Market Overview:

The Blister Packaging Market size is estimated to reach $26.9 Billion by 2030, growing at a CAGR of 5.88% during the forecast period 2024-2030, according to a recent report published by IndustryARC, titled, Blister Packaging Market – By Type: Face Seal, Full Blister, Trapped Blister, Clamshell, Carded, Pharmaceutical, and Others), By Materials: Polymers (Polyethylene terephthalate (PET), Polyvinyl chloride (PVC), Polyvinylidene chloride (PVDC), Polychlorotrifluoroethylene (PCTFE), Cyclic olefin polymers (COP), Others), Paper & Paperboard, Aluminum, and Others.), By Technology: (Thermoforming and Cold Forming), By Application: (Pharmaceutical, Consumer Goods, E-commerce, Toys, and Others), By End-Use Industry: Medical and Healthcare, Food and Beverages, Industrial, Electrical and Electronics, Chemical, Automotive, and Others), By Geography - Global Opportunity Analysis & Industry Forecast, 2024-2030”

Rising industrial applications and technological advancements, along with the growing emphasis on sustainable packaging solutions, are significant factors driving the expansion of the Blister Packaging market during the forecast period.  

Asia Pacific Dominated the Market in 2023

North America region held the largest share in the Blister Packaging in 2023 up to 35% followed by Asia Pacific and Europe. The rapid industrialization reinforced by the government for improving the economy accelerates the growth of the automotive, healthcare, and cosmetics industries. Moreover, the constantly emerging population in the region and the increasing concern of individuals to invest more in their healthcare and personal care are the primary reasons for powering the expansion of Blister Packaging in the regional market. The healthcare sector in the US is rapidly growing certainly with major projects like for instance, the campus expansion of Houston Methodist and the Woodlands Hospital, Texas for US$240 million. New York Northwell Health plans to invest US$500 million to increase the services and quality of care to the residents of Suffolk County. 

Blister Packaging Market: Key Takeaways

Surge in Demand from Pharmaceuticals

The Blister Packaging market is experiencing a notable surge in demand from the pharmaceutical industry, which relies heavily on this type of packaging for its ability to ensure product integrity and safety. Blister packs protect medications from environmental factors such as moisture and light, extending shelf life and enhancing usability for patients. The rise in chronic diseases and an aging population are driving the need for more efficient and effective drug delivery systems. Additionally, regulatory requirements for tamper-proof packaging further emphasize the importance of blister packaging in pharmaceuticals. This trend is expected to contribute significantly to the market's growth in the coming years, as manufacturers innovate to meet the evolving needs of healthcare providers and patients.

For More Queries About "Blister Packaging Market " @ https://www.industryarc.com/pdfdownload.php?id=15180

Shift Towards Sustainable Packaging Solutions

A critical trend in the Blister Packaging market is the growing emphasis on sustainability. With increasing environmental concerns, manufacturers are focusing on developing eco-friendly blister packaging solutions that utilize recyclable and biodegradable materials. This shift is driven by both consumer preferences for sustainable products and stricter regulations aimed at reducing plastic waste. Companies are investing in research and development to create innovative packaging designs that minimize material usage while maintaining product protection. As the demand for sustainable practices continues to rise across various industries, the Blister Packaging market is likely to see a substantial transformation, positioning itself as a leader in responsible packaging solutions.

Scope of the Report: 

Report Metric 

Details 

Base Year Considered

2023

Forecast Period

2024–2030

CAGR

5.88%

Market Size in 2030

$26.9 Billion

Segments Covered

By Grade, By Mixture, By Function, By End Use, and By Region

Geographies Covered

North America (USA, Canada, and Mexico), Europe (UK, Germany, France, Italy, Netherlands, Spain, Russia, and Rest of Europe), Asia-Pacific (China, Japan, India, South Korea, Australia, Indonesia, Malaysia, and Rest of APAC), South America (Brazil, Argentina, Colombia, Chile, and Rest of South America), and Rest of the World (Middle East, and Africa).

Key Market Players

  1. Amcor Limited

  2.  Bemis Company, Inc.

  3.  DowDupont Inc.

  4.  WestRock Company

  5.  Sonoco Products Company

  6.  Constantia Flexibles

  7.  Klockner Pentaplast Group

  8.   Honeywell International Inc

  9.  Tekni-plex, Inc.

  10.   Pharma Pack, Inc.


Recent Developments:

  •  In October 2022, the first entirely transparent recyclable mid-barrier blister packaging will be unveiled at Pack Expo by US-based pharmaceutical company TekniPlex Healthcare. 
  •  In June 2022, A new primary pack serialization and aggregation solution is being introduced to the market by SEA Vision and Marchesini Group. It consists of a whole suite of technologies for printing, inspecting, and packing serialized blisters as well as performing carton aggregation, all of which are integrated in a 4.0 context.  

Blister Packaging Market: Competitive Landscape

Key companies profiled in the Blister Packaging Market are Taiyo Nippon Sanso Corporation, The Linde Group, Iwatani Corporation and others.


About IndustryARC™:

IndustryARC primarily focuses on Market Research and Consulting Services specific to Cutting Edge Technologies and Newer Application segments of the market. The company’s Custom Research Services are designed to provide insights into the constant flux in the global demand-supply gap of markets. 
 
IndustryARC’s goal is to provide the right information required by the stakeholder at the right point in time, in a format that assists an intelligent and informed decision-making process.

Contact Us:

Mr. Venkat Reddy
IndustryARC
USA: (+1) 518-282-4727