier while also shielding commodities from harsh weather and pollution. The use of this sort of packaging facilitates the movement of objects. As a result, this characteristic will drive the global Blister Packaging Market. Furthermore, the Blister Packaging Market is being driven by the expanding convenience goods segment. Cosmetics, gadgets, and prescriptions are frequently eaten, and this packaging makes them easier to handle and utilize. These are important drivers that are projected to propel the Global Blister Packaging Market forward.
A certain restricts and challenges plan to restrict market growth. Factors such as strict regulatory compliance are limiting industry expansion. Stringent rules imposed on blister packaging, notably in the healthcare industry, provide a challenge to the Blister Packaging Market. Compliance with standards is critical since even the smallest flaw in packaging might harm the product. It could have a detrimental impact on the manufacturer's profits.
The growing number of active cases of various diseases, such as infectious diseases, uncommon diseases, and malignancies, among others, in the world population is pushing the worldwide pharmaceutical industry's demand for blister packaging. Furthermore, the number of cancer and heart disease patients in Canada is increasing over time.
Furthermore, factors such as packaging technical improvements, the increasing number of elderly people across the world, and complying, regulatory approvals, among others, may generate new potential for the industry to grow quickly. The high cost of aluminium films, however, and a lack of understanding about this technology, are possible limitations to the overall expansion of the Global Blister Packaging Market. Nonetheless, technological advancements, R&D investment, and unexplored possibilities in new markets provide positive growth opportunities.
Market snapshot - 2024–2031
Global Market Size
Largest Segment
Carded
Fastest Growth
Carded
Growth Rate
6.50% CAGR
Global Blister Packaging Market ($ Bn)
Country Share for North America Region (%)
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Blister Packaging Market Segmental Analysis
The global blister packaging market is segmented based on type, technology, material, end-user, and region. Based on type, the market is segmented into carded, and clamshell. In terms of technology, the market is segmented into thermoforming and cold forming. With respect to material, the market is segmented into paper & paperboard (SBS, WLC, and others), plastic films (PVC, rigid PVC, polyethylene terephthalate, PE, and others), and aluminum. With respect to end-users, the market is grouped into healthcare, consumer goods, industrial goods, and food. Region wise, the global blister packaging market is segmented into North America, Europe, Asia-Pacific, South America, and MEA.
Blister Packaging Market Analysis by Type
The carded category accounts for the majority of market share. During the projection period, it is expected to increase at a considerable CAGR. The elements that can be attributed to its ability to assume numerous shapes, stack several things, and have superior damage protection capabilities are driving demand for this market sector. Furthermore, using blister-carded packaging, marketers may more clearly promote their goods while maintaining them safe within stiff, pre-formed compartments. Blister card packaging provides a solid seal around items. This means that the cavity's contents cannot be harmed by air, chemicals, or other impurities.
Blister Packaging Market Analysis by Technology
Thermoforming currently has the greatest market share in the blister packaging business due to the wide range of end-use sectors it may be utilized in, including the food and healthcare industries. The thermoforming technique is preferred over cold forming technology for blister packaging because it has cheaper initial tool and equipment costs. Thermoforming has several advantages over cold forming, including safer travel since the compartments are more closely defined and smaller, limiting the possibility of damage, visibility because the blister plastic is transparent, and it has the ability to manufacture a large range of items. Manufacturers like thermoforming due of its high-volume manufacturing capability, dependability, homogeneity, and cleanliness. The low cost, efficient management, and convenience of use of thermoforming technology are the primary drivers of demand.
Global Blister Packaging Market By Type (%)
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Blister Packaging Market Regional Insights
North America is now dominant the blister pack market and is expected to continue so over the forecast period. This is due to the existence of advanced and established end-user sectors in the region, such as healthcare and pharmaceuticals.
Asia-Pacific, on the other hand, is predicted to increase at the greatest pace over the forecast period. This is due to increased urbanization, industry, and the greater usage of easy packaging solutions. Growth and expansion of several end user verticals in this area, such as the packaging industry, presents more attractive and remunerative market growth potential customers.
Global Blister Packaging Market By Geography
- Largest
- Fastest
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Blister Packaging Market Dynamics
Blister Packaging Market Drivers
Rise in Consumer Goods Packaging
- Blister packaging is widely used in the packaging of consumer goods, including electronics, cosmetics, personal care products, and food items. The demand for blister packaging in the consumer goods sector is driven by its ability to provide product protection, durability, and attractive product presentation. Additionally, blister packaging offers convenience features such as easy opening and resealing, further boosting its adoption.
Blister Packaging Market Restraints
Cost Implications
- Blister packaging can involve higher production and packaging costs compared to traditional packaging methods. The need for specialized machinery, materials, and processes can increase the overall cost of blister packaging. This cost factor can be a constraint, particularly for small and medium-sized enterprises with limited budgets.
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Blister Packaging Market Competitive Landscape
The competitive landscape is dynamic, with companies competing on factors such as product innovation, quality, cost-effectiveness, customization capabilities, and geographic reach. These key players constantly strive to meet the evolving demands of customers and maintain a strong market presence in the blister packaging industry.
Blister Packaging Market Top Player’s Company Profiles
- Amcor Limited (Australia)
- Sonoco Products Company (US)
- WestRock Company (US)
- Constantia Flexibles Group GmbH (Austria)
- Klockner Pentaplast Group (Germany)
- Honeywell International Inc. (US)
- Display Pack Inc. (US)
- Huhtamaki Group (Finland)
- Tekni-Plex, Inc. (US)
- Rohrer Corporation (US)
- Winpak Ltd. (Canada)
- Uflex Limited (India)
- Essentra plc (UK)
- Montaplast GmbH (Germany)
- Starview Packaging Machinery, Inc. (Canada)
- Clearwater Packaging, Inc. (US)
- Blisterpak, Inc. (US)
- Tekpak Solutions (Ireland)
- VisiPak (US)
- Paragon Films, Inc. (US)
- Orora Packaging Australia Pty Ltd (Australia)
- Nippon Closures Co., Ltd. (Japan)
Blister Packaging Market Recent Developments
-
In February 2024, Sanofi Consumer Healthcare (CHC) announced its participation in the Blister Pack Collective, a drive led by PA Consulting and Swedish R&D firm PulPac. The collective goal is to advance the development and widespread adoption of fiber-based blister packaging.
-
In September 2023, Aptar CSP Technologies, a company specializing in active material science solutions, formed a strategic partnership with Porton Pharmatech Co., Ltd, a subsidiary of Porton Pharma Solutions Co., Ltd, a global Contract Development and Manufacturing Organization (CDMO). Their collaboration expects to introduce Activ-Blister Solutions to the Asia-Pacific (APAC) region. This drive follows the successful commercialization and approval of Activ-Rankle innovation for two HIV drugs currently accessible in North America and the EMEA area.
-
In June 2023, Bain & Company announced a global partnership with SAP SE, a leading enterprise resource planning (ERP) software company headquartered in Germany.
Blister Packaging Key Market Trends
- Increasing Demand for Sustainable Packaging: There is a growing emphasis on sustainable packaging solutions, including blister packaging. Manufacturers and consumers are increasingly concerned about environmental impacts and are seeking packaging options that are recyclable, made from renewable materials, and have reduced carbon footprints. The adoption of sustainable blister packaging materials and designs is a prominent trend in the market.
- Customization and Personalization: The blister packaging market is witnessing a trend towards customization and personalization. Brand owners are looking for unique packaging designs and features that align with their brand image and help differentiate their products on the shelves. Customizable blister packaging solutions that allow for various shapes, sizes, and branding elements are in high demand.
- Demand for Tamper-Evident and Child-Resistant Packaging: Safety and security are crucial considerations for blister packaging, particularly in industries such as pharmaceuticals and consumer goods. Tamper-evident and child-resistant features in blister packaging are gaining significance to ensure product integrity, prevent unauthorized access, and comply with regulatory requirements.
- Integration of Smart Packaging Technologies: The integration of smart packaging technologies with blister packaging is an emerging trend. This includes incorporating features such as NFC (Near Field Communication) tags, QR codes, or RFID (Radio Frequency Identification) technology to enable product authentication, track and trace capabilities, and enhance consumer engagement through interactive packaging experiences.
- Advancements in Material and Technology Innovations: The blister packaging market is witnessing continuous advancements in materials and technologies. Manufacturers are introducing improved barrier films, lightweight materials, and advanced printing techniques to enhance the functionality, durability, and visual appeal of blister packaging. Technological innovations are driving the development of blister packaging solutions with improved sealing, automation capabilities, and efficiency in production.
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Blister Packaging Market SkyQuest Analysis
SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Co-relates and Analyses the Data collected by means of Primary Exploratory Research backed by the robust Secondary Desk research.
According to our analysis, we found that the Blister Packaging Market the Blister packaging is in high demand due to the development of manufacturing tasks and the maturity of inconveniently wrapped items. It is utilized in pharmaceutical, consumer, and food product packaging. It makes product handling easier while also shielding commodities from harsh weather and pollution. The use of this sort of packaging facilitates the movement of objects. As a result, this characteristic will drive the global Blister Packaging Market. Furthermore, the Blister Packaging Market is being driven by the expanding convenience goods segment. Cosmetics, gadgets, and prescriptions are frequently eaten, and this packaging makes them easier to handle and utilize. These are important drivers that are projected to propel the Global Blister Packaging Market forward.
| Report Metric | Details |
|---|---|
| Market size value in 2022 | USD 25.79 billion |
| Market size value in 2031 | USD 45.46 Billion |
| Growth Rate | 6.50% |
| Base year | 2023 |
| Forecast period | 2024–2031 |
| Forecast Unit (Value) | USD Billion |
| Segments covered |
|
| Regions covered | North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA) |
| Companies covered |
|
| Customization scope | Free report customization with purchase. Customization includes:-
|
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Table Of Content
Executive Summary
Market overview
- Exhibit: Executive Summary – Chart on Market Overview
- Exhibit: Executive Summary – Data Table on Market Overview
- Exhibit: Executive Summary – Chart on Blister Packaging Market Characteristics
- Exhibit: Executive Summary – Chart on Market by Geography
- Exhibit: Executive Summary – Chart on Market Segmentation
- Exhibit: Executive Summary – Chart on Incremental Growth
- Exhibit: Executive Summary – Data Table on Incremental Growth
- Exhibit: Executive Summary – Chart on Vendor Market Positioning
Parent Market Analysis
Market overview
Market size
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- SWOT Analysis
KEY MARKET INSIGHTS
- Technology Analysis
- (Exhibit: Data Table: Name of technology and details)
- Pricing Analysis
- (Exhibit: Data Table: Name of technology and pricing details)
- Supply Chain Analysis
- (Exhibit: Detailed Supply Chain Presentation)
- Value Chain Analysis
- (Exhibit: Detailed Value Chain Presentation)
- Ecosystem Of the Market
- Exhibit: Parent Market Ecosystem Market Analysis
- Exhibit: Market Characteristics of Parent Market
- IP Analysis
- (Exhibit: Data Table: Name of product/technology, patents filed, inventor/company name, acquiring firm)
- Trade Analysis
- (Exhibit: Data Table: Import and Export data details)
- Startup Analysis
- (Exhibit: Data Table: Emerging startups details)
- Raw Material Analysis
- (Exhibit: Data Table: Mapping of key raw materials)
- Innovation Matrix
- (Exhibit: Positioning Matrix: Mapping of new and existing technologies)
- Pipeline product Analysis
- (Exhibit: Data Table: Name of companies and pipeline products, regional mapping)
- Macroeconomic Indicators
COVID IMPACT
- Introduction
- Impact On Economy—scenario Assessment
- Exhibit: Data on GDP - Year-over-year growth 2016-2022 (%)
- Revised Market Size
- Exhibit: Data Table on Blister Packaging Market size and forecast 2021-2027 ($ million)
- Impact Of COVID On Key Segments
- Exhibit: Data Table on Segment Market size and forecast 2021-2027 ($ million)
- COVID Strategies By Company
- Exhibit: Analysis on key strategies adopted by companies
MARKET DYNAMICS & OUTLOOK
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- Regulatory Landscape
- Exhibit: Data Table on regulation from different region
- SWOT Analysis
- Porters Analysis
- Competitive rivalry
- Exhibit: Competitive rivalry Impact of key factors, 2021
- Threat of substitute products
- Exhibit: Threat of Substitute Products Impact of key factors, 2021
- Bargaining power of buyers
- Exhibit: buyers bargaining power Impact of key factors, 2021
- Threat of new entrants
- Exhibit: Threat of new entrants Impact of key factors, 2021
- Bargaining power of suppliers
- Exhibit: Threat of suppliers bargaining power Impact of key factors, 2021
- Competitive rivalry
- Skyquest special insights on future disruptions
- Political Impact
- Economic impact
- Social Impact
- Technical Impact
- Environmental Impact
- Legal Impact
Market Size by Region
- Chart on Market share by geography 2021-2027 (%)
- Data Table on Market share by geography 2021-2027(%)
- North America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- USA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Canada
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Europe
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Germany
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Spain
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- France
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- UK
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Europe
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Asia Pacific
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- China
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- India
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Japan
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Korea
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Asia Pacific
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Latin America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Brazil
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of South America
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Middle East & Africa (MEA)
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- GCC Countries
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Africa
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of MEA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
KEY COMPANY PROFILES
- Competitive Landscape
- Total number of companies covered
- Exhibit: companies covered in the report, 2021
- Top companies market positioning
- Exhibit: company positioning matrix, 2021
- Top companies market Share
- Exhibit: Pie chart analysis on company market share, 2021(%)
- Total number of companies covered
Methodology
For the Blister Packaging Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:
1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.
2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Blister Packaging Market.
3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.
4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.
Analyst Support
Customization Options
With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Blister Packaging Market:
Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.
Regional Analysis: Further analysis of the Blister Packaging Market for additional countries.
Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.
Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.
Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.
Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.
Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.
Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.
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