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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.
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.
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.
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Global Blister Packaging Market Segmentation:
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.
By Technology: (Thermoforming, Cold Forming)
By Vehicle Type: (Carded, Clamshell)
By Material: (Paper & Paperboard, Plastics Films, Aluminum)
By End-User: (Healthcare, Consumer Goods, Industrial Goods, 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.
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.
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Which are the driving factors responsible for the growth of market?
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What are the trends of this market?
Which are main factors responsible for new product launch?
How big is the global & regional market in terms of revenue, sales and production?
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Which region is dominating the global market and what are the market shares of each region in the overall market in 2022?
How will each segment grow over the forecast period and how much revenue will these segments account for in 2027?
Which region has more opportunities?
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